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anyone know what forex trading is?

  • 29-07-2009 10:11pm
    #1
    curious guy
    Registered Users, Registered Users 2 Posts: 233 ✭✭


    anyone know what forex trading is? and have any experience with it?


Comments

  • #2
    Tipsy Mac
    Closed Accounts Posts: 2,559 ✭✭✭Tipsy Mac


    Here's a start


  • #3
    ixus
    Registered Users, Registered Users 2 Posts: 2,435 ✭✭✭ixus


    It's currency trading incase that link isn't working. ;)


  • #4
    curious guy
    Registered Users, Registered Users 2 Posts: 233 ✭✭curious guy


    haha yeah i already done that but cant trust websites was hoping someone might of real life experience with it


  • #5
    logane
    Closed Accounts Posts: 5 ✭logane


    try and open a free simulator account online and play around with it

    something like: http://www.deltaindex.com/xdealsimulator/ (Irish) or http://www.ac-markets.com/trading-software/advanced-trader.aspx (Switz)

    It is a free way to get some experience without costing you money


  • #6
    patbrady877
    Closed Accounts Posts: 46 ✭patbrady877


    yep - its FX trading - buying and selling currencies. Its risky - you could make a fortune or loose the lot in a short space of time. If your only getting involved in trading now - stay away for the moment. A lot of the buying and selling is done on the back of tech analysis - something that could take years to to get right .


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  • #7
    Pal
    Closed Accounts Posts: 4,115 ✭✭✭Pal


    curious guy wrote: »
    haha yeah i already done that but cant trust websites was hoping someone might of real life experience with it

    I traded professionally for over 20 years.

    My advice to you is don't get involved.

    I made money because my employer had systems, customers, deep pockets and information flows to back me up.

    The punter (you) hadn't a chance.

    If you don't know what you are doing, you are putting yourself at extreme risk.


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