Eight Reasons to Consider Currency Trading – Forex rates today

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Forex Rates Today
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Eight Reasons to Consider Currency Trading
Forex rates today

• Trading Hours
• No Commissions
• Increased Leverage
• Guaranteed Stops

• Market Size
• Ease of Entry
• Profit Potential
• Tax Advantages

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Market Size
The currency market is the largest financial
market in the world. The liquidity that comes
from a market that trades nearly 2 trillion
every day enables you as an investor to enter and
exit you positions easily without having to worry
about the price jumping too far before you
execute your trade.
Ease of Entry
You can get started in the currency market with
an account as small as 250. You dont need to
have a lot of money to start making great returns
on your investments.
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Profit Potential
Profit potential is what every investor wants to
hear about, and the currency market has plenty of
it. You can make money in the currency market
whether currencies are going up or down.
Tax Advantages
In the Forex rates today market, much to
investors delight, it doesnt matter if you take
your profits one minute after you enter a trade,
or one month after you enter a trade the first
40 percent of your profits are taxed at
short-term capital gains rates, and the remaining
sixty percent is taxed at long-term capital gains
rates.
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Trading Hours
The live fore rates (currency) market is open 24
hours a day, nearly seven days a week. So whether
you work during the day, go to school at night,
or just like to get up early, you can find a time
to trade currencies.
No Commissions
You never have to pay a sales commission when you
trade currencies. Stock brokers, even discount
stock brokers, charge you a commission for every
trade you placeboth to get into a position and
to get out of one.
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Increased Leverage
In forex rates this is perhaps the advantage that
is most appealing to aggressive investors.
Increased leverage allows you to control a large
holding of currencies with very little money up
front.
Guaranteed Stops
You have the ability in the Forex rate market to
determine at exactly which price you would like
to enter a trade and at exactly which price you
would like to exit a trade, and these prices are
guaranteed.
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