Forex Scams – How To Avoid Them
Published October 26, 2009There is plenty of opportunity for unscrupulous people to make money fraudulently by launching a forex trading scam. Unfortunately there are always people who will part with money too fast in the hope of making more, this is especially true when it comes to the stock market. However, we cannot assume that a system has to make money for everybody using it in order to be genuine. So what are the signs of a real scam?
Learn Forex Trading: Top Dog Trading Review
Published October 23, 2009
FREE 5 Day Video Trading Course
On commencing my foray into trading Forex markets, I was aware that fundamental analysis would not be a way that I could trade, but interpreting charts and their patterns was what I preferred. Query ‘Technical Analysis’ on the web and you will be swamped with material, but after much reading I discovered Top Dog Trading.
What made me decide to take this course to learn Forex trading?…. A variety of things besides the overwhelming need to trade better and to halt my run of losing trades; was that I had a good feel for what Dr Barry Burns was saying on his website and a significant amount of the teaching is supported by plenty of videos which makes it much easier to follow his chart interpretations. The other mandatory criteria for me is the background of the educator and creator of the training materials. Barry’s CV is impressive, a business man who trades professionally, he is also a highly regarded speaker and writer.
[wordbay]forex[/wordbay]
Forex Currency Basics Explained
Published October 22, 2009What is currency trading? Well, at its simplest it is exchanging one currency for another, just as you might do when going on vacation to another country. You sell your currency for the money of the place you are going to.
However, when people talk about forex (foreign exchange) trading or currency trading on the forex market, they generally mean something very different. In this case traders are constantly exchanging one currency for another (buying currencies and selling others) with the goal of making a profit when the exchange rates change.
It is a little like trading in stocks on the stock market. Stock traders usually buy and sell stocks very quickly compared with the average personal investor who will take the advice of a broker but often keep stocks for years or even decades.