What is forex and forex trading?

[Kevin Vogt]

Trading depends on plan and patience. But there are more important thing. Knowledge and skills are the most important. Then come how well you can manage your trading emotions. People lose money due to lack of knowledge and emotional decision. Trading is combination of all these things.

 

[Cooper Truebridge]

Forex trading is a foreign currency exchange. Where many traders invest. The Forex market is governed by supply and demand.

 

[Fx Master]

Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.

 

[Eduardo Lucchese]

Forex is the best place to make money with your brain and skills.

 

[Kevin Vogt]

Small investment is not a problem when you are new. You need big investment when you are skilled enough. If you focus on making money from the beginning, it will take years to learn the trading. First one year treat yourself as an intern. Money you will use this time to experiment different different trading strategies. Once you know what works for you, you may need bigger investment.

 

[samrex]

For the trading of currencies, the foreign exchange market is a global decentralized or over-the-counter market. Every currency's foreign exchange rate is determined by this market. All aspects of buying, selling, and exchanging currencies at current or determined prices are included.

 

[Benjamin Bryne]

The forex market is a market for exchanging foreign currencies. It is possible to make a lot of money here. If there is a proper plan and discipline.

 

[Oscar Shumack]

Forex is the best place to make money with your knowledge and skills.

 

[David Marco]

Forex is the most profitable business in this world.

 

[Suzzaine89]

To keep it short, forex is simply foreign exchange - a system where you can trade one currency against with another to make profits or losses.

 

[Karley Walker]

Forex Trading Currency Exchange Market. You can make a lot of profit by trading from this market.

 

[javierclayton]

@FXOpen you have rightly put this in words. Everyone has their own strategies. There is no one-size fits all approach in forex trading.