Forex is The Most Liquid Market On The Planet

According to the Central Bank Survey of the forex market conducted by the Bank for International Settlements, as at 2004, daily trading volume reached an all-time record high of $1.9 trillion, up 58% from 2001. Do you know that this humongous daily trading volume is about 20 times that of the New York Stock Exchange and the Nasdaq combined?
With about 80 percent of foreign exchange transactions having a dollar leg, you don't have to worry about liquidity issues when trading any of the these big-economy currencies, which are namely, USD, GBP, Euro, CHF, JPY, CAD, AUD and NZD. However with stocks, futures, options or commodities, you tend to be restricted by their illiquidity especially during after-hours.

List Of Best Forex Trading Brokers

Forex trading is one of the growing businesses in and around the world. And we wanted to provide you with the good refined list of the forex brokers along with their abilities to bring in more benefits that includes profiting the investors like you. The following are the brokers explaining their best and attractive features. MB Trading MB Trading is a broker that services in the ECN area providing its customers with low spreads. They also offer much lower spreads that the micro lot kind of trading. Overall experience of the MB Trading broker is simply fantastic that makes it as one of the best brokers in the world. FXDD The FXDD brokers have most of the trading platforms which had been in use by almost all of the brokers. They also recently upgraded MT4 . Their better features are that they have a better server that can execute your orders without any delays with respect to the time. This is mostly used by the learners as it could make them understand wh

Top 100 Online Forex Brokers by Popularity

The Popularity Rankings below are determined by the broker's website popularity, both in terms of website traffic and links to the website from other places on the Internet, and the number of individual trader ratings. We are not trying to determine the largest broker as in total trading volume but rather the broker that has the most interest to the greatest number of individual retail traders. In other words, someone with a $50 account counts just as much as someone with $1,000,000 account. In the future we hope to incorporate the actual number of individual retail accounts into the calculation when that information is available. We will also track whether a forex broker is moving up or down in the rankings and how much. Popularity Rankings are presented for informational purposes only. Best Online Forex Brokers does not recommend online forex brokers based solely upon popularity. Broker Name (Alternate Name) Web Site 1. eToro

What's more important: Trading Method or Trading Psychology?

Ancient argument: What's determines success in trading: A successful methodology Psychology and discipline? Answer: BOTH! But this is not a "chicken or egg" dilemma. Clearly in this case method comes before mind. I don't care how much self-discipline you have. If you don't have a viable trading methodology, then you will lose money. So method is more important. Well, maybe "more important" isn't the right phrase to use. But it definitely comes first. The reason I say it may not be more important is because there are many valid trading methodologies available. Yet ironically, traders keep jumping from one method to another ... one indicator after another one book after another one mentor after another one seminar after another This is the infamous "search for the Holy Grail." Sorry ... doesn't exist. Like most things in life, people keep looking for the answer outside of themselves, w

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