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Assuming one has acquired enough market knowledge and acquired one?s proven trading system. This is the second most important element of success in trading, in fact. An edge in any system is based on the quality of info one has, charts being only an info of secondary quality not the best one.
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I happen to believe if a child can learn to trade with some simple signals he will do better than most traders, most of the time, making a good living. But then again, movin market is more than just following the signals. Good trades to you.
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The Forex market is a nonstop cash market where currencies of nations are traded, typically via brokers called forex brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets while traders increase or decrease value of an investment upon currency movements. Foreign exchange market conditions can change at any time in response to real-time events so it is also considered to be a highly volatile and fragile market too. Conditions of the Forex market never remain the same they changes every second.
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Unquestionably, the foreign exchange or Forex market is the largest financial market in the world. This results in fair prices and narrow spreads. There are no restrictions to sell currencies short, unlike stocks, which have to be sold short on an up tick rule. This means that as a Forex trader you can make money just as easily in rising and falling markets. Stock liquidity is reduced after regular trading hours. Foreign exchange trading does not exhibit this problem because the currency market is open around the clock.
Forex Related News
Stocks and USD lower on concern about US Economic growth
Fri, 09 Nov 2007 09:48:58 GMT
As FED Chairman Ben Bernanke yesterday raised concern on US economic growth USD and stocks went lower.
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Labels: Online Forex | Online Forex Trading
posted by The Broker @ 11:07 PM
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