Investors in JL Trading, owned by Joe Lewis, 59, received emails this month stating that the company based in Istanbul “is ceasing to carry on business” and had stopped trading foreign exchange in 2009 after incurring substantial losses.
So what is is Forex trading you may ask? Forex is the exchange you can buy and sell currencies. For example, you might buy British pounds (by exchanging them to the dollars you had), then, after pounds / dollar ratio goes up, you sell pounds and buy dollars again.
Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people ...
At the present day on of the main special features of Forex in Russia appears its status. On its own terms Forex supposes free currency conversation without any government intervention. With favourable outcome by the end of 2014 we’ll get a whole new level of Forex market.
Forex scalping is a popular method involving the quick opening and liquidation of positions. The term “quick” is imprecise, but it is generally meant to define a timeframe of about 3-5 minutes at most, while most scalpers will maintain their positions for as little as one minute.