What Is Forex?
Unlike what is commonly known in the Forex market, what is it? We are writing “What is not Forex” with a different perspective on the Forex market. Before we talk about what is not forex in this article, let’s briefly talk about what is forex in short. It is an abbreviation for Forex or FX Foreign Exchange. Forex is a counterfeit market where currency is bought and sold against each other.
Moreover, the Forex market is open 24 hours; it changes smoothly depending on the news flow and anticipation from the US, Europe and the Far East. The foreclosure system makes forex trading more attractive than other financial products. Now, with the 1: 100 leverage system determined by the Capital Markets Board, investors are profitable and profitable as they have invested USD 10.000 in the price movements in index and commodity in the parity that they will make with a guarantee of 100 USD.
Even if a certain profit target and risk management is not determined, it is very likely that even if the transaction is profitable, the investor is more likely to experience greater losses than the winner, since he or she is in a psychology of winning more. Forex is a very important psychology and psychologically always ready to create a profit target and risk management. Forex is not a gambling tool. To be successful in Forex, you can read this by reading the rules. It should be well known that forex is a financial instrument that can be invested in various currencies, indices, stocks and commodities without requiring very high guarantees.
It is the most advanced financial system in the world where Forex is perceived and appreciated in this sense, especially when narrow individual investors are able to make huge profits.