From institutional investors hedging portfolio risk to independent retail speculation, the foreign exchange (FX) market caters to a diverse community.
Dependent on financial circumstances, time constraints and trading experience, starting capital varies for retail traders.
Over the years technology has revolutionised our world, producing invaluable tools and putting useful information at our fingertips. Thanks to these technological advances, becoming a professional retail trader is a possibility for all. Becoming a consistently professional retail trader, however, is another thing entirely. Trading is a demanding career choice and requires a specific skillset, … Continue reading Become a Professional Retail Trader in 2019
Updated March 2020 Imagine you’re a newly appointed trainee chef. Eager, excited and daydreaming of becoming a world-renowned culinary chef, the head chef unexpectedly throws a curve ball. He asks you to begin preparations to cook at one of their finest restaurants that evening. This would surprise and shock most trainees. A trainee chef needs … Continue reading Making Use of Your Demo Account
A question often asked is why results achieved on a demo account tend to differ from live trading? Among other things, the effects of trading psychology act as a key driver. Live market conditions draw in psychological elements typically not encountered in a simulated environment. In a nutshell, live trading involves depositing actual funds into … Continue reading Demo Trading vs. Live Trading
