James Dicks Blog

The Foreign Exchange market, also referred to as the "FOREX" or "FX" market, is the largest financial market in the world, with a daily average turnover of well over US $1 trillion -- 30 times larger than the combined volume of all U.S. equity markets.

"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or U.S. Dollar/Japanese Yen (USD/JPY).

For speculators, the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies, called "the Majors." Today, more than 85 percent of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

A true 24-hour market, FOREX trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.

Trading is not centralized on an exchange, as with the stock and futures markets.

 


Past performance is not necessarily indicative of future results and individual returns may vary amongst participants. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. All performance figures assume the reinvestment of realized gains and capital gains. There is considerable exposure to risk in any foreign exchange transaction, including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. This is not a solicitation to invest. Please consult your investment advisor and read all risk warnings before committing funds.



Premierefx™ is a trademark of Premierefx™, LLC and any related products, are analytical tools only and are not intended to replace individual research or licensed investment advice. Unique experiences and past performances do not guarantee future results! Testimonials are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading stocks, options and spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. No representation is being made that any software or training will guarantee profits or not result in losses from trading. Neither the software programs, any explanation or demonstration of their operation, nor any training held in conjunction therewith, including, without limitation, through online chat, radio programs, during in-person seminars or otherwise, should be construed as providing a trade recommendation or the giving of investment advice. All purchasers of software or other products owned by Premierefx™, LLC are encouraged to consult with a licensed representative of their choice regarding any particular investment or investment strategy. Prices and offers are subject to change without notice. All shipping & handling charges are non-refundable.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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