Money in forex trading refers to the currency being traded. Forex, short for foreign exchange, is the largest financial market in the world and operates 24 hours a day, 5 days a week. In forex trading, one currency is exchanged for another with the...
The Depth of Market (DOM) feature in MetaTrader 5 (MT5) holds significant importance for traders engaged in the financial markets, particularly in the realm of forex and futures trading. Also known as the Order Book, the DOM provides real-time...
The pre-market trading session and regular trading session are two distinct periods during the trading day. The pre-market trading session occurs before the official opening of the regular trading session, while the regular trading session takes...
Perfection is an unrealistic goal in trading. The market is constantly changing and unpredictable, making it impossible to achieve flawless trades. Instead, focus on continuous improvement and risk management. Embrace failure as a learning...
Most forex trading strategies are classified according to timing and market-specific elements. Market movements can occur in minutes or over a period of several days, so trading strategies can be used to profit from them. Moreover, you may wish to...
Volatility is an important factor in matters ranging from predicting weather conditions to estimating future market behavior on tradable financial instruments. In the realm of trading and foreign exchange, or simply forex, volatility plays a...
A financial market is defined as a medium for the exchange of assets that allows buyers and sellers to interact and facilitate exchanges. However, the term can be used in a variety of contexts, including physical locations, virtual exchanges, and...
As the name suggests, the broker offers this type of spread and it remains stable for a certain period, usually in the long run. It definitely would not change your trading day. Fixed spreads are usually presented in the major and most popular...
Our estimate of the costs that a fund incurs when it buys or sells assets is reflected in the buy-and-sell spreads, which adjust the unit price of a fund.
A Forex period converter is a valuable tool in the realm of foreign exchange (forex) trading, designed to assist traders in managing and analyzing time frames efficiently. This tool allows users to convert and compare different time periods in the...