Forex Day Trading - A Few Words Of Caution
Forex Day Trading has become a popular pastime with tens of thousands of avid traders around the world dreaming of making it big on the currency trades by raking in hundreds or thousands of dollars in a matter of minutes. And indeed, the forex market provides a massive money making opportunity with over 3 trillion dollars changing hands on a daily basis. However, alongside opportunity there is also risk and the statistics show that over 90% of forex day traders lose their money in the long run. Why is that? This article deals with that exactly. 1. Short span trades - Forex day trading is all about making short and fast trades. ...
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