You do not need to spend years or get a degree to learn forex. To become a currency trader, you can complete basic training in three months. But to gain complete expertise, consider dedicating about two years of learning forex. By combining your forex technical analysis skills and fundamental marketing analysis, making money in forex should become more attainable. The forex market is open 24 hours daily, five days a week, providing opportunities for full and part-timers to engage in forex trading. There is no opening bell, so you can trade whenever you want. You can trade on your preferred schedule, like after your morning rise or returning home from work, and complete your order’s execution anytime. Some forex trading platforms let you transact from your phone, allowing you to execute forex trades anywhere. "
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Unforeseen developments affecting a country’s currency can potentially reverse trends and losses can run into hundreds of millions of dollars in forex trading, affecting any trader from small retail investors to large banks. For example, when the Swiss National Bank lifted the Swiss franc’s cap against the euro on January 15, 2015, the franc soared up to 41% against the euro that day. This surprise event wiped out the capital of three brokerages, rendering them insolvent and causing losses in their retail trading accounts.