 |
 |
 |
 |
|
| « August 2008 » | | | | | | | | | | 1 | 2 | 3 | | 4 | 5 | 6 | 7 | 8 | 9 | 10 | | 11 | 12 | 13 | 14 | 15 | 16 | 17 | | 18 | 19 | 20 | 21 | 22 | 23 | 24 | | 25 | 26 | 27 | 28 | 29 | 30 | 31 |
|
|
|
 |
 |
|
|
|
|
|
|
|
 |
|
 While many investors imagine that comprehensive forex training courses will require exorbitant amounts of time and money, that assumption could not be further from the truth. Indeed, in an increasingly Internet-intensive economy, it should come as no surprise to savvy investors that the most experienced forex educators offer their most effective learning tools online. That means that learning to trade on the forex is now not simply more affordable than ever before, but more convenient as well. Of course, not all online forex courses are equal. Happily, discerning the leading forex training courses from the also-rans is not difficult. The key is to focus on forex education firms that emphasize results over empty promises, experience over breathless hyperbole, and customizable analytic tools over one-size-fits-all software.If you take the time to identify and avail yourself of the top forex training courses, you will likely discover why so many smart investors have already done so. After all, while somewhat tricky, the forex offers an unsurpassed opportunity for educated investors to grow wealth in a way that is far more aggressive than traditional securities trading. Not for nothing has the forex become the largest and most liquid market in the entire world.With your financial future on the line, the time to consider investing in this one-of-a-kind market is today. Take the time to do as much independent research as you can, and approach all firms with a measure of skepticism. Only by doing so can you guarantee yourself the benefit of working with the best forex companies in the business. |
|
|
|
|
|
|
|
Foreign Exchange (FOREX) is the arena where a nation's currency is exchanged for that of another. The foreign exchange market is the largest financial market in the world, with the equivalent of over $1.9 trillion changing hands daily; more than three times the aggregate amount of the US Equity and Treasury markets combined. Unlike other financial markets, the Forex market has no physical location and no central exchange (off-exchange). It operates through a global network of banks, corporations and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one zone to another in all the major financial centers.
Traditionally, retail investors' only means of gaining access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment purposes. Trading volume has increased rapidly over time, especially after exchange rates were allowed to float freely in 1971. Today, importers and exporters, international portfolio managers, multinational corporations, speculators, day traders, long-term holders and hedge funds all use the FOREX market to pay for goods and services, transact in financial assets or to reduce the risk of currency movements by hedging their exposure in other markets
|
|
|
|
|
|
|
|
 The investor's goal in Forex trading is to profit from foreign currency movements. Forex trading or currency trading is always done in currency pairs. For example, the exchange rate of EUR/USD on Aug 26th, 2003 was 1.0857. This number is also referred to as a "Forex rate" or just "rate" for short. If the investor had bought 1000 euros on that date, he would have paid 1085.70 U.S. dollars. One year later, the Forex rate was 1.2083, which means that the value of the euro (the numerator of the EUR/USD ratio) increased in relation to the U.S. dollar. The investor could now sell the 1000 euros in order to receive 1208.30 dollars. Therefore, the investor would have USD 122.60 more than what he had started one year earlier. However, to know if the investor made a good investment, one needs to compare this investment option to alternative investments. At the very minimum, the return on investment (ROI) should be compared to the return on a "risk-free" investment. One example of a risk-free investment is long-term U.S. government bonds since there is practically no chance for a default, i.e. the U.S. government going bankrupt or being unable or unwilling to pay its debt obligation. When trading currencies, trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back the other currency in order to lock in a profit. An open trade (also called an open position) is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position. However, it is estimated that anywhere from 70%-90% of the FX market is speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency. |
|
|
|
|
|
|
|
Where do you start if you want to learn Forex trading online?
