If the trader trades the full contract (100k of currency) the EUR/USD and GBP/USD are worth approximate $10. In other words if the trader has a trade with 50 pips in profit, it means the gain is $500. ($10 per pip x50 pips). If the trader trade a mini account is 1/10th of the size, 50 pips will worth $50.
What is a Pip?
A pip is a term used in the currency market to represent the smallest incremental move an exchange rate can make. Depending on context normally one basis point is 0.0001, as is the case of EUR/USD, GBP/USD, USD/CHF.
In example if the EUR/USD moves from 1.2561 to 1.2562 it is one pip.
What are "long trading" and "short trading" positions?
A long position is one in which you buy a currency at one price, with the expectation of selling it later on at a higher price. Obviously, you anticipate that the market will rise. A short position is one in which you sell a currency with the expectation of buying it back at a lower price. Here, you expect the market to fall. Every FX position you take automatically entails going long in one currency, and short the other. If you buy one, by default you are shorting the other.
What are the risks in Forex Trading?
The risks in Forex Trading can be high but also controllable.
Forex traders around the world are competing against other Forex traders, banks, and institutional traders who are seeking the same potential rewards from their own trading activities. Money management, discipline, talent, and a lack of emotion are traits you will want to develop in FOREX trading. But remember, FOREX Trading is speculative and any capital used should be risk capital. In fact, it is recommended to trade on a demo account until you have shown profit for at least three consecutive months before trading real money.
Why Forex trading?
Forex trading is attractive because it offers unparalleled freedoms. A Forex trader can live almost anywhere as long as he/she is within reach of the internet. A Forex trader can work from home or office, and in some cases, even trade while traveling! A Forex trader can usually choose his/her own hours to work since the global foreign exchange market is open 24 hours a day.
A Forex trader avoids many common headaches associated with running a business because there is NO inventory, NO shipping, NO billing, NO collections, NO employees, NO commuting and NO dress code. And finally, since Forex traders can potentially earn a very high income, they enjoy the possibility of never, ever working for someone else again!
A Forex trader avoids many common headaches associated with running a business because there is NO inventory, NO shipping, NO billing, NO collections, NO employees, NO commuting and NO dress code. And finally, since Forex traders can potentially earn a very high income, they enjoy the possibility of never, ever working for someone else again!
Realtek Drivers
Realtek Products are one of the best products in the market. Sometime may not get the proper driver for the products from the local market. So, here is the link for searching the drivers.
Type the product name or serial number on the search box and click GO. Then the product driver should be displayed. Download the driver and install it in the required system.
Driver Page: GO
Top Universites
After completion of the regular school study, students are always willing
to have admission in the top universities of the world. There are many
top universities in different countries. It will be better to know some
information about the universities and the courses they offer before the
admission.
- Some of the remarkable things to be noticed may be:
- Courses offered in the universities: Is there is the subject which I want to study?
- Location: Is it so far that I could travel?
- Climate: Is there the climate that I could be healthy?
- Security: Is there the proper security in the local area?
- Scope: Is the graduated students from the university have scope on the market? as certificates of some universities may not be valid for certain countries.
- Affordable: Can I afford to study in the college?
How does Forex work?
Forex trades can be placed through a broker or market maker. Orders can be placed through software with just a few clicks and the broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen literally within a few seconds.
- If you had purchased 100 Euros in January of 2010, and it would have cost you around $120 USD. Throughout 2010 the Euro's value vs. the U.S. Dollar's value increased. At the end of the year 100 Euros was worth $130 U.S. Dollars. If you had chosen to end your trade at that point, you would have a $10 gain.
What is Forex?
Forex (abbreviation for Foreign Exchange) is typically used to describe trading in the foreign exchange market by investors and speculators.
- For example: Imagine a situation where the U.S. dollar is expected to weaken in value relative to the euro. A Forex trader in this situation will sell dollars and buy euros and vice-versa. The familiar expression, "buy low and sell high," certainly applies to currency trading.
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