Why Forex?

I am already trading using CitiSec. In fact medyo na stagnant nga yung account ko kasi 2012 pa yata yung last time na namili ako using it. Sabi ko kasi long term investor ako eh. Pero since hindi ko din naman nagawa yung EIP saka hindi ako regular na nagdadagdag ng investment ko, pakiramdam ko tengga lang siya. Hindi man lang sumampa ng 100KPhp yung laman ng account.

So heto nga naghahanap ng mas mabilis na paraan para makapag build ng pera. From initial research I only need right around $100 to start. At yun nga nahanap ko si Foreign Exchange - in short FOREX. Anu nga ba ang advantage? I listed a few below based sa na research ko.

Accessibility – It’s no wonder that the Forex market has the trading volume of 4 trillion a day – all
anyone needs to take part in the action is a computer or mobile device with an internet connection.
24 hour Market – The Forex market is open 24 hours a day, so that you can be right there trading
whenever you hear a financial scoop. No need to bite your fingernails waiting for the opening bell.

Narrow Focus – Unlike the stock market, a smaller market with tens of thousands of stocks to choose from, the Forex market revolves around more or less eight major currencies. A narrow choice means no room for confusion, so even though the market is huge, it’s quite easy to get a clear picture of what’s happening.

Liquidity – The foreign exchange market is the largest financial market in the world with a daily
turnover of just over $4 trillion! Now apart from being a really cool statistic, the sheer massive scope of the Forex market is also one of its biggest advantages. The enormous volume of daily trades makes it the most liquid market in the world, which basically means that under normal market conditions you can buy and sell currency as you please. Unlike the risks of trading stocks, you can never be in a jam for currency to buy or stuck with currency that you cannot unload.

The Market cannot be cornered – The colossal size of the Forex market also makes sure that no one can corner the market. Even banks do not have enough pull to really control the market for a long period of time, which makes it a great place for the little guy to make a move.




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