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FOREX. Currency Market Trading. Forex Market . Currency is ultimate commodity Largest Market in the world Larger than all U.S. Markets Larger volume than all World Markets 97-00 $5B to $1.5Trillion Daily Volume Before Internet use…only Corporations and wealthy could trade.

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Forex l.jpg

FOREX

Currency Market Trading


Forex market l.jpg
Forex Market

  • Currency is ultimate commodity

  • Largest Market in the world

  • Larger than all U.S. Markets

  • Larger volume than all World Markets

  • 97-00 $5B to $1.5Trillion Daily Volume

  • Before Internet use…only Corporations and wealthy could trade


Why trade forex l.jpg
WHY TRADE FOREX?

  • 24 Hours a Day trading

  • 100:1 Margins

  • Use all the same market tools

    OCO

    Limits

    Stops

  • No short selling (1 uptick rule)


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Currency Pair(Example)

  • Base Currency

  • Quote Currency

  • Bid Price

  • Ask Price


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Disadvantages to FOREX

  • Not easy to learn

  • Most lose a lot of $$ at first before learning how it works

  • Hard to find big Long-Term trends for the conservative & passive trader

  • Better if you are a S/T Trader to take advantage of big margins


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Advantages to FOREX

  • Only trade in a few major currencies not thousands of Stocks

  • Flexible trading hours (24 hours / Day)

  • Minimal starting investment - $1000

  • Low transaction costs - $15 / Turn

  • Make money in both rising and falling markets


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