Profiting with Forex

There is a Forex solution to every question you've ever asked about your financial future. We talk with people every day who want to know how they can take advantage of both the good times and the bad times in the economy. They want to know how to profit from the stock market when it is going up and how they can protect themselves when it is going down. They want to know how they can take advantage of the unprecedented economic growth in China, India, and other emerging markets. They want to know how to combat inflation to ensure that their retirement nest egg will continue to provide an enjoyable lifestyle. They want to know if there is anything they can do to offset rising oil prices. They want to know how to improve their budget when commodity prices—from the price of the orange juice they buy at the store to the price of the lumber for their new home—start to rise. Mostly, they want to make profits. And every time they ask us, we respond with one word: Forex.

Certainly, you could devote your life to learning to understand stocks, mutual funds, and options to take advantage of the ups and downs of the stock market. And you could learn about foreign bonds and exchange-traded funds to take advantage of the growth of the emerging markets around the world. Plus, you could master interest rate futures and government bonds to combat inflation. And to top it all off, you could dive into the commodities market to speculate on the wild swings in the price of crude oil and offset some risk in pork belly and soybean futures. But, really, who has time for all that?

If you're like most of us, you've got a 401(k), an IRA, or another type of retirement vehicle into which you are putting the majority of your savings. And that's a good thing. The stock market has done extremely well over the long term and deserves a place in your overall portfolio. But wouldn't it be nice if there were a way you could address all the other issues just mentioned without having to become a financial genius? Well, there is.

The Forex market enables you to have the best of both worlds. When stock prices go up, you can profit with the Forex market. When stock prices go down, you can profit with the Forex market. When emerging markets gain strength and begin to grow at exponential rates, you can profit with the Forex market. It doesn't matter if inflation levels are going up or if inflation levels are going down; you can profit with the Forex market. And as oil and other commodity prices fluctuate up and down and up and down, you can profit with the Forex market. You will be amazed at how easy it is to get involved and make money in this incredible market.

Finally, there is a way for all investors—no matter how big or small—to harness the world around them and secure their financial future. The Forex market is available to everyone, yet so few people know about this universal tool. As you read this book and learn more and more about the Forex market, we guarantee that you will ask yourself the same question over and over again, "Why in the world have I not been taking advantage of the Forex market until now?" Maybe you've never heard of the Forex market. Maybe you've heard of it but never really knew anything about it. Whatever the reason, today is your day to get started. Once you do, you'll never look back.

This book will introduce you to all the advantages of the Forex market and show you how to profit from it. It addresses the questions you have concerning your financial future. And, most importantly, it will show you how you can implement the things you learn in your own investing. The Forex market has changed our lives. It has changed the way we view the financial marketplace. We used to see obstacles and limitations. Now all we see are opportunities and freedom. The Forex market is the perfect supplement to our stock and bond investing. It enables us to profit from what ever is happening in the world around us. The Forex market is the solution.

WHAT IS THE FOREX MARKET?

The Forex market is the largest financial market in the world. Nearly $2 trillion worth of foreign currencies trade back and forth across the Forex market every day. Forex stands for the foreign exchange—the financial exchange on which governments, banks, international corporations, hedge funds, and individual investors exchange foreign currencies.

For instance, when you fly to another country, one of the first things you do when you get off the plane is look for a currency exchange counter where you can exchange your U.S. dollars for whatever currency is used in the country you are visiting—such as British pounds, Japanese yen, or euros. Why do you do this? Because you know that the cab driver, the hotel clerk, and the souvenir salesperson are all going to want you to pay them in their national currency, not U.S. dollars.

When you slide your U.S. dollars over to the teller and he or she slides back a stack of multicolored bills—let's face it, foreign money is a lot more colorful than the greenback—you have just participated in the Forex market. You exchanged one currency for another. Now, if you stop and think about all the people who travel, all the businesses that operate in multiple countries, and all the governments that are exchanging money, you can start to get an idea of how big the Forex market really is.

Those of you who travel abroad frequently have probably also noticed that the exchange rates at the currency counter at the airport never seem to be the same. They are constantly changing. Sometimes you get a lot more bang for your buck when you exchange your money, and sometimes you have to exchange a few more U.S. dollars just to get by. That is because exchange rates are constantly changing, and it is these changes in exchange rates that enable you to make a lot of money in the Forex market.

Forex Trading Secrets

Forex Trading Secrets

This Forex trading guide is all about giving you secrets and known best for a beginners guide to the Forex trading market.

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