Robo-advisors were designed for hands-off investors who would rather pass off investment decisions to professional managers, a computer algorithm or a combination of both. You don’t need to know how to buy stocks when you have a robo advisor. If
Non-US residents will be hard-pressed to find a better solution than Interactive. It is easy to monitor trades in real-time and make adjustments. If you are a beginner, you should go with a platform that is the simplest. Conversely, an
A forward contract is a private agreement between two parties to buy a currency at a future date and at a predetermined price in the OTC markets. A futures contract is a standardized agreement between two parties to take delivery
If the value was revised, it says Revised instead of Previous. You can see the original value in the Previous revised from section if you click on the report. If you’re a contrarian trader, that means you tend to go
The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. dotbig.com testimonials The Bank is also continuing its policy of quantitative tightening. ForexNews.PRO is
While it’s true that forex leverage is a great way to optimise your capital efficiency, it must be treated with respect. Ultra-low margin requirements give you the ability to assume large positions in the market with only a minimal capital
This means that leverage can magnify your profits, but it also brings the risk of amplified losses – including losses that can exceed your initial deposit. Leveraged trading, therefore, makes it extremely important to learn how to manage your risk.
Futures – Futures are a type of contract where two parties agree to exchange a currency for a specific price at a particular future date. Traders can use these contracts for both speculative and hedging purposes. As the market is
The charts are updated daily, – be sure to bookmark this page and return often. The volume-weighted average price is a fundamental metric for traders and investors, and moving averages are used for various trend and reversal indicators in the
You can short-sell at any time because in forex you aren’t ever actually shorting; if you sell one currency you are buying another. Retail traders don’t typically want to take delivery of the currencies they buy. They are only interested
