Becoming the Best: Online Forex Training

Forex is not as easy as it looks and many who have gone into it without forex trading information have only gained disappointment from their investment.

This is not to say however, that the market is impossible to master; but you must realize that to consistently end up a winner, you need online forex training.
Finding information is not as difficult as you may think.

Online forex training is available online in forums and seminars; with a little effort, a great deal of it is free of charge.

There are hundreds of forex forums online that will welcome you for the price of an email address. Brokers often hold live or broadcast seminars for free as a marketing tool. Continue reading Becoming the Best: Online Forex Training

Forex, Exchange Rates and Currency Exchange

Forex trading has nothing to do with swapping cans of lager with an Australian! If only it were that simple. Forex trading, means trading or dealing in currency on the foreign exchange market. Foreign exchange, forex or FX all mean the same thing.

Basically you follow how the currency market is moving. Currency moves in response to a country’s requirement for funding investment and trade in stocks and shares, based on the economics of their commerce and industry.

A country may need to raise money for a specific purpose and does so on the strength of their reserves – monetary or gold or oil, commodities with international value. There isn’t normally a huge change in the value of a country’s currency, not in the same way that the stock market can have amazing rises and falls. Continue reading Forex, Exchange Rates and Currency Exchange

Stocks in 2017: Predictions Vs. “Mental Bets”

Boy, people love predictions.

Whenever I see a title like “Best Stocks for 2017” I must check it out. I never act on predictions or take what is being said at face value, but I click anyway.

In fact, half of the time I click with an attitude: “Yeah, yeah, let’s see what you have to say…” Even if there are 100 stocks on a list, I feel compelled to check them all (I guess I am a list junkie).

Most predictions go unverified – that’s how predictors get away with them year after year.

When was the last time you checked a “Best Stocks for 2017,” or “2016,” list to see how the picks panned out? We don’t care: that was then, we care about now. We just might find something useful. Continue reading Stocks in 2017: Predictions Vs. “Mental Bets”