Hello everybody. Every transaction in Forex has a counter party. So it is possible to profit in Forex when there is a losing side of your transaction. The losing side can be a speculative player or a non-speculative player. A non-speculative player cares less about the price, he generally needs to exchange one currency into another (like the tourists who visit foreign countries, etc). So the bigger the volume of non-speculative money in forex the easier to profit for speculants, as non-speculative players care less about the price and they easier accept worse price. In this case does anyone know what % of money involved in forex is speculative? thanks.
- | Joined Jul 2007 | Status: Member | 159 Posts
know thy edge and abide by it ! 4 in it shall thou be successful !
- | Joined Jul 2007 | Status: Member | 159 Posts
know thy edge and abide by it ! 4 in it shall thou be successful !