When you are in a trade that is losing money you have to know when it is time to exit and accept the loss. In theory stop losses and keeping your losses small are simple in concept but in practice there is both a science and art in selling a losing position.
The yen is one of the world's most-traded currencies on the foreign exchange market, commonly referred to as "forex".
Ho Chi Minh City - October 18, 2020, Vietnam's Largest Financial Exposition - Wiki Finance Expo HCMC 2020 was officially held by WikiEXPO at Windsor Plaza Hotel, with more than 3,000 attendees, over 30 guest speakers and 30 renowned exhibitors in the world. To ensure the health and safety of all participators during the epidemic season, the expo in HCMC was presented for the first time through both physical event and online live stream on a fan page.
On Tuesday, upbeat news about UK-EU talks boosted the pound to the 1.300 barrier.
Trends on SGX Nifty indicate a positive opening for the index in India with a 40 points gain.
The Philippine peso is the best currency of Asia during 2020.
Headlines are stating that the US may introduce a coronavirus stimulus plan in recent days, which significantly lift risk-on tilts, spurring a USD selling, a EUR rise, and a EUR/USD close to 1.1800.
Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.
Mr. Siu has been trading US Natural Gas swaps on the Price Markets since October 1, 2020, and made profits every day at first. On October 12, however, he logged into his MT4 account and then noticed his balance had turned negative!
The DXY recently picked up a small risk-averse bid as the US presidential election is approaching.
Juno Markets launches copy-trading services on mobile. the mobile application was launched for both iOS and android devices.
The pandemic remains under control at the national level, and the case growth rate remains below recent peaks.
Although recent headlines stated that Australia’s largest trading partner had banned coal imports from the country, AUD/USD appears to be unfazed. Australia’s Trade Minister Simon Birmingham insisted that “we do not have proof that this is occurring.”
Traders should consider a range of analysis before entering markets to be as well informed and prepared as they can. A successful trader stands out from the crowd by using a blend of analysis available to them.
WikiFX lately received inquiries from investors about the regulatory information and business conditions of a British broker Acetop Financial. In response to investors, WikiFX decided to visit the broker in London.
The Dow Jones Industrial Average was down 0.1% at 28,484.1 points, while the S&P 500 lost 0.32% to 3,477.54. The Nasdaq Composite dropped 0.79% to 11,675.81.
There are advantages of investing in gold, especially when periods of crisis push investor sentiment to the extremes of risk aversion, making safe-haven assets the focus.
With the EU summit being held on October 15-16, the pound witnessed its overnight implied volatility jumping above 13% to a seven-month high.
Indian stock indices ended in the green, after witnessing a high swing during the trading session. Nifty closed at 11971 with a gain of 37 points and BSE Sensex 30 ended with a gain of 169 points at 40795.
A large part of the experienced traders started trading on the forex spot first. But when their time horizon grew longer, they preferred to invest in stocks.
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