What at all is forex trading?

[HayKay]

Forex trading is simply the art of buying and selling currencies from across the world. It's real and influenced majorly by banks of the world and other tangible news. If you're skilled there, you'll be able to eke out a daily living.

 

[Ofonime6]

Its true the forex market is all about buying and selling of curremcy and its been carriedout through the help of a broker when you do this you expect to make some money in return.
But firsy thing first you need to have the skills to do both the fundamental and technical analysis

 

[Bigron]

Forex trading is the exchange of currencies through transactions. It also involves the buying and selling of currencies due to rise and fall to generate small profits on it . Forex is influences by fundamental and economic factors. Currencies can be from any country.

Forex trading is a digital transaction that involves the buying and selling of commodities, shares and currencies with the result ending in a profit or loss. It can be quite profitable but is also really risky

 

[Syldan]

Forex I think is a form of digital or a market where investors from different part of the world come together for the exchange of currencies and also to buy shares.

 

[Danny4cash]

Yes, forex involved buying and selling of currencies of different to make profit from the difference between the currencies. In forex trading, we work based on analysis of how the market is and has been doing.

 

[Smiles20]

If you are trading the forex market, then it means that you are treating the volatility of different currencies in the world because a currency can never be stable against another currency.

 

[tray59]

Yes, forex involved buying and selling of currencies of different to make profit from the difference between the currencies. In forex trading, we work based on analysis of how the market is and has been doing.

It's involved the buying and selling of different countries currency and sold it for another to make money in order for you to make money here you need to have both fundamental and technical trading experience

 

[eenya00]

if you plan on venturing into forex trading, you would really need to be so good at it, you would need to learn from the most basic to the advance level of forex trading, before you begin trading.

 

[Syldan]

Actually forex has different definitions depending on how individuals understand how it works and what benefit it gives such person. is a form of digital transactions.

 

[HK World]

But besides being profitable, trading currencies can be risky and complex at the same time. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.

 

[Ofonime6]

Forex trading is one of the best market and business which someone can operate its involve the use of various trading indicator and analys the market know which market that is good for you to trade,
if you dont have enough knowledge you better hire someone to teach you how the business work

 

[tyrim88]

Forex trading is actually the exchange of currency with the currency of another country,the trading is actually base on some form of variation or slite volatility in the currency of a particular country and then you pair and take your margin of profit when you sell in the market.

 

[Prince]

The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

 

[Immilash]

Forex trading deals with buying and selling, you buy when it's low and expect it to move higher, or you sell when it's high and expect it to moves lower, but it's not that easy if you don't have the knowledge.

 

[Genie01]

Forex is the largest market known in history . It has a trading volume of about more than seven trillion dollars per day and this is way too bigger than the largest market in the world.

 

[Syldan]

Actually forex trading is a form of digital investment which involves the buying and selling of currency, exchange of shares among individuals investors and also companies.

 

[Agbalagbaa]

Forex trading deals with buying and selling, you buy when it's low and expect it to move higher, or you sell when it's high and expect it to moves lower, but it's not that easy if you don't have the knowledge.

You have given a good explanation about forex trading, I really appreciate this, I'm also looking for a way to learn how to trade the forex market but I'm finding it difficult.