subject: Forex verse real estate [print this page] Forex verse real estate Forex verse real estate
Trading Forex is a study of foreign currency trading. The Forex is the biggest financial market in the world, which is about 100 times the size of the U.S stock exchange. The Forex market is a 24 hour global market, which allows you options to trade at anytime of the day. You can trade in this market without paying commissions and fees. The bid and ask spread is where the brokers make thier money. Tight bid ask spreads will allow you not to lose any money on your trades. This market allows you to control currency with alot of leverage, much like the options market in stock trades.
The liquidity is the highest, the market can not be cornered, you will always be able to trade or unload your positions at anytime of the day. The resources available to get started are plentiful. I find the dummy accounts offered by real trading sites to be the best ways to get your hands dirty when practicing real time trades with fake money. The housing markets require alot of cash down, with a huge down slide, people always thought of these markets as the safest, and we quickly learned that's not true.
The United States-Canadian foreign currency exchange is a popular position swing for me, as I have researched the charts and analytical data concerning both these currencies. Find a niche in this market, I study these 2 currencies and trade them against one another quite a bit, but that does not limit me to just these trades. I find learning how to trade Forex to be constantly challenging, as I get ahead of myself sometimes and make horrible trades based on emotion and not the free Forex signals that are handed to me through information networks across the web.
While day trading Forex is exciting, one must exercise control and make sure he/she can recognize profits from strict Forex trading guidlines or just sheer gambling. I think many popular mistakes in investment habits stem from this. First things first study your options, and exercise your niche. Day trading Forex can be an excellent alternative to your high reliance on the not so safe real estate market.
