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Forex question What is the definition of rich and poor trader?
avatar Reyniel
Question by: Reyniel - 18 Feb 2014, 03:31:39
What is the definition of rich and poor trader?
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Answers (1)
avatar user 2077
Answer by: BoyceAve - 18 Feb 2014, 03:48:32

There is nothing like rich and poor traders in Forex market. But there is a classification which has retail traders and institutional traders and bank traders category. Retail traders might trader as far as 50 standard lots but the bank traders normally are the market movers who trades about 500 standard lots at a time and this has a good impact on the market.

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