WHAT IS FOREX ?
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Hey Guys Megan here,
I’ve been receiving a lot of questions on what is Forex. So here is my definition in my own words on exactly what forex is, plus a little background on me and how I got started.
#WhatisForex? – Forex is short for the “Foreign Exchange Market. It is when one currency is changed into another. When you’re trading Forex you’re always trading a currency pair-selling one currency while simultaneously buying another.
Its not to be confused with the Stock market, when the stock Market is going down. People who invest into stocks are loosing money. Whereas in Forex we profit and make money rather the market is going up or down.
& that is my definition on what is Forex.
I started trading Forex roughly 4 years ago, it has completely changed my life. I literally just took a leap of faith and decided to try something different. I was able to turn $75 into $300+ in my first few days of learning Forex in return making just over $3,000 a few weeks thereafter. Forex Isn’t that difficult, once I found out what is forex I thought it’ll take months to become profitable. Like I said I didn’t know what I was doing at all at the time..and that is what made me a believer in the power of the skill set of knowing how to trade Forex. Even with me not knowing exactly what is Forex, I was able to still make profit within the market.
You probably landed on this video because you’re looking to learn what is forex. So I hope I could explain what forex is simplified to your understanding. If you’re looking for a forex mentor, I have a few that I’m partnered with. Scroll below for contact information, and I hope to hear from you soon.
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