In the first lesson, we will introduce you to the global foreign exchange market. You will learn what exactly Forex trading is, why some people choose to trade Forex, and what exactly happens when you trade Forex? We will briefly describe how forex trading activities are carried out by choosing to form different currency pairs. We will discuss how each currency is listed and traded on the foreign exchange market. What is "base currency" and "quote currency"? How is the global foreign exchange market linked? We will also take a look at the reasons why investors choose foreign exchange as an investment vehicle over other transactions, and will detail the advantages and disadvantages of foreign exchange trading itself. The background information introduced in this lesson is also an indispensable basic knowledge when learning more in-depth knowledge of foreign exchange trading in the future.