Guru's Articles
Search “forex trading courses” on Google and around 56 million results will show up. However, are these legitimate? These courses are great help for investors who want to know more about forex trading, but novice traders must be really particular about choosing the right one. Types of Forex ...Read more
- Posted by: Jun Wang
The foreign exchange market has several players: banks, central banks, companies, individual investors, and investment managers. How do they affect the world’s largest and most liquid market? Banks The interbank market holds the greatest volume of traded currencies, a place where all types of ...Read more
- Posted by: Jun Wang
Let me introduce myself. I am Andrew Jackson, the man featured in the $20 bill and the seventh president of the United States. But I will not talk about myself, but the American dollar bill that bears my image. The US Treasury created me in 1929 in Washington, D.C. When the government agency ...Read more
- Posted by: Anton Luyten
Most of us have love-hate relationship with finance, our “significant other”, primarily because of the computations involved. But in reality, we cannot deny its impact in the long run, especially in our daily life. Numbers are everywhere. So, we have no choice but to face it, anyway. Here are ...Read more
The world has witnessed how Greece is resolving its mounting debt crisis, how OPEC member countries are trying to balance the oil market by striking an agreement on limiting production, and how the United States – and everyone else in the world – is reacting to Donald Trump’s shocking victory ...Read more
Many investors, especially the new ones, are attracted to day trading because of the prospect of generating quick money. But that is not the case. Day trading goes beyond online trading and making a fortune out of it. A successful day trading lies on one’s trading style. The following are ...Read more
Set aside quotes, graphs, ratios, local and international news, and everything in between. Before you even think of honing your trading skills, instill practice and discipline in your system. Here are nine steps to ensure success in the complicated currency market. Set goals and select trading ...Read more
- Posted by: Anton Luyten
Tired of reading the same financial details? This reaction, although normal, can cost a huge amount of money. An investor can easily deal with this fear by merely entrusting everything in the hands of his financial advisor. But some ought to handle their own financial affairs. What is financial ...Read more
The foreign exchange market, or forex, is the biggest financial market around the world, with more than $5 trillion being traded daily. A trader has to execute trades through a forex broker if he wants to get into the forex market. These professionals make money on commissions and/or other charges, ...Read more
- Posted by: Apinya Kamon
There are four types of trading accounts to choose from when opening a forex account: standard, mini, micro, and managed. Standard Trading Accounts The most common trading account, it requires sufficient up-front capital to trade full lots. Each lot is equivalent to $100,000, but a trader does ...Read more
Certain European such as Poland and Sweden still use their own currencies. Their reason? It is more than patriotism. Currently, the EU has 28 member countries. Nine states are excluded in the bloc’s monetary union. All other EU countries, except Britain and Denmark, hold the right to defer ... Read More
- Posted by: Jun Wang
Exchange rates pertain to the overall currency rate versus the other. It pays to comprehend how this rate works and how it can be applied in everyday life. For instance, if you are visiting Poland, you have to purchase the zloty, their local currency. Assets holding the same features must be sold ... Read More
How does our view on money shape the way we manage our finances? It can simply prompt us to spend wisely or excessively. We hear several successful and disastrous money management stories. From these accounts, we can pick up something which can help in our financial decisions. This is called money ... Read More
You may desire to find the most suitable answer for this question. Can we find solace in Japanese yen? Some emphasized the link between surge of the currency and risk aversion among markets is no longer relevant. We normally consider the price activities of the currency as a work of risk rather ... Read More
Being one of the largest markets worldwide, it makes sense to understand the threats engulfing the foreign exchange market. Traders also need to recognize that the ultimate goal of currency trading is to bolster its profitability by selling at a high price and purchasing at a low price. Unlike ... Read More
- Posted by: Chaoxiang Lee
Change is inevitable. Let’s face it. The foreign exchange market is a jam-packed market since numerous news and data shape movements in this market. Such changes influence the biggest economies and reserve currencies around the globe. Picture this: any major event or two (or any economic report) ... Read More
You may desire to find the most suitable answer for this question. Can we find solace in Japanese yen? Some emphasized the link between surge of the currency and risk aversion among markets is no longer relevant. We normally consider the price activities of the currency as a work of risk rather ... Read More
Certain European such as Poland and Sweden still use their own currencies. Their reason? It is more than patriotism. Currently, the EU has 28 member countries. Nine states are excluded in the bloc’s monetary union. All other EU countries, except Britain and Denmark, hold the right to defer ... Read More
Being one of the largest markets worldwide, it makes sense to understand the threats engulfing the foreign exchange market. Traders also need to recognize that the ultimate goal of currency trading is to bolster its profitability by selling at a high price and purchasing at a low price. Unlike ... Read More
How does our view on money shape the way we manage our finances? It can simply prompt us to spend wisely or excessively. We hear several successful and disastrous money management stories. From these accounts, we can pick up something which can help in our financial decisions. This is called money ... Read More
