Slow Market Isn’t Dead Market on the Internet
Monday, January 18th, 2010The net currency trading gives many advantages that involve not only convenience. One of great advantages is the facility to use small market movements. Most traders do not even glance at the market when it’s slow, they wait for big trends. But there a large amount of profit to be earned of those small movements. For example Forex NightFox system is aimed at only up to 5 pips when the market seems to be still. The great advantage of such method is that the risk is much lower as well. When it’s slow, it is too simple to chop the losses early if things go screwy.