One of the most difficult things for newcomers to Forex trading to wrap their heads around is how to read currency-pair quotes. After all, most of us are used to seeing one price for items-a loaf of bread costs $1.89, a stock sells for $39.50 per share, etc. How Currency Pairs Are Traded Currencies are traded in currency pairs. For…
The Differences Between The Forex Market and The Stock Market: You have more than likely traded stocks before, but have you ever traded foreign currencies? Currency trading goes back thousands of years and was the first market used by nations, traders and merchants to facilitate the open market process. The trading of national currencies has its own market called the…
Forex Trading Hours At 7:00 pm Sunday, New York time, trading begins as markets open in Tokyo, Japan. Next, Singapore and Hong Kong open at 9:00 pm EST, followed by the European markets in Frankfurt (2:00 am), and then London (3:00 am). By 4:00 am, the European markets are in full swing, and Asia has concluded their trading day. The…
The Basic Trade A share is a holding of a company that varies in value based on the desire or need for that particular company’s goods or services. As a shareholder, your net worth increases and decreases based on taking a short position when values are high and a long position when prices are low. As long as the stock…