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November 16th, 2010Forex TradingThe foreign exchange market, unlike the exchange, is open twenty-four hours a day in the business week. This again is often because of its global nature. Some traders work business hours in their own time section, others log on in the evenings or early mornings before heading off for a real job.
Speculative trading is dangerous, whether it is undertaken in stocks or currency. If you’re looking out for a safe investment then currency trading is not for you. Risk is the trade off for the possibility of making large profits from the high leverage that is available thru forex brokers. Controlling a position size that’s a hundred times your committed funds is common ; two hundred times isn’t surprising and four hundred times is possible with some brokers. This means that a little change in the cost of a selected currency pair can have a giant impact.
Tags: automated software, currency trading, ea, expert advisor, forex bot, forex trading system, trading software -
