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Forex

Basics

How much capital is needed to start Forex trading?

Jul 16,24

Understanding the Capital is Needed to Start Forex Trading One of the common questions that beginners, as well as advanced traders and investors, often ask is, “How much capital is needed to start Forex trading?” The answer to this question is not straightforward, as it depends on multiple factors such as the type of trading …

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Basics

What are Forex trading sessions?

Jul 16,24

Understanding Forex Trading Sessions Forex trading operates twenty-four hours a day due to the nature of international trading, geographical distribution of transactions, and supporting various financial centers worldwide. However, not every hour of the day offers the same trading opportunities. Forex trading sessions serve as a guide for choosing the best time to trade. These …

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Basics

Explain the feasibility of Forex trading as a full-time job.

Jul 16,24

Forex Trading as a Full-Time Job: A Comprehensive Perspective Introduction Forex trading, or trading in foreign currency, has evolved significantly over the last few decades, currently standing as the largest financial market in the world with a daily trading volume of around $5 trillion. As a result of its accessibility, potential for high returns, and …

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Basics

Let me understand Forex trading.

Jul 16,24

Understanding Forex Trading Forex, or foreign exchange, trading is a global marketplace for buying and selling currencies against each other. This financial activity hinges on speculation concerning the fluctuation of currency values. It’s a marketplace unlike any other, operating 24 hours a day, five days a week, and involving participants from various parts of the …

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Basics

What is a long position in Forex?

Jul 16,24

The Long Position in Forex Introduction Before knowing about long position in forex, let us know a few facts about the Forex market. The forex market (foreign exchange market) is one of the most rapidly moving global markets, with approximately $5.1 trillion traded every day. It’s a market that never sleeps, with investors from all …

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Basics

What is a short position in Forex?

Jul 16,24

Understanding a Short Position in Forex Forex, or foreign exchange, is the domain where currencies are traded. A deep understanding of the market mechanisms, industry jargon, and trade strategies involved in Forex trading is critical for both beginners and advanced traders. One of the most fundamental concepts in Forex trading is the “short position.” This …

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