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21 Mar, 2007

The Forex Market

Posted by: Jason Drohn In: investing

Lately, I have gotten back into investing a bit. About 6 years ago, I invested $50-60 a week into an investment account, built it up to a pretty healthy sum, and traded into a couple mid and large cap stocks. Nothing extraordinary.

About a week ago, I logged back into the account to see how the prices were. Much to my surprise (after a couple years of not thinking about it!), the valuation had almost doubled!

I have been surfing around a bit trying to do some current research on the market, so I can actually make some informed decisions, when I chanced upon the term “Forex trading.”

In snooping around a bit, forex trading is a non-stop cash market where currencies of nations are traded. Rather than deal in stocks and bonds, why not trade currency?

This prompted me on a little hunt to find out more about the market. It turns out that the currency has incredible opportunity, but can be pretty volatile. There are the standard risk factors which need to be considered, but it seems like something that is worthwhile to a risk taker.

I was actually recruited to do a sponsored post by ITradeAllDay.com.  The site seems pretty informative in terms of learning how to trade forex once you get past the stock WordPress theme. If you can make your way through that, there is quite a bit of good content!

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2 Responses to "The Forex Market"

1 | mateo

March 21st, 2007 at 9:44 am

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If you are interested in Forex, try http://www.forextv.com. ForexTV (www.forextv.com) is the premier source for up-to-the minute news and commentary that will help all traders both institutional and individual.

2 | Harold

November 25th, 2008 at 8:10 pm

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Learn how to trade the forex market for free
at the forex learning center.

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