Currency Trading Information Channel
The Miracle of Forex
My father, who owns a small parts store and garage for vintage British sports cars, called me up recently and droned on and on about how he is getting killed by the Euro. Confused as to how the Euro could possibly be affecting his small and seemingly insignificant business, I asked him how. "Because of the Euro!"
He went on to explain, after calming down of course, that the distributor that he orders his vintage parts from had increased their prices by roughly 30% due to the dollar's poor performance against the Euro. Apparently, it takes about $1.30 USD to buy the same merchandise that may be acquired with 1 Euro.
Essentially, the relationship between the dollar and the Euro is the same as we have always had with the Canadians-only we have become the Canadians in this bizarre scenario!
After getting off the phone with dad I decided to investigate this currency exchange question a lot further and came to one startling but very true realization-the stock market is for chumps! Foreign Exchange is where it's at.
The act of exchanging the legal tender of one country for that of another. People who play the currency exchange market (Forex) do precisely that! With the same amount of analysis or less in most cases, people anticipate the rate at which one currency will convert into another and Presto!-profits please!
So if one anticipates that the Euro will be stronger next week compared with the dollar and I convert $50,000 into Euros, then next week when the Euro does in fact rise I can convert those Euros back into more dollars than I initially invested only a few days earlier-or even the previous day! Why have your money tied up for extended periods of time praying for a good quarterly earnings report or being grateful for the peanuts thrown to you in the form of a dividend?
My father's misfortune illuminated a new world for me. Trading currencies is simply better than playing the stock market and more profitable. Just as with the stocks, you learn which indicators to track and the fundamental principles which propel the market in one direction or the other. There are of course programs and courses out there offered by people who have played this game for years and who are now sitting back in luxury while the rest of us have seen our retirement plans devastated by that volatile mistress known as the stock market. So I ordered a Forex course and learned what I had to in order to start cashing in on this phenomenon. I stopped waiting on earnings reports and praying for those stocks to go up and started making money daily on in the currency exchange market!
My actual startup costs were only $300. Of course I already had my computer and internet connection, but for me the possibility of working only an hour a day from home and earning an extra few hundred dollars a week was amazing.
The course I ordered was Peter Bain's Commercial Currency Trading Secrets. I just liked the idea of having a Successful Trader at my side at all times. And Peter's course allowed me to do that through his DVD's.
This for me is a great way to earn extra income. I might even quit my job one day soon and do this full time. Learn more about this extremely profitable business for yourself. Just go to: http://tinyurl.com/8udgt and check it out for yourself.
MORE RESOURCES updated Thu. November / 21 / 2019
Indian-origin trader convicted for price fixing, bid rigging in foreign currency exchange market - Times of India
Indian-origin trader convicted for price fixing, bid rigging in foreign currency exchange market Times of India
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Why are forex trading signals important? ForexLive
Currency trading floors seem to have glass ceilings for women looking to move into management - The National
Currency trading floors seem to have glass ceilings for women looking to move into management The National
Medical student says Forex trading will make him a millionaire at 21 Herald Publicist
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Govt urged to embrace online forex trading The Zimbabwe Standard
Top 5 Reasons Why You Should Start Forex Trading Business Review
When robots meet humans in forex trading Born2Invest
Eight key terms you need to know before getting into forex trading Standard Digital
Ebury nabs £350M for foreign exchange and currency services for SMEs, Santander takes 50.1% stake - TechCrunch
Ebury nabs £350M for foreign exchange and currency services for SMEs, Santander takes 50.1% stake TechCrunch
Ion Group buys currency software supplier MarketFactory Financial Times
Aussie Trading Slightly Lower In The Morning Session Action Forex
Forex Trading: How To Get Started Without Losing Your Shirt 2oceansvibe News
Mid-Day Update: Trade optimism bubble, Oil rallies on a somewhat bullish EIA report, Gold hovers, Bitcoin remains vulnerable - MarketPulse
Mid-Day Update: Trade optimism bubble, Oil rallies on a somewhat bullish EIA report, Gold hovers, Bitcoin remains vulnerable MarketPulse
US-Sino Trade Negotiations Turn Nasty DailyForex.com
Forex Trading for Beginners Yahoo Finance
Currency Trading for Beginners Benzinga
What Is Forex Trading and How Does it Work? - RushPRnews.com
PayPal's former finance chief says Bank of America closed his account with 'absolutely no explanation' | Currency News | Financial and Business News - Business Insider
PayPal's former finance chief says Bank of America closed his account with 'absolutely no explanation' | Currency News | Financial and Business News Business Insider
How to Invest in Forex | The Smarter Investor U.S. News & World Report
Is forex trading profitable? Capital.com
Retail forex trading set to go live today Economic Times
A Guide to Trading Forex in Canada Benzinga
How Does Forex Trading Work? FinSMEs
Learn the Basics of Trading Currencies FX Empire
Forex tips for trading the GBP/USD ForexLive
Your first 5 minutes as a forex trader ForexLive
Never lose hope in currency trading business Rocky Mountain Collegian