Thursday, February 12, 2009

Is Forex Better Than Stocks? 3 Reasons Why It Is

If you're looking for the ultimate trading market, forget Wall Street. The Forex Market is where the largest volume in trading is going on, with an incredible amount of nearly $2 billion worth of trading in a 24 hour day. Why is the Forex Market better than stocks? Why is a dollar better than a nickel? Because it's worth a lot more. That is one of the most basic and obvious answers to this question. There is a fortune that can be made in trading Forex because the Forex market is constantly trading.

Reason #1 Why Forex is Better Than Stocks Because:

The Forex market trades a larger volume than any other market in the world. The stock market trades roughly $10 billion in volume a day. That's not bad at all, but it isn't even 1% of what the Forex market trades daily. Not even close.

The Forex market trades an average of $1.8 TRILLION dollars of currency a day. No other market in the world comes remotely close to this figure. $1.8 Trillion dollars is only the first reason that the Forex is better than stocks.

Reason #2 Why Forex is Better Than Stocks:

No Enron, no WorldCom, no Tyco. These currencies are based on the strength of an entire nation's economy, not the reports of one company. This doesn't mean there isn't risk - every market has risk and Forex is no exception, but usually stable countries don't fall overnight.

I had a friend who went to college, got into stock trading, and had a personal stock portfolio worth six figures by the time he was only 27. Not bad. But almost all of it was McCloud, Enron, and MCI WorldCom. Nearly overnight his small fortune was worth less than $20,000.

All because of false stock reports from CEOs. This can't happen in the Forex. While economies can go up or down, there is both technical and fundamental analysis that can help you identify ahead of time the potential for a currency that is going to drop. Forex trading has risks like anywhere else, but one corrupt CEO is not one of them.

Also, when one currency goes down, the other in the pair goes up, so being on the right side can mean that one country's misery can still makes you a fortune.

Reason #3 Why Forex is Better Than Stocks:

There's always action. Unlike the stock market, which has a daily close to the market day, the Forex market is open every day, except Saturday. There is only one close in the Forex for an entire week, meaning almost any day, any time, you have the ability to trade. This allows a great flexibility in when, where, and how you can trade. Options are good.

These are only three of several reasons why the Forex is better than stocks, but if you want to trade where the most action is, there's no question you want the Forex market.

And now I would like to offer you free access to a Forex trading system that is 89.1% accurate, so you can literally start trading the Forex today. You can access it now by going to: http://www.foreximpact.com/reports/89percent

From Jason Fielder - Founder, http://www.ForexImpact.com

Goldman Sachs' Lloyd Blankfein joins other TARP recipient financial institution leaders as they testify before House Financial Services Committee on Capitol Hill, February 11, 2009. (Larry Downing/Reuters)Reuters - Goldman Sachs Group Inc denied a CNBC television report on Thursday that it had convened an "emergency" meeting of top investors earlier this week, prompted by worries Treasury Secretary Tim Geithner's bank rescue plan was not viable.

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Monday, February 9, 2009

Is Foreign Exchange Trading Profitable

I'm here to answer the question, is foreign exchange trading profitable? The answer to this question is yes. A lot of people think that this might be some sort of scam, but this market has been around for a long time. It's just the last decade that individual people were given the right to trade in it from their own home. It's a continuously growing market with over three trillion dollars a day moving around. It is definitely a profitable market for most people and I'll share some of my experiences on how to get it to work for you.

The first thing about starting out in this market is having a great broker. A broker acts as the middleman between you and the marketplace. It holds your money and makes the trades when you request them. The problem (like many on the internet) is that you can't really tell the difference in websites from legit businesses and some operation run out of a basement. Obviously when it comes to your money, you want to have the quality similar to a bank. I found the best way to research these brokers is online forex forums. There is constant discussion about them and you just have to read through threads to learn which ones are good, bad and scams.

My last tip is on demo accounts. Is foreign exchange trading easy? Yes and no. I prefer to think of it as a process with a learning curve that takes time. A demo account is an excellent tool to start using now, without having to risk any money on the market. You get to have simulated experience of actual trades, the only difference is you don't use real money. It builds confidence and allows you to figure out what you need to do.

The Forex Loophole is a new sophisticated way of trading where conventional methods are thrown out the window and new loopholes for profits have been found.

Learn more at the Forex Loophole.

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