Michael Greenberg analyzes the high trader profitability rate that Oanda reported and explains that the difference is made by the fact that Oanda pays interest rate to traders. This may explain that passive accounts are profitable, raising the profitability rate to positive, far off other brokers’ numbers. See it here.
Category: Forex Bits
What Is Your Preferred Leverage?
What leverage do you use for forex trading? Play safe or use the maximum leverage? Here’s a poll for you. Leverage is common in forex trading. Traders can leverage tiny pips into huge profits – or huge losses. Following a post in the forex blog, I was wondering how traders split: lean for safe play or for … “What Is Your Preferred Leverage?”
Continuous Trading in the Forex market
The Forex market operates 24 hours a day. This is possible since trading happens on all continents. This continuity is unique, and it allows dealers to act without any time limits, to react to any development that occurs in another place on the globe. For some traders who are not experienced, this might be very … “Continuous Trading in the Forex market”