No one in this world wants to lose deliberately and not all of us are blessed with the ability of accurate foresight. The world of foreign exchange trading is no exception and losses do become an unavoidable part of this form of trading. However,...
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for currency trading, which was elusive to a few before the Internet spawned a new craze. With many opting for a secure...
If you think forex trading is not a safe option and the risks outweigh the benefits, it is time for you to think again. This is primarily because it is one of the safest and most rewarding of all financial tools, if you observe a high sense of care...
After a hard-fought "fiscal cliff" deal that narrowly averted devastating tax increases and spending cuts, President Barack Obama and congressional Republicans face even bigger budget battles in the next two months. The fiscal cliff deal was approved late on Tuesday by the Republican-led House of Representatives and signed by Obama on Wednesday.
If you are clueless as to why trading performance is not as expected, the problem may lie in the type of PC hardware you are using. It is worth noting here that old PC and internet technologies are recipes for failure and bring more losers than winners. Moreover, these technologies make it difficult for you to sit for 8-12 hours in the front of PC screen to identify the best trades and take necessary actions.
The world of foreign exchange offers innumerable profit making opportunities to ambitious traders. However, traders need to access this lucrative market through an intermediary known as a forex broker. These brokers provide advice on foreign exchange trading strategies for improving trading performance.
Even for the ambitious investors, trading in the foreign exchange market is not easy. It's not just because of the unpredictable aspects of the market, but also because forex traders come across dishonest brokers on a regular basis. The good thing is that the forex market is slowly becoming more regulated, which means that forex scams do not go unnoticed or unpunished nowadays.
When choosing a forex broker, it is important for you to stay away from unregulated brokers and brokers who indulge in premature buying or selling near preset points. To avoid such a situation, you need to get in touch with other traders or existing (or past) traders to find out if the broker selected by you is a good one. The best place to learn about the reputation of a broker is a discussion forum, as multiple members chime in and give...
If you are going to be involved in Foreign exchange trading you will have to understand the terms and quoting conventions that are used in the spot market. The spot market or in other terms the cash market is a public financial market, in which financial instruments are traded for immediate delivery.The forex market uses 3-letter codes for all currencies. These codes are well known as SWIFT or ISO codes, an example of a code would be the AUD,...
A forex trading platform is an important tool for anyone who wants to trade currencies online. The platform is provided by the forex broker selected by you for facilitating trading and can be accessed online or downloaded.
A demo trading account not only helps you get the taste of what is to come but also protects your financial credibility as only virtual money is involved in such an account. This also means that you can start trading with almost any broker without risking your money; it will also help you test a trading platform.
In the online forex market, you will find many forex traders who think they have been left "betrayed" by forex brokers or the market but they never dare to accept that it was their own mistakes that led to the downfall. Let us access the most common forex mistakes that are committed by beginner as well as experienced traders.
Not many forex traders can consider themselves successful and profit-makers despite of the fact that trading in foreign exchange is one of the most easiest and lucrative ways to earn big money. This is not because the market acts against them but because most traders enter the market without any know-how and are unable to earn profit on a consistent basis.
In the first part of this two-part series, we accessed qualified information on some of the world's most popular indices such as Dow Jones Industrial Average, S&P 500, and NASDAQ. In this second and last part, we will be accessing more information on some of the other prominent indices.
In the world of forex trading, volatility is what drives the market. However, forex traders can make market volatility work for them by observing tips on how to trade forex. Let us access these highly rewarding forex trading tips to make the most out of available opportunities.Tips for Trading Forex:
If you have just entered the world of foreign exchange trading or about to enter it soon and looking for information on Islamic forex accounts, this piece of information will help gain a clear and complete understanding about Islamic forex accounts.
Five-Year Plan Outlined By Sherbank To The largest bank of Russia has outlined a plan to investors under which the bank, Sberbank, is planning to enhance efficiency while sustaining profits over a period of five years, according to a... Read More >
Winning Streak Of Dow Ends On Friday, Wall Street stocks fell as a drop in JPMorgan Chase led to the end of the 10-day rally of Dow Jones industrial average while the United States dollar retreated from a high of seven months... Read More >
European Shares Dip On Italy Concerns On Monday, European shares edged away from 4 ½ -year highs as weak economic data from China and concerns about Italy undermined the optimism that was generated by the strong U.S. jobs numbers last... Read More >
Asian Shares On A Steady Pace On Monday, Asian shares and the euro were steady but trading remained subdued with some Asian markets, including Australia and Hong Kong, and Europe still closed for Easter holidays.
Asian shares on... Read More >
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