ECONOMICS
FOREIGN CURRENCY MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To succeed, you must be willing to work hard and master this professional skill!
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Recession Proof!
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3-6 hours a day is more than sufficient
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No Employees, Office or Inventory
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Once a week to trade
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Detailed explanation-1: -The different characteristics of the markets for stocks, futures, forex, and bonds define their respective trading sessions. The three main trading sessions by location include the Asian Session, the European Session, and the North American Session.
Detailed explanation-2: -You can trade forex 24 hours a day, five days a week. The foreign exchange markets are worldwide and therefore follow a 24-hour global timetable.
Detailed explanation-3: -13 characteristics of a successful trader. Tip 1. Stick to your plan. Tip 2. Anticipate different outcomes. Tip 3. Stay flexibile. Tip 5. Keep up to date with the technicals. Tip 6. Tip 7. Focus, focus, focus. Tip 8. Tip 9. Don’t forget your stop loss. Tip 10. Tip 11. Keep a track record of your trades. Tip 12.
Detailed explanation-4: -The Scalper. The Day Trader. The Swing Trader. The Position Trader.