ANSWERS: 1
  • <h4 class="dechead">On One Hand: Forex Can Be Profitable

    Trading currency on the foreign exchange (Forex) market can be a very fast way to make a major profit in a relatively easy way. How much profit is dependent on how much money is available to invest and how much the purchased currency appreciates.

    On the Other: Forex Can Be Risky

    While foreign exchange trading may be quite profitable when purchasing the right currency, it can also be a risky investment. Prices of currency fluctuate according to world events, and continually monitoring market changes is an important part of trading currency.

    Bottom Line

    While trading currency is a profitable way to invest in a global economy, it also involves risk and requires continual monitoring of market fluctuations. There is certainly money to be made, as long as an investor is continually informed and monitoring world news.

    Source:

    Freemoneyfinance: Forex Investing

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