Three Reasons to Trade Forex and not the Stock Market

Now is a good time to find out about forex trading software. Why? If you are able to control your emotions making money from forex is simple. Right now property is on the slide, stock markets are collapsing and you have probably missed you chance to get hold of some gold at a reasonable price for the next few years. However the forex markets are always churning out money and the best forex trading software can help you get it.

Also, as currently the World is in a financial mess it is a superb time to get into Forex a reason for which I will outline below.

Here are three reasons you should be trading forex:

1. Liquidity. Of course you have been told about how much money goes through the exhanges everyday but has it clicked as to what it means for you?. It means you can enter or exit the market at anytime of the day or night instantly. You won't have the problem of being stuck with a lot of over valued stock. Because of the huge demand for currencies all across the globe from among others, central banks, you will always be able to take profit or cut losses when you need to.

2. Simplicity. You don't need to get yourself bogged down in company statistics and financies. There is no looking at the financial health of a company and its predicted growth for next year. There is no reason to pour over annual reports, evaluate the P/E ratio or decide if the accounts are being creative. The only thing you need to do is monitor a few currency pairs and check for indicative movements and patterns, which brings me to the final point.

3. Trends. Again you have probably heard the maxim "the trend is your friend" and it is true. Often times currency move in either upward or downward trends for long periods. All you have to do is get on the right side of the trend and you are in the money and forex trading software can help you do this so you don't have to be in front of the computer constantly. Then when you do get on it you need to stay with it for as long as possible.

Get yourself some forex trading software that identifies trends, entry and exit points and get started. Apply good money management and you will maximise your profits and minimse your losses.