Thursday, November 20, 2008

Markets are the Same Today as they Were Hundreds o

No there not!

Trends now are much more volatile than they were even 50 years ago.

Why?

Today, with the Internet, price information and news reaches traders in a split second.

This increases volatility as everyone has the same information at once - and everyone tries to enter and exit the market at the same time.

This was not so even 20 years ago - the trends are still there, but volatility is much higher - traders get the direction of the trend right, but they find themselves stopped out by the volatility of the market and watch as the trade they were stopped out goes on to pile up huge profits.

How often has this happened to you?

It happens to all Forex traders.

Dealing with volatility, is one of the major challenges of any trader wanting to develop a successful Forex trading strategy.

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