🏦 What Is Forex? Foreign Exchange (Forex) is the global marketplace for trading national currencies. Daily volume exceeds $6 trillion , dwarfing stock markets. Open 24 hours a day, 5 days a week , across Sydney, Tokyo, London, and New York. Traders speculate on whether one currency strengthens or weakens against another (e.g., buying EUR/USD if expecting Euro to rise). 📊 Essential Concepts Currency pairs : Major pairs (EUR/USD, GBP/USD, USD/JPY) are best for beginners. Pips : Smallest price move (0.0001 for most pairs). Lots : Standard lot = 100,000 units of base currency. Leverage : Borrowed buying power (e.g., 1:100). Spread : Difference between buy and sell price. Stop loss : Predefined exit to limit losses. 🚀 Step‑by‑Step Beginner Roadmap Education (Weeks 1–4): Learn basics, install MT4/MT5, study charts. Demo Trading (Months 1–3): Place 50–100 trades with virtual money. Live Account (Month 3+): Start small ($50–$200), trade 0.01 lots. Risk Management: Never ris...