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7 Secrets to Becoming a Multi Millionaire (Audio Book) by Bill Staton

7 Secrets to Becoming a Multi Millionaire (Audio Book) by Bill Staton

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Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

In the bestselling tradition of Rich Dad Poor Dad, ‘America’s Money Coach’ reveals how to become a millionaire on as little as $50 a month! Bill Staton knows that the educated listener can beat the so-called ‘experts’ and build his wealth faster than the market is growing. In this comprehensive guide to safe, effective wealth-building, Staton reveals how listeners can double their money in five years or less, take the risk out of investing, and become millionaires from their investing in less time than they ever imagined. He teaches listeners to invest for the long term, empowering them to make their own choices, as he: Explains the economy and money in everyday language Empowers listeners to make the most of their money- in the least time with the least risk Makes wealth building both fun and profitable Shares stories about people who have used his methods for financial success Shows listeners how they can teach wealth building to their children Gives listeners the ‘Iron Laws’ of financial well-being Reveals the

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.

Salepage : 7 Secrets to Becoming a Multi Millionaire (Audio Book) by Bill Staton

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