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Just don’t get the first software or system that you find for forex automation because if you do then you may end up with the wrong one. You have to give yourself time to learn as much as you can about forex trading automation before you get anything.
When compared, it becomes clear that the currency futures market is just 1% as large and trading currencies isn’t centered on exchange like the futures and stock markets. Trading moves in a full circle from major banking centers in the US through New Zealand and Australia, the Far East, Europe and back to the United States. Continue reading
There are 5 major groups of investors who participate in Forex: governments, banks, corporations, investment funds, and traders. Each group has its own objectives, but 1 thing all groups except traders have in common is external control. Every organization has rules and guidelines for trading currencies and can be held accountable for their trading decisions. Individual traders, on the other hand, are accountable only to themselves. Continue reading