Are you familiar with Forex?

@eil_noz (963)
Philippines
June 8, 2010 4:38am CST
I envy some of those I knew who joined in to that site but I can't start joining something which is unfamiliar for me yet so I just wanted to ask how does earning is done in this site?
2 people like this
5 responses
@tomitomi (5441)
• Singapore
8 Jun 10
babypips.com is the online beginner's guide to forex trading. Ref: http://www.babypips.com/school/. Go to the School of Pipsology and you'll find the basics of forex education there from pre-school, kindergarten, middle to high school. Learn as much as you could because the next stage would be putting all you have learned into practice. You could sign up for a demo account with most forex brokers. But let me remind you that forex is not for the faint-hearted. You need real skills and many months, perhaps a year of practical application to make pips, keep them and repeat them. To keep it short a pip is the measurement of your profit or loss.
@eil_noz (963)
• Philippines
9 Jun 10
Thanks tomi2 I will check the link. thanks for sharing it to me.
@few00cent (2143)
• India
8 Jun 10
forex is all about foreign money exchange .forex is simultaneous purchase and sale of the currency or the exchange of one country's currency for the one of another country. The world currencies do not have a fixed exchange rate and are always fluctuating being traded in the currency pairs like Euro/Dollar, Dollar/Yen an others.in sort , you buy the currency and when the rates goes up ..you sell them..I don't do forex as am not much familiar with trading .
1 person likes this
@eil_noz (963)
• Philippines
9 Jun 10
well thanks for sharing your knowledge about this site few!
• Malaysia
9 Jun 10
forex profit - this is my profits in these 3,4 days :)
Hi eil, forex is about trading the currency. For me it's nice but you have to learn about few basic things like candle stick, news and market trend. I did learn about two weeks in some forums like TSD, babypips and fxopen forum.I got my demo account to practice and understand better. Well, lot of practice is required to make you comfortable and find your own way of trading.Join marketiva for $5 free. By the way this is my screen short of my trading these 3,4 days. Hope it will gain your spirit to learn about forex better!
@icecubic (1851)
• Indonesia
8 Jun 10
I have ever joined in marketiva to simulate working in forex trading, but really they will pay us while reached the minimum payout 100$ via check. And it's free to join. But then i just given up work there since it's difficult to maintain my balance everyday, i just got 5$ for 2 months because i can't manage my time there. Happy mylotting.
1 person likes this
@ericpapasit (1276)
• Philippines
8 Jun 10
It is written "Thou shalt not covet thy neighbors good"... Hi eil.. Yes I once stumble to that kind of program but I find it untrustworthy thou, so I advice you to be careful
1 person likes this