Some people call the FX market the market that never sleeps. What are the advantages and disadvantages of a 24-hour market?
Forex provides frequent opportunities on both the upside and downside. For many years the Foreign Exchange market (FOREX or FX) was out of reach for the mainstream investor. But nowadays with low transaction costs and easy access to the Forex market, one can easily participate in the world’s largest trading arena. It has been said that “The FOREX Market never sleeps.” Unlike the Stock Market, there is no waiting for an opening bell. This can be very advantageous if you want to trade on a part-time basis, as you can choose when you want to trade: morning, noon or night. Also, because the FX market is sensitive to Political, Financial and Economical news, a trader can take immediate advantage of this volatility and trade accordingly.
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