how does forex works?

October 16, 2008 7:28am CST
One of my friend invite me to join Forex. But i don't know about it. How does it works. or it is scam. Do you join at forex? Can you explain about forex?
1 person likes this
2 responses
@argie713 (1809)
• Philippines
16 Oct 08
Forex is typically buy and sell. You buy a currency for a cheaper price and sell it afterward when the price increases. This can be quite complicated and requires much timing. Currencies rise and drop throughout the day. You need to know when the currency will hit low and when will it hit high. That all I know about forex. I hope many experts would clarify this.
1 person likes this
• Bangladesh
16 Oct 08
Thanks. it seems to me very complicated. Thanks any way.
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@vampoet (825)
• Singapore
27 Nov 08
Hi afmshajib, Forex is pretty daunting for beginners. Go to to learn more about forex. I have a simple system I use to make money off of forex trading. I update all my activity on my blog. You might want to consider following my blog and see for yourself my success/failure and see if forex trading is for you.