Forex trading – understanding the basics before you start

1 min read

Forex trading is all about buying and selling currencies on the foreign exchange (forex) and hopefully making a profit along the way. There are two major benefits of forex trading; you don’t need to have a fortune to get started and the ‘interbank market’ is available 24 hours a day, 5 days a week. This may make forex trading sound like an attractive prospect but it’s important to realize that this type of trading involves a significant amount of work, if you want to stand the best chance of being successful. Don’t believe everything you read about trading on the…...

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Jeremy Biberdorf Jeremy Biberdorf is a long term online marketer turned financial blogger and online entrepreneur. You can check out his investing and finance blog at ModestMoney.com.