Currency trading can make you rich: My Journal(7)
Whats the risk?The only risk in currency trading is, you make deficit when the currency value stay low and the currency market closed(during weekend). When the market closed, you cannot sell that money anymore. so you have to buy new amount when the market open again. So you have to be careful.
Thats all for now, be with me again soon because i will tell you more about currency trading in my next post titled
"Ask your self, do i really want to get into currency trading?" i will post it in no time. just check back soon ok.
Regards,
Rich sense
Currency trading can make you rich: My Journal(6)
How much can you profit?Well, its hard to tell exactly how much money you can make from currency trading. But average earning for an average money trader claims they make $500 to $1000
PER DAY in less than 5 hours! Thats ofcourse depends on how much do you buy and how well do you make decision. The currency market trends also need to be considered when you make a decision.
In currency online trading, you dont need to do any marketing or selling or internet promotion to succeed. You dont need to spend thousands of dollars to do any internet promotion. You dont need any stocks or warehousing.
All that you've to do is open an account with one of the brokers. Then follow simple instructions to buy and sell the currencies. When the price of the currency is low, you buy. In a few seconds or minutes, the price may go up, and you may sell it and make a profit.
By doing so, in a day, you can easily make $500-$1000 by just buying, selling and trading these foreign currencies for about 3 or 4 hrs!
Thats all for now, be with me again soon because i will tell you more about currency trading in my next post titled
"Whats the risk?" i will post it in no time. just check back soon ok.
Regards,
Rich sense
Currency trading can make you rich: My Journal(5)
Currency trading goes onlineNowaday, more and more currency broker have their service online. You only need to make a surf to find out which company provides better service and good price, and good insider tips for you to make decision about buying which currency. Many of the company provide simulation software so you can practice your skill in trading currency. Some of them may provide auto-pilot software that can be set to automatically sell the currency when it reach certain profit margin...
Thats all for now, be with me again soon because i will tell you more about currency trading in my next post titled
"How much can you profit?" i will post it in no time. just check back soon ok.
Regards,
Rich sense
Currency trading can make you rich: My Journal(4)
Seeking professional broker?You can always look at your local listing for a "forex company"(foreign exchange) or currency trading company or currency broker company. Its really up to you. for a start, may be you can choose a company the one with minimum starting purchase
as your "test the water" starts. It is a good move to learn as much as you can about currency trading before you jump into trading currency only to find out that you loss all your money.
Thats all for now, be with me again soon because i will tell you more about currency trading in my next post titled
"Currency trading goes online" i will post it in no time. just check back soon ok.
Regards,
Rich sense
Currency trading can make you rich: My Journal(3)
How to start trading currency?To start trading money is simple. you just choose a professional broker and ask them to buy other country's currency on behalf of you. The starting amount is around $200 to $5000 to start. Yes, the price are varied from broker to another broker and that is when you have to choose with your heart and some research...
Thats all for now, be with me again soon because i will tell you more about currency trading in my next post titled
"Seeking professional broker?" i will post it in no time. just check back soon ok.
Regards,
Rich sense
Currency trading can make you rich: My Journal(2)
Why do you want to trade currency?Isn't that obvious? yes, you trade currency to make profit. It has been thousand years (and longer than that), mankind have discover that, in order to make profit, or get what she need for a living, she make something(ex. clothes) in order to exchange with other thing she needed(ex. foods). Yes, during ancient time, people don't use currency but they exchange stuff and that what they call barter system. The barter system meet its hard time when two people have different needs and cannot exchange stuff with each other.
After the first currency introduced, people trade stuff(buy or sell stuff using money). In that way, they can have anything they need, and pay using money. She can even sell the stuff with higher price to gain more money. At this time, people discover that, in order to have what ever they want, they need to make more money so in future, they can buy what ever they need. Thats when human buy something and resell it to gain more money.
So, why trade money? you ask. if you really learn, you will notice that, each country in this world have their own currency. Because of not every country use the same currency, each of the currency have different value compared to currency. One currency may be higher value than another currency, and it change with time.
Base on this, people starts to exchange(buy) their money into other country's currency when that country's currency have lower value. Then, when that particular currency's value rised,those money trader quickly exchange(sell) back their money into their own country's currency, or other country's currency that have lower value(or price) and gain profits...
Thats all for now, be with me again soon because i will tell you more about currency trading in my next post titled
"How to start trading currency?" i will post it in no time. just check back soon ok.
Regards,
Rich sense
Currency trading can make you rich: My Journal(1)
Currency trading? what is that?Currency Trading -
The act of exchanging the legal tender of one country for another.Let me explain to you in simple word. Currency trading is when you buy foreign country's currency(ex. other country than yours) at lower price, then, sell it when its price increase. But you know what...
Until six years ago, when the United States Congress passed a law and made it possible for the small investors and average citizen to participate in this currency day trading, only large banks, financial institutions, millionaires and billionaires were doing currency trading.
Currency day trading is the best kept Secret of the rich and powerful, international bankers, the money elite, who own and control all the banks, companies, corporations and foundations in the world.
Well if i were you, i will now become interested to this money making tool(buy money at low price, then sell it when its price increased) and start to think of how much money i can make in just buying and selling other country's currency(or should i say, other country's money?). Buy money, then sell it to gain profit. Interesting.
May be Thats all for now, be with me because i will tell you more about currency trading in my next post titled
"Why do you want to trade currency?" i will post it in no time. just check back soon ok.
Regards,
Rich sense.
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