Author: Kent

The forex market will always be unpredictable. Traders can take measures to avoid major losses, such as using stop losses. Forex brokers can also take measures to help their traders avoid big losses, such as providing negative balance protection. What is Negative Balance Protection? Negative balance protection is when brokers take steps to prevent a trader’s balance from falling below zero. It prevents traders from owing them money. In January 2015, the Swiss National Bank made an announcement that it would remove the fixed exchange rate between the Swiss Franc (CHF) and the Euro (EUR). This was an unexpected move…

By now, you have already developed a trading strategy that works for you, but as you know, improvements can always be made. One of the best ways to improve how you trade is through learning in practice and through the success and failures of others. Let’s journey through the top 5 Forex trading books for experienced traders. Our Top Picks For Experienced Traders 1. The Death of Money: The Coming Collapse of the International Monetary System The Death of Money by James Rickards provides an in-depth look at our blind dependence on the US dollar. The US economy has a significant impact…

Cryptocurrency is an encrypted digital currency. On the other hand, cryptocurrency is an asset that investors may buy and sell because its value is not fixed compared to the conventional currency. Many people have become crypto millionaires due to the market’s tremendous volatility, but others have seen their profits wiped out just as rapidly. If you’re unsure what cryptocurrency is or how it works, you’re not alone. The majority of people are uncertain about the safety of investing in digital currency. This guide to the cryptocurrency market will help you understand the basics of crypto and hopefully help you decide…

Amega has announced that is offering a 100% withdrawable bonus on every deposit. This will give their clients more capital to trade with, enabling them to boost their trading volume and their potential profits! To access the bonus all you need to do is open a live account, complete the registration process, deposit funds, and start trading. You can withdraw the 100% bonus once you’ve traded the required volume of lots (1 USD – 1 lot). You can also withdraw your own funds and profits, including profits earned using bonus funds, at any time. About Amega Amega is an established,…

Indices are also called “the blue-chip of the market” and are most actively traded. The indices have many shares in trade with a small spread, so they can easily gain or lose value. Indices trading gives investors exposure to financial markets without investing in a company’s stock directly. Stock indices trading is a very popular way to trade stocks. You can trade all major global indices from one single platform with MetaTrader Indices. Indices are divided into three categories; the most famous are composite indices, divided further into capitalization-weighted and equal-weighted indices. The majority of indices with which traders operate…

Both professionals and individual investors can find the oil market quite complicated as there are occasionally huge price fluctuations daily. This article outlines the variables that drive the oil market and how to include oil in your investment strategy What is Oil Trading? Oil trading is buying and selling various forms of oil and oil-related assets to make a profit. Because oil is a limited resource, its price can fluctuate dramatically due to supply and demand swings. Because of its high volatility, it is popular among traders. Without owning any actual oil, you can trade CFDs on: Oil Spot Price…

If you want to manage your money better and save for retirement, investing in the stock market can be right for you. It may seem risky, especially if you’re new to investing, but by understanding the stock market, you’ll gain an understanding to help you get started. The potential for increased returns on your investment and the development of financial discipline are two of the best reasons to invest in the stock market. This guide to the stock market will help you get started in building your investment portfolio. What is the Stock Market? Companies sell their stock, which is…

Amega has announced that is now offering a free $40 no deposit bonus. With this brand new promotion, you can simply sign up, trade using the bonus, and try out their services risk-free. The best part? You get to keep your profits too. Any money you make from trading with the free $40 no deposit bonus will be 100% withdrawable. How To Get The Bonus All you need to do is complete the online registration process, open a Standard MT5 Promo Account, and enter the promo code. Once your new account is approved, they will automatically add the $40 trading…

Trading currencies, CFDs, indices, commodities, and cryptocurrencies presents a lucrative opportunity to make profits. However, that doesn’t guarantee success when trading the market. Here are six awesome tips to help you improve your forex trading skills. 1. Invest In Yourself Before Entering The Market It’s important to spend time improving your knowledge and skills. It will help you make better trading plans and improve your chance of long-term success on the market. Fortunately, most forex brokers offer free educational resources such as webinars, e-books and seminars. In addition, many other companies also offer high quality educational resources for both beginners…

There are many reasons why traders choose to trade the forex market. For example, some may choose it for its market access, high trading volumes, and low transaction costs. Others may choose it for its high volatility, and its high potential for profit. In this article we look at the forex market in Nigeria in particular, and the latest facts about local market trends. Forex Trading Stats The global forex market is worth $1,934,500,000,000 (which is $1.93 quadrillion!). More than $5.3 million are traded in this market every day. Over 85% of the foreign exchange transactions involve 7 major forex…