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Thursday, June 24, 2010

Forex Trading is the largest financial market in the world

Forex trading or currency trading is a great business. With a turnover of more than $ 2 trillion per day, forex trading is the largest financial market in the world, far bigger than the stock market, commodities and other financial markets. With the development of internet technology, now anyone can do it from home. Plus a margin trading system by using leverage and a very small value of the contract, allow investors with relatively small funds. A few broker allow us to trade from small margin, you can even start with $ 1 only!


How I can benefit from Forex Trading?

One of the advantages is the existence of two-way forex trading. This means that, unlike conventional trade which always starts with buying and then selling, Forex allows investors to sell first and then close the transaction with the purchase. Thus, regardless of market conditions, investors can always make money.

Example: If you predict the EURUSD will go up, so take an open buy position. If your prediction is correct, then when the EURUSD really up, then you earn a profit by closing with close-sell transactions. Conversely, if you predict the EURUSD will fall, so take a position open sell, close buy and close it with.

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1 comment:

  1. thanks for telling about Forex Trading. have been thinking to start it as well long ago!

    ReplyDelete

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