Daily Money Management Analysis and discussion about the financial market and forex

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On-Line Stock Market Trading
2008-03-06 09:25:00
It's very tempting, and it sounds great - to be able to electronically trade and make money every day trading from home or office!But the truth about how electronic on-line trading is sold to the public is an ugly story. No one you talk to about this will admit it! No surprise there!But you can always count on us to shed light on the truth behind the myth, that will prevent you from disaster!Brokerage firms decided to set up marketing companies that would offer the ability to set up offices and make money by advertising that you can now trade from their offices in your community and they would make a small fee every time you execute a trade.Most of the people that would operate offices know absolutely nothing about trading and even less about economics.They would hire a person to teach the aspiring traders how to use the electronic trading system.The person teaching in most cases never even traded in stocks before in his life, or had no experience trading and probably never even set fo ...

About Forex
2008-03-06 09:21:00
The Forex market is a cash inter-bank or inter-dealer market established in 1971 when floating exchange rates began tomaterialize. Today, the exchange of currency has expanded from trading floors to home computers. The simplest definition of foreign exchange is the changing of one currency to another, and, unlike the stock market, one may earn profits whether buying or selling within the currency exchange. In comparison to the daily trading volume averages of $300 billion in the U.S. Treasury Bond market and the lessthan $10 billion exchanged in the U.S. stock markets, the Forex market is huge. Currently there is often an average of 3.5 trillion levels exchanged daily.The most important foreign exchange activity is the spot business between the dollar and the four major currencies (Euro, British Pound, Swiss Franc and Japanese Yen). Activity within the market is created by six main groups: central banks, commercial banks, other financial institutions, corporate customers, brokers and i ...

What is the Forex?
2008-03-06 09:20:00
The Forex refers to the Foreign Currency Exchange Market in which more than 4,600 International Banks and thousands of small and large speculators participate. Every day this worldwide market exchanges more than $3.5 trillion in dozens of different currencies. With the current growth rate, the market is projected to grow to more than $6.5 trillion per day by the year 2005. This exciting and rapidly growing financial market provides the entrepreneur an opportunity to generate profits in the largest market in the world. ...