Find Your Trading Edge
Every trade has both a buyer and a seller. By definition, those traders are staking out opposite views on the future direction of the underlying stock, currency, commodity or option. Whenever you enter into a trade, you are competing with somebody else to see whose information (or intuition) is better.
Currency-trading brokerage firms are now required to report quarterly on the percentage of their clients that were profitable or unprofitable. Not surprisingly, 81% of customer accounts lost money according to the latest available quarterly data. The biggest institutional players in FX are banks, hedge funds and multinational companies that seek to hedge their currency exposure to smooth out their budgeting....363 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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