Profit is a measure of the financial gain that a business experiences when it sells a product. It is the amount of money gained after all business expenses have been deducted from the gross revenue. To qualify for profit, the selling price must be higher than the cost price of the product. Profit is a . . .
What is a Forex Strategy?
A forex strategy referred to as a carry trade is an effective system to make profits while the market is “resting.” Profits can be made when the interest rates on a currency pair are not in sync. A carry trade involves borrowing from the currency pair with a higher interest rate and selling it when . . .
The Euro and Forex Trading
The Euro is the currency used in the European Union. Its symbol is derived from the Greek letter epsilon (Ie), the cradle of European civilization. The EUR symbol is composed of the first letter of Europe crossed with two parallel lines, which ‘certify’ the stability of the currency. Traders trade the Euro against the United . . .
The Importance of Profit for Traders
Profit is the financial gain a business generates after all expenses are deducted from sales. Profit is the primary goal of a business and can be used to improve the company or reinvest in new products or services. Profit can be expressed in a number of ways, including as a percentage of sales. Profits are . . .
The Euro and Forex Traders
The Eurozone is a group of 19 countries with a combined population of 340 million people. The euro was introduced at midnight on 1 January 1999, and the national currencies of the participating countries ceased to exist independently. In addition, the old currencies continued to be legal tender until 1 January 2002. Today, over 200 . . .
What Is Profit?
Profit is the amount of money a business makes after deducting costs. Profits are often reinvested and apportioned among owners. Profit is one of the most important metrics in measuring the health of a business. Profit is typically expressed as a percentage of sales. It varies widely among different types of companies and industries. Profit . . .
How to Choose a Forex Strategy
A forex strategy is a way to make money from currency trading. It can be either long-term or short-term, and the best strategy is the one that fits your trading style and risk management. However, it is important to keep in mind that there is no one strategy that works for everyone. Therefore, it is . . .
How to Use the Euro and Swiss Franc As Cross Currency Pairings in Forex Trading
The euro is a unit of currency used in the European Union. It is considered an official currency of the EU. France introduced the euro to some of its overseas territories, such as St. Pierre and Miquelon in the north of the Americas, Guadeloupe, Martinique, Saint Bartholomew, Mayotte, and several other places. Some countries have . . .
How to Develop a Forex Strategy
One common mistake that many new traders make is that they think that levels that were important in the past are still important. This logic assumes that if the market dropped to a support level, it then saw it as a good time to buy. Likewise, if the price of the forex pair slips back . . .
Traders’ Guide to Profit and Loss
What is profit? Profit is the amount of money a business pulls in after deducting its expenses. Profit is an important measure of the health of a business, because a positive bottom line shows that the business is doing well. There are many ways to measure profit, but three main types can give investors valuable . . .