October 26th, 2008
There is no doubt in today’s unstable economic times that forex currency trading has become a far safer bet than the stock market. I wrote this article to show you some of the best ways to get up to speed on forex, and also the importance of understanding the basic principles of forex before you consider purchasing any form of forex trading software or forex trading system.
Click HERE to read the full article
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Tags: currency trading, forex currency trading, forex trading | No Comments
March 4th, 2008
Specifically in light of the recent troubles on the Stock Market, there is no doubt that Forex Trading is more profitable specifically in the short term than Stock Market Trading.
A main reason behind this is that there are essentially 36 main currency units in Forex (4 main currencies and 32 second tier currencies). Whereas the amount of the stock issues on the NASDAQ and The NYSE totals approximately 8000. Odds are in your favour if you trade in forex.
Another major benefit is that interest rates have little bearing on the forex marketplace - if anything interest rate changes can improve the forex marketplace.
Finally the forex market is not at the mercy of the bull vs bear mentality which is evident on the stock market. Essentially on the stock market when a value plummets it really plummets. In forex if a value falls, something is sold to couteract it.
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Tags: forex trading, learn trade forex | 3 Comments
