Forex trading for the little guy

Since alot of these systems are dealing in Forex, we thought that we should provide a overview of what "Forex" is.The FX Market StructureThe foreign exchange market is the generic term for the worldwide institutions that exist to exchange or trade currencies. Foreign exchange is often referred to as "forex" or "FX." The foreign exchange market is an 'over the counter' (OTC) market, that means . . .

Hawala, or the Bank that Never Was - Part II

II. HAWALA AND TERRORISMRecent anti-terrorist legislation in the US and the UK allows government agencies to regularly supervise and inspect businesses that are suspected of being a front for the ''Hawala'' banking system, makes it a crime to smuggle more than $10,000 in cash across USA borders, and empowers the Treasury secretary (and its Financial Crimes Enforcement Network - FinCEN) to tight. . .

Foreign currency trading is an exciting opportunity to make money

Foreign currency trading is an exciting and relatively new opportunity to make money. Foreign currency trading is done through the foreign currency exchange which is often referred to as Forex for short. The Forex market is where currency is bought and sold. For example, if you have a corporation that makes profits in other countries, you would exchange the foreign profits into your own domesti. . .

Born to Barter

When we were children the word "barter" was too extensive of a word for our vocabulary. If an adult mentioned the word "Trade", then-ah yes, we knew exactly what they were talking about. This was something we were all very familiar with. Remember trading lunches? Unless one of your parents was a famous chef, we all did it. Trading alleys occurred about every other day, and how about the most fa. . .

Is Our Money Safe? - Part I

Banks are institutions where miracles happen regularly. We rarely entrust our money to anyone but ourselves – and our banks. Despite a very chequered history of mismanagement, corruption, false promises and representations, delusions and behavioural inconsistency – banks still succeed to motivate us to give them our money. Partly it is the feeling that there is safety in numbers. The fashionabl. . .

Bankers in Denial

Denial is a ubiquitous psychological defense mechanism. It involves the repression of bad news, unpleasant information, and anxiety-inducing experiences. Judging by the German press, the country is in a state of denial regarding the waning health of its economy and the dwindling fortunes of its financial system.Commerzbank, Germany's fourth largest lender, saw its shares decimated by more than . . .

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