Here’s what I have gathered so far about forex trading on Day 1. I am by no means an expert in forex trading, if you need more information just check out some of the links on my page. This blog serves as a place for me to gather my thoughts as well as a record on how well I’m doing so far. By this, I mean how much money I am making from forex. I know a lot of you are as much of a skeptic as I am, so this will be where I’ll tally up the scores and see if I’m breaking even at all.
Forex trading, in case you didn’t know, is the foreign currency exchange market. One of the largest and most traded financial market in the world. This is the trader’s ultimate dream market – open 24 hours a day, 6 days a week. This is where half a billion dollars of trade are being executed very few seconds. On an average day, the daily currency volumes exceeds $2,000,000,000,000. There’s no typo here. The trading volume is indeed $2 trillion dollars each day. I hope you’re sitting up and listening by now.
Trading opens on Monday in Asia Pacific and closes on Friday in New York, at the end of the business day. That will give you about 144 hours of trading time in a week. That’s the reason why I have decided to get started in Forex. You do not need a lot of money to get started in Forex. A quick search on Google will turn up a lot of online Forex trading sites. Take you time to do some research. And if you wish, you may drop by my blog and see what I have learnt.
That’s all for today, I’ll be reading up more on forex and I suggest you do the same too.by-Step
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