Questoin About Forex? How Long Can You Hold Your Orders For? | All About Money Online

I don’t know too much about the FOREX system but do work in an industry with foreign currencies so I watch rates Daily and notice trends in currencies going up and down so figrued I may try to get into FOREX< thinking about learning more about it. My question is this, when I place an order I’m betting on a currency going up or down. How long can I hold an order for? Is it like shorting a stock where you have til day end or maybe 3 days or can you hold it for as long as you want. If you can hold as long as you want I dont see how you could possibly not make money as every currency is going to go down adn bcak up and then back down.

Also, why do they let you leverage youself 100%?

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