I'm new to Forex and still paper trading before I jump in. Tried options based on alerts and got my brains beaten in. Forex seems like it might be somewhat less volatile, although nothing is guaranteed. Looking forward to trying!
Forex, or foreign exchange, is the market for trading all the world's currencies, and it is the largest financial market in the world. Forex trading offers many benefits, including convenient market hours, high liquidity, and margin trading.
The obvious reason is to make profits. It is true that I suffered few losses in the initial days of trading. But I tried to learn from my mistakes and never gave up.
The main reason people trade forex is to make money. Social trading is also a significant reason why people trade in forex. It's one thing to make money, but it's another thing to learn how to make money while enjoying what you're doing. For this reason, people trade forex because they enjoy it. They enjoy solving challenging problems and they enjoy being challenged by other traders as they compete against each other – a healthy competition that breeds success.