To put it is simple words, we are involve in forex when we exchange currencies at the money changer. Every time you go overseas to another country, you will change your local currency to the currency of the country you are visiting.
For example, say that you are visiting Hong Kong. When you take Ringgit Malaysia and buy Hong Kong Dollars from the money changer, you are officially performing a forex trade.
The difference between 2 currencies is how we can make money in forex.
Now, why should you choose forex trading?
It is because Forex is a 5 Trillion dollar market. Do you know how much money that is?
if you compare it to the 22.4 billion dollars daily volume of the New York Stock Exhange, the NYSE would look rather ridiculous. It is like comparing Godzilla with a mouse.
No wonder why there are more and more people looking into investing in the forex market.
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