Why you should trade currencies published by The Investors Chronicle -
By Scherzando Karasu FOREX trading has a reputation for high-risk, exclusivity and was historically seen as the playground of banks, corporations, hedge funds and other citadels of capitalism, picture foreign-exchange traders and you probably imagine over-paid, over-excited young men in some giant dealing room, all shouting into multiple phones.These days though, you don't have to be a city-slicker to make great profits from the currency markets. With little more than an internet connection and small trading account, pretty much anyone can be a FOREX trader. What is striking is its colossal and rapidly growing scale of the market. With over $2 trillion a day changing hands it is vastly bigger than stock, bond or commodities markets. With the rapid emergence of online trading platforms and sophisticated technology such as free charting software and real time news-feeds the market has been democratised to a new tier of retail traders who can buy and sell currencies with the clic...