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Safety in the Market. Smarter Starter Pack 1st Edition by David Bowden

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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.

The Smarter Starter Pack is a home-study kit designed to get you actively trading in stocks and other markets, following clearly defined rules.

Written by the renowned Australian trader David Bowden, the Smarter Starter Pack has been teaching traders around the world a proven trading system since 1989.

By working through the user-friendly course manual, charts and accompanying DVDs, you can learn how to trade when the market is going up or down, use leverage trading strategies to increase profits plus techniques to minimize risk in your portfolio and protect your capital.

The Smarter Starter Pack includes:

* 320 page pdf manual with extensive new material to reflect 21st Century market conditions

* DVD and multi-media CD featuring step-by-step animations and training tutorials

* Sections on stocks and options

* Explanation of short selling and how to place trade orders

* Real-time trading exercises and much more…

If you want to start trading, or you’re looking to make your trading more profitable, the Smarter Starter Pack is your first step towards a successful trading career.

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 : Safety in the Market. Smarter Starter Pack 1st Edition by David Bowden