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    Thread: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

    1. #11
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      Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business
      You explain the reasons very nicely. That is why forex trading is one of the popular business in the world. We should also remember that this is also a very risky business. I think, following reasons are also important:

      Unlimited earning opportunity:

      We can earn unlimited from forex trading. A successful trader earns a lot of money from forex trading. There is no restriction on earning. Some successful traders make their account double or triple within a month by forex trading. If we can learn forex trading properly and implement our knowledge in real life trading, we also can earn a lot. This is another big reason why people chose forex trading.

      Easy Management:

      In a traditional business, we need to manage our office, employee, and our customer. This is very hard to manage all those. People spend thousands of dollar to manage a business. But in forex trading, we do not need to manage any office, employee or customer. Everyone is a manager of himself. So that forex trading is easy to manage. Our trading platform is our office. This is another reason for choosing forex trading.


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      Top 6 reason- why people chose Forex trading Instead of other business

      (1) Real and pure business : Forex large world online currency trading business. Forex is not scam, Forex 100% pure and real online trading business.
      (2) Forex made for all : Forex not only for rich people, everybody can join Forex because Forex made for all.
      (3) Simple and easy : Forex so simple and so easy because Forex trading all system so simple and so easy. Everybody easily can join Forex and trade in Forex market and Forex
      trading withdrawal and deposit system so simple and so easy too.
      (4) Easy to Entry : No need to lot of money to entry in Forex trading because Anybody can entry InstaForex broker with 1 dollar.
      (5) Unlimited profit : Their are no limit earning in Forex because anybody can earn unlimited profit from Forex market.
      (6) Totally freedom business : Forex trading business totally freedom business. Any time you can join Forex business and you can leave Forex trading.

      For this reason Forex so popular business all over the world and people chose and love Forex very much. Thank you.


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      sure, supermod. lots and lots of people choose the forex trading business over other businesses.

      working as ones own boss is quite attractive and one gets that from the forex business.

      no need of waking up early in the morning to get to the office. everywhere is the trader's office as long as he has his desktop, laptop or mobile phone available together with internet facilities.

      trading forex does not require full time, so people i n other businesses can always join the business rather than other businesses.

      the little capital investment is also a very good reason why people opt for the currencies trading. not many businesses could be started with as little as $50.
      ''Too many times we settle into a set way of thinking and accept limitations that need not be placed on us'' -John C. Maxwell

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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      Yes Forex trading sought of have advantage over many other business out their and also it can also be done even with other business, below are few reasons why forex is preferred over other business

      1. It doesn't require any Educational certificate: in some jobs and work, we need to attain some level of education before we can be able to apply or accepted, but in forex we dont need to be certified, all we need is a very good forex knowledge and experience
      2. 2hrs Forex transaction: forex market is open for good 24hrs in five working days, so this can give everyone opportunity to participate in the market regardless of the type of work we are doing
      3. Doesn't require too much capital: another important is that we dont need to have huge capital in our account before we can participate in the forex market
      so we can participate in the market whenever or wherever


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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      Forex business and other business are not same. There are so many reason why people chose forex business rather than other business. I am discussing the matter , keep watching my article:

      - Forex is a online base business. We do not need any work place. We can do this business from anytime from any place.so people are attracted in this business.

      - We do not need huge time to trading. When we get free time we just analysis the market and mark some pair which pair we can trade. when the price goes on this marking level then we can open our trade.this is very good facility and for this reason people chose forex business.

      - Big leverage is one of the best advantage in this business. If we have low invest but we can trade with this low invest by using big leverage. The broker give us maximum 1:1000 leverage. It is really good for us.

      - We do not need big capital in forex business. If we can know well trading and if we have very good trading skill then we earn money with low invest.so people are chose this business.

      - There are huge analysis we can get free from the broker. Like instaforex they provide various technical support for us to do better trading. So many people do not fear for trading in forex.

      - Forex is modern business and the popularity is becoming so much day by day. So many people like to involve them in this business.


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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      There are so many good reasons why people will choose forex over other businesses;
      a, Low capital start -up- this is a business that one can start with as low as 1 USD
      b. Opportunities such as no deposit and deposit bonus
      c. High leverage which if well taken advantage of one is bound to make a lot of money
      d. High profitability- because one can make as much or more than 100 percent of the invested capital in a day when the opportunity presents itself
      e. It is a business that operates 24/7 except on the weekends which means one can do any transactions at any point in time
      f.It is purely online and even on mobile-it does not require any office space and even with a mobile phone one is good to go


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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      In most paid jobs, the boss is usually higher on the food chain and do not always take kindly to subordinates earning more than their fair share. This normally puts a ceiling to the amount of money you can make on any job. The case is quite different in forex trading. You are your own boss and makes the rules as you go. You can decide to work towards earning a certain amount of profit from the forex market as your fair share and it shall be so.

      Also the freedom enjoyed by a forex trader is unparalleled in other activities. Thus the trader can possibly earn as much money as he or she wish at his or her own time. This is what almost everyone secretly yearn for, and you can have it only in forex trading.
      POSSIBILITIES ARE INFINITE IN THE FOREX MARKET, YOU CAN ACCOMPLISH ANYTHING !


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    11. #18
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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      Forex trading is quite popular for the middle to lower classes even though it is actually quite risky to add to the suffering when losing capital in trading. There are many reasons why forex trading is more attractive than other businesses. The most realistic reason because forex trading does not require big funds for people can make money in short time, even without using funds some traders can still make real money in forex trading. Another realistic reason is that forex trading is easy to do and can be done anytime or anywhere without any restrictions as long as the market is still open. It can be said that forex trading has almost unlimited freedom in applying it when compared to other businesses.
      don't use Luck in the trade but it would be better to use Greed
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    12. #19
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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      Quote Originally Posted by PhantomTrader79 View Post
      1. Forex trading can be accessed from anywhere on the planet.

      People choose certain type of business because of several reasons and one of them is accessability. These days online world is much more advanced than it was 2 decades ago so many of the things usually done manually in the past are now done using the internet and the technology that support it. You can do trading from anywhere on earth and it really make it a favorable business for many people.

      2. Do it at your available time.

      One more thing about this business is that you can trade at your available time where other business needs to be done during business hours this business of forex trading can be done after you wake up during your lunch time or even after all of your family member fall asleep at night. The forex market opens 5 and a half business days 24 hours non-stop. The market only rest during the weekend. This factor alone already beat many other businesses.

      3. Big discount (leverage).

      In every business the use of effective money management is crucial to the success of that business. In forex trading you have what they called constant discount where you can buy thing much larger that you can originally buy and thus, amplify your profit margin by many fold when you sell. It. Whatís impressive is not only that but the fact that you can do this every time without limitation beats many type of business that exist in the world. Some business will give you 1 digit discount or limited double digit discount but this business can amplify the discount to a ridiculous amount. Imagine buying something that is worth $100,000 only with $2,000 (with 1:50 leverage) or even $1,000 (with 1:100 leverage). This is crazy and unheard of in any other business, right?

      4. The cost of doing business.

      When you want to start up a business you need to think about the costs first. How much money does it require to rent an office space or warehouse to store your goods, how much money to pay your workers and employess , how much you should pay to get a license to start that business and many other areas that need money. But in forex trading, all you need is a device that can sometimes cost you as little as $50 (for a cheap android phone), an internet connection that costs anywhere from $10 to $20 depending on the plan that you want to subscribe to and then a comfortable place to run your business which can be literally anywhere in your country or even abroad. You also need to pay for the cost of doing the business with your broker but mostly that is already included in the spread or in the form of commission when you use an ECN broker but the commission is usually ridiculously low. So, most of your money can be used for trading and as reserve capital for doing forex trading. How can you beat that?

      5. Free knowledge bank and information.

      Before you do any business itís crucial that you have already have a lot of knowledge or information so you can run the business smoothly and hopefully make a lot of money later. This might come from school, taking courses, getting certification or given to you by your parent or family members. In most, cases, you will need to pay for it and often time the better the knowlege is the more expensive it will be. In forex trading though, you can choose to spend your tmie to become a sel-taught trader or you can pay for the course. Even if you decided to pay for a course the amount that you will have to pay will be significantly low compared to other types of business. Paid courses range from $47 to $10,000 depening on the level of the learning material. Basic levels can be found anywhere from $47 to $197 while for more advanced stuff obviously will be more expensive. $6,000 or $10,000 advanced materials can seem expensive for you right now but when you also calculate the potential of money /profit that you will get after ward the investment of $6k will be miniscule in comparison. It is not rare to see some retail/individual traders make $20,000 or $50,000 profit in just 1 trade thatís just to show the potential of this business.

      6. No competition.

      In the world of business competition is normal and some form of competition lead to bad things because itís a matter of how much market share you can still keep with more and more new and some times better competitor coming in. Even big business collapse when they donít pay attention to their competitors, other big business decides to buy the competitor to join hand and enjoy the market as one bigger company. In retail forex trading, you have no competition. It doesnít matter how old you get as long as you can still see chart and analyze the market youíll do just fine. You can try to find other business that is similar to this one but Iím sure you will fail. That is why this business is a true paradise compared to other business both offline and online.
      forex trading is considered as the most trending n' efficient way of earning money. forex market is 24/7 hour market n' very liquid, volatile along with the in-dependency of trading with small amount of money. this in-dependency provides a very good platform to traders for gaining profit as compared to the other trading ways. traders can also use forex signals provided by the advisors to know the correct time n' correct price to execute trade properly.
      bit by bit, over time... it will accumulate into a mountain..!


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      Default Re: Overview: Top 6 Reasons Why People Chose Forex Trading Instead Of Other Business

      Forex trading is a very cheap business to engage in, you don't need to have so much capital before it can be carried out, as long as you have a computer to trade, and Internet access, then you already have the basic requirements to become a successful trader, that is why many people have embraced this business.

      When you want to set up another type of business, there are many documentation that will be required outside the fact that you will need to raise capital for your business, let's say someone is interested in doing a poultry business, you will first need to secure a premises which is the first set of money that will be spent before buying birds and even their feeds later.


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