The precious metal can last forever. It does not corrode. This is one reason why gold has always been the backbone of capitalism. Limited reserves and difficulty in mining also make gold a valuable metal. The amount of gold cannot be increased...
Trading software, or a Zigzag instrument, is a standard tool that traders can use to evaluate the possibility of a directional move in a stock. When combined with basic functionality and taken significant steps, it somehow assists in making, whenever...
Usually, people think of gold and silver as safe-haven properties. In troubled times, invest in gold and silver. When the macroeconomy is in a recession or depression cycle, prices of gold and silver tend to rise, making it profitable for those who...
An ETF (Exchange-Traded Fund) differs from a regular forex trade in several ways. Firstly, while forex trading involves buying or selling a specific currency pair, an ETF is a basket of securities that can include multiple currencies, commodities, or...
The spread between two currencies is one of the most common. This is referred to as the foreign exchange spread. This type of spread gives you exposure to the currency that is being bought and sold. The foreign exchange spread is very common in the...
The amount of the counter currency required in exchange for one unit of the base currency in a foreign exchange transaction. For example, if the EUR/USD exchange rate is 1.1700, it would cost $ 1,17 to buy 1 euro.
There are several advantages a trader can get from scalping. However, it has limitations too such as the following:
ADX stands for Average Directional Movement Index, which measures a trend's overall strength. A price range value is averaged to produce the ADX indicator. As part of Welles Wilder's Directional Movement System, the ADX is a component. In conjunction...
I think at some point every trader runs out of money. Every trader has to taste failure. It can be small or large. But it's fun for everyone. It is this failure that teaches the secrets of forex trading. As such, failure is a pillar of success. It is...
In order for a company to attain its financial and other goals, it must follow a set of steps known as operations management. Directly developing, utilizing, and improving the production system on which the company's key products and services are...