A long position's inverse is a short position. It is possible to achieve this by selling a specific currency when its value is expected to fall. When the currency reaches the lower price, it will be purchased again. The short position is said to be...
A mini lot is equal to 10,000 units of a nation's reserve currency. Since it is one-tenth the size of a conventional lot of 100,000 units, it is called a mini lot. A mini lot, for instance, would be a trade worth 10,000 USD using US currency. A mini...
A forward contract is a secret agreement made in the OTC markets by two parties to buy a currency at a specified future price. A futures contract is a structured agreement between two parties for the payment of money at a predetermined price at a...
Forex spot trading has historically been the most popular because it includes the most "underlying" physical commodity for futures and options markets. Forward and futures markets have historically had more volume than spot markets. Nonetheless, as...
The US 30 index, which is based on the most popular US stock market index, includes thirty important firms. This category includes corporations like Apple, Coca-Cola, Goldman Sachs, Microsoft, and Visa. In the United States, there are three primary...
When trading currencies, traders go long the base currency and short the other. Changes in interest rates, trade imbalances, and economic expansion can all influence the preference for one currency over another.
Choose high leverage for modest capital trades; otherwise, your earnings would be negligible, especially when trading on cent accounts. Consideration should be given because this option entails a considerable increase in risk.
FXTM is the best FX broker the Philippines has to offer, which was founded in 2011 and has years of experience in the field. FXTM is also known as ForexTime. FXTM holds licenses and authorizations from foreign regulatory agencies, including the UK...
Trading indicators provide traders with evidence for their price movement projections and are essential tools for technical analysis. A trader could measure lot size and pip values in advance, but since time is such an important component of trading,...
Because trading is such a personal decision, there is no single optimum technique. Therefore, traders must choose the option that best suits their trading style and risk management. The majority of forex traders employ a combination of methods rather...