Automated Forex Trading is mentioned a lot on the internet as a way to make money. But of course, there are many other ways to make money - for example through shares, internet marketing to name just two. At the outset Automated Forex Trading and Share Trading seem quite similar, but the reality is they are quite different and we at Forex-Trading-Systems-4-You.Com believe that using Forex Trading Software to participate in the foreign currency exchange market is the much better option. But why?
1. Make Money Whichever Direction
With Forex Trading if the market goes up you can make money. And if the market goes down - well, you can still make money. Unlike share trading where short selling (betting that the price will move downwards) is at times banned from taking place, in the FX market short selling is an establish part of the trading process. There is no structural bias either - whereas good share predominantly move in one direction over time, currency can go up or down at any time.
Rather than being a bad thing, this gives you more opportunity to profit from forex. Best of all, if for a short period of time one particular currency pair is moving strongly in one direction and you’re finding it hard to make profits there, you can simply focus on a more volatile currency pair for a time.
2. The Market That Never Sleeps - Forex Trade 24 Hours A Day (well, almost)
You can trade Forex 24 hours a day due to the international nature of the markets. The market first opens in Sydney then Tokyo followed by London and New York and then back to Sydney. And so the cycle repeats.
Having said that, the markets do take a breather. New York market closes at 5pm local time on a Friday, and from there until the Sydney market reopens you won’t see much movement. Also, generally speaking Fridays and Sundays are unpredictable.
The best days to trade - those with the most movement - are Tuesday and Wednesday. The best sessions to trade are the London or New York sessions as these are when the market is most liquid.
3. Highly Leveraged Margins
This refers to the beauty of controlling huge sums of money with small cash outlays. Trading margin is usually available at either 50, 100, 150 or 200. So $1,000 in a 100:1 Forex account will give you the power of $100,000 in the currency market.
It must be said of course that while this gives you the opportunity to make a lot more profit, it does expose you to more risk. So be cautious out there!
4. Freedom
The internet has changed things. Imagining being able to call yourself a “Professional Forex Trader” and having the ability to work from anywhere in the world that had a good internet connection. If you figure out how to make money in the market properly then this really could be you.
5. Liquidity - No Getting Stuck With Shares You Can’t Sell
With a turnover value of approx $2 trillion per day, Forex is the largest market in the world and also the most liquid. You can exit or enter the market at any time - there is no problem about suddenly getting stuck with worthless shares that nobody wants to buy.
Summary - Automated Forex Trading with Forex Trading Software
Forex Trading is a very real opportunity and a real way to make money from home. It is no longer left exclusively for the corporate bankers or big corporations, around the world people just like you are making forex currency trading part of their money making world. Automated Forex Trading makes this even easier for the average person, and using systems such as Forex Funnel, Forex Tracer or Forex Brotherhood properly will ensure that your small beginning investment in Forex trading will turn into big profits.
Demo Accounts Contest
ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of every month.
Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name:
- Phone number
Also provide us with the following identification document:
" Certified copy of the information pages of account holder current valid passport or government issued photo ID"
After we receive your request we will provide you with further details and with your demo account login information which will be used in the trading contest.
For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com , or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.
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