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You may have heard of the global phenomenon known as the 'Forex' market. It seems evey man and his dog is having a go at making money from Forex.
It can be a very expensive business to learn and there are tons and tons of websites offering to make you rich. The trouble is they dont tell you the whole truth. They tell you the high points - how much its possible to win etc etc and they tell you how easy it will be with their system.
Well, it isnt easy at all. Yes, all you have to do is guess wether the currency is going up or down, but therin lies the problem, how to make the decision that gives you an 'edge'
This Item is an ebook that teaches you step by step how you could make money from the foreign exchange markets of the world. But also tells it to you straight. It shows you all the risks and the potential rewards. If you are at all interested in trading then this will tell you all you need to know to make the decision wether to trade or not.
Think of it this way, when you go away on holiday you invariably exchange your own currency for the currency of the country you are going to. Let's say you are a UK resident and you are going to Florida to see Mickey Mouse.
When you leave the UK, lets say you change £1000 into dollars - The exchange rate when you change it is 1.83 dollars to the pound so you get $1830. Now i want you to stretch the boundaries a bit - imagine you got to the USA and you won $3000 in the airport before you had spent a penny. You return home and you have spent the $3k but you still have the cash you took with you so you need to change it back.
When you go to change the money back you find that the pound has weakened and now the exchange rate is 1.79 dollars to the pound - you hand over your $1830 and amazingly you get £1022 back. So whilst you were away you actually made money.
Are you getting the picture?
Ok, that's only a small amount of money over a long period and you may think 'so what' - what if i told you that you could make that £22 in less than 5 minutes in the same way?
That's what happens every day in the foreign exchange markets around the world and they aren't playing with £22
This e-textbook takes you through all you need to know to start a profitable part time business dealing in the movements of the world major currencies. Unlike the stocks and shares market the FOREX market (Foreign Exchange) moves 24 hours a day and is much more 'trendy' in it's direction. Once a move has started it tends to remain in the same direction.
So, how do you make money with these movements. Well, the profits are much larger than when you change money yourself. If the pound moves against the dollar by 1p you might think you make 1p for every pound you have profit - but you don't - you actually make 100 times that amount through something called 'leverage' - in essence every 1/100th of a penny movement makes a difference to your balance sheet.
How much money? that depends how much you want to place on a particular currency. Have a look at this chart below - its of the pound against the dollar on the 22nd of June 2004
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Each bar on the chart represents 5 minutes of time. The top left of the picture was about 5AM and at about 6:30AM the market started to move downwards. At 7AM I placed £2 per 'pip' in a 'sell' position at 1.8280. the price moved to 1.8199 and kept on falling.
The difference between the two is 0.0081 - that means that so far today ive made 81 'pips' @£2 for each pip = £162.00 - by the way, its currently. How much money did you make in that 3 hour period?
This e-textbook tells you all you need to know to be able to take that trade
NOW you see the picture!
I think it's safe to say that even you with no experience at all can see which direction the market is heading with a quick glance at the chart above. The key to when to get in and out of this trade is in the book.
Now then, a word of caution. If it was as easy as just spotting the direction and then following it we would all be millionaires. But it is easier than many would make you think. I must warn you though that every 'pip' that the market moves against you also COSTS you money - you can lose money with this as well and every trader WILL lose money. The key is to make your winning trades better than your losing ones. all of this is covered in the book.
So, here's what the book covers and what you get:
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Overview of the Markets
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How to read charts
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The psychology of trading
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Using Spread firms
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How to practice for free with fake money
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How to get FREE real time charts
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How to trade
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When to trade
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When NOT to trade
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Money Management
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Four fully defined systems of entry and exit
Now its up to you. I wrote this book myself in the same sort of style I've wrote this page, simplicity is the key to anything and that's how I've written it so it's easy for anyone to understand.
Buy the item now and ill support you through your learning process as much as i can., this book is so cheap you're not even putting anything serious on the line anyway - what have you got to lose? Others are selling similar packages for much more money and without a single system, included - this book has no less than FOUR easy to follow systems of entry and exit.
If after reading the book you decide that trading isnt for you then i've probarbly saved you a small fortune by making sure you go in with your eyes open
Make the decision to at least find out. It could be the best decision youve ever made
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Item is a downloadable textbook and is the copyright of Soulman Internet. |