Working on the foreign exchange market is not only a unique chance to multiply your possessions but also a tough and sometimes very time-consuming activity. It requires good training, both theoretical and practical. The necessary knowledge is provided by textbooks, video lessons, online courses. As for the experience, it comes only after long hours of placing orders. In order not to suffer actual losses, beginner traders use a special Forex simulator, called a demo account. In terms of functionality and capabilities, it is almost no...
When someone decides to start trading on the financial market, he or she has to decide where to trade, i.e. which market to choose. Most people trade choose Forex trading or stock trading. These markets are just different and one cannot answer right away what is easier to trade Forex or stocks or which one is better. That is why today we will compare these two markets and will try to find out which one is more reliable and more successful.
Yesterday, UK PM Boris Johnson was faced with his first parliamentary defeat since the December election that granted him an overwhelming majority. The House of Lords, which is the unelected upper house of Parliament, is where he suffered not one but three defeats in one day. More is expected today as the Brexit bill is being amended. Given the 80+ majority Johnson’s Tories command in the lower house, the House of Lords is the only way for pro-EU members to attempt to force minor concessions.
The economic factors surrounding Forex are numerous and complex, so it is extremely difficult to form a complete understanding of them. But, armed with useful knowledge, you will be able to navigate in the background of currency quotes fluctuations. The main factors affecting the currency rate in Forex are capital flows, inflation, interest rates, political stability, and the most important one here is economic indicators.
The basis for many profitable trading approaches is the diversification of the investment portfolio and options serves this purpose perfectly. This is not surprising, since options trading gives the opportunity to use high trading leverage, hedge the risks of their other trades and the risk strategies. Today some traders show interest in that but have no idea where to start. The others believe that it is risky for beginners as well as for trading veterans. The risk is posed by particular trading approaches, which are employed by the ones...