The only way to keep up with the latest about Forex is to constantly stay on the lookout for new information. If you read everything you find about Forex, it won’t take long for you to become an influential authority.
Whether youre a futures broker, mortgage broker, banker or stock picker, FOREX trading is an essential part of a person’s portfolio. The FOREX market is risky, volatile and yes, an extremely lucrative market. Data shows that 90% to 95% of FOREX traders lose money in there first year of trading. So, you ask, why should the FOREX even be considered a part of a well rounded portfolio? Honestly, because trading the FOREX has the potential to make anyone thousands of dollars a month.
Only until recently has the average person been allowed to trade in the FOREX market. Now, even a mini account can be opened and with little as $300 and off you go. One caveat however, if trading the FOREX market were easy, then everybody would become millionaires trading it and this just isnt the case.
FOREX trading requires vigilant market analysis and in general there are two approaches to this analysis. The first is known as using fundamentals....
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