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How demo trading account help the beginners in forex? Community
A demo trading account is an essential tool for forex beginners, providing a risk-free environment to practice and build confidence. It allows new traders to familiarize themselves with trading...
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How do cryptocurrency prices fluctuate over time, and what factors contribute to these fluctuations? Community
Cryptocurrency prices are highly volatile, fluctuating due to a mix of market demand, speculation, and external influences. Supply and demand play a fundamental role limited supply (like Bitcoin’s...
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Example of a basis point Community
A basis point (bp) is a unit of measure equal to 0.01% (1/100th of a percent), commonly used in finance to describe small changes in interest rates, bond yields, or other percentages. For...
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How is confidence an important factor for success in forex? Community
Confidence is a crucial factor in achieving success in forex trading because it directly impacts decision-making, discipline, and emotional control. A confident trader trusts their strategy, sticks to...
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What is an Iceberg order and how to use it? Community
An Iceberg order is a type of large order broken into smaller, visible chunks to minimize its impact on the market. Only a small portion of the total order is visible in the order book, while the rest...
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What are the benefits of investing in shares through a managed fund versus direct share trading? Community
Investing in shares through a managed fund offers several benefits compared to direct share trading. In a managed fund, a professional fund manager makes investment decisions on behalf of investors,...
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