So what are the special characteristics of the forex market, which distinguish it from other types of investments?
When you think about the different types of investments, there is a certain investment always comes to mind first. Your trading Forex , or foreign currency exchange has a number of features make it superior to other types of investments. Forex market remains open 24 hours a day, unlike theequities markets. Most investments require a considerable amount of capital before you can take advantage of any investment opportunities available. As to trading Forex You do not need only a small capital to saucepan. Anyone can enter the market with a capital of no more than $ US 300 through the use of "mini account", which allows you to trade in lot consists of ten thousand units, croaker one worth ten thousand units of a given currency is equal to one decade. Each "point" or movement up or down in the currency pair is equal to the loss or gain of $ 1, depending on which side it stands at the market. Standard account gives you control over 100,000 units of currency , and then the point or pip equals ten dollars .
Forex market also has great liquidity. One moment you are trading Forex you have full control over your capital .
Many other types of investments required to keep the money for a long period of time. This is a bad thing for you if what you need for your money it would be difficult to obtain without incurring losses. Also , you can be controlled using a limited amount of money
Forex traders that they can realize their profits , whether in bullish or bearish market conditions in the stock market traders can profit not only with therise in stock prices. Forex traders also can achieve both in the ascending or descending trends profits. Forex trading may be of risk, but with theability to configure a successful system are strictly followed , as well as the application of capital management policies and maintain self - discipline, the Forex Trading may be considered relatively low investment risk .
Forex market can be traded at any time and anywhere. As long as you have access to a computer , you also have the ability to access the forex market. One of the important things that you should remember before jumping towards forex trading. Is is wise trade practice by using the "real money", or "phantom money." Most brokers provide trading demo accounts and service from which you can download the trading station to train them directly using phantom money. Although this is not a guarantee on the level of your performance while turning to work with real money. But training on the demo account will give you a great advantage to become fully prepared and ready when it begins to trade real money. There are alsoa number of forex courses on the Internet, just be careful when you select none of them to buy .
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