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Forex, or foreign exchange, is a decentralized global market where the world's currencies are traded. While it is possible to make money trading forex, it is not a guaranteed "money factory." Forex trading can be very risky, and many traders lose money.

Success in forex trading requires a lot of knowledge, skill, and experience. Traders need to be able to analyze market trends, understand economic indicators, and manage risk effectively. Without these skills, it is easy to lose money in the forex market.

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The forex market is open 24 hours a day in different parts of the world, from 5 p.m. EST on Sunday until 4 p.m. EST on Friday. The ability of the forex to trade over a 24-hour period is due in part to different international time zones.

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The choice between Forex and day trading really comes down to your trading style. Forex offers a broader range of currency pairs and is open 24/5, while day trading can involve various assets, including stocks and commodities, with a focus on short-term price movements.

Netting the spread is a prevalent practice in the forex retail industry. It allows traders to execute trades without the need for a second party, which sets it apart from many other forms of investment.