Forex traders are slaves to their computer and most lose money or break even.

They are a quirky bunch living from tick to tick.

The ones that do make money can see patterns that the average trader does not see and no computer program can identify.

So, what kind of opportunities exist for people like me and possibly you.

Well, first I live in Canada and even though I have strong financial experience to the best of me I cannot figure out why the UK Pound is worth so much more than the Canadian Dollar.

I know Canadians are nice and polite and we are considered only valuable for our unprocessed resources.  As the commodity market goes so does our dollar.

However I still do not get it.  Why can I spend $20 on a meal in Canada and spend £20 on the same quality meal in the UK.  I can go on and on but in most cases what I would spend here in dollars to obtain a product or service is the same I would spend in the UK in pounds to obtain the same product or service there.  The problem is it cost me $36 for that £20.

Now let’s take Thailand.  It is the opposite.  Not only is the exchange rate quite favourable but what I can buy with it is also quite favourable.

So, where is the opportunity.

Well, I can play both ends of this exchange difference.

I can create a business in Thailand the produces a product that I then sell in my online store to people living in the UK.

I could sell the product in Canada as well and I will.  However I can take advantage of the exchange rates to make more in the UK.  What I sell in Canada for $10 I can sell in the UK for £10.

Seems like a good idea.