10 Reasons To Trade The FOREX Market - Ratinah

Reasons To Trade The FOREX Market - Although Forex trading is not as popular as the stock, futures and commodity markets, it is much more powerful than other types of trading or investing, as it is now open to the public.

10 Reasons To Trade The FOREX Market - Ratinah

More and more savvy investors and entrepreneurs are eschewing traditional financial markets, such as stocks, bonds and commodities and building their wealth on the foreign exchange (forex) market.

The reason why they have turned to the electronic world of Forex trading is that it has many advantages over all types of investments.

Even if you are an experienced Stock or Commodity trader, you will discover how great Forex is.

You can make $200 to $3000 in less than 30 minutes working every day.

Forex trading is much riskier than currency trading in the futures market, much more profitable, and much easier, than stock trading.

Why should you trade in the forex market?

Here are the reasons why...

1. The forex market is open 24 hours, never sleeps

You can enter positions, or exit whenever you want, any time you like six days a week. You don't have to wait for the opening bell as if you were trading stocks. it is very good for you because you choose the best time for you to trade.

2. Forex daily trading volume is about $1.5 trillion dollars

This is 30 times greater than the combined volume of all US equity markets. This means that 1,498,574 skilled traders can each take 1 million dollars from the FOREX market each day and FOREX will still have more money left than New York Stocks have each day!

3. You make a profit in a rising market or a falling market.

You have the same potential profit in either rising or falling markets, as it is up to you to buy the currency, or sell it, once you have determined the trend of the market trend.

4. You can trade from anywhere.

If you love to travel, this is a dream business, you just need to bring your lap top and that's it, you can make money from anywhere in the world, all you need is to make sure that you can access Internet Connection.

5. Leverage is quite large.

Actually, you don't need a lot of money to trade forex, it is recommended to start with $2000, but you can start with $300, then if you have a proven strategy, your investment will grow as a consequence, because you can trade. up to 200 times your investment. You can trade 100,000-unit lots of currency with a minimum margin of 1%, or $1,000. there is no comparison to the stock market where you need a large amount of money to start, if you want to see real profits. And besides, you need to post 50% margin.

6. Price Movements are Highly Predictable.

Price moves or is highly volatile in forex, however, the foreign currency market moves in trends, and you can identify these trends - as they repeat in cycles - with technical analysis.

7. No commission fee.

Unlike the stock market, brokers do not take a commission on transactions.

To trade forex, you don't need to have a lot of money to get started; You can trade anytime, from anywhere, with an internet connection, you won't have any pending orders due to lack of liquidity, you don't have to work all day.

8. Free and Easy Registration

One of the things that makes investors reluctant to invest in forex is because of the lengthy process of creating a new account and the deposit process. By leveraging technology, new clients can open accounts online, in minutes, without the registration fees that some other brokers charge.

Interestingly, Olymp Trade Forex only requires a deposit of USD10! In addition, deposit withdrawals are easy and can be done within 24 hours. The proof, Olymp Trade has paid more than USD13 million every month to its clients.

To facilitate easier trading, Olymp Trade Forex has a trading platform that allows clients to take advantage of the best analytical tools and is very intuitive. More experienced traders can also take advantage of Meta Trader 4 to access Olymp Trade Forex. Thus, clients have two perfect options for trading.

9. Trade in the World's Largest Market

Despite the low investment amount, Olymp Trade Forex opens the door wide to gain access to truly profitable markets. So you can trade 24 hours every day of the week on the most popular currency pairs, commodities, and exchange traded funds (ETFs). You can also trade in cryptocurrencies on the Olymp Trade Forex platform.

Oh yes, highly profitable currencies such as the US dollar (USD), Japanese yen (JPY) and euro (EUR) are available to Olymp Trade clients. Plus gold, silver and ETFs such as US Real Estate Funds, are reachable at a touch across all market sessions worldwide day and night.

Olymp Trade Forex also offers a very attractive VIP membership program. VIP membership facility is very affordable because it only requires a balance of USD2000 in your account. The advantage is that you get a personal financial advisor, access to special webinars and event agendas with top traders from around the world. Including a number of other perks such as special bonus incentives that can be added to your trading account as a VIP member.

10. Program For New Traders

Olymp Trade also helps you to achieve your individual financial goals. There are the best analytical tools available for free. Olymp Trade explains how to use the tool through informative tutorials and videos.

Olymp Trade has a very useful blog to keep clients up to date with the latest trends and tips, and much more in your favor. With financial analysts and trading professionals, you can ask questions and learn directly from the experts, by attending webinars.

Now for beginners or new traders before starting to deposit, you will first take part in the demo. With the USD10 virtual fund, you are given the opportunity to practice trading strategies and techniques from the Olymp Trade educational program. By using a demo account, you as a new trader will be facilitated and familiar with forex trading before trading with your own money.

The forex market has many advantages over other traditional investments, and for sure, it will give you more freedom, and more money.

Nowadays everyone is talking about Forex trading and ready to work from home or anywhere away from the corporate world without losing or even improving their current lifestyle, for people this is a great opportunity for this business.

Forex trading has changed dramatically in the last decade thanks to technological advances in the Internet age. With real-time streaming technology and faster and more efficient computer systems, you can access almost anything from roses to forex trading with just one click.

Some of the main reasons Forex trading is a great way to enter the capital markets is because all your transactions are free of charge and low transaction fees. All the best forex brokers have this feature, and even the newest mini FX traders in their field (i.e. traders whose capital starts with an account starting at $250) can buy and sell currencies online for free.

However, starting forex transactions and becoming a profitable forex trader are very different things. To become a profitable trader, new traders quickly find that it is important to have a thorough market knowledge and a good understanding of forex technical indicators. Concepts like moving averages, Fibonacci levels, Bollinger Bands, etc.

But it is not only necessary to have a good understanding of these concepts. Fear is one of the worst enemies of forex traders. Understand that in order to become profitable traders, those involved in transactions must adhere to and adhere to a pre-arranged and prearranged trading plan, and trading losses will happen to everyone and will always be profitable. It is important to always understand that it is part of something higher. Commercial career. Forex traders need to learn how to make good use of stops without seriously damaging their trading accounts. In short, we need to play it safe but know that we need to take calculated risks to maximize profits.

In short, knowledge is the key to a successful trading career, but it also requires adequate psychological preparation of the trader to tame the market and become a profitable trader.

That's 10 Reasons To Trade The FOREX Market - Ratinah

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