I am assuming that everybody coming here to this website mustafa forex already knows a little about business, stocks, and the forex market, but for those who don’t, in forex we trade currencies, while in stocks we trade companies equities.
There is no comparison as far as I am concerned when it comes to profitability in these two businesses, I have some stocks in different companies, but I only trade stocks for the long term profits, that is just the only way you can really be profitable in stock trading, you buy the equities, and then you hold them and as the years pass by and the company profits, and you get paid a dividend or share of that profit, depending on the amount of shares you hold. And the companies can also award you some bonus shares.
Don’t get me wrong, trading stocks is an excellent way of investing for your golden years of retirement, that is why I have some stocks building up for me as well, but anytime and anywhere, I would always prefer FOREX.
The forex market is the most liquid market I have ever come across, unlike stock trading, if you want your investment back from the forex market, you get it in minutes, but in stock trading, you would have to wait for someone else who is ready to buy your stocks before you can get your money or investment back, and the process usually takes 2-3 working days. We at mustafa forex get our profits from forex whenever we want. If I want to withdraw my profits from my forex account I just fill the request form online and within 24 hours the money is in my bank account, now that is just talking about the liquidity.
What about the profitability, in forex you can make $500 to $1000 dollars in minutes, while in stock trading, it takes at least 3 months for you to see any improvement on your initial investment, and with the recession now, the value of stocks are crashing everywhere.
One good thing we at mustafa forex love about the forex market is that you make money when the market is going up, or when it is coming down. Cool right!!! so in my opinion, the recession doesn’t affect the forex market at all, money is always changing hands in the forex market. Just think about it, the forex market trades 3 trillion dollars every single day!!! That’s a lot of money my friend, and all we do at mustafa forex is just cut our little share from the massive pile of $$$.
In conclusion I would say the forex market surmounts the stock market anytime, any-day, and if you trade stocks and not forex, I would recommend you start trading forex today, there are many free training online, I even allowed some companies to place their advertisements on this website and you can get good information about forex from them, and from time to time I would also be posting some trading tips here myself so you have the sound forex education that we at mustafa forex advocate.
Another beautiful thing about forex is that you can start your investment with as little as $50, and just watch your investment grow with time.
1. Internet connection.
First and foremost, you need an internet connection, because without it the name “online” wouldn’t be there. The type of internet connection is very important, you need a reliable connection, it could be a dial up connection or any other internet connection as long as it does not lose connection too often, the reason we at mustafa forex recommend a reliable internet connection is because I personally have experienced failure in connection at times when a signal just shows up, but for a long time now, I have switched to a very reliable internet connection.
The trading system I use now though doesn’t require me to rush into a trade and rush out as well, it enables me to trade on the long term, making my trades more successful and losses very minimal.
2. A computer.
I know you must be laughing out loud, but yeah, I had to mention it, you need a “computer”, although you can trade forex by telephone calls made to the brokers, but it would not be as effective as trading online forex, and the cost of making the calls will be too much for you to bear anyways, so we at mustafa forex hardly trade by telephone calls, but we trade online, by ourselves.
If you even give it a thought, what if the phone lines are busy, you won’t be able to make a trade, and you also need a computer because without it you won’t be able to analyze your trades and know when a trade opportunity presents itself.
3. Forex education.
Knowledge is truly power because without the right forex training or education, you could as well just throw your money in the bin.
We here at mustafa forex always emphasize good forex education and there are a lot of free training offered by companies(forex brokers) and individuals out there, there are even some adverting companies on this website that provide sound forex training for free.
I am going to be offering a free training video very soon for everyone coming to this website, production of the video is already underway, so do watch out for it, I am going to be showing you guys how to analyze the market and place intelligent trades, and also how you can invest just $50 in your forex account and grow it into thousands of dollars just like I did. You guys will love it, and the fun part is that it’s absolutely free!!!
So, this is actually all you need for your forex business to kick off, I just want to say something here, though there are many opinions and training methods about forex out there, just adopt a simple system, that is the secret to success in this business, at least that is what we at mustafa forex dot net do, we keep it simple, and then smile to the bank every month.
To your success!!!
If this is the first post you are reading on this website mustafa forex dot net, then talking about the meaning of forex wouldn’t be out of line.
Forex simply means foreign exchange, and online forex trading means buying or selling foreign currencies online.
The reason forex is so lucrative to a lot of people is because the money from forex is what I have come to refer to as “fast money”, that is because if you time your entry right, you can make anything from $200 to $500 in minutes depending on your account size. But this is not how I trade my accounts!!!
So, How then do I trade my accounts!!!
I love trading forex so much that even after I almost lost my first account when I just started out, I never gave up, until I developed this really cool system I now use for my trades. the simplicity of this system will stun you!!!
Like I said, I don’t trade forex to grab just a few pips, say 20 -30 pips, NO!!! I trade forex to grab the BIG deals!!! I usually make 200 to 500 pips per trade, and one trade can last for days. DAYS!!! you say? oh yes!!! In my opinion, for you to really make money in forex and not lose your “shirt”, you need to be able to determine or to know in what direction the market is going to move on a long term basis.
So this is my magic technique to trading forex, and I will be letting you know more about my system as we move along on this website mustafa forex dot net, I also have decided that in a bid to help people make money trading forex, I am going to create a “signals page”, where I would be giving out free trade signals, but it is going to be a tentative signal service because I currently run a forex trade signals business, and people are actually paying for the services that I will be giving out here for free, so I will be holding back a little, holdiing back in the sense that I will give you a trade signal, but i might not give you a second one, and then i might give you a third.
Because this service is free on here at mustafa forex dot net, you might not get sms alerts as well, but nevertheless, the signals will be as powerful as ever and the trades will make you crazy money.
Please when you are placing trades, do not forget that you are exposing only 5% of your account per trade, here at mustafa forex dot net, we preach good money management, because that is what takes the edge off your trading and makes your forex business more enjoyable and profitable, because there could be trades that go against you, and you will be required to hold those trades and not panic and then cut your loss!!! So, good money management is very important, and here we recommend 5% or less of your account size per trade.
Cheers and happy trading.