Create a free account
Join Calaméo to publish and share documents with the world!
Rate and comment your favorite publications, download documents and share your readings with your friends.
Currency Trading: An Introduction to Forex
3 pages
Published by
Alberto Martinez Martinez
Currency Trading: An Introduction to Forex
By Albert Miller
Simply put, Forex is the business of buying and selling
money.
Within your local area you can see how prevalent
this business has become.
From the malls, the streets, and...
[More]
Currency Trading: An Introduction to Forex
By Albert Miller
Simply put, Forex is the business of buying and selling
money.
Within your local area you can see how prevalent
this business has become.
From the malls, the streets, and
around the commercial district areas, you can find these
small booths that carry the label: Foreign Exchange.
In places that never
sleep such as the casinos and other entertainment hubs, foreign exchange
trading can also be found.
Currency trading and Forex are two terms that mean the same thing and
involve similar practices, which are the buying and selling of their main
product: money.
They are both over-the-counter markets that are trading
money.
Hence, they may fairly be used interchangeably.
WHAT IS FOREX?
Forex means Foreign Exchange and it is also known as FX.
In Forex trading,
you are buying one kind of currency while selling another kind at the same
time.
This means that you are exchanging your money for the one that you
are purchasing.
The
[Less]
Tags
business,
buying,
currencies,
currency,
dollar,
exchange,
financial,
foreign,
forex,
introduction,
kind,
market,
money,
selling,
time,
trading,
world
