of the internet, trading has never been easier. As is such a highly traded market, there are a lot of brokers to choose from, offering differing rates of commission (also referred to as spread) and trading platforms with different features. Most platforms will allow you to pre-enter buy and sell orders at your preferred price, along with stop loss (to minimize your loss if the trade goes against you) and profit target. Many firms also offer free 'demo' accounts. A demo account will allow you to practice your skills trading with virtual money before you put any real money at risk. Most brokers also offer real-time charts for and popular technical analysis tools.
A large advantage of trading is the amount of leverage that you can use with some firms offering up to as 200 to 1 leverage, allowing you to place a $10,000 trade with a $50 margin. The use of leverage can help those with limited funds to trade large quantities on the market. A large number of brokers also offer 'mini' accounts allowing traders to place much smaller trades than standard accounts.
Forex trading also has the advantage that you can trade both sides of the market, you are able to enter trades both LONG (expecting the market to go up) and SHORT (anticipating the market will go down).
The market is open 24 hours, closed only from Friday evening to Sunday evening. This means you will never get stuck with opening/closing gap problems. The fact that the market is open 24 hours makes it a more accessible market for part-time traders as trades can be placed at a time that is practical for you.
To get more information on trading and and bullion, visit the link below or try searching in google.
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