By Mike Pachuta
There are many many advantages over the various other
ways of investing. First of all it is a 24 hr market,
except for weekends of course. You have the US market then
the European and then the Asian. One of the great times to
trade is during the over lapping periods. The USA and
European overlap between 5am & 9am eastern and the Euro &
Asian between 11pm & 1am eastern. Usually the busiest time
and best to trade.
The is also the risk factor for the accounts. With
futures and options you can get margin calls that can wipe
you out. If you get caught in a bad trade not only do you
lose the money in the account but you may have to come up
with a lot more from your pocket. It can be very risking.
But not in Forex. Worst case scenario you could lose whats
in you account. But you would have to do something really stupid. Like making a big trade on a Fundamental day and
leave it alone. If market takes a bad move and you weren’t
there. OOOPS. But That wouldn’t happen with a smart
trader.
Then there are the demo accounts which is an account
where you can trade using all the right things,
platform, charts, and information. But you are using play
money, or what we call paper trading too.
Plus with Forex you have a mini account. Instead of
needing thousands of dollars to get into it. You can open
an account with as little as $300.00. Now of course you
will be trading at 1 tenth of a trade. IN other words you
controling 10,000 instead of 100,000.00 These are call
lots. Which also means you will only risk 1 tenth too!
So if you would love to learn to do investing and not
have near the risk you really need to take a closer look at
Forex trading.
Mike Pachuta
Forex trading is exciting
Free trading training. http://www.SUCCESSFUL-FOREX.COM/
This article was originally published By www.ezinearticles.com
