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.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
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