Tuesday, October 8, 2013

Forrex Trading : Trading Mini Lots In Forex Reduces The Risks

Forrex Trading : Trading Mini Lots In Forex Reduces The Risks > Before Getting to The issue of mini lot itself, it is vital to make clear some crucial information about forex trading firsturrency trading always involves two currencies that are called currency pairn a currency pair one currency is called the base currency, while another one is quote currency or counter currencyase currency is the currency that the trader buys or sellshe first (stronger) currency in a currency pair (in a currency pair EUR/USD Euro is the base currency), while the second currency (quote) is considered to be weakerhe price of the stronger currency is expressed in the money equivalent of the weaker currencyor example, in the currency pair EUR/USD EUR is the base currency, given that it is more expensive than dollar and thus stronger, while USD is counter currency, simply considering that it is weakerhus, the price of Euro is expressed in dollars, e.: 1 euro = 1,5 US dollarst is crucial to remember that the loss or profit is always measured ... [Read More : Forrex Trading]

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Forrex Trading : Trading Mini Lots In Forex Reduces The Risks

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