10 REASONS TO START TRADING FOREX!
competition
in focus magazine More and more well informed investor and
entrepreneurs are diversifying their traditional investments like stocks, bonds
& commodities with foreign currency because of the following reasons: 1)
FOREX is the largest financial market in the world. With a daily trading volume
of over $1.5 trillion, the spot FOREX market can absorb trading sizes that
dwarf the capacity of any other market. arihant
magazine In fact, when compared with the $50 billion
daily market for equities or the $30 billion futures market, it becomes quickly
apparent this gives you, and millions of other FOREX traders, almost infinite
trading liquidity and flexibility. 2) FOREX is a True 24-hour market. The FOREX
Market never sleeps. Trading positions
can be entered and exited at any moment around the globe, around the clock, 5.5
days a week. focus
magazine There is no waiting for an opening bell
as in the case of trading stocks. It is a 24- hour, continuous electronic
(ONLINE) currency exchange that never closes. This is very desirable for you if
you want to trade on a part-time basis, because you can choose when you want to
trade: morning, noon or night. 3) There
is never a Bear Market in FOREX. competition
focus You can have access to a seamless exchange of
currencies. Currencies trade in pairs (for example, US dollar vs. JPY (YEN) or
US dollar vs. CHF (Swiss franc), one side of every currency pair (for example,
USD/CHF) is constantly moving in relation to the other. Thus, when you buy a
particular currency, you are actually simultaneously selling the other currency
in that particular pair. best
magazine competitions As the market moves, one of the
currencies will increase in value versus the other. Of course, it is up to you
to choose the correct currency to be long ( you bought) or short( you sold)
focus
competition.
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