What is forex trading? - Education - Nairaland
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| What is forex trading? by realGURU(m): 2:08pm On Nov 12, 2014 |
What Is Forex Trading What is forex trading? The term forex stands for foreign exchange, forex is the trading in currency, it is the exchange of currency for another currency, and forex involve the buying of a currency while at the same time selling another currency. People buy and sell currency because of the different part of the world we live, therefore currency values get appreciation and depression at the same time due to different factors ranges from economical to geopolitical reasons. It is from this trend that forex traders make their money. Forex market has no physical market or location like capital market (the stock exchange) or financial market (the banks), it is traded online and 24 from Sunday night to Friday night through a global network of businesses. Currency prices are constantly changing, increasing and decreasing against each other and this makes the market interesting to traders. Forex market trade for 24h continue reading |
| Re: What is forex trading? by chibyksveejay(m): 2:37pm On Nov 12, 2014 |
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