7 Reasons to Trade the Forex Market

By Veronica Anglin

WHY YOU SHOULD DO FOREX MARKET TRADING

7 Reasons Why You Should Trade The Forex Market

1. No Commissions You don't have to worry..... Your broker takes their money by the difference in price between the bid price and the ask price for the currency that you are trading at the time.

2. 24 Hours A Day The markets only close from Friday night to Sunday night. That means that you can trade for 5 days, Mon-Fri. Due to the different universal time zones, you are able to trade forex anytime, day or night.

3. Instant Order This means that you can get into the market straight away. You can see your trade until you are ready to exit your trade. This makes a HUGE difference to making loads of money or none at all because you can see your actual trade taking place. You are placing your trade in a live market, which has incredible volume that occurs daily. The beauty of this is what you see is what you get.

4. No Unfair Influences The forex market cannot be influenced by any one person. It is based on the country's economic health and not opinion. You won't get this kind of information on the news or in the newspapers.

5. No Middlemen Forex traders can access the market directly without having to go through an intermediary. This means that you can enter the market and buy or sell directly in the decision that you make and only you are responsible for the outcome.

6. No Choice Overload There are thousands of stocks available. How would you know what to choose? With forex you have 4 Major Currencies, even though there are different pairs of currencies, mainly the 4 Majors are what most people trade. They consist of GBP, EUR, CHF, and JPY. These are the biggest movers in this industry. This allows you to make a decision more quickly and to enter the market and trade the currency of your choice more easily.

7. Unlimited Risks In the forex market, traders must enable margin limits to minimize your risk. This means that you cannot lose money that you have already got in your trading account. So the most you can possibly lose is what you have in the markets.

Remember....

Only put money into your forex account that you are prepared to lose and NOT what you need to live on or pay bills.

The Credit Crunch is here. We are all looking for a way to save money, increase our income by looking to find part time work that will fit in with our circumstances. Veronica Anglin is the founder of Easy Forex Teacher. The website is for newbies and people who know very little about the Forex market and are looking for a way to increase their income in a simple, easy and fun way. Easy Forex Teacher is one of the ways that you can increase your income without changing your current situation and with only a few minutes of your time where you could make a substantial difference to your income. Easy Forex Teacher will guide you through a step by step process in being profitable in the Forex markets. You will be able to see the difference instantly in your finances and you will be able to live the life you truly deserve. If you are interested in learning Forex the simplest way which is also fun and enjoyable with our strategy, check out: http://www.easyforexteacher.com for more info.