7.1 The Foreign Exchange Market
It is decentralized in a sense that no one single authority, such as an international agency or government, controls it. The major players in the market are governments (usually through their central banks) and commercial banks.
Tuesday, Wednesday, and Thursday are the best rates to trade Forex because they are the days that see the most action. You want to make your Forex trades at the busiest times. This is going to mean the best return on your investment as well as the most profitable trades.
The forex market runs on the normal business hours of four different parts of the world and their respective time zones. The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities.
This is one of the most crucial aspects of forex trading. Many traders fail to heed this important advice: never invest more than 2% of your available capital on any individual trade. Doing so puts you at significant risk of loss
