It goes without saying, but confidence is essential to trading or anything individuals set out to do. There are certain ways to approach building confidence, maintaining it, and making sure traders stay on track. Without confidence, traders can’t perform optimally. There are necessary steps to take to not only build
Stock index futures are legal agreements to buy or sell stocks on a future date and at a specific price. stock index futures are bets on the direction the equities will take that track with key stock market indexes. Stock index futures trade at different times of the day, even
Foreign exchange trading, or forex trading, is a legitimate way to make extra money. However, with it’s growing popularity, there has also been a rise in forex scams. It’s important to know how to identify a forex scam before you decide to engage in trading. What kind of forex scams exist?
There has been a lot of talk recently about day trading. Some tout it as a way to make big money fast and others have unfortunately fallen victim to the risks of engaging in this type of speculative investing. If you are thinking about day trading, I urge you to
A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds. Each share represents an investor’s part ownership
Read Books: Make a habit of reading books on stock markets, investment strategies, etc. By systematic and continuous learning, you can get a grip on the subject. Books such as “Basics of Financial Market” and “A Guide for Intelligent Investment” give you a very clear understanding about the way the
Interest rates affect forex in that they shape how a currency’s value is perceived. Higher rates usually mean increased demand for that currency, causing people to buy more of it. Therefore, any change in the interest rate will impact forex, meaning forex traders should always be aware of when their
While the Forex market is considered to be a 24-hour market during the working week, the trading sessions continue to be broken down into the Asian, European and North American sessions. More specifically, the respective financial centers tend to be tagged, making the Asian session the Sydney and Tokyo sessions,
There is no single formula for success for trading in the financial markets. Think of the markets as being like the ocean and the trader as a surfer. Surfing requires talent, balance, patience, proper equipment, and mindfulness of your surroundings. The attitude to trading in the Forex markets is no
In the Forex market, gold is a form of currency. The internationally accepted code for gold is XAU which is a symbol used under the ISO 4217 currency standard to denote one troy ounce of gold. It is known to be a “safe-haven” asset, expected to increase its value in