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Forex Trading Introduction For Indian Girls Posted: 08 Jul 2011 12:45 AM PDT Tweet Only few Indian and Pakistani girls know about Forex Trading , therefore this is a unique information, sent by our regular reader, Radha from India. Forex Trading is trading currencies from seprate countries in oppostion to each other. Forex is acronym of Foreign Exchange. The investor’s goal in forex trading is to profit from foreign currency movements. We can understand it as, in Europe the currency in circulation is called the Euro (EUR) and in the United States the currency in circulation is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going long on the EUR/USD. While forex trading used to be carried out exclusively between government central banks and commercial and investment banks, trading forex has become more and more reachable to private investors and it is because of personal computer and Internet. Private and personal investors can trade in forex directly or indirectly through: The spot market Forwards and futures Options Contracts for difference Spread betting It is estimated that anywhere from 70% to 90% of the forex market is connective. In other words, the person or organizations that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that relating currency. More Details about Forex Trading: Every reader of our online girls magazine can share the information to girls and boys both through comments. If someone is doing the job of forex trading, can give the training and also sent the information through our send us form. |
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