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Forex trading is a currency market that has a daily turn over of over $2billion dollars. It is an over the counter market that is done electronically, at various time zones and regions around the world. The volatility of this market makes it an interesting investment for big time investors.
It involves the trading of one currency over another, such as US dollar (USD), Pound (GBP), New Zealand
Forex is not a get rich quick market as some quarters have had you believe. The profit markup is high no doubt, as well as the losses. No one could claim to be a guru without having his fingers burnt in the trade, what separates the expert from the mediocre is the style of trading and the information at their disposal. Here I would be giving you a down to earth approach to FX trading and the challenges I have had to face, how to minimize your loss, this is inevitable and make profit sure.
I would be exposing to you the realities of FX trading, and why you should not follow the crowd. Sometimes the best way forward is to take a reverse direction.
There are a lot of sites that you may have come across that explains the FX market to you, but right here I would give you the opportunity to have a first hand information on the intricacies and rudiments to a successful trading.
I do not claim to be the best, but with my strategies you are guaranteed over 70% profit of your investment.
I would like you to keep a date with this blog, and bookmark it so as to get informed each time a post is made. If you had had your fingers burnt in Forex trading, this is the best place to be, as you would be tutored on the realities in currency trading.
My next post we would be looking at the terminologies in FX trading and other requirements. Remember Information is what gives you an edge in business.
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