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Forex Market - your way to success.
Uploaded: 28.10.2010
Content: text 65 symbols
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Product description
This book is for people who are aware of the general principles of the Forex market, where the conversion steps are performed, that is, to exchange one of the national currency into another at a pre-coordinated two parties aimed at the establishment date (from here and the very name of the Market - Foreign Exchange Operations ).
In the late seventies of the last century, after the incident of non-fixed rate of national currency against the US dollar became the currency market is the formation of concentrated buying and selling currencies on the basis of supply and demand. Currently, the Forex market has turned into a comprehensive, which is compatible with a unified communication network, a market that is open 24 hours a day.
Hour access to all exchange markets of America, Asia and Europe can open and close positions at the most convenient time and at an affordable price. Undoubtedly, providing banking arm (1: 100 or 1: 500), the broker allows the trader to acquire large profits with relatively little deposit in a short time. When all though, easy entry and exit from the market (very often one telephone call to the broker) make it very attractive for business travelers.
The Forex market is different from other major markets sales, the lowest price of transactions and very high speed cash. Attracting investors and the high liquidity of the market, which is tens of trillions of dollars a day. At present the main source of income is the world's leading banks operations in the foreign exchange market.
However, it should be mentioned that all operations in the Forex market have a high level of risk. Therefore, the main purpose of this book - to help the reader not only to maintain, but also, of course, multiply the capital, and not to lose it. The problem is relevant to minimize losses in any kind of business, and the more it is the most important for all traders in the market Forex.
After all the requirements for a trader is very high. The well-known trader said: "I hate to say this, but it is known that people who have succeeded in this business, work 2 times more than any other professionals. The incentives driving them thoroughly and they have a great set of abilities that no one else has. There is nothing you can do about it, because it is purely a genetic predisposition. You can not increase the rate of your intelligence than 150, if you were given a birth ratio of 100 ". And many do not realize how easy to succeed in the Forex market.
"This is more difficult than to become a champion in any of the sports, it is more difficult to break than the best players in the basketball league." The most difficult thing for a sincere recognition of many professionals - is to accept the fact that you're working with other people's money and run the risk of losing them. Many drop out of the profession because do not accept the sense of risk.
Of course, the work of a trader in the Forex market is not for the faint-hearted people.
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