Thursday, 4 December 2008

Just Who Trades Forex Currencies:


Forex offer Trading occurs 24 hours per day, 5 days a week so investors always have access to brokers and the ability to trade and make profit

forex offer Online trading platform makes trading easy and most can be personalized to suit your particular trading style and needs

forex offer Very large and liquid market making it easy to enter and exit positions

forex offer Volatile market that is prone to rapid price fluctuations-and the potential to make big profits-or take a big loss!

Trading is leveraged but brokers tend to offer very low margins (as little as 1% of the transaction total can be used as capital)

forex offer No commission for trading-brokers make their money on the spread, or the difference between the ask and bid price

forex offer Ability to set stop/loss points and limit potential loss while pursuing maximum profit

Basically, the Forex offers the thrill and chase you might find in Vegas along with the technical analysis and detective work people associate with Wall Street.

Baby boomers especially love brokers which forex offer free demo accounts for the investor to learn the ins and outs of the Forex market before actually risking any money.

Like any investment tool, the Forex market presents risk for any potential investor. It is the risk that creates the opportunity for both profit and loss. And, like most investments, taking the time to do the homework and identify trends helps make more informed and guided decisions. For anyone looking to make a real boost in their income or retirement account, the Forex offers an opportunity to earn unlimited profits-but the losses can mount too so be sure to place stop/loss orders with any position to limit exposure.

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