The Future of Forex Investing
Windowofworld.com – There are many advantages of forex investing compared to other investment methods. First of all, it’s a 24 hour market, except for the weekends of course. You have US, European and Asian markets. One of the best times to trade is during the lapping period. US and Europe overlap between 5am & 9am in the east and Europe & Asia between 11pm & 1am in the east. Usually the busiest and best times to trade.
This is also a risk factor for the account. With futures and options, you can get margin calls that can wipe you out. If you get caught in a bad trade, you will not only lose money in the account but you may have to bounce back with a lot more from your pocket. This can be very risky, but not on Forex. Worst case you can lose what’s in your account. But you must be doing something really stupid. Like doing big trades on a Fundamental day and leave it at that. If the market takes a bad step and you’re not there. OOOPS. But that won’t happen with astute traders.
Then there is the demo account which is an account where you can trade using all the right things, platforms, charts and information. But you use play money, or what we call paper trading as well.
Coupled with Forex you have a mini account. It’s not that it takes thousands of dollars to get into it. You can open an account for as little as $ 300.00. Now of course you will be trading at one tenth of the trade. In other words, you control 10,000, not 100,000. This is a call lot. Which also means you will only risk 1 tenth too!
So if you want to learn to invest and not have the imminent risks, you really need to take a closer look at Forex trading.