Thursday, January 21, 2010


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 futuStart-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 leverageThe 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.