Simple Steps for a Profitable Trading by Louizos Alexander Louizos - HTML preview

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Dear Friend,


I would like to personally welcome you to the fascinating world of Forex trading. If


you’ve been involved in the investment world for any length of time, I’m sure you’ve heard the


term Forex thrown around, but what exactly is Forex?


Forex stands for FOReign EXchange. In the simplest of definitions, it is the simultaneous


buying and selling of a currency pair (e.g. EUR/USD), hence the term currency trading. It is a


continuous physical occurrence taking place in the global economic system.


For example, when a tourist travels from Europe to the USA and exchanges euros for


dollars, he becomes a potential trader of Forex. Similarly, when a US company needs to exchange


dollars before exporting goods to Europe or Japan, it too takes an active role in the foreign


exchange market.


With this in mind, every currency pair has a price which is determined by the law of supply


and demand, globally. If the demand for a particular currency is high then it gains value.


Conversely, if a currency is in abundant supply, its value declines.


Currently, Forex is the most liquid of all markets with trading volumes surpassing the 3


trillion dollar mark, every single day. To put things in perspective, this is more than the NYSE and


the NASDAQ combined!


Until recently, currency trading was confined to banks and large financial institutions.


However, since the advent of the internet, many OTC brokerage firms have sprung up allowing the


everyday trader, or speculator, to actively participate in this market.


Due to its large trading volumes, Forex has become a very popular investing opportunity.


The potential for profit is enormous, but as with anything involving large gains, the risks are


equally amplified. This is what makes this type of investment so attractive to some, whereas others clearly shy away from it.


A thorough evaluation of the system’s inner workings must be undertaken by anyone who’s


hoping to profit from Forex. This involves sound education, discipline, and most of all practice.


With these three things combined and the right mentor, anyone can learn to consistently make


money from the frequent and often “wild” swings, of our global economy.


To learn more about how you can start profiting from Forex trading, be sure to read the rest of this




To your trading success, 00001.jpgLouizos Alexander Louizos