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We're Money Geeks | |
| Evolve as a TRADER |
| March 10, 2010 |
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FOREX VS. STOCKS |
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Ok, you want to invest your money, but which of the thousands of stocks do you choose? Do you buy a few shares of the well-known expensive stocks or more shares of the cheap "penny" stocks that hardly move from week-to-week???.... Neither. Trade the major world currencies in the Foreign Exchange (FOREX) Market, where penny movements throughout the day equal thousands of dollars in a standard account! The FOREX Market, which trades the major world currencies, has a daily average of $1.5 trillion. In fact, you could add the New York Stock Exchange (NYSE), Great Britain's FTSE Market, Germany's DAX Market, and ALL of the other world markets together and it still does not equal one day in the Foreign Exchange (FOREX) Market. The stock market trades shares while the FOREX trades lots. The stock market gives you 20-minute delayed price quotes, while the FOREX gives you the real-time prices of the world currencies instantly. How can you prosper from this?Using 50 Weeks' Active Alerts, we broadcast good trading opportunities straight to your desktop. When our powerful indicators line up correctly for low-risk & high probability trades, we notify our users with our fast, virus/spam/adware-free software.
The stock market buys & sells shares and measures success in points.The FOREX buys & sells lots and measures success in pips. In the FOREX & Stock market, when you buy or "go long," you believe that the price will go up. When you sell or "go short," you believe the price will go down. One standard lot equals 100,000 of the base currency. 50 Weeks trades mini-lots which equal 10,000 of the base currency. The five currencies that 50 Weeks focuses their attention on are the
Now isn't that easier than tracking thousands of different stocks?The five currencies are grouped into currency pairs. These pairs are written in stone and will never change their order. The five currency pairs that we track are
80-85% of the FOREX transactions travel through the "majors." The reason we trade the "majors" and one "exotic" is that more opportunities exist for us to make money. Getting started with a margin account trading stocks begins at $2,000...plus you must pass a tough credit check. All FOREX accounts are margin accounts by default, mini-accounts only require $250, and NO credit check is ever done. Trading on margin can best be described as trading with other people's money. Used wisely, margin accounts are a good way to make money quickly. However, margin accounts are also a good way to lose money quickly if you do not know what you are doing. This is when 50 Weeks' smart money management comes in and makes "The Rule" work for you!
In the crazy stock market, a margin account can hold a negative balance.This means that if a trade turns against you and you never close the trade, the brokerage will sue you and come after your house, car, and other personal assets. In the FOREX Market, this is NOT the case. In the worst case scenario, your FOREX broker will close your account automatically before your account reaches zero. Furthermore, your account can NEVER hold a negative balance which is an additional safeguard. Also, if your FOREX account does reach zero, you can always add more money into it without any penalties and you are still allowed to trade on margin. In the United States, the trading day begins at 9:30am and ends at 5:00pm EST.
This is not true in the FOREX. This is a true 24-hour market, where the world banks have traded since 1971. These are the same banks that give us only 3% in our savings account while they use our money to trade for huge returns in the FOREX. The first market opens at 5:00 pm EST on Sunday in Australia. Next, Japan begins it's trading day at 7:00pm EST. Afterwards, London opens at 3:00am EST. Finally, America starts their trading day at 8:00am EST. This market does not close until Friday at 5:00pm EST. Think about it, no matter how crazy your work schedule is, there are always opportunities to trade and earn money. If you're a nightowl, an early bird, or a late-sleeper, the FOREX market is always open for you to trade! If that's not enough, the FOREX market lets anyone practice their trading plans freely before you spend one penny. Most brokers provide demo accounts with play money already added for your convenience. Some start you with $10,000 while others give you $50,000. After your 30-day trial period, most brokers allow you to sign up with them again. Most important, you are trading alongside the other world traders and banks in real-time! Demo accounts also give you a chance to become familiar with the broker's software because each one differs.Try getting this type of service in the stock market where stock quotes are ALWAYS 15-20 minutes delayed. How can anyone truly test their trading plan against an unfair practice? Seasoned stock traders will tell you that...it's difficult to "get filled" at a particular price. One reason may be you're looking at 20-minute delayed quotes. The truth is you can't buy into the market unless someone is willing to sell; and you can't sell unless someone is willing to buy. That can be very frustrating. Outside of news events, these problems don't exist in the Forex because it is the largest market in the world!! Someone is always willing to go long or short because there are so many people all over the world trading with you. Trading may not be for everyone, but earning money is. If you don't want to be near a computer for our alerts, look at 50 Weeks' Managed Forex Accounts. We trade your account alongside our own while you continue your usual day owning your life. The trades we make in our Managed Forex Accounts are the same trades given in our Active Alerts. We also use the same smart money management in our account. Sound fair? Subscribe now.
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© 2010 50 Weeks, LLC. All Rights Reserved Disclaimer: Trading stocks, futures, options and spot currencies involves substantial risk. Trading the foreign exchange (Forex) market carries high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment therefore you should not invest money that you cannot afford to lose. Your trading results may vary and you should be aware of all the risks associated with foreign exchange trading. |
