To understand Bitcoin, you must first grasp the meaning of blockchain technology Legal currencies such as the US Dollar and the Japanese Yen are valued by factors such as national strength, economic power, and geopolitics. Virtual currencies such as Bitcoin are the same as legal currencies in the sense that they have value and the […]
The importance of accumulating profits with little investment In order to continue to win in the Forex market, it is important to not only win often, but to know and understand how to take a loss as well. To put it simply, beginning traders often think they can overcome continuous loss with one big win, […]
There is no perfect trading method, no matter the market value Any Forex textbook will begin by teaching traders about fundamental analysis. Fundamental analysis is an analysis method aimed at long term trades, and thus does not really stand up well in margin trades. This is because fundamental analysis does not tell traders when they […]
The pros and cons of fundamental analysis Fundamental analysis is an idea that prices are constituted by two currency pairs, based on fundamental conditions such as the economy, national strength (economic power, growth potential), policy interest rates, and geography. To put it simply, fundamental analysis is a thinking process where, in the case of two currency pairs, […]
We use swap points to make a profit Swap point profits from Forex trades come from the difference of interest rates between the buying price and selling price of two country’s currencies. Each swap point is either charged to or paid to the trader at the end of each trading day. There are trading styles […]
There are many different kinds of spreads. In foreign exchange market terms, a “spread” is the difference between the buying price and the selling price of a currency unit, and is the main source of income for Forex companies (Forex brokers) without handling fees. These Forex brokers’ spreads are much cheaper than the spreads one […]
The difference between DD and NDD Forex companies (brokers) trade with traders using one of two trading methods. The first is DD, also known as “dealing desk” or OTC (over the counter). Dealing desk brokers, as they are called, do not make orders directly between the trader and the liquidity providers, but rather finish a […]
Forex is a worldwide investment market Forex, or foreign exchange, is a market where all variations of foreign currencies can be traded. Forex is currently the world’s biggest market, with daily trades up to 5 trillion yen (JPY). Compared to the stock market, the Forex market is by far the bigger, and more exciting, market. […]
It is possible to aim for high returns using leverage on the Forex market The word “leverage” can find its origins in the word “lever,” a tool made for lifting or moving a large object with little power put forth from the operator. In economic terms, “leverage” means increasing profit margins on capital by using […]