A Little Something Something!!! :D

[mayoush.rifai]

Before we start talking about how we can make profit trading Forex, it'd be a good idea to define precisely what we are talking about...

You probably have already made exchanges between several currencies. I, for
example, have often loaded a debit card in US dollars to withdraw at the ATM in
Euros. And each time, the final amount I am able to withdraw depends on the
value of the Euro compared to the US Dollar. 100 USD may not be worth the same
amount in Euros today and tomorrow...

Well the Forex market is exactly about this: the value of one currency against
an other... You buy or sell a currency depending on the value you expect it to
have compared to an other currency. These are called currency pairs.


QUOTE - - Definition: The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and
includes trading between large banks, central banks, currency speculators,
multinational corporations, governments, and other financial markets and
institutions. The average daily trade in the global forex and related markets
currently is over US$ 3 trillion.

Important: Manual forex trading is a difficult activity. During your learning
period, ALWAYS trade on a demo account (where no real money is at stake). And
if you do not feel confident enough, or if you do not have the time to trade
seriously, have a look at the auto trading thread for some tools that do not
require you to trade by yourself.

[andecolink]

Did your loved ones have a little something on their wish lists for the
holidays? A stuffed animal for your little one or a camera for your
teen, perhaps.

[ali200]

Yes, it is possible to make money trading forex, but... you will need a lot of luck to make some. And believe me or not, but LUCK is the major factor (about 95% in my opinion) deciding whether you will make a profit or loss.

Edited March 9, 2013 by JamesB