![]() |
Forex works 24 hours a day. You can always trade when you want or when you have time, even at night. There are always the same 5-6 major currencies traded in the Forex market; therefore you may be able to get a feel for price movement patterns and currency behavior very quickly. |
There are thousands of securities on the stock market, and it is hard to understand why each particular stock will go up or down today. Choosing the right stocks from thousands, on a daily basis, is not easy thing either.
The Forex market is the largest market in the world, originally created for the big players - banks, investment funds, corporations and other financial institutions. It doesn't matter how many individual traders participate on this market at the current moment of time - they can't move this market at all.
On the stock market, which is much smaller, tens of millions of unprofessional investors greatly affect this market by their often chaotic trades, making the possibility to predict its movement harder. On the stock market, you can earn money mostly during a period of booming economy, when the stock market goes up. But economy development is cyclical - and periods of growth will eventually be replaced by periods of recession. And in this case, when stock market is going down, you can't win as a day trader. You always can earn money either buying or selling currency. It doesn't matter if there is a booming economy, or a deep recession.
On the Forex market you have a unique feature - a so-called free "Demo Account" or simulated account, which allows you to participate in trading using real-time prices on the Deal Station with the same interface and functions as on real trading, using the same news and technical analysis tools to predict market movements, from the comfort of your home and via the Internet. You can gain experience in trading without loosing any of your real money.
On the stock market you don't have such a unique free training tool for Internet day trading. In order to take a shot at the stock market, you have to put down your money first.
GOWEALTHY.COM © 2010
For comments: editor@gowealthy.com





