Currency Trading is fast becoming a more popular way for investors to spend money. Trading currency is performed in what is called the currency market, also called the forex and is abbreviated as FX. The FX market is the largest of the trading markets and averages $4 trillion every trading day. The currency trading market is available to traders 24 hours a day and is closed only during the weekends, which starts Friday evening through Sunday. The currency market takes place during three sessions; there is the United States, European and Asian markets. When trading currency, the trades are in lots. Lots come in various sizes. Lots are valued from the base currency and all trading is in pairs. Trading in pairs means you must buy and sell currencies at the same time. Virtually all currency trading is calculated to the fourth decimal. The percentages are referred to as a pip and represent the smallest amount allowed during a trade.
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