by makemegamoney on August 13, 2010 in Uncategorized
Forex, Foreign Exchange, where TRILLIONS of dollars is passed through every day.
I read somewhere, that its turnover is some 100 times bigger than the NY stock exchange (don’t quote me on that though).
What is it? Simply out, it is what it says it is – ish.
It is where, banks, countries, companies, independent traders, trade currency. They invest money in a certain currency, and because currency rates changes all the time, they sell up, or buy different currencies when the time suits them.
Forex is not simple. However, it is potentially a HUGE money earner, if you are good at it.
Forex is not like the stock exchange, and isn’t effected by financial global crisis (to an extent), because as one currency declines, another rises. Therefore the opportunity to make a profit is always there.
Also because Forex does not have specific trading centres, it is accessible via the internet, and is only a mouse click away, perfect for making money online.
However, as with all kinds of investing, there is always a risk.
If you are a beginner, and can’t be bothered to learn properly… (which I suggest you do if you are really interested in making money online), there are specially developed “bots” that can automate trading. These are against rules, however, some are developed to operate randomly, and can’t be tracked (so they say), and can have over 1000% profit on your investment.
I am only a beginner myself to Forex, but I strongly suggest this is an ideal way to make money online if you are prepared to learn the systems. My top tip? Learn the systems, and try and find a loop hole. With trillions of dollars being turned over everyday, there must be a trick or two that you can work out.
(and when you do, feel free to let me in on it!)
Here is a link for a forex bot, claiming to double your money. This has a high “gravity” on affiliate sites, and has good reviews. I HAVEN’T tested this myself, however, if you are willing to give it a go, let me know.
FABTURRBO forex bot – click here
August 13, 2010 | No Comments Posted in Uncategorized