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Wednesday, December 15, 2010

Basic Of Forex

Many people can’t spot the different between stock market and forex market. The basic is the same which is buying at the lowest price and sell at the highest price. Now I will show a simple table to show how the different between this two type of market for the traders.









The Different Between Stock and Forex



Stock


Forex
Traders buy and sell stock
Traders buy and sell currencies
There are thousands type of stock
There are 6 major world currencies
Buying stock is easy, to sell is hard
You sell or buy any time you want
Limited buyers and sellers
Unlimited buyers and sellers
Traders can only trade when the market is open
Traders can trade 24hours a day
One way maket
Two way market
Effected when economy crisis happen
Doesn’t have effect with the economy


Next… I will breakdown the points that are shown in the table above.
Wait for the upcoming info..thank you

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