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Currency Trading

Written on February 8, 2011 by Steve

Currency trading is not the same as stocks, bonds, futures or options. Currency trading in your country is not supervised by any official appointed by your central government. And also there is no clearing house to guarantee trades. Within a day, more than USD 3000000000000 worth of transactions conducted, which just goes to show how widespread the forex market is, and why you should learn currency trading.

In currency trading, “pips” are used. pip percentage represents only the Point. Pips, which are sometimes called a point – and you may find it easier if you think like that. Currency pips are used to measure changes in the price of money.

Tags: currency ,Currency Trading ,trading

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