How I Made 860 Percent Profit – Forex Trading Competition
How I Made 860 Percent Profit – Forex Trading Competition
Course Detail
Salepage: How I Made 860 Percent Profit – Forex Trading Competition
Merchandise Description
The winner of a recent international Forex trading competition (860% return in 2 months) exposes all the tactics, strategies, tools, and approaches he used to outperform the competition by nearly 200% in this course, which he publicly discusses. After taking this course, there should be no reason why your personal Forex trading cannot advance dramatically over the course of the next year. He did not employ rocket science.
His mentor Alex du Plooy is the instructor for this course, and the information was obtained via a lot of email, Skype, and Team Viewer conversations. Alex has been his mentor and friend for more than 5 years.
The course’s material should be straightforward and understandable, and it should encourage and inspire you to enhance your Forex trading performance. The majority of it consists of movies and tests. Along with several examples and explanations, the winning trading statement is also examined.
(Check out the course’s official webpage for further information.)
Bio of Alex du Plooy
Early retirement during a professional career that saw him hold the posts of Chief Operating Officer and Financial Director for international pharmaceutical and healthcare organizations. Prior to this, I earned financial honors, a master’s degree, and the Chartered Accountant designation.
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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