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Monday, January 14, 2008 |
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Good thing there really isn't any news to trade....
Forex Trading
january 2008
trade the news
Today I have heard two separate news items on the BBC (I am from UK) one claiming that the US dollar is oversold (largely because prospects in UK seem even worse than in USA), the other claiming that it is overvalued. I guess you need to use other indicators to know how to trade. Talk about contradictory statements... I'm not a big fundamental follower and this is one of the reasons why. You cannot lose more than your margin?(your initial investment)! You may profit unlimited amounts, but you never lose more than what you initially risked. However, we strongly recommend that you risk only what you can afford and is not vital for your well-being. http://yvvl.com/easyforex i am not a fan on news. okay i am always up to date but i try to stay realistic and donīt follow the news. different news, different sources, different reactions Sometimes I'm surprised how much I DON'T follow the news.. I'll hear about the big news but it's just not one of my priorities right now. We'll see if that has to change. I'll trade. I will give you bad news; you can give me good. |
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Last Updated ( Monday, January 14, 2008 )
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