7 More Reasons to Trade Forex
/ Labels: FOREX TIPS
7 More Reasons to Trade Forex
In my first article “Why I Trade Forex and You Should Too,” I listed six reasons why the Forex market has great potential for traders. In case In case you weren’t convinced, here’s seven more reasons I trade Forex and you should too:
- • Although volatile, currencies tend to show strong trending characteristics which lend themselves to successful short- to medium-term trading
- • Great way to make money in down markets
- • Currencies not connected to stock market. Thus they may go up while stocks go down
- • Can play both up and downtrends
- • Faster profit potential than is often possible in options
- • Currency market immune to the kind of market manipulation that can occur in the stock market
- • Overall, more accurate analytic tools available and better risk management possible
So there ya have it – Seven more reasons to trade Forex. Wanna know more? Click on the free ebook in the sidebar for a free Guide to Forex Basics. Then, open a paper account, practice for a while, and see what ya think .....Link......