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Why Should I Trade Forex

As FOREX is so heavily traded world-wide there is clearly an opportunity to profit from both rising and falling prices. This is the main advantage of trading FOREX, an advantage that you will be able to profit from when you trade FOREX with PIPTRADE – please also see risk warning
  • Liquid Market As there is such a great flow of FX trading, the prices are incredibly transparent. As it is so fluid, you are unlikely to get hit by a very sharp and sudden price movement against you, or not be able to exit a position.
 
Forex
  What is Forex trading
  What are the
Characteristics of
Forex trading
Why should I trade
Forex
  • 24 hour trading You can trade FX whenever you wish, day or night. Also, with no intraday breaks, there's no risk of the product re-opening with a large gap and you suddenly making a large loss.
  • Availability of information As FX is so widely traded, the volume of information available on the subject of FX trading is huge.
  • Huge buying power and market participation Due to its massive liquidity, you can see large daily trade ranges, giving you the opportunity to make decent returns quickly.
  • Competitive prices The volume and nature of FX trading make it immune to market manipulation and insider trading.

For an Example of how you can profit from trading FX with PIPTRADE please see below.

Example
The trade is opened when EURUSD is trading at
1.3048 (Selling Price) - 1.3051 (Buying Price)
1 TICK of EURUSD is 0.0001
 
You think the price is due to
FALL
Sell EURUSD @ $10 per TICK
@ 1.3048
 
You think the price is due to
RISE
Buy EURUSD @ $10 per TICK
@ 1.3051
 
With PIPTRADE you can choose the US$ value per tick
according to your risk preference. When you trade at $10 per
TICK, your profit or loss will change by $10 every time the
price of EURUSD changes by 1 TICK (or 0.0001)
 
The Trade is closed when EURUSD is trading at
1.2974 (Selling Price) - 1.2977 (Buying Price)
 
Sell EURUSD @ $10 per TICK
@ 1.2977
 
Buy EURUSD @ $10 per TICK
@ 1.2974
 
Selling Price: 1.3048
Buying Price: 1.2977


Difference:
(1.3048 – 1.2977) = 0.0071

Your profit on the trade is 71 ticks
Trade Size: $10 per TICK
(0.0001 movement)

71*$10 = $710 Profit
 
Buying Price: 1.3051
Selling Price: 1.2974

Difference:
(1.2974 – 1.3051) = 0.0077

Your loss on the trade is 77 ticks
Trade Size: $10 per TICK
(0.0001 movement)

-77*$10 = -$770 Loss

 
 
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