Often, traders and investors miss the small but MAJOR details before making a decision when purchasing a stock or a certain currency. Forgetting to check the spread on a Forex pair is normal when you see an opportunity and just want to pounce, but the disadvantage is yours and yours alone.
An edge means that over a large sample of trades, a trader will come out with a profit. Without an edge, nobody can make money from the market in the long run.
The above definition is just scratching the surface, there is much more to understand about this concept.
In the simplest form, volatility is the rate at which market prices change. Large price movements equal high volatility while small price movements mean low volatility.
It’s not what you think.
This particular topic is a bit taboo in Forex trading for some and a real reality for others. But how can that be? If you’re new to Forex then allow me to disabuse you of the notion that everyone experiences the market the same way.
This is a question that may plague a lot of traders. Some of you might have heard things like “trade all of them” or “trade one until you master it”. These opinions can come from leaders in the trading industry thus leaving some newbies or even intermediate traders in the grey about which route to take. Which answer is the right one? Both…
Capital, capital, and more capital!!! The main issue when starting to trade and make a living from the markets. You know? To show off the flashy lifestyle with; the cars, the multiple homes, the luxury vacations to the Bahamas or Paris, whatever you fancy really.