What is forex and forex trading?

[sininfinity]

So true. By the way, trading is one of the most challenging profession without the social media; there- trading is too easy. Lolz.

By social media, I believe you are indicating to get ideas from other traders. I don't believe in anyone else when it comes to trading. Whether good or bad, I rely on my own judgement.

 

[Grinder]

Forex is the short form of foreign exchange. It involves the trading of two different currencies in the form of a pair. You will get profits depending upon the performance of both the currencies. Forex trading involves various technical aspects which must be understood before investing in it.

 

[Tom Latham]

Forex is the short form of foreign exchange. It involves the trading of two different currencies in the form of a pair. You will get profits depending upon the performance of both the currencies. Forex trading involves various technical aspects which must be understood before investing in it.

Well, having a good trading skill on the fundamental analysis is also important! Basically, traders need a combo trading skill on both (technical & fundamental).

 

[robert.miner]

finally I understand what is meant by the term forex. thank you

 

[Tom Latham]

finally I understand what is meant by the term forex. thank you

Nice to know your experience! Basically, that’s the beauty of Forex forums; till now forum is the main source of Forex learning! So, as a new trader you should spend more time here.

 

[Svetlana Loboda]

That’s the 1st question from any unknown person who 1st time hear the name of Forex! By the way; day by day the popularity of Forex has been increasing very quickly! It’s a good sign for sure!

 

[Fx Master]

consistently any kind of profit ratio can make you risk , it can be 5% only , but the main problem our trading strategies not works for all time, so consistent profit we don't get most of the time also cant risk from trading.

 

[Andrew McCalam]

i always prefer weekly trading target
, monthly target is a long time approach and we cant keep our patience properly.

 

[The trader]

only randomly trading not means casino , to bring profit from casino is also a great skill but we don't support this skill , because its not legal , trading and casino there is no different if we greedy and emotional. so, we have to controlled our bad trading habits by discipline.

 

[Nezami]

It is really important to ensure a credible trading broker for ensuring a healthy trading life with surely because the trading platform can affects the result of our trading. We can choose the broker which is more appropriate to the concept of trading that will be used, if you depend on scalping approach should choose the broker which permits scalping including lowest trading spreads.

 

[Andrew McCalam]

experience is the key to survive in here and demo can be for the reason to acquire more experience if we trade here seriously.

 

[lioneld]

experience is the key to survive in here and demo can be for the reason to acquire more experience if we trade here seriously.

I am against you; but if you spend your time casually then your long time trading experience wont help you! Here; good trading skill is the key!

 

[Gravelwood]

Forex = foreign exchange, if I am not mistaken it's like 5 trillions of USD in exchange to other currencies are constantly exchanging in the world and that's really it. So please understand that. It's a big market but hard to earn anything big and stable.

 

[Lee Mark]

Forex = foreign exchange, if I am not mistaken it's like 5 trillions of USD in exchange to other currencies are constantly exchanging in the world and that's really it. So please understand that. It's a big market but hard to earn anything big and stable.

Yes; the market volume is so high! On the other hand; day by day the range of daily volume increasing gradually! So; the future is bright for sure!

 

[Andrew McCalam]

before some years ago , demo was the first choice for newcomer, but time has changed right now , beginners kick off live trading instead of demo , but result not actually.

 

[Mark Dahl]

It is a good international currency trading market and easy to start.

 

[Alicia Lynch]

Forex Trading Foreign Exchange Currency Market. It is possible to gain a lot of profit if you can gain knowledge in this market.

 

[Kazumu Fukunaga]

Trading is easy only if you have good knowledge, skills and mental capabilities. It's designed in a way so that not everyone can make money. Most people want to make money here with least knowledge and skills.

 

[Gito Dinev]

After the covid-19 lockdown, it becomes more popular. Because everyone is looking for online income.

 

[Alexander Hudson]

Forex is the most profitable business in the world nowadays.