Saturday, February 24, 2007

Does the average person understand the forex market. Why donamp;#39;t more people trade? -

Is it a market that s out of reach of the regular market? I think it s getting popular. At least I got drawn into when I saw my friends doing very well. Forex Trading is serious business and being so volatile, unless you equip yourself with good knowledge and some good aids like software and books, it will be difficult to make good money. The forex market is something new to the retail investor. It is like anything an art and a science you need to master Yes although I have been investing for the last ten years I would recommend http://www.theinsidercode.com if you really have the time to learn the game. Mac will teach and coach you until you feel confident in reading the charts. However if you are new and have no time to moniter the markets I would suggest http://krore.forexrobot.hop.clickbank.ne... a unique automated robot that trades for you. In the last one year of using it I have not been able to get the huge gains of 200% per month as some others but I have got a conservative 50% profit on my $1000/- investment using a mini lot and am planning to increse my invest to $10,000/- and using a standard lot. Do not worry if you do not understand the terms mini lot and standard lot because there is also the micro lot if you want to start with only $100/-. The programme comes with a free course which will teach you all these basics. Best it comes with a 58 days money back guarantee. Test it for 50 days on a demo account and if you are not happy with your results get a full refund. http://krore.forexrobot.hop.clickbank.ne... Well a lot of people do trade the market. You just do not hear about it much due to its recent populatiry relative to stocks and other markets. Forex is more volatile than most other markets so you have constant, 24 hour, 5 days a week moving market. More winners and also more losers. You also have to add the fact when trading you a dealing with two different currencies that are affected by two different economical changes. So it is a constant awareness game and it is constantly changing. Trying to make money out of the £:$ rate is probably difficult enough.Even if you can guess which way it s going to move.What about £:$:Euro ? To work that out don t you need to be able to do simultaneous equations.

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