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mardi 22 juillet 2008

Forex Trading


Forex Trading is one of the hottest investment opportunities available. With a small initial investment traders can realize quick profits at relatively little risk. To be a successful Forex trader, however, requires knowledge and skill. The Forex Aid website will help you gain both.

Easy Forex

FOREX is an acronym for Foreign Exchange. The foreign exchange market is a worldwide forum for trading currencies against each other. This can give quick profits because currencies are continually changing in price.

The volume of trading on the FOREX is astounding. Each day - 5 days a week - transactions worth about US$1.5 trillion dollars are handled on the foreign exchange market.

To give you a comparison, the United States Treasury Bond market does about $300 billion a day in business and all of the American stock exchanges combined total a mere $100 billion a day.

This means that the FOREX is the single largest investment market in the world.
How Does FOREX Work?

Forex traders always buy and sell currencies in pairs. They may buy American dollars against Swiss francs, or sell Canadian dollars against the UK pound. Forex trading can be profitable because there is always movement on the currency market.

Forex profits can be made on both falling and rising currency prices. This is possible because Forex traders can buy or sell any currency. If they believe a currency is set to fall in price they will sell that currency while buying another. Conversely if they think the currency price is due to rise they will buy that currency and sell another.

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