Tweet
DUOMONEY.com 4.8% daily during 100 days
Forex Brokers:
MasterForex.org
eToro
Exness.com
OctaFX.com
Advertise here
+ Reply to Thread
Results 1 to 2 of 2
  1. #1
    Junior Member sarah88 is on a distinguished road
    Join Date
    Aug 2007
    Posts
    2
    Rep Power
    0

    Post Forex Trade,start trading.

    Forex? What is it, anyway?

    The market

    The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars,
    which is 100 times greater than the NASDAQ daily turnover.

    Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries.
    You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.

    How does one profit in Forex?

    Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.

    The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex™ offers
    trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be
    60% on your investment! Such can happen in one business day, or in a few hours, even minutes.

    Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.

    You can implement your choice (the pair of currencies, the volume amount) under any direction to which the market is moving, and yet make profit.
    It does not matter whether the exchange rate is going up or down: you can always decide to buy Euro and sell dollar, or vice versa - buy dollar and sell Euro.
    You don't have to physically possess certain currencies in order to perform "buy" or "sell" with them.
    Want to know more? Want to get on-line training?

    Register here (simple, quick, no obligation),deposit your first trading "margin" amount (credit cards are welcome, only by Easy-Forex™); start trading.
    we'll be glad to guide you, every step of the way.

    Good luck!

  2. #2
    Junior Member forexlady is on a distinguished road
    Join Date
    Dec 2007
    Posts
    28
    Rep Power
    0

    Default

    Quote Originally Posted by sarah88 View Post
    Forex? What is it, anyway?

    The market

    The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars,
    which is 100 times greater than the NASDAQ daily turnover.

    Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries.
    You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.

    How does one profit in Forex?

    Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.

    The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex™ offers
    trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be
    60% on your investment! Such can happen in one business day, or in a few hours, even minutes.

    Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.
    Very well said!

    I think newbies would have an overview and brief introduction with your post..

    Happy trading! :009:

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Advertisement

Advertise here

Sponsors




Special promotion for new clients. Open a trading account and get a guaranteed bonus up to 10% from the first deposit!
 
Free practice account with real time rates. Get up to $1,000 Free Bonus. A VIP account with exclusive benefits. 24/7 support by phone or live chat.
OctaFX.com
Exness