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foreign exchange market

1.5+ trillion a day moved threw it

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i blew out my account on the forex b/c i didn't use any stop-losses
by horizon January 12, 2005
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2
A complete waste of time in which people attempt to make money out of nothing in a sort of modern day alchemy.

One of the few jobs in the world where nothing is created or contributed to the world yet people think you have to be smart to do it.
Buying 1 currency "vis-a-vis" another then selling it later hoping to make a gain - buit invariably actually losing more than 50% of the time which one would think is impossible.

Forex is an abbreviation of Foreign exchange
by Marche Man August 28, 2009
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3
A complete waste of time in which people attempt to make money out of nothing in a sort of modern day alchemy.

One of the few jobs in the world where nothing is created or contributed to the world yet people think you have to be smart to do it.
Buying 1 currency "vis-a-vis" another then selling it later hoping to make a gain - buit invariably actually losing more than 50% of the time which one would thikn is impossible.

Forex is an abbreviation of Foreign exchange
by Marche Man August 28, 2009
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4
It's apparently a contraction, without the apostrophes, of "for example."

I read this and didn't see this definition in your dictionary, so I thought I'd add it.
Before you go on this hunt, be very certain that you REALLY want to know the cause. Obits sometimes leave this out out of concern for the family--forex, few obits will mention AIDS. I had a relative executed by firing squad. Would reading he died by being executed or of AIDS make you feel better?
by hoyce October 08, 2009
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5
A foreign exchange market in which traders/algos trade a currency vs currency.
Trillions of dollars are traded on the Forex Market, which supplies lots of liquidity in which making it the most liquid market.

Traders instantly loose money on entering and exiting the trade due to spread.

Currency vs. Currency moves up and down due to the currencies current economical situations, economic news, and stability between each other! Or, it's basically just the algos picking off traders.

It is also said that some forex brokers are going against your positions to profit from your possible losses.

Also, Interactive Brokers (IB) forces liquidation on margin positions in the forex markets @ mkt order if their risk management formulas detect deficits.
Stay At Home Trader: I'm finally going to be able to make lots of money shorting euros on the forex market.
Institutional Trader: Yeah.... About that, do you even know what a spread is?
Stay At Home Trader: Nope, but I see all of these videos of people getting rich off of trading forex!
Institutional Trader: Good Luck, I'll stick to trading Oil.
by EazieCustoms May 02, 2018
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