Thread: Traders who trade on the Forex
View Single Post
  #2  
Old 24-03-2011, 18:43
Tradinger Tradinger is offline
Level 1 Lasers Member
  
Join Date: Mar 2011
Posts: 5
Default
Quote:
Originally Posted by Arceliar01 View Post
Traders who trade on the Forex basically buy one currency for an amount of money and should that currency appreciate on a given day, the buyer makes a profit. Typically, quantities of currencies are bought in lots, for example 100,000 euros would be the equivalent to 1 lot. The most common traded currencies are Eur/Usd, Gbp/Usd, Usd/Jpy and Usd/Chf.
Wow, that's a new one. Now please tell us what a forex platform is and what you can do with it :rolleyes:
Reply With Quote