An Overview of the NetPicks’ Stunning Operations - 550 Words

An Overview of the NetPicks' Stunning Operations (Article Sample) Content: An Overview of the NetPicks Stunning OperationsNetPicks is an online trading strategy company that deals with Forex trading and was founded in 1996 by Mark Soberman. The headquarters are located in Irving, Texas. Their main goal is to empower and support investors and traders to become financially independent and consistently profitable traders, therefore giving them their financial freedom.NetPicks is known for providing trading education with content that ranges from stocks, futures, options and, forex basically helping a trader achieve full success in their market (Forex trading in currency pairs allows a trader to invest in the movement of prices of different currencies. People who trade electronically by using platforms such as NetPicks find the opportunity to trade currency pairs in a market that is decentralized. This trade has been embraced in major cities such as New York, Paris, London, Sydney, and Tokyo meaning that it operates 24 hours a day.The main reas on as to why traders choose trading currency pairs is the fact that the forex market offers a high liquidity in substantial amounts accompanied by volatile price movements. Many financial opportunities arise from these quick changes in the prices. NetPicks records a daily trading volume that equates to $5.2 trillion.The forex market has limited trading options. The common currency pairs traded are the United States dollar versus the Canadian dollar, the Australian dollar versus the United States dollar, the Euro versus the Yen among others. Before making any trade, NetPicks advises traders to identify and evaluate the risk factors associated with certain currency pairs. When buying an order, a trader is able to observ...