There are many different currencies in the wold. From dollars to yen to pesos, learn everything you need to know and more about currencies. Check out Modest Money’s posts about it now.
2016 has already proven to be a turbulent year in terms of market movements and Forex trading. However, this may indeed be only the tip of the proverbial iceberg. With continued instability in the Middle East and a predominantly bearish outlook in terms of the Asian markets, what can we expect to see during […]
One thing that everyone considering trading Forex is whether it’s the right choice. There are other options that you’ve heard a lot more about – especially if you have watched financial dramas. Ultimately, the question comes down to which is better – Forex or stocks?
This is a big debate, and both have their loyalists, […]
Many Forex brokers advertise themselves as ECN brokers. ECN is an automated system that matches buy and sell orders for a variety of different investment vehicles. An ECN connects major brokerages and individual traders so that they can trade directly between themselves without going through a middleman. An ECN eliminates the third party’s role […]
Not many average people are noticing but the start of a major new trend has already begun. On January 15, 2015, Switzerland decoupled it’s currency from the Euro and rattled the global financial markets overnight. China is currently cutting rates and Russia is also managing it’s interest rate aggressively. This is in direct competition […]
It seems like just yesterday when I was writing posts about how strong the United States dollar was. However, the month of October hasn’t been so kind to the currency. In fact, throughout the month so far, all we’ve seen from the USD has been declines. Today, we’ll talk about why the United States […]
Investment brokers all over the world are trying to reach the Millennial generation. As always, traditional investment options like mutual funds and ETFs are there, if you know what to look for. But most people don’t. It shouldn’t be a surprise. Investment isn’t taught in most schools, and most people don’t learn it from […]
Forex trading is an acronym for Foreign Exchange trading and describe the exchange of one currency for another within the global capital markets. Forex trading is the most liquid form of trading as flows are more than 4 trillion dollars a day. Trading begins in Australian on Monday morning and is uninterrupted until the […]
Forex trading is generally referred to as an exchange of currencies (ex. EUR, USD, ect.) or what is commonly known as Foreign Exchange. It is not a game of bet like that of balls gaming or pony racing. This is a rewarding business which is open online 24/5 and is an outstanding method for […]
Forex trading success isn’t something easy to achieve. You can make some profits here and there but making consistent profits is hard work. The Forex traders who do share 5 qualities:
1. Successful Forex traders are disciplined
Discipline is crucial when you’re trading Forex. Discipline is not only achieved by being able to maintain yourself focused […]
It’s not that difficult to make money if you already have a lot of it. But it’s much harder to start from the ground up. Still, people do it every day. It’s like the old game “Bigger/Better” that you used to play in middle school. Players divide up into teams. Each team starts with […]