Showing posts with label online foreign exchange trading. Show all posts
Showing posts with label online foreign exchange trading. Show all posts

Thursday, November 15, 2012

FOREX TRADING FOR BEGINNERS



HELLO & WELCOME PROSPECTIVE  FOREX TRADER

FOREX TRADING FOR BEGINNERS 

This is my very first blog in a series of Forex blogs explaining what Foreign exchange trading is, how Fx works, how lucrative Forex is, how to monitor Foreign exchange rates and how fast you can make money with Foreign exchange, if  you have the temperament for foreign exchange trading and some spare money to venture.

The stock exchange has always held a fascination for me especially when the bell rang. Only to see hundreds of men in suits who were standing-by idle, suddenly  leap into action. And whenever  the digital dashboard streams the cost of stocks and bonds, everyone just seem to be shouting buy, buy, buy. However.., the markets has changed and many ex stock market traders have migrated to the Foreign Exchange Market to become forex traders with its more than 2,7 Trillion USD daily turnover. Many people think or even say that to become a  Forex trader is  risky business but it is no different than selling shoes at a profit, or clothing at a profit or even selling a car at a profit. The beauty of online forex trading  is that you don't even have to leave the comfort of your home to trade anymore. It can be done directly from your study or your bedroom or even the kitchen table. All that is required is a laptop or a personal computer, a relatively fast internet connection and an account with a Forex principle and some spare cash  then you can start forex trading. I just heard you say, Ya right spare cash.

Trading Forex for beginners provides ideas to make money online. Many people just wonder, how to make quick money, but here is your practical opportunity to make money online  and earn money online without making an investment. If you are interested and willing  to try your hand at Forex trading don't hesitate, start right away, because there is not time like the present. You don't even need cash, just  sign-up with a Forex broker who can offer you a dry run. Meaning, they will teach you how to earn money online and spot you the money; as much as  $50 K virtual cash with which to trade, just to see how good you are at it. With this money you make actual purchases, you see the "Ask" and the "Bid" as well as the most important,  "Spread". You could make a bundle on cash very quickly but if you sucked, remember you didn't lose of your own money. If you did great, so sorry, unfortunately  you won't be sharing in the profits since it was virtual.

However, if you made a killing and had fun and you are convinced that you can do Forex Trading part time, then you should venture your spare money. Just six months to a year of forex trading would give you such great confidence and profits, that you may think of giving up your day job since you will be on your way to becoming a forex billionaire. You may even want to join the Forex Billionaires Club.

I highly recommend that you click on one or more of these links and select  a demo forex trading account since it won't cost you anything, and follow this blog for an online education in trading Forex 

Click on this link or one of the other links above, for  FREE online courses and forex practice accounts. Perhaps this is just  the encouragement you needed to  become a forex account manager.


Disclaimer!
NB! My blog is purely of an educational nature. It provides knowledge about Forex Trading and fills the educational gap that exists in currency trading. Any and all ideas shared on this blog are merely suggestions and are not to be acted upon without sound Foreign Exchange knowledge.   Please make sure that you understand the risks involved before committing to Forex Trading. Never venture cash that you cannot afford to lose. I cannot and will not take responsibility for your inability to trade foreign exchange nor for Profits & Loss.  I do not recommend forex funds, nor advise, neither provide tip for Forex trading. Enroll in a Forex course and become proficient before venturing your money. I highly recommend that you click on several of this links and create a practice account with one of them since it won't cost you anything