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What is forex?

  • #21
  • Feb 24, 2019 12:17pm Feb 24, 2019 12:17pm
[quote=HeyYou;12041252]{quote} not the same thing mate... our money is in a trading account, in other words VIRTUAL. {quote}

???? WHAT?? Sorry. You are not good with English? Sorry. That is EXACTLY WHAT I SAID. I exchange electronic money using a software platform, LOL. First outthere repeats what I said and now you, lol. Funny. Have a great day, lol.
You cannot be extraordinary by being normal
  • #22
  • Feb 24, 2019 12:28pm Feb 24, 2019 12:28pm
[quote=dkrock;12041317]
Quoting HeyYou
{quote} not the same thing mate... our money is in a trading account, in other words VIRTUAL. {quote} ???? WHAT?? Sorry. You are not good with English? Sorry. That is EXACTLY WHAT I SAID. i exchange electronic money using a software platform, LOL. First outthere repeats what I said and now you, lol. Funny. Have a great day, lol.
...but you do it through a CFD broker, that's the difference.
  • #23
  • Feb 24, 2019 8:43pm Feb 24, 2019 8:43pm
[quote=dkrock;12041317]
Quoting HeyYou
{quote} not the same thing mate... our money is in a trading account, in other words VIRTUAL. {quote} ???? WHAT?? Sorry. You are not good with English? Sorry. That is EXACTLY WHAT I SAID. I exchange electronic money using a software platform, LOL. First outthere repeats what I said and now you, lol. Funny. Have a great day, lol.
Ya well, the question is: What is Forex?

Your answer: I used to exchange money physically in a kiosk and now I exchange electronic money using a software platform.

To me your answer isn't an answer to the topic question.

An example of another question with your answer would be: What is Football? Your answer would probably be: I used to play it physically on a field but I now play it on a TV screen.

Okay, great but what is Football?
  • #24
  • Feb 24, 2019 8:49pm Feb 24, 2019 8:49pm
I repeat your answer in order to make sense of it.

I guess you are saying Forex is about exchanging money for profit like you did it in the olden days and you are still doing the same exchanging money for profit except you are doing it online. therefore Forex is a way of making money by buying and selling currencies.

If that is your answer, thanks a lot. Now I know what Forex is.
  • #25
  • Feb 25, 2019 12:47am Feb 25, 2019 12:47am
Quoting OutThere
I repeat your answer in order to make sense of it. I guess you are saying Forex is about exchanging money for profit like you did it in the olden days and you are still doing the same exchanging money for profit except you are doing it online. therefore Forex is a way of making money by buying and selling currencies. If that is your answer, thanks a lot. Now I know what Forex is.
Yes, sorry, but it is not my fault that you do not know Forex is exchanging money from one currency to another. That is all it is. Sorry it is so confusing for you. Good Luck finding someone to argue with and Good Luck with your trading.


From Wikipedia, the free encyclopedia:
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines the foreign exchange rate. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
You cannot be extraordinary by being normal
  • #26
  • Feb 25, 2019 12:47am Feb 25, 2019 12:47am
[quote=HeyYou;12041332]
Quoting dkrock
{quote} ...but you do it through a CFD broker, that's the difference.
And that would be done electronically?? LOL. Good Luck finding someone to argue with and Good Luck with your trading.
You cannot be extraordinary by being normal
  • #27
  • Feb 25, 2019 1:15am Feb 25, 2019 1:15am
Quoting Taxi Driver
After being around for some time, I´d say {image}
Yes, I know and this is why, I do meditation & yoga regular basis for my mental health.
  • #28
  • Feb 25, 2019 1:20am Feb 25, 2019 1:20am
[quote=dkrock;12042687]
Quoting HeyYou
{quote} And that would be done electronically?? LOL. Good Luck finding someone to argue with and Good Luck with your trading.
it's RISKY: our money is in a trading account .. hope you get it !

i wish my money was safe in my bank account, but it's not.
  • #29
  • Feb 25, 2019 1:35am Feb 25, 2019 1:35am
Traders often ingore that their funds are not protected. even FCA brokers used to scam their clients.. and they got fined at most.

unfortunately, we are like trading virtual money until we make a withdrawal.
  • #30
  • Feb 25, 2019 5:43am Feb 25, 2019 5:43am
Quoting dkrock
{quote} Yes, sorry, but it is not my fault that you do not know Forex is exchanging money from one currency to another. That is all it is. Sorry it is so confusing for you. Good Luck finding someone to argue with and Good Luck with your trading. From Wikipedia, the free encyclopedia: The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of...
Thank you Mr. Spock for your skills of looking up meaning of Forex in dictionary. No need to apologize. The humor contained in the first post was meant for humans.
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  • #31
  • Feb 25, 2019 10:24am Feb 25, 2019 10:24am
Quoting OutThere
{quote} Thank you Mr. Spock for your skills of looking up meaning of Forex in dictionary. No need to apologize. The humor contained in the first post was meant for humans. {image}
No problem. I looked it up for you since you didn't believe me. Good Luck.
You cannot be extraordinary by being normal
  • #32
  • Feb 25, 2019 10:37am Feb 25, 2019 10:37am
Quoting dkrock
{quote} No problem. I looked it up for you since you didn't believe me. Good Luck.
You want me to speak to the hand? Right. I have been speaking to the ass all this time. Fine. Speaking to the hand: Go slap yourself silly.
  • #33
  • Edited 9:52am Feb 26, 2019 12:51am | Edited 9:52am
Quoting OutThere
{quote} You want me to speak to the hand? Right. I have been speaking to the ass all this time. Fine. Speaking to the hand: Go slap yourself silly.
LOL. You wrote nonsense to me stating I didn't answer the question, What is Forex? LOL. Yet, I did answer it exactly, with my personal definition based on my personal experience. I showed you how it actually matches the dictionary definition, but you still don't believe it, LOL. You tried to start an argument with me for no reason, just out of the blue. Then you started posting pics to try to insult me. Then you decided you had to put me in your Ignore List because I would not argue with you about your issues, whatever they are? LOL. Funny. If you are not trading one currency against the other, based on the changes in their exchange rate, then I don't know what to tell you. You are doing something different from Forex. Good Luck.
You cannot be extraordinary by being normal
  • #34
  • Feb 26, 2019 10:59am Feb 26, 2019 10:59am
[quote=OutThere;12042270]
Quoting dkrock
{quote} Ya well, the question is: What is Forex? Your answer: I used to exchange money physically in a kiosk and now I exchange electronic money using a software platform. To me your answer isn't an answer to the topic question. An example of another question with your answer would be: What is Football? Your answer would probably be: I used to play it physically on a field but I now play it on a TV screen. Okay, great but what is Football?
He could be very good at politics answering tricky questions..
  • #35
  • Edited 1:40pm Feb 26, 2019 12:53pm | Edited 1:40pm
Quoting dkrock
{quote} LOL. You wrote nonsense to me stating I didn't answer the question, What is Forex? LOL. Yet, I did answer it exactly, with my personal definition based on my personal experience. I showed you how it actually matches the dictionary definition, but you still don't believe it, LOL. You tried to start an argument with me for no reason, just out of the blue. Then you started posting pics to try to insult me. Then you decided you had to put me in your Ignore List because I would not argue with you about your issues, whatever they are? LOL. Funny....
Looks like you changed or deleted some of your comments to make yourself nice and polite and innocent and to make me look bad. Okay, no problem. I don't like to put people on my ignore list. You are off of it. Live long and prosper.
  • #36
  • Edited 4:19am Feb 27, 2019 12:59am | Edited 4:19am
Quoting OutThere
{quote} Looks like you changed or deleted some of your comments to make yourself nice and polite and innocent and to make me look bad. Okay, no problem. I don't like to put people on my ignore list. You are off of it. Live long and prosper.
How awesome of you to pick a fight with me for no reason, insult me, and then forgive me for what you did. WOW! What a nice person!! It really sucks to come to FF to talk about trading and then get rude cyber bullies like you that think they are cool by being negative and posting insults to people you don't even know.
You cannot be extraordinary by being normal
  • #37
  • Feb 27, 2019 5:19am Feb 27, 2019 5:19am
Quoting dkrock
{quote} How awesome of you to pick a fight with me for no reason, insult me, and then forgive me for what you did. WOW! What a nice person!! It really sucks to come to FF to talk about trading and then get rude cyber bullies like you that think they are cool by being negative and posting insults to people you don't even know.
Live long and prosper. GOODBYE.
  • #38
  • Oct 17, 2019 2:04am Oct 17, 2019 2:04am
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  • #39
  • Oct 22, 2019 10:51pm Oct 22, 2019 10:51pm
Largest and the most liquid market in the world.
  • #40
  • Oct 24, 2019 4:54am Oct 24, 2019 4:54am
Quoting NathanAstel
Forex is a place to make money , but honestly speaking i have never seen at any guys who got more money by this market place , so many people become loser from here but still they are surviving in here , actually Forex is an addiction.
Not always but it’s a common theme. People lack basics and research, following other calls and no risk management. Even they have but they go out of boundary. No wonder majority’s mindset are not strategically developed.
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