Currency Exchange Rate Trading - How To Profit On Every Trade
Currency Exchange Rate Trading - How To Profit On Every Trade
By Jeremy Gard
At this point you’ll either be saying to yourself that its impossible, or if it were true the costs involved to set up your own exchange would be astronomical and way beyond your means. However, you’d be wrong on both counts. There is a way, but probably not in the way you think (I bet I got your attention though).
As you know, every time you transact in the markets, the broker makes his fee. Well in the same way, every time someone exchanges one currency for another, the exchange also charges a fee. You simply need to position yourself to take a slice of these fees for yourself. That way, you make a profit every time someone transacts.
Its called E-Currency Exchanging, or E-Currency Trading. Basically, you open an account with an online exchange service provider, and invest your funds with them and receive in return shares in the different currencies they exchange in. These shares will then rise in value as the exchange processes transactions with their clients and the demand for that particular currency rises. In addition your shares will also fluctuate in value as the exchange rates themselves fluctuate. However, this second effect will only serve to either reduce or enhance your profit, not turn it into an actual loss. I now, it sounds too good to be true, but these investments do exist but only in the online world of the Internet.
You see, you are trading e-currencies, not real world currency, although e-currency derives its value from real world currency values, however, you never actually own any kind of foreign currency. The e-currency you trade in is backed by an underlying asset in gold or other precious metal and that has real-world value. It’s just the denomination of this metal that changes. Confused? That’s ok. I simply mean to introduce the concept to you at this stage, and to encourage you to consider this form of trading as a viable alternative to the zero sum game of currency exchange rate trading, or really any form of market trading for that matter.
E-currency trading is a growing market on the Internet and as it gains more and more momentum and in popularity, the more liquid the marketplace will become. So there is no danger of over-saturation. Just like any market, the more players the better it is for everyone.
Jeremy Gard is a Futures and CFD trader based in Brisbane Australia. Jeremy is also in the business of E-Currency trading and exchanging.
For more information on the topic of this article, please go to E-Currency Trading
Article Source: http://EzineArticles.com/?expert=Jeremy_Gard
http://EzineArticles.com/?Currency-Exchange-Rate-Trading---How-To-Profit-On-Every-Trade&id=495566
By Jeremy Gard
At this point you’ll either be saying to yourself that its impossible, or if it were true the costs involved to set up your own exchange would be astronomical and way beyond your means. However, you’d be wrong on both counts. There is a way, but probably not in the way you think (I bet I got your attention though).
As you know, every time you transact in the markets, the broker makes his fee. Well in the same way, every time someone exchanges one currency for another, the exchange also charges a fee. You simply need to position yourself to take a slice of these fees for yourself. That way, you make a profit every time someone transacts.
Its called E-Currency Exchanging, or E-Currency Trading. Basically, you open an account with an online exchange service provider, and invest your funds with them and receive in return shares in the different currencies they exchange in. These shares will then rise in value as the exchange processes transactions with their clients and the demand for that particular currency rises. In addition your shares will also fluctuate in value as the exchange rates themselves fluctuate. However, this second effect will only serve to either reduce or enhance your profit, not turn it into an actual loss. I now, it sounds too good to be true, but these investments do exist but only in the online world of the Internet.
You see, you are trading e-currencies, not real world currency, although e-currency derives its value from real world currency values, however, you never actually own any kind of foreign currency. The e-currency you trade in is backed by an underlying asset in gold or other precious metal and that has real-world value. It’s just the denomination of this metal that changes. Confused? That’s ok. I simply mean to introduce the concept to you at this stage, and to encourage you to consider this form of trading as a viable alternative to the zero sum game of currency exchange rate trading, or really any form of market trading for that matter.
E-currency trading is a growing market on the Internet and as it gains more and more momentum and in popularity, the more liquid the marketplace will become. So there is no danger of over-saturation. Just like any market, the more players the better it is for everyone.
Jeremy Gard is a Futures and CFD trader based in Brisbane Australia. Jeremy is also in the business of E-Currency trading and exchanging.
For more information on the topic of this article, please go to E-Currency Trading
Article Source: http://EzineArticles.com/?expert=Jeremy_Gard
http://EzineArticles.com/?Currency-Exchange-Rate-Trading---How-To-Profit-On-Every-Trade&id=495566
Labels: currency trade
posted by Rupert Hines III | 7:12 PM
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