Forex Is Different

Category: Finance, Currency Trading.

There are many benefits and advantages to trading Forex.

Leverage gives the trader the ability to make. extraordinary profits and at the same time keep risk capital to a minimum. Here are just a few. reasons why so many people are choosing this market as a business. opportunity: LEVERAGE: In Forex trading, a small margin deposit can control a much. larger total contract value. Some. Similarly, with$ 500 dollars, one could trade with$ 100, 000 dollars and so on. Forex firms offer 200 to 1 leverage, which means that a$ 50 dollar margin. deposit would enable a trader to buy or sell$ 10, 000 worth of currencies. LIQUIDITY: Because the Forex Market is so large, it is also extremely liquid.

You are never stuck in a trade. This means that with a click of a mouse you can instantaneously buy and sell at. will. You can even set the online trading. platform to automatically close your position at your desired profit level( limit. order) , and/ or close a trade if a trade is going against you( stop order) . Forex is different. PROFIT IN BOTH RISING AND FALLING MARKETS: On the stock. markets, you can only make money if shares are rising, but in economic. recession and falling bear markets, there is little chance of making big money. One of the most exciting advantages of FX trading is the ability. to generate profits whether a currency pair is up or down . For example, if you think the US dollar will increase in. value vs. the Japanese Yen then you will buy Dollars and sell Yen( go long) .

A trader can profit. by taking a long position, (buying the currency pair at one price and selling it. later at a higher price) , or a short position, (selling the currency pair and buying. it back at a lower price) . If. you think the Yen will increase in value against the Dollar then you will sell. As long as the trader picks the right direction, a. potential for profit always exists. 24 HRS: From Sunday evening to Friday Afternoon EST the Forex market. never sleeps. Dollars and buy yen( go short) . This is very desirable for those who want to trade on a part- time. basis, because you can choose when you want to trade- -morning, noon or night. Forex firms offer free Demo accounts to practice trading, along with breaking.

FREE DEMO ACCOUNTS, CHARTS AND ANALYSIS, NEWS: Most Online. Forex news and charting services. The fact is, it doesn t. These are very valuable resources for traders. who would like to hone their trading skills with virtual money before opening a. live trading account. MINI TRADING: One might think that getting started as a currency trader. would cost a lot of money. Online Forex Firms now offer. mini trading accounts with a minimum account deposit of only$ 200- $500 with. no commission trading. Please visit the author s other trading sites to learn more about forex trading: http: //www. daytrade- forex. com. http: //www. daytradeforex. com. http: //www. daytradeforex. com/ products. htm. http: //www. professionalforextrading. info. http: //www. professionalforextradingonline. info. http: //www. successtrading200com. http: //www. successtrading200com/ forex. http: //www. tradecurrency. ca/ education. htm. http: //www. shortterminvestingsite. com This makes Forex much more accessible to the average. individual, start, without large- up capital.