Member-only story
If you want to learn more about the Forex Market, here’s your chance
In the series of lectures, for our membership, we take it slow, while making it fun.
Welcome to the Course 4X Basics. Don’t think it is all about finances. The membership is a token fee of $2.99 a month.
This second lecture shares basic facts about the world’s largest financial platform and the vocabulary needed for trading. The first lecture dealt with managing risk and talked about how traders can control exposure to risk, even if they are not physically on the trading platform throughout the day.
The forex market is a decentralized global market that has multiplied over the years thanks to technological innovations. Meaning, no one country controls the market itself. Countries may have laws and policies surrounding the forex market, but these laws do not affect the actual trading.
It has become more accessible than ever, as anyone with an internet connection and a trading account can join the online trading community. Young adults in Africa trade on the market every day and earn substantial income. (Remember you can control your risk) Some countries in Africa have trading schools where students learn to trade.
Factors:
1. The market is a 5 trillion dollar-a-day platform, meaning over 5 trillion…
