The foreign exchange market is a gold-mine of UNLIMITED WEALTH. Today, it is recognised as the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, large corporations, governments, and other financial institutions.
The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over USD4 trillion in April 2010 by the Bank for International Settlements.
Let’s pause for a second and consider the SIZE of the Forex Market – just how BIG is 1 TRILLION dollars for a start?
You get the picture??
Here’s ANOTHER vivid description:
If I were to pay YOU $1,000 EVERY SECOND, it would take me 32 YEARS to pay you
1 TRILLION DOLLARS!
Are we starting to get a sense of just how massive that amount of money is? Can you
start to imagine just how much the Forex Market trades in a day? That mammoth figure is currently estimated at 4 TRILLION US dollars a DAY! Whew!
The Forex Market is WAY BIGGER than ALL the World’s stocks AND futures markets
COMBINED!
So now that we know its size – therein lies the opportunity. Is it so difficult for us to pluck out a few hundred dollars or a few thousand dollars every day from the Forex Market?
