Tuesday, March 29, 2011

WHAT IS FOREX

More exactly, FOREX is a money trading market, & it is one of the largest & most quickly developing markets on the planet. Over 2.5 trillion dollars are turned over on the foreign exchange every single day. That is over 100 times the amount turned over every day on the NASDAQ. In the event you are intrigued, you can click here & get more detailed market information from Forex4you.

So, what is a market? Simple: it is a place where goods are traded. The foreign exchange is no different, but with one small twist: the goods traded on the foreign exchange are national currencies. For example, on the foreign exchange you might pay in American dollars & buy some Canadian dollars. Or, you could sell your euros for Japanese yen. There is nothing more to it than that.

How do I make a profit using the foreign exchange?
Again, the answer is obvious: as with any market, you make money by purchasing low & selling high! Buy for less, sell for more! All you do is take advantages of fluctuations in the relative values of world currencies. Each currency's value changes every day in the money exchange market. All you require to do is use these fluctuations to your advantage.

One thing we'd like to mention about money exchange on the foreign exchange. These every day fluctuations are actually 100 times greater than the actual fluctuation (for example, around 1%). Usually speaking, Forex4you can offer trading ratios of between 1:10, 1:100, 1:200 & 1:500. So let's do the math: if the exchange rate of your given pair of currencies increased by 0.6% over the last few hours, then you'll bag a profit of 60% on your original investment! All of this can happen over the work of a single business day, or as quickly as a matter of minutes.

& another thing: you have the power to choose your pair of currencies, & their amount, based on which way the market's headed, & still turn a profit. It makes no difference which way the exchange rate is headed, down or up, because you always have the choice of buying US dollars & selling Yen, or the other way around - buy Yen & sell US dollars. & no, you require not actually own any particular currencies, or "have" them in hand, in order to make transactions with them on the foreign exchange (to buy them or sell them).

& best of all, you don't risk losing anything over your margin! There is absolutely no limit to your feasible profits, but you seldom risk losing anything beyond what you originally invested.

So, how do I start?
You register with Forex4you! They offer the simplest & quickest registration online, with absolutely no obligations. One time you are registered, make a deposit of the margin amount you choose to start trading with, & you can start. & only Forex4you lets you make your deposit along with your credit card & start trading in 2 minutes.

It doesn't get any simpler. But in the event you do require assistance, they offer as much customer support & one-on-one training as you require. & in case Forex4you your assistance won't come from a computer, but from a living, breathing human being, who speaks your language.

How do I trade on the foreign exchange?
For starters, you choose which one currencies you require to make a deal with on the foreign exchange. You choose the amount of the deal you'd like to make (called the "volume"). You make a deposit to provide the collateral needed for the deal, called the "margin." In most cases, this is a fraction of the general amount of the deal, for example, 1%, or 1:100.

You still have the power to "freeze" the deal for several seconds before you finalize it. Freezing lets you fine-tune the terms or to accept them as they are. Or, you can call the whole thing off, & cancel the deal. Freezing is a feature offered exclusively by Forex4you. While your deal is still running, you have a so-called "open position." This means that you are able to follow your deal's status & scenarios online at any time. You can make changes to the deal's terms, or you can basically cancel it & either pocket any profits, or minimize any losses. What is more, Forex4you lets you set a "take-profit" rate. When & if the market reaches this rate, your deal will close automatically, allowing you to be away from your computer while you have an "open position."

Prepared to learn more, or find additional training online. register with us, with no obligation, & they will lead you through the technique step-by-step.
Click here to read success tales of actual people.

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