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Why people trade currencies
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[QUOTE="moonchild, post: 298976, member: 57467"] A lot of people trade forex with the hope of making a quick buck by riding the waves of currency price changes, some smart investors use forex trades to reduce their risk in other investments. By offsetting their investments with currency trades, they can reduce their potential losses. While, savvy traders look for opportunities to profit by buying and selling currencies simultaneously in different markets where prices may differ and some folks see forex trading as a way to diversify their portfolios and potentially benefit from currency market trends and economic conditions. Now, I'll be straight up with you - forex trading is not for everyone. There's a ton of risk involved and you need to be properly educated and equipped to succeed. But for those who are up for the challenge, it can be a lucrative opportunity. It all boils down to your ability to put in the work and make it happen. [/QUOTE]
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