Wednesday, July 16, 2008

FabForex

What's up with all these "lead-on" websites? Forex is another one that is supposed to educate you (about trading) but hidden under all those external links on the site are links that lead you to Forex trading sites. I have never heard of Forex trading until now but it seems like a popular trade. As someone who has visited Asia twice in the last half year, I would love to have traded more foreign currencies with US dollars. Honestly, I was told that trading foreign currencies involves quite a bit of risk. Maybe that is when traders have to do a lot of research before getting into the real deal. On this site, I noticed many educational-focused articles regarding Forex trading, the few featured are "Charting a course in Forex," "Advantages of Forex Currency Correlations," and "Protecting yourself from Forex Scams." I believe the last article is definitely worth reading with so many tech-savvy criminals out there on the internet. On the flip side, the site basically reads like a total blast of advertisments. Nothing appealing for an average reader like me. Nonetheless, if you are serious about Forex trading, go visit Forex You might find it worth your time.

1 comment:

Frank Eckdall said...

There are Traders and there are Investors.

Trading and Investing both require specialized knowledge.

Trading is and involves a lot of risk or speculation, earnings are always speculative.

Investing is more long term like putting your money in companies that have been around since before the stock market,e.g. GE and DuPont.

Trading is risky. Investing is wise.

Yours very sincerely and respectfully,
Frank F Eckdall
Unix Administrator
ffunston@swbell.net
Skype: panchogringo