Forex trading is just like any other form of investment. The returns are directly proportional to the amount of time you are willing to expend on understanding the fundamentals of online trading. There are people who make money daily merely from the comfort of their living rooms. Similarly, some people do not have any notion on how the market operates. The trillions within the forex market do not evaporate - it merely flows from one trading account to the other. You can't be 100 percent safe when trading forex. However, you can take...
The European Banking Supervision Service announced that 24 large banks have not passed the EU stress tests. In this list: nine Italian banks, three Greek and three Cypriot banks. There were tested 123 banks of the EU member states to identify their ability to withstand another financial crisis. Testing was conducted on the basis of data on the financial condition of banks by the end of 2013 and showed a cumulative deficit of capital in the amount of 25 billion dollars. The banks now have nine months to shore up its finances. Otherwise, they...
Forex is short for foreign exchange and it refers to the international currency trading market. This is an over-the-counter market which allows traders to participate in the ever-changing forex trading currency exchange rates. The forex market is basically open 24 hours per day, five days a week. There is no trading activity on the weekends. The aim in forex is to exchange one currency for another having ascertained that there will be a price change in your favor. In the forex market the exchange rates are always quoted in currency pairs...
The success of any business depends on the right preparation and organization. Preliminary steps make the work more comfortable, and therefore more effective Forex training itself. Before the very beginning of trading in the Forex market a future trader should make several preparatory steps and arrange his workspace. The first things to research are whether your computer has necessary technical parameters, choosing the time and place of your work, and clarifying questions related with deposit/withdraw issues. PC capacity. It’s quite...
When it comes to trading another aspect of utmost importance is purely psychological in its nature. Psychology refers to the way every trader perceives what is happening in the financial markets and how this perception can be influenced by emotions and one’s susceptibility to different biases. Emotions are your worst enemy on the market and learning how to diminish their impact on your decision making is a rather tough task that can be achieved through years of experience. Euphoria works hard to ensure that wherever we look we see...
