The Bid price is the price a forex trader is willing to sell a currency pair for. Ask price is the price at which a trader will buy a currency pair. Both of these prices are given in real-time and are constantly updating. So for example, the British pound against the...
A bid-ask spread is the amount by which the ask price surpasses the bid price for an asset in the market. Essentially a spread is the difference between the ask price and the bid price. In other words, it is the cost of trading. For instance, if the Euro to US dollar...
In forex, currencies are always traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. For example, EURUSD, means that the base currency is the Euro and the quote currency is the US Dollar. The quote...
In foreign exchange (Forex or FX) you exchange one currency for another with the intention of making a profit. The "Majors" in Forex are the seven most traded currency pairs. The Majors share certain characteristics that make them more popular for traders. These...
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Stock Portfolio performance 18/6/2021
Bitcoin is the world’s largest cryptocurrency by market capitalization and is now on rise again pushing over the $40,000 mark for the first time since late May. As you can imagine, the CEO of Tesla, Elon Musk has a lot to do with this price increase. Elon Musk, suggested over the weekend that the electric car manufacturer could start using the digital currency as payment once more just a few weeks after ruling it out because of its allegedly unsuitable energy usage involved in mining.
Stock Portfolio performance 11/6/2021
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Everybody is talking about inflation. What’s inflation impact on stock returns?
Just like in real life, your wallet must be protected from theft. At the core of cryptocurrencies is the idea of self-sovereignty the notion that users can act as their own bank.
At first, you need to understand why choosing to invest in dividend stocks is a good strategy, especially for long-term investors and for people who would like to generate passive income.
A bear market refers to a widespread decline in asset prices of at least 20% from recent highs. Clearly, these times are nothing to look
Stock Portfolio performance 7/5/2021
One of our new additions to our portfolio is Amazon. The Company operates in the consumer cyclical sector and Internet retail industry.