There are several ways to trade in this market, but we will be concerned with only one way.
Summary of the lecture:
- The most common forex transaction is the swap.
- We will be trading the spot market.
- Futures are contracts to buy and sell.
- ETFs mean exchange traded funds.
- An option is when a buyer pays a premium for the obligation and the seller collects that premium.
- Binary options are when the outcome is either a win or loss.
The infographic used for this lecture: