There are four groups in the forex market. There are the novice traders – the greenies, the ones who try to outrun the bear and lose every time.In addition to the novice traders, there are three other levels of participation in the forex market: the dealers, the institutional traders, and the advanced traders.The dealers are the most powerful and they make the market, setting prices and putting together deals.The institutional traders work in banks, wire firms, or government agencies.They trade huge amounts of money at a time, and the size of their trades gives them enormous power.
No comments:
Post a Comment