The Skinny of Forex

What is FOREX?

The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or “FX” or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of about $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!

In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to the other countries' economies.

Unlike other financial markets like the New York Stock Exchange, the Forex spot market has neither a physical location nor a central exchange. The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.
Until the late 1990’s, only the “big guys” could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us “little guys”. However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us.
All you need to get started is a computer, a high-speed Internet connection, and the information contained within this site.

Secret Recipe for the Ultimate Business

Here are the SECRET ingredients needed to create the ultimate business:
1. You
2. Computer
3. Internet connection
4. Desk (or sofa)

That’s it! No employees. No advertising. No cold calling. No inventory.
Imagine a business with just you, your computer, and a high-speed Internet connection?! That’s all you need trade in the foreign exchange market!! In other words...

A properly trained Forex trader can potentially earn BIG PROFITS in every single month, week, or day! (Of course a poorly trained Forex trader can suffer BIG LOSSES as well.)

Let’s continue with the TOP SECRET directions:
Walk about ten steps and
Sit in front of your computer (or sit on your sofa and place laptop on your lap)
Turn on computer and make sure Internet connection is working
Open charts and trading platform
Trade currencies
Make money!
Presto! You’ve just learned how to create the ultimate business.
Okay it's not thaaaat easy but you get the picture.

Consider the Following and Judge for Yourself
You are your own boss!
You don’t need any customers!
You don’t need employees!
You can operate from home, work, vacation or anywhere else in the world as long as you have a high-speed Internet connection.
You never have to worry about job security, harassment or any other employment-related anxiety.
You never need to worry about employer payroll, strikes, theft, rent increases, health inspectors, lease problems, being sued, etc…
You don't need to do any cold calling.
You decide which days you wish to work.
You make the decision to take a vacation at a moment's notice.
You are your own boss!