Aug 22, 2008

Why trade Forex?

Forex as a career

Become a professional trader

Some people like to take full control of their lives and wealth. On Forex you call the shots, decide when to buy or sell currencies, determine risks. So if you are tired of working for someone else, you should consider a career as a professional trader.

Forex as an investment

Take advantage of long-term trends


Global currencies not only fluctuate every minute, they also increase or decline in value vis-a-vis one another over long periods of time. You can take advantage of this investment opportunity. For instance, if you expect that the dollar rate will continue its decline versus the Euro in the next few years, you can invest in Euros.

Forex as a hobby

Feel the rush of the markets


Some people simply enjoy the process of trading. You don't have to invest much to trade on Forex. Unlike with many other kinds of trading, you can start on Forex with as little as $10, and it can become a really enjoyable hobby.

Forex as risk-management

Manage international business risks


If your business is international chances are that some of your transactions and obligations are in different currencies. That means that your business is exposed to a wide variety of risks associated with constant changes in currency rates. You can control these risks by opening positions on the Forex market, using a logic similar to that of agriculture companies selling their goods in advance on the futures market.

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