Know the market on which you trade!
At Trader’s Way, Prime Online Forex and CFD broker we encourage our clients to understand the market and review our resources on trading. It is essential that new traders understand the market and the asset on which the transaction is being made. For example, different markets can experience different levels of volatility and differing tendencies to unexpected fluctuations in price. Furthermore, the trader must always keep in mind the period for which a transaction is open. Short-term transactions can use a higher leverage ratio in comparison to a longer-term transaction. For more details, check out
Trader’s Way.