Forex trading, also known as foreign exchange trading, involves buying and selling currencies in the global marketplace. It has become increasingly popular among investors and traders for several reasons.
Commercial banks, investment funds, hedge funds, non-bank market makers, and retail traders all use algo trading in financial markets. According to a Coalition Greenwich study, 40% of institutional FX traders used algo trading in 2020 and expect it...
A good forex broker plays a crucial role in the success of a trader in the foreign exchange market. Here are some essential qualities that a good forex broker should possess:
Quantitative easing works by purchasing large quantities of assets. For example, in response to the coronavirus pandemic, the Fed has begun purchasing longer-maturity Treasuries and commercial bonds. Here's how the simple act of purchasing assets on...
Self-confidence means being able to achieve. This self-confidence brings our successes in the way of life. Without self-confidence, you will not be able to achieve the minimum success in any work in the world. Forex is a market where you can not...
In financial markets, the bid price and the ask price are two essential components that determine the price at which a security, such as a stock or a commodity, can be bought or sold. The bid price represents the maximum price a buyer is willing to...
In an institutional setting, paper trading is more common. Demo Trading is what we call it in the CFD industry. The term "paper trading" derives from the stock market, where investors who wanted to practice would write down their investment ideas on...
Luck and skills both play a significant role in forex trading, but they have different implications and outcomes. Forex trading involves the speculative nature of financial markets, where luck can occasionally favor traders, resulting in profitable...
A trader involved in an FX carry trade aims to make a profit off of the difference in the interest rates of the currencies of two countries, as long as the exchange rates do not fluctuate significantly. The funding currency is the currency that is...
Anxiety can have a significant impact on decision-making in forex trading. When a trader is anxious, they may become overly cautious or impulsive, which can result in poor trading decisions. Anxiety can also impair a trader's ability to think...