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Why do u prefer forex trading?

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Dec 30, 2011 10:43 am
#1

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Investment market is huge. There r a number of options to choose from. We can choose to trade securities, commodities and futures etc. But forex is selected by majority of traders.

Why, as a trader, you prefer forex trading over other options? What advantages do you see?

Stick to your rules

Dec 31, 2011 12:44 pm
Jogi User

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Зарегистрирован: 06/06/2011

I like it bcoz I can find a lot of help and resources. Signal services, EAs etc are mostly available for forex trading. It is highly volatile.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Dec 31, 2011 05:28 pm
newentry User

Сообщения: 29
Зарегистрирован: 16/08/2011

Originally posted by uniquetrader

Investment market is huge. There r a number of options to choose from. We can choose to trade securities, commodities and futures etc. But forex is selected by majority of traders.

Why, as a trader, you prefer forex trading over other options? What advantages do you see?

 



 

forex is the popular business and besides it , forex is easy simple to understand by all people in the world, they are familiar with forex because they can find the information with easy 

Jan 01, 2012 06:12 pm
Sasha User

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Forex trading is preferred bcoz it is most convenient in many ways.

Liquidity, 24 hour market, very low or no commissions, limited risk.

Jan 02, 2012 05:46 pm
Jogi User

Сообщения: 685
Зарегистрирован: 06/06/2011

Originally posted by Sasha
Forex trading is preferred bcoz it is most convenient in many ways. Liquidity, 24 hour market, very low or no commissions, limited risk.


Actually there r other investments with these qualities. But no investment opportunity comes with all these qualities.

In my opinion "Liquidity" is the most important factor in ur list.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Jan 08, 2012 04:44 pm

Сообщения: 939
Зарегистрирован: 21/04/2011

Originally posted by Sasha

Forex trading is preferred bcoz it is most convenient in many ways.

Liquidity, 24 hour market, very low or no commissions, limited risk.



hmm right. How about binary options? They r also becoming popular. They have very high returns. They give back a percentage of money incase of loss. They r as easy to learn as forex.

Stick to your rules

Jan 09, 2012 06:03 pm
Sasha User

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Many binary option websites are heavily advertised especially on PTC sites. Return is high but risk is also high. We cannot limit our risk. Once we enter into a contract, we cannot end it manually. There is a specific time for every contract. High return comes with high risk. Forex trading is far better than binary options bcoz we can limit our risk.

Jan 27, 2012 12:36 pm
Starpom User

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I like forex because i can work at home, i can work everywhere and time what i want!

Feb 02, 2012 09:45 am

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Originally posted by Starpom

I like forex because i can work at home, i can work everywhere and time what i want!



Many investment opportunities have this quality. Actually it is a quality but we cannot say that it is an advantage of forex over other competitive investment opportunities.

Stick to your rules

Feb 02, 2012 01:24 pm
MainTrader User

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I prefer it cos nothing like being ur own boss, providing u know what u are doing

Feb 22, 2012 12:29 pm
Jogi User

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Зарегистрирован: 06/06/2011

Originally posted by MainTrader

I prefer it cos nothing like being ur own boss, providing u know what u are doing



:D. This is a dream. In any investment opportunity, u r ur own boss. It is not just in forex.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

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