Suitable For All Trading Styles!

Discussion in 'General Trading Discussion' started by TraderAnalyst, Aug 23, 2019.

  1. TraderAnalyst

    TraderAnalyst Senior Investor

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    Forex is not that transparent but being such a large market it is suitable for all trading styles. It is advantageous for short term traders who may work for few minutes to say few hours and even for long term traders also who take a position for several weeks also.
     
  2. J_C_Anderson

    J_C_Anderson Senior Investor

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    In my opinion, Forex provides traders with the most flexible trading opportunities available at financial markets. Both active daytraders and swing/mid-term traders or even investors could find a particular trading style that would fit best their knowledge, experience and financial capabilites. For example, many traders having full time work prefer Forex trading among oter financial markets just because it works 24 hours on weekdays so they trade when they have free time while trading hours on most of the regulated exchanges connected with usual working hours. Another important advantage of Forex trading is the lowest possible entry threshold. This means that one could start trading even having only $100 or $200 that is almost impossible for other markets. Of course, the risk associated with such trading would be very high, but it could be suitable for some particular categories of investors.

    It is also important to mention that it is quite easy to find information on Forex trading within the Internet. Sometimes useful information could be found even for free. Most of the brokers offer free educational coursed intended to newbie traders just making their first steps in trading. Such materials could be interesting for those who need to get general understanding of basic concepts and theories.
     

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