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 Fri. July / 01 / 2022
The Best Forex Brokers and FX Trading Platforms in 2022 ABC Action News Tampa Bay
9 tips to up your Forex trading game Nairametrics
What are the Benefits of Currency Trading for Corporate Leaders? Analytics Insight
Best MT5 Brokers for July 2022 - Trading Business 2 Community
4 Ways COVID Boosted Currency Trading Yonkers Tribune.
Stocks open slightly lower, continuing dismal start to year The Killeen Daily Herald
Latest Trends Of Bitcoin Trading In North Korea – Harlem World Magazine Harlem World Magazine
Find out how to calculate exchange rates with Clear Currency Eastern Daily Press
4 Reasons Environmentalists Care About Forex Trading Green Prophet
Asian shares mostly lower after pessimistic 'tankan' survey Spectrum News 1
Wealthsimple review 2022 MoneySense
Hong Kong Digital Asset Exchange Limited(HKD.com) Announces M&A with Technicorum Holdings, Creating USD 100 Million Valuation Company in Singapore - Digital Journal
Hong Kong Digital Asset Exchange Limited(HKD.com) Announces M&A with Technicorum Holdings, Creating USD 100 Million Valuation Company in Singapore Digital Journal
Currency Trading Today: Profit booking lending weakness in greenback; Sell USDINR futures for this target,... - Zee Business
Currency Trading Today: Profit booking lending weakness in greenback; Sell USDINR futures for this target,... Zee Business
Rupee hits a new low, may breach 79/$ mark Times of India
Bitcoin’s big bet: Is crypto trading basically gambling? Sydney Morning Herald
Mastering the Forex Market Finance Magnates
Basics of Forex Trading - Part 1 FX Empire
What are the Pros and Cons of Forex Trading? RealtyBizNews
How to hedge your portfolio with CFDs IG UAE (English)
RBI hits hard on Bitcoin, DeFi, crypto trading platforms Investing.com India
What is forex trading and how does it work? The European Sting
Moscow Limits Foreign-Currency Trading to Shore Up Struggling Ruble The Wall Street Journal
Forex Trading for Beginners: The Essentials Business Insider Africa
How to Know Which Currency Pair to Trade Startup.info
10 Best Forex Brokers for June 2022 Business 2 Community
Currency Definition | US News U.S News & World Report Money
AUD/USD Forecast: Australian Dollar Bounces Hard DailyForex.com
Is forex trading a way to make a living? Nairametrics
The Most Common Warning Signs of a Forex Scam Finance Monthly
Trading Forex vs Futures: Key Differences IG International
Currency trading in overdrive with dollar at highest level in two decades (NYSEARCA:UUP) - Seeking Alpha
Currency trading in overdrive with dollar at highest level in two decades (NYSEARCA:UUP) Seeking Alpha
BC: Tips for Success in Forex Trading Punch Newspapers
CEO Of Cryptocurrency And Forex Trading Platform Charged With Fraudulent Scheme Involving Over $59 Million - Department of Justice
CEO Of Cryptocurrency And Forex Trading Platform Charged With Fraudulent Scheme Involving Over $59 Million Department of Justice
FX trading: A loser's game? ETF Stream
How to Trade Forex TD Ameritrade
Forex Trading Hours: Limitless Trading in an Endless Market The Coin Republic
Best books to learn Forex Trading from scratch Free Press Journal
What is Hedging and how can it be used in Forex Trading? Deccan Herald
What Every Australian Forex Trader Needs to Know Analytics Insight
Forex Trading TD Ameritrade
Even the Foreign-Exchange Market Is Getting Kind of Crazy The Wall Street Journal
How To Compare The Relative Strength Of Currencies Finance Monthly
Why forex trading is not gambling Nairametrics
Russian Authorities Crack Down on Illegal Currency Trading The Moscow Times
Currency Investing Makes a Comeback | RIAIntel RIAIntel.com
Is forex trading halal or haram? The Armchair Trader
FOREX.com Review | The Ascent The Motley Fool
Five Important Facts About Online Forex Trading In New Zealand Otago Daily Times
How Currency Trading Works Investopedia
Changing the Top Global Currency Means Changing the Patterns of Global Trade - Carnegie Endowment for International Peace
Changing the Top Global Currency Means Changing the Patterns of Global Trade Carnegie Endowment for International Peace
Regulators tighten control on China’s US$30 trillion currency market South China Morning Post
What Is Forex Trading? A Beginner's Guide Investopedia
Inside the weird new world of social ‘forex’ trading—where you sign up friends, and some report risky red flags for investors - Fortune
Inside the weird new world of social ‘forex’ trading—where you sign up friends, and some report risky red flags for investors Fortune
15 Banks & Credit Unions That Exchange Foreign Currencies Business Insider
6 Questions About Currency Trading Investopedia
Forex Trading | Trade CFD on Forex Capital.com
Best Forex Trading Platforms In 2021 Yahoo Finance