Forex: Tips & Benefits
Currency trading on the Foreign Exchange market has numerous advantages as a home based business.
The startup costs compared to traditional businesses are extremely low.
You don't need any employees.
Trade from the comfort of your own home directly from your computer.
Make money regardless of the state of the US or world economy.
Trade from anywhere. If you like to travel, this is a dream business. Take your laptop with you and you can trade Forex and make money anywhere in the world where you have an internet connection. You have total freedom of location.
No experience or expertise whatsoever are required if you use a quality trading system, such as the 5Minute FOREX™ foreign currency trading system
When trading currencies you make profits on the fluctuation of exchange rates between major currencies. Currencies constantly fluctuate against one another regardless of the condition of the economy in individual countries, including the US. It is the perfect financial market. Trading Forex is truly a recession proof business.
$300 Account Minimum
No more are the days when you had to have millions of dollars to trade Forex. The minimums have now been lowered to the point where most people can afford access to foreign currency trading.
Liquidity
Forex is by far the most liquid market in the world. There is NEVER a problem buying or selling a position as in the stock market. The Forex market can absorb trading volumes and per trade sizes that dwarf the capacity of any other market. On the simplest level, liquidity is always a major attraction to any investor as it allows one the freedom to open or close a position at will. You can access the funds in your Forex brokerage account as easily as you can your bank account.
24-Hour Market
Foreign exchange trading is the only 24 hour market. It is the ideal market for active traders. Unlike stock and futures trading, currency trading on the Forex market is not cut short at the "close" of each day's trading. Forex trading is never paused, which ensures true 24 hour trading and the ability to trade during virtually any important event. The benefit of Forex being a 24 hour a day market is that there are little or no gaps in the market, meaning there is no chance that prices will close one day and reopen the next day at radically different rates.
When you are trading equities or futures, the central exchanges close at the end of the business day. This means that there is no liquidity in these markets after hours since the market is closed, which makes trading impossible. In addition, there is a high degree of risk for traders who have open positions after the market closes. If news or events take place after the close that affect their positions they will have no opportunity to liquidate their trades. The next day, at the open, prices may immediately jump drastically, forcing the trader to close their positions at a rate which they incur a far greater loss than if they were able to close their position after hours. The continual, 24 hour a day liquidity of the Forex market ensures that the trader can always open or close a position anytime, thus eliminating the large potential risks with market gaps
The startup costs compared to traditional businesses are extremely low.
You don't need any employees.
Trade from the comfort of your own home directly from your computer.
Make money regardless of the state of the US or world economy.
Trade from anywhere. If you like to travel, this is a dream business. Take your laptop with you and you can trade Forex and make money anywhere in the world where you have an internet connection. You have total freedom of location.
No experience or expertise whatsoever are required if you use a quality trading system, such as the 5Minute FOREX™ foreign currency trading system
When trading currencies you make profits on the fluctuation of exchange rates between major currencies. Currencies constantly fluctuate against one another regardless of the condition of the economy in individual countries, including the US. It is the perfect financial market. Trading Forex is truly a recession proof business.
$300 Account Minimum
No more are the days when you had to have millions of dollars to trade Forex. The minimums have now been lowered to the point where most people can afford access to foreign currency trading.
Liquidity
Forex is by far the most liquid market in the world. There is NEVER a problem buying or selling a position as in the stock market. The Forex market can absorb trading volumes and per trade sizes that dwarf the capacity of any other market. On the simplest level, liquidity is always a major attraction to any investor as it allows one the freedom to open or close a position at will. You can access the funds in your Forex brokerage account as easily as you can your bank account.
24-Hour Market
Foreign exchange trading is the only 24 hour market. It is the ideal market for active traders. Unlike stock and futures trading, currency trading on the Forex market is not cut short at the "close" of each day's trading. Forex trading is never paused, which ensures true 24 hour trading and the ability to trade during virtually any important event. The benefit of Forex being a 24 hour a day market is that there are little or no gaps in the market, meaning there is no chance that prices will close one day and reopen the next day at radically different rates.
When you are trading equities or futures, the central exchanges close at the end of the business day. This means that there is no liquidity in these markets after hours since the market is closed, which makes trading impossible. In addition, there is a high degree of risk for traders who have open positions after the market closes. If news or events take place after the close that affect their positions they will have no opportunity to liquidate their trades. The next day, at the open, prices may immediately jump drastically, forcing the trader to close their positions at a rate which they incur a far greater loss than if they were able to close their position after hours. The continual, 24 hour a day liquidity of the Forex market ensures that the trader can always open or close a position anytime, thus eliminating the large potential risks with market gaps
posted by northwind at
5:55 AM
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