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Lesson 1: What Is Forex and How Does It Work?

Before we talk about charts, pips or strategies, let's get clear on the market itself: what forex is, where it came from, who trades it, and where you fit in.

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Lesson 1: What Is Forex and How Does It Work?
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About this guide

In this Guide:

01. So, what is forex?

02. How we got here: a short history

03. Big, liquid and open around the clock

04. Who trades forex, and why

05. Over-the-counter vs. exchange-traded markets

06. Where you, the retail trader, fit in

07. What to take away from this lesson

08. Words you'll keep hearing