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Full meaning of FOREX


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  • 1 month later...

Forex trading is an activity to Buy or Sell currencies constantly and consistently for profit.

Can also be interpreted that forex trading is essentially the currency exchange activities with each other continuously for profit.

Unlike stock trading only benefit if we buy the stock price goes up, the forex trading we can benefit from two directions, either up or down the price

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  • 2 months later...

Forex trading is an activity to Buy or Sell currencies constantly and consistently for profit.

Can also be interpreted that forex trading is essentially the currency exchange activities with each other continuously for profit.

Unlike stock trading only benefit if we buy the stock price goes up, the forex trading we can benefit from two directions, either up or down the price

The meaning about Forex above is correct and not wrong. But if we want to know more about forex, we better spend like 2 or 3 days searching on Google, and reading all the link given by Google here. Then we will understand not only forex, but also how to trade on forex here

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Everyone has a definition of forex but in the simplest form forex is all about the conversion of one currency into another currency with all major aim is to make profits upon the trade outcome which is mostly carried out through a forex broker which handles transactions between both parties. Well Im a bit concerned that aside currency trading, is there any other goods to be traded on forex like gold?

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Forex is nothing but Foreign Exchange and that is nothing but exchanging one currency with another currency and it works like this- you will be buying one currency which you will think they have a good demand in future and after some days or time the value of the currency is more then you will sell your currency for entire profit and this is nothing but you are in profit .

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If we want to know forex and forex trading, it is different. As additional here, in forex trading platform, now it grows not only to trade about forex here. But also we can trade the price of many commodities from gold, silver,oil, even like non metal commodities here. The sysytem is similiar

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  • 5 weeks later...
  • 2 months later...

Meaning of Forex means buy and sell currency. In forex business you buy currency and sell them, it is word wide trading business, where different kinds of currency were trading daily. You have to study the market for different currency. You buy some currency and when the same currency increase at that time you sell that then their will be profit.

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forex trading is currency trading. trader get profit from differences between price of buy and sell of a currency. trader can get profit everyday because the currency price is always move up and down. nowadays, currency trading available online and we can get easy update of price movement. the advantage of currency trading online is trader can trade and get profit in 2 different ways. from buy to sell or sell to buy. while in traditional currency trading, trader get profit from one ways only. from buy to sell.

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  • 1 month later...
  • 3 months later...

Forex is the trading of foreign currency. Its trading 24 hours a day. Anyone who can open an account with a broker can trade and they do ask for verified identity. Now, forex trading is very risky and you can lose a lot of money and newbie is not guarantee to make a profit right away so proceed with caution and use low capital to trade and low leverage to avoid losing all of your money and also use stop loss to prevent all loss. You can't control the market but you can control your losses. 

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well, forex is currency trading where trader make profit from buy and sell price differences. forex is profitable business where trader have opportunity to make high income. however, because forex risky also, trader should have good knowledge and experience before they are start to become profitable and generate consistent profits.

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  • 4 months later...

Forex is just an abbreviation for Forex exchange which I think had already explained itself to mean the trading of foreign currencies. It is a business where the traders trade in different currencies in a buy and sell format and with a bid to make some profits from their trades.

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  • 2 weeks later...
  • 2 weeks later...

A newbie understanding the basics and the foundation of Forex is quite essential as it helps him a lot to manage the business well in future. There are little things we tend to find in the basics which we think is almost useless in the learning process of trading but we later discover that it forms an integral part of it.

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  • 3 weeks later...

The full meaning of forex is foreign exchange. The thing that is important is for the trader to be able to understand how to trade and not the full meaning because trading in the forex market needs the trader to be able to know how to trade very well. This thing is the most important thing for him or her to do.

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  • 2 weeks later...

Forex trading is nothing but foreign exchange market which allow us to learn and get good profit from here it make us to see good result and get what is good as well.

Forex trading give us what we want in as much as we are ready to take advantages of training and knowledge aquisition

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  • 2 weeks later...

Sometimes, it doesn't really lie much about understanding the full meaning of Forex or something but understanding the principles of Forex. Forex is not just about a business that you can learn just the theories and the profit keeps flowing in but also the practical part of it. It is when the trader knows how to trade that he can defend himself by virtue of earning.

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That is true in forex you dont just need to learn the theory but you have to learn the practical aspect of it to be on the safer side as well forex trading is not really a bad business is a good business which anybody should do at anytime so a trader primary goels is for him to learn very well

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