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Posts Tagged ‘currency code’

Forex Basics

PostAuthorIcon Author: Exploding Now

Trading of any form if conducted for monetary gains mean to buy low but sell high. This rule applies to forex trading as well. Forex trading means the trading of currencies of various countries. The currencies are traded in pairs and they have their price and value in comparison to other currencies. Currency prices are continuously in motion as they are subject to change due to many reasons like interest rates, time of the day, economical parameters, policies of the central banks, anticipations and trade practices of the traders involved and several other reasons.

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Forex and CFDs are leveraged products that involve a high level of risk and may not be suitable for all investors. Please ensure you understand the risks you may incur and take into account your level of experience before entering this market. The best advice we can offer you is: you should not risk more than you can afford to lose.
Did you know that …
... the first thing that needs to be decided in binary options trading is what position needs to be taken, i.e. whether one should take a call or a put position? If the investor believes that the underlying asset’s value is going to decrease in the future, then it would be advisable to take a put binary option. And in case, the value is predicted to go up then a call option needs to be taken.

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