Author Topic: what are the advantage of forex trading?  (Read 2146 times)

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mjvillena

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what are the advantage of forex trading?
« on: September 05, 2013, 02:52:59 PM »
please post something here.

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what are the advantage of forex trading?
« on: September 05, 2013, 02:52:59 PM »

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mjvillena

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Re: what are the advantage of forex trading?
« Reply #1 on: September 06, 2013, 06:02:57 PM »
hi guys, i wanna know what are the advantage of forex trading?

GreenMoney

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Re: what are the advantage of forex trading?
« Reply #2 on: September 12, 2013, 12:32:02 AM »
There are some advantages of forex trading compared to the stock trading.

1. 24 Hour Market
Since the forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Because you are situated in the East, chances are you can trade in the US or Canada Forex morning hours while you are sitting on the couch during dinner . Forex trading operates 24 hours a day, five days a week. The greatest liquidity occurs when operational hours in multiple time zones overlap.

2. High Liquidity
There's high liquidity in the forex. Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.

3. Low Transaction Cost
In forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.

4. Leverage
Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader's account.

5. Profit Potential from Rising and Falling Prices
The forex market has no restrictions for directional trading. This means, if you think a currency pair is going to increase in value; you can buy it, or go long. Similarly, if you think it could decrease in value you can sell it, or go short.

mjvillena

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Re: what are the advantage of forex trading?
« Reply #3 on: September 17, 2013, 09:40:33 PM »
so san maganda mag invest for you?

GreenMoney

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Re: what are the advantage of forex trading?
« Reply #4 on: September 18, 2013, 09:24:53 AM »
maganda din maginvest sa forex. but still depends on the risk ... iba iba din kasi ang risk per investment vehicle. at hindi lahat applicable sa bawat investor kasi kanya kanya ang gusto ng bawat investor.

But if you are the type that is risk taker, then this could be good for you. just learn with the fundamental and technical aspect of forex trading.

tingin ba ng iba?

mjvillena

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Re: what are the advantage of forex trading?
« Reply #5 on: September 18, 2013, 05:59:42 PM »
Yes naginvest ako sa col before tas bagsak ung market ng philippines so naghahanap ako ng mas magandang alternative securities which is forex.

what do you think?

RichPoorDad

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Re: what are the advantage of forex trading?
« Reply #6 on: September 19, 2013, 03:12:35 PM »
FOREX, hmmm mahirap yan masyado. Mas mabilis at mas risky kaysa equities. FOREX is 24/7 eh. Pero if calculated mo naman risk ok lang.

When going into investment, I would depend on your goal why you invest. No investment is better than the other.

I know someone who's a licensed stock broker, been trading since early 90s and traded in different Exchanges. He said when he was younger and single, 90-95% of his cash is in equities. Risky? Not really. Why? Well he already breathes the market, he's experienced with proper financial education plus been doing it for years.. When he got married and had a kid, he diversified. Why? Because he said cannot take the risk of loosing money anymore due to his family. Thus he opted to go with slower but safer funds.
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GreenMoney

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Re: what are the advantage of forex trading?
« Reply #7 on: September 19, 2013, 03:26:32 PM »
when the stocks is down, this is the perfect time to buy more kasi remember magdedecember ba tataas na ulit ang stock market.


mjvillena

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Re: what are the advantage of forex trading?
« Reply #8 on: September 23, 2013, 05:21:49 PM »
yes i agree na maganda mag invest sa forex trading if ung risk appetite mo is mataas :)

And if gusto mo kumita ng malaki try forex trading. I already try ung forex pero demo lang nakita ko ang bilis mag fluctuate nakakatuwa kase ung profit mo makikita mo agad and nagtratrade din ako ng col pero talo pa din ako e.
Tska for me madali mamanipulate ung stock trading kase may mga issues na mas nauuna ung iba like material news kung bakit ung value ng stocks tumataas at bumababa.


ano tingin nyo? please post your reply here

DonaldTrumpPH

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Re: what are the advantage of forex trading?
« Reply #9 on: September 23, 2013, 05:50:42 PM »
@mjvillena, kunyari interested ka na mag join sa forex trading paano ang trading hours don? I mean how do you transfer money ? May tax tax pa bang kelangan? Paper work?

mjvillena

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Re: what are the advantage of forex trading?
« Reply #10 on: September 24, 2013, 01:51:30 PM »
hi donald,

what do you mean transfer the money? ang alam ko kase ung sa metis available sya sa 3 banks bpi, metrobank and and bdo po tas magpapatransfer sa account name ng metisetrade, inc po. tas un sir pde din ung lateral transfer from different brokerage to metisetrade depende po sa brokerage firm.


mjvillena

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Re: what are the advantage of forex trading?
« Reply #11 on: September 24, 2013, 01:56:42 PM »
hi donald,

24/7 ung trading ng forex tapos 4am monday to 5 am sat ung trading nya :))

tas on how try demo account

click this one Check it here.

DonaldTrumpPH

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Re: what are the advantage of forex trading?
« Reply #12 on: September 26, 2013, 04:37:02 PM »
hi donald,

24/7 ung trading ng forex tapos 4am monday to 5 am sat ung trading nya :))

tas on how try demo account

click this one Check it here.

a ok ... thanks mjvillena,

diba open pag sundays? hanggang saturdays lang?

mjvillena

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Re: what are the advantage of forex trading?
« Reply #13 on: September 26, 2013, 06:21:42 PM »
okay sir. :))

Ken312

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Re: what are the advantage of forex trading?
« Reply #14 on: November 07, 2014, 09:11:46 AM »
any updates here? kamusta na ang trading nyo ? So far so good?

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Re: what are the advantage of forex trading?
« Reply #14 on: November 07, 2014, 09:11:46 AM »

 

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