Forex and Binary Options
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Binary options are growing in popularity with global investors with its simplistic features and numerous advantages. However, as binary options (digital Option) require one to estimate the future trends of...
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Forex is the foreign exchange market where currencies are traded against each other in pairs. The foreign exchange market consists of currencies from every country, traded 24 hours a day, Monday through to Saturday.
Forex trading works by buying one currency against another currency. The currencies are always in pairs with the first currency in the pair (the one on the left) called the ‘base’ currency, whilst the other currency in the pair (on the right) is called the ‘counter’ currency.
Example: EUR/USD – the EUR (Euro) is the base currency and the USD (US Dollar) is the counter currency.
Profit (or loss) is made by one currency appreciating or depreciating against the other currency in a currency pairing.
You buy a currency pair if you believe the base currency will strengthen against the counter currency. You sell a currency pair if you believe the base currency will weaken against the counter currency.
Profit is measured in Pips – Percentage in Points. Nearly all currency pairs are quoted to 5 decimal places with the change in the final decimal place – referred to as a ‘pip’. For example, the EUR/USD is valued at 1.3542 – the 2 at the end is the pip. If the price of the EUR/USD rose to 1.3544, then the EUR/USD is said to have risen 2 pips.
When buying or selling a currency there is always a two price quotation – A bid price and an ask price. The difference between the prices is called the spread. The bid price represents the maximum price that a buyer is willing to pay for a currency, whilst the ask price represents the minimum price that a seller is willing to receive for the currency.
Forex trades are leveraged, in the case of Forex brokers, leverage of 100:1 is offered. This means that every trade is magnified by 100 times, enabling higher profits as the trader is able to increase the amount being purchased.
Forex Robots for Competitive Trading Experience
If you are a trader who wish to trade using the Forex robots as you think they can do better than you, you are not alone who thinks so. Because Forex trading gets influenced by sentiments and emotions of the individual trader, a lot of time the decisions tend to fail. This is not what you want when trading currency pairs; therefore, you need Forex robots.Needless to say that Forex robot is automated computer software that is basically marketed to traders who have little or no knowledge of complex Forex trade market algorithms. It is essential to know that the marketers claim that profits can be earned even when you are not in front of your PC; however, you must source from the right organization.
Make sure that they really are what they are marketed out to be because if you fail in selecting the right Forex robot, chances are you may fail making profits. Therefore, select the Forex robots from the jungle of providers. As there are a myriad of Forex trading robots on the market, you should feel happy about the choices you have.
The Forex robots that claim to have undergone a series of extensive tests which have produced satisfactory results therefore they are marketed as absolutely effective in producing consistent profits can be trusted. However, which are the top Forex robots should be decided by you after a lot of analysis and experiments of several services providers.
Reliable Forex Robots
For instance, the answer of top Forex robot is not that straight-forward; however, the most important factor to consider here should be the main difference between the manual versus automated trading systems. Nevertheless, the most attractive option therefore, for the amateur Forex trader, is to trade with automated Forex robots.
Looks like a lot of traders who have been profiting from trading using the traditional tools don’t agree with Forex robots; however, when choosing the top Forex robots for your use, make sure that you have the right source for information. For instance, TraderBinary helps you select the right Forex robot and ultimately helps you become a professional trader.
Possibly the most effective way to assess which are the top Forex robots are to visit and subscribe to reputable websites where the top Forex robots are reviewed. TraderBinary is one such site that gives you detailed information about the top offers and solutions as well.
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What Are Commodities?
In simple terms, commodities are the raw materials used to help in our everyday lives. We use energy to sustain it, metals to
build weapons and tools, and agricultural products for food. These — energy, metals, and agricultural products — are the three classes of commodities, and they are the essential building blocks of the global economy.
Commodities in general meet the following criteria:
Tradability: Meaning there needs to be a viable investment vehicle to help you trade it. For example, a commodity is included if it has a futures contract assigned to it on one of the major exchanges, or if a company processes it, or if there’s a mutual fund that is traded like stocks on an exchange.
Uranium, which is an important energy commodity, isn’t tracked by a futures contract, but several companies specialize in mining and processing this mineral. By investing in these companies, you get exposure to uranium.
Deliverability: Crude oil is included because it can be delivered in barrels, and wheat is included because it can be delivered by the bushel.
Liquidity: Every commodity must have an active market with buyers and sellers constantly transacting with each other. Liquidity is critical because it gives you the option of getting in and out of an investment without having to face the difficulty of trying to find a buyer or seller for your securities.
Risks with Investing in Commodities
Investing is all about managing the risk involved with generating returns. Here are some common risks you face when investing in commodities and some small steps you can take to minimize these risks.
Geopolitical risk with commodities investments
One of the risks of commodities is that the world’s natural resources are located in various continents and the jurisdiction over these commodities lies with governments, international companies, and other entities. For example, to access the large deposits of oil located in the Persian Gulf region, oil companies have to deal with the sovereign countries of the Middle East that have jurisdiction over this oil.
International disagreements over the control of natural resources are quite commonplace. Sometimes a host country will simply kick out foreign companies involved in the
Production and distribution of natural resources.
So how to protect yourself from this uncertainty? One way is to invest in companies with experience and economies of scale. For example, if you’re interested in investing in an international oil company, go with one with an established track record.
Speculative risk with commodities
The commodities markets, just like the bond or stock markets, are populated by traders whose primary interest is in making short-term profits by speculating whether the price of a security will go up or go down.
If you trade commodities, constantly check the markets, finding out as much as you can about who the market participants are so that you can distinguish between the commercial users and the speculators.
One source you can check out is the Commitment of Traders report, which is put out by the Commodity Futures Trading Commission (CFTC).
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