The currency market, unlike the stockmarket, is open 24 hours a day in the business week. This again is because of its international nature. It is always business hours somewhere in the world, except on weekends and vacations. This means that currency exchange traders can operate at just about any time or night, according to what suits their schedule and their trading technique. Some traders work business hours in their own time sector, others log on in the evenings or early mornings before heading off for a real job.
Speculative trading is dangerous, if it is undertaken in stocks or currency. If you’re searching for a safe investment then forex trading is not for you. Risk is the trade off for the chance of making large profits from the high leverage that is available thru currency exchange brokers. Controlling a position size that’s 100 times your committed funds is common ; two hundred times is not peculiar and 400 times is possible with some brokers. This implies that a small change in the cost of a selected currency pair can have a big impact.
