Late nights optional: The 24-hour, highly liquid foreign currency market can diversify risk. However, forex traders need to know how to prevent losses and protect gains while they sleep

摘要

If you've only ever traded shares as a CFD trader, you will find there are advantages - as well as challenges - in trading foreign currencies, also called foreign exchange or forex. And there are traps that new players need to avoid. One of the biggest benefits of forex trading is diversification; it's unlikely that a currency will consistently move in the same direction as a share. There are days when most shares move in the same direction, but shares and currencies are, for the most part, not well correlated.