For any investors who think that the investment market is easy, this may later cause regrets and frustration on their end. Trading, regardless of what commodity you are interested in the investment is hard and a bit technical. However, this doesn’t mean that you can’t succeed in it. By arming yourself with the right knowledge and practice at the same time, you will eventually reach success.

So what basically is currency trading and how would you know if this is suiting for your needs?

FOREX (FX) or also known as the currency market is the biggest investment market you can ever find. Every year, it just keeps on growing. In fact, on April of 2010, the market has reached 4 trillion dollars turnover as being its daily average. Generally, it is a 20 percent increase since 2007. When compared to the NYSE or the New York Stock Exchange, there’s just a 25 billion dollars of daily volume.

Currency trading is open 24/7 and it’s closed from Friday to Sunday evening. This makes the 24/7 trading session to be somehow misleading. In fact, there are 3 sessions that a trader may join in and these are:

• Asia
• Europe and;
• America

Despite the fact that there’s overlapping in sessions, the primary currencies in every market are mostly traded during market hours. In other words, some currency pairs have bigger volume on a given session. Traders who opt to stay with pairs based on dollar find most volume in US trading sessions.

Pips and Pairs

Every currency trade you see in the market is traded in pairs. Compared to the stock market in which you could either sell or buy a single stock, you should buy one currency and then sell another currency in FOREX. Also, almost all currencies are priced to its 4^th decimal point. A pip or the percentage in point is basically the smallest increment of a trade wherein 1 pip is usually equivalent to 1/100 of 1 percent.

Beginning or retail traders normally trade currency in form of micro lots. This is because a pip in micro lot is representing just 10-cent movement in price. With this, it allows them to easily manage if their trade does not produce the expected results.

Road to Financial Independence

If you’d be able to master or at least get the concept behind money trading, then this can help a lot in growing your finances and make it easier for you to get approval from 24 hour car title loan companies.

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 the 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.