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Trading Commodities, Commodity Options and Currencies (Collection) by Carley Garner, Paul Brittain

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Introduction to the World of Currencies

The concept of currency in civilization dates back to the ancient Egyptians, but the ability for the average individual to participate in the speculation of currency is a relatively new concept. As technology improves, so does the ease of access to the markets; compliments of lower barriers to entry, popularity in currency trading has soared.

Whether or not the inflow of currency speculators to the financial markets throughout the previous decade has had a positive or negative outcome on valuation is still up for debate. Some argue the added market liquidity enables markets to “discover” pricing more efficiently(liquidity is simply the ability to easily enter and exit a market efficiently and is the result ...

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