First of all, before you ready any further, it is important to know that there is a mountain, I mean a colossal pile, of total crap out there about forex markets, and the stock market in general – stuff that just ain’t worth reading, whose only purpose is to get you to buy into some scheme or other that promises to make you rich very quickly.
Forexmarkets.org is not here to sell you any schemes; in fact we’re not going to sell you anything at all. Our only purpose is to give you information on the forex markets in the most clear, non-bull way as possible.
All our money is made indirectly through the advertisers you see next to the text, we sell nothing ourselves and are here to offer advice so that you may avoid some of the pitfalls and hopefully make some money on your own, in your own way through developing your own style and techniques based on what you read here and other genuine sources of forex information.
Since the turn of the century and the boom of domestic and office computer technology there has been a huge rise in interest in the forex markets. With the market being so huge, spanning every part of the globe, it is not affected quite the same way as the regular stocks and shares market, which themselves can the dramatically affected by surprise, leaked news items and sudden disasters within a company, such as a massive oil spill.
The cost of making trades has dropped in all areas, mainly due to widespread online brokers, but forex trading costs are often the lowest due to the sheer volume of trades.
With regular stocks and shares you often experience downturns in trading, where the amount of trades over a given day, days, weeks or months are less than the usual trend, perhaps because of a depression or credit crisis where people are afraid to spend too much money. Thankfully, as a forex trader, these events do not affect the trading of money through foreign exchange markets anywhere near so badly, so that forex trading hardly ever sees a lull.
However, due to the excitable nature of forex trading you often need to act quickly as the market moves very rapidly. One should never get bored or feel that forex trading ever becomes dull.
If you’re after a steady, less-stressful way of earning money outside of the current miserable banking system it is advisable to invest in regular stock and shares, preferably ones steadily rising in value and making a good profit year on year. If that sounds too dull and slow-paced, then forex markets are the way to go.