Explosive Profits: 7 Reasons to Trade Forex

There are many money-making opportunities

out there and we've been involved with quite

a few, namely property marketing, web development, residential construction security, multi-level marketing businesses etc.

We've come to a few conclusions with the help of some well-known properity coaches.

Explosive Profits: 7 Reasons to Trade Forex

Often people with the income they

desire don't have the time to

enjoy it. Those that have time don't often have money. You don't have to sacrifice your life-style to earn an above-average income

. If you focus on the 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 it's a repeat type of product or service.

Explosive Profits: 7 Reasons to Trade Forex

Money is a medium of exchange

There's 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? Wouldn't 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 that's like), competition stealing your business without providing the same value etc.

Explosive Profits: 7 Reasons to Trade Forex

All that is possible with . You can also trade from anywhere. Take your laptop with you, find an internet connection and away you go.

Another advantage is that you 

don't 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.

Here's 7 more reasons to trade :

Explosive Profits: 7 Reasons to Trade Forex

1. It never closes. It's 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. It's a continuous electronic currency exchange. This is great because you can trade whenever you have spare time.

Explosive Profits: 7 Reasons to Trade Forex

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. It's the best use of trading capital around, even banks lending on property investments don't come close.

Explosive Profits: 7 Reasons to Trade Forex

3. Accurately predict the outcomes. Currency prices generally 

repeat themselves in predictable cycles so you can see what the trends are. 'Technical Analysis' helps to see these trends and profit from them.

4. Low Transaction Cost. In other words, you mistakes

won't cost you a fortune. Good brokers won' charge commissions to trade or maintain an account even if you have a mini account 

and trade small volumes.

5. Unlimited Earning Potential. 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).

Explosive Profits: 7 Reasons to Trade Forex

6. You can make money in any market conditions.

Each market is one currency against another, 

so when you buy in one, you're selling in

another so there's no

biase towards either currency moving up or down. This means it's up to you to choose which currency to buy or sell with. Yu can make money going up or down.

7.

Explosive Profits: 7 Reasons to Trade Forex

Market transparency. This is an advantage in

any business or trading environment

. It means you can manage risk and execute orders within seconds. It's highly efficient and allows you to avoid unexpected 'surprises'.

I hope you're now convinced that is the best investment and income opportunity around.

by Sorna Devadas

Source earnforex.com

Posted in forx