Many people are turning towards forex trading after losing their money in the recent stock market crash. In fact, forex trading is the best home business opportunity. Forex trading can be done anywhere from the world if you have a computer and an internet connection. Forex trading is the answer to the today’s global recession.
Forex market is quite different from the stock market. The stock market is less liquid as compared to the forex market. Stocks were traditionally seen as long term investments, where people buy stocks or a group of stocks in mutual funds and wait for them to appreciate and build in their retirement accounts.
Forex markets are open 24 hours, five days a week except on weekends. You can trade forex online anytime of the day. On the other hand stock markets are open only from 9 AM to 5PM. After the stock market closes, you have no way to buy or sell a stock.
Forex trading is a highly liquid market. Most of the participants in the forex markets are either hedgers or speculators. Big institutions are looking for hedging their forex exchange risk whereas small traders are looking for speculating opportunities and willing to take on risk. Stocks are considered to be a long term investment.
In the US stock markets there are more than 50,000 stocks listed on the different stock exchanges. As compared to that in forex markets, mostly five major currency pairs are traded: USDEURO, USDGBP, USDCHF, USDJPY, USDASD.
Forex trading offers you the advantage of lower trading costs as compared to stock trading. In forex trading, there are no commissions, only the spread between the bid/ask price that you have to pay. In stock trading you have a pay a commission to your broker per trade.
During the year 2008, investors have taken a severe beating in the stock markets. This is the worst bear market after 1929. Even blue chip stocks could not weather the financial storm. Many people lost more than 70% of their retirement accounts during 2008.
Stock markets are going to take a few more years to recover. There is always either a bull market or a bear market prevailing in stocks. In forex, there is always a bull market. Since forex trading is done in currency pairs, if one currency goes down, the other currency goes up.
Daily more than $3 trillion get traded on the forex markets. If you combine all the stock markets of the world, even then they cannot the match the size of the forex market. Forex markets are so huge that even governments and central banks are unable to control them.
After losing their hard earned wealth in the stock market crash of 2008, many people are wondering how can they recover their losses…
Learn forex trading. Yes, forex trading is the answer to this recession. It is not difficult to learn forex trading. If you are willing to give two hours daily to forex training, I believe in 2 months, you can become a forex trader. Take forex trading as your passion or hobby. You are not going to regret it.
I have a blog where I give many risk free forex trading strategies. One method that I recommend only cost $149. You can try this method of 60 days risk free. It is the best method to trade forex on autopilot. Once you set your system, you only need to give 10 minutes daily to see how much money you have made overnight.