Term 1 - About Forex
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Training - Term 1: About Forex/About Forex
What Is Forex?
The Foreign Exchange Market (FOREX)
First, the name "FOREX" is an acronym for Foreign Exchange. The Foreign Exchange Market is also referred to as “Forex“, "FX”, “Spot FX”, and just plain old “Spot.”
But what is...
Sunday, 24 May 2009
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Training - Term 1: About Forex/About Forex
Why Choose FOREX?
FOREX is the largest financial market in the world, with a volume of over $4 trillion a day. For proper perspective, the daily volume of the New York Stock Exchange is $25 billion. In fact, the daily trading volume of FOREX is...
Monday, 22 June 2009
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Training - Term 1: About Forex/About Forex
How Forex Works
In the Foreign Exchange Market (FOREX) you buy one currency while simultaneously selling another currency. That is why currency exchange rates are always quoted in pairs. For example: GBP/USD (British pounds/U.S. dollars).
When...
Friday, 26 June 2009
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Training - Term 1: About Forex/About Forex
Can I Make Money In Forex?
The answer is: It depends on you — your knowledge, skills, emotional makeup, degree of self-discipline, and other factors. Many people make money in Forex and many lose money in Forex. So, again, it depends on you....
Monday, 07 September 2009
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