Courses Infomation

Strategies WorkBook (Carolin Boroden, Jon Najarian…)

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.

Size: 85 MB

Collection Strategies WorkBook of the authors Carolin workbook Boroden, Jon Najarian…

And more…

Marketing Strategy Workbook: The Analytical Foundation
Every company needs a solid analytical foundation that explains the rationale for business. Market Strategy Workbook 1: The Analytical Foundation helps you prepare this for your market strategy. In part, this workbook helps you ensure that you align your business strategy and your market strategy, but it also guides you in structuring the information used in creating your market strategy. It therefore provides the natural starting point for the market strategy process and should be completed before moving on to the next workbook.

Workbooks are comprised of two parts – the workbook itself which contains instructions, examples and activities, and the planning document in which you can write your responses.

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 : Strategies WorkBook (Carolin Boroden, Jon Najarian…)