Advantages of Forex Trading
Foreign
exchange is the world's largest financial market, and has been
available to retail traders since 1999. This new and exciting global
market offers opportunities unavailable in other categories.
24 Hour Trading
The Forex market is open 24 hours daily (Sunday 17:15 to Friday
16:30 Eastern Time). When Asia market is close, the European market
start follows by the USA market and continue by Asia market again the
next day. Thus, this allows Forex traders to take positions regardless
of the hour and locations.
Market Size & Liquidity
There are always buyers and sellers in Forex market. The Forex
market absorbs trading volumes and per trade size which dwarfs the
capacity of any other market. On the simplest level, liquidity is a
powerful attraction to any investor as it suggest the freedom to enter
or exit the market at any time. Forex traders benefit from the ability
to respond to breaking news immediately. There is no other market or
investments that you can ever make an exit exactly at the time you wish
to.
Profit Opportunities for Bulls and Bears
"Buy low
sell high", this is what every investor knows and practising in
whatever market. One of the most exciting advantages of Forex trading
is the ability to generate profits whether in the bull or bear
condition. In the Forex market, apart form buy low sell high, Forex
traders can always sell high and then buy back at lower price to
generate profit.
Leverage
In Forex
trading, a small margin deposit can control a much larger total
contract value. 100 to 1 leverage enable Forex traders to buy or sell
$100,000 worth of currencies with $1000 margin deposit. It gives Forex
traders the ability to make extraordinary profit. However, leverage is
a double edged sword which can magnify profits as well as losses.
Low Transaction Costs
Trading
Forex has much lower transaction costs than other investment products,
a very important point for active traders. There are no commissions on
trades. MGFOREX are compensated through a
portion of the bid/ask spread.
Plus get trading signals for FREE from me.
Regards,Razmik