Use your knowledge about the economy to make profit, trading online.

Online trading has been proven to be the most stable source of income for many traders all over the globe. It is popularly known as forex trading by many and it involves trading currencies, commodities (e.g crude oil), indices, stocks  using a certain technology called trading platform from a broker (Forex broker) This process is highly automated and it occurs very fast, it is a mirror of what goes on in offline Market.  It is also done on a much larger scale, as this process includes all traders  in the market on a global scale.

According to the Bank for International Settlements, foreign-exchange trading increased to an average of $5.3 trillion a day. To put this into perspective, this averages out to be $220 billion per hour. The foreign exchange market is largely made up of institutional investors, corporations, governments, banks, as well as currency speculators. Roughly 90% of this volume is generated by currency speculators capitalizing on intraday price movements.

Unlike the stock and futures market that are housed in central physical exchanges, the Foreign exchange market is an over-the-counter market, decentralized market completely housed electronically. Banks from Hong Kong to Zurich and from London to New York. Though most investors are familiar with the stock market, they are unaware how small in volume it is in relation to the Forex market.

In the diagram above, it can be easily seen how the FX market’s $5.3 trillion per day in trading volume dwarfs the equities and futures markets. In fact, it would take thirty days of trading on the New York stock exchange to equal one day of Forex trading!

THIS BUSSINESS IS NOT FOR YOU IF YOU ARE….

  • --- Greedy
  • ---Not ready to learn
  • ---Not ready to grow income over time

This is not a get rich quick syndrome as many thought.

Who can trade Forex, commodities, stocks?

  • Bankers, Treasurers
  • Finance Managers/Directors
  • Businessmen/Professionals
  • Industrialists, Investors
  • Corporate Executives
  • Decision Makers, Politicians
  • News men
  • Economist
  • Analyst (Political, economic and financial)
  • Asset management companies
  • Oil and Gas companies
  • Oil and Gas workers Etc...

On currency trading, it is refers to the exchange of one currency with another in at least two opposing sequences in order to profit from the change in the rate of exchange between both currencies.

When we say opposing sequences, it means that you must first be in possession of a currency of trade, use it to buy a certain amount of another currency, wait for the second currency to gain in value over the first currency held, then re-exchange the second currency for the first one, getting more of the first currency in the process.

Online trading also includes trading energies, such as crude oil, Gas, (oil and Gas) Gold, commodities, indices and some stocks. The same method of profit on currencies is also applied on these instruments. Traders who are familiar with oil and gas can choose to trade oil and gas instead of currencies, example is oil workers.

On the other hand, crude oil is one of the best commodities to trade. It is a very active market and it is well known with investors around the world. There is usually no shortage of news to cause the price of oil to move from day to day. This presents many good trading opportunities, whether you focus on day trading futures or you are a longer-term trader or investor.

Crude oil is one of the most actively traded commodities in the world.

The price of crude oil affects the price of many other assets including stocks, bonds, currencies and even other commodities. This is because crude oil remains a major source of energy for the world.