The Market Outlook

By taking note of various changes in the status of different
available stock options, you will learn how to spot early
market trends, giving you a clue to the future of a particular
commodity, and this can only add to your chances for
profitability. Prediction is a big part of the game when
working in the stock market, since you can never be
completely certain in what direction the market will swing at
any given time.
However, you can make an educated guess, much the same
way a meteorologist forecasts the weather. While he or she

is not right 100% of the time, the forecast is usually quite
close to the actual outcome of the weather because the
meteorologist is a scientist who has studied weather trends
and can pick out details that assist in making that educated
guess. With a little time and seasoning, you can attain the
same level of experience and intuition within the stock
market.
Once you have become more comfortable functioning in the
same world as the stockbrokers and day traders, and you
feel confident (or at least less nervous or awkward) making
such important financial decisions, you may decide to make
your move toward the Foreign Exchange Market (more
commonly known as Forex), and the goal of this book is to
prepare you to operate within the boundaries of this more
complex entity. Next, we will discuss some of the properties
of Forex and how much more complex this stock market
entity can be than a standard domestic market.
The Foreign Exchange Market is incredibly volatile, and there
are a lot more factors to consider when placing an order on
this market than on a domestic market. The following
chapter is an introduction to the exciting and somewhat
scary world of the Foreign Exchange Market, or Forex.