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How Long Does It Take To Become A Successful Currency Trader?" We get asked this quite often, and, we'll be honest with you, it's impossible to answer. It really depends on your focus, your commitment, and your discipline. Read more. Forex Taxes Do you have to pay?Green, CPA Currency traders face complexities and nuances come tax time. Currency futures are treated like other types of futures; your accounting is a snap and you enjoy lower 60/40 blended tax rates. However, cash forex can be an accounting nightmare and you face higher ordinary tax rates, unless you "elect out" of IRC 988 for 60/40 treatment. Read more. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. Read more. Read more. Since the forex market is a 24 hour market and extremely liquid, these gaps are rarely seen.

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They monitor the Forex market and send the signals in real time to a trader.

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He comes from a long administrative and executive background.

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Why Keep This?If you have a forex trading journal, you won't have to rely on your memory to remember every mistake you have made in the past as well as every profitable trade you've been able to accomplish.

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If you can do this, you have achieved a good result, that will help you succeed in the future.