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(From The Monitor (Uganda) - AAGM)
Byline: Vinod Sejpal
A reader wrote to me inquiring about foreign exchange trading and that he was considering delving in this business. It would seem that he was attracted by certain web sites claiming it only takes one dollar to start trading and all that was required was his credit card details.
More impressive were the advantages of no stress over day-to-day work at offices, convenience of working from home, no fussing over proper office wear and the luxury of being your own boss.
It is estimated that $1.8 trillion are traded on the foreign exchange market everyday. The bulk of the trading is between …