Free Forex eCourse

(PRWEB) February 16, 2005 -- In the mid '90's many novice traders stepped into the brave new world of online Foreign Currency Exchange trading. Today entrepreneurs, day traders and investors are flocking to Forex Trading -- the largest, most profitable, most liquid and fastest growing trading market in the world. However, a small word of caution to the wise: never trade with money that you can not afford to lose.

Foreign Currency Exchange (Forex FX) Trading allows a trader to participate in profitable fluctuations of world currencies. Forex trading works by selecting pairs of currencies and then measuring profit or loss by the fluctuations of one currency's market activity compared to the other.

Forex Trading is being called 'today's exciting new day trading opportunity for the savvy investor' because the Forex Trading Market began to emerge in 1978, when worldwide currencies were allowed to 'float' according to supply and demand, just 7 years after the Gold Standard was abandoned.

Up until 1995 Forex Trading was only available to banks and large multinational corporations, but today, thanks to the proliferation of the computer and a new era of internet-based communication technologies, this highly profitable market is open to everyone. The Forex Trading Market's growth has been unprecedented, explosive, and continues to be unequaled by any other trading market.

Unlike traditional trading which brings buyers and sellers together in a central location, in Forex Trading there is no need for a centralized location. Forex is a market where worldwide traders conduct business using high-speed Internet connections with the Interbank Foreign Currency Exchange. Forex has not only become the fastest growing trading market, but also the most profitable trading marketplace in the world.

In addition to being the world's largest and most profitable market, The Foreign Currency Exchange Market is the world's most powerful and persistent trading market regardless of negative economic indicators. Unlike many commodities whose supply and demand fundamentals can literally change overnight (as we found in the sudden dot com 'market adjustment' and even more abruptly on September 11, 2001), currency movements are much less random, and far more predictable. This is illustrated by the way interest rates are changed gradually in small increments.

Few financial industries generate as much excitement and profit as currency exchange. Traders around the world enter trades for weeks, days or split seconds, generating explosive moves or steady flows, and money changes hands quickly at a staggering daily average of a trillion US dollars. Forex profitability is legendary. Quantum Fund realized a profit in excess of 1 billion dollars for a couple of days work in September 1992. Soloman Brothers, Inc. netted $28 million for 1993. Even by Wall Street standards, these numbers are impressive.

Despite its high trading volume and its fundamental role in the world, the Forex Market is rarely in the media spotlight because its method of trading transaction is less visible than the floor of a stock exchange. However, trading on the Foreign Currency Exchange Market today is surging into public awareness, as flocks of internet traders are attracted by the market's huge profitability, risk manageability, and is open to all players. For a FREE report on how to get started in this network marketing currency exchange trading opportunity, goto www.cashmaxmall.com