FOREX TIP's

Hi! Welcome my new blog, Free Forex Tips, dedicated to sharing what the Forex market is and what it really takes to succeed, including free forex strategies, online trading broker reviews, technical analysis and more. To receive free forex lessons and tips, I invite you to subscribe to my newsletter now and come back soon!

Why I Trade Forex & You Should Too

Forex trading offers many advantages such as:

• Only six major pairs to trade.

When I was swing trading stocks, I always had 100-500 stocks I was watching, with around 25-50 favorites. Trading Forex simplifies it down to just six. What a relief!

• Forex is a 24 hour market.

A day in the Forex market is considered from 5:00 p.m. one day to 5:00 p.m. the next, but you can call any hour of the day or night your cut-off point. It’s really nice to be able to trade whenever you want, on your schedule.

• Best potential of any market to make money quickly.

Volatility is a good thing, if you know how to use it. With Forex, you can see big swings happen in short time frames, creating massive opportunities for gains. (And, yes, the flip side of the coin is that there is also the potential for large losses. Any good trader will control for this with stops.)

• Great market to day trade.

If you’ve never watched a one-minute Forex chart, you’re missing a real show. Coming from the world of stocks, I was stunned to see how much movement could go on in Forex in a matter of 15 minutes. With Forex, you can often get in and out of a day trade with a good profit in an under an hour and be free the rest of the day.

• High Liquidity

The currency market is the largest trading market in the world. As long as you are trading major pairs, you’ll never have to worry about getting out of a trade gone bad.

• High leverage

In Forex, most brokers will give you a 100:1 leverage. This allows you to leverage a very small amount of money for a potentially much larger gain than you could otherwise expect. And, while many people fear losing huge amounts of money this way and experiencing a dreaded “margin call,” the fact is that most brokers have a safety policy in place to prevent you losing any more than you actually have at stake. Hence, if you choose a good broker and set up your account properly, you can not go “into the hole.”

Well, that’s all for today. I’ll be posting once or twice a month so stay tuned for free forex tips and strategies coming soon. If you would like to know when there’s a new article or receive free forex tips directly in your box, please feel free to subscribe to my newsletter. I promise I will never flood your inbox with junk nor sell or share your address with any third party. .....Link......