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What is Forex?

In case you don’t know, the forex market is the largest market in the world, with trades amounting to more than $1.5 trillion every day. This is more than one hundred times the daily trading on the NYSE (New York Stock Exchange) or 30 times larger than the combined volume of all U.S. equity markets. It is ‘liquid’ so you can rapidly get in an out of trades.

Foreign Exchange is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). The market itself is actually a worldwide network of traders, connected by telephone lines and computer screens — there is no central headquarters. There are three main centers of trading, which handle the majority of all FX transactions — United Kingdom, United States, and Japan. Singapore, Switzerland, Hong Kong, Germany, France and Australia account for most of the remaining transactions in the market. Trading goes on 24 hours a day: at 8 a.m. the exchange market is first opening in London, while the trading day is ending in Singapore and Hong Kong. At 1 p.m. in London, the New York market opens for business and later in the afternoon the traders in San Francisco can also conduct business. As the market closes in San Francisco, the Singapore and Hong Kong markets are starting their day.

Definitely Worth Learning!

If you are looking for an online opportunity with tremendous potential to make huge profits, then you will want to explore this more. This is NOT an easy to learn process, no matter what your read. I am a Forex Trader and I do extremely well at it but it took me well over a year before I could make consistent profits. I had a full time job while I was learning, so I used much of my spare time learning how to trade. If you are serious about this opportunity, getting one of the learning systems below is an absolue must! Do not try to go it alone as you will regret the waste of time and money — I know, I tried it on my own and eventually purchased Peter Bain’s system! Peter has a legitimate learning system that will get you on your way to forex trading. Take the time to read about his system by going to his website and exploring. FX trading is probably the most exciting activity you will ever do, and you can get good at it with hard work, creating amazing potential for huge wealth!

Forex Mentor

Unfortunately I got involved with several forex scam artists selling their products online, before I discovered Peter’s course. I was skeptical when I ordered it, but now I earn my living by it! This is the online business that I spend almost all of my time at!

His course takes time to learn and you need to have at least $300 to open most trading accounts (more is better!). His course is currently on sale for $495 (U.S. funds)and so this is not a cheap venture to get started in, but well worth it if you are serious about working hard at something that is extremely profitable, once you learn!

If you are not willing to work hard at learning how to trade in the forex markets, don’t waste your time, and definitely don’t try to do it without Peter’s or Aden’s help. With Peter you receive a great learning package in the mail, plus you get an amazing amount of learning materials online. Peter does his famous daily videos to help you trade. Once you learn his method and develop a trading plan according to Peter’s advice, you can make wonderful profits in a short period of time. I really can’t say enough about how great this program is — go for it!

You Will Need a Trading Account

You will need a demo account and ultimately a real account in order to trade. Peter does not offer that service — he only teaches and mentors you on how to trade successfully. Some of the advantages to using ForexYard include: free demo account (most offer this), java trading station (some offer this), minimum $100 for a real mini-account (usually a $300 minimum), credit card set-up so you can start trading within minutes (rare to find this). So if you are keen to give this a try, for $100 you can be doing real trades! That means, the most you can lose is your $100 investment. ForexYard will help you learn how to use a trading station, even if you are just signing up for a free demo account! Curious to see what forex trading looks like? Go get a demo account — no charge — and within minutes you can be trying it out for yourself. It probably won’t take long to get ‘hooked’ but it also won’t take long to see why you need Peter Bain’s help too.

I DO NOT recommend you get a real account until you have practiced and learned with a demo account. Because Peter also offers free start-up information, you could go sign up on his site for free stuff, get a free demo account and without any cash outlay, see what forex trading is all about. I traded with a demo account for quite awhile, but there is nothing like the rush of ‘REAL’ trading! If you want online wealth — get Peter’s course and go for it! I am so glad I did! Have fun learning!