Have you ever thought why there are so many people addicted to the stock market? Or people that read the news only to look at the currency exchange rate? Well there are people that earn passively using the forex or Foreign Exchange. People that work at home glued to their laptop looking at graphs and currencies… Yep, welcome to the world of forex trading.
The forex market is the largest financial market in the world with volume averaging about $4 Trillion per day and compared to the stock market which is only about $25 Billion per day. Having said that, this market created millionaires in a blink of an eye.
You always see in the news that peso to dollar rate fluctuates P40 – P48. Forex traders take advantage of those fluctuations to earn real money by buying one currency and selling it before the market closes. You can earn thousands and even millions a day just by purchasing large amounts of different currencies. You can buy currency at an instant and blink 2 seconds then sell, you can make profits.
Being a forex trader is kind of difficult. But it is one of those most rewarding knowledge that you can have. Because basically, you don’t do any work. You just predict, using statistics whether buying a currency will make you a profit or will give you losses.
There are a lot of newbie tutorials that you can read to learn about forex. Once you are good at it, you can go up a level by using forex robots and softwares. You can learn about beginner forex trading on sites like investopedia.com. Or learn from expert forex traders one on one with forex systems written by forex experts themselves. Here are a few:
Forex Systems written by Forex Experts
Free Beginner Forex Websites to Read
Forex robots are softwares that are used by experienced forex traders to buy and sell currencies automatically using their computer even if they are not physically there. Meaning, you’ll have more time for yourself and literally free from any work.
Forex robots are necessary to make judgement whether you need to buy, sell or stay. Since we humans have emotions that might get in the way when we buy or sell currencies. Such as being afraid to lose money, having sympathy to current events which might affect our decision making. A forex robot is a machine, a software that does not feel but only decide on factors that will make you money.
Here are a few forex robots out in the market
Forex trading is such a lucrative market and a lot of money to be made. That is why most forex traders hire programmers to do their forex robots and keep them to themselves. It is hard to find forex robots that is trust worthy and searching for free forex robots is insanely hard. You may need to pay for a decent forex robot. And having said that, we recommend to learn at least the basics of forex trading before getting your feet wet on having a forex robot.
Forex Robot as explained by Investopedia
A computer program based on a set of forex trading signals that helps determine whether to buy or sell a currency pair at any one time. Forex robots are designed to remove the psychological element of trading, which can be detrimental.
You can learn more about forex and investing on investopedia. Its like an encyclopedia of everything related to investing. We at work at home Philippines, dreams of Filipinos working at home, having their own time. And we think that posting about forex trading might catch the attention of some people that is interested in a work at home environment and at the same time a laid back job. Or people who are interested in forex but don’t know where to start or don’t have the time. This post is for you.
You don’t have a boss being a forex trader and you are free with your time.
I personally have a friend that is a forex trader. And that is what inspired me to write this post.