Day trading is a popular trading strategy executed on a day-to-day basis. While the strategy offers more to gain and less to lose, the risk potential is high for unregulated and unplanned executors. The strategy is like a fast-paced horse that can quickly reach the finish line but, if untamed, can throw the rider off […]
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In the forex market convention, a pip represents the smallest whole unit price move that an exchange rate can make. A pip is one-hundredth of 1% (1/100 × 0.01) which is represented in the fourth (0.0001) decimal place. A pip is a fundamental concept of foreign exchange (forex). Forex traders buy and sell a currency whose value
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Brokers offer traders several benefits, like a gateway to access the market, essential analyses, educational resources, graphical representations of the live market, different trading options, and more. One of the key perks of trading with brokers is the ability to trade margins. Margin trading is an advanced trading technique that allows traders to trade assets
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