Why Trade Forex?
You can make $200 to $2000 to even $20,000 in less than 30 minutes of work everyday. There is no upper limit. The bigger your account the more money you make per trade.
Forex Trading is much less risky than trading stocks, crypto or currencies on the futures market.
And its much more profitable, and a lot easier, than trading stocks.
Here are 7 reasons Why YOU Should Trade the Forex Market?
7 Reasons Why Forex is The BEST Market
- $5 Trillion Volume
- Profit from Up or Down Moves
- Trade from anywhere
- Leverage is still high (depends on location
- Price is Predictable
- No Commission Fee
Reason # 1 – 24 Hrs
The forex market is open 24 hours, it never sleeps. YES!!! The forex market is open 24 hours a day and 5 days a week, only closing down during the weekend.
So unlike the stock or bond markets, the forex market does NOT close at the end of each business day.
You can enter a position, or exit whenever you want, whenever you are 5 days a week. You do not need to wait for the opening bell like if you were trading stocks. it is excellent for you as you choose the best time for you to trade.
Reason # 2 – Trillions of Dollars
The daily trading volume of the Forex is around $5 trillion dollars
It is 30 times larger than the combined volume of all U.S. equity markets. This means that 1,498,574 skilled traders could each take 1 million dollars out of the FOREX market every day and the FOREX Market would still have more money left than the New York Stock would have daily!
Reason # 3 – Profit within Bull or Bear Markets
You profit in both Up or Down Markets
You have equal potential to profit in both a rising or falling market, because it’s up to you to buy a currency, or to sell it based on the strategy you use.
It’s not buying a stock in exchange for your dollars. In forex you don’t really care if the market is crashing or spiking up. You can profit both ways… EVIL I know!
Reason # 4 – Freedom
You can trade from anywhere around the world.
If you like to travel, this is a dream business, you just take your laptop with you and that’s it, you can make money from anywhere in the world, all that you need is to be sure that you can access an Internet Connection.
Reason # 5: Leverage
The leverage is considerable. 1:20 to 1:500
In fact, you don’t need a lot of money to trade forex, it is recommended to start with $2000, but you can start with $300, then if you have a proven strategy, such as AIMS The Setup your investment will grow consequently, as you can trade up to 200 times your investment. You can trade 100,000- unit currency lots with as little as 1% margin, or $1,000. there is no comparison with the stock market where you need a big amount of money to start, if you want to see real profits. And beside that, you need to post 50% margin.
Now it’s not the same in EU like it used to be but still pretty good.
Reason # 6 – Predictability
The patterns of Forex Market are highly predictable. You can download the data of the last 30 years or more and you will find that the same pattern work even today.
Reason 7 – No Commissions
Unlike the stock market, brokers don’ t take commission on transaction. You pay a spread which perhaps include the commission cost but its relative. Spread is relative not fixed charge unlike the stocks.
To trade forex, you don’t need to have a lot of money to start; you can trade at any time, from anywhere, with a Internet connection, you will not have an order pending because of lack of liquidity, you will not have to work all day.