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Where Can New Traders Profit In Forex? 0 comments
Where can new traders profit in forex? The most successful pair for retail traders has been the AUD/NZD, this tends to be a range bound pair, carry trade options, middle market low volatility with rather high spreads, but the benefits are worth it for new traders.
I like these (MINOR) pairs aka outside the USD for new traders. They can have lower volatility, good swap gains, swing trading opportunities but often have higher spreads.
If you're first starting out in fx, consider getting into minor currency pairs particularly AUD/NZD.
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