Many people resort to the currency market because it offers the potential for significant profits through buying and selling different currencies. The currency market, also known as the forex market, is the largest financial market in the world, with...
Weekend trading gives you access to indices and cryptocurrencies markets on Saturday and Sunday. In other words, if you think Brexit news will surface on a Saturday, causing the FTSE 100 to move, you do not have to wait until Monday to trade. During...
1. Those that are financially weak are backed by countries that are financially stronger.
To gain experience in forex trading, there are several steps you can take:
Paying taxes on forex trading income depends on the tax laws in your country and the type of trading activity. Generally, forex income is classified as ordinary income or capital gains, depending on how you trade.
Momentum players, in the context of trading, are individuals or institutions who engage in a trading strategy based on the concept of momentum. Momentum trading is a strategy where traders aim to capitalize on the continuation of price trends in...
Auto trading, also known as algorithmic or automated trading, involves using computer programs to execute trades in financial markets automatically. These programs, often called trading bots or Expert Advisors (EAs), follow a predefined set of rules...
Trend is an important factor that traders consider when making investment decisions. A trend is a general direction in which the market or a particular asset is moving. Understanding and identifying the trend can help traders make more informed...
A trader can end up with a negative balance in MT4 primarily due to high market volatility, insufficient risk management, and the use of leverage. Here’s how: