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FOREX

FOREX. Currency Market Trading. Forex Market . Currency is ultimate commodity Largest Market in the world Larger than all U.S. Markets Larger volume than all World Markets 97-00 $5B to $1.5Trillion Daily Volume Before Internet use…only Corporations and wealthy could trade.

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FOREX

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  1. FOREX Currency Market Trading

  2. Forex Market • Currency is ultimate commodity • Largest Market in the world • Larger than all U.S. Markets • Larger volume than all World Markets • 97-00 $5B to $1.5Trillion Daily Volume • Before Internet use…only Corporations and wealthy could trade

  3. WHY TRADE FOREX? • 24 Hours a Day trading • 100:1 Margins • Use all the same market tools OCO Limits Stops • No short selling (1 uptick rule)

  4. Currency Pair(Example) • Base Currency • Quote Currency • Bid Price • Ask Price

  5. Disadvantages to FOREX • Not easy to learn • Most lose a lot of $$ at first before learning how it works • Hard to find big Long-Term trends for the conservative & passive trader • Better if you are a S/T Trader to take advantage of big margins

  6. Advantages to FOREX • Only trade in a few major currencies not thousands of Stocks • Flexible trading hours (24 hours / Day) • Minimal starting investment - $1000 • Low transaction costs - $15 / Turn • Make money in both rising and falling markets

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