The foreign exchange market operates 24 hours a day and is the most liquid market in the world, enabling you to enter and exit your positions nearly at will. However, the Forex market is also very risky to trade. There are times during the day and night that offer you some very good movement and [...]
Archive for the ‘Foreign Exchange’ Category
When to Trade Forex
August 16, 2008
Forex Market Trading Plan
August 16, 2008
Do you know how to trade forex? If not, let’s begin with these questions… When is the last time you took a trip out of state to a place you have never been before? Did you get into your vehicle and just start driving, hoping that you will just somehow find your destination? OK, yes, [...]
Forex Money Management Basics
August 16, 2008
You know the old saying: “Never place all of your eggs in one basket.” This is very true of the Forex market (or any financial market for that matter.) It is widely held that one should NEVER risk more than 5% (or less) on any one trade. This is the basis behind money (or risk) [...]
