For those that are looking for an exciting way to invest – Forex definitely delivers. Forex stands for foreign exchange and it is the world’s largest financial market. Forex is quite different from investing in the NYSE or NASDAQ because Forex takes place at dozens of locations all over the world. In fact, most traders are day traders that trade…
Tag: Currency
Avoid Forex Currency Trading Scams
Forex Currency trading swindlers often attract customers through advertisements in local newspapers, radio promotions or attractive Internet sites. These particular advertisements may flaunt low-risk high-return investment opportunities in foreign currency trading. They may even offer high paid currency-trading employment opportunities. Be very skeptical when promoters of foreign currency trading claim that their services or account management will earn high profits…
Emotional Get Ready To Lose Your Shirt In The Forex Game
“Go with your gut.” Yeah right. That’s advice to doom you at the currency exchange game. When it comes to forex trading, that’s a trading strategy that is bound to lose you money – unless your gut is highly trained and impervious to emotion. The trick to making money in the currency exchange market is to avoid making emotional decisions…
Forex Basics Part 1
This is the first in a series of articles that are intending to introduce beginning traders to all the essential aspects of foreign exchange. I will start by identifying and defining the essential aspects of foreign exchange trading, and key components that you will be exposed to as a forex trader. Forex is an acronym for Foreign Exchange. The foreign…
Currency Exchange Rates Ins And Outs
Are you planning a trip abroad? If you so, you might want to know the current currency exchange rates so you can plan ahead for your financing needs. Your money is usually not worth the same in different countries as it is in the country where you live. It’s a good idea to know the value of your dollar before…
What Is Forex Get Rich
Although forex is the largest financial market in the world, it is relatively unfamiliar terrain to retail traders. Until the popularization of internet trading a few years ago, FX was primarily the domain of large financial institutions, multinational corporations and secretive hedge funds. But times have changed, and individual investors are hungry for information on this fascinating market. What makes…
Savvy Tactics To Minimize Whopping Forex Losses
Forex trading has one goal: to make money. Unfortunately, like any speculative venture, there is a potential for loosing money. The same holds true with the stock market the commodities market, and the money market. Any investment that entices of great gain poses a certain level of risk. As a forex trader you want to minimize your chance of risk.…
Runescape Economy
The RuneScape economy is quite similar to real world economics. One difference, however, is that skill development is encouraged along side wealth accumulation. Various currencies are used regionally throughout RuneScape. Inflation is controlled by various means, as is the economy in general. The base of the economy is comprised of potatoes and wheat, then fish, logs, ores and coal and…
The Foreign Currency Exchange Market What Is It All About
You’ve likely heard of the Foreign Currency Exchange Market, but do you know what it’s all about and how to participate in it? Some people do, but many don’t know that the world’s currencies are traded almost every day of the week around the clock. There is a lot of money changing hands across the globe by simply predicting whether…
Forex Can You Make Some Quick Money
It is a little known fact that the foreign exchange market, trading upwards of $2 trillion daily, is the largest and most liquid in the world. Until recently, small, risk oriented investors were unable to tap into this market because of the size of transactions and stiff financial requirements for entry. That has all changed. Entry requires only a minimal…