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The Importance Of Timing In Forex And The Stock Market

The Importance Of Timing In Forex And The Stock Market



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Forex Training and Coaching

By : Chris Erickson
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Forex is the abbreviation of Foreign Exchange used to describe the trading of all the currencies of the world across local and global markets. Tader's investments increase or decrease based on the change in the value of the currency. The markets conditions can change at anytime in respnse to a number of events.The forex market is the largest liquid market in the world it is even bigger than the NYSE. Foreign exchange is the buying of one currency and the selling of another executed at the same time. You would execute a trade when the currency you want to buy increases in value compared to the one you are selling. You then must sell your currency in order to make a profit. The currency you are selling is called the base currency and the currency you are buying is called the counter or quote currency. Some of the plusses of trading forex are:

A frequently changing market which creates many opportunities for large profits

The chance to make profits even when the market is falling

Low Margin requirements

The ability to trade in almost any currency

The ability to trade non-stop 24 hours a day, five days a week from anywhere in the world through your PC

Although you used to only be able to trade Forex through banks, it has no become increasingly easy to trade as a private investor through the internet. Sound a little confusing?

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