Forex unit Lite Forex: forex trading in the initial rules. Part I

Forex unit Lite Forex: forex trading in the initial rules. Part I

These living we call bartering, but it's the same procedure. And these days we've gotten more stylish with our trading. Now we use something called money to stand up for blankets and knives, but we're still trading our ability to work and produce something in hand in exchange for someone else's good that we want.

Now we are a district money trading money for another region, because we are trained that their relative values ​​could Conversely, sometimes consciously. The first inventive souls to notice this was the first in the world funds, taking their trade by buying and selling of real bills and coins.

But today the whole process is formalized in what we call foreign currency (or Forex) market. And it drew plenty of action. Up to $ 3000000000000 a day value of the action, in fact. Forex trading purely get some mixed buying and / or sell various foreign currencies in the macro market. Many savers today do not consider it enough to have a portfolio containing only stocks and mutual funds.

One of the complaints burliest the Forex market is its 24-hour open exit. The world clock, a day of trading will begin in Sydney, Australia and steps on the time zone to time zone around the world until they reach New York, the last market to open each day. And it does these five days a week, closing only for the weekend. Round each country has its own currency, the Forex market, it is mainly the so-called "Big" money is traded. This money is much as their issuing countries are politically and economically more balanced than most other currencies (most of the time).