When there is a chance to make a lot of money, there are always people who are eager to start making money right away. And where people want to get rich quickly with little work on their part, there are scammers ready to take their money. Scams...
If you haven't been living under a rock for the past ten years or so, you've probably heard the word forex. Before the Internet, almost no one had even heard the word, let alone knew what it meant. But now, it seems like everyone and their...
Have you ever wondered what happens on the Forex market? You might be interested in trading but don't know where to start. Well, you wouldn't believe it, but it's very easy and you don't even need money to start. Let me tell you a little bit...
Before recently, the forex market, also called the foreign exchange market, wasn't for the average trader or speculator. Due to the large minimum transaction sizes and often strict financial requirements, the main participants were banks, hedge...
The stock market is where most people first learn how to trade money. After all, it is the world's oldest and biggest financial market. Wrong! The foreign exchange market trades more than $2 trillion (with a "T") every day. It has been around...
One of my list members asked me the following question today:
"You talked about the foreign exchange cash market and how it is basically a market between banks in different countries. Does this mean, for example, that the exchange rate...
How to read currency-pair quotes is one of the hardest things for people who are new to forex to figure out. Most of us are used to seeing one price for an item, like $1.89 for a loaf of bread or $39.50 per share for a stock, etc. But in these...