I see a lot of ads for Forex trading here and there, but I’ve never really known what it is. It’s clearly a hot topic on the web, and many blogs seem to be discussing various tips and techniques. But I still didn’t know what the hell ‘Forex’ meant.
Then I got an email from Investopedia titled: “Forex Training“.
Hmmm… I thought, this might give me a clue. But then again, maybe not. When I followed the link, this is what I got:
So, I did a little more digging, and eventually found this:
Then I got an email from Investopedia titled: “Forex Training“.
Hmmm… I thought, this might give me a clue. But then again, maybe not. When I followed the link, this is what I got:
“What Does Forex Training Mean?Wow! That seems more like a definition of training as it applies to Forex trading, but what is Forex Trading?
A form of instruction or mentorship that provides information on forex trading tactics, methods and successful practices. Forex training acts as a guide for the retail forex trader, providing insight into successful strategies, signals and systems as well as other general information on Forex trading.”
So, I did a little more digging, and eventually found this:
“What Does Forex – FX Mean?It all makes sense to me now. It’s a bet on whether a given currency’s value will rise or fall. This is what George Soros made his billions in. I just don’t understand how it can be such a common term, and yet so narrow in its understanding. I guess if you don’t know what Forex means, you don’t need to know?
The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.”
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