Currency Trading Information


Why Forex Traders Plan To Fail Before They Even Place Their First Trade & How You Can Know It & ...


Have you heard the wise saying that a trader who fails to plan, plans to fail? I have, and I was once that trader! However, did you know that even though traders who have constructed a plan, which incorporates their trading stategy (their "edge"), they have a plan that is likely to fail?

If we look at all traders who participate in the market: we have one group that fails to plan and therefore plans to fail; another group whose plan is failed; and a third group who properly plans and therefore does not fail.

Is it any wonder that the success rate for forex traders is so slim?

Well it doesn't have to be.

Here's a list of reasons why those whose plan is destined for failure fail:

1. They become emotionally attached to their ideas about how the market should be with minimal or inadequate testing;

2. They fall in love with their back-tested net profit results without fully understanding other key statistical data;

3. They don't admit they're plan is wrong.

Let's explore each point in a little more detail.

1. Becoming emotionally attached to your ideas without adequate results

Most new traders when they realize the importance of obtaining a trading plan and sticking to that plan immediately begin to use the knowledge they have been taught and haphazardly throw it all together into what they deem their "trading plan".

When they are questioned on whether they have a trading plan most of these traders answer with an unequivocal "Yes!".

Most of these traders are destined for failure because their strategy is untested. They rely on blind faith to guide them through the trading jungle to make their untold millions. Would you walk from one length of the Amazon jungle to the other blind-folded? Of course not! You'll have to watch out for all the snakes, tarantulas, and other creepy things that go bump in the night, so why would you approach trading in the same fashion? I mean all you're really doing is placing the blind-fold on your capital!

Why do traders do this?

Because it's easy. That's right... it's easy. They don't need to learn a computer language to type their system into some piece of software that will take them the better part of 6 months to a year to learn, and they don't have to spend any money on buying historical data. Therefore it's easy and it's cheap and it also conserves time!

So does success meet lazy people like this?

Not many! However I will admit that it does meet a fortunate few - only those lucky enough to start their trading during roaring markets where even a monkey can make money! To repeat again: don't wear the blind-fold. Your success may be great at the start, but given time and trades, you'll be the one out of the game - having depleted all your capital.

So what do you do if you KNOW that your method is untested?

If you have the time, the money and the learning capacity I would strongly encourage you to purchase some back-testing software (such as Wealth-Lab Developer), acquire some forex data, ask heaps of questions on the Wealth-Lab forum on how to code your ideas and within 3-6 months you'll be safely coding your own forex system and testing adequately.

If you do not have the time, the money nor the learning capacity I would strongly suggest that you manually write down your system into clearly defined steps that you MUST follow. Then, after opening a DEMO forex account you would trade your system according to the rules you have set out. Trading your rules until about 20 trades have been completed.

After traders obtain their results from their testing period they unfortunately look at only one figure and make a rash conclusion about the system based on that one performance figure, namely, the net profit. This then leads us into the next problem of why traders plans are failed prior to placing their first live trade...

2. They fall in love with the net profit result and no longer question it any further!

The net profit is only one statistic among thousands, however, to keep things simple we will look at the top 3 results that you need to make sure you fully understand.

Here are the other statistical pieces of data that you should look at when your system has completed its testing period:

I. How many trades did it have? If you have made a nice profit, but have only had 3 trades during the testing period you do not have a sufficient sample space to arrive at any safe conclusions. Can you imagine what would happen to Neil Armstrong if NASA had only done 3 computations on how they would arrive on the moon??!! If it's not good for NASA then it's probably not good for you either, however, as NASA do zillions of computations you would only need to conduct about 20 trades as the bare minimum before you can arrive at any safe conclusions;

II. What was your money management procedure during the testing phase? This is by far the most important point, however, you need to make sure your system is properly working prior to even embarking on this difficult area (hence the reason why it is a CLOSE second to the above point). Be sure you fully understand what I am about to explain (read it several times to absorb it if need be)... If you test a method whereby you rely on a percentage amount of capital on a trade you can be biasing your results!

How?

Let us look at the following comparison sheet where we plot 21 trades with their pip return (we'll assume that each pip = US$1), and compare the returns against using 10 contracts per trade, 10% capital per trade, or 2% risk per trade...

Example Trade Sheet

Now as you can see from the results they can easily be doctored according to the different type of money management technique you use and what variable you decide to use it on (i.e. who is to say that we not use 20 contracts per trade, or 20% capital, or 5% risk per trade - all of these would inflate the net return figures).

It is best when you trade to stay at a fixed quantity. If you use any results that require a percentage calculation of the equity balance prior to the trade quantity being calculated you will BIAS the last trades more than the trades at the start. Hence, using a fixed quantity throughout the entire sample is one of the true indications of whether your system is profitable or not.

III. What was the drawdown? This is the largest peak to trough distance on your equity curve. In other words, if you were to enter in on the day the equity curve made a peak, how much would you have lost if you bailed out at the lowest point? To test this manually you would obtain an equity curve peak trace how far the equity curve goes down until it moves higher that the peak you started from - the lowest point made between these two points will be your trough figure which you will then subtract from your starting peak figure. The figure with the largest % loss would be your drawdown.

You would then need to look at this drawdown figure and determine whether or not it fits your risk profile. Would you be okay mentally if your account was down the drawdown % figure? If not, then you're going to have to re-create another system. As a rule I don't like systems that generate more than 30% drawdown.

One other statistic that incorporates drawdown that I like to check to determine whether the system is profitable or not is the recovery factor. The recovery factor divides the net profit by the drawdown (without the negative sign). As an example, if the net profit were $5,659 and the drawdown were -$3,542 dividing the net profit by the drawdown would result in a recovery factor of 1.597 (get rid of the minus sign). I generally prefer systems to have this statistic above 3.

So even though we have created our system that fits our personality and risk tolerance level well trades can still fail by not heeding the third and final statement...

3. Don't fall in love with the system

Most traders once they have designed a system cannot believe that their system is making a loss, or worse yet, a loss greater than the system's historical drawdown.

So, to combat this they dig their head in the sand hoping that the problem will go away. Just as trades fall in love with their position, at their own peril, falling in love with their system is also to their detriment.

Treat this as a business with your system as one of your salesmen. If the salesman is costing more than he is bringing in then you need to fire him and find another one.

How do you know if your system is no good?

As a rule I look at the historical drawdown of my system and add 10%. As an example, if my system had historical drawdown of 20% once the system reached 20% x 1.1 = 22% I would stop trading this system and move onto another. And sometimes you can still trade the same system, just with different variables, or a minor tweak.

Be sure that you fully understand the implications presented to you in this article. Trading is a business, therefore conduct it like one, as it is one of the most difficult endeavors you could ever undertake.

Ryan Sheehy is the author of Currency Secrets.com and Forex Zoo


MORE RESOURCES:

Proper Forex trading plans require solid risk management  AZ Big Media

Most control must come to risk management. There will be a good trading performance if you can handle the trading performance with that. In this article, we are ...


CZI lobbies for currency trading platform  The Herald

Zimbabwe's industrial representative body, the Confederation of Zimbabwe Industries (CZI) is lobbying Government to avail a platform for businesses to legally ...


Chinese Official Extends U.S. Trade Trip as Tariff-Hike Threat Endures  Bloomberg

The U.S. and China will extend into the weekend the current round of trade talks as negotiations in Washington yielded progress on currency policy but stopped ...


5 forex trading tips to help you find success in the market  Born2Invest

The forex market is huge, with trillions of dollars in volume at play every day in the international market. The combined volumes in the forex market surpass the ...


Currency trading: Morgan Stanley says delusional investors making mistake  Business Insider

Hans Redeker, the lead global FX strategist for Morgan Stanley, says investors are making a crucial mistake that could end up working against them.


Top Forex Trading Strategies for Beginners  The Leader Newspaper Online

In the past few years, forex trading has grown in stature as more and more people take the decision to join the forex trading bandwagon. Most of those who take ...


The Best Forex Brokers in Nigeria 2019 • Benzinga  Benzinga

FOREX.com is one of the largest forex broker for traders around the world. Account holders get access to competitive pricing, award-winning customer *service*, ...


A Brief Introduction into Forex Trading  Living Well Magazine

A Brief Introduction into Forex Trading Foreign exchange, more commonly known as forex, is the global currency market. It's where all the world's currencies are ...


Zimbabwe starts trading new currency in bid to end dollar dearth  Moneyweb.co.za

The initial rate for the currency, known as RTGS dollars, will be 2.5 per US dollar.


Everything You Need To Know About Forex Trading  The Frisky

Forex market happens to be a crowded market where businesses, people and countries participate in trading currencies. It is said that forex trading is not meant ...


Best MT4 Broker For Forex Trading 2019  Benzinga

Forex.com is a top Forex Broker in the US and worldwide. They have access to top forex trading platforms including Metatrader 4. Open a new account through ...


ONLINE FOREX TRADING CATCHES ON newsdzeZimbabweNewsdzeZimbabwe  NewsdzeZimbabwe

AN increasing number of Zimbabweans are taking their chances to trade forex online and earning a much-needed income. Forex trading is so lucrative that ...


Currency trading slumps globally as swaps, forwards fall out of favor  Pensions & Investments

Global activity in the foreign-exchange market is on the decline as traders step away from forward and swap transactions.


FX Setups for the Week of February 25, 2019  DailyFX

The US Dollar's February up-trend softened this week, and with Chair Powell set for two days of testimony next week, USD will remain in the.


Zimbabwe's new currency: the 'RTGS dollar' | News | Africa  Mail and Guardian

Harare — Zimbabwe's quasi-currency, the bond note — which has been pegged at par with the United States dollar since its introduction in 2017 — is now ...


US$5 million traded on first day  The Zimbabwe Standard

By Farai Matiashe. Only five banks used the interbank foreign currency market on the first day of trade on Friday where at least US$5 million exchanged hands, ...


IG tells America it's time to turn Forex trading on its head  FinanceFeeds

Online trading major IG Group Holdings plc (LON:IGG) has just launched the website dedicated to its US retail Forex operations. This happens in tune with IG's ...


FOREX-Dollar little changed in thin trading; Aussie dollar rallies  Reuters

term pressures rising-analyst * Aussie manages to reverse part of previous day's decline * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Recasts, ...


Naira gains against dollar across markets ahead of elections, trades N358/$1 at parallel market  Pulse Nigeria

Nigerian Naira closes at N358 to the dollar at the parallel market on Friday.


RPT-Brexit concerns bite into sterling's share of giant London FX market  Reuters

As Brexit talks drag on, sterling trading volumes in London, the world's biggest forex trading centre, are languishing well below long-term averages, with ...


Forex Margin Requirements By Broker 2019 • Benzinga  Benzinga

With our sophisticated trading platform, Forex.com is suited for active currency traders. Open an account or try our Demo Account today. Forex trading is an ...


Deja Vu for Worst Emerging-Market Currency as Carry Trade Wavers  Bloomberg

A slump in the Argentine peso Wednesday revived memories of last year's collapse, after a drop in interest rates and stubbornly high inflation led investors to ...


How Does Forex Trading Work?  FinSMEs

Forex trading is one of the most profitable money-making options — a successful trader can double their investment in 6 months. However, it is also extremely ...


Why Is Forex Trading Illegal in Some Countries?  Action Forex

Forex Financial Currency Exchange is the largest and most far-reaching market in the world, which gives many traders a chance to start a successful business ...


Make Your 2019 Forex Trading Resolution & Stick to it  DailyForex.com

Trading is difficult, not complicated - when you press the “buy” or “sell” button, you are either correct or not, and you have little to do with that.


EM currencies steady as US-China trade talks resume | ForexTime  FXTM

Most major emerging market currencies held steady against the Dollar as investors closely monitored high-level trade talks between the United States and ...


Rupee Moves Higher To 71.02 Against Dollar  NDTV News

The rupee darted up 9 paise to 71.02 against the dollar in early trade on Thursday amid a reversal in foreign fund outflows even as oil prices hardened.


Zimbabwe: CZI Lobbies for Currency Trading Platform  AllAfrica.com

Zimbabwe's industrial representative body, the Confederation of Zimbabwe Industries (CZI) is lobbying Government to avail a platform for businesses to legally ...


8 Expert Tips in Starting a Forex Trading Business | My Business  My Business

In 2019, there are a lot of options for investments and businesses available worldwide, thus the need for foreign currency never diminishes. Since countries have ...


The US keeps demanding actions on the yuan that China wants to take anyway  CNBC

U.S. negotiators are reportedly demanding that China support the yuan — which is something Beijing already wants to do, experts told CNBC.


Investment fraudster sentenced for currency trading scam  Portfolio Adviser

Manraj Virdee promised some investors guaranteed returns of up to 100%


How to Trade Forex Without Watching the News  DailyForex.com

One of the biggest misnomers that traders will run into when they start to trade Forex is the fact that “news matters.” While news does affect financial markets, ...


S. Korea's foreign currency trading hits record high in 2018 - Xinhua | English.news.cn  Xinhua

SEOUL, Jan. 30 (Xinhua) -- Foreign currency trading in South Korea hit a record high last year as the country's trade reached a new high, central bank data ...


Types of Forex Trading Brokers  FXDailyReport.com

The currency market or foreign exchange market is a global decentralized market for trading of currencies. This market includes all facets of exchanging, buying ...


Russia Studying Proposal for New and Better Crypto Regulations. Oil-backed Crypto May Be a Possibility  Ethereum World News

The Russian Duma (a division of the country's legislative power) is studying the possibility of changing its political position on crypto; a decision that could be ...


The Best Forex Brokers You Can Use in South Africa • Benzinga  Benzinga

If you're a resident of South Africa and would like to trade currencies, several online brokers have offices in South Africa and many other foreign brokers will also ...


Bitcoin trades at 5½-week high near $4,000  MarketWatch

Bitcoin prices moved higher on Tuesday, extending the hot streak, which has seen the best-known cryptocurrency log four successive winning sessions ...


Venezuela's power struggle has captured world's attention but most citizens worry about something else -- food  Fox News

I pray that the reappearance of Venezuela's crisis in the news will move people to remember this isn't simply about politics. It's really about people, like you and ...


China starts to rein in illegal currency trading  ecns

China's Supreme People's Court (SPC) and Supreme People's Procuratorate (SPP) have stepped up efforts to clamp down on illegal foreign exchange (forex) ...


Australian Dollar Weekly Price Outlook: AUD/USD Recovery Vulnerable  DailyFX

Aussie is poised to post a weekly doji just above yearly open support- is the recovery still viable? Here are the levels that matter on.


Rupee Advances By 26 Paise To 70.86 Against Dollar  NDTV News

The rupee appreciated by 26 paise to 70.86 against the dollar in opening trade on Thursday, driven by weakening of the greenback in overseas markets after ...


Dollar Faces Volatility Potential but Breakout and Trends are Still Far Reach  DailyFX

There is a high probability of volatility for the global financial markets and across FX this week, but will the jump in activity translate into.


The EUR/USD pair consolidating with support near 1.1325 - Forex Broker News and Reviews  Forex News Now

China offered to buy more American goods to balance the trade balance with the United States. US President Donald Trump will meet with Chinese Prime ...


Crypto Surveillance Startup Raises $3M To Expand Machine Learning Capabilities  UseTheBitcoin

Solidius Labs, a crypto surveillance startup founded by engineers who previously worked for Goldman Sachs, has raised three million U.S dollars to expand its ...


Rupee Ends Flat At 71.56 Against Dollar Ahead Of RBI Policy: 10 Things To Know  NDTV News

The rupee on Wednesday settled nearly unchanged at 71.56 against dollar as participants preferred to wait for the Reserve Bank of India's interest rate decision ...


Standard Chartered pays $40m fine after forex rigging probe  Financial Times

Standard Chartered has agreed to pay $40m in fines to settle claims from US authorities that the UK bank was involved in chat rooms called the “Old Gits” and ...


US' Pompeo: There is real progress in trade talks with China  ForexLive

We're hearing this for like the hundredth time since last week ForexLive By Justin Low.


Trade Optimism Boosted Risk Appetite, Dollar and Yen Ended Lower  Action Forex

Yen and Dollar closed the week generally lower on strong risk appetite. There was some sort of optimism over US-China trade negotiations throughout the week ...


US Dollar Eyes Powell Speech, US-China Trade Talks, Data Deluge  DailyFX

The US Dollar faces what looks like a perfect storm of fundamental event risk as testimony from Fed Chair Powell, key data and US-China trade.


Daily Briefing, Feb 12 - Top Trades in Forex, EUR/USD & GBP/USD Covered - Forex News  FX Leaders

On Monday, the US dollar index jumped as concerns mounted that the latest series of US-China discussions may not yield a settlement before the March 1 ...


Is it Time For The long Bitcoin?  FX Empire

Finally, Bitcoin managed to leave the bearish consolidation zone. The digital currency had been trading sideways since November 2018. Since the beginning of ...


Fed Minutes Control Markets  DailyForex.com

The U.S. dollar was stronger on Thursday and Asian stock markets were broadly higher after a release of the minutes from the Federal Reserve's January ...


What is Forex Trading? Definition, Pros, Cons & More • Benzinga  Benzinga

Benzinga's financial experts detail trading in the Forex market, which is the largest market in the world. Read and compare options for 2019 .


60 Seconds: How Do You Make Money From Currency Trading?  TheStreet.com

From Turkey's tanking Lira to trade with China to our U.S. dollar's new place in the world, currency talk is a daily recurrence. So what does all that mean and, ...


Here is the most volatile period in the Asian currency trading  MarketWatch

There is a fragile spot in the $5.1 trillion currency market: early morning in Asia.


The Best Forex Trading Mobile Apps to Use for 2019 • Benzinga  Benzinga

FOREX.com is one of the the largest forex broker for traders. You will get competitive pricing, award-winning customer *service*, and powerful trading platforms to ...


Brexit is a test like no other for currency traders  Financial Times

Range of outcomes and permutations makes EU exit a unique challenge.


FX Futures: How Currency Trading Revolutionized Finance  TheStreet.com

Financial futures today represent 90 percent of global futures trade, with currency futures being the first financial futures product to trade 45 years ago. Today's ...


Best Forex Trading Software 2019: Price, Features & More • Benzinga  Benzinga

Forex trading is an around the clock market. Benzinga provides the essential research to determine the best trading software for you in 2019.


Trump's tariff battle with China is spurring record dollar-yuan trading  CNBC

Market uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan currency pair in ...


How to earn with forex trading  Independent Online

Forex is an international over-the-counter market, where speculations with currency pairs are made. Due to the high liquidity and volatility, trading on the foreign ...


Must Know Essentials about How to Do Forex Trading  The Costa Rica News

Similar to any other business, forex trading has become a fast adaptable industry for both investors and entrepreneurs. Fortunately, not much is needed to kick ...


Forex Trading Strategies: Complete Beginner's Guide  MoneyCheck

Forex trading is a financial product which offers investors a great path for wealth creation in both short and long-term trading options.


Currency traders brace for more Brexit volatility  Financial Times

Crucial parliamentary vote, yield curve fears and US data release set the week's agenda.


How to Start Trading Forex for Beginners: Step-By-Step • Benzinga  Benzinga

Learn how to trade forex. Our guide provides simple and easy to follow instructions for beginner investors who want to start now.


Currency ‘Cartel’ Traders on Trial for Chats That Cost Billions  Bloomberg

The three British currency traders who were part of an exclusive online chat group referred to by members as “the cartel” go on trial this week for alleged market ...


Online forex trading is business for the savvy, patient and daring  Daily Nation

Sila Obegi has witnessed the figures in his account drop extensively more than several times since he started trading currencies. Yet he refused to quit the ...


What is Forex Trading? Complete Beginner's Guide  MoneyCheck

Forex is the art of buying or selling one currency for another - Find out more in our complete guide to Forex Trading for Beginners.


EAC in crackdown on illegal forex trading  The East African

Central banks and capital markets regulators have tightened rules to keep out unscrupulous dealers.


Best app for forex trading of 2018  TechRadar

Trade currencies right from your mobile device with these apps.


The 9 Best Forex Trading Courses - Forex Trading Training • Benzinga  Benzinga

Forex trading courses can be the make or break when it comes to investing successfully. Read and learn from Benzinga's top training options.


How to develop a trading plan for forex currency trading  DynamicBusiness

Forex trading has countless advantages as compared to stock trading or commodity trading.


How to make money from home on forex trading market  Pulse Nigeria

People that start forex trading have a lot to learn before they can really start making money.


Brexit is a nightmare for currency traders  CNN

The Brexit deal negotiated by Prime Minister Theresa May will almost certainly be voted down by UK parliament on Tuesday. Currency traders are trying to figure ...


Britain extends lead in global currency trading  RTÉ News

Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union.


China Aims to Pull More Currency Trading to Domestic Markets  Bloomberg

China plans to deepen its foreign-exchange markets to encourage both domestic and overseas players to trade and borrow external currencies more onshore, ...


Brexit's high noon has arrived and it spells danger for currency traders  CNBC

Currency traders lie in wait, hoping not to be caught on the wrong side of a sterling trade that could whip wildly in either direction as the debate rages and the ...


Top 10 most volatile currency pairs and how to trade them  DailyFX

Find out what currency pairs run the biggest risk in trading, and how you can tailor your strategy to capitalize on market volatility.


How to make money with forex trading  The South African

Forex (foreign exchange market), in simple terms, is an exchange of one foreign currency for another. Trading on the difference in exchange rates, you can profit ...


Zimbabwe's unlicensed foreign currency traders face 10-year jail  Reuters

HARARE (Reuters) - Unlicensed foreign currency traders in Zimbabwe face up to 10 years in jail if convicted and loss of their money and assets when new ...


Forex Trading Software: Tips, Tricks, and Suggestions  PC World

Foreign exchange (forex) trading is a rapidly-growing in popularity with individual investors.


Currency Traders on Front Line as Markets Stay Wary of U.S. Risk  Bloomberg

The final week of 2018 could prove tumultuous for investors as holiday-thinned trading combines with a growing array of pressures on markets. Traders in the ...


Major Currency Pairs: A Guide to the Most Traded Forex Pairs  DailyFX

Learn about major currency pairs traded on the forex market, including EUR/USD and USD/JPY. View our top currency pairs list and expert trading tips.


How to thrive in online currency trading  Born2Invest

The online currency trading market has seen a steady growth rate fueled by technological advancements and the simple need to trade goods and services ...


Time-Critical Forex Trading Considerations  NuWire Investor

Recently, the UK changed from BST to GMT and soon, most of the US will move across to Daylight Saving. For most people, it is an indication that it is time to ...


Forex trading - Could 2018 be the year of the new normal?  Raconteur

Forex trading may be returning to normality as the world recovers from the global economic crisis but for currency its not the 2000s again.


Why currency traders hate their jobs right now  MarketWatch

A deluge of uncertainty, ranging from trade to geopolitical spats, has the foreign exchange market in a tight grip, overshadowing fundamentals and leaving ...


British pound leads currency gainers, Japanese yen finds haven demand  MarketWatch

While the U.S. dollar remained muted and the haven Japanese yen gained on the back of global growth and trade worries, the British pound climbed to lead ...


Forex Correlation: Using Currency Correlation in Forex Trading  DailyFX

Meta Description Suggested: Read our expert guide to currency correlation and how to use it in forex trading. View our forex pair correlation table and ...


Emerging market volatility fuelling currency trading boom  Reuters

Yuan, Mexican peso, Turkish lira see big moves in 2018.


The Best & Most Volatile Forex Currency Pairs to Trade in 2019 • Benzinga  Benzinga

Start trading the best forex currency pairs with FOREX.com, Benzinga's pick for the Best Forex Broker in the United States. FOREX.com features low account ...


Currency traders betting on a Brexit deal are having a rough time  MarketWatch

A buoyant U.S. dollar, helped by uncertainties in the eurozone, is weighing on the British pound and making this Monday a painful start to the week for traders ...


The Best Tips for Forex Trading in 2019  FinSMEs

Welcoming the New Year with a goal to increase one's financial wealth is always a good thing. Whether it's investing in assets like Forex, company shares, and ...


Equity eyes more forex trading income with online platform  Business Daily

Bank expects more volumes to come through due to the convenience of the *service*.


State AG Refers 3 Virtual Currency Trading Platforms to DFS for Investigation | New York Law Journal  Law.com

The state attorney general's office has referred three virtual currency trading platforms to the state Department of Financial Services for potential violations of ...


What is Forex Trading? Everything You Need to Know  Learncfds

Welcome to the biggest and fastest moving market in the world. If you have traded stocks, futures or options, it won't be long before you are asking 'What is Forex ...


Online Forex Trading Is Growing In Zimbabwe, We Interviewed One Of The Traders  Technology Zimbabwe

We interviewed a local trader who has been trading online to understand what's happening in this space and how he got involved in it.


Trading Global: Foreign Exchange (Forex) Trading for Beginners  The Ticker Tape

A currency pair is the rate of exchange of one nation's currency for that of another's; Trading venues for foreign exchange include the futures market and the spot ...


Bank traders acquitted in forex manipulation trial  Financial Times

Price fixing case against London-based trio was brought by US prosecutors.


home | site map
© 2007