What Is Forex?

WHAT IS FOREX ALL ABOUT?

when you first come across the word you were thinking what is forex,does it work,how,is it real?
Here are some Answers to your questions

Forex fully means (Foreign Exchange),It is the Biggest and fastest market,the participant of this market are commercial and central banks,institutional investors,private individual like you and me.

IS FOREX LIKE STOCK?
Forex is a market or a trade you do without physically being,NO FUTURE TRADE there,the forex market MOVES FASTER and TRADE FROM HOME.

Stock Market Forex Currency Market

Trade during working hours only Trade around the clock - 24 hours (Sunday - Friday)

Difficulty in selling certain stocks Easy to buy and sell

Need substantial capital Need little capital

Buy and sell stock Buy and sell currencies - money

Over 40,000 stocks 4 major currencies Remember


IS THERE PROFIT IN FOREX?
Personally YES,Buy low and Sell high,profit comes from the ups and downs (Fluctuation,changes)of the currency exchange market.and does not require physical purchase of currencies pair.

HOW RISKY IS FOREX?
All business is Risky but IN Forex You cannot lose more than your investment YOU ARE STRONGLY ADVISED TO NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE

Remember, there is no stock to hold.

1.You don't need a lot of money.

2.You don't need to talk to or meet anyone and you
certainly don't need to leave your house.

3.You only need to spend a few hours a week trading,
thereby enjoying the rest of your time doing whatever
you wish.

The trading lifestyle allowed me to do this -
something I wouldn't be able to do in a regular job


Hope this little information would be useful?
Don't forget Kindly Drop a Note.

A.M.Musa.