How does Trading Work? I can say you that take a look at this site ( http://forexsignal.kyma.info ) may be it can help you. It 's one of the best course about trading. It seems like Trading is almost totally based on Macro-economics. It also strikes me that since there are not nearly as many currencies as there are stocks/bonds/derivatives etc etc, there must be a large number of market players in each currency bracket. So logically, currencies must be very liquid true? Also, what is the risk of Currency trading, high or low? When I read the business section every day I notice that the Canadian loonie moves hardly a tenth of a cent on a regular basis (in comparison to the US dollar). So it seems like theres very little room for growth in currencies unless you leverage. On that note, whats the maximum leverage permitted for forex trading. I know in stocks its x2, and in derivatives its x10. Anyway the only way to know how to start a profitable buisness is by following some methods like the one that I suggested.

Divide by 12. The 8% is per year.

8% is for a YEAR, not a month.

8% would be per year, not per month.

.08/12 = .0067 (rounded)

.0067 × 2000 = $13.30 per month

Interest rates are always expressed as an ANNUAL number. And mutual funds don't have "interest rates." They have rates of return (which fluctuate).

Yes I would like to set up the account where the interest made per month is deposited into my checking account.

I did $2,000 x 8% and got $160 per month. This seems high to me though.