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It's called forex (foreign exchange) trading and it's very possible to make serious money in it. It's also possible to LOSE serious money in it.

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11y ago

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What is monetary exchange?

It is an exchange of currencies. The buying and selling of currencies example, buying euros by usd's


What is trade foreign currencies?

Trading foreign currencies refers to the buying and selling of various currencies at a profit.


When am I buying as opposed to selling currencies?

You will always do both as you will be 'exchanging', meaning you will sell one and buy the other.


Exactly what is forex demo about?

Forex Demo is a chance to practice trading currencies using Forex software. In this way you can practice buying and selling the currencies before you do so on the market.


What is the buying and selling of goods between different places?

The buying and selling of different goods is called commerce, or imports and exports.


What is foreign exchange trading?

Buying and selling foreign currencies. Speculators take advantage of fluctuations in FX prices to make a profit.


Is it possible to profit from both selling and buying the same stock?

Yes, it is possible to profit from both selling and buying the same stock through a trading strategy called "buying low and selling high." This involves purchasing the stock at a lower price and then selling it at a higher price to make a profit.


The buying and selling of goods between different places?

thid


What is the most global of markets?

The foreign exchange (forex) market is considered the most global market because it operates 24 hours a day, five days a week, and involves the buying and selling of currencies from around the world. Participants in the forex market can trade currencies from different countries, making it highly interconnected and global in nature.


How can one make money by exchanging currency?

One can make money by exchanging currency through a process called forex trading. This involves buying and selling different currencies in the foreign exchange market to profit from fluctuations in exchange rates. Traders aim to buy currencies at a low price and sell them at a higher price to make a profit.


Why selling and buying rates of dollars are different?

in-order for the person or thing selling the currency and buying it such as usual exchange stations on the street or banks to make profit.


How do money exchange rates compare between different currencies?

Money exchange rates compare the value of one currency to another. They fluctuate based on factors like supply and demand, economic conditions, and geopolitical events. Currencies with stronger economies typically have higher exchange rates, while weaker economies have lower rates. Investors and traders monitor exchange rates to make decisions about buying and selling currencies.