How to reduce trading cost

In trading we have to pay the spread whenever we make a trade. In currency trading, now a days spreads have reduced a lot and on major pairs like EURUSD, GBPUSD etc brokers charge on average something like 1 pip. So whenever we make a trade, we have to pay 1 pip to the broker.… Continue reading How to reduce trading cost

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Exchanges Rates An Introduction For Traders

Currency traders trade currencies a lot on daily basis. But most currency traders lack an understanding of how exchange rates are determined and what role they play in an economy. In the modern world economy, exchange rates are simply unavoidable. Whatever the subject, exchange rates crop in. Talk about the domestic economy, stock market, upcoming… Continue reading Exchanges Rates An Introduction For Traders

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