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Beginning Forex - How Are Lots Traded & What The Heck is a PIP?
If you are new to Forex, no doubt you are confused by all of the
strange and unfamiliar terminology. For example, what is a pip?
Also, you are probably already aware that Forex trading can be
risky. How can you limit your loss and best protect...
Forex Trading Tips
Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it?
This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making...
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...
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...
Where's the Money?
Where's the Money? By William Cate July 2004 [http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/] To create a US$100 million Multinational Corporation will take US$100...
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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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| Currencies - Currency Converter & Latest Rates at CNNMoney.com |
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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 Trading with The Forex Broker. ACM offers online currency trading, commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, ... |
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| Forex Blog |
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| Common Questions About Currency Trading |
| Whether you're puzzled by pips or curious about carry trades, your queries are answered here. |
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| Currency trading, free forex charts, news and analysis |
| Online currency trading with technical analysis, charts and forex news. |
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| Finance - Currency-Trading Ezine Articles |
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| MG Financial Group - Forex, FX, Online Forex Trading. |
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