Category: Tips
The trading emotions that come with forex
Let’s look deeper into what trading is. Trading in its simplest form is analogous to gambling in many ways. You put up some money, buy an asset, and then try to sell the asset at either more than you bought it or at least for a profit of some sort. What are these emotions?…
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Commodity trading vs stock trading in Singapore
Commodity trading involves purchasing and selling futures contracts to make money off stocks or commodities. Stock trading is more low risk and involves buying and selling stocks on a regulated exchange. Commodity traders need to be aware of complex hedging strategies and multiple forms of risks like counterparty risk, expiration risk and liquidity risk.…
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How to stop forex slippage?
Forex slippage is a common occurrence in the forex market, resulting in traders losing money. Forex Slippage – What is it? Forex Slippage is defined as the price discrepancy between the expected price of an asset and the price at which the asset is traded. Forex Slippage often results in traders incurring losses due…
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Trading Forex Based On News Releases
If you’re a forex trader who believes that currency moves reflect the fundamentals, it’s vital to keep up with forex news. Significant turns on the chart often happen due to unexpected news or because the anticipations of the news events aren’t met. In the preliminary stages, you’ll find that some news affects the market as…
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Trading Forex Currencies Guide for Newbies
The Forex market is termed as being the largest financial market globally. It is even more significant than a stock market, having a volume of about 6.6 trillion dollars daily. Forex can be explained as being a network of sellers and buyers transferring currency amongst each other. As such, it’s the means through which central…
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Monetary Policy and its Impact on Currency Value
Rates of exchanges determine the strength of a country’s currency against other currencies, which trickles down to the prices of goods and services. A high exchange rate of your country’s currency lowers the price of imports, whereas a low exchange rate makes imports more expensive. High exchange rates make it favorable to import goods, whereas…
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