Forex trading: A way to make millions?

Forex is basically a cool short form of foreign exchange. So Forex trading is nothing but exchanging a country’s acceptable currency with that of another country’s acceptable currency. Now to answer the question of how one makes money via forex trading here’s a very simple example: Say you are an American and wish to take a holiday to England. As USD isn’t an acceptable mode of transaction in England, you go to your nearest currency exchange dealer and exchange Dollars with the Pound sterling. In today’s exchange rate for $10 you get GBP 8.1 in exchange. So you took...

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