For those who are busy and are patient with the charts, swing trading may be your kind of pace. However, for us who like a fast paced market, we like to be in and out of the market, with our money at the end of the day. Today we will discuss tips and tricks to minimize your losses and maximize your trading time.
Forex brokers can cheat clients out of money in a number of ways. One common method is through manipulation of the bid-ask spread. This is the difference between the price at which a currency can be bought and sold, and it is typically quite small. However, some brokers may artificially widen the spread in order to increase their own profits at the expense of their clients.
The Australian Open 2023 was wrapped up successfully, and as the official sponsor, will TMGM have its first big year in early 2023?
JPMorgan Chase & Co. is collaborating with KPMG to enhance how the U.S. bank monitors its traders, according to individuals familiar with the assessment, as Wall Street grapples with how to detect possible misbehavior amid a securities trading boom.
Retired Jamaican sprinter legend Usain Bolt has fired his business manager after he lost $12.7 million to a massive employee fraud scheme. Stocks and Securities Limited(SSL), a wealth management company, was reportedly responsible for the scam. According to the report, this firm is now under investigation by the Financial Services Commission.
Asian equities traded cautiously and bonds suffered minor losses as investors prepared for a busy week of central bank meetings, earnings announcements, and critical U.S. economic data.
ASIC, the Australian Securities and Investments Commission, is attempting to tighten regulations for international financial services firms operating in Australia. This attempt of ASIC is aimed to seal regulatory gaps as many brokers believe that they are not regulated in Australia and are therefore exempt from the nation's registration requirements.
Prepaid Crypto Cards Are Being Launched By Binance And Mastercard In Brazil, One of The World's Major Crypto Marketplaces
Scams have always been a dark side of the forex industry. Back in the old days, it was hard for new traders to tell a scam broker from a real one due to the lack of resources.
This week, global market sentiment continued to improve. The Nasdaq 100, S&P 500, and Dow Jones gained 4.32%, 2.47%, and 1.81%, respectively, on Wall Street. The German DAX 40 gained 0.77% across the Atlantic. Meanwhile, the Nikkei 225 and Hang Seng Index surged 3.12% and 5.15%, respectively, in Asia-Pacific.
For the first time in 203 trading sessions, the Nasdaq 100 closed above its 200-day simple moving average (SMA), catching up to its bigger competitors. Monday, the index fell again below that ostensibly key threshold.
The Department of Foreign Affairs (DFA) is still repatriating Filipinos who have been victims of criminal trafficking in Southeast Asia.
Is there going to be another credit crunch? No, it's just earnings season. Last Monday, the United States reached a $31.4 trillion debt cap!
The worldwide online trading industry is expected to reach $13.3 billion by 2026, increasing at a 6.4% CAGR from 2022 to 2026. Because they grasp the possibilities of trading, Millennials, and Generation Z want to be long-term participants in the financial markets.
Commerzbank (CBKG.DE) of Germany said on Monday that it has satisfied major earnings requirements to join Germany's benchmark DAX index of blue-chip companies.
High leverage has been favored by adventurous investors. Even if the fund you invest in is not much, investors still have the opportunity to obtain huge returns, as long as high leverage is offered by brokers.
South Africa's producer inflation slowed to 13.5% in December, compared to 14.5% the previous month.
The Central Bank governor - Mr. Godwin Emefiele has announced an extension of the deadline for the use of old Naira notes to February 10, 2023. This was revealed early Sunday morning after his meeting with the president at his hometown in Daura, Katsina State.
What is decentralized Finance and why do we need to know it?
According to Forbes, the Bitcoin price has gone down to the bottom since last year thanks to various reasons such as the catastrophic "crypto winter" and the ongoing geopolitical crisis. However, at the beginning of 2023, the price of Bitcoin appears to be skyrocketing.