Day Trading Forex
This is a fascination. Here is a wide open field that almost anyone can take advantage of. It use to be only for the mega rich people, the big corporations and banks. They are trading foreign currency's..
Can you imagine this is a 1.2 trillion dollar a day being traded. Thats 1.2 TRILLION a day.
Now with the Internet you you too can trade the foreign currency's. You can set up a account with as little as $300.00 up to whatever. Regular accounts usually start with $3000.00. You are able to leverage you funds 100 to 1. SO you will be controlling 10,000.00 or one lot in currency's for $1,000.00 and for every pip on movement you can make $100.00. With the mini account you will control 1 tenth of a lot. $1000.00 for $100.00 and your pip is worth $1.00. Just so you will understand a pip is what an increment movement in a currency is.
Sz. Daniela