"Advantage" in Forex
Posts: 177
Member since: 12/04/2012
The major advantages of forex are the timings and these markets are 24x5 traders can trade anytime based on their convenience. Also the leverage provided enables a trader to perform much better trades and the investment where a trader can start trading with even little amount .
Posts: 75
Member since: 07/04/2012
The Forex is the largest financial market in the world is open 24 hours a day. He is active at all times in all countries and takes into account time differences.
Posts: 836
Member since: 16/05/2011
Yea, forex is largest financial market. But it is not the only market which opens 24 hours a day. We can give it a plus in terms of its volatility.
Posts: 177
Member since: 12/04/2012
Originally posted by SashaYea, forex is largest financial market. But it is not the only market which opens 24 hours a day. We can give it a plus in terms of its volatility.
Forex is 24x5 markets with 2 days off in a week. Also a trader can join and start trading with less or minimum amount and still make money by taking less risks .
Posts: 75
Member since: 07/04/2012
The best traders consider trading as a profession that should not be taken lightly. They spend much time analyzing the markets and to improve their trading strategies.
Posts: 359
Member since: 21/05/2012
The advantage you have as a trader is that you can limit your risk, and set your reward. You can also limit your entries to high probability entries. If you don't follow these rules, then the market has an advantage over you and will beat you repeatedly. Price action works to a point, because you are jumping on the back of unfortunate traders who need to unwind losing positions, but indicators are not reliable imo, and fundementals unfortuntely do not dictate price movement.
Posts: 194
Member since: 26/04/2012
There are many advantages of forex trading one of this is we can make a huge profit daily with different pairs and some pairs are really highly profitable to us and we just need a good strategy for it .
Posts: 194
Member since: 26/04/2012
There are many advantages of forex trading we can make unlimited profit through it and there is no limitation and we can trading 5 days in a week and turn our 100$ into 1000$ and i just love forex trading .
Posts: 276
Member since: 31/03/2020
Leverage is very important in Forex trading and with Forex trading you can make good money if you have good knowledge and skills.If you want to be expert trader then it is necessary for you to learn Forex it would be helpful for you.
Posts: 227
Member since: 05/06/2015
Forex is the most powerful market in the world for sure. In the forex i found two best advantage that are:
1. High liquidity
2. The ability to trade on margin (Leverage)
I use FreshForex broker for my trades. FreshForex has the liquidity licensed so I can liquidate my money anytime. FreshForex also has a 1:2000 leverage policy so that I can gain double that I invest. FreshForex also has many other opportunities for its clients such as a 300% bonus on deposit and 0% commission on deposit. It's a win-win situation for any traders.