How do you trade?
Instead of trading "stocks" where there is thousands to choose from, you can be a forex trader and are trading pairs of currency against each other. This gives you an advantage because you can focus on just 2pairs of currencies instead of countless stocks. You can trade from your home computer, or any computer with an internet connection from anywhere in the world.
When do you trade?
The FOREX Market is open 24 hours a day so you can be a forex trader whenever you want! You just need a computer, a Demo or Real Money account and a willingness to learn, research, and trade!
Why Should I Trade?
You should only trade if you are ready to change your mind about how much money you CAN make and reach your full potential to become a good forex trader. You should trade managed forex because it's a great tool to leverage your time and replace your income.
If you need to have more specific examples of these kind of events you can search a bit inside your memories and consider the impact of just a few types of unfavorable chaotic world events as the political upheavals or corporate scandals of companies as; Enron, WorldCom, or of people as the case of Martha Stewart trial, etc. There is also the example of the terrorist attacks on Sep 11 in New York, March 11 in Spain, etc. Also natural disasters: tsunamis, earthquakes, floods, freezes, droughts, hurricanes along with wars can cause great disruption in a trading journey.
In short, every forex trader should be totally sure that his method of best forex trading has built-in safe guards (stops, limit orders) to prevent a major financial loss from his trading account in case any of the unfavorable events I mentioned above ever takes place. And being realistic, many of those events will surely happen in the future.
Here are the benefits of Forex Trading: You can work anytime you want 24 hours a day, 6 days a week. It's a continuous online (electronic) that never closes. Work at home, on the beach, or anywhere in the world! You can trade foreign currencies on a high leveraged basis, sometimes up to 200 times your investment! This is made possible by the higher levels of liquidity in the market. Price movements are highly predictable! Managed Forex Market trends generally repeat themselves, creating trends that are easily predictable! With all these benefits and tons of others, you can easily make $200 to $3000 dollars a day trading! Too good to be true? Let us prove you wrong for FREE!