Does anyone here have interest tin forex investment?
By liming
@liming (114)
China
February 26, 2007 6:58am CST
the exchage between Euro to US$, or US$ to Japanese Yen etc.
Sometimes use leverage to increase income and undertake more risk at the same time.
If you are interested in such topic, we can have a discussion.
2 responses
@samson1967 (7414)
• India
26 Feb 07
I am actively involved (employee) in foreign trade since past 15 years. I am also signed up a forward contract with my company's banker for 1 million USD. on behalf of my Company. Are you in to foreign trade or just dealing with foreign currency.
@liming (114)
• China
27 Feb 07
Just dealing with foreign currency. Foreign trade normally means sending products to another country and receiving money back.
Is your future contract a speculation? I think you mean that the bank will give your company certain amount of foreign currency some months later according to a fixed price.
@fxfriski (209)
• Singapore
1 Mar 07
Welcome to the Market... according to statistic, it will take 6 months to get the hang of it, 2 years to understand what it really is. And many years to come to really excel in it. Most will quite in 3 months.
It has a very steep learning curve... indeed.
If you want to move faster, go get some decent education and a coach/mentor.
P.S. Liming, do you have any chinese books on Forex to recommend? I know FMForex is selling a manual but it seems very expensive for basics.
