addition to executing trades, futures brokers also offer valuable advice on market trends, trading strategies, and risk management techniques. One of the key responsibilities of futures brokers is to...
between the bid and ask price is known as the spread. 3. Lot size: In forex trading, lot size refers to the amount of currency being traded. Standard lots are 100,000 units of the base currency, whil...
and virtual events: Many financial institutions and companies host webinars, virtual events, and conferences where industry experts discuss market trends and provide insights on the economy. Attend th...
factors that influence exchange rates. Economic indicators, geopolitical events, and central bank policies can all have a significant impact on currency values. Traders must stay informed and continuo...
currency exchange rates. This includes monitoring major economic indicators such as GDP, inflation rates, employment data, and central bank announcements. 2. Use Technical Analysis: Utilize technical...
2024-08-29 18:27:16