Recent content by veronica23andrews

Bulls think the markets will go up. Bears think the market will go down. 'Bearish' and 'bullish' can describe an individual opinion or a general market trend. A market in a long-term uptrend is called a bull market.

A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders

I look for brokers that provide leverage about 500x since that increases your chances to earn profit

Thanks for the information. Forex brokers charge a commission per trade or a spread for executing the orders.

If you are a beginner, you should go for less investment and try trading in smaller lot sizes so that you can understand the working. Once you are experienced, you can invest higher amounts.

I generally stick to the major pairs. However, the market being highly volatile these days, we can either make huge gains or huge losses, there is no in between. Nowadays, I am trading pairs where USD is the quote currency as they have a bullish trend and it is safe to trade in these pairs.

The golden rule for trading is to have patience. You are wrong if you are thinking that you can double your profits in a single day. Trading comes with practice gradually.