forex

How to become a walking disaster

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Following on from my recent article 10 Steps to a happy life heres some top tips to ruin your life, its much easier to do and following these tips will guarantee success.

The good thing about ruining your life is it can begin much earlier than creating a happy One, you don't even need any Money.

Step 1

Don't get any education

Not gauranteed to work but it makes a good foundation for the other steps so do it properly, bunk off school, mess around in class and most importantly never ever revise for any exams.

Step 2

Be really dificult

Never show anyone any appreciation for anything. Never say thankyou or please for anything, if you follow this step properly your parents might even throw you out when your 16. Maybe you can even get put into a home before that if your really good - I mean bad.

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Forex investment, what is forex?

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FOREX is the term commonly used to describe Foreign Exchange Trading a financial market which can provide very high returns if you know what your doing and very high losses if you don't.

FOREX Terminology

Most of the terminology used when trading FOREX is the same as that used in most of the other world financial markets heres some examples and few of the terms are unique to foreign exchange trading.

PIP - Whats a PIP? PIP stands for Price Increment Point and is the smallest unit of trading in FOREX how much a PIP is worth depends the leverage on your FOREX Account and your broker.

FOREX - Whats FOREX? FOREX stands for FOReign EXchange, and is the trading of one currency pair against another.

SPREAD - What is the spread? The point or pip difference between the ask and bid price of a currency pair, spread is how forex brokers make they're money.

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Make money from forex

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Trade the news

These thoughts on trading the news would work with any financial market you just need to get hold of a good financial calender and look to see when certain announcements will be made.

Forex announcements are generally easier to trade because its easier to work out which news will be good or bad for a country's economy and therefore its currency.
With Forex fundamental announcements are what seem to give the currency pairs direction, there are over 500 Forex news releases a month so theres always something to trade and always money to be made.

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Trading terminology

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Investing in financial markets can be daunting because of the terminology used, it also makes the world of trading (which is in my oponion educated gambling) seem more glamorous.
Heres some of the more common trading terminology and what it means.
PIP - Used in the world of FOREX Trading, PIP stands for Price Increment Point and is the smallest unit of trading in FOREX.
FOREX - FOREX stands for FOReign EXchange, and is the trading of one currency pair against another.
SPREAD - The point or pip difference between the ask and bid price of a currency pair, spread is how forex brokers make they're money.
ASK -The ASK price is the price at which you can buy units or PIPS of whatever it is your trading for.
BID - The BID price how much you can sell for in your chosen market.
BULL - To buy stocks, shares or whatever. You would be a bull if you beleived what ever you were trading was going to increase in value.

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Free Forex eBooks

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At the bottom of the page are some free forex ebooks, some I found some I paid for.
Forex? What is it, anyway?

The market

The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forex™).

Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.

How does one profit in Forex?

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Money Making Ideas

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When I first started my site the idea was to try the money making schemes and then tell you what works.
Quite original I thought and I thought it would be popular because there are a lot of scams about on the internet, I thought people would be interested in somebody showing them scam free ways to make money online and off.
The problem was that trying to write new content for the site and promoting it meant I did'nt have time to try these Money making schemes, today I remebered my original idea and thought I would post some of the things I am currently trying for cash.
Hits for pay
Get $10 Just to signup! They'll credit your account with $10 free just for signing up, select the topics that interest you and when new ads arrive for you to read they'll send you an email, sign in to your account read the ads and they'll pay you simple
Hits 4 Pay
Trade the forex news

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Fixed or Spread Trading which is better?

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Whats the difference between these 2 trading methods?

Trading the Spread is where you can make a possible endless profit or loss, which can be locked in with Stop Loss and limit orders - if you trade £10 per point, for each point up or down you make or lose money per point. Depending if you traded Long or Short. Spread betting is more volatile than Fixed Odds.

Spread betting could be said to have leverage to its power. But leverage can work against aswell as for you.

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