Trading Discussion Why to trade forex?

[Phabbyfundz]

Trading currencies can be exciting and lucrative but if you are just starting out it can be really overwhelming.
During a global financial crises the stock market declines, the real estate transaction freezes and the retail sector may suffer high losses or even bankruptcy. In contrast if your predictions are correct then forex can remain profitable even in the worst of times because currencies are always traded in pairs.
When one currency declines there are always another currency with a rising value, regardless of the broader market conditions. In short you are able to make money regardless of whether the market is rising or trending up or down but your predictions are wrong you can lose as much.
Access the trading world from anywhere In your bedroom , your living room ,sitting outside ,all you need a smartphone and an internet connection.

 

[Setho]

The first thing that should attract you to trade in Forex is your intention for you to make money off the market. This is very important for you to stay focused and also to be disciplined in your trading. Apart from that the forex market can reveal to you a lot of things like an impending inflation .

 

[Wisdom01]

I think most people actually trade forex with the intention of making gains , and it dosent require too much to start up ,with even just $10 you can start making gains from the market and more profit for your self , trading forex is very much beneficial I think

 

[btaliat]

There is much gain in trading forex. If you have a good broker and you are a good learner, you will be making your money. But if you don't have all what it takes to trade without entertain fear or even put in greedy, then forex trading is not for you.

 

[Dita Walczak]

Forex can be a great source of earning for traders but you need a good trading broker to trade in this market. As an ECN-standard broker, I can recommend you Eurotrader broker because it offers traders a good education program to educate their traders. The environment they offer is suitable for trading.

 

[FXOchartist]

The general reason why many traders joined forex because we want to make money online. Forex business offers potential unlimited income through trading, although this is included risky business, however there are millions people in the world joined forex.

But unfortunately not all traders who joined forex will able to make money, most traders fail in first trade less than six months, how to survive in forex trading without money mahagement is impossible. Trading with FXOpen broker, I tries to always trade based risk management.