It is essential to understanding the stock market before investing any money into it. If you do not understand the stock market, you should not risk any money by investing.People around you can make a fool out of you in just few minutes . To increase your knowledge on stock market follow the following steps: Read books. There are literally thousands of books readily … [Read more...]
How to Open A Forex Demo Account
If you are thinking about starting to invest in trading currencies, a great way to get practice is to open a forex demo account so that you can practice with virtual money before putting your hard earned money on the line. Many companies offer forex demo accounts and you can open one in a matter of minutes. Learn how to choose and open a forex demo account so you can start … [Read more...]
How to Use a Portfolio
Profitable investing starts with a commanding core strategy based on tireless research, but equally important is how you manage your portfolio. While a properly managed portfolio can protect you from market downfalls, a poorly managed or ignored portfolio could mean severe financial loss. Most investors have heard that tending to the portfolio is important, but new investors … [Read more...]
What Is a Fed Rate?
The Federal Funds rate is the interest rate on overnight loans between banks. These loans are most often used to satisfy the reserve requirement.The Fed rate is the interest rate that banks charge to lend money to each other. The Federal Reserve chairman changes this rate to influence the direction of the U.S. economy. Federal Reserve Banks 1. In 1913, the Federal Reserve … [Read more...]
How to Choose a Broker for forex trading ?
A brief guide outlining some of the points you need to think about when choosing a foreign exchange broker to trade with First and foremost are ‘spreads’ and how the broker deals with them. Spreads are important as the beginner needs to minimise his risk and reduce any costs when entering and exiting a trade. Usually, spreads are quoted by the broker as being ‘fixed’ or … [Read more...]