rony Posted January 9, 2013 Share Posted January 9, 2013 Foreign exchange is the international market for the world's currencies. Participants in this market buy and sell currencies at exchange rates reflective of the relative market value of any two currencies. The foreign exchange market functions both as a practical means of conversion as well as an environment for speculative short-term investment. The abbreviation FOREX is frequently used in connection with currency speculation, which comprises the overwhelming majority of currency trades. This practice, despite the extreme risk, carries nearly unlimited profit potential using such tools as technical analysis, expert analysis and currency derivatives. [/left] Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 9, 2013 Share Posted January 9, 2013 Yeah you have said it all.These are real true forex facts that you have stated inhere.forex is more than exchange of currency.it is atimes the exchange of goods are services that so many countries involve themselves.But we coming online,it is the exchange of currencies. Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 26, 2013 Share Posted January 26, 2013 This kind of article, as posted above here, is too often. There are too many similar articles about Forex trading here. And we see now, Forex is not a new business anymore here. It is already popular, and so many people know about Forex trading, even only in the basic and simple thing. Also with the risk Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 24, 2013 Share Posted February 24, 2013 Forex is a potential market and the possibilities with it are extreme. We can either lose our capital or earn handsomely with it depending upon our knowledge and skills that we acquire through consistent learning and experience. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 25, 2013 Share Posted February 25, 2013 Forex is a potential market and the possibilities with it are extreme. We can either lose our capital or earn handsomely with it depending upon our knowledge and skills that we acquire through consistent learning and experience. in other field also but in forex,it tend to be quicker , you can get profit quicker compare to the other field so that is why i like it, even they provide quicker way for us they also provide quicker way to loss money, that thing is something that people need to know as the fact, since forex is high risk field then it will give us something like that Quote Link to comment Share on other sites More sharing options...
euro Posted September 16, 2013 Share Posted September 16, 2013 Forex is a side gig where you can make profit in a good market or trend. Now, not everyone make profit and most newbie lose their money so its advised that you also open up a demo and then practice until you can make some profit and then start a real account. Since, its easy to lose money, you should trade with a lot of risk management in mind. You should trade with low capital and make a steady profit instead of rushing into a big profit and lose all of your money. So be patience in trading. Quote Link to comment Share on other sites More sharing options...
Alick Bannerman Posted June 4, 2015 Share Posted June 4, 2015 Forex is all about facts and figures, if we want to be successful then we must be very well aware of all ways to work here and if possible then using it wisely for our own benefit, if we do that well then we could get success, but if we are unable to do this then we will never get anywhere near success and worst might not even survive this market. I am not just surviving, but making massive profits here in a really consistent way and that’s because of OctaFX broker, it rises up every time I get into trouble with their conditions which include rebate service, it helps me earn good cash back on every single trade that I do. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 5, 2015 Share Posted June 5, 2015 Yes, it is all about facts and figures, everything controlled by fact and also by psychology of the market itself because the market is composed by a lot of traders from big trading company to small retail traders like us. Making consistent profit isn't easy as i think before, but worthed of your time if you really could do that. As long as you have strong analysis then fact could be processed to be an accurate prediction. Quote Link to comment Share on other sites More sharing options...
Decub Posted June 6, 2015 Share Posted June 6, 2015 I think also, understanding market sentiment is something a lot of people find it difficult to do. Forex is also one of such business where you need to flow with the market sentiment and understand the way it is because it contributes a lot to what makes a trader what he is and takes toll on the skills he has too. Quote Link to comment Share on other sites More sharing options...
myregister Posted June 23, 2015 Share Posted June 23, 2015 I think also, understanding market sentiment is something a lot of people find it difficult to do. Forex is also one of such business where you need to flow with the market sentiment and understand the way it is because it contributes a lot to what makes a trader what he is and takes toll on the skills he has too. Well, that is true the market is all about sentiment depend on what factor that makes those sentiments arose. The other thing which many people confused with is from the way they manage all the risk, how much that they should spend for one trading, or how big SL or TP they should put and etc. Quote Link to comment Share on other sites More sharing options...
Stekin Posted July 17, 2015 Share Posted July 17, 2015 Forex is not understood by many of the new ones who come into it and there are so many who even think of it as a place where they can make some.. quick money within a very short period time.. That is not the way it works. In fact, a lot of patience is needed in other to overcome whatever it is that is thevbad end of trading in the business. Quote Link to comment Share on other sites More sharing options...
myregister Posted September 4, 2015 Share Posted September 4, 2015 I couldn`t agree more dude. Since fx itself offers nice income for someone they surely seduced into this kind of matter. Only with proper knowledge they will relaize that forex is à high risk business. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 14, 2015 Share Posted September 14, 2015 Sooner or later they will realize them but what is the most important part right now is to give them educational support of how to trade well and to see forex in long term means. As long as you still keep doing that people will get more education about it. Quote Link to comment Share on other sites More sharing options...
Gee Dee Posted March 26, 2020 Share Posted March 26, 2020 Foreign exchange market is now the place of opportunities. The daily volume of traded currencies here is over USD 5 trillion. Though market participants are big organizations like bank, corporates etc but it also welcomes normal people to do business here, with almost no investments. Forex is the way of life because, it is none like other businesses or jobs. You do not need huge amount of capital, a place and material goods to do this business. My broker ForexChief only provide premium rewards that are true in their value, all our live account clients are treated the same, we reward each client depending on their time frame they opened their account and loyalty points that are gathered, our rewards consist of multiple promotional schemes such as bonuses, credit in option and insurance on your trading equity, at here your satisfaction is our reward. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 19, 2022 Share Posted May 19, 2022 The main thing you need to understand for yourself is the need for experience to work in this industry. I think this is worth paying attention to. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted May 31, 2022 Share Posted May 31, 2022 On 5/19/2022 at 10:17 PM, Vaabum said: The main thing you need to understand for yourself is the need for experience to work in this industry. I think this is worth paying attention to. We will have to start making the Efforts so that the income could be started for us. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 9, 2022 Share Posted June 9, 2022 On 1/26/2013 at 4:18 PM, luke1 said: This kind of article, as posted above here, is too often. There are too many similar articles about Forex trading here. And we see now, Forex is not a new business anymore here. It is already popular, and so many people know about Forex trading, even only in the basic and simple thing. Also with the risk I think that such articles are quite useful, especially for beginners. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted June 18, 2022 Share Posted June 18, 2022 On 6/9/2022 at 10:04 PM, Vaabum said: I think that such articles are quite useful, especially for beginners. Forex trading needs some planning so that the income we are going to get will get increased. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 21, 2022 Share Posted June 21, 2022 On 6/19/2022 at 12:39 AM, FXOpen Trader said: Forex trading needs some planning so that the income we are going to get will get increased. At the same time, planning the market is not an easy task, at least. Quote Link to comment Share on other sites More sharing options...
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