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Old 04-30-2007, 08:18 PM
bohogirl bohogirl is offline
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Quote:
Originally Posted by Titan
Okay, so someone explain to me what the heck this FOREX jibberish is anyways... Give me the 411 in Basic Titan terms...lol
Foreign Exchange Market.
Buy and sell currencies.
Way more TA-based than stock market, with exception of economic report releases (but even then, it still observes basic TA rules).

Biggest positives - no millions of charts to scan, PRs and rumors to read, board pumps and dumps to worry about; 24 hours a day, from Sunday afternoon to Friday afternoon. No 25k requirement to daytrade, you can short and hedge all you want (you can start a mini-account with about $250, maybe even less) etc etc etc.

Biggest negatives - 24 hours a day, from Sunday afternoon to Friday afternoon
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