What is the Best Time of Day to Trade Forex Markets in Exness
The Forex market is a specific financial market that trades over-the-counter. This means that there is no centralised exchange involved in the settlement of Forex transactions, like in the case of the stock market, and Forex market participants trade more or less directly with each other. There are certain benefits with over-the-counter markets such as Forex, including the ability to trade around the clock as the market doesn’t depend on the open market hours of a centralised exchange.
What is Money Management in Forex? 10 Forex Money Management Tips in Exness for Beginner Traders
Money management plays an extremely important role in Forex trading. Without proper risk and money management techniques, trading would not differ too much from gambling in a casino. Even the most profitable trading strategy won’t produce positive trading results if the trader doesn’t respect at least the most crucial concepts in money management. To help you out in your trading journey and to show how important Forex capital management in trading can be, we compiled a list of the top 10 Forex money management tips that every trader should know.