How To Understand Forex Trading

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All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal point. A pip or percentage in point is the smallest increment of trade.. We go over some of the things you need to understand before you can trade currencies..If you re looking to get started in forex trading, this is the place to start. The following articles will help you gain an understanding of the foreign exchange market, . Forex trading has a steep learning curve at first. Read to learn the basics of currency pairs, how the forex market operates, and details on .

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