Is FX market beneficial ?

rocky · 09-06-2007, 08:47 PM

I am new to foreign exchange. Can anyone help me to know about foreign exchange market beneficial for the dealers?

calvin · 09-07-2007, 07:09 PM

Hey rocky
I got all the knowledge about FX from the online sites. I can tell you something about FX like the forex market is the most liquid form of market in the world, its daily turnover is around 2 trillion dollars, there are no time boundations are there in the foreign exchange market.”FX” is an acronym of forex. The working hours of forex, market is 24 hours in a day and five and a half days in a week. You can find much more about FX in sites like http://www.forex-times.net Hope this will help.

holder · 09-08-2007, 07:14 PM

Yes, I agree that the forex market is one of the biggest market in the world and you cannot learn everything about forex market by just visiting a single site. You can go through google to know more.

20neo · 11-19-2007, 09:20 AM

Hi Rocky!!!

First of all welcome to world of forex!!!

This is the very first in the mind of the beginner that is it beneficial to deal in forex??

let me tell you that forex market is the biggest market in the world!! And like all other markets it also have advantages and disadvantages. To learn more about merits and demerits follow the link below......

http://www.marketforex.net/advantage...x-trading.html

piphunt · 12-05-2007, 11:24 AM

Quote:

Originally Posted by rocky

I am new to foreign exchange. Can anyone help me to know about foreign exchange market beneficial for the dealers?

Welcome Rocky!

There are lots of sites where you would learn about foreign exchange most especially the basics because it would be your guidelines as you go along.. I could recommend you to watch some videos as well, it would be helpful.. Maybe you could try this one..

http://www.youtube.com/watch?v=tAbCT77DiuQ

Good luck!

alex.stewart · 03-27-2008, 07:31 PM

yeah sure it is..they make money through the spreads as in the difference between the spreads.

germy · 09-24-2008, 06:24 PM

Quote:

Originally Posted by rocky

I am new to foreign exchange. Can anyone help me to know about foreign exchange market beneficial for the dealers?

Hello man I would say that if you know what you are doing the market is very beneficial. I am a beginner and am loving it, well I just got a demo account from tradeview and I am working the trade, it gets complicated and fast but if you want it I am pretty sure you will benefit in the long run.