Maybe you often hear that one of the ways to get money on the internet is through forex trading. However, what does forex trading mean? Forex stands for foreign exchange which means currency exchange. If you want to become a forex trader, what you are doing is buying and selling foreign currency on the forex market, for example buying euros and selling US dollars. You can learn more about Volatility 75 on http://www.volatility75.net/.
After knowing the character of such forex price volatility, how can we deal with it? Volatility is often viewed negatively because it expresses uncertainty and risk. However, as traders, we need to understand that if the results of large profits usually have a high risk.
High volatility usually makes forex trading even more attractive, because the large possible profit is a major consideration for day traders; different from the view of stock investors who prioritize “buy and hold”.
However, this does not mean we have to trade in times of high volatility.
The decision on how to deal with price volatility depends on everyone’s investment profile. Every investor has a different investment profile, including conservative, moderate, and aggressive. If you are a conservative trader, then it is better to avoid high volatility. But if you prefer to be aggressive, then aiming for profits in busy markets is a lucrative opportunity. So, consider various learning materials for forex trading diligently, understand psychology, and your own trading style.
Both high and low volatility currencies can be profitable, provided they use different strategies. Prices with high volatility are suitable for short-term traders and traders who tend to be aggressive. For trading with high volatility, traders should be well trained and stable in trading psychology. Forex traders must be disciplined and have careful planning before making transactions, and understand well how to organize good money management.