Why do u prefer forex trading?
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I just love this business because this is the only business which can be started my even less capital and then also we can able to make a large profit through it and i just mad on this business.
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I NEED TO MAKE MORE MONEY WITH THIS FX MARKET
LONGBEACH2012
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Originally posted by VUTHYOEUNGI NEED TO MAKE MORE MONEY WITH THIS FX MARKET
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Well, everyone wants to earn more money. So why do u want to earn with forex trading and not any other investment opportunity.
The good or ill of a man lies within his own will. – Epictetus
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People prefer forex to make money, because it is one of the best and trustworthy online trading, where people can make their fortune, if they learn all about forex trading.
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All post are really great,where can i really start to gather information about forex which can be a stepping stone for me?
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Originally posted by uniquetraderInvestment 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?
Investment market is indeed very big. But I decided to go to Forex trading amid a variety of options to choose from because I find it more challenging. Additionally, it is growing popular and is global. Liquidity, risk that you can manage and low commission are other things that like about it. I actually trade stocks before I opened a new Forex trading account.
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I ventured forex initially thought it was a quick-rich business only to find out that you need knowledge,patience and skill.Nonetheless,I find out challenging.
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Originally posted by uniquetraderInvestment 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?
because if i have more experience and knowledge about forex trading, i can earn a money from the forex trading business, so i like it...
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Forex trading is quite different. I could earn a lot of money when I traded Gold but it is too risky for me and moreover, it's difficult to predict. Trading stocks requires traders to have a lot of money to gain decent profit since leverage is not high. In Forex market, leverage is often 1:100 and up to 1:1000, which allows to me make good profits from small scapital :), currency is not easy to predict but at least, I predict market trend in short-term.
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Originally posted by jackcmForex trading is quite different. I could earn a lot of money when I traded Gold but it is too risky for me and moreover, it's difficult to predict. Trading stocks requires traders to have a lot of money to gain decent profit since leverage is not high. In Forex market, leverage is often 1:100 and up to 1:1000, which allows to me make good profits from small scapital :), currency is not easy to predict but at least, I predict market trend in short-term.
I completely agree with you, Gold is a good investment for turbulent times i.e. recession its a nice safe area to trade in. In stocks there is the issue of leverage but i dont't like how shares can be affected by trivial things i.e. a single comment from a senior member of staff. Currency is also hard to predict BUT it is dictated by a majority rather than a minority's actions as highlighted in stocks, and it has more variety than trading gold, i think Forex is more exciting :)