Point To Remember:
1. Forex is like a Game. It must be FUN and it has a RULES. Break the rules and it will break you.
2. Do not Trade Forex with your SAVING MONEY. Trade with money you can afford to loose.
1. Forex is like a Game. It must be FUN and it has a RULES. Break the rules and it will break you.
2. Do not Trade Forex with your SAVING MONEY. Trade with money you can afford to loose.
What is Forex?
Definition: by Investopedia.com
The exchange of one currency for another, or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "forex" and occasionally as "FX." Explanation: by babypips.com
If you've ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet (if you're a dude) or purse (if you're a lady) or man purse (if you're a metrosexual) into the currency of the country you are visiting. You go up to the counter and notice a screen displaying different exchange rates for different currencies. You find "Japanese yen" and think to yourself. . . Read More |
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