where do i go to buy and sell the currency? are there any books on these for strategy?
2007-02-04 05:33:56 · 4 answers · asked by frankysnewcolorpainting 2 in Business & Finance ➔ Investing
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2007-02-04 11:14:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Any on line broker will let you buy and sell currencies, if you deposit enough money as collateral. It is a tricky game, certainly if you do very short term trading. In that case it is more like gambling really, and that is how I would look at it. For longer term positions, read publications from international central banks and books on monetary economics. Not easy, but very interesting...
2007-02-04 05:43:33 · answer #2 · answered by Cheanea 3 · 0⤊ 0⤋
There are books. "Technical Analysis of Financial Markets" John Murphy is one. Currency trading is a very specialize occupation as is trading of any of the financial markets. It can not hurt to have a background in economics. And mathematics and logic would not hurt at all. They teach one to think locically.
But I would almost be willing to bet that many successful currency traders have backgrounds as varied as one can possibly imagine.
2007-02-04 05:49:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I think you need atleast an AA in International Business & a BSc in Statistics
2007-02-04 06:14:12 · answer #4 · answered by raqandre 3 · 0⤊ 0⤋