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Marty Schwartz, a prosperous trader with an estimated net worth of $1.5 billion, is renowned for his trading strategies and ability to yield consistent returns over extended periods. Schwartz's expertise spans swing trading, day trading, and trend following. He began his career as a financial advisor in the early 1980s before transitioning to trading and subsequently founding his hedge fund, Market, in the 1990s.

Schwartz successfully managed the fund, generating returns exceeding 20% for several years. Through trading, he transformed a $100,000 portfolio into $2 million in a mere two years. Schwartz emphasizes the crucial role of discipline and patience in trading. He underscores the importance of having a trading plan, a passion for trading, and a drive for success.

FX trading market is a market that operates constantly without any breaks across the world. Though the high-operating banks and institutional firms hold the major control over the forex trading market as intermediaries for the respective clients yet, nowadays, the market stands more open to all kinds of retail traders and even investors.

Simply put, forex trading primarily involves the exchange of one currency for another. It consists of the purchase and sale of currency pairs, like EUR/USD, JPY/GBP, etc. In order to earn a profit, an individual would have to sell one currency anticipating it would decrease relative to the currency he/she intends to purchase, which is expected to increase.

Forex trading means trading in foreign currency, often referred to as the foreign exchange. For instance, when one travels abroad, a forex transaction is made to convert currencies. Similarly, foreign exchange traders trade currencies on foreign exchange to gain profit.