Pinnacle-Exchange Makes Forex More Accessible
Pasadena, CA (ContentDesk) October 30, 2005 -- Pasadena-based Pinnacle-Exchange, Inc., announced plans to make learning Foreign Exchange more accessible by offering free training and education to those who open self-trading accounts. During November, anyone who opens a self-trade account with Pinnacle-Exchange can attend each of four Saturday trainings at no charge. Pinnacle-Exchange sees educating investors on FOREX as a core value. This offer will allow more people to learn about FOREX, promote self-reliance and teach valuable investing techniques and strategies, said Simon Ho, president.Ho said people who want to learn about Foreign Exchange are often stopped by the cost of spending $1,600 to almost $4,000 to learn how to trade.
The money they spend on learning the basics of Foreign Exchange trading then makes it more difficult for them to make the investment in trading, said Mr.
Ho.Pinnacle-Exchange typically charges $1,000 for up to four training sessions lasting for three hours each. After the sessions, a veteran trader is available at no additional charge to help the novice investors place their first trades and learn how to get in and out of the market profitably. Pinnacle-Exchange has trained more than 600 self-traders during the past four years. Simon Ho has been interviewed on KCAL-9, plus spoken at the Altadena Crown City Kiwanis Club, the Pasadena Kiwanis Club and Cal State University Northridge Student Finance Association.Interviews available upon request..
Why Forex Trading Is So Popular
The Forex market is often more appealing to people that like to live on the edge. There is more uncertainty by far and the rewards of knowing when to buy and sell can be immense.
For those of you who don't know, the Forex stands for, Foreign Exchange Market. The Forex deals in all different types of currencies and pits them all against each other. For example: the English pound might be worth more than the American dollar but if there is a natural disaster or a nasty political event, then the pound could drop below the value of the American dollar and thus would make money for the individual who had bought the English pound, when they sell.
The people who trade on the Forex market are known as day traders. The reason for this is that the day trader buys at the beginning of the market for that day and then sells off all that he or she had bought by the end of the day.
This type of trading is not for the inexperienced. There is potential to make a lot...
Why Forex Trading Is So Popular
Forex > Why Forex Trading Is So Popular
Forex Training Follow Your Gut or Your Broker
Which way will the forex market move? Do you just follow your gut feeling? Or do you have Neo's sixth sense that would let you be one with the market and feel the underlying currents. Trading forex is a non stop action movie but a good one, where you really don't know who will win at the end. Every forex trader is trying to predict the winner of his own movie.The forex markets move fast. Can we understand why they move? Yes, we can but only by having a feeling for the market, the instinct to know in which direction to move. Will our intuition enable us to predict the forex markets every move? Of course not.
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Forex Training Follow Your Gut or Your Broker
Forex > Forex Training Follow Your Gut or Your Broker
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But you can always improve its condition. Let's start with the basics. When applying a detergent go from the outside to the inside. Avoid making the common mistake of scrubbing circularly...
Forex vacuum Pinnacle-Exchange Makes Forex More Accessible Pet Stains? My Carpet Is Cleaner Than Yours!
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Forex > Caring For Your Dog
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Forex Pinnacle-Exchange Makes Forex More Accessible term life insurance
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Forex > How to Start Your Search for the Perfect SUV Accessory
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