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Thread: What is forex about?

  1. #1
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    What is forex about?

    Even in this world market, foreign currency exchange traders are receiving the chances to trade with dominant security i.e. currency. Currency is nothing but the monetary standard of a country where forex traders are getting the prospects to buy and sell different currencies so that they can earn good profit from the price fluctuation of various currencies. But naive traders ought to attain satisfactory trading skills at the initial phase of their trading journey.

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  2. #11
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    Quote Originally Posted by Abraham Chrils View Post
    Currency is nothing but the monetary standard of a country where forex traders are getting the prospects to buy and sell different currencies so that they can earn good profit from the price fluctuation of various currencies
    Every country have their currency which is widely acceptable as money , now the world is global village and there are lot of trade based on import and export due to with trade with these developed countries most of investor invest in their country currency , or physically buy them which will effect its total movement , and we also consider that country fundamental and technical level for use because there are lot of virtual trader also trading same currency paper .

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  3. #12
    Trader mexima's Avatar
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    Forex is all about trading and trading if based on trader who buy and sell the particular currency and since Forex is mixture of 2 currency so trader fight for the currency like for example if we eurusd means we are support and Europe and against the USD means against the America . for that Europe get profit and american get loss in their economy.

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  4. #13
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    Quote Originally Posted by Abraham Chrils View Post
    Even in this world market, foreign currency exchange traders are receiving the chances to trade with dominant security i.e. currency. Currency is nothing but the monetary standard of a country where forex traders are getting the prospects to buy and sell different currencies so that they can earn good profit from the price fluctuation of various currencies. But naive traders ought to attain satisfactory trading skills at the initial phase of their trading journey.
    forex is a famous work in which people work from all over the world, you can sit at home and work in any place and do not have to sit in any place in any place, so that the Forex world People are doing all over the world if you have to succeed in Forex, then it is important for you to learn that if you work after learning it, you sit in any place You can earn good money

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  5. #14
    Trader xauyuro's Avatar
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    Quote Originally Posted by Abraham Chrils View Post
    Even in this world market, foreign currency exchange traders are receiving the chances to trade with dominant security i.e. currency. Currency is nothing but the monetary standard of a country where forex traders are getting the prospects to buy and sell different currencies so that they can earn good profit from the price fluctuation of various currencies. But naive traders ought to attain satisfactory trading skills at the initial phase of their trading journey.
    Forex trading is trading currencies from different countries with the aim of making a profit. In this case, forex stands for Foreign Exchange.
    global scope and actors, the forex market becomes very attractive and profitable. Because it is global, the forex market is the biggest market for money circulation (reaching $ 4 trillion per day), and highly liquid (can sell and buy at market prices, regardless of the amount). The forex market is also open 24 hours non-stop, from Monday to Friday. So, we can trade at any time according to our free time

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  6. #15
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    Forex simply means Foreign Exchange which is the buying and selling of currencies and this will continually happen as long as the world is still existing.This makes this business a lasting one with great opportunity for any expert and knowledgeable trader on how to continually make money in the market.

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  7. #16
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    I think forex is exist because economy in the world is plural, when country need to trades, they will be confused because their currencies are different, therefore it needs an equation so that transactions between countries can be done fairly, it then develops into more complex, where the need for a currency for transactions is different from other currencies, creating supply and demand for currencies that cause fluctuations in currency values

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