What is Forex trading?

[jannatmirza]

Forex trading, also known as foreign exchange trading or currency trading, involves the buying and selling of currencies in the foreign exchange market. The foreign exchange market is a decentralized global market where participants trade currencies. The foreign exchange market, also known as the forex market. It is the largest and most liquid financial market in the world.

Forex trading works through the buying and selling of currency pairs in the foreign exchange market. A "[URL deleted] funded program" typically refers to a trading arrangement where a trader is provided with capital (funds) by a proprietary trading firm or a proprietary trading fund to trade financial instruments, such as stocks, options, or futures.
Here's how a funded program in the proprietary trading industry generally works:
* Traders interested in participating in a funded program typically go through a selection process, which may involve assessments of their trading skills, risk management abilities, and overall market knowledge.
*Traders are allowed to use the provided capital to trade financial instruments.
*While traders have access to firm capital, they are also subject to risk management rules and guidelines set by the proprietary trading firm.
*Some proprietary trading firms offer training and support to traders in their funded programs.
*Traders' performance is regularly evaluated based on their trading results.

 

[Phill88]

buying low, selling high, and hoping your pockets get deeper, not your stress levels!

 

[Benjifxfreak8696]

Spending years grinding, and not getting much in return, that is the essence 😀

 

[Charlotte_Nguyen]

Spending years learning and making nothing, until you perfect your strategy and start making some decent money.

 

[Thaddeus Finch]

I think trading is a tough business, and the hardest part is managing and controlling emotions.

 

[Oli_jackson]

Theoretical knowledge, practical experience, small deposits, growing accounts, and a pocket full of money (being a bit lucky).

 

[CallahanSinclair]

Spending years learning and making nothing, until you perfect your strategy and start making some decent money.

Absolutely, you know we should always keep pushing forward! It's key to success.

 

[Charlotte_Nguyen]

Absolutely, you know we should always keep pushing forward! It's key to success.

The going can get rough sometimes, but I agree with you, in it to win it, in the end.

 

[ginoschaefer]

Forex trading is the buying and selling of currencies in the foreign exchange market, the largest and most liquid financial market globally. It involves trading currency pairs, with participants exchanging one currency for another at determined exchange rates

 

[Jacquelyn31]

Foreign exchange trading is buying or selling currency pairs in the foreign exchange market. Being one of the largest and most competitive markets, the forex market has a daily trading volume exceeding $6 trillion. Based on knowledge about the currency exchange rates and financial tools, one can turn trading into a potential source of revenue.

 

[Zerologic]

Forex trading involves two currency pairs that are traded electronically, the forex market is decentralized, not centralized where sellers and buyers in forex trading do not meet face to face like traditional markets. Participants in the forex market consist of various groups, including major banks, large institutions, hedge funds, brokers, commercial company until retail traders.

 

[fargana]

Forex trading, or foreign exchange trading, involves buying and selling currencies on the global market. Traders aim to profit from the fluctuations in exchange rates between currency pairs, such as EUR/USD or GBP/JPY. The forex market is the largest and most liquid financial market in the world, operating 24 hours a day across various financial centers.

 

[Chadpowell]

Forex trading, also known as foreign exchange trading or currency trading, involves the buying and selling of currencies in the foreign exchange market. The foreign exchange market is a decentralized global market where participants trade currencies. The foreign exchange market, also known as the forex market. It is the largest and most liquid financial market in the world.

Forex trading works through the buying and selling of currency pairs in the foreign exchange market. A "[URL deleted] funded program" typically refers to a trading arrangement where a trader is provided with capital (funds) by a proprietary trading firm or a proprietary trading fund to trade financial instruments, such as stocks, options, or futures.
Here's how a funded program in the proprietary trading industry generally works:
* Traders interested in participating in a funded program typically go through a selection process, which may involve assessments of their trading skills, risk management abilities, and overall market knowledge.
*Traders are allowed to use the provided capital to trade financial instruments.
*While traders have access to firm capital, they are also subject to risk management rules and guidelines set by the proprietary trading firm.
*Some proprietary trading firms offer training and support to traders in their funded programs.
*Traders' performance is regularly evaluated based on their trading results.

are you working with any funded programs? if so, which one and do you suggest us to do so?

 

[Zerologic]

are you working with any funded programs? if so, which one and do you suggest us to do so?

Joining a funded program seems quite interesting because to get funding you have to go through the eligibility testing stages as a trader, I've never tried it, but I'm wondering about joining this program apart from skills, are there registration fees and other fees?

 

[Zerologic]

Forex trading, or foreign exchange trading involves buying and selling currencies with the aim of making a profit from changes in exchange rates It's one of the largest and most liquid financial markets in the world

The liquidity of the forex market is reportedly the largest compared to other markets, amounting to more than 6 trillion USD daily. Compared with the stock market, it is analogous to a dwarf and a giant. However, now the crypto market has also increased recently providing alternative investment opportunities.

 

[Soams Fortnite]

Forex trading, also known as foreign exchange trading or currency trading, involves the buying and selling of currencies in the foreign exchange market. The foreign exchange market is a decentralized global market where participants trade currencies. The foreign exchange market, also known as the forex market. It is the largest and most liquid financial market in the world.

Forex trading works through the buying and selling of currency pairs in the foreign exchange market. A "[URL deleted] funded program" typically refers to a trading arrangement where a trader is provided with capital (funds) by a proprietary trading firm or a proprietary trading fund to trade financial instruments, such as stocks, options, or futures.
Here's how a funded program in the proprietary trading industry generally works:
* Traders interested in participating in a funded program typically go through a selection process, which may involve assessments of their trading skills, risk management abilities, and overall market knowledge.
*Traders are allowed to use the provided capital to trade financial instruments.
*While traders have access to firm capital, they are also subject to risk management rules and guidelines set by the proprietary trading firm.
*Some proprietary trading firms offer training and support to traders in their funded programs.
*Traders' performance is regularly evaluated based on their trading results.

Yes, Forex trading can be really exciting, especially with the potential for high profits. Funded programs sound like a great way for skilled traders to get the capital they need. Just make sure you’re ready for the evaluation and rules they set. Good luck to everyone getting into this!

 

[Zerologic]

Yes, Forex trading can be really exciting, especially with the potential for high profits. Funded programs sound like a great way for skilled traders to get the capital they need. Just make sure you’re ready for the evaluation and rules they set. Good luck to everyone getting into this!

We wish us all good luck, however, even though forex provides unlimited profit opportunities, forex trading is also a high-risk investment, or high-risk and high-gain business, requiring a process that may take a long time to achieve investment goals.

 

[jim_]

Forex trading involves exchanging currency in pairs. Traders aim to profit from fluctuations in exchange rates. It's a global market for buying and selling currencies. The goal is to speculate on potential currency movements to make a profit.

 

[Zerologic]

Forex trading involves exchanging currency in pairs. Traders aim to profit from fluctuations in exchange rates. It's a global market for buying and selling currencies. The goal is to speculate on potential currency movements to make a profit.

Participants in the forex market come from various backgrounds, not just forex traders, there are central banks, government, banks and financial institutions, multinational companies, currency exchanges, forex brokers, and retail traders. Retail traders try to speculate to make a profit in forex trading.

 

[fargana]

Participants in the forex market come from various backgrounds, not just forex traders, there are central banks, government, banks and financial institutions, multinational companies, currency exchanges, forex brokers, and retail traders. Retail traders try to speculate to make a profit in forex trading.

Thanks to that market remains predictable. They are forced to operate under constraints (risk/reward targets, government limitations, speed of making decisions) which creates inefficiencies. But gaining knowledge about that may take years.