How foreign currency trading is different from common stock trading? Risks of foreign currency as compared to
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Question:
- How foreign currency trading is different from common stock trading?
- Risks of foreign currency as compared to common stock trading
- What is currency pair? What is the base currency and quote currency in the currency pair?
- What is the meaning of long or short a currency pair? For example, what is the meaning of long EUR/USD?
- What is trading on margin (trade on leverage)? Advantages and disadvantages? What is the leverage ratio on Oanda?
- How to place a trade (market, limit or stop order) on Oanda?
- What are differences between market order, limit order and stop order? What is a PIP?
- What is open position? What is closed position?
- What are the risks of keeping a large open position over the weekend? How to control this risk?
- What is efficient market hypothesis and its implication on fundamental and technical analysis?
- Introduce/Share some technical analysis indicators/techniques to your team members.
Related Book For
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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