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Ask for more - you may get it!
As a purchaser, do you push suppliers on price alone? OK, it is a fair tactic when so many sellers will give in, but does it lead to long-term gain? What other ways could you get a better deal for your organisation? Maybe extended credit terms or...
Forex Trading: How To Create Fantastic Wealth From Forex Trading
If you search on the internet you’ll find millions of investment programs such as real estate, stock trading, bond trading, mutual funds, CDs, auction programs and various internet programs.
I have not done many internet income opportunities or...
How Is Forex Trading At Home Possible?
Forex trading has entered the home and lives of many people,
both men and women , from many walks of life. And this is a
relatively new phenomenon. It was only about 10 years ago that
Forex moved into our homes. And this was made possible...
There are real, live people behind Currency trading
The Internet offers an abundance of information about investing,
currency trading, forex market, about how, when and what to do
to earn more money in the easiest way possible. The "information
highway" is practically a gold mine for traders that...
What's the .382 Fibonacci Ratio in Forex Trading?
It was mentioned in a past article that Fibonacci forex trading is the basis of many forex trading systems used around the world by profitable forex traders. These systems are all based on the famous Fibonacci ratios (.236, .50, .382, .618, etc.)...
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Interested in FOREX Trading?
The Foreign Exchange Market (FOREX) has no central exchange location yet it is the largest financial market in the world. It is over 3x's the size of the stock and futures markets combined and operates via an electronic network of a banks, corporations and investors.
Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:
- USD - United States Dollar
- EUR - Euro members Euro
- JPY - Japan Yen
- GBP - Great Britian pound
- CHF - Switzerland franc
- CAD - Canadian dollar
- AUD - Australia dollar
There are 2 types of investors involved in the FOREX market.The first type of investor is the hedger. The hedger is involved in International trades and utilizes FOREX trading to protect their interest in a transaction from adverse currency fluctuations. The 2nd type of investor is the speculator who invests in currency solely for profit.
Currency prices fluctuate due to a variety of economic and political factors. The major factors are:
- Interest rates
- International trade
- Inflation
- Political
stability
There are many reasons investors take a great interest in FX trading Some of the major reasons are:
- No fees
- No middlemen
- No fixed trade sizes
- Low transaction cost
- High liquidity
- Instant transactions
- Low margin / High leverage
- 24 hour market
- Online access via online trading platforms
- Always good opportunities to trade, unlike the stock market the market is never bullish or bearish.
- No one entity can control the market
- No insider trading can occur
To begin trading in the FOREX market, an investor only needs a computer, a high-speed internet connection and an online trading currency account. A mini account can be opened for as little as $100.
These are some of the reasons why FOREX trading has become quite popular in recent years. For more information on getting started in FX Trading visit http://www.fx-trading-guide.com/
About The Author
Jill Kane
Interested in FOREX Trading? Find out all about this increasingly popular type of investing at www.fx-trading-guide.com.
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