If you are an expatriate living overseas in a foreign country, there are often limited opportunities to work away from home. Obviously this depends on where in the world you are located. Often in foreign countries unemployment can be high making it hard to find work. Added to this there will be a language barrier to overcome unless one can speak the local language well. All considered this can amount to a considerable challenge. Depending on your own individual circumstances the need to derive an income can be of utmost importance. How does...
One of the ways to protect your account when trading forex is to use the hedging trading technic. A transaction implemented by a forex trader to protect an existing or anticipated position from an unwanted move in exchange rates is called a forex hedge. Think of a hedge as getting insurance on your trade. Hedging is a way to reduce the amount of loss you would incur if something unexpected happened. There are many techniques used to hedge a position, but the logic behind is simple. When you are in a long position in a specific currency pair...
The concept of buying and selling capital can be initially confusing because you're not buying any asset in exchange for money like you do in the stock market for example. Instead you are simultaneously buying one currency and selling another that is doing an exchange. In the stock market traders buy and sell shares; in the futures market traders buy and sell contracts; in the forex market traders buy and sell "lots". When you buy a currency lot you are speculating on the value of one currency compared to another. New traders...
Forex has recently attracted more interest as economic uncertainty has enveloped the globe. Historically, trading currencies was reserved to multi-national corporations and well-financed investors, but this market has been opened up to the average investor. Forex market is where currencies are traded. For multinational companies, this market provides a means of doing business in other countries, facilitating the payment of bills in the local currency. For traders, this market provides opportunities to take advantage of movements in...
“Children are very precious. Parents are also very caring. Do you know these?” Most parents want the best for their children, and they strive to achieve their aims, even in the face of stubborn obstacles and difficulties. A serious religious parent teaches her/his children about their faith when they’re still very young. In fact, a famous proverb says: “Train a child in the way he should go, and when he is old he will not turn from it.” When an average child is asked, what do you want to be in life? The...
