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Important Terms in Forex Trading

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Important Terms in Forex Trading The Forex industry uses a lot of forex-specific vocabulary. To help you out, we’ve compiled a few terms that are the most common or are the most important to know when getting involved in Forex. Bearish or Bear Market: When there is an expectation that the market will go down, and the price will decrease. For example, saying “USD/JPY is bearish” means you expect that the dollar to become weaker against the yen. Bullish or Bull Market The opposite of a bearish market. A Bull market is where there is an expectation that the market will go up. For example, saying “gold will trend bullish” means you expect that the price of gold will rise. Clearing The process of settling a trade. Often used with day trading when positions are closed at the end of the day. The word ‘closed’ is used for the trades that are closed throughout the day. For example, “I’ve cleared all my trades” compared to “I’ve closed my buy on swissie.”...

Achieve Your Financial Goals With Futures Trading

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Achieve Your Financial Goals With Futures Trading Trading, in general, is defined as the process of  buying and selling stocks  in the market. Futures trading deals with the trading of derivatives, an asset or financial instrument that derives its value from the price movement of an underlying entity. In simple terms, it enables buyers and sellers to exchange a commodity or goods for a preset amount of money in the future. Futures traders are placed in any of the two groups:  Hedgers  and  Speculators . Hedgers  - Who are involved in the underlying asset (producers and consumers). Speculators  - Who prognosticates market moves and opens derivative contracts for profits (position traders, day traders, and swing traders) It is simple to start and achieve your finance-oriented goals through  futures trading . In spite of having a unique financial goal, the ultimate cause for anyone to involve in the futures trading can be categorized...

Simple Definition for 'What is Forex Trading'

What is Forex Trading? Forex trading, which stands for foreign exchange trading, is the conversion of one currency into another. It involves the simultaneous buying of one currency and selling of another.  Forex trading  takes place on the Forex Market where all participants buy and sell currencies; participants that include central and commercial banks, companies, hedge funds, brokers, and retail clients. In trading, you will be presented with 2 prices, the sell price and buy price. At any given moment, the sell price will always be lower than the buy price. For any person to make profit in the forex market there are only 2 ways: either the person takes a buy order and waits for the price to increase so he can sell back at a higher price, or he takes a sell order and waits for the buy price to decrease so he can buy back at a lower price. If you buy, the sell price must increase above the price at which you bought to make profit. If you sell, the buy price must decrease b...