What is FOREX trading?

Discussion in 'General Chat' started by nikes, Dec 31, 2009.

  1. #1
    Now a days I see lot of advertisements for FOREX trading. Please any one telmy actually what is FOREX
     
    nikes, Dec 31, 2009 IP
  2. DocuMaker

    DocuMaker Active Member

    Messages:
    427
    Likes Received:
    16
    Best Answers:
    0
    Trophy Points:
    60
    #2
    You know what currency exchanges are? Forex trading lets you exchange currencies supposedly at a time when the exchange rate is high so you earn a little on an investment.
     
    DocuMaker, Dec 31, 2009 IP
  3. Stroh

    Stroh Notable Member

    Messages:
    3,482
    Likes Received:
    292
    Best Answers:
    0
    Trophy Points:
    200
    #3
    It's short for Foreign Exchange. It's a trading game between all of the world's currencies (ex GBP for USD or EUR for example)
     
    Stroh, Dec 31, 2009 IP
  4. Abhik

    Abhik ..:: The ONE ::..

    Messages:
    11,337
    Likes Received:
    606
    Best Answers:
    0
    Trophy Points:
    410
    Digital Goods:
    2
    #4
    FOREX stands for Foreign Exchange.
    Those who deal and trade by exchanging currency are Forex Trader.
     
    Abhik, Dec 31, 2009 IP
  5. nikes

    nikes Peon

    Messages:
    48
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Thanks for All giving me the answer
     
    nikes, Dec 31, 2009 IP
  6. kaizenout

    kaizenout Peon

    Messages:
    65
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #6
    any website? that gives full info for forex trading?
     
    kaizenout, Dec 31, 2009 IP
  7. RightMan

    RightMan Notable Member

    Messages:
    8,294
    Likes Received:
    450
    Best Answers:
    0
    Trophy Points:
    205
    #7
    If you intend to trade forex, it would be worthwhile to employ the services of a dealer in your area but if you are just trying to know the basics of it, just google it and you will have loads of sites giving you information on the same! :)

    Regards,

    RightMan
     
    RightMan, Jan 1, 2010 IP
  8. bodzila

    bodzila Peon

    Messages:
    517
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #8
    I have just started writing about forex trading on my blog.. if u wish u can just have visit.. but i have just started..

    2nd link in my sig
     
    bodzila, Jan 1, 2010 IP
  9. Gtoo

    Gtoo Banned

    Messages:
    677
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    108
    #9
    Forex means foreign exchange where currencies are being traded are called forex market. it is risky business purely dependent upon the political aspect of the country
    if you are new you should avoid.:)
     
    Gtoo, Jan 1, 2010 IP
  10. Avatar Viper

    Avatar Viper Well-Known Member

    Messages:
    1,098
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    128
    #10
    it is a place where u can loss all your money
     
    Avatar Viper, Jan 1, 2010 IP
  11. richardgen

    richardgen Peon

    Messages:
    93
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #11
    It is good some website do provide you an demo application in real time market. You may play it as testing and practice.
     
    richardgen, Jan 1, 2010 IP
  12. digital_joe

    digital_joe Peon

    Messages:
    87
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #12
    Forex trading can be defined as few rich bastards scaming millions of innocent people and putting there hard earned savings into own pockets.
     
    digital_joe, Jan 1, 2010 IP
  13. newbie191

    newbie191 Notable Member

    Messages:
    1,961
    Likes Received:
    100
    Best Answers:
    1
    Trophy Points:
    260
    #13
    I think it is a combination of foreign exchange.
    When you buy and sell currencies of other countries and make profit it will be called Forex trading.
     
    newbie191, Jan 1, 2010 IP
  14. foxfugitive

    foxfugitive Peon

    Messages:
    30
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #14
    how can you earn in forex?
     
    foxfugitive, Jan 5, 2010 IP
  15. guru16

    guru16 Well-Known Member

    Messages:
    1,833
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    130
    #15
    by learning on a demo account first :rolleyes:
     
    guru16, Jan 5, 2010 IP
  16. Project Mobius

    Project Mobius Peon

    Messages:
    10,524
    Likes Received:
    170
    Best Answers:
    0
    Trophy Points:
    0
    #16
    Project Mobius, Jan 5, 2010 IP
  17. nick2007

    nick2007 Well-Known Member

    Messages:
    1,546
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    128
    #17
    Forex is a place where 5% of people make good money and 95% of people lose money.
     
    nick2007, Jan 5, 2010 IP
  18. Dr. Carey Nathan

    Dr. Carey Nathan Guest

    Messages:
    173
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    25
    #18
    Trading stocks internationally I believe.
     
    Dr. Carey Nathan, Jan 5, 2010 IP
  19. caryfx

    caryfx Member

    Messages:
    15
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    36
    #19
    It's a trading game between all of the world's currencies
     
    caryfx, Jan 6, 2010 IP
  20. simoneaton

    simoneaton Active Member

    Messages:
    180
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    61
    #20
    simoneaton, Jan 6, 2010 IP