Articles

Online Trading Business

by Sunmax Traders Online Forex Trading / Financial Services

Let's talk today about Online trading.

 

Currency trading can bring very nice gains with proper education.

 

Markets move in a particular manner and one can take advantage of the movement

 

patterns. For example, GBP/USD SELL was opened at 1.5680, now with a

 

STOP of (25 Pips) at 1.5705, Target was set at 1.5580 (100-Pips). See how nice the

 

Risk/Reward ratio is 1:4. Means risk of US$250/= made US$1,000/=.

Now if you do not have time to do the research yourself, professional help is always

 

available. For a fee you can get profitable trading signals OR even use Managed

 

Account facility to let a professional manage your account.

 

Some tools like Fibonnacci Retracement, Trend Lines & Stochastics are widely

 

used in trading. Also please consider the fact that Non Farm Payroll (A Data

 

Number released on the first friday of the month) moves the markets very fast.

 

Lots of price movement in a very short time can be seen just after the release of this

 

data.



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About Sunmax Traders Senior     Online Forex Trading / Financial Services

258 connections, 8 recommendations, 791 honor points.
Joined APSense since, October 4th, 2010, From Karachi, Pakistan.

Created on Dec 31st 1969 18:00. Viewed 0 times.

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