Knowing how to read and calculate currency exchange rates is essential to any international business. Whether you’re paying international employees, suppliers, or clients, the rates you see are the sliver of economic health you need to know. However, currency exchange rates can be tricky for beginners, and there are many ways to calculate and read them. This article will guide…
If you’re new to the forex market, it’s natural to be curious about The Best Forex Trading Hours. Many experts claim that the optimal times for forex trading are when the spread between the bid and ask prices is the smallest. These factors all help you make more money, but they also affect your potential profits. The following are some…
One of the most popular forms of currency trading is short selling. This involves selling one currency pair for a lower price than the other. For example, if you are short selling the EUR/USD currency pair, you will sell your Euros and buy dollars for a lower price. The best part about short-selling is that there is no borrowing required.…
So, what is a Forex Currency Trader? First, let us define the term. Foreign exchange market is a worldwide, decentralized and over-the-counter market. It is the source for foreign exchange rates of various currencies. Trading in this market involves buying and selling currencies at current prices. For those who aren’t familiar with the foreign exchange market, this is a global…
The Forex market is a five trillion dollar per day business, and the majority of traders lose money. Most do not understand the risks and do not know how to manage them. However, those who succeed are likely to earn at least $100 a day. Even if you start with a small investment, you can quickly grow your account and…
There are many fun facts about forex trading, but it’s important to remember that it’s a serious business and requires concentration. For that reason, we’ve compiled a list of interesting facts about the forex market. We hope that these facts will make the process more interesting for you and encourage you to get involved. We hope you enjoy learning about…
There are many Forex Brokers that offer social copy trading services, but which ones are the best? This is a difficult question to answer. While some brokers have this feature, some don’t. In other words, you’ll have to be selective when choosing a broker. You’ll want to find one that offers the most benefits and is easy to use. You’ll…
The last several years have seen a tremendous rise in tech stocks. They now make up almost 25% of the S&P 500 index. Tesla, Alphabet, Facebook, Nvidia, and Apple are all within the tech sector. In fact, the information technology sector makes up more than 29% of the S&P 500. The following four stocks have impressive returns: Qualcomm, Facebook, and…
Hedging in the forex market is the process of limiting or eliminating the impact of unanticipated changes in the foreign exchange market. All financial markets may benefit from hedging methods, but forex is the most popular because of the many variables that might affect the price of a currency. Over 330 currency pairings are available for trade on our online…
When it comes to day trading, concentrate on the fundamentals of a simple method first. It’s a common misconception that successful intraday trading requires a complex strategy, but this is not always the case. The Essentials Include these essential components in your plan. Determine how much money you’re willing to put at risk before you start playing. Never trade with…