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Home >> Stock Forums >> Forex Basics - Spot

Forex Basics - Spot

AlfredSokol said: "[quote] A spot or Forex transaction is the most basic exchange in the foreign exchange market. It is simply the exchange of one currency for another. Every Forex trade consists of two simultaneous transactions; a buying of one currency and a selling of another.[/quote] That's from a book I have called "Forex Revolution." Hopefully that helps a newbie!"

ratAphooey said: "sure does. keep'em coming!"

AlfredSokol said: "Alright. I'll make some time and post a few more today. :wave:"