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Passive income is money and income that a person regularly receives for which that person does not work directly. This means that time is no longer exchanged for money, as it is the case in an employee-existence or as an independent person. This is usually money from passive sources of income in which this person has once invested time or money. However, these income streams must have been built up beforehand in order to benefit from them later. Passive income decouples time from income. This creates financial and time flexibility.

Especially in a time when jobs are no longer secure due to digitalization and rationalization, it is increasingly important not to be dependent on a job as an employee. Similarly, there is no source of income that is taxed as heavily as earned income. Taxes on investment returns or corporate profits are much lower. Therefore, flexibility, independence from earned income and low tax rates are important reasons to build up passive income.

An average income millionaire usually has between 7 and 10 different sources of income outside of his or her work income. One way of doing this is to build up a passive income in the world's largest market, the currency or forex market, in the form of Forex.

The following explanations in this book serve to present this field and its possibilities in detail and to show how a passive income can be built up in the world's largest market, the currency and foreign exchange market. First of all, it is a matter of explaining some of the terms used in Forex, so that even a beginner can become familiar with this subject.