Monday, April 18, 2011

Currency Trading : Important: be aware of the risks

Currency Trading : Important: be aware of the risks

Currency Trading For Dummies  Mike McMahon - Manage Your Foreign Currency Risk  FOREX Best Trend-Following Robot trades online, 24 hours a day. Fully Automated Currency Trading System - No programming required - Plug and Trade - Make money from home with No Stress
Finally, it cannot be stressed enough that trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, we recommend that you seek advice from an independent financial advisor.
The Little Book of Currency Trading: How to Make Big Profits in the World of Forex (Little Books. Big Profits)

Currency Trading : How is Forex traded?

Currency Trading : How is Forex traded?
Leeb's Cash Cow (Three Yards and a Cloud of Dust)  Getting Started in Currency Trading: Winning in Today's Forex Market  How Kroll Traded $18K Into $712,789 In Futures!

The mechanics of a trade are virtually identical to those in other markets. The only difference is that you're buying one currency and selling another at the same time. That's why currencies are quoted in pairs, like EUR/USD or USD/JPY. The exchange rate represents the purchase price between the two currencies.
 the EUR/USD rate represents the number of USD one EUR can buy.
If you think the Euro will increase in value against the US Dollar, you buy Euros with US Dollars. If the exchange rate rises, you sell the Euros back, and you cash in your profit. Please keep in mind that forex trading involves a high risk of loss.

Currency Trading : Forex in a nutshell

Currency Trading : Forex in a nutshell
Forex Strategy 10: Low Risk/High Return Currency Trading  The Insider's Guide to Forex Trading  Forex Patterns and Probabilities: Trading Strategies for Trending and Range-Bound Markets (Wiley Trading) 

The Forex market is the largest financial market on Earth. Its average daily trading volume is more than $3.2 trillion. Compare that with the New York Stock Exchange, which only has an average daily trading volume of $55 billion. In fact, if you were to put ALL of the world's equity and futures markets together, their combined trading volume would only equal a QUARTER of the Forex market. Why is size important? Because there are so many buyers and sellers that transaction prices are kept low. If you're wondering how trading the Forex market is different then trading stocks, here are a few major benefits.
  • Many firms don't charge commissions – you pay only the bid/ask spreads.
  • There's 24 hour trading – you dictate when to trade and how to trade.
  • You can trade on leverage, but this can magnify potential gains AND losses.
  • You can focus on picking from a few currencies rather then from 5000 stocks.
  • Forex is accessible – you don't need a lot of money to get started.
  • The Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups (Wiley Trading)

Currency Trading : What is Forex?

Currency Trading : What is Forex?
How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life (Wiley Trading)  Beat the Forex Dealer: An insider's look into trading today's foreign exchange market (Wiley Trading)  Forex Trading Made Simple: A Basic Guide On How To Profit From Foreign Exchange 
You may have noticed that the value of currencies goes up and down every day. What most people don't realize is that there is a foreign exchange market - or "Forex" for short - where you can potentially profit from the movement of these currencies. The best known example is George Soros who made a billion dollars in a day by trading currencies. Be aware, however, that currency trading involves significant risk and individuals can lose a substantial part of their investment. As technologies have improved, the Forex market has become more accessible resulting in an unprecedented growth in online trading. One of the great things about trading currencies now is that you no longer have to be a big money manager to trade this market; traders and investors like you and I can trade this market.
How to Get Started in Forex Trading for SmartAsses! - Learn Everything You Need to Know to Get Started in Forex Trading...

Currency Trading : What you should know before you get on board.

Currency Trading : What you should know  before you get on board.
Currency Trading For Dummies  How to Master Forex Trading  How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life (Wiley Trading)

First of all, it's important that you understand that trading the Foreign Exchange market involves a high degree of risk, including the risk of losing money. Any investment in foreign exchange should involve only risk capital and you should never trade with money that you cannot afford to lose.

Currency Trading : Why Currency Trading Is Not For Everyone

Currency Trading : Why Currency Trading Is Not For Everyone
How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life (Wiley Trading)  FOREX Best Selling Trading Robot - Trade Currency online 24 hours a day with the same system the Pros use to scalp the market.  Fully automated - No programming required - Plug & Trade. Make Money from home with No stress  Currency Trading For Dummies®
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, it is advisable to seek advice from an independent financial advisor.
FOREX Best Selling Trading Robot - Trade Currency online 24 hours a day with the same system the Pros use to scalp the market.  Fully automated - No programming required - Plug & Trade. Make Money from home with No stress

Currency Trading : Why Trade Currencies?

Currency Trading : Why Trade Currencies?
Free Trade Doesn't Work, 2011 Edition: What Should Replace It and Why  Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market  Casio DM-1200MS-S-IH Tax and Currency Exchange Calculator

Forex is the world's largest market, with about 3.2 trillion US dollars in daily volume and 24-hour market action.  Some key differences between Forex and Equities markets are:
  • Many firms don't charge commissions – you pay only the bid/ask spreads.
  • There's 24 hour trading – you dictate when to trade and how to trade.
  • You can trade on leverage, but this can magnify potential gains and losses.
  • You can focus on picking from a few currencies rather than from 5000 stocks.
  • Forex is accessible – you don’t need a lot of money to get started.
  • Garmin nĂ¼vi 1450LMT 5-Inch Portable GPS Navigator with Lifetime Map & Traffic Updates

Currency Trading : Example of a Forex Trade:

Currency Trading : Example of a Forex Trade
Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market (Wiley Trading)   Finding Profits in Forex: Combining Elliott Wave and Fibonacci to Pinpoint Winning Trades  FOREX Best Selling Trading Robot - Trade Currency online 24 hours a day with the same system the Pros use to scalp the market.  Fully automated - No programming required - Plug & Trade. Make Money from home with No stress

The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. If the exchange rate rises, you will sell the Euros back, making a profit. Please keep in mind that forex trading involves a high risk of loss.
Why Trade Forex?