Saturday, April 10th, 2010 at
1:23 pm
You sell your money to the bank (or other) and it allocates some interest payments to your savings account from its profits. Have you seen a Bank’s profits?
What do Banks do with your money? Well, they accumulate many small savers’ money to lend to a borrower. The borrower buys his loan and repays it with added interest. The difference between interest rates is used by the institutions to pay salaries, pensions buy buildings and the usual business expenses.
THE WORLD PRESS occasionally reveals. “INSIDER DEALINGS” where an individual is accused of amassing huge profits from a fast book financial transaction that proves to be illegal.
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Monday, February 1st, 2010 at
3:50 am
Yes, it’s true, you can trade the forex markets for free and using the same state-of-the-art software packages that professional Forex traders, around the world, are currently using to make real-time, live currency trades.
And you can also experience the same dynamic market action and go through the same process of making decisions based on breaking news, reacting to charting patterns, and tracking ones performance the same way professional Forex traders do.
And all this can be done even if you don’t put any real money into your account, you won’t see any difference in how the market behaves and how you react to the market. In short, at some point, every new forex trader needs to start Demo-trading.
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