Most novice Forex traders don’t understand the difference between a profit and loss. They think that “profit” means “net profit from trading“, and that “loss” means “net loss from trading”. The truth is that they are very different things. Price (how much the market price has changed from the buying price) is the most obvious . . .
EUR/CHF is simply the abbreviation for the Euro exchange currency and the Swiss drachm. This dynamic currency exchange currency pairs is a major/cross international currency pair. Here, EUR is typically the base currency, and CHF serves as the quote currency. Trading the EURCHF normally is called trading the Swiss dollar. Traders are able to trade . . .
How Does Your Forex Strategy Affect Your Trading Habits? Forex strategy is the heart and soul of successful forex trading. When you decide to trade forex, your forex strategy is what drives you towards your goal of making big money. You need to choose a strategy that best suits your personality and lifestyle style not . . .
In the financial world, profit and loss are the difference between total income at the end of a period and the net profit at the end of the same period. In business and accounting, profit is the difference between the value of total assets less the total liabilities, plus interest, taxes and expenses for an . . .
The Swiss franc (Swiss franc) is eighth in terms of world FOREX liquidity, just ahead of the euro (EUD), dollar (DGB), British pound (GBP), and Japanese yen (JPY). Having a basic knowledge of the fundamental economics of this international currency is crucial for anybody trading on the financial market. This includes the Swiss National Bank . . .
One of the most significant economic relationships to learn in the forex markets is that between the euro and the Swiss Franc. This is because the Swiss Franc often tends to increase against the euro when the euro goes in a certain direction. This relationship has been present for years but recently there has been . . .
The most important thing in starting to trade Forex is to choose a Forex strategy that suits you best. You should also consider the type of trader you want to be. For instance, scalpers are usually more aggressive in their trades. Traders who trade with spreads tend to make larger profits in smaller amounts of . . .
Currency exchange trading is all about taking advantage of little-known price movements to make money with small wagers. It seems that everyone is using the Web these days, and you can take advantage of that by using your favorite currency trading software program. Of course, the question you have to ask yourself is, what’s stopping . . .
Forex Trading Fundamentals About The Euro The Swiss franc (CHF), sometimes referred to as suing currency, is fifth in the global ranking of international FX liquidity. In recent years its share of this position has diminished slightly, following the US dollar’s rise in value and the euro’s depreciation. Having an in-depth knowledge of the fundamental . . .
How To Pick A Forex Strategy There are many different forex strategy options available. Here, we take a look at some of the most popular ones, as well as some lesser known ones. This should help you when choosing your strategy. You can be either short term or long term, and you can be either . . .