Is Forex Currency Trading Different to Currency Market Trading?
Currency Market Trading and Forex Currency Trading for all intents and purposes are the same thing. People don't trade US dollars for US dollars, except to make change at a bank for a retail shop. So the terms are referring to international currency being exchanged for a different country's money. Fact is, you can also call it 4x trading, 4x currency trading, fx currency trading, fx exchange - they all are referring to the same thing.
Many people do get confused about the names. This comes from the fact that many people know so little about forex currency trading, and so the general confusions they have about currency market trading extends to all the different names for it. People know about the Internet, and with that came the stock market's day traders dealing in shares, options and warrants. And all brokers had to deal with the Internet allowing them to be bypassed as software enabled people to place buy and sell orders direct.
Most people did not really notice the liberation of forex currency trading from the clutches of the banks and large corporations. The big boys had a monopoly on forex since the dawn of International trade, until the Internet also gave way to Forex currency trading by small and micro-sized currency market trading.
The irony is that Currency market trading, even though much less well known than the stock market, is massively bigger than the stock market. In fact, the World's forex currency trading turns over more money in 1 week than the entire USA economy does in one whole year.
When something like forex currency trading is 50 times bigger than the USA economy, it is impossible to centrally control. If collectively the World cannot agree on such an important issue as climate control, it is even more difficult to imagine forex control and so it will always be totally dependant on free market forces to control currency market trading.
Stocks and shares have mostly been manipulated and are only slightly influenced by the operation of the free market. Law and lawyers, misleading press releases by big business and/or outright fraud will always be found in the boom or bust cycle of share trading. Forex currency trading on the other hand is simply too big. Governments cannot write laws which can be manipulated by lawyers. Big business is tiny by comparison, and can only report their forex gains or losses to their own balance sheets; none of which could influence the total currency market trading system.
5 billion Euros is a lot of money. Let's assume a very large player or even Government steps in to the forex currency trading market and lends support to the Euro. Unless the USA at the same time announce some poor economic data at the same time, that 5 billion Euro would have little or no effect when you consider that 2,500 billion Euros are traded on every normal day. Currency market trading is honest because it is too big to fool the free market's operation.
So if big business and Governments seem powerless to manipulate forex currency trading, what chance does the small, mini or micro investor have? This is the beauty of currency market trading, because the operation of the free market allows for astute money management and strategic trading positions to be taken (like hedging). Add to this the very smart 4x trading software trading live at your desktop provides you with; even the modest forex trader can do very well indeed.
Feel free to visit my website where I go into great detail about currency market trading, the many forex robots and expert advisors available, and also what forex strategy can do for your forex currency trading. - 23196
Many people do get confused about the names. This comes from the fact that many people know so little about forex currency trading, and so the general confusions they have about currency market trading extends to all the different names for it. People know about the Internet, and with that came the stock market's day traders dealing in shares, options and warrants. And all brokers had to deal with the Internet allowing them to be bypassed as software enabled people to place buy and sell orders direct.
Most people did not really notice the liberation of forex currency trading from the clutches of the banks and large corporations. The big boys had a monopoly on forex since the dawn of International trade, until the Internet also gave way to Forex currency trading by small and micro-sized currency market trading.
The irony is that Currency market trading, even though much less well known than the stock market, is massively bigger than the stock market. In fact, the World's forex currency trading turns over more money in 1 week than the entire USA economy does in one whole year.
When something like forex currency trading is 50 times bigger than the USA economy, it is impossible to centrally control. If collectively the World cannot agree on such an important issue as climate control, it is even more difficult to imagine forex control and so it will always be totally dependant on free market forces to control currency market trading.
Stocks and shares have mostly been manipulated and are only slightly influenced by the operation of the free market. Law and lawyers, misleading press releases by big business and/or outright fraud will always be found in the boom or bust cycle of share trading. Forex currency trading on the other hand is simply too big. Governments cannot write laws which can be manipulated by lawyers. Big business is tiny by comparison, and can only report their forex gains or losses to their own balance sheets; none of which could influence the total currency market trading system.
5 billion Euros is a lot of money. Let's assume a very large player or even Government steps in to the forex currency trading market and lends support to the Euro. Unless the USA at the same time announce some poor economic data at the same time, that 5 billion Euro would have little or no effect when you consider that 2,500 billion Euros are traded on every normal day. Currency market trading is honest because it is too big to fool the free market's operation.
So if big business and Governments seem powerless to manipulate forex currency trading, what chance does the small, mini or micro investor have? This is the beauty of currency market trading, because the operation of the free market allows for astute money management and strategic trading positions to be taken (like hedging). Add to this the very smart 4x trading software trading live at your desktop provides you with; even the modest forex trader can do very well indeed.
Feel free to visit my website where I go into great detail about currency market trading, the many forex robots and expert advisors available, and also what forex strategy can do for your forex currency trading. - 23196
About the Author:
Phil Jarvie writes extensively on 4x trading related matters and is an experienced forex trader. Feel free to visit his free website for details on forex robots, expert advisers, 4x trading, 4x trading software and currency market trading and forex currency trading articles.
posted by X - Men @ 1:57 AM
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