by Gavin M.
Why would anyone trade FOREX? The best and only answer should be: FLEXIBILITY. The Forex market is the most liquid market in the world. It is open 24 hours a day, 5 days a week. FOREX is the better alternative to stocks for individuals who have full-time jobs. There are no research materials to read and best of all, there are only a handful of major forex pairs to trade. It really simplifies the way you trade.
In trading, the way to profitability is simplicity. I have always practiced simplicity in my trades. As an all-around trader, I always get a good chuckle from people who put on complicated options plays like iron condors, put butterflies and other types of flying things.
No PDT. Forex does not have PDT rules so you're free to trade as many times as you like whenever you want and however you want. FOREX truly frees a trader from the shackles of useless, archaic and moronic SEC-decreed rules.
Lastly, the FOREX world is perhaps one, if not the ONLY market where you can still get away by just trading with technical analysis and ignoring everything else. So if everything I've said above sounds good to you, what are you waiting for? Go learn how to trade Forex!!!
If you want to learn how to trade forex or want trade ideas, sign up at Equity Sense. We provide smiles for free.
Traders from Equity Sense will be writing on this blog on positions and other market-related things.