This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007.
The author is Dar Wong. He has 18 year of trading experience in global futures and Forex markets. His past employment as a floor trader involved Bank of America, Bankers Trust, Barclays ZW and S.B. Shearson Citigroup. Now, he is serving as a hedge advisor, coach and also trading on his personal account, besides writing as a Forex columnist for newspapers.
- Dar Wong discusses trading Forex as a business opportunity. First, he discusses the terms and nuances of trading Forex currency pairs and then shares the personal tools that need to be developed to become a successful currency trader
Since the turn of the new millennium, ‘Globalization’ has come to affect most commercial enterprises. Businesses face stiffer competition from faster communications, but reach a wider consumer base for this same reason! As a result, only those who are productive, fast and efficient will survive in their trades.
The new modern economy has reached a turning point. Today, many businesses can be operated profitably from home. Many businesses can also be highly profitable with low capitalization and scarce labor! In other words, one does not need to toil and sweat for long hours to achieve the linear results by investing the same amount of effort.
____________
Other related articles:
- FX Markets get even more Attractive By Darrell Jobman
- How to Trade Forex using Fibonacci Price Relationships by Carolyn Boroden
- 3 Peaks and a Domed House by Larry Pesavento
- Three Steps To Short-Term Trading Success by Toni Turner
- Price and Time by Andy Bushak
- Using Non-Time Based Charts for Short-Term Forex Trading by Dr. John Clayburg
- Trading for Revenge: Control It or It Will Control You by Dr. Doug Hirschhorn
- How to Swim the Forex Ocean… and not get Eaten by Sharks by Kevin Davey
- Critical Forex Trader Decisions by Daniel Gramza
- Stop Hunting with the Big Players by Boris Schlossberg
- Ranking Forex Markets by Ron Schelling
- What You Don’t Know Can Hurt You by Ed Ponsi
- The Foreign Exchange Market by Peter Pontikis
