Courses in Currency Trading

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Currency Trading for Beginners....5

Courses in currency trading allow investors to practice trading foreign currency on software or through finance classes. Talk to advisers and accounts about currency trading before investing with insight from an insurance and financial adviser in this free video on currency trading.

Part of the Video Series: Currency Trading Tips
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Video Transcript

My name is Bill Rae. I'm with Alumni Financial Services. I've been in the finance and the business world for well over 20 years, and today, we're going to talk a little bit about currency trading courses. Well, first of all, what is currency trading? Currency trading basically is, if you will, a betting of whose money is stronger. For instance, is the Canadian dollar stronger than the U.S. dollar today, or is the U.S. dollar stronger than the Euro? What about the yen? Every country has its own monetary system, and the trading of that monetary system is what currency trading is all about. Where can you find courses on this? Well, any brokerage that's dealing in currency trading will have software on their websites that will allow you to play, if you will, like a Monopoly game to get a feeling for what currency trading is. Excuse me. My recommendation is also read around trade magazines. Keep current of the world events. Check with your local community college. Do they offer courses in trading or in business? There's numerous places to gather information. I've often been told that currency trading is kind of like ski-jumping on steroids. You never know what the end result's going to be, but it's going to be exciting. And if you can get a handle on it, although the risk is high, the profit is also high. My name is Bill Rae. I'm with Alumni Financial Services, and as always in the financial field, I urge you: understand the risk and the rewards. Seek outside counsel. Talk to advisers such as ourselves, or your accountant. Get familiar with what you're doing before you jump off. But like I said, it is ski-jumping on steroids. So have fun. My name is Bill Rae. I'm with Alumni Financial Services, and we're here to help you build wealth.

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