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What are non-fungible tokens (NFTs), and how do they work? Community
Non-fungible tokens (NFTs) are unique digital assets verified using blockchain technology, typically Ethereum. Unlike cryptocurrencies such as Bitcoin, which are interchangeable, NFTs are...
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What is US Reserve Bank? Community
The US Reserve Bank, commonly known as the Federal Reserve (or the Fed), is the central banking system of the United States. Established in 1913, its primary purpose is to ensure financial stability,...
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Why do most traders never succeed? Community
Most traders fail due to a lack of discipline, emotional decision-making, and poor risk management. Many chase quick profits without a solid strategy or proper education. Overtrading, ignoring market...
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What is cost of carry? Community
The "cost of carry" refers to the expenses incurred from holding a financial asset over time. In forex, it typically relates to the interest rate differential between two currencies in a currency...
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How to use the 1:1000 leverage? Community
Using 1:1000 leverage in forex means for every $1 in your account, you control $1,000 in the market. This allows traders to open large positions with a small deposit. However, high leverage also...
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Who are Liquidity providers? Community
Liquidity providers play a crucial role in financial markets, ensuring the smooth functioning of trading ecosystems. These entities, often individuals or institutions, contribute assets to the market,...
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