Excommunicado
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Forex trading involves buying shares in one currency and selling it in another. For example, £1 = $1.2 (fabricated figures). The dollar or any currency for that concern is always rising or dropping in value, so the next day the dollar may have increased in value, so £1 = $1.5. Forex traders have to predict which currency will increase, invest and then reap the rewards. Of course, it's easier said than done, or we would all be rich. To predict increases/decreases, you have to study the market and the market will not always tell you the truth, so if you invest big, not only can you gain a lot of money, you can also lose a lot of money, which is why forex trading is such a big risk.
Now that you know what forex trading is, if you didn't already, does this interest you? If you already knew what it was, have you tried forex trading or plan on trying forex trading one day?
I've considered it, but it is a risk and I don't have the money to risk at the moment.
Now that you know what forex trading is, if you didn't already, does this interest you? If you already knew what it was, have you tried forex trading or plan on trying forex trading one day?
I've considered it, but it is a risk and I don't have the money to risk at the moment.