You heard the word Forex many times, but you never knew what it is ?

You told yourself a million that you must teach your what it is, because you heard that some people make a living just by using the Forex trading system.

So, if you are like and you want to learn thing by yourself you came to the right place.

In the following few weeks I will publish few lessons the will explain you the newbie that doesn't know anything about Forex and Trading.

The word Forex is standing for The Foreign Exchange market, other names that might that also reffer to Forex are : FX, Spot FX or SPOT.

Now days Forex is the largest financial market in the world. Forex volume is over 2$ trillion a day.

Just to compare it to the New York Stock Echange trade that making "only" 25$ billion a day. You can the huge potencial that the forex market have.

The short answer is Forex is trading money.

Forex trading simulate a buying of one currency and selling another.

Currencies are traded in pairs for example the Euro dollar and the US dollar this may appear as EUR/USD

Unlike the stock market there isn't anything physical that you trade, sometimes it may be confusing but you can look at it in different way.

When you buy a currency of a country your buying a part in their economy, The price of the currency is reflected by what the market think about the current and future health of the economy of that specific country.

So when you trading two currencies, the exchange rate is a reflection on the condition of one country economy versus the other.

The Forex market unlike another Stock Exchange does not have any physical location, and it's considered and Over-the-Counter (OTC) or as "Interbank".

The entire market runs electronically between the network banks 24 hours a day.

In the rise of the Internet this market that was open until 1990 only to the big guy, that came with 10 to 50 million opens is gates to everyone.

Now days all you need is high speed Internet connection and of course a computer.