7 Reasons to Trade Forex

Document Sample
7 Reasons to Trade Forex Powered By Docstoc
					Explosive Profits: 7 Reasons to Trade Forex

There are many money-making opportunities out there and we've been involved with quite a few,
namely property marketing, web development, residential construction security, multi-level
marketing businesses etc.

We've come to a few conclusions with the help of some well-known properity coaches.

Often people with the income they desire don't have the time to enjoy it. Those that have time
don't often have money. You don't have to sacrifice your life-style to earn an above-average
income. If you focus on the for a few months you can make that dream a reality and create time
and money to do what you REALLY want.

To earn a living money is given in exchange for a product or service rendered. It needs to be sold
continuously otherwise your income stops abruptly unless it's a repeat type of product or service.

Money is a medium of exchange. There's no magical formula to possess it, you need to exchange
something of value for it.

What if, you could have access to thousands of customers who are ready, willing and able to buy
from you whenever you wanted? Wouldn't it be great to avoid any hassles like money collection
problems (just had a delayed payment from my web business), keeping difficult customers happy
(we all know what that's like), competition stealing your business without providing the same
value etc.

All that is possible with . You can also trade from anywhere. Take your laptop with you, find an
internet connection and away you go.

Another advantage is that you don't need experience to get started. Get a traditionally job
involves accumulating specialized experience, having a well-polished resume and having the
right contacts. With the right training course, you can get started straight away.

Here's 7 more reasons to trade :

1. It never closes. It's open around the clock, worldwide. Trading positions open at Monday 7am,
New Zealand time and close 5pm New York time on Friday. During this time, you can enter or
exit the market whenever you like. It's a continuous electronic currency exchange. This is great
because you can trade whenever you have spare time.

2. Leverage. Standard $100 000 currency lots can be traded with as little as $1000. This is
mainly because of the ease with which you can buy and sell, some brokers will leverage up to
200 times, so with $100 you can control a 200 000 unit currency position. It's the best use of
trading capital around, even banks lending on property investments don't come close.
3. Accurately predict the outcomes. Currency prices generally repeat themselves in predictable
cycles so you can see what the trends are. 'Technical Analysis' helps to see these trends and
profit from them.

4. Low Transaction Cost. In other words, you mistakes won't cost you a fortune. Good brokers
won' charge commissions to trade or maintain an account even if you have a mini account and
trade small volumes.

5. Unlimited Earning Potential. has a daily trading volume of over 1.5 trillion, the largest
financial market in the world. It dwarfs the equities market (50 billion daily) and the futures
market (30 billion).

6. You can make money in any market conditions. Each market is one currency against another,
so when you buy in one, you're selling in another so there's no biase towards either currency
moving up or down. This means it's up to you to choose which currency to buy or sell with. Yu
can make money going up or down.

7. Market transparency. This is an advantage in any business or trading environment. It means
you can manage risk and execute orders within seconds. It's highly efficient and allows you to
avoid unexpected 'surprises'.

I hope you're now convinced that is the best investment and income opportunity around.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:6
posted:5/20/2012
language:
pages:2