What its the Forex? and its true that you can make money on it? -

Am looking forward to build a secure invest on the internet and i hope somebody helps me..... Forex or foreign exchange is the simultaneous buying of one currency and selling of another. The currencies are traded through a broker or dealer and are made in currency pairs. Some popular trading pairs are the Euro / US dollar, Japanese Yen / US dollar or US dollar / British Pound. It is true that you can make money with forex however it must be said that only about 5 per cent of small time traders are successful. That does not mean you cannot be a success. Use practice accounts for as long as you can and don t rush in thinking you will make money. Forex is the short name for - Foreign (Currency) Exchange. You can trade world currencies just like you can buy and sell stocks. Most investors don t start out trading the Forex. They first learn to trade stocks. Wow.... the answers you ve received are, for the most part, stupid or ill informed. Forex (FX) is the trading of currency through brokers (on-line) who have succeeded in marketing this as an quot;anyonequot; can do it investing. What they don t tell you is that 96% of all new traders lose most to all of their accounts in a short period of time. If you re really interested... Take a year or two to understand FX and the skills needed to suceed. Consider yourself warned.................. Yes, the Forex is the biggest market in the world. It stands for Foreign Exchange Market Read more here: http://en.wikipedia.org/wiki/Foreign_exc... Yes you can make money in the forex market and you can also loose a lot of money. If your just getting into fx trading education is a must, check out http://www.babypips.com to get a better understanding and overview of the market. You ll also want to consider using a trading strategy that limits the volatility in your account, check out this article at Gather for some good information about an effective hedge strategy: http://www.gather.com/viewArticle.jsp?ar... I know Forex. I have been taking the 30-day practice version. Its quite easy but confusing. I have a little knowledge on Forex, especially my father who is now using the Live Version. It depends on how you play it. You play it smart, you earn it. :D If you want to try other home business, you can try this too... http://www.slashmysearch.com/earn/id/340... This website is cool. I am still searching for more... :D Good Luck with Forex. Foreign Currency Exchange (Forex) where you buy foreign currency for less and sell it at higher exchange rate and earn profit. It is a risky business but with experience and proper knowlege you may be able to earn a living out of this. That sound interesting. I m looking for it too. Since i found that it is not easy to make money online.