What is Forex?

The market:-

The currency trading (FOREX) market is the biggest and the fastest growing market on
earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than
the NASDAQ daily turnover.

FOREX is one of the latest crazes to sweep the world. Unlike the stock market which is
often ruled by those with inside knowledge, FOREX gives everyone an equal footing,
you can make good money even with very little experience.
FOREX is a thrill ride that just has to be experienced!


So, I'm not trading in companies?
No, The Forex goods (or merchandise) are the currencies of various countries. You buy
Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.
No expert knowledge of an industry is needed, that is the beauty of FOREX, thousands
can be made whether you are 18 or 80!

How does one profit in Forex?
Very simple and obvious: buy cheap and sell for more! The profit is generated from the
fluctuations (changes) in the currency exchange market.

The nice thing about the FOREX market, is that regular daily fluctuations, say - around
1%, are multiplied by 100! That gives you absolutely massive earning potential!

If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the
last 4 hours, your profit will be 60% on your investment! Such can happen in one
business day, or in a few hours, even minutes!

Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts,
but you never lose more than what you initially risked and invested.