The secret of Success in Forex Trade

Forex trading is the highlight of the financial markets. Central banks, corporations, financial firms, industrialists and experienced as well as amateur traders are trading on Forex. But all the traders do not earn heaps of profit. Like all other fields and departments of trade, it is not possible to earn profit without any hard work in Forex. Thus the traders who do not take it seriously lose their …

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Spread in Forex Trading

Brokers usually quote two different prices for a currency pair. The price of buying the currency is called ‘Ask’ price while the price of selling the currency is called ‘Bid’. The asking price is different from the bid price. The difference between the asking price and the bid price is called a ‘Spread’. Measuring a Spread It is very easy to measure a spread. The unit of measuring …

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