The nice about being an investor is the fact that they can trade in virtually any currency worldwide via FOREX or Foreign Exchange. To generate money in this platform, it is imperative to be mindful that you’re taking a speculative risk. Simply put, you’re making an educative guess that the value of a certain currency would increase relative to another.

The ROI expected is similar to money market and lower compared bonds or stocks. On the other hand, it is feasible to boost the risk and returns through leverage. Currency trading in general is a lot more profitable for active traders compared to passive investors.

Idea behind Selling and Buying Currency

For any aspiring traders, it is necessary to take into account that currencies are being priced and traded in pairs. To give you an example, you might have seen currency quotation for the pair EUR/USD of 1.1256. In such example, base currency will be euro while US dollar is quote currency.

In all of the currency quote situations, base currency will be worth one unit. The currency quoted is the currency’s amount that one unit of base currency could by. Pertaining to the example, what it means is, 1 Euro can buy 1.1256 USD. Investors may make money in FOREX by means of understanding appreciation in value of quoted currency or by decrease in value of base currency.

Making Money by Trading Money

Yet another point of view on currency trading is by considering the position that investor takes on every currency pair. Base currency could be considered as short position because you’re “selling” the base currency to buy quoted currency. In return, the quoted currency may be seen as long position on currency pair.

Following the given example, we knew that 1 euro can buy 1.1256 USD and vice versa. In order to buy Euro, the investor has to go short on USD to go long on Euro. To be able to make money on such investment, the investor needs to sell back the Euro when the value increases in relevance to the USD.

Assuming that Euro’s value appreciated to 1.1266; if you have 100,000 Euro, the investor gains $100 ($112,660 – $112,560) if they pushed selling Euro at the current exchange rate. If it fell from 1.1256 to 1.1246 USD, then it is an automatic indication that they would lose $100.

Guidance and Assistance

It is kind of hard to enter the money trading market, more so if you don’t have any basic or deep knowledge in this field. This is true especially if you are trying to penetrate crypto market making services. Different markets will have a different approach, which is the same reason why you need professional services to assist you and guide you every step of the way.

Over the past two years, the legalization of cannabis make way for a relevant business within the weed industry. Alongside with this legalization is the continuous emergence of top Canadian cannabis companies which foresee the opportunity in investing in marijuana market. This leads to a significant increase in the intensity that goes around with this kind of business.

Yet, despite of the growth due to the enormous participation of lots of companies in the cannabis-related businesses, the issues with the legalization of marijuana is still on the hot seat. Because of this concern, the ability of the cannabis market to be provided with appropriate funding entails number of barriers. It is always on the financial capability in which the success of cannabis company may be proven.

Luckily, there are cannabis companies that took their places on the list of those penetrating the cannabis-market. Despite of the financial challenges that this industry is facing, these companies are continuously generating their revenues. This shows how to make money in trading options. Let’s take a look on what companies made it to the top.

Top Three Canadian Cannabis Companies Penetrating the Weed Market

1. Canopy Growth Corp.

Based on market capitalization, CGC is the largest marijuana company.

An Ontario-based company, the Canopy Growth Corp. or the CGC is the first ever cannabis company regulated by the federal government. Moreover they are also a licensed public traded grower of cannabis within North America. The company’s sales are increased by around 283%.

2. Aurora Cannabis

One of the major producer of weed is the Aurora Cannabis or the ACB which is also a licensed weed distributor. Next to Canopy Growth, Aurora Cannabis is the largest cannabis market based on market capitalization. Because it purchased the Pedanios GmbH which is located in Berlin, this cannabis company established its strong presence internationally.

In terms of company’s sales, it nearly doubled up due to its acquisitions of two more companies. These companies that contributed to the company’s sales growth are the MedReleaf and CanniMed. With around 387% revenue increase, Aurora Cannabis really enjoyed its growth.

3. Aphria

Aphria or APHA is a new comer in the legal weed business. Its main focus centers on the medical marijuana in which it received a license for the medical items’ production and distribution. Because of its goal in expanding and penetrating the US market, high profile and controversial acquisition has been done by Aphria. Due to this business decision, company’s net revenue nearly tripled.

Foreign Exchange or simply known as FOREX is the trading of currency in global market. The beauty about this market is the fact that it is remarkably liquid coupled with incredible daily trading volume. As with other investments, FOREX trading isn’t for those who have weak stomach. Having said that, FOREX market brings unique benefits compared to other known markets. This is after learning and mastering the basics of course.

FOREX is Literally Open 24/7

Given the reason that FOREX market is global, rest assure that trading is non-stop. So long as there is a market that is open, a trade is taking place. Trading begins in US when first big market opens in Sydney, Australia at 5pm EST on Sunday. Then, trading would end for the week as soon as the last major market in New York , closed at 5pm on Friday.

Liquidity is Unimaginably High

Say for example that you will be using loan for lawsuit as your main method of investment, then it’ll be worth it! This is for the fact that it has high liquidity. It’s the asset’s ability to be turned into cash quickly.

In FOREX, high liquidity indicates that big sum of money could be easily moved in and out of currencies with small spreads – differences between bid prices among potential buyers as well as ask prices for potential sellers.

Low Transaction Costs

The transaction costs are oftentimes built into price in FOREX market in form of spread. FOREX brokers then take home the spread as their fee or payment for being the facilitator of the trade. Spreads are then measured in pips. In most currencies, pip is the 4^th place after decimal point or 1/100 of a percent.

When it comes to FOREX trading, say that the bid price falls on 1.3244 and asking price was 1.3246, then the spread for transaction was 2 pips. Brokers may be charging commission either based on percentage of amount of transaction or a flat fee. This will depend largely on the broker you are discussing about.

Leverage the Market

FOREX brokers are usually allowing traders to perform buy and sell in market by taking advantage of leverage. This has given them the capacity to trade with higher sum of money than what they actually have in their accounts. If you’re about to trade 50:1 leverage, for example, you can trade 50 dollars for every dollar that’s stored in your account. It may be small but if it’s viewed on a different angle, you can possibly control trade of 50,000 dollars even with just a thousand dollars capital in your account.

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