Why Traders Go Broke Trading Foreign Currency

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Revision as of 01:29, 10 December 2017

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It does not take into account aspects that can not be measured empirically. These consist of politics, location, and traders' character, amongst others. Unknown to many these can absolutely impact the trends in the market or the motion of the currencies. For example, a political stress in Thailand would make baht much less expensive in the hopes its value in the market doesn't go further down. Singaporean dollars become more saleable during Tokyo market hours because majority of the traders are awake at that time.

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