The Foreign
Exchange Market
by Frank Soler of SolerInvestments.com
As per Wikipedia "The foreign exchange market (forex,
FX, or currency market) is a global decentralized market
for the trading of currencies. In terms of volume of trading,
it is by far the largest market in the world."
The keywords being "largest market in the world".
I don't know about you, but I want to trade the big markets.
And forex is the biggest.
Also, it also has a few other benefits. Smaller spreads,
high liquidity (which leads to more movement). Lower costs.
No sector risk. No middlemen. Micro to large lot sizes.
24 hour trading.
Leverage (more than is even needed in my opinion).
Need more reasons why you should highly consider trading
the Foreign Exchange Market? Ok. Better tax treatment.
Longer trends. More obvious trends. Hedging allowed. Instant
execution. No short selling restrictions.
I wanted to make this very obvious. If you're serious about
trading, you should really, really, really consider currency
trading. Hint, hint, hint..
Frank Soler is a successful trader and Registered Investment
Advisor. His company provides real-time Forex,
Futures, Options, and Stock Picks, an eye-opening Trading
Blog, and a free
online trading education center.
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