A simple way to make money online
There is a crisis in the country, at work they do not pay or constantly delay wages, or they have to work not in their specialty, which also does not…

Continue reading →

Ways to reduce costs
Every entrepreneur or business owner is constantly striving to increase profits and reduce costs when doing business. And in a difficult economic situation it is more than reasonable to constantly…

Continue reading →

Funny strategy
As it is not strange - but favorite work raises questions. The most important: why sooner or later any, even the most wonderful work begins to tire? And everything seems…

Continue reading →

CHOOSING A FOREX MARKET STRATEGY

Getting started in the Forex market can be quite difficult, because a trader has to learn a huge amount of information, to get new skills – choosing a Forex strategy, choosing an indicator, a currency pair, a time period, requires certain practices and knowledge. That is why experienced traders advise beginners to first carefully examine and consider everything, and then work on a training account, having received at least a minimum of practical skills.

Forex terminology highlights such a notion as a warrant in trade. You can make a sale / purchase of a currency on the market either by requesting a quote, giving Sell or Buy commands, or by placing orders — certain sales / buying orders of a specific currency in accordance with a pre-selected rate. Orders can be of two types: it is a stop order (Stop Order), a limit order (Limit Order), sometimes they are designated as Stop Loss, Stop Profit, Take Profit.

Stop Order – an order to complete a transaction (opening a position) at a less favorable rate compared to what is observed on the foreign exchange market at the time of placing the order. Stop is used to limit possible losses or to fix part of the profit on an already open position in case the course starts moving in the opposite direction. Also, a Forex stop order is used to open new positions when a course is broken through a specific level.

Limit Order – this is the name of an order to complete a transaction at a rate that is more beneficial than what is on the foreign exchange market at the time of placing the order. The limit is used to record profits or losses in case the movement of the course is unfavorable. Also limit order is used to open a new position.

As experienced traders and Forex books tell beginners, when placing a pair of orders (stop and limit), this pair can be assigned a CCA attribute (the abbreviation for “one replaces the other” – One Cancels Other). In this case, if one order is executed, the second will be canceled automatically.

According to Forex analytics, orders may also have the GTC feature (“valid until canceled” – Good Till Canceled). An order with such a sign is obligatory for execution until the client cancels it. Day order can also be used – automatically canceled at the end of the trading day. Considering that when working on Forex, only the GTC order is most often used, this feature is considered to be the default. To the usual stop / limit order can be added one or several orders in idle mode If Done, which will not be executed until it is executed the main one.

Making a choice of Forex strategy, indicators, technical means, a trader must possess knowledge of trading, performing basic tasks and processes – only in this case he will be able to succeed.

OPEN ABOUT POLAND
Man of the world of business is clearly aware of current trends, current development strategies and effective principles of work in their companies. At the same time, the modern businessman…

...

Where to find funds to create a business
One of the primary elements that should be taken into account when deciding to establish your own business is the availability of start-up capital. In connection with this circumstance, many…

...

BUSINESS IDEAS ON PRODUCTION
There are some conditions for business when it comes to small-scale production. First, investments in raw materials and equipment should not be too large, and secondly, the manufacturing technology should…

...