ADVANCED FOREX TRADING STRATEGIES FOR BEGINNERS
FOREX MARKET
Whether you are a retail day trader or a professional trader, or an institutional trader/investor, the foreign exchange (forex or FX) market is where the bulk of the money lies. Daily average volumes of transactions in the bond market are $700 billion worldwide. In comparison, the equity markets amount to $200 billion. These amounts are relatively small for a forex trader since the daily average volume for forex trading is approximately $5 trillion per day. The Forex market is the biggest, most traded exchange globally. Market participants include governments, central banks, commercial and investment banks, multinational companies, individual forex traders and speculators. For this reason, FX trading can involve risks.