Before we provide a detailed answer to what is Forex, lets go over the basics first. Foreign exchange, more commonly known as “FX” or “Forex” is an exchange that occurs from a specific currency into another that occurs at an agreed price on an OTC (over-the-counter) market. Forex is known as the world’s largest traded market an averages on turnovers of over $5.3 trillion each day. What Is Forex Trading And What Features It Has When explaining ‘what is forex’, it is necessary to say that it is a huge market, highly popular worldwide. And when looking at the features related to … [Read more...]
Four Fantastic Resources to Increase Your Forex Knowledge
The foreign exchange industry is known to be wild and highly competitive, which can take time to learn and to tame. There seems to be an endless well of knowledge that you need to grasp in order to succeed, and it can often feel overwhelming. Fortunately, there are a surprising number of fantastic resources available to help you, and many of them can be accessed free of charge or for a minimal fee, provided that you know where to look. To help you get started, here are four of the best tools to take advantage of… 1. Books Although books are the oldest means of gathering … [Read more...]
3 Key Resources for Trading Forex
Historically, individuals tended to channel their disposable income into traditional savings accounts and vehicles. While these accounts offer a variety of interest rates, they are relatively restricted in terms of the returns that they deliver and are also vulnerable to fluctuating economic conditions. Modern savers are therefore fortunate that they can access a wider range of potential investment vehicles, including trading portfolios, share options and dividend accounts. Trading Forex - 3 Key Trading Resources Trading forex is arguably one of the most lucrative methods of … [Read more...]
Three Reasons to Invest in Gold and Silver in 2016
When you’re looking for a means of supplementing your income, investing can seem like the ideal option. Flexible, accessible, and potentially lucrative, it offers the opportunity to change your life, without getting in the way of your existing employment and commitments. Precious metals, in particular, are popular with those new to the investment markets, as well as those short on time. Relatively easy to understand, this type of trading caters to a range of budgets, personality types, and levels of experience. Done properly, it can also prove to be highly profitable. Fortuitously for … [Read more...]
Is Intel the Hottest Stock on the Market?
The Intel Corporation is a computer chip and micro-processing company that calls California home. The expansion and growth of the computer industry over the last few decades is due in a large part to Intel and its contributions to the technical specification needs of personal computers, as well as its research and development practices. The company develops mobile and microprocessors, solid-state drives and server chips. Last week, Intel released a new form of computer chip. With over a decade in development, the chip, known as the 3D XPoint, uses unique compounds to be able to work more … [Read more...]
Setting Realistic Expectations for Binary Options Trading
Like most people, you would probably appreciate an outlet for your money to grow instead of accepting petty interest from a savings account (which will just be overtaken by inflation any way). That being said, there are a number of ways to invest your money for this purpose. Binary options trading is largely considered to be the most exciting opportunity at the moment, but you still need to set realistic expectations for yourself before jumping in. It Will Take Time to Learn the Ropes Binary options trading really isn’t that unique in some ways. It requires that you get a good … [Read more...]
Why Investing in Gold and Silver is Good for Your Portfolio
Everyone knows that a healthy investment portfolio consists of the right mix of stocks, bonds, cash, and even real estate. But there is yet another important and often under-utilized resource to add to this diversification: The strength and stability of precious metals. Although there are many different kinds of precious metals, investing in gold and silver has become the two most popular choices. Gold and silver have been regarded as one of society’s oldest forms of currency. Their appeal comes from 1) the fact that they are a tangible asset that we can hold in our hands and 2) the … [Read more...]
Is a Binary Options Trading Strategy An Investment or Gamble?
Times are hard and everyone is looking for a way to make money quickly. Some people have invested in traditional instruments such as stocks while others have invested in more complex systems such as a binary options trading system to try to get wealthy really quick. Binary options are new financial instruments which have been in existence for a couple of years. These instruments are short-term investments with the potential to have high profit returns. Just like traditional investment options, binary options rely on the movement of stocks, indices, foreign exchange, crude oil and gold, … [Read more...]