Forex: Largest Market in the World!

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Forex: Largest Market in the World!

The forex market is the most liquid market and is open 24 hours a day. Non-stop. The liquidity is about 4-trillion dollars every day, around the globe. That means the currency market is more than 53 times larger than the New York Stock Exchange.This enormity and liquidity of the forex market means that you can get in and out of trades at almost any time, of almost any size. To tell you more on this, stock trading forces you to trade only when the stock markets are open.The forex market though, does NOT stop at four o’clock. It’s is a non-stop 24-hour market, starting on Sunday at 5 p.m. in New York, closing five days later on Friday at 4 p.m.

Why does it starts on Sunday night in New York ? Because that is when the Sydney and Singapore markets open. That’s they Monday morning. Then you can trade around the clock and basically follow the market opens in Tokyo, London, Europe, what have you.

And the best thing, is that you dont have to wait for an opening bell or encountering a market gap.