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| Discuss Some Basics For Beginners! at the Beginners Guide within the Traderji.com - Discussion forum for Stocks Commodities & Forex; WHAT IS FOREX? WHAT DOES IT MEAN? The market The currency trading (FOREX) market is ... |
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#1
2nd May 2008, 12:05 PM
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Some Basics For Beginners!
WHAT IS FOREX? WHAT DOES IT MEAN?
The market The currency trading (FOREX) market is one of the biggest and fastest growing market on earth, with its daily turnover more than 2.5 trillion dollars. The participants in this market are banks, organizations, investors and private individuals, just like you. The goods (merchandise) Markets are places to trade goods, and FOREX is the same. The Forex goods are the currencies of various countries. You buy Euro, paying with Australian dollars, or you sell British pound for Canadian dollars. That's all. How can I profit in Forex? Obviously, buy cheap and sell for more! The profit potential comes 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! How risky is Forex trading? You cannot lose more than your "margin" (your initial investment)! You may profit unlimited amounts, but you never lose more than what you initially risked. However, risk only what you can afford to lose and it is not vital for you or for your family. How do I monitor my Forex trading? Online, no mather where you are, anytime. You have full control to monitor status, check scenarios, change some terms in the deal, or close the deal. Want to know more? Are you beginner and you need an on-line training? Register here (quick, without obligation), we'll be glad to guide you, every step of the way and provide you any learning material. 
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#2
3rd May 2008, 12:30 PM
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Re: Some Basics For Beginners!
I would like to know more about forex trading like brokerage etc. and tutorials.
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#3
3rd May 2008, 10:23 PM
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Re: Some Basics For Beginners!
use google to locate all sorts of info,
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#5
5th May 2008, 10:40 PM
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Re: Some Basics For Beginners!
Hi!
I am a new member of this community and also I am a beginner in trading. I am interested in forex trading on-line and I am serious about it. I would like to receive all information, guidance, learning material and make a success of my trading. upendra m.
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