How do you make money trading currencies? Please explain as if to a first grader….?


 Powered by Max Banner Ads 

I feel like I’m losing money everyday keeping my savings in USD. I live abroad but kept my money in USD because I just kinda figured it was safer, but boy I should’ve switched it to RMB (Chinese yuan) a long time ago.

Now I’m moving to Japan in a few days and wonder if it would be better to take out all that money now (in China) and then switch it from RMB to yen, or if I should wait til I get to Japan and just switch USD-YEN. What’s the best plan of action?

I heard the dollar just fell a whole bunch against the yen, so thats why im asking. I don’t really understand the currencies market…

 Mail this post
Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay
StumbleUpon It!

Technorati Tags: , , , , , , , , , ,

Blog Traffic Exchange Related Posts Related Websites
  • One Hundred Pushup Challenge -- Knee Push ups, 1 Handed Knee Pushups, and Full Push ups Well if you haven't heard by now then you aren't paying attention to the Health and Fitness blogosphere... Everyone is doing the 100 push up challenge at 100 push ups.   It is a 6 week training program geared toward a final test where 100 consecutive pushups are completed.  (My first......
  • how do you know when your spouse is cheating? Ive been dating this love of my life for two years. We been married for 7 months now and we have a beautiful baby boy. All of a sudden since I got my Job he ask me if I have a boyfriend? or tells my son that im hiding a......
  • Another romance scene between Jak and Erin...? Okay, so I posted a question a little while ago (maybe a few weeks) that was asking if my writing was good - It was a romance scene on a beach between two people named Jak and Erin. Well, I was writing, (at 3 in the morning, again!!!) and so......
  • Why do women on on-line dating sites ignore black/African men for dating when posting profiles online? I went to match.com for the first time in my life yesterday to see if I could find a match, however I was pretty shocked when I actually saw a category for "preferred ethnicity" I read through dozens and dozens of profiles only to find out 90% of the women......
  • An Investment Average of 10% won't Guarantee Success An Investment Average of 10% won't Guarantee Success I saw a great advertisement released by my office's parent company today; I have never released what my office's parent company is...and I am not about to start now! Notwithstanding my obsession with privacy, I couldn't get over this info and felt like I......
  • What's your opinion on this new gambling law? Do you feel your rights are been violated?? I mean why Bush feels he has the authority to prohibit me to play a buck or two on an slot machine over the internet on a boring night??!!!! I'm not a gambler, I enjoy to play once a month on online......
  • Wednesday Lotto AU 750K Today's NSW Lotto is not a lot easier than Monday's. With most numbers looking to come from those within the last 10 draws, and at least 3 or 4 numbers from within 5 draws. Previous draw the Saliu ANY Filters were: 1+ 3+ 6+ 7+ 9+ 16+ All PLUS, strongly......

One Response to “How do you make money trading currencies? Please explain as if to a first grader….?”

  • class member says:

    EASY..just find a currency trading house and they’ll let you know what is working best at that time, since it varies.

    Don’t travel with all that cash..set up an account where you are which has an affilate in where ytou are going, and use that accountmto withdraw what you need as you need it !!

Leave a Reply

CommentLuv Enabled

This site uses KeywordLuv. Enter YourName@YourKeywords in the Name field to take advantage.

Security Code:

Stock Trading Resources