What is Forex
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Forex, short for "foreign exchange," is the global market where currencies are bought and sold. It’s actually the largest and most liquid financial market in the world, with trillions traded daily. Traders speculate on currency price movements—like EUR/USD—hoping to profit from fluctuations in exchange rates. It runs 24 hours a day, five days a week, which makes it super flexible for different time zones.
If you're just getting into Forex, make sure to research brokers carefully. Regulations matter a lot, especially depending on your location. For example, if you’re in India and considering Exness, you might want to check this out: https://tradersunion.com/brokers/forex/ … -in-india/ — it gives a clear picture of their regulatory status and what that means for Indian traders.
Last edited by jedenek (Apr 06 3:45 PM)
Has anyone used a stock trading risk/reward calculator like the ones on some AI platforms? How accurate and helpful were its recommendations in making trading decisions?
The calculator for calculating risks and profits in trading greatly simplifies the process. What is especially useful is that it automatically takes into account the 상승테마, that is, when strong trends and growth in certain sectors appear in the market. This helps to adjust to changes in a timely manner and make more informed decisions. Overall, the calculator has become a good addition to my strategy and really helps to improve the accuracy of trading.