Forex Blog

Money allowed people to buy and sell goods that had a money price. It is very beneficial for a country's currency to have physical characteristics, which makes it difficult to counterfeit, which will certainly contribute to the effectiveness of monetary policy.

Being a successful forex dealer is the dream of numerous people, especially millennials moment.

Most of the stories about successful traders in the foreign exchange markets mostly serve as a source of inspiration for beginners, they motivate novice traders and open new doors for them, wide horizons of financial markets. Today we will learn (and discover) an interesting history and biographical data of a modern legend - an NYSE participant, the famous Alexander Gerchik. His example of life and…

Trading by professionals does not involve spontaneous steps or rash actions, which are based on only emotional impulses: that's why entering the market, as well as getting out of it, should be taken seriously, with analysis and include reason, as the forex market does not encourage work on "lucky."

Very high utility and a fairly high level of need for trading work have one of the market determinants - the spread indicator. It is he who allows monitoring the important parameter - the value of the brokerage commission (if one considers a particular currency pair) in a stable and constant manner