Is Foreign Currency Trading Profitable
Buy foreign stocks with a foreign currency?
Has anyone traded foreign stocks, on a foreign stock exchange, IN THAT COUNTRY’S LOCAL CURRENCY? It sounds like this could be profitable in more than one way.
It is. If you can pick up timing difference in exchange rates between three currencies, you can buy at one price and immediately sell at another. It is called arbitrage. There are already a few places doing it…
The Forex Trading Coach – A Guide To Profitable Forex Trading
