Greg Secker believes the time for investors to begin trading on the foreign exchange market is now. According to the financial expert, there are numerous reasons why one should join forex trading. First, with stagnating wage growth, there is need for one to look for additional income generating avenues. Forex trading provides one of the best opportunities for such needs. Secondly, the skyrocketing inflation rates across the globe are continuously reducing people’s spending power. For individuals to continue enjoying a lifestyle that is equivalent to the one that they are living presently, they must increase their incomes. Lastly, increasing interests rates have made loans too expensive to use as a source of money, whether for starting a business or personal needs.
Many people are reluctant to join forex trading since they believe that one needs a mathematical mind to succeed in the business. Although there are graphs that help one to make strategic trades, experts have developed software to help individuals who are not good with graphs and curves. The software tells one when to buy or sell given currencies.
Forex trading has several advantages. First, it is an easy to start business. Most brokers allow one to begin trading with as little as $250. This makes the option accessible to loads of people. Secondly, new traders can practice with demo accounts. These demo accounts enables people to comprehend how to trade without risking their hard-earned cash. Thirdly, provided that one has a trading account, he or she can make trades anywhere and anytime. All one needs is a device connected to the internet such as a Smartphone, tablet or computer. Lastly, unlike stocks where one can make money only when the market is moving up, forex trading provides a flexible system where a trader can make money both from rising and falling market.
About Greg Secker
Greg Secker is a forex trader, financial expert and a shrewd entrepreneur. Secker is a popular name in the world of forex trading. He is credited for creating the world’s first web-based real time forex trading platform.
Secker was brought up in Norfolk, England. He pursued his bachelor’s degree in Agriculture and food science at the University of Nottingham. The forex trading expert began his career at Thomas Cook Financial Services. At the company, he learned about trading foreign currencies. He managed to combine his trading expertise with his software development skills to create Virtual Trading Desk. Presently, he manages his company, Learn to Trade. The company is the creator of SmartCharts software.