Foreign Exchange (Forex) Trading
July 11th, 2008 | Published in Making Money by Publix | 5 Comments
Foreign exchange (Forex or FX) is the trading of currencies around the world. The Forex market is the largest of the markets around the globe. The figure in the trading done in the Forex market alone amounts to some three trillion dollars a day. Unlike the stock exchange, trade is done on the interbank market, which is technically an OTC market.
Main centers for trading of this kind are in Tokyo, Sydney, London, Frankfurt and New York. Currency trade is the purchase of one particular currency simultaneously with the selling of another. The major currencies that are often traded in an exchange called a "cross" are the following: EURUSD, USDJPY, USDCHF, GBPUSD.
Investors are encouraged to join the foreign exchange because it involves 24 hour trading, it is extremely liquid, it involves no commissions, the investor would have 100:1 leverage and there is still profit potential in falling markets.
Popularity: 8% [?]
August 22nd, 2010at 11:46 am(#)
Hello, I uncovered your blog from twitter and checked out a number of your other articles. Bookmarked this site.
October 1st, 2010at 7:13 pm(#)
i also earn thousands of bucks from Forex trading ~~;
October 2nd, 2010at 7:33 am(#)
Here's a tip you don't hear very often:
- Don't use money you can't afford to lose
October 19th, 2010at 1:36 am(#)
forex trading can earn you a great deal of money if you know how to invest properly:;"
November 8th, 2010at 7:10 pm(#)
there are fluctuations in forex rates these days but Forex Trading seems to be good anyway ..