Percentage in Point

---

Advantages of Forex Trading Posted: 03 Sep 2010 05:06 AM PDT There are several advantages of Forex trading. In several ways the advantages of currency trade or forex day trading are much more than day trading stocks or futures. Here I have mentioned few advantages of Forex trading: Forex market conducts 24-hours trading The forex market runs for 24-hours. What this signifies is that it depends on the choice of a currency trader that during which hours he or she can trade. Low initial starting capital Starting capital required for currency trading strategies is much lower than the starting capital required by the day trading stocks. Thus, if you are willing to try out forex trading then you could possibly do that with small amount also. Forex market offers 50:1 Leverage Margin Much huge buying power is offered by Forex trading than day trading stocks, by which only 4:1 margin is offered. On the contrary Forex trading offers 50:1 margin in trading. All trading accounts are FDIC insured accounts With the forex trading your account is completely protected via segregated, FDIC insured customer accounts. Forex market has Superior liquidity The largest financial market in the world is the foreign currency exchange market. Due to its huge volume of trade there are fair prices and narrow spreads. You can get free currency trading program with real-time charts and news On the internet you can find several free easy-to-use online forex currency trading system along with streaming, real-time charts, news and commentary according to the currency trading market. There are no commission or transaction fees in forex trading Forex trading is quite cost effective as it has no commission requirements and transaction fees. Forex trading allow you to make money in rising and falling markets In fx trading there are no restrictions to sell currencies short. This trading is not like stocks which have to be sold short on an uptick rule. This signifies that with forex currency trading it is possible for you to make money just as easily in rising and falling markets. FX trading is better in after-hours than stocks trading After regular trading hours, stock liquidity is reduced. This problem is not faced by the forex currency trading due to the fact that the currency trading market is open 24 hours.

Common Mistakes Made By Forex Traders Posted: 01 Sep 2010 12:52 PM PDT There is no doubt about that the forex trading market is quite profitable for individual investors. However, forex trading market doesn't work for eveobody. Only some experts with great knowledge and good luck can make most of this market while other can only dream about becoming rich by working in forex market. But all this doesn't mean that you shouldn't join this market. That's because if you have got the guts, then you can make most of this market. Majority of traders fail to get ultimate success because they make certain mistakes that lead them to failure. One of the most common mistakes that normally forex traders make is that they don't get enough education and knowledge about this market before jumping into it. Getting enough education and knowledge about forex doesn't mean that you should get enrolled at any college or university but you should go through a deep research about forex market and learn about the latest and updated trends of forex market. Forex trading business is a long learning process that continues with life. It could take many years to become expert in forex trading market. Just make habit of learning forex market step by step and with the passage of time you will learn a lot. Another big and common mistake that usually forex traders make that they consider the forex trading market a get rich quick market that is not true in reality. It is really a difficult task to make money from a forex trader market, as it needs a firm dedication, persistence, discipline, right knowledge, and lots of efforts to do so. Forex trading market is so volatile and nobody can predict what is gong to be happening next. Who knows the tricks that are currently working as the best in forex market may turn into the failed tricks tomorrow. A forex trading system is so unpredictable and can stop working at any point. You can gain success in forex market by following and understanding the latest and updated trends of this market. Another common mistake that is made by forex traders is their bad money management skills and practices. If you know how to manage your money expertly, then you can overcome your losses and increase your profits easily. The last most common mistake that is not the least one, as well is the lack of psychological acceptance of the changes in forex market. If you are not psychologically prepared top accept a sudden change in forex market trend, then you can't fix your feet in forex trading market as an expert and successful forex trader. Forex market is more like an emotional drama than a practical business and it changes according to egos and greediness of the big shots of forex trading market. So you must be mentally prepared of this thing beforehand making your entry in forex trading market. Getting succeeded in forex market is a difficult task but not an impossible one. You can become the master of trading if you have right and extensive knowledge and education, if you have got good luck, and if you are capable of act according to the changes made in foreign exchange market. Technorati Tags: forex market,forex trading,mistakes

You are subscribed to email updates from Percentage in Points To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610