While transaction costs for a Forex trade are minimal, Stock Market trades often come with much higher commission fees. Due to the same technology and the Internet, though, stock trades are far more reasonable for the individual investor today than they were just a short five years ago.
Another benefit of a forex robot trading system is that it can play in very short frames. It will find a buying point, place a pip and move on to another trade in some different currency exchange. So you can look to play Wall Street and Nikkei within a span of 20 minutes. This way, the forex robots allow you to make the most of liquidity that one country may offer at a time and another may offer at another time.
The currency markets can develop strong trends which provide tremendous profit potential. Traders may trade currency futures or they may choose to trade the foreign exchange or Forex market. The Forex market has become extremely popular for those wishing to trade currencies. In Forex traders trade currencies in pairs such as the popular Eurodollar - US Dollar pair. The symbol for this is EURUSD and may also be seen listed as EUR/USD.
Forex can seem to be tough at the first instance to a new investor but once you have understood the process of the trading,then it is all about making the right decision and earning a handsome profit. with various fundamental and technical analysis tool available in the market,a careful investor can make huge profit by trading currencies. A small margin deposit can control a much larger total contract value. That Is what we call 'Leverage'.
Because ... they strive to get lots of new people hooked up and get started with forex trading via mini accounts. Mini fx accounts offer crazy leverage and allow one to get started with live forex trading for either $250 or $300 (which is a measly sum for most).
You should use these practice sessions to 'identify' your weaknesses (all traders have weaknesses) and work on them - perhaps it's a need of more knowledge, perhaps it's fear - only you can make that analysis about yourself - but it has to be done in order to confidently progress to the next step!