what is forex trading? Tag

What is forex trading?

Last weekend I recently struck up a conversation with a friend of my wife’s whom I had never met before and, as is often the case, it didn’t take long before we moved into discussing what each one did for a job. Given my day to day conversations with forex traders, one can falsely come to the conclusion that everyone knows how to trade forex. However, after 5-10 minutes of passionately explaining my job as a forex trader, I could see the confused glaze running over this poor strangers eyes. It got me to thinking that many people don’t fully understand how forex trading works and so I’m going to take today’s blog as an opportunity to explain, in very high level and simple/Lehman’s terms, how forex markets are traded. This coming through the eyes of a forex trader but for the audience of non forex trader. I hope it helps those who are looking to become more familiar with our wonderful currency trading world 🙂 Read more…