About the exchange market / FOREX
Forex (short for FOReign EXchange market, the global exchange market, FX) stands for the international market for currency convertion transactions between financial institutions. It is the latest and at the same time largest and most liquid of all financial markets. Because a currency is simultaneously both a commodity and a value measure (medium of exchange) in Forex, the instruments of the FOREX market are identified as currency or exchange pairs (e.g. EURO/USD).
By its very nature, speculation on the exchange market is as straightforward as on every other financial market: it is a case of realisation of profit on the basis of the difference between the buying and selling price of an underlying asset. You can buy cheaply in order to sell later at a higher price, or you can also initially sell at a higher price in order to buy back later when the price falls. The key is to properly understand the market.
A simplified version of a typical FOREX speculative transaction could be as follows:
This is how an example of a precipitation of a trading decision on the basis of fundamental analysis looks:
Stock exchange dealing is easy and complicated in equal measure. You can be active in it after only a few familiarisation sessions but if your aim is to push to the absolute top in this business, you have to launch yourself on a long and painstaking process. This of course applies for any area to which you might apply yourself.
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