Forex, stock, futures, options, commodity traders fully understand that the trend is your friend while others swear by trading within a range as if it is foreshadowing future performance. Is one trading strategy or indication superior to the other for those trading with leverage? First it is important to understand[…]
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* Dollar slips in holiday-thinned Asia trade * Yuan edges up ahead of FTSE Russell bond index decision * Yen hits 7wk high * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, Sept 21 (Reuters) – The dollar slipped and yen and yuan led Asia’s currencies a[…]
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Starting a forex trading business is a relatively simple undertaking. All you need is a reliable forex broker, a feature-rich trading platform, and a small amount of capital to buy and sell currency pairs. However, there are certain pitfalls, risks and factors that you need to be aware of to[…]
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Ref Wayne Born in Meadowlands, South Africa Wayne had started developing interest in trading since his early days. Brilliant in academics he had to drop out of school and start earning due to his family’s impoverished condition. Distributing sim cards on streets he accidentally came across Mr. Schwartz who trained[…]
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all[…]
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Travelling abroad necessitates the need to obtain currency of that country. One can obtain foreign currency only from authorised dealers which include banks. The RBI has laid down separate limits for obtaining foreign exchange for different purposes such as travel, studies abroad, medical travel amongst others. Mode of obtaining forex[…]
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