Wednesday, January 7, 2009

Why Forex

  • Take control of your own finances. Beat the returns from mutual funds, hedge funds or managed funds.

  • Start-up costs are low when compared with day trading stocks or futures.

  • Forex is the world’s largest market. No one can corner the market.

  • With a trading volume of around $1.9 trillion dollars a day, no single entity can control the market for an extended period of time.

  • You can make money when the market is going up or down.

  • Forex markets trade 24hours a day. There is no waiting for the opening bell.

  • Technical analysis works very well and the market trends well.

  • Forex offers up to 500:1 leverage but it is wise to avoid very high leverage if you can afford it. Stocks offer 1:1 or 2:1. Futures offers 15:1 leverage

  • The forex market is the most liquid in the world. Traders can almost always open or close a position at a fair price.

  • You can make big money working only a few hours a day or week on your computer.

  • You can trade from anywhere in the world where there is an internet connection.

  • You can gain experience without risking your own money by using a free demo account.

  • When trading stocks, there are over 40,000 stocks to choose from. In forex, you can choose a few currency pairs and focus on them.

Very interesting, right?

However in every investment involve risk!
and I have to tell you the warning:

U.S. Government Required Disclaimer
Commodity Futures Trading Commission Futures and Options trading
has large potential rewards, but also large potential risk.
You must be aware of the risks and be willing to accept them in order to invest in the FOREX, futures and options markets. The past performance of any trading system or methodology is not necessarily indicative of future results.

So the DO NOT PUT ALL YOUR EGGS(money) IN ONE BASKET.