Monday, December 21, 2009

How does one profit in the Forex market?

Obviously, buy low and sell high! The profit potential comes from the
fluctuations (changes) in the currency exchange market. Unlike the stock
market, where share are purchased, Forex trading does not require physical
purchase of the currencies, but rather involves contracts for amount and
exchange rate of currency pairs.
The advantageous thing about the Forex market is that regular daily
fluctuations - in the regular currency exchange markets, often around 1% - are
multiplied by 100! (Easy-Forexm generally offers trading ratios from 1:50 to
1:200).

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