Learn to Pivot Point Trade with best selling Forex trading author Mark Mc Rae with his - Pivot Point Trading.
for more info click su.pr GENERAL FAQs ABOUT THE FOREX MARKET What is the "Foreign Exchange," or "Forex" or "FX" for short? Is there a "central location" for this market? Who are the "participants" in this market? When is this "market open" for trading? Which "currencies" should I trade in this market? Do I need a lot of "money" to trade this market? What is "margin?" What are "long" or "short" positions? What is the difference between "intraday" and "overnight" positions? What "drives" currency prices? How should I "manage risk? How "often" should I trade? How "long" should I maintain my positions? I like what I hear and see so far about foreign exchange trading, but I am still "nervous" about getting involved. How can I "overcome my fears?" What is the "spot rate," and what is the "spot market?" What "exchange" does it trade on? What do the terms "bid/ask" and "spread" mean? What is "price shifting?" How should I "manage risk?" The most common risk management tools in Forex trading are the limit and stop loss orders. A limit order restricts the maximum price to be paid, or the minimum price to be received. A stop loss order ensures that your position is automatically liquidated at a predetermined price, should the market move against you. Limit order and stop loss orders can easily be executed due to the huge liquidity of the Forex market. Concerning risk, our trading method has a 70% success rate, so you will not be "flying blind," as most traders do. We are here to ...
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