What's all the fuss about Forex Trading?

1. THE LOWDOWN ON TH FOREX MARKET
The Foreign Exchange market, or Forex Market is literally the largest and most liquid
market place in the world. This is the place where you can literally create millions for
yourself, if you use proper professional trading strategies. This marketplace has both
the leverage and the accuracy to transform your trading career.
Forex accounts for about $3 trillion dollars in trades every single day. That’s more than
every single asset class – bonds, stock, equity markets – combined!
So, why trade in Forex?
The Size of the Market
The sheer size of this marketplace means you get the versatility you don’t get from
trading stocks – you can easily execute your trades at any time and the cost of dealing
is low. This means unlike stocks where a larger number of trades would mean a higher
price, in Forex it doesn’t matter how much you trade, the cost stays fixed.
Another benefit is that the highs and low spikes you would normally expect from
speculators in stock is smoothed out because, again of the large size of the market.
This means your trades are highly accurate as well.
Success Resources: http://www.srpl.net/

2. The Market Never Sleeps
It doesn’t matter which market you’re trading in, you don’t have to follow the schedule of
someone else. You pick the strategy that suits YOUR time, early in the morning or late
at night, there’s setups that will fit your preferred working hours.
The Market with NO Gaps
Unlike the Stock market – the Forex market does not gap. A gap is a space on a chart
where no trading takes place, leaving literally a physical white space on the chart This is
dangerous. Let’s say you bought some shares in a company but discovered a week
later that the company is having problems and releases a profit warning. The gap could
be 10%, so unless you used a guaranteed stop loss you would take a whopping 10%
loss on the trade.
Now this is well known to stock traders and it is considered ‘market risk.’ This gap does
not exist in the Forex market. The Forex market is completely seamless (except from
Friday evening to Surday evening when there are no trades). This means you can trade
the market non-stop without the fear of getting ‘gapped-out’ of your trade.
Success Resources: http://www.srpl.net/

3. The Market with Low Dealing Costs
The price difference between what you buy and sell at is important. A big difference
would mean that if you buy something and immediately decide to sell it back, you would
have to come up with a higher out-of-pocket cost of dealing.
In stocks, the difference between what you can buy and sell your stocks (the spread) is
controlled almost exclusively by market makers. The spread changes often, and is a
reflection of the amount of stock available at any given time. If there are lots of buyers
and sellers for that particular stock, then clearly the dealing risk is lower and the
resultant cost of dealing is lower.
However in the Forex market, the spread is unaffected by market condioons. The
spread is always fixed, so you always know exactly what prices you are dealing at.
That’s because, as said before, there are no size restrictions in the Forex markets.
All these reasons make Forex trading a highly attractive investment and cashflow
strategy that anyone can absolutely learn and use to generate a very lucrative income
stream.
Success Resources: http://www.srpl.net/