What is FOREX
FOREX is the short form of Foreign Exchange. This is the world largest financial market. According to Bank for International Settlement, the currency trading involved of daily 3.2 trillion(3,200,000,000,000.00) dollars turnover. Full article can be found here. FOREX is an investing opportunity, one that can bring an investor profit or loss. FOREX is a volatile market intensified by leverage. Money is made(or lost) when investment values fluctuate. Although a market that moves up and down like a roller coaster can be nerve wracking, it also offers more trading opportunities.
In the 1990s. The currency markets grew more sophisticated and faster because money, and how people viewed and used it, was changing. The notion that money was not just a piece of paper, but also something that could assume electronic form, was accepted fitfully by the public. Today money has moved beyond paper. By depositing a certain amount of money to your retail broker, you can start trading one click basis in front of your desktop. The internet provides rates and price spreads virtually instantaneously, 24 hours a day, seven days a week. You can download a free trading platform, install them on your computer. Thats like having your own currency board infront of your computer, just exactly the same as the money changer you found in your local shopping mall. The only difference is, you get faster response, more accurate pricing compare to them. You can download the software here, its called MetaTrader4. Feel free to pass it around if your buddy is interested on this.
The reason of the existence of this blog
To be honest, I wish to understand how blog works. Meanwhile, to earn a few penny from the clicks paid by AdSense. This blog will be maintain as a trading and on going automated trading system developement journal for my own pleasure, and possibly will be my stepping stone to my next business.
