Is Trading in the FOREX Market For You?

Posted by Phil Hoskins
4
Jun 6, 2007
602 Views
The FOREX Market, or Foreign Currency Exchange, is where the buying and selling of the world currencies takes place. This market has been dominated by the international banks for the past 100 years. The market has been available to the general public back in 1998 as an investment vehicle.

The FOREX Market is the largest and most liquid financial market in the world. $2 trillion are traded daily. That is more money in one day than the NYSE trades in 60 days. The US annual budget is $2.9 trillion.

Why trade the FOREX market? Well first off it’s open 24 hours a day versus only 8 hours a day for the stock market. There are no commissions for any trades in the FOREX market.

In the FOREX market you are investing in countries (not easily manipulated) rather than companies (that can sometimes be manipulated … Enron ring a bell?). In the FOREX market there are only 6 major currencies while in the stock market there are 40,000 stocks to choose from.

Finally, there’s this thing called leverage. If I have $500 I can control $1,000 in the stock market (2:1 margin) but in the FOREX I can control $200,000 (400:1 margin). That is a powerful thing when you have a system that takes advantage of leveraging your capital.

You can trade the FOREX three ways. You can find someone to trade for you and you relinquish control to that person. You can teach yourself to become a directional trader with the goal of trying to predict the future, or you can use a system that structures your trading to buy low and sell high and take advantage of another unique thing in the FOREX market … daily interest … that’s right, with the FOREX market you can pay yourself interest, every day, 365 days a year.

Even better, this system requires no guesswork, no research, no charts, no graphs, no (expensive) training and no trading experience. The system is affordable and through its innovative hedging strategy it drastically reduces risk.

Best of all this system gives you 100% control over your money. Go to FreedomRocks, fill out the quick questionnaire, and watch the product presentation.

You can even signup for a FREE 15-day no obligation trial. I don't think that's long enough but you should be able to prove to yourself the system works in that trial time.
1 people like it
avatar
Comments (2)
avatar
Rina R.
10

1 Of A Kind VIRTUAL ASSISTANT

avatar
Dave Baker
6

avatar
Please sign in to add comment.
Advertise on APSense
This advertising space is available.
Post Your Ad Here
More Articles