From collectibles to cars, buy and sell all kinds of items on eBayWelcome! Sign in or register.
aAdvanced Search
Popular products
No suggestions.

Reviews & Guides

Write a guide

7 reasons To Trade The Forex Market

by: abdou_seibukan( 95Feedback score is 50 to 99)
19 out of 21 people found this guide helpful.
Guide viewed: 4482 times Tags: forex | training | beginners | Ebook tutorial | investing


With $1,5 trillion excanged every day, the forex is the best home business on the Internet. Although foreign currencies trading is not as popular as stock, futures, or commodities, it is far more powerful than any other kind of investment...

Even if you are an experienced stock trader, or you are just a beginner, you should really try this powerful opportunity. Forex is less risky than trading stock or futures, and it is much more profitable, and a lot easier.
Here is 7 reasons why you should trade forex.

1) The Forex market is open 24 hours a day from saturday 7.00am (New Zealand) until 5.00pm Est.
If you are still at your 9-5 job, you can trade after your job, at any time of the day or during the night.

2) The daily trading volume of the forex is $1,5 trillion. It is a huge market, there is always money for you and everybody. You will not be afraid that your order is not executed, like in the stock market. Noone can control the Foreign Exchange(Forex) market, because it is too huge.

3) You can profit in both raising or falling market. That means that you can make money in both directions: suppose you think that the euro will appreciate compare to the US dollar. In this case,  you  will buy Euro, then sell it later.
Now let's suppose the opposite: the Euro will depreciate compare to the US dollar, you sell euro ( at the same time, you buy US Dollars), then you buy euro later, and you take your profits.

4) You can trade from anywhere. Fom home, outside, with your laptop, at the beach... The Forex Market is known as an OTC market (Over the counter). Everything is un electronicaly. You can trade just patr-time, and keep your main job while making some bucks.

5) There is a considerable leverage. You can trade $100000 with as little as $1000. You trade the Forex by lots of $100000, and most of the brokers will let you trade this amount with $1000.
For the Beginners, you wil trade mini-lots of $10000. The good news is that you need only $100 to trade that amount...

6) Price Movement are highly predictable. The forex market moves in trends, and if you know how to look at the charts (it is easy, don't worry), you will follow these trends and begin to know them.

7) No comission fees at all. The brokers, who enable you to trade don't take any comissions on your trade. They make money only with the spread between the Bid and Ask price.

If you decide to trade the Forex, you must trade at least 2 months in a demo account (it's free), before you trade with real money. Better, I recommend you to stick to your demo account until you can place profitable trades and make more money.

Franck Silvestre.
Finally! Discover amazing Forex Tips Secrets and Strategies with us.
Beginners will have access to our 20 part e-course for free.
New: Have access to 20 hours of tutorial for free!
Contact me for more infos.

P.S: WARNING: 90% of the Forex traders loose all their money in the first three month. (Because they don't know what they are doing). Believe me, part of my job was to give advices to stock trader, and I it was very amazing, how these people was just Throwing their money in the market without knowing what's really hapenning. Really Amazing.

Guide ID: 10000000000870673Guide created: 04/14/06 (updated 10/25/07)

 
Was this guide helpful? Report this guide

Ready to share your knowledge with others? Write a guide



 


eBay Pulse | eBay Reviews | eBay Stores | Half.com | Austria | France | Germany | Italy | Spain | United Kingdom | Popular Searches
Kijiji | PayPal | ProStores | Apartments for Rent | Shopping.com | Skype | Tickets


About eBay | Announcements | Security Center | Resolution Center | eBay Toolbar | Policies | Government Relations | Site Map | Help
Copyright © 1995-2009 eBay Inc. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the eBay User Agreement and Privacy Policy.
eBay official time