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Note:
There are two methods for trading
currency: Currency Futures and
ForeX. There is a raging race
between Futures and ForeX brokers for
your account. Right now, it is my
opinion that it's not cost effective to
trade ForeX with 6 to 10 pip spread
entry fees for each contract. The ForeX
brokers advertise: "No
Commission Trades." Why would
they need to charge you a commission
when they can scalp you for $60 to $100
on the spread for each ForeX contract
you trade? Their world is coming
to an end. Stay tuned. This
is what we do... concentrate on what we
have found to be the most straight
forward, least confusing, markets. Our
mentors concentrate on
trading the best trending
currency or index
future... at this writing (Winter
2005) we
trade the Euro Future contract
but are starting to take a greater
interest in learning the benefits of
trading ForeX Currency Pairs. Learn
what you need to do to know to
effectively trade Currencies and
Index Futures on other pages of this
website. You've
come to the right place!
In
the meantime, we point our ForeX currency
trading education to TradeSight.com.
You are invited to visit their site at the
banner link provided and then, when you have
questions, eMail
Chris
Mercer.
But
currency is the preferred night
trade. Take time to become familiar
with currency. There many world
currencies; however, there are about 6
dollar based currencies into which we
look for trades: Aussie, Canadian,
Euro, Franc, Pound and Yen. I'm actively
trading the Euro right now as I watch
and learn the other 5 pair.
Richard V Rueb |
