Hello my name is Richard Hamilton, I am 57 years ole, I am married since 20 years and I have a 19 years old daughter called Jaquelin, who is actually studying at Harvard University.
I have a Degree in Economics and I have always been a professor and also a company advisor. One year ago, the budgetary cut that was produced in the education area of my country brought as a consequence the loss of job, this situation put me in a very unfavorable place, fortunately I used to have the support of the savings that I had been saving during my career and I was still the advisor of companies and some private clients which left me some profits to continue living.
An year ago, a client who was adviced by me, told me about the existence of a market which name was Forex and that he has proven and got important profits. This comment made me feel curious and I began to analise more details about the Forex Market. Taking advantage of my knowledge about Economy I came into this world and I began to invest my first dollars with a mini Forex account. Today I remember it with homesickness as USD 200 was the best bet that I had done in my life.
My first experience made me continue falling in this new opportunity and that was how the amount of money that I was investing continue growing and with this the increase of my profits continue growing.
I know all the secrets of Forex Market and many people have been surprised with the fast economic growing that I had last year, in special those people that are closer that got to know my situation more deeply.
The amount of queries that I have received in these last months has mede me become a reference in financial issues and has made me create an appropiate place to have your doubt answered the clearest you can to invest at Forex Market.
My aim is to offer a service through internet considering that this media is used by millions of people trying to find new opportunities to escape from an opposite situation or to improve your investment simply.
I invite you to come with me to get to know the Forex Market and you will see how this world will open many doors that will make your life change.I want to welcome you all and I hope this site help you.
Following the steps of the evolution of the money in forex is a useful exercise and it is necessary to practise it to be able to interpret the changes of the market. Forex is the biggest market of the world where millions of operations are done every day buying and selling foreign currencies, and as in every capital market, what we negotiate are expectations. Always the one that earns money at forex is the one that interprets what will happen in the future.
Foreign currencies commercialised in forex are: American dollar, euro, yen, Canadian dollar, Australian dollar and Swiss franc. The changes of the markets can modify your profits in money, and in front of these variations you must pay attention as any cange can play against you.
One of the advantages that forex has to be able to earn more money is that either the purchase or sale of foreign currencies are done in pair. For example, euro/Swiss franc, if one of the two currencies is reducing its value, you will be able to get rid of it and buy the foreign currency that raises and this will allow you to earn money.
Another advantage that forex gives you to be able to speculate about the evolution of your money is that you can do an arrangement at future according to the value of the currency, for example from now to three months.
Which is the importance of the evolution of the foreign currencies?. Considering that you are in a market that is based on the purchase and sale of foreign currencies, the evolution of these is the first that you have to consider. The evolution of the exchange rates can be a fundamental factor when planning investment strategies.
In Forex the dollar, euro, yen, pound and Swiss franc are commercialised, these currencies have the support of the strongest economies of the world and that’s why this is an advantage of which you should take advantage when doing an investment.
The evolution of foreign currencies depends on many factors that have to do with the situation that influences the cyclical movements of the value of the foreign currency. I will mention an example to explain what I have said ’till this moment.
The euro was introduced in europe in 1999 after a year of stability of the markets of Europe. During the first years the currency reduced its value because of many cyclical factors of the market economy, anyway, in those days noone imagined the evolution that the Euro would have after seven years of life.
The evolution of the euro produced a revolution at the monetary market as during the first months it provoked a great demand turning to be over the dollar. After a growing period the evolution of the foreign currency euro falled because of the low growing rates of the European economy and of the high levels of unemployment that were registered.
Nowadays, after seven years from the moment that Europe adopted the euro as a unique currency, the situation has changed, as the stability of these nations has made that the evolution of these foreign currencies become favorable and continue raising in front of the dollar.
What I really would like to explain with this example is that, analise the international situation is a very useful mechanism to see the evolution of the foreign currencies. The variation in gold prices, crude or the economic indicators of the principal economies of the world can be a vital tool to have a profitable investment.
Opening a forex account is the first step that you should do to enter definitely to this world. The demo account is the one that will be useful to practise before investing real money at Forex Market.
In the net there are sites to which you will have access for free to a demo account. For example, entering to will be able to open a demo account that will be an essential tool, to reach an appropiate entertainment. Opening this kind of account you will have these advntages. Firstly you will develop the ability of putting protection orders of losses and of profits at the original moment of your entrance. Secondly you will not risk either a cent and you will have available U$$ 100.000 in an account 100K or U$$ 10.000 in a mini forex account. Another site where you can open a demo account for free is in . The Essay Account of FXCM offers an environment of real market with access to action and execution of prices in live.
If you have a forex account of demostrationyou will have the possibility of practising and learning the working of the market before beginning to invest actually your money. Thirty days is the time that you will have to dedicate to the demo account so that when investing your money will not be in risk.