Excellent Forex Education and Online Trading

Over the last couples of weeks, while I was going through some struggles in life, I spent some of my time reading and studying forex trading materials. I read books, e-books, watched educational videos about online forex trading and also practiced live online trading. It was a serious topic and not a good one to read you might say, but I thank my mentors who are providing me with excellent forex education and making online forex trading simpler, less complicated, fun and exciting as well for me :)

I mentioned in my October post that forex trading, or currency trading, is one of the vehicles I learned from the Money Summit Cebu 2011 to make massive money, which I seriously wanted to pursue. It was presented by Mark So of Forex Club Asia. Forex market was not completely a new topic for me. I had exchanged some currencies on several occasions before when I traveled to other countries. However, I never have had any experience when it comes to online forex trading. However, Mark So's presentation was very educating and inspiring. While I knew forex market carries high level of risk, it did not deter me from trying it out. So immediately I signed up and opened a forex trading account with Forex Club Asia. Membership is FREE and no commitment at all. Now I am learning and receiving FREE excellent forex education from Forex Club Asia. I feel so blessed to have a mentor like Mark So. He has wealth of experiences and successes in online forex trading, making him a highly-recognized master forex trader in the Philippines. Since this opportunity is FREE, I thought I would like to share this information to you, so you could benefit from this also. 

What is Forex Trading?

Forex trading also known as foreign exchange or currency trading is one of the largest markets in the world. According to statistics, forex trading makes up 95% of total foreign exchange transactions, while currency conversions (or exchanges) only comprise 5% of the forex market. Daily trade volume in the forex market reaches over $4trillion.  Forex market is a highly regulated market in the world, and major players in the forex market include central banks, commercial and investment banks, trading institutions, hedge funds, corporations and individual investors. 

Unlike stock market where stocks certificates or shares are traded, in forex market currencies are being traded. That is why in forex market, currencies are always traded in pairs. One currency is compared against another currency. Forex traders earn or make profit by speculating on the value of one currency against another currency, say PhP/USD or EUR/USD. The value of one currency can increase in value (appreciate) or decrease in value (depreciate) relative to another currency. Movements in currency values offer forex traders opportunities to generate massive profits.

Advantages and Benefits of Forex Trading

Forex trading offers many benefits and advantages. Here are some of the benefits why forex trading is popular:

• Forex market is really big and offers more trade and profit opportunities.  The daily trade volume of forex market is over $4 trillion, while stocks and bond markets daily volume are only billions of dollars.    This huge trade volume provides traders opportunity to generate massive profits.
• 24-hour market. Unlike stock market where trading hours are fixed, for instance, in Philippine Stock Exchange, trading hours take place between 9AM to 12PM, Monday to Friday except holidays, forex market is open 24-hours. This gives you the freedom to trade anytime of the day. Forex market also gives you the ability to trade almost any currency!
•  Leverage. Forex trading gives higher leverage even with small amount of capital. As such, it provides traders with more opportunities to generate nice profits. It also gives traders flexibility to keep their risk capital to a minimum. In Forex Club Asia, you can trade for as low as USD300 only.

 However, as a caveat, forex trading can be extremely risky. While forex trading can generate massive profits, the chance also to lose part or all your capital, is very high. Good thing is, in Forex Club Asia, you are with the community of forex traders where you will be taught how you can take precautions to minimize the impact or losses in forex trading. Your mentors will teach you the skills you need to manage your trading risks. Whether you are a beginner in forex trading or seasoned forex trader, you will never trade alone with Forex Club Asia. I am enjoying my experience with Forex Club Asia, that is why, I can't help but share this opportunity with you.

Please do not miss this rare opportunity. To know more about forex trading and get excellent forex education and online trading tips for FREE, you can click here to visit the website of Forex Club Asia and join us for FREE.