Back in 1996 day trading became possible. This was when the internet first started being used to trade assets like stocks and bonds. NetPicks was founded in that year and ever since it has been helping people who want to make money trading online. One of their core focuses is on forex trading. This is speculation where the trader pairs two currencies against each other and makes a bet on whether the value of one of these currencies will go up or down versus the other currency. With the right trading strategies in place a lot of money can be made doing this.
The experts at NetPicks says that most traders pair the United States dollar against other currencies. The other currencies that are most often used in this speculation are the Japanese yen, the Canadian dollar, the Swiss franc, the euro, and the UK pound sterling. Some people choose to do more exotic pairings than this but for the most part the risk of doing so really outweighs any possible benefit. Some people also use margin accounts to trade which means they borrow money from their broker. Just $1000 of equity can be used to fund trades up to $100,000 in value. NetPicks says to never borrow more than you can afford to pay back, though. More on netpicks.com.
Mark Soberman established NetPicks in Irving, Texas, and he is the top executive. Everyone he has hired has personal experience doing their own trading and so they have many years of experience at this company (netpicks.com). They can help everyone who wants to make money trading whether it’s just a few minutes a day for them, to earn a part-time income, or to dive into it as a new full-time career.
Some training program in the trading industry takes months to go through. NetPicks instead uses video training that skips all of the “academic” and “theoretical” background that doesn’t actually help anyone learn to trade. Instead their video training gets right into the details of developing a winning strategy. They also help their customers every step of the way unlike a lot of companies in their industry.