Forex Trading & Day Trading


Monday, January 3, 2011

FX Trading: The What, the Who, the Why and the How

What is FX trading, who can do it, why would they want to do it and how can they do it? In this brief article I will attempt to answer these basic questions. What is Fx trading? FX or forex is an acronym for foreign exchange. Therefore, FX trading is foreign exchange trading. In other words it is trading in foreign currency. FX traders will trade in forex pairs with the US Dollar and Euro being the most popular pair. Forex traders will buy and sell currencies and make money from the currency price movements. Who can do Fx trading? Anyone can do it. It is no longer a special preserve of the banks and other financial institutions. You do not ne

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