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Home Financial Literacy. Why Forex trading is becoming popular in Nigeria by Olumide Adesina. May 15, Comments Adedayo Adesina says:. May 21, at am. Johnson Bamidele says:. February 22, at pm. Olisa Johnson says:. August 1, at pm. August 24, at am. Olupadebosede Yahoo. Com says:. August 28, at pm. Busari soliu says:. October 26, at pm. Anderson says:. October 3, at am. Ezekoye Theophinio Emeka says:. October 28, at pm.
Hills Clark says:. Therefore, when a given currency pair exchange rate moves, the market trends. According to Dow, you need to analysis highs and lows to be able to determine a trend. An uptrend is formed by higher highs and higher lows, while a downward trend is formed by lower highs and lower lowers. A primary trend usually lasts more.
Finally, a minor trend represents the noise of a market within the secondary trend, usually lasting less than 3 weeks. Candlestick analysis is a Japanese type of chart analysis that goes back to the 18th century. It is still one of the most popular ways to read charts today. A bullish candle usually has a white or green body, while a bearish candle will usually be black or red. Conversely, the shorter the candlestick, the more indecisive the market.
The FX market is quite popular among newcomers, and has never been easier to access. If you use leverage and margin trading wisely, you can make a lot of money trading currencies. Deciding what kind of trader you are, based on your personality, and building your trading strategy accordingly, however, is a different story. The more you know about Forex and trading, the better you will trade. So, be patient, dedicated, and committed to keep learning about trading and improving your strategy.
Eventually, you will develop the skills to be profitable in Forex trading over the long-term. This article is brought to you by the courtesy of Tickmill. This article was originally posted on FX Empire. The Dow Jones rallied amid encouraging inflation data. Apple stock surged. Stop investing in mediocre businesses.
Buy the best, instead. Despite all the attention that renewable energy companies get, having operations in the renewable energy space alone does not make a stock a buy. In fact, several renewable energy companies are struggling just to stay profitable.
Let's discuss two renewable energy stocks that look attractive right now, and one that's best avoided. Julian Bridgen, co-founder and president of Macro Intelligence 2 Partners, joins Yahoo Finance Live to discuss this week's market action and whether or not it will carry over into next week, the Fed, and inflation.
The market is unstable. As of p. ET, Aurora shares were still down The stock market is a game of risk and calculation, and in recent months the risks are mounting. The first quarter of showed a net negative GDP growth rate, a contraction of 1. The stock market selloff has made many stocks look cheap—but smart investors need to be selective. Here are six high-quality companies that trade at reasonable valuations.
However, the dip won't represent a national home price correction, Qualcomm CEO Cristiano Amon weighs in on the outlook for the semiconductor industry and his company's future. Risk and reward are the yin and yang of stock trading, the two opposite but essential ingredients in every market success. And there are no stocks that better embody both sides — the risk factors and the reward potentials — than penny stocks. Even a small gain in share price — just a few cents — quickly translates into a high yield return.
Of course, the risk is real, too; not every penny stock is going to show th. Choosing between two depends on whether you'd rather pay taxes now, or later. Some investors turned to nonfungible tokens in search of a haven among digital assets in the first quarter. However, the bets soon turned sour. Upstart caught fire among investors because of its AI-based service that it touts as a more accurate judge of creditworthiness than the FICO score and standard bank determinations.
One of the main concerns investors had with Upstart's quarter was the number of loans it held for sale on its own balance sheet this quarter. The stock market pulled back from the brink of a bear market as rate-hike expectations eased, at least for now. Here's what it will take to signal a bottom.
Forex trading can be an exciting and lucrative activity, but it can also be tough, especially for beginners.
|Forex analytics org||A lot of opportunities abound as the market is very liquid with a lot of volumes. As Forex trading is often offered with leverage, potential profits are magnified, along with potential losses. Some experts interviewed by Nairametrics broke down the reasons why forex trading is becoming popular in Nigeria. Your email address will not be published. I will be very glad if you could serve as my guidance on this forex trade sir.|
|Forex profitable vehicles||Leave a Reply Cancel reply Your email address will not be published. This is different from equities markets where you are only allowed to short-sell during an uptick. The more you know about Forex and trading, the better you will trade. Good evening sir. In forex trading, you trade currencies in pairs; when you are bearish short on one currency, you are bullish long on the other.|
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|Forex profitable vehicles||There's also live online events, interactive content, certification prep materials, and more. They offer different profit opportunities and carry different risks. According to her. The most liquid financial market has always been the forex market. As such, there are no exchanged fees or clearing charges that you experience when trading stocks, ETFs, or bonds.|
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