Metatrader Broker and how to Pick Traders I'm hitting you with the meat of the subject early on here. This is the most important part of the whole business. In my mind, the number one quality you want to see in a trader is an aversion to risk. There are many different forms of risk, and they are all forms of losing money. And nobody likes that. There's event risk, portfolio risk, overnight risk, sizing risk, market risk, psychological...more
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Trade Forex: High Volatility Essentials for a Day Trader A day trader is usually a businessperson or broker involved in the hourly purchase and selling of soft and hard commodities such as monitory denominations and stocks. These capitalize on the ever-changing daily financial market. They speculate on the rise of a certain commodity that they transact in by hiking its face value to a few monetary units beyond what they bought it. This ensures that these can be sold at a profit within the space of the market duration. That is why they need to take advantage of the high volatility of the commodities, which enables them to sell within a few minutes after availing the product. This strategy helps to stem any unseen changes such as fall in prices that may occur in the space of a few hours.One way in which a forex trader can make a great sale is to trade only in commodities that have high volatility. These normally have greater exchange potential and elicit high customer demand. They also showcase financial flexibility, a trader must use a trade software or a forex robot to help him trade forex, which means that they have no fixed value. Items like gold and silver often fall...more
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