Share Market: The Basics of Forex Trading
The foreign exchange (FOREX) market is a global marketplace where currencies from around the world are traded. This vast decentralized market is the largest and most liquid in the world, with daily trading volumes of more than $5 trillion. FOREX trading involves buying and selling currencies in order to generate profits from the differences in their values. By predicting how a currency will fluctuate in relation to another, traders can speculate and make trades to try to generate returns. There are several ways to trade in the FOREX market, including using technical and fundamental analysis, as well as employing trading strategies that include swing and day trading.