Forex Industry

Forex Market Statistics 2000-2013

Submitted by fxpros on Sat, 04/09/2022 - 12:04

Forex Market Statistics 2000-2013

Foreign Exchange Market Statistics 2000-2013

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They say that beauty lies in simplicity... but this is not true when trading the Foreign Exchange Market

10 Key Forex Trading Tips

Start with a demo account, then move to a micro-lot
Trade with ECN/STP brokers, no dealing-desks
Know well what you are paying (spreads, swaps, etc.)
Trade small, and avoid capital leverage more than 5:1
Focus on 2-3 Forex pairs, and learn all their secrets
Accept only trades offering reward/risk more than 3:1
Follow the trend, it's your most likely friend
Trade the range between major support/resistance
Run your profits and cut your losses short
Use a trailing stop and a mental stop-loss

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