Understanding F and O in Forex Trading In F&O the most fundamental and essential thing to learn is that you can indulge in trading without taking possession of the underlying asset. So, that is a succinct way of taking advantage of price fluctuation in the currency without even completely owning it. Get more info: https://www.quora.com/profile/Trade-Wave/Understanding-F-O-in-Forex-Trading-The-most-recognized-feature-of-a-financial-market-is-that-it-is-never-static-A-cons