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Business and the Forex
The business world is a complex web of supply and demand. Money and goods, physical or otherwise, pass through the global market every single day. To meet this exchange between one country and another, foreign exchange, or forex, was born. The term...
Forex basics: make money with money, part 1
FOREX or The Foreign Exchange market refers to an international exchange market where simultaneous buying of one currency and selling of another is done. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen...
Forex Brokers - Helping to Maximize Your Success
Forex Brokers—Your Ultimate Partners In Success A Forex broker is a broker dealing in foreign exchange, just like real estate broker who deals in real estate and properties. Simply, a Forex broker is an advisor who advises you about the forex...
On the Soundness of Our Banks
Banks are institutions where miracles happen regularly. We rarely entrust our money to anyone but ourselves – and our banks. Despite a very chequered history of mismanagement, corruption, false promises and representations, delusions and...
The Benefits Of Trading The Forex Market
Historically, the FX market was available most to major banks,
multinational corporations and other participants who traded in
large transaction sizes and volumes. Small-scale traders
including individuals like you and I, had little access to...
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Stocks Or Foreign Exchange - Which One?
Many people would like to invest in stocks or Forex but are not
really sure of the difference between the two and don't know
which is the right choice for them. There is little doubt that
there are many options out there for you. But, it is hard to say
which the right choice is until you gather some information
about them and then make the right choice.
Stocks? Forex?
Stock trading is similar to owning part of a company or
organization. You purchase the stocks so that the company can
then use this money to reinvest to increase their profits. Most
people know about the stock trading market and have a basic
understanding of how it works.
On the other hand, though, not many realize what Forex trading
actually is. Forex trading is a type of investing that deals
with currency trading. In its basic form, you cash in US dollars
for the currency of another country. You cash out when you make
a profit or to cut your losses short. The Forex market is a
truly global marketplace where billions of dollars are traded
everyday. Here, you can make a lot of money and lose a lot of
money fairly quickly.
Making The Choice
Forex trading is a relatively new method of investing. It is a
good choice for someone who is willing to take greater risk for
a greater reward. In stock trading,
you can make smaller profits
in the short-term and only in the long-term can you make a
significant profit.
It is often wise for the beginner to dabble in stocks trading
before looking at Forex trading. It is an excellent way to get
your feet wet without a whole lot of risk.
Nevertheless, it is important to note that anyone that is a
beginner in the field of investments should pay close attention
to details here. It is important for both types of investments
that due diligence is paid in order to make any money. Study
both forms of investments and do some paper trading. This simply
means you make decisions to buy or sell but don't put any 'real'
money down. The key here is to track results like you would do
for a 'real' trade. Initially, you will make mistakes so, go
easy on yourself. With experience you will start to make profits
on a consistent basis. When this happens, start putting some
money on your trades.
Good luck with your investment efforts.
About the author:
Mike Singh is a successful webmaster and publisher of financial
websites. He provides stock market help and articles on how to read forex charts .
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| FOREX Advisory |
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| Forex Trading: Online Currency Trading from Global Forex Trading |
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| Amazon.com: Foreign Currency Trading: From the Fundamentals to the ... |
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the Fine Points: Books: Russell Wasendorf by Russell Wasendorf. |
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| Forex, Online Currency Trading, FX, Foreign Exchange | ACM Forex |
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| Forex Online Currency Trading: Welcome to Global Forex |
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| Forex trading - Realtime Forex online currency trading |
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| Forex Blog |
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| Currency trading, free forex charts, news and analysis |
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| Finance - Currency-Trading Ezine Articles |
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