May 19, 2004

Forex?

Am I the only person who keeps getting these e-mails about Forex trading, or are you constantly cleaning your site comment threads thanks to Forex trading spam bots? Do you even know what Forex trading is? Is it some form of activity wherein you swap your ex- with someone else's ex-? Forex trading! Start dating somebody else's ex- today! For you! Forex! For everyone! Forex forever! Or something.

So, anyway, seeing as how my e-mail is practically choked with Forex trading offers, and my comment engine is being spammed out of existence with Forex trading links, I figured I should maybe learn something about this mysterious force known as Forex and Forex trading. To Wikipedia!

The foreign exchange (currency or Forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex and related markets currently is over US$ 3 trillion.

Ohhhhh, so Forex trading has to do with money. It all makes perfect sense, now. Okay, no it doesn't, but now I'm simply fascinated by Forex, which would make a great name for a children's book: "Fascinated by Forex."

But, seriously, that does explain why e-mail and comment spammers are so prolific about sending out Forex trading information. There's money to be made. Interesting. What else does wiki have to say?

Unlike a stock market, where all participants have access to the same prices, the Forex market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest investment banking firms. Within the inter-bank market, spreads, which are the difference between the bid and ask prices, are razor sharp and usually unavailable, and not known to players outside the inner circle.

Okay, now I'm just getting bored with Forex. Forex trading has now run its full cycle and gone from Forex Fascination to Forex boredom. What's next? Forex suicide? I don't want to go there. That just sounds Forex awful.

So, anyway, yeah, Forex trading and the Forex market. Not something I'm all that interested in, so please, Forex">Forex spammers, please stop with all the Forex stuff, mmkay? I won't be Forex trading any time soon. I have no Forex plans. The Forex market is not something I want to explore further. Forex is not for me.

Forex. . . out.

Posted by Ryan at May 19, 2004 02:09 PM
Comments

Getting a blog entry out of this story ... priceless.

Posted by: Kris at May 20, 2004 08:11 AM

Did I ever tell you I dated a guy who works at NASA? My parents were all impressed that he was working on the Hubble telescope and my brother got a backstage tour of the facility.
He was a cool guy, but I couldn't hang with the NASA channel. Seriously, we would be on a date and he would flip on the NASA channel just to check what was going on. There is nothing in existence more boring than that channel.
Still kinda neat to say I dated a "rocket scientist."
But since I live about 10 minutes from NASA, I am surrounded by the people that work there so it isn't as impressive anymore.

Posted by: Mandy at May 20, 2004 08:18 AM
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