Daily Forex Trading Hours
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For example, suppose you’re a day trader with a trading strategy where you risk, on average, 15 pips to win 30. After doing about 200 trades, it turns out that 50% of your trades reached their profit target of 30 pips; the other 50% of the trades went sour and triggered your stop loss.
There are no real competitors when you trade on the forex other than yourself – global investment banks and hedge funds that move the price don’t know you exit (unless you are one of them) and possibly will never know….they don’t care where you place your stop losses and profit targets.
The best forex trading platforms give investors a free demo account with which to learn trading in a virtual scenario, as well as the ability to open a real trading account from which they can access critical market information in a variety of financial investment arenas around the world, conduct trades and manage their accounts simply and easily with the click of a button.
Furthermore, the new partnership with Knightsbridge will augment TraderMade’s market penetration into the retail and institutional space, allowing Knightsbridge Trading Academy to provide its customers access to TraderMade’s proprietary research and analytics.
TradersDNA is a new digital source for retail and institutional Forex traders, industry leaders and capital market players offering useful resources, research, the latest breaking information, news, Forex PR, and receive an in-depth analysis of latest events.