Advantage for Small Forex Traders Advice on EPS

Advantage of Forex Retail Traders

Forex retail traders tend to have a slight advantage over the larger hedge funds and big investors when it comes to reacting to the effect of news releases upon exchange rates. This is because they can trade faster than their larger counterparts, and take advantage of the difference between current exchange rates and what they settle to once the news filters through the market. The market can adjust within minutes, which is why the retail Forex trader must have stops and targets in place before beginning a trade. Forex traders hoping to profit from news releases are looking at transactions lasting a few hours to even 20 or 30 minutes in duration.