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ewheat
Joined: 15 Nov 2012
Posts: 10
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 Posted: Thu Nov 15, 2012 12:24 pm Post subject: FOREX |
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FOREX
The foreign exchange market (forex or FX for short) is one of the most exciting, fast-paced markets around. Until recently, forex trading in the currency market had been the domain of large financial institutions, corporations, central banks hedge funds and extremely wealthy individuals. The emergence of the internet has changed all of this, and now it is possible for average investors to buy and sell currencies easily with the click of a mouse through online brokerage accounts.
Daily currency fluctuations are usually very small. Most currency pairs move less than one cent per day, representing a less than 1% change in the value of the currency. This makes foreign exchange one of the least volatile financial markets around. Therefore, many currency speculators rely on the availability of enormous leverage to increase the value of potential movements. In the retail forex market, leverage can be as much as 250:1. Higher leverage can be extremely risky, but because of round-the-clock trading and deep liquidity foreign exchange brokers have been able to make high leverage an industry standard in order to make the movements meaningful for currency traders.
Extreme liquidity and the availability of high leverage have helped to spur the market's rapid growth and made it the ideal place for many traders. Positions can be opened and closed within minutes or can be held for months. Currency prices are based on objective considerations of supply and demand and cannot be manipulated easily because the size of the market does not allow even the largest players, The forex market provides plenty of opportunity for investors. However, in order to be successful, a currency trader has to understand the basics behind currency movements.
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dianneazuma54
Joined: 22 Nov 2012
Posts: 10
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| Posted: Thu Nov 22, 2012 6:38 am Post subject: |
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I would like to know which forex companies are good and popular in south India?
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Zavier
Joined: 01 Dec 2012
Posts: 12
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| Posted: Sat Dec 01, 2012 9:41 am Post subject: |
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I am so much interested about Forex business. I think this business have some complexity. So, I am not to much brave about it. Moreover, I want to start Forex business.
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babynancy543
Joined: 15 Dec 2012
Posts: 12
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| Posted: Sat Dec 15, 2012 9:01 am Post subject: |
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Strategy Five: Choose the right forex dealer. Make sure that they are regulated by the law. Take not of dealers with investment schemes that give out too-good-to-be-true-just-false-hopes promises. Look at investment offers before getting started.
Forex trading may seem easy and manageable. But the emotional stress, the demands and challenges of being a forex trader requires more than just the knowledge of the market. It requires more than just a keen and sensible head for business. It’s all about a gameplan, a strategy
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