Automated Forex Trading
Right now, forex trading is the most popular home based business. Forex trading is the recession proof answer to the today's stock market crisis. Anyone can trade forex now from home by going online.
Forex market is quite different from the stock market. The stock market is less liquid as compared to the forex market. Stocks were traditionally seen as long term investments, where people buy stocks or a group of stocks in mutual funds and wait for them to appreciate and build in their retirement accounts.
Forex markets are open 24 hours, five days a week except on weekends. You can trade forex online anytime of the day. On the other hand stock markets are open only from 9 AM to 5PM. After the stock market closes, you have no way to buy or sell a stock.
90% of the people who trade forex are speculators meaning they are looing for making a quick gain. Many forex traders are day traders. Stock trading has traditionally been a long term investment. Once you buy a stock you have locked in your money for a considerable time.
Forex trading is far easier than stock trading. In stock trading, you may have to study thousands of stocks before making your picking. As compared to that in forex trading, you are mostly dealing with 5 or 6 currency pairs.
The trading costs are also lower in forex where you only pay the bid/ask spread as compared to the stock trading where you have to pay a commission to your broker per trade. So, you can see yourself forex trading is a better opportunity than stock trading.
During the year 2008, investors have taken a severe beating in the stock markets. This is the worst bear market after 1929. Even blue chip stocks could not weather the financial storm. Many people lost more than 70% of their retirement accounts during 2008.
Stock markets are going to take a few more years to recover. There is always either a bull market or a bear market prevailing in stocks. In forex, there is always a bull market. Since forex trading is done in currency pairs, if one currency goes down, the other currency goes up.
Forex markets are huge. They dwarf the size of all the stock exchanges of the world combined. Daily $3.2 trillion get transacted in the currency markets. Currency markets are so big that no one has the ability to manipulate them or control them. Not even, the governments or the central banks. Even FED cannot control dollar.
After losing their hard earned wealth in the stock market crash of 2008, many people are wondering how can they recover their losses...
Forex trading is the answer. Many people are afraid of forex trading and think it to be too risky and difficult. No doubt, it is for those who do not try to educate themselves and learn from others. But if you have the discipline and commitment, within a few months you can become a successful forex trader.
You can read my blog where I give many forex trading methods. Most of these methods are risk free. You can try them on your demo account before actually implementing them on your live account. I want you to try one method that works on autopilot and you can try it risk free for 60 days. - 23218
Forex market is quite different from the stock market. The stock market is less liquid as compared to the forex market. Stocks were traditionally seen as long term investments, where people buy stocks or a group of stocks in mutual funds and wait for them to appreciate and build in their retirement accounts.
Forex markets are open 24 hours, five days a week except on weekends. You can trade forex online anytime of the day. On the other hand stock markets are open only from 9 AM to 5PM. After the stock market closes, you have no way to buy or sell a stock.
90% of the people who trade forex are speculators meaning they are looing for making a quick gain. Many forex traders are day traders. Stock trading has traditionally been a long term investment. Once you buy a stock you have locked in your money for a considerable time.
Forex trading is far easier than stock trading. In stock trading, you may have to study thousands of stocks before making your picking. As compared to that in forex trading, you are mostly dealing with 5 or 6 currency pairs.
The trading costs are also lower in forex where you only pay the bid/ask spread as compared to the stock trading where you have to pay a commission to your broker per trade. So, you can see yourself forex trading is a better opportunity than stock trading.
During the year 2008, investors have taken a severe beating in the stock markets. This is the worst bear market after 1929. Even blue chip stocks could not weather the financial storm. Many people lost more than 70% of their retirement accounts during 2008.
Stock markets are going to take a few more years to recover. There is always either a bull market or a bear market prevailing in stocks. In forex, there is always a bull market. Since forex trading is done in currency pairs, if one currency goes down, the other currency goes up.
Forex markets are huge. They dwarf the size of all the stock exchanges of the world combined. Daily $3.2 trillion get transacted in the currency markets. Currency markets are so big that no one has the ability to manipulate them or control them. Not even, the governments or the central banks. Even FED cannot control dollar.
After losing their hard earned wealth in the stock market crash of 2008, many people are wondering how can they recover their losses...
Forex trading is the answer. Many people are afraid of forex trading and think it to be too risky and difficult. No doubt, it is for those who do not try to educate themselves and learn from others. But if you have the discipline and commitment, within a few months you can become a successful forex trader.
You can read my blog where I give many forex trading methods. Most of these methods are risk free. You can try them on your demo account before actually implementing them on your live account. I want you to try one method that works on autopilot and you can try it risk free for 60 days. - 23218
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. Know more about Forex Autopilot Turbo. Visit his blog for Auto Forex Trading.
posted by X - Men @ 2:03 AM
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