Unleash your future by trading FOREX!
FOREX means foreign exchange, and that today alone nearly $ 2 trillion will be traded by banks, governments and corporations, and private trading partners and business speculators. Speculators trade to make profits by buying one currency while selling another. And people like you are making a nice profit each day from home after hours trading, without thinking about commissions and margin calls (the dreaded word for day-traders)
So is Forex for you? Yes and let me list the benefits that are available to everyone - including you. As stated Forex Trading is the exchange of currencies for profit, and it offers unmatched potential for profitable trading in any market condition or stage of the business cycle. No other market can make that claim - I have not even begun to list the cool stuff yet.
Here you go:
* No commission. Sun clearing fees, no exchange fees, no government fees, no brokerage fees.
* No middlemen. You can deal directly with the market using an online trading platform.
* No fixed lot size. You can start a trading account for as little as $ 300, because the lot sizes are not predetermined.
* Low transaction costs. True, there is no formal committee, but there is a spread between bid and asked price of one currency paid. But that spread is about 0.1% of the actual transaction - making it relatively cheaper than many other markets.
* High liquidity. A trader can enter or exit the market at will in almost any market condition. Your bottleneck is your Internet connection speed! Have almost instantaneous transactions.
* Low margin, high power. These factors increase the potential for higher profits (and losses if you gamble with your money)
* 24 hour market. A trader can take advantage of all profitable market conditions at any time - no opening bell or 'after hours trading - its always open!
* Online Access - You can do it all from home or at work ... even on the train or plane or coffee stops with WiFi access!
* Not related to the stock market! Because you can profit no matter what the stock markets are making the world currencies, you do not really care whether or not the DOW!
* Interbank market. Backbone of the FOREX market consists of global network of dealers. They are mainly major commercial banks that communicate and trade with one another. There are no organized exchanges to serve as a central hub, as the New York Stock Exchange ... Forex market will never crash because of some major world event. Of course prices can be affected, but your shopping opportunities are always present.
* No one can corner the market. Because of its sheer size and number of participants, not even a central bank can control the market price for a longer period of time.
* No internal trading. Again, because of its size and de-centralized nature, there are no significant opportunities compared with other markets fraud.
If you're familiar with any equity (stocks) or the futures markets - the above list will be very impressive to you. If you are not familiar with this material, take my word - the good news and its way cheaper than trading stocks. Profits can be stunning and so can not lose. That is why it is critical that beginners invest in the training program that will give understanding and trading system, which minimizes losses and stresses educated trading.
Previous Article
- If the banks do it - why not
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment