Please tell me a little about the differences, if they are different. thanks.
2006-08-12 12:36:14 · 12 answers · asked by The Great Sphinx 2 in Business & Finance ➔ Investing
The general meaning is the same. Forex trading means foreign exchange trading, which trade in and out of a cash market in foreign currencies made by large banks. This is pretty much the same as currency trading, except the fact that forex offerings investors more purchase options, like forward, futures, and options. Currency trading only involving buying and selling currency, and involves no hedging products
2006-08-12 14:51:07 · answer #1 · answered by Eligible Alien 1 · 0⤊ 0⤋
Through a simple google search you will find a lot of GREAT websites and a lot more BAD ones. There are more hype mongers in Forex than most any other industry that can cost you a lot of money. Here are some tips: 1) A good way to find out which are the good sites is to go to a Forex Traders forum and read the threads about different services. The most popular is probably forexfactory but there are many more. 2) Another way is to read through a variety of Forex review forums. However, take EVERYTHING you read with a grain of salt. Most review forums also own other websites and will have biases. Also, competitors will post bad threads about their competition. 3) The best way is to find a mentor. Someone who actually trades the market and has experience with the many sites out there. Good luck!
2016-03-26 23:29:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
currencies can be traded in the futures market too, which is different from forex. Other than that, yes it's the same thing.
2006-08-12 13:43:40 · answer #3 · answered by billysimas 3 · 1⤊ 0⤋
They are the same thing. Forex is the short for Foreign Exchange, the exchange rate of one currency to another. Check out more info at http://www.geocities.com/lcming/ForexForex .
2006-08-19 04:32:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 13:22:40 · answer #5 · answered by NAPPI 3 · 0⤊ 0⤋
yes, forex stands for foreign exchange, and this is exactly the same as currencies :)
2006-08-19 01:40:17 · answer #6 · answered by BT!! 2 · 0⤊ 0⤋
Forex stands for foreign exchange; they are the same.
2006-08-12 13:14:18 · answer #7 · answered by Michael K 6 · 1⤊ 0⤋
Slightly used forex for sale...
prefer us dollars low denominations non-sequential serial numbers
2006-08-19 13:55:24 · answer #8 · answered by uncledad 3 · 0⤊ 0⤋
It's the same thing.
2006-08-12 14:46:32 · answer #9 · answered by NC 7 · 0⤊ 0⤋
it is the same... there r no differences in the 2 of them, they'r the same
2006-08-19 18:12:16 · answer #10 · answered by stratovious 1 · 0⤊ 0⤋