What is FOREX? - page 2
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Forex is highly risky business where we buy one thing and sell other against it. In each trading some ratio of amount is being used in trading from our invested amount. A trader needs to learn the art of risk management . Good practice helped him to know these ways when he makes on demo without using his own money.
Yes, forex is a very high-risk business. We not only need a good trading skills, but we also need to understand the risks of forex. because then, the risk can be minimized. We can use SL on account of our
Forex market is a worldwide business and we can sell and buy currencies in the market. It has many features and advantages and we can make good money in it if we have skills.
forex is foreign currency trading. with forex then we can get a lot of money. forex is a business that has advantages than other businesses. such as without a commission, have high liquidity, capital of the small, highly flexible, etc.
We should learn the advantages and disadvantages side of forex and trading. So that from there we could decide brightly to choose or not, to trade forex as it is associated with positive and negative perceptions.
Forex is a market place for buying and selling currencies. With forex then we can get a lot of money. but before the start of trading then we have much to learn and practice trading on a demo account, so we can trade to earn money
forex means foreign exchange.Its a place where currencies are being traded .The forex market is one of the largest market in the world because of the great need to exchange currency.Its an international market which is open 24hours everyday,and is a place where currency trading is conducted electronically, via computer network between traders around the world.
In simple words,forex trading means buying amounts of foreign currencies and selling them, just as you would shares of stock or some other commodity. You gain a profit by buying a currency at a low value, then selling at a higher value as it grows.
Nice explanation about Forex. Which is more help for newbie.
forex is a business that has a very high risk. With forex we can get a lot of money but with forex can also go bankrupt. so to be rich or Acceptable with forex depends on ourselves how we manage our accounts properly so that we are able to obtain maximum results