Question for the pros!

Philippines
November 11, 2007 8:24am CST
Ok I apologize if this will sound stupid .. but what is Forex? I mean what does it do and how will you earn from it? I've been gettingg invites but since I know nothing about it, I didn't sign up at any yet .. any help is appreciated thanks!
1 person likes this
2 responses
ikinta
@ikinta (1236)
• Indonesia
11 Nov 07
You invest your money in one currency. If the currency strengthen you will get profit vice versa. Practice will help you understand better. You can try demo trade with virtual money. In marketiva you even get $5 for signing up. Or visit my blog for some resources http://minyu2fx.blogspot.com
impaktita
@impaktita (965)
• Philippines
11 Nov 07
thanks so much for taking the time to explain things to me! I am on my way to visiting your blogsite now!
untara
@untara (80)
• Indonesia
12 Nov 07
assume that you are new on this 'forex' area .. so do not believe on any 'easy profit' claim out there .. Forex is a high risk business ... you can profit but you can also experience a terible loss! what to do? 1. do not jump blindly take your time to learn ... visit www.fxrepublic.com (my site), there are a lot of resources to learn. 2. do not trade with your real money .. try demo account first --- there are so many respectable sites out there to learn .. here my recommendation ... babypips.com, investopedia.com (use keywords 'forex' on their search facility) --- I am here to help if you wish .. FREE and with no referral link like others do ...