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Each day is presented as a detailed video run-thru, each of which can be fully
back-checked using the historical display available in most charting software.
See the proof first hand, confirm the validity of our results and mirror our
success.
The global forex market is
the sum of all the money that travels between all of the countries of the world
every day - around $2 TRILLION of it. "Hard cash" is required at the close of
every deal.
Just like any other product, the
price of money can go up and down according to demand. Since 1997 the market has
been opened up and leveraged so that now everyone can get involved - with as
little as $200 - $300 down. Even that $200 now has massive buying power – up to
$20,000 or even more. In fact, the leverage (trading multiple) allowed in forex
is bigger than in any other market - up to 200:1, compared with 8 to 10:1 for
futures and a miserly 2:1 for equities.
You can make just as much profit on a currency going down as going up in value.
Try that trick on your equity portfolio
There are no extra commission costs involved such as those with futures. It’s
just one narrow spread paid automatically on one side of each trade
Because of the immense market size you are virtually guaranteed to get a
virtually instantaneous fill on your trades – no more waiting for someone to
take that stock or option off your hands
Trading is carried out over the internet - however and wherever you like - so…
… no more ringing up harassed brokers to place your business (unless you want
to, of course).
The market trades 24 hours a day through the week, Monday to Friday. Tokyo to
London to New York – the sun never sets on the forex market. You can trade in
the morning, afternoon or evening, whatever suits you. And you can trade full or
part time – forex can fit in with you rather than you having to work around
particular exchange opening hours
The market moves in forex tend to be strong and long lasting, unlike many in the
index futures markets which can often be hesitant and short lived
The main forex brokers offer guaranteed entries and exits on stops and limits.
That means the numbers you feed into the system will be the numbers actually
traded, without the ‘slippage’ so often seen in futures trading
The markets themselves are very simple. There are just four main traded currency
pairs – the ‘majors’ – making up the bulk of the market so it’s nothing like the
mammoth task involved in studying the 40,000 or so stocks on the New York Stock
Exchange, for example. Forex might be very big, but it’s also very simple. Think
of it as being the supertanker of traded markets
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