What is Forex? and what is currency trading benefits?
By isloooboy
@isloooboy (1733)
United Arab Emirates
November 16, 2011 12:10am CST
My Friend from Canada Andy Morison who is a very good Forex and currency trader asked me to join him in this online business. He tried to teach me what it is all about but maybe I am not getting what he is saying or He is not able to elaborate it in easy manners. So I decided to under it with the help of Mylot family, please guide me in this area by sharing your knowledge regarding the subject. Thanks in advance
4 responses
@ravisivan (14079)
• India
16 Nov 11
Hello islooboy ! how are you? Not seeing for a long long long time. I am back to chennai.
I am giving a link:
http://currencytradingbasics.org/
Foreign exchange means changing our currency into us $ or euro. for example now 1$ -Rs.50+ .
If you go through that link you will get an idea. Also you can purchase books on foreign exchange.
1 person likes this
@isloooboy (1733)
• United Arab Emirates
17 Nov 11
Yeah I was out of touch with mylot family for a while and that is why I was not active but I know one thing which is, "I can Get Satisfying Answers only on Mylot" so naturally I have to come back no matter wherever I go or whatever attract me for a short period. How is Chennai? and how is the days in Chennai? I am hopeful you must be happy in your own peoples.
Thanks for sharing such a good link I have learn a lot and its continue....
@ravisivan (14079)
• India
17 Nov 11
Yes. You can get convincing answers from mylot friends. Chennai is our place and true we are more at home here than in usa. of course we miss our children. We cannot have the cake and also eat it. same way our children being away is only for their good.
Please go through the links given for forex trading.
@chaijudin (506)
• Indonesia
16 Nov 11
forex is gambling that legal by law
not all fix to forex
1 person likes this
@isloooboy (1733)
• United Arab Emirates
17 Nov 11
Gambling....? you mean its a blind game where your strategies and plans will not work according to logic?
@SQD444 (677)
• India
17 Nov 11
Hi there..
actually forex trading is nothing but simply trading the ratios of prices of currencies onf one country to another... simpler explanation would be buying one country's currency with another inorder to make use of the price fluctuation to make profit
@leon923940426 (480)
•
16 Nov 11
Firstly ,what do you realy want to know ,I will try to explain you that .tell me the details
1 person likes this
@isloooboy (1733)
• United Arab Emirates
16 Nov 11
Ok, Please tell me what is Forex? will you elaborate it a little bit? Second how to trade and what is the basics of successful trading?
