What is Forex trading?


The foreign exchange market is a global decentralized market for the trading of currencies. This market determines the foreign exchange rate. It comprises of all aspects of buying, selling and exchanging currencies at current or determined prices. Due to high trading volume, forex assets are classified as highly liquid assets. You can earn high profit from it if your plans and strategies are effective and accurate. Otherwise, it also involves great risk if you are trading unprepared.

However, if you want to invest in the stock market without any risk of loss then you can also consult an advisory firms like 100mcxtips and khelomcx to get the effective and profitable advises on the basis of technical and fundamental analysis of market.
(Source: https://www.quora.com/What-is-Forex-trading)

Comments

Popular posts from this blog

What's your day trading experience?

Do 90% of day traders lose money, because I have been trading for only a short period of time and my principal has increased by 30%, so is this simply beginners luck?

What is your analysis of the bloodbath in the stock market post-budget day? Will it be a good time to accumulate some stocks or will the index likely hit further lows?