Back in 2004, you wouldn’t get a single answer if, while walking through the streets of Kuala Lumpur to grab a quick afternoon snack, you asked a stranger if he or she knew about currency trading. People who have experience in investment and work within the banking sector would not be able understand you, find here.
Most people in 2009 have at least some basic knowledge about forex trading. City people at least. The internet is responsible for all of this. Trading forex online is more convenient than ever. This phenomenon affects all countries. Computers have been used by traders from Russia and China to trade forex.
As the forex market grows in popularity, all forex brokers compete to grab a chunk of it. It has created fierce competition which has lowered the criteria for opening an online Forex Trading account. For only 20 dollars, you can open a Forex trading account at major forex brokers. Twenty American dollars are equal to 68 Malaysian ringgit. The Malaysian currency of 68 ringsgit cannot buy you two steak dinners. A few dollars can be used to purchase forex accounts.
It is easy to trade in forex for those who have a few coins, an internet connection, and computer. The scammers will always be around where there is a lot of business that provides great opportunities. The scammers never want to be forgotten. They always seek out opportunities to exploit those who are weak, unfortunate, or ignorant. It seems that everyone gets asked this question. Would you want to take a 3-day class that teaches you how to trade currency every day and make $1000USD?
These hotels are where the hoteliers can make their sales pitch. In my opinion, I attended “seminars’ at least 30 different times and found that most of them did not know anything about the topic. These people were trying to promote a product, which they had undoubtedly repackaged. It was disappointing to learn that they didn’t touch upon any aspect related to forex trading. Salespeople were promoting wealth and skipping the forex market. They are advertised either in the paper, online or word-of mouth. How much does it cost? The price can be as high as 6000 Ringgits for a 3 month course.
Please give us your valuable comment