Categorized | Forex

What You Can Learn In Forex 101

Share Button

Forex 101 for Investors in a Changing Market

forex 101

Many investors are seeking safe havens to ride out this financial storm but a growing number of traders are schooling themselves in forex 101 to seek profits in a risky environment. The present volatility has sent many investors running scared. Even gold is less interesting now that it has reached such a high value. It may continue to gain value but gone are the days when your gold investment might double or triple in a short period of time. However, currency values have shown some promise and drawn many novices to study some forex 101 tips in order to become currency traders.

After the financial crisis hit the markets in 2008, the volume of daily retail forex trading increased 25% in just one year. That year’s $125 billion volume reflected the culmination of a 1,000% increase over the previous eight years. The total forex trade each year is more than $4 trillion but this increase in the retail side of forex investment shows that it is becoming much more common among traders. Brokers report increased requests from traders for access to the currency markets during this same period.

Benefits of Taking Forex 101 Now

The advances in communication technology have created huge opportunities in this area. Learning a little forex 101 will show you that traders have much more access to this forum than they previously did. Only companies or other entities that needed foreign money to operate an international business were usually involved in the forex trade. Being able to monitor currency values online has enabled even independent traders to engage in profitable speculation in foreign currencies.

The recent fluctuations in currencies have opened up great possibilities. A shrewd trader can buy and sell a currency in same-day trades to make a profit. If you school yourself in forex 101, you might be able to do the same.

Find more information on forex 101 on the FREE email list:

This post was written by:

- who has written 2169 posts on StockRockandRoll.

Contact the author

Comments are closed.

© 2021 MJ Capital, LLC | All rights reserved