With a little more than three weeks to go, the 2020 US elections is just around the corner. November 3 sees Democratic nominee Joe Biden, a former vice president from 2009 to 2017 during the Barack Obama administration, go head-to-head with incumbent Republican president Donald Trump. As of writing, the national polls, sourced from fivethirtyeight.com, … Continue reading US Elections: Stock Market Performance
Category: Forex Trading 101
2020 US Elections: An Introduction
Set by Congress in 1845, election day is always held on the first Tuesday after the first Monday in November. This year it falls on November 3. US citizens aged 18 years and over are eligible to vote in the US elections. According to the Census Bureau, 245.5 million Americans aged 18 and over were … Continue reading 2020 US Elections: An Introduction
Forex Leverage and Margin Defined
Leverage is vitally important, yet it remains a misunderstood concept for many traders. The leverage ratio essentially governs the margin required in an account to trade. 1:100 leverage means for every 100 USD traded, 1 USD margin is required (or 1%). 1:200 leverage, therefore, means for every 200 USD traded, 1 USD margin is required … Continue reading Forex Leverage and Margin Defined
Forex Trading: What is the Spot Market?
Financial markets are a mystery to many, thought to be overloaded with convoluted terminology. One market in particular that often causes confusion is the spot market. Commonly referred to as the cash market or physical market, the spot market is a place securities are exchanged for cash and delivered on the spot. The price quoted, … Continue reading Forex Trading: What is the Spot Market?
Forex Trading: An Introduction to Trading Strategies and Trading Styles
Without rules of engagement, you essentially operate on emotion instead of a well-ordered approach. This is what a trading strategy provides. Countless Forex trading strategies are available, therefore choosing a suitable approach can be a challenge. What’s a Trading Strategy? You may have heard maintaining discipline is key to becoming a successful trader. Equally as … Continue reading Forex Trading: An Introduction to Trading Strategies and Trading Styles