4. Overturns
Positions
As
your futures contracts
run out, you will have
to arrange ahead if you
are going to overturn
your trades. With
FOREX, the situation is
different. Your
positions with FOREX
run out every two days
and you need to
overturn each trade
just in order for you
to maintain your
position.
5. 24-Hour Market
place
With
futures, you are
generally limited by
time, as their market
opens only a few hours
each day. Therefore, if
a new event strikes
you, there will be no
way for you to pull out
until the market
reopens, which could be
a disadvantage to
you.
FOREX,
however, is a
24/5 market. The
day starts in New
York, and goes
behind the sun
around the globe
through Europe,
Asia, Australia
and back to the
US again. You can
trade whenever
you like from
Monday through to
Friday.
6. Free Market place
An
average daily volume of
US$1.4 trillion makes
foreign exchange (or
forex) the biggest
market in the world,
which is 46 times as
big as all the futures
markets put together!
With the amazing number
of people around the
world trading FOREX, it
is difficult for
governments to have
power over the value of
their own
currency.
A
great alternative
to futures and
commodities
trading is simply
FOREX
trading.
Unless
you have
professional
skills, you might
want to get some
help in order to
ensure your
success. Of
course, there
will always be
some risks
implicated, but
if you follow
this
comprehensive
guide to
triumphant FOREX
trading, the
whole practice
will become much
clearer.
So let’s get
started
!
