The selection of the right broker is the key role before starting to trade. This is not a simple task and usually the correct or incorrect choice will be obvious only after opening the account, sending the money and trying to communicate any issues with the broker, incorrect position placement or the so called stop loss hunting.
May 2015 was an average volatility trading month for most of the trading currency pairs. EUR, GBP and USD crosses made no important moves. They were traded as usual, not breaking from their current levels from the long-term point of view.
There is a huge market offering automated Forex trading systems, expert advisors and forex robots trading instead of a trader himself. But is trading with no emotions, keeping the strategy, keeping the rules and not being influenced by the trader’s psychology effective?
What is Forex (Foreign Exchange Market) and does it work in fact? Due to its high accessibility and quick profit possibility, Forex is number one choice for all investors searching for stable profits. Learn the basic principles and terminology of the largest financial market in the world.
Forex trading is connected with a high level of risk and may not be appropriate for all the investors. The high degree of leverage can be and advantage or disadvantage. Before you decide to trade any such leveraged accounts it would be reasonable to carefully consider your investment objectives, level of experience, and risk you can afford. It is possible that you could sustain a loss of some or all of your initial investment that is why you should not invest more money than you can afford to lose. You should learn all the risks connected with the market trading and advise with an independent financial advisor in case you are not sure what you are doing..
Opinions, news, articles, comments, survey, analyses, forex rates or other market information contained on this website is provided as a general market comment only and do not constitute investment advice. NYC Investments will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on our services.
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The content on this website is subject to any change without notice and is provided for the exclusive purpose of assisting traders to make independent investment decisions. NYC Investments has taken reasonable measures to ensure the accuracy of all the information on its website, however, does not guarantee its accuracy and will not accept liability for any losses or damages which may arise directly or indirectly from the content or your inability to access our website, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.