Posted by Mumsie FX on Nov 2nd, 2010 | 3 comments
How to Earn Money in Forex Trading
Lots of Money (Image Credit: KimDioninc from flickr.com)
Got stuck in the Pre-School of BabyPips’s School of Pipsology… But it’s not the school’s fault. The blame is on Mumsie FX. How the heck does a middle-aged woman figure out the moneymaking secrets of Forex? Aside from reading all available materials that everybody can find on the Internet, that is....
Posted by Mumsie FX on Mar 13th, 2010 | 20 comments
Forex is the world’s largest financial market, having a volume in trades of more than 4 trillion dollars daily. Wow! The New York Stock Exchange has 25 billion dollars only a day. Forex is almost 160 times bigger! Even with the stocks and futures markets combined amount, Forex is still 3 times bigger. Wow-wow!
Forex trading involves money, nothing more. Oh, and a speedy computer with fast...
Posted by Yelokab Pipza on Mar 11th, 2010 | 10 comments
What is Traded in Forex?
US Dollar by dungvinacosh from flickr.com
Money is what traders trade in forex. Money is currency. One buys and another sells at the same time in forex; thus, currencies are traded in pairs. All trades in forex require the simultaneous buying one currency and selling another currency—but the pair is considered as one single unit that is used to perform forex...
Posted by Forex Mistress on Mar 3rd, 2010 | 1 comment
Define Forex
Foreign exchange market (a.k.a. forex, FX, or currency market) is a decentralized financial market for currency trading. Forex bustles with global activity from sunrise to sunset, except during weekends. To be exact, forex trading starts from 20:15 (UTC) Sunday to 22:00 (UTC) Friday. The forex market is the largest financial market in the world, with a daily turnover of about 3...