I Tried 'Forex' Trading To See How Much Easy Money I Could Make Online
The pound seems to be falling down a bottomless pit as we hurtle towards Brexit. Despite knowing absolutely nothing about the financial markets , I wonder if I can turn this to my advantage? Reports suggest hedge funds could make a killing from "shorting" – betting on a fall in value – of the pound in the event of no deal. This sounds like a piece of piss, so I'm going to see if I can blag my way to becoming a profitable trader in one month. Thanks to the internet, in recent years trading has become possible for anyone with a computer and a few hundred quid to spare. The foreign exchange market (usually shortened to forex or FX) is responsible for trading the world's currencies, and is the largest market in the world – dwarfing even the global stock market. It is open 24/5, with trades taking place across the globe. It's possible to take part at any hour of the working week with just a few clicks from your phone. On the face of it, the trading process is p