Someone recently asked me to invest money in FORREX trading. What exactly is this?

Question

Other investments with low risks. Foreign currency trading. Bonds.

Answer 1

Forex trading is fantastic for high returns; the above pretty much covers what it is and what you do. The best way IMO is to buy a Forex trading system ($100 max).

What you do (and what I did) is make sure the trading system has a 60 day money back guarantee first; then make sure you can use a demo account. Use the demo account for 59 days and if you see you can make profit you keep the system and invest your real cash. If there's no profit to be made you get a refund; there's literally no risk when buying one.

If you're interested I found reviews of the top 3 Forex trading systems: http://forex-tracer.the-perfect-solution...

Answer 2

don't invest anywhere,the bubble about to burst,margin calls coming in on wall street and no bank is loaning money.flood victims are selling everything in order to live and rebuild

Answer 3

FOR-eign EX-change. Buying and selling currencies.

Answer 4

Foreign exchange involves buying and selling different currencies in hopes of making profit from changes in exchange rates. This market is unregulated and its a feading frenzy for sharks marketing to unsuspecting masses. It is absolutely true that about 95% dont survive the first 3 months. Compared to the stock market its the wild west (I trade both). It is definitely not low risk, in fact its prob th highest risk. Also it is not an investment (currencies dont appreciate like a company) it is speculation which is very difficult to do. If you are not a serious trader I would advise against it.