Forex Education Gets New Life at Marketplace Books
December 14, 2006 (PRLEAP.COM) Business News
Lou Mendelsohn’s book, Forex Trading Using Intermarket Analysis: Discovering Hidden Market Relationships that Provide Early Clues for Price Direction, and the FXCM sponsored Foreign Exchange Course by William Dale are two products getting increased exposure from publisher Marketplace Books.Foreign exchange (FOREX) trading has taken significant steps into the mainstream. Thanks to advances in trading technology offered by online currency trading firms, individual investors have found access to a market that was initially out of reach. This increased interest and popularity has pushed everyone in the industry, including Marketplace Books, to increase offerings of high quality FOREX educational material including books, dvds, courses, and training seminars.
Although there are many big players in FOREX, recent changes in the regulations have made it possible for the small investor to profit. Internet trading has forced changes in regulations to allow large interbank units to be broken down into smaller lots. According to F.X. R.E.S.E.R.V.E.S (http://www.fxreserves.com/), a lot is worth about $100,000 and is accessible to the individual investor through 'leverage'—loans extended for trading. Typically, lots can be controlled with a leverage of 100:1, meaning that US $1,000 will allow you to control a $100,000 currency exchange.
Investors find there are many advantages to trading FOREX: liquidity of the market, 24 hour accessibility, open market fluctuations, and no commissions (brokers earn their money by setting spreads). However, FOREX is not easy money and it is wise to start researching as much as possible about the market before trading. This is where Marketplace Books and others are hoping to help.###
About Marketplace Books: Based in Columbia, Maryland, Marketplace Books has been serving the needs of investors, financial advisors, and professional traders since 1995, often partnering with key industry players in the investment world.