Trade2profit.co.uk is designed to aid traders in becoming more profitable. The site provides live charts of all major currencys, commodities and stock indices. Here you will find trading wisdom, links to useful sites and the latest market news.
You can earn huge amounts of money by trading in the forex markets, but it is also true that only a few highly skilled individuals actually do so. Of course the FX market is the most liquid market in the world. With US$1.6 trillion of average daily turnover, the currency market dwarfs the stock and bond markets in size. Furthermore, the FX market trades 24 hours a day five days a week, eliminating much of the gap risk found in exchange-based markets.
It's not unusual to see FX trend traders double their money in a short period if they catch a strong move. Suppose a trader starts with a US$5000 account, and uses a strict stop-loss rule of 20 pips. The trader may get stopped out five or six times, but if he or she is properly positioned for a large move, that one trade could double the account in a matter of months due in part to the leveraged nature of the forex market.
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