Online commodity trading has since become a full fledged career option - from the niche status it enjoyed for a time. Now, almost everyone can start a business endeavour on commodity trading and with the ease of the internet, there are no more barriers to speak of in connecting with a broker and the market. You will be grappling with real time quotes on the commodities that you are investing with as well as live and real time charting services...more
It would be hard to fathom that the old exchange rate calculator has been responsible for making plenty of people some good profits over the past 30 years or so, but for the uninitiated to the Forex market, this is a truth you must all learn. Exchange rates are the basic principle in which the Forex market is built on, but of course this is a simplistic way to describe a market which is laden with so many factors to consider and a wealth of...more
An exciting thing to note of late is that while the economy has been shrinking faster that a German zeppelin during the first world war, there are other markets who seem to not only be not affected by the penny drops in the world market, but also they seem to have grown of late. One of them is the Forex market, and in whatever offline or currency online trading form that they might show themselves in, there is no denying that the market has gained an immense popularity with investors and casual retail traders all over the world. But of course it would; with giant financial corporations tumbling like dominos and the US government and congress twiddling their thumbs over the rescue package, confidence in the traditional stocks have waned in the heat of a failed economy. Suddenly, nothing could be trusted as big names became obsolete - the adage of the bigger they are, the harder they fall certainly rings true here as Freddie Mac, CitiGroup and General Motors suddenly dropped their corporate billion dollar impenetrable shield and showed their vulnerabilities. Then there was the question of AIG and other insurance companies who could not even insure themselves against disaster - let...more
To many, the internet is a godsend, and in some respects, it has made making money a lot more easier and this is down to the fact that many commodity markets and trade zones have plugged into the digital information highway. With this, more casual and part time investors were born, it basically carved out a market due to its ease of access and has...more
And enter the biggest online currency converter there is; the Forex market. Doing business with the paper trade is always a good idea, especially in these bearish of times when traditional stocks and other commodities you would usually have economic faith in start to tumble and fall. More and more investors have been turning to the Forex market in...more
The financial world has seen some new developments of late, and the good news is, it has kept up and partnered with technology to evolve as a simple platform where money can be made to a dynamic one that can exist in more than just one economic sphere. The internet itself is a massive economic sphere, I would say bigger than anything in the world out there save for certain investment markets. This is because of the potential reach of the internet and the fact that it is not bound by national laws and geographical locations. This means that it has become a massive sales emporium with the power to reach a few hundred MILLION people. Do you have any idea how many people that is. Imagine being able to market your product to hundreds of millions of people and at any one time in the world, there are 60 million people logged on to the internet actively surfing and twice as many people logged on as passive. The money spinner that is marketing has looked at the data and visibly recoiled at the potential profits for anyone who can overcome the intricacies of the online platform and make some serious money. This is why the tools have been developed and refined over the past few years....more
The online market is something everyone should get familiar with, even if it is just based on casual information. Its presence is undeniable and its purpose tenacious. It is a by product of the neo-liberal economic system simply delivering to the...more
Of course, the simple explanation about online futures trading is the same as the offline version, which would be that an investor enters into a transaction and agrees to either buy or sell the commodity at a later date, no matter the price change....more
Day trading is not something that should be considered lightly, and it is an option that should be the choice of only the most seasoned of investors. You should be reading this article only if you have been investing for a while and want to go into...more
Trading is now commonplace, an almost everyone I know who has some residual or spare income has placed their money in markets like stocks and bonds or even the Forex exchange market. This practice has been perpetuated by the banks really, who have...more
In the world of Forex trading, there are a special few (thousand) that have been playing with the day trade option for a long time. Their basic strategy is to minimise risk of the long view, liquidate resources and options before the market closes on...more
This article will discuss a little bit on the emerging phenomenon of the online stock trading game. Strictly speaking, the commodity trading market is actually on of the harder markers to forecast and this is because of the immense amount of...more