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Forex trading

This discussion is about "Forex trading" in the "Business, Finance & Economics Discussions" forums.

  1. #1
    Senior Member
    Join Date
    Apr 2004

    Default Forex trading

    What is Forex?

    If you've ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet (if you're a dude) or purse (if you're a lady) or man purse (if you're a metrosexual) into the currency of the country you are visiting.

    You go up to the counter and notice a screen displaying different exchange rates for different currencies. You find "Japanese yen" and think to yourself, "WOW! My one dollar is worth 100 yen?! And I have ten dollars! I'm going to be rich!!!" (This excitement is quickly killed when you stop by a shop in the airport afterwards to buy a can of soda and, all of a sudden, half your money is gone.)

    When you do this, you've essentially participated in the forex market! You've exchanged one currency for another. Or in forex trading terms, assuming you're an American visiting Japan, you've sold dollars and bought yen.

    Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed. It's these changes in the exchanges rates that allow you to make money in the foreign exchange market.

    The foreign exchange market, which is usually known as "forex" or "FX," is the largest financial market in the world. Compared to the measly $74 billion a day volume of the New York Stock Exchange, the foreign exchange market looks absolutely ginormous with its $4 TRILLION a day trade volume. Forex rocks our socks!

    Why Trade Forex?

    Want to know some reasons why traders love the forex market? Read on to find out what makes it so attractive!

    Lessons in Why Trade Forex?

    Advantages of Forex
    Low transaction costs and high liquidity are just a couple of the advantages of the forex market.

    Forex vs. Stocks
    Nobody likes bullies! Good thing for us, unlike the stock market, there is no one financial institute large enough to corner the forex market!

    Forex vs. Futures
    The futures market trades a puny $30 billion per day. Thirty billion? Peanuts compared to the FOUR TRILLION that is traded daily in the forex market!

    Who are We?
    We are exclusive group of Forex Traders here in manila and the BIGGEST forex School here in Philippines. We are dedicated to providing traders from around the world a true home to learn, interact and progress in a fun and friendly environment.

    We believe there is no substitute for real market experience. We have traded on interbank
    forex desks and we know how to “level” the playing field. Our education will empower you to
    become a successful long term trader and in doing so enrich your life.

    The adage that “Knowledge is Power” certainly holds true in the forex market. Knowing our
    clients are among the most educated and successful retail traders in the world gives us the
    satisfaction that we are providing a quality service from which you can benefit greatly.

    We believe we can train anyone to be successful in the Forex markets. Each time we present
    a workshop we have the added benefit of reinforcing the key principles you need to trade
    successfully, bridging the gap between retail trading and the professional market.

    We use NO fancy indicators, NO Hype, NO conspiracy theories, NO Posturing

    Just Straight Forward Forex Analysis.

    Vision: "To enable every Filipino all over the world to realize their full potential in Forex Trading."

    Mission: "To provide a Forex Trading community where Filipinos can come to find and discover a true home to learn and progress in a fun and educational environment."

  2. #2
    Join Date
    Feb 2018
    Hi I'm John

    I want to introduce you in forex trading philippines and increase your chance of success by learning on our workshop.
    Millions are created every day in the global currency markets, and anyone— even you – can trade here in Forex Philippines profitably, regardless of education level or bank account balance. That’s right, with just a small investment of time and capital you can make money day-trading.
    All you need now is a roadmap for financial success, and that’s where we can help you. Take control of your financial future today by learning currency trading -simply attend a Learn to Trade Workshop to kick-start your journey toward financial freedom.

  3. #3
    Join Date
    Apr 2018
    If you want to forex trading then you need to help from forex broker because it's a very high-risk market. But There is a lot of brokers on Forex, Binary, and others trading platform. If you ask for the best brokers then you will get different types of answers from peoples. But if you know that which things are the main difference between Good brokers then you can easily judge which one is your best.?? And istorya is the best platform to learn these things. But also some common things are there to choose the best broker, these are the Trading platform, Data security, and customer service. Happy trading.

  4. #4
    Join Date
    Aug 2018
    Bankers and big financial institutions are always making huge amounts of money from Forex Trading. This style of forex trading are useful for any members to think like Institutional Traders and not like Retail Traders. Retail Traders tend to use multiple indicators and signal systems to help predict UK forex trading market movements, which is all well and good in theory but forex trading markets do not move based on indicators, forex trading markets move each day based on the Institutional Order Flow.

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