4. Rollover of Positions
When futures contracts expire, you have to plan ahead if you are going to
rollover your trades. Forex
positions expire every two days and you need to rollover each trade just so that
you can stay in your position.
5. 24-Hour Marketplace
With futures, you are generally limited to trading only during the few hours
that each market is open in any one day. If a major news story breaks out when
the markets are closed, you will not have a way of getting out of it until the
market reopens, which could be many hours away.
Forex, on the other hand, is a 24/5
market. The day begins in New York, and follows the sun around the globe through
Europe, Asia, Australia and back to the US again. You can trade any time you
like Monday-Friday.
