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Starting + Sustaining by Garrett Dimon
Starting + Sustaining by Garrett Dimon
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Description
Starting and Sustaining is a book, spreadsheet, and task list to help you plan, launch, and run your own web application by sharing detailed insight from my experience launching and running Sifter over the last six years.
Even if you’ve spent your career designing or developing software, you’ve probably never been responsible for the full-stack of technology, design, customer support, marketing, payment processing, roadmap, release management, monitoring, analytics, and everything else that needs to be done to build and run a web application.
Launching an application from scratch is challenging, but the real challenge is that you don’t know what you don’t know. Starting and Sustaining can help fill in those gaps. It can’t teach you everything, but it will help make sure you have the full picture.
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 : Starting + Sustaining by Garrett Dimon
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