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Dr. Sean began his career as a medical physician until a chance conversation with the nephew of a fellow physician led to his discovery of the kind of profits that can be made trading in the stock market.
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Test your day trading skills on Forex Sean Seshadri
Test your day trading skills on Forex • The forex market represents a huge potential opportunity for traders worldwide as over 3 trillion dollars is traded daily. • It does not have any centralized exchange and the participants are banks, large institutions, and many retail traders.
Test your day trading skills on Forex The great thing about this market is one can practice on this market with very little risk as one can put as little as 1 dollar of risk into a trade. It is based on portfolio size of course. A 100k purchase which is equivalent to 10 lots translates to 10 dollars/pip.
Test your day trading skills on Forex • Therefore if one purchases 10k then it is a dollar per pip( point movement). • Most brokers give you a hundred to 1 leverage so a very small amount is needed to trade this instrument. • It has multiple short term opportunities and long term depending on ones time frame.
Test your day trading skills on Forex • A trader should trade liquid currencies such as the EUR/GPB/YEN and get good at the psychology behind those price movements. • With the looming problems in Europe, the EUR is depreciating against the dollar, and the Indian rupee has seen its lowest levels against the dollar in years.
Test your day trading skills on Forex Sean Seshadri For more details please visit us on www.luxinvestmentsintl.com