Trading Secrets Revealed - How the Pros Trade Forex
The Forex Market is one of the biggest markets in the world with the daily transaction size reaching USD 5.3 Trillion. People from different asset classes are turning into Forex due to its unmatchable advantages. It is open 24 hours and the deep liquidity allows traders to enter and exit the market in an instant. Moreover, people can start trading with relatively low capital compare to other investment such as stock market. Nevertheless, the Forex market can be a huge graveyard for your money if you cannot trade wisely. Even worse, the loss can exceed your capital due to highly leveraged trade facility offered by some Forex brokers. Navigating the ups and downs of the Forex market requires solid guidance and rules that you better never attempt to disobey. Here are the rules that have passed the test of time and market turbulence that you must keep in mind in order to profit in the Forex Market. Have a clear trading plan and stick to it. You should define you