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Friday, September 26, 2008

FOREX SECRET MADE EASY

INTRODUCTION
The foreign exchange market also referred to as “FOREX”or “Retail Forex” or “FX” or “Spot FX” is the largest financial market in the world, with a volume of about $5.5 Trillion a day. If you compare that to the $ 30 billion a day volume that the New York stock exchange trades, it actually equates to more than three time the total amount of the stocks and future markets combined
WHAT IS FOREX TRADING
The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer. They are traded in pairs. For example, the euro against the US dollar (EURO/USD)

ADVANTAGES OF FOREX TRADING
(1) NO COMMISSIONS
(2) NO MIDDLEMEN
(3) NO FIXED LOT SIZE
(4) A 24HOURS MARKET
(5) NO RISK MANAGEMENT
(6) TWO-WAY PROFITABILITY
(7) HIGH LIQUIDITY
(Cool MARKET TRANSPAREENCY
(9) SPEED OF EXECUTION
Forex trading is the best home based business in the whole world
A. You are your own boss.
B. You do not need any customers.
C. You do need employees.
D. You can operate from home, work, vacation or any place in the world as long as you have a high speed internet connection.
E. You do not have to worry about job security.
F. You decide which days you wish to work.
THE BASIC ORDER TYPES
A. Market order (instant execution)
B. Limit order (pending order)
C. Stop loss order
D. Target profit order
WHAT DO YOU NEED TO TRADE FOREX?
A. QUALITY TRAINING
B. QUALITY MANUAL
C. COMPUTER WITH INTERNET CONNECTION.
D. START-UP CAPITAL (MUINIMUM OF $100).
E. GOOD INDICATORS
You can make up $1000 US dollars a day if you know what you are doing and if you have this quality manual. You can buy this manual to help you trade in forex. The name is KEY TO YOUR SUCCESS.

1 comment:

Caroline said...: You have a very interesting blog about working from home, you have some good ideas I'll try.

This blog has an interesting idea which basically involved buying items for $0.01 with free shipping and then reselling them for $2.50, you might find it useful also.

Work from Home eBay Blog; October 3, 2008 at 3:56 PM

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