The Foreign Money Exchange Service (Forex)

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Who won't agree that trading has always been a great business opportunity?? but when compared to currency trading, the forex market it is still considered small. Forex foreign money exchange service market is at least 30 times larger than all other US markets combined. People generally talk in billions but forex market is worth trillions dollars. however, the thing to be noted here is that all these transactions are not solely due to large banks. The Fact is that most of the currency trades are done by speculators or small investors. The only thing needed is patience for the right opportunity to reap profits. Actually, it is the same with any kind of trading, you just need timing and money management. It is true that forex foreign money exchange is unique in many ways and as such requires some unique knowledge about it. Some of the best things about forex foreign money exchange is that there will never be any slippage on your stop orders. it is guaranteed that you will get your fill regardless of the size of your order. there is no dearth of time-24hour trading 5 days a week. Now, tell me anything that could match this. this is the main reason why more and more traders are flocking to forex. they need to use the same skills but the end result is far more lucrative.