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This is a discussion on Forex within the On Topics forums, part of the On Topics category; Well i believe most of you must have heard of FOREX, but do you exactly what it is, Forex is ...

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Old 07-20-2008, 04:57 AM   #1 (permalink)
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Well i believe most of you must have heard of FOREX, but do you exactly what it is, Forex is basically foreign currency exchange, you get the profit by exchanging foreign currencies, In forex at a time you deal with two currencies and the difference between them is called as pips.

If you need more information on forex please do ask, am here to help you out in learning forex :)
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Old 07-20-2008, 11:40 AM   #2 (permalink)
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Nice for such a volunteer topic. But what are the flaws how could be fail in forex marketing? It is always important to know the negative side of what is important to us isn't it?
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Old 07-21-2008, 12:31 AM   #3 (permalink)
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Well every business has its risks so does Forex, its basically investment of ur money, there are 100% chances of profit and loss and the brokers are not responsible for it. Its not gambling, it smart money making. You can multiply your investment in secs if you are well equiped with fundamental and technical knowledge. But if you think you can just earn millions just by guessin then you wont survive long.
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Old 07-21-2008, 09:32 PM   #4 (permalink)
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Quote:
Originally Posted by neo_moon1 View Post
Well every business has its risks so does Forex, its basically investment of ur money, there are 100% chances of profit and loss and the brokers are not responsible for it. Its not gambling, it smart money making. You can multiply your investment in secs if you are well equiped with fundamental and technical knowledge. But if you think you can just earn millions just by guessin then you wont survive long.
I am successfully doing online share trading. But still, I am afraid to do Forex. I suppose both are same in those things that they look like gambling but just a smart and fast money making. Are you doing Forex? How long? How far have you seen profit? How long you faced failures?
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Old 08-13-2008, 03:31 PM   #5 (permalink)
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I'm not even doing stocks yet much less forex, but it's taking off everywhere. Sounds risky but, yes, so is everything else that's business. I think i'll go do some more research on forex now. Thanks
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