The question should rather be why not !
The markets are open 24 hours a day
Round the clock trading gives the trader the opportunity to trade
within any time zone around the world. The currency market is the
largest and most lucrative market available and its trading hours
extend from Friday evening 10h00 until Monday evening 22h00. In
between these periods the markets are open for trading 24 hours per
day.
The currency market is a 24-hour market. As a trader, this allows
you to react to favorable/unfavorable events by trading immediately.
It also gives traders the added flexibility of determining their
trading day. You can live and work anywhere in the world. You can be
independent from routine and not answer to anybody.
Largest and most lucrative market in the world
If you add all the volume on all the stock exchanges in the
world, it would still not get close to the volume on the Forex
markets. Volume ensures that a trader will never be stuck with a
position – if you want to buy there will be sellers and if you
want to sell there will be buyers.
In excess of 1,5 trillion USD gets traded on a daily basis, this
is more than all the other speculative markets put together and with
more than 60 currency pairs available for trading daily it has a
huge potential for day traders.
Unequalled volume and movement in the world
Together with volume a day trader needs volatility – price
movement. The movement in the Forex market together with the gearing
factor makes this one of the most lucrative markets in the world.
More currency than stock market shares are traded on a daily
basis. There will always be buyers and sellers with the resultant
opportunities to trade. You can also trade when the markets are
moving upwards or downwards.
Offshore investment earning US Dollars
Most investors seek offshore investment opportunities. Currency
trading not only offers you this opportunity but enables you to grow
your investment by substituting your investment with profit earned
from trading.
Limited Capital required to start and operate this business
Unlike most other businesses Currency trading does not need extra
money to grow your investment or substitute your business with cash
to expand your new plans. You simply grow your investment or new
plans by locking in profits from your trading account.
Limited infrastructure required
You only need your computer, set–up with the appropriate
software and the necessary training to conduct your business. No
offices and other costly infrastructure stretching your cash flow to
the extreme is required.
Little or no staff required
In this business it is predominantly you and your computer and
you have no staff, no labor problems, no cash flow planning, no
salaries and wages, to be concerned about.
No stock
No business can operate without stock be it production or even
stationery stock, this in itself is a huge expense to keep and
protect and many hours are spent to control and check your stock...
now you can conduct a business without these expenses.
No theft and shrinkage
No losses to be concerned about and investing huge amounts of
money to protect yourself against potential losses from theft or
shrinkage.
No opposition
Because of the volumes involved in this market you will always
have a buyer when you want to sell your currency.
Almost paperless business
All transactions are logged into your computer through the unique
DealBook360 trading software. You can watch your trading bank
account while locking in profits during your trade.
Free and user friendly software
The trading software DealBook360 with charting is Windows based
and you only need to click on an icon to activate the desired
function.
Non-Simulated Demo trading account
With this account you will be in a position to trade on the real
money markets using demo money. You will see real movements in the
market and be able to trade them without risking real money.
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