This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007.
The author is Ron Schelling, an independent trader in The Netherlands with over 20 years experience in Forex, futures and arbitrage trading.
- Ron Schelling shows how to reduce risk in currency trading by ranking the markets according to an objective ratio analysis:
We all know that the Forex market is a huge market with many traders and players around the world trading privately or professionally.
Over the last few years, we have seen a big development in direct dealing via the Internet with all kind of trading strategies using the latest technology and software.
One thing that has not changed is how to make the best trade.