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4hour Software – Earn Easy Monthly Income In 2013
4hour Software – Earn Easy Monthly Income In 2013
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Description
Imagine this…it’s based on a true story:
It’s a lazy Sunday afternoon, and you’re feeling a little antsy. You know that tomorrow, at the crack of dawn, you have to go back to the dreaded 9-to-5 (more like 8-to-6!) slave pits.
You know you’re overworked and underpaid, and you’re damn sick of it.
So, you walk over to your computer, sit down, and decide that you’re going to do something about it.
Over the next couple of hours, you use your imagination to write out the details on a simple new idea that you had been thinking about for a long time. You e-mail the full project details over to your personal virtual assistant.
Just a few minutes later, you get a response back…
“I’ll begin right away…thank you for the opportunity!”
You sit back and relax because you know that this isn’t your average virtual assistant…
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
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