Thu 16 Jun, 2016 12:48 pm
Quote:
I want to get started with forex trading, but I do not know how to get started. I would greatly appreciate any input on this topic.
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Type: Question • Score: 6 • Views: 581 • Replies: 3
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Region Philbis
 
  1  
Thu 16 Jun, 2016 12:57 pm
@ElayneCastro,

did you try googling it?
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Ragman
 
  1  
Thu 16 Jun, 2016 01:48 pm
@ElayneCastro,
https://en.wikipedia.org/wiki/Foreign_exchange_market
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lanetteli
 
  -1  
Fri 17 Jun, 2016 11:32 am
@ElayneCastro,
Forex trading as it relates to retail traders is the speculation on the price of one currency against another. For example, if you think the euro is going to rise against the U.S. dollar, you can buy the EURUSD currency pair low and then sell it at a higher price to make a profit. Of course, if you buy the euro against the dollar, and the U.S. dollar strengthens, you will then be in a losing position. So, it’s important to be aware of the risk involved in trading Forex, and not only the reward.
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