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Why Trade Forex
- Take control of your own finances.Beat the returns from mutual
funds, hedge funds or managed funds.
- Start-up costs are low when compared with day trading stocks
or futures.
- Forex is the world’s largest market. No one can corner the
market.
- With a trading volume of around $1.9 trillion dollars a day,
no single entity can control the market for an extended period of
time.
- You can make money when the market is going up or down.
- Forex markets trade 24hours a day. There is no waiting for the
opening bell.
- Technical analysis works very well and the market trends well.
- Forex offers up to 100:1 leverage but it is wise avoid very
high leverage if you can afford it. Stocks offer 1:1 or
2:1.Futures offers 15:1 leverage
- The forex market is the most liquid in the world. Traders can
almost always open or close a position at a fair price.
- You can make big money working only a few hours a day or week
on your computer.
- You can trade from anywhere in the world where there is an
internet connection.
- You can gain experience without risking your own money by
using a free demo account.
- When trading stocks, there are over 40,000 stocks to choose
from. In forex, you can choose one or two currency pairs and focus
your analysis.
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