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    Thread: Advantages of the Forex Market

    1. #71
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      Quote Originally Posted by standgunz View Post
      Yups... Also, easy to trade, can do any where that we want to do. Simple, not so complicated compare to other business.
      it is not complicated, but very hard to make a consistent profit..
      why this is happen? forex is so strange, simple but hard..

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      Quote Originally Posted by indrayan View Post
      it is not complicated, but very hard to make a consistent profit..
      why this is happen? forex is so strange, simple but hard..
      millions of people are want trading forex and making a good living from trading in the forex market, because forex trading is strange, easy but hard.

    5. #73
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      Quote Originally Posted by justkiller View Post
      What are the advantages of the Forex Market over other types of investments?

      When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.

      The Forex market is also very liquid. When trading Forex you have full control of your capital.

      Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control

      Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment.

      The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.
      that is the reality man,thank you so much for your description.
      i like your discussion and i want to add something with you that
      there is no denying the fact that earning is easy without investing time
      that is the great advantage to me.

    6. #74
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      there are too many advantage found in forex and this is why many people come attracted to enter this market.
      sadly, most of them don't educate themselves well enough and eventually lose money and then never came back.

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      Quote Originally Posted by PhAnToMtRaDeR79 View Post
      there are too many advantage found in forex and this is why many people come attracted to enter this market.
      sadly, most of them don't educate themselves well enough and eventually lose money and then never came back.
      Thats why ...
      I heard 95% trader will loss capital.
      Skill and experience level are needed.

    8. #76
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      Quote Originally Posted by trix View Post
      get a big profit with small capital, sometimes it is a mistake, because traders will be greedy, and greedy when it was a bad thing to account
      this kind of thinking biases held by those new to forex, and see forex as a business is easy.
      when in fact, forex is very difficult and require substantial capital.

    9. #77
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      yes you're right... but it is not easy as abc, we have to study and analyze market 1st. then when you confident with your strategy you can join this 'world'.

    10. #78
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      hi indrayan... of course forex like what you say, simple but hard to make consistent profit. and also like drug addict because even more you got loss you still don't want to give up.

    11. #79
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      there can be no instant way and shortcuts in this business all need patience and hard work to achieve all the success and you need to be patient to follow the process

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      yes my friend all that you mention are advantages, they may sound easy but they are extremely difficult to execute until someone gets the experience needed, and gaining this experience, may cost you a lot of lost money............

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