The Forex The Forex is the abbreviated name for the Foreign Exchange Market. In the United States, there are several branches of the stock market, each with their own name. For instance, some stocks trade on the Dow Jones, others on Nasdaq. Of course, all stock market transactions in the United States take place on the New York Stock Exchange.…
Tag: Foreign Exchange Trading
Forex Trading To Make A Living
People trade make trades every day. Some people trade their services for money, while others trade products like food, toys and other things for money. Other people trade to earn money to live their lives. This is why people work, why people put up businesses and why people trade in the financial market. Today, it’s all about money in order…
5 Important Steps To Follow Trading Forex Online
Forex currency trading online offers a very real and very achievable opportunity for those that will simply follow the proper steps to reach their goal of consistent profits and approach the matter in a sensible manner. There are several components to a trader’s development in becoming the confident trader that produces consistent profits. Just like you, everyone that starts Forex…
What Makes A Successful FOREX Trader?
The Forex market has changed over the years. It has grown in trading volume and has expanded across multiple time zones. Brokerage houses have also changed, moving online with sophisticated software and powerful servers. Economic indicators and technical analysis have become more sophisticated too, until the Forex market of today bears little resemblance to what it used to be. But…
Forex: Investing In Foreign Currencies
For investors looking for an exciting way to invest, Forex/foreign currency investing, definitely delivers! Forex stands for foreign exchange, and it is the world’s largest financial marketplace. Forex/foreign currency investing is different from investing in stocks, at the NYSE or NASDAQ, because Forex trading/investing takes place multiple locations around the world. In fact, most traders are day traders that trade…
The Basics of The Forex Market
FOREX stands for Foreign Exchange and it stems from the international financial market. The Forex market is the place where currencies of different countries from around the world are bought and sold. The Forex market started in the 1970’s and that is when the floating of currencies and free exchange rates began. Like share prices, it is the people who…
The Complete Guide To Forex (9 of 10)
The Basic Trade A share is a holding of a company that varies in value based on the desire or need for that particular company’s goods or services. As a shareholder, your net worth increases and decreases based on taking a short position when values are high and a long position when prices are low. As long as the stock…
The Complete Guide To Forex (7 of 10)
Arbitrage There are some commodities that are traded in multiple currencies on multiple markets on Forex. Although computers have made worldwide communication almost lightning fast these days, all of these markets can trade together with fairly equivalent values for the securities shared across currencies. However, the system is not perfect, and the value may rise or fall in one country…