Sunday, March 7, 2010

WHY FOREX?

When I first started trading the futures markets about 25 years ago trading was a lot different than it is today. There were no personal computers to handle my trades. I had to use the phone every time I wanted to place an order or get out of a trade. And the slippage was terrible. I would consistently lose money before my trade was even filled. Plus, the big shots, the institutions with tons of money, could move the market and stop you out. Don't get me wrong, I still had my good trades, but in today's world trading is a whole lot easier and a whole lot more fun.

As long as you have a computer with a good internet connection you can trade the Forex market. And with all of the money being traded every day, up to 3 trillion dollars, you don't have to worry about any one particular trader moving the market against you. That means you, the small trader, have just as much chance of winning as the big boys do.

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