
How to Set a Take Profit in Forex?
This article will introduce you how to set a take profit order on the MT4 platform, as well as the principles and skills of setting a take profit order.
This article will introduce you how to set a take profit order on the MT4 platform, as well as the principles and skills of setting a take profit order.
With the increasing development of information technology and the wide spreading of financial knowledge, most people have realized the importance of wealth management and investment.
After learning some basic knowledge of the financial market and forex trading, investors should be well-prepared and pay attention to some details before entering the market.
This article will explain the common signs of a bear market and the phenomenon of a bear market rebound, and give advice on bear market investment strategy.
In a broad sense, a financial market refers to a market whereby parties, no matter from the demand-side or supply-side, distribute capital resources through various financial tools. As a crucial stabilizing element in a capitalist economy, the financial market includes stock markets, bond markets, foreign exchange markets, commodity markets, and all derivatives markets.
Commodities are tangible assets, including agricultural products, raw materials, energy, and metals, which are often used in daily life as the basis for the production of goods and services. Commodities are normally described by “Bulk”, which generally refers to the asset class that is large in number or volume and involves considerable storage space.
Spot trading refers to transactions that take place on the spot markets, where buyers and sellers need to deliver goods immediately or within a few days after closing the deal.
Over-the-counter trading (OTC for short), also known as off-exchange trading, generally refers to trading activities not conducted on the central exchange, but through the “dealer network”
CFD, or Contract for Difference, is a relatively new type of derivative in the financial markets, where investors can start trading after paying a small amount of margin to banks or brokers according to the agreement. Most CFD transactions cover a variety of financial assets and commodities, including forex, precious metals, energy, stocks, indexes and crypto currencies. In theory, investors can trade all “underlying assets” through the concept of CFD.
Retail foreign exchange trading has become popular since 2000. Comprising numerous forex brokers across the world, the ecosystem of this industry runs different types of trading models. These types of trading models have their unique names—DD, NDD, MM, STP, and ECN are among those commonly seen.