Читать книгу Currency Trading For Dummies - Kathleen Brooks - Страница 12

At its heart, currency trading is about speculating on the value of one currency versus another. The key words in that last sentence are speculating and currency. We think that looking at currency trading from those two angles — or two dimensions, if you allow us to get a little philosophical — is essential.

On the one hand, it’s speculation, pure and simple, just like buying an individual stock or any other financial security, in the hope that it will make a profitable return. On the other hand, the securities you’re speculating with are the currencies of various countries. Viewed separately, that means that currency trading is about both the dynamics of market speculation, or trading, and the factors that affect the value of currencies. Put them together and you’ve got the largest, most dynamic, and most exciting financial market in the world.

Throughout this book, we approach currency trading from those two perspectives, looking at them separately and blending them together to give you the information you need to trade in the forex market.