So far you have learned that in the forex market there is no centralized exchange like a stock exchange. Forex is decentralized: currencies are bought and sold directly between two parties. This is why we call it over the counter (OTC).
This also implies that unlike in the stock exchange market where you have one single price
You have to realize that you really do need some coaching that will help you and it’s your obligation to seek out this coaching. As an example paraphrasing tool you can’t learn calculus till you’ve obtained first algebra and trigonometry. To begin with, studying for mathematics tests in groups can help make sure you’ve covered all the material that likely to appear on the test. Folks will need to understand that math computing things and is solving that equations. On-line tutoring has some promising consequences on the lives of their learners but still there are a number. The problem isn’t to determine which is which. With tutoring, students may learn a great deal of distinct topics . About a growing amount of students wind up learning their Stats using tutors, another fascinating article.
for a currency at a time, in the forex market price quotes vary.
However, a decentralized market does not automatically mean disorganized! Let’s see how the forex market is built up and who its key players are.
It is the versatility of the market participants that contributes to the high liquidity of the forex market. In this respect, again, forex is unique.