WOW! This is a problem, why don’t people know how to make money without breaking their backs for it. Wouldn’t you like to learn how to make your money work harder than you?
Of course you would, who wouldn’t? I guess the only people who don’t want to learn more ways in making money, are those who overthink it.
OKAY! “News Flash” It doesn’t take a degree to learn this.
You don’t have to be this guy with his arms crossed, who is probably going to be working for someone his whole life. Forget this guy. Let’s learn a new way.
LET’S LEARN FOREX!
Forex aka the “Foreign Exchange Market” is like the stock market, but (some might say) better. We can learn how to make “MORE MONEY” in Forex by answering these questions:
WHERE DID THE FOREIGN EXCHANGE COME FROM?
HOW DO I MAKE MONEY IN THIS?
WHAT DO I HAVE TO DO TO GET STARTED?
Foreign Exchange is based on switching (exchanging) different types of foreign money, such as euros or pounds.
The Foreign Exchange began during the biblical times, in this period of time the people exchanging currencies were called “Money-Changers.” The Money-Changers simply charged a fee or commission on each trade.
The first recorded site for Exchanging was in the “Holy Land” but now since technology came out its on your phone or online through Forex.com.
The way you can make money in the foreign exchange is not just through commission anymore. You can make money in several ways:
- Holding – Waiting for the value of a promising countries’ currency to go up.
- Trading in Bulk – Purchasing in quantity, waiting for a slight increase to sell.
- Options – You can make money through betting, if a currency is going to go up or down.
With options, you’re going to be trading the right to the currency and you can choose whether its going to go up or down. If your predictions are right, you can make a lot of money, but it is very risky.
There are several places to start, but the best news is that you can start with as little as $50 at Forex.com. When I started using Forex, I only used $50 to get started and to make sure I was doing everything correctly I downloaded a demo app to learn how to use market information.
In summary, we talked about where the Foreign Exchange came from (The Holy Land) and how we can make money in the Foreign Exchange, by holding, trading in bulk, and selling options. Lastly, what we need to do to get started in the foreign exchange market is to invest a minimum of $50 on an app called Forex.com, and don’t forget to study with the demo apps for Forex.
Thanks for reading, and don’t forget to like this post and comment!