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Money determines our lives at all levels. In developed western societies the amount to our account in a bank determines our social position and of course our standard of living.

But it was not always so. In antiquity rather than money was the exchange of products, which has come today-even partially-in the countries of Southern Europe is experiencing a nasty and painful economic crisis.

In Greece, for example, have created banks exchange time where someone knowledgeable of an object (eg, a math teacher) offers its services to anyone who needs them and instead of taking money from him takes time and knowledge.

A mathematics teacher who needs a doctor can visit him and get his advice, paying services, namely mathematics lesson. Or a housewife who wants to learn a foreign language, it can exchange one hour lesson with one hour cleaning a house.

At the same time, we have learned and individual cases where the agreement both parties can be exchanged products. For example, a cattle raisers can give a percentage of milk or meat from a farmer in return get part of its production to feed his livestock.

There are of course, societies (those that got used to characterize "underdeveloped") and even today, the property of each to determine the camels, oxen or horses in his possession and in some cases they operate.

In our society, however, the so-called "developed" money has a starring role in this still determines not only the quality of our lives, but also our social position.

The trail of money

The first appearance of money to trade, there were an estimated 5,000 years ago in Mesopotamia.

Since then it has established itself in all transactions, initially in the form of shells (ancient Greece), later with coins (bronze, silver and gold) and then with the notes. Addition, there were derivatives of money such as stocks, bonds, mutual funds etc.

Exchanges

As people moved and always interact and promoting the products produced and as this transaction was growing so being created different needs which came to cover the creation of Exchanges.

In Europe it is estimated that the first informal exchange had been operating since the 12th century in France, and as a result, trade created banks and bank branches around the world. Indeed, in some cases, the banks were used for reasons of colonial countries and governments that created them.

The first official stock market in Europe dates back to the 17th century in Amsterdam. There, around the same time presented the first wave of speculation.

The bloom of the stock came in the 19th century, but the spread and dominance was felt after the two world wars.

So today, people and countries have complete dependence money and its derivatives, while the financials products are gaining ground even in the uninitiated, always aiming at profit and revenue growth.

Direct transactions and profits

The spread of the internet benefited markets and exchanges as well, using his all transactions are even more directly.

By creating the World's Trading Machine trading stock products have grown rapidly as possible to anyone who sits in front of a computer, to participate and make a profit, even without the intervention of a broker.

Their use, which is easy (even for someone who has relevant knowledge) has been widely known since the profits were those who used them first.

Those indeed for transactions made use of CFDs were respectable profits. CFDs are contracts that earn money on the difference in value of the shares purchased by someone opening and at the price it had to close.

Considering the profits are from them, rather CFDs have a long future ahead of them.

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Andromaxi Ixtsi has 1 articles online

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This article was published on 2013/10/21