Forex stands for Foreign Exchange and basically, this industry is electronic currency trading. I will say right out of the gate that this is risky stuff. Even if you know what you're doing, there are certain variables beyond your control that will have a bearing on your income. Also, another thing to point out is that since it is all electronic, you are at risk for ID Theft.

Now days, ID Theft is something that you should be concerned about...even if you have not been a victim yet. In most cases, these transactions are not governed or made to comply with certain laws and such. SO...that means, in a nutshell, that you are supposed to give your money to someone that is not REQUIRED to offer you much information and that is not mandated or held accountable to pay you. You end up trusting people a lot in this business.

With that being said, if you know someone that does this and makes money doing it, ask them but if you are like me and donā't like risks, stay away from it. Like I said earlier, even if you DO know everything about it, there is no way to control certain variables that effect your income. This usually equals disaster.

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