Wednesday, August 4, 2010

Re: [4XONTARIO] Question please

 

Hi, Lily,

This site will help, www.babypips.com. they have a comprehensive study course
for beginners.And if u dont mind u can add me on facebook and yahoo mesenger
with this address geebeng2@yahoo.com.

________________________________
From: cherygervais <cherygervais@yahoo.co.uk>
To: 4XONTARIO@yahoogroups.com
Sent: Tue, July 27, 2010 2:37:22 PM
Subject: [4XONTARIO] Question please

What differences between dealer and trader?
I have read that the " Bid" is the price in which the dealer is willing to buy
the base currency in exchange for the quote currency. This means the bid is the
price at which you (as the trader) will sell.

And when I searched for more definition about both( dealer and trader) I found
this definitions

Dealer is
"An individual or entity that acts as a principal and stands ready to buy and
sell for its own account. More generally, a dealer sells products and holds
inventory"

Trader is
"One who buys and sells goods, services, or securities."
The source of definition is http://www.fxwords.com

I still see no differences between both. can any one give more differences
please?

There is also another side for these definitions which is " the differences
between forex trading and forex dealing".

Thanks

Lily

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