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Awesome Reasons to Trade Forex

There are many money-making opportunities out there and weíve been involved with quite a few, namely property marketing, web development, residential construction security, multi-level marketing businesses etc. Weíve come to a few conclusions with the help of some well-known properity coaches.

Often people with the income they desire donít have the time to enjoy it. Those that have time donít often have money. You donít have to sacrifice your life-style to earn an above-average income. If you focus on the Forex for a few months you can make that dream a reality and create time and money to do what you REALLY want.

To earn a living money is given in exchange for a product or service rendered. It needs to be sold continuously otherwise your income stops abruptly unless itís a repeat type of product or service. Money is a medium of exchange. Thereís no magical formula to possess it, you need to exchange something of value for it. What if, you could have access to thousands of customers who are ready, willing and able to buy from you whenever you wanted?

Wouldnít it be great to avoid any hassles like money collection problems (just had a delayed payment from my web business), keeping difficult customers happy (we all know what thatís like), competition stealing your business without providing the same value etc. All that is possible with Forex. You can also trade from anywhere.

Take your laptop with you, find an internet connection and away you go. Another advantage is that you donít need experience to get started. Get a traditionally job involves accumulating specialized experience, having a well-polished resume and having the right contacts.

With the right training course, you can get started straight away. Hereís 7 more reasons to trade Forex:

1. It never closes. Itís open around the clock, worldwide. Trading positions open at Monday 7am, New Zealand time and close 5pm New York time on Friday. During this time, you can enter or exit the market whenever you like. Itís a continuous electronic currency exchange. This is great because you can trade whenever you have spare time.

2. Leverage. Standard $100 000 currency lots can be traded with as little as $1000. This is mainly because of the ease with which you can buy and sell, some brokers will leverage up to 200 times, so with $100 you can control a 200 000 unit currency position. Itís the best use of trading capital around, even banks lending on property investments donít come close.

3. Accurately predict the outcomes. Currency prices generally repeat themselves in predictable cycles so you can see what the trends are. ëTechnical Analysisí helps to see these trends and profit from them.

4. Low Transaction Cost. In other words, you mistakes wonít cost you a fortune. Good brokers woní charge commissions to trade or maintain an account even if you have a mini account and trade small volumes.

5. Unlimited Earning Potential. Forex has a daily trading volume of over 1.5 trillion, the largest financial market in the world. It dwarfs the equities market (50 billion daily) and the futures market (30 billion).

6. You can make money in any market conditions. Each market is one currency against another, so when you buy in one, youíre selling in another so thereís no biase towards either currency moving up or down. This means itís up to you to choose which currency to buy or sell with. Yu can make money going up or down.

7. Market transparency. This is an advantage in any business or trading environment. It means you can manage risk and execute orders within seconds. Itís highly efficient and allows you to avoid unexpected ësurprisesí. I hope youíre now convinced that Forex is the best investment and income opportunity around.