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Dołączył: 23 Maj 2011
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Wysłany: Pon 3:48, 30 Maj 2011 Temat postu: Ed Hardy Caps5Forex Trading History And Where It I |
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's look at a little FOREX trading history through the ages. Although currency, mostly paper certificates, has been around in one form or another since the days of Babylon, the usage of coins as a form of currency was begun in the Middle East. Not much was going on in the foreign exchange markets between those days and World War I. This all changed, however, after World War I, when there was an exceptional increase in speculation in the market. However, following the great depression in 1931 there was a tremendous slowdown in FOREX trading. From that year until 1973, there was little or no interest in that market.
Since 1973, supply and demand has caused a great increase in the interest due to many industrialized nations currencies freely flowing. Speed of information and price volatility increased throughout the 1970's. The trading volume on the FOREX market has increased from 10 billion a day to 2 trillion a day in a mere 40 years, and , today, has become one of the most dynamic markets of its kind.
Where it is Now:
A great number of day traders had previously traded primarily in stocks and futures. But the FOREX trading market has become more liquid and offers greater opportunity for fast paced trading and the flexibility of round-the-clock trading, five days a week, 24 hours a day in the US, Europe and Asia. This allows for quick response to news from other parts of the world, no matter what your location. FOREX trading is very popular with speculators. Those interested may trade in both a Bear and a Bull Market.
Those choosing to trade in the FOREX market have the convenience of access to online [link widoczny dla zalogowanych], real time, quotes. There is also a global indices chart. Online, there is also a global foreign exchange update daily posted by the Bank of Nova Scotia. Having access to so much information and market commentary is a great boon for dedicated FOREX investors. However, the FOREX trading market is not for everyone. It is complicated and there is potential for great losses without having the education to make informed decisions in your trades.
Make Sound Choices:
Regardless of the investing vehicle you decide to pursue, keep a sensible amount of capital intact liquid, particularly in this difficult economic crisis. Building a nest egg will be much harder in the years ahead, which implies caution in how and with whom you invest. More important in these times, is not so much to produce additional wealth, as it is to hold onto what you now have left, in anticipation of worse conditions ahead. It's better to be safe than sorry. The history of FOREX trading is lengthy and has been lucrative. However, it is risky, so proceed with caution.
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