what is the forex?

Egypt
January 21, 2007 10:53pm CST
hiiiii guyz i wanna open now discussion about forex any body here know any thing about this forex write here plz good luck
2 responses
@DrPipper (11)
• United States
22 Jan 07
hi hrapmusic. I've been trading forex for almost a year in demo and live. It's interesting but can be taxing :-) check out www.babypips.com for all the basics and then check out some of the online forums for more specific info. BTW alot of new traders but 'systems' on ebay etc. I recommend against that. sometimes my curiosity gets the best of me and I buy one, and it's almost always been more money and less quality system than you can find for free on forums. Good luck :-) Seavog
@pmcdee (271)
22 Jan 07
Forex is basically the market concerned with foreign exchanges. You trade on whether you think an economy and therefore its exchange rate is going to improve or not. There are so many sites out there which are itching to help you and its something that im looking into and trying to learn. The key thing here is to really learn the ropes before you make any real trades. Most of the trading platforms have demo accounts so you can 'play' with virtual money before diving in with your hard earnt myLot cash lol.