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Forex trading A guide for beginners to learn how to invest in strategies and money management.
Introduction
As it is commonly known, the currency market, or Forex (FX), is a market that makes it easy to buy and sell different currencies. This operation is carried out in a decentralized manner (OTC) thanks to the interbank market.
Without knowing it, you most likely have already participated in the foreign exchange market, either when you ordered imported shoes, or more directly, by having acquired foreign currency when you were vacationing abroad. Investors are interested in Forex for several reasons, among which the following stand out.
The Size of the Forex Market
Wide variety of currencies to be traded
Different levels of volatility
Low transaction costs
Operational 24 hours, five days a week
Forex, a Speculative Market
One of the most common Tradings and investing philosophies is “buy low and sell high.” In particular, long-term investments, such as investing in stocks or bonds, depending on the asset’s value. In the Forex, you can also sell high and buy low. In this way, you can potentially make a profit on both downtrends and upward trends.
