Commodities Forex and Futures Trading has increased markedly as a consequence of the 2008 Global Financial Crisis. Trading volume of Currency Markets now exceeds $4trillion daily – quadrupling over the last decade. Commodities and Forex trader numbers have doubled in the last couple of years and are set for exponential growth since share investing and property investments can no longer guarantee wealth creation or retirement incomes.
Forex Commodities and Futures Trading is a far easier way for the average person to generate additional income at home than internet affiliate marketing or other small home based businesses. Just a few hours a week trading Forex and Commodities can yield a 100% return on an investors capital simply due to the application of leverage to a trading account. Although a double edge sword – as losses are multiplied – leverage on a $10.000 trading account can produce in excess of $1,000 daily profit.
Regrettably many persons see Forex and Commodities trading as easy money and dive in without getting educated first. They see Forex and Commodity trading as a game and gamble. Without gaining an understanding of how Forex and Commodities markets work the majority of novice traders perish.
An appreciation of economics or money management practices can limit losses and compound trading capital rapidly. Like most small businesses the naive who blindly charge in lose money.
Those who fail at trading commodities and forex account for 95% of new traders – fail miserably. Whereas the properly prepared Commodities Forex Traders are successful.
Trading Forex and Commodities for a living is not difficult. You do not need a college education and you can start with just a few hundred dollars. Trading is now via the internet enabling anyone with a computer to trade from anywhere in the world. The key to making money trading Forex Commodities and Futures is education and experience. Time in the market is a tremendous teacher.
However if you do not first learn how to trade forex and commodities markets your capital will disappear too quickly for you to be able to learn fx from experience. Additionally you should invest in quality software and tools to assist your trading – such as trademiner; and learn both technical trading as well as fundamental trading.
While there are various methods traders use to trade Forex and Commodities the simplest and most profitable technique involves trading News.