Forex Trading - A Rare Time In History Is Upon Us

By Author: Bob Perry
Total Articles: 7
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We live in an interesting time in the history of the world. Never before has there been so many ways to make money and never before has the average person been within reach of the ability to literally make millions. And you can do it from home. There are plenty of ways to make money on the internet nowadays, but they usually require you to have your own product and website, which involves a lot of your time and energy and which is not even guaranteed to make you money.

Currently the United States Dollar is at an all time low versus the Euro and at times the Canadian Dollar and the Australian Dollar. If you don't follow such things don't be embarrassed that you don't know this, you probably wouldn't even have it come to your attention unless you are planning a trip to Europe. But this is important to you even if you don't realize it. Trade with other Nations depends on the currency value of each country. Currently the U.S. Dollar being so low is playing a part in why we are paying $4.25/gallon for gasoline.

But with every storm there comes a silver lining, or at least history would say so. You see, with the U.S. ...
... Dollar being so low and knowing at some time it MUST come back up you can get into this opportunity for as little as $100, although $5000.00 is usually the safer amount due to the quick fluctuations. This is by far one of the most interesting investment vehicles out there. If you are new to this type of investment you should start reading up on it and also look into the program Forex Trading.

Trading on the forex market is one of the most exciting investments you can make. You can make thousands and thousands per month. You won't believe how fast this market moves compared to stocks. Literally in a matter of minutes you can be up thousands of dollars, but you must get out because it can change direction in a heartbeat. I'm not talking about hours or days, I'm talking in minutes. The world banks are playing in this game so there are major moves when certain events happen monthly. You need a program to shuffle through all of this information.

There are several Forex Trading Programs available that will run on your PC. Most systems run on the Meta trading platform, which is the most famous trading platform in the forex world. You can literally see the markets moving. There are charting websites you can view this happening without actually being a player, such as dailyfx.com/charts/, pick Powercharts and set the time to 1 minute intervals on EUR/USD and USD/CHF and you will see a mirror image a lot of the time. Watching is really amazing especially if you watch just before and during a News Release.

Check the web for the current months Economic Calendar (dailyfx.com/calendar) and you will see specific days that usually move the currency markets at a specific time. It is one of the coolest things I have ever seen in the investment world. United States Unemployment information always seems to move the markets. Quite a few websites will let you try out their software platform and give you a demo account of $50,000 if you want to try your hand at this. I've tried it many times and have tried several different systems and never made a profit. Thats why I think it would be best to have a software program do the buying and selling. Stop loss is a must in this type of investment, because if you don't it can blow your money in a manner of seconds.

With a decent software program you can expect to make around 5-25% return per month. But you probably won't be in a trade everyday due to the volatility, but it all depends on your trading capital. I suggest that for all types of investment vehicles, don't trust programs or experts 100% until you have seen them run for a while. Risk is always involved when you are investing.

The reason that I said that this is a historical time in our lives is that when the U.S. Dollar comes back up it will move probably over 1000 pips (each pip is worth $10.00, you can own more than one pip so this could be a Million Dollar Move) over the next year or so. So realistically $100 can turn into $1,000,000.

Now tell me, when has that ever been possible in the history of the world?

Bob Perry is a freelance writer with experience in financial markets and investments.
Lately he has become involved in affiliate marketing.
Check his blog for more infomative articles at http://dollarcreater.com