Excerpt from: Forex Training
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| September 05, 2008 | | Currency trading for those with high risk tolerance | While currency trading is accessible to nearly anyone, it is important to recognize your risk tolerance. Your tolerance for risk (financial and emotional) must be a little higher in order for you to successfully engaged in FX trading.
This is why day traders may find forex trading appealing.
There is risk involved, and positions must be entered and exited quickly. For the most part, currency trading is a short-term proposition.
| Topic Tags: currency trading, day traders, forex trading, FX trading, positions, risk, risk tolerance | |
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