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Essay specific features
Written by:
Brian M
Date added:
February 2, 2014
Level:
University
Grade:
A
No of pages / words:
7 / 1882
Was viewed:
2388 times
Rating of current essay:
Essay content:
Same vein, if you buy USD$ at N120 and $ appreciates to N125, and you sell, you will make N5 of each $ you bought, but unlike stocks, interest exchange rate can appreciate within 1 minute of purchase.
It is this frequent change in currencies that Forex Trading take advantage of to make appreciable profit on daily basis...
displayed 300 characters
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It is possible to make between $500 to $700 each day, or even more depending on the capital you trade with, which currencies are Trades in Forex Market.
About 8 major currencies are traded by the Inter Forex Market. These are United States Dollar – USD-$
Euro - ?
Japanese - ?
Great Britain Pounds - ?
New Zealand Dollar – NZD
Australian Dollar – AUD
Swiss France – CHF
Canadian Dollar – CAS
$ is the most traded currencies with 89% of the Advanced Trades others curries that are termed “exotic” currencies...
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