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.
The following post was originally published on Make Money Your Way
The foreign exchange is the largest financial market in the world, trading in excess of $5.3 trillion a day. Unlike other trading arenas, it has no central marketplace, which means that its brokers play a fundamental role in executing every trade that investors place. They […]
To improve your trading performances in the FOREX market, you need to adopt a certain attitude, one that’s based on patience and discipline. Since the FOREX market is open 24 hours a day, Monday through Friday, investing in currencies can be done around the clock, which can increase your overall stress level.
Let’s see how […]
The pound sterling has dipped to a level not seen since the summer of 1985. Many of us weren’t even born yet back then. Britain’s currency has experienced a downward spiral ever since the UK voted in a referendum earlier this year to leave the European Union, leading many people to lose faith in […]
Becoming a Forex trader has many advantages, but it’s not for everyone. You need to have the right attitude, be willing to work hard, learn the market, and have a bit of patience. The good thing is that it is not actually as difficult to make money through Forex trading as novice traders often […]
Getting into the financial markets can be daunting to say the least, as whichever trading vehicle you decide to use may offer access to 1000s of different instruments. The most popular securities can be a good entry point to trading as they have some of the best coverage. This doesn’t, however, mean they aren’t […]
Forex trading can be exciting, rewarding and lucrative, if you’re disciplined about applying sound trading principles and strategies. Ultimately, there is no single formula or strategy for trading success. Traders need to consistently hone their skills through hard work, persistence, good research and planning.
Here are 10 things successful forex traders do, which you can […]
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 […]