Trading gold vs trading forex Gold has traditionally been seen as a store of value, precisely because it is not subject to the whims of governments and central banks as currencies are. Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or This Forex Trading for Beginner’s Guide will give you all the information you need so you can start trading Forex. You’ll learn what forex trading is, how to trade forex, how to make your first trade, plus our best forex trading strategies. By the end of this guide, you’ll be equipped with the right knowledge to tackle the world’s largest capital market. With the right trading strategy and spread-betting platform, trading gold more or less resembles Forex trading. Gold trading strategies are diverse and mostly encompass fundamental, sentimental, and technical analysis. Gold is usually priced in US dollars, which helps in market analysis. We will, therefore, look at the reasons why you should So here’s what you’ve learned in this Forex Trading for Beginners guide: Forex is traded by the banks, corporations, and individuals; The 3 main Forex sessions: Asian, London, and New York; A pip represents the smallest price change in Forex; The 4 main types of orders are: Market, Limit, Stop, Stop loss
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