Marketing is all about making
money, profit, and loss of investors who are participating in the market. If
one is earning profit from any deal, the other is certainly be facing the loss.
The difference between both of them is that the profit earner worked with a
strategy and knowledge and the loss earner lacked it in the process he
followed. It is not every time that the tricks work, experts offering Foreign
Exchange services in Tricity and other neighboring cities mention that regular
learning and good thinking prospect, readiness to learn new things and
knowledge is the most important thing that an investor should have. Here are
few terms used in foreign exchange that every investor should know –
Candlestick Chart – It is the elaborated chart that represents the
higher, lower, opening and the closing price, similar to the bar chart. In case
the closing in the chart is comparatively lower than the opening in the body of
the candlestick chart is filled in. On the other hand, if the opening is lower
than the closing, then the chart is left empty.
Carry Trade – An investment to buy a higher yielding currency for
the position with capital of any of the lower yielding currency, in order to
gain a visible differential of interest rate.
Chartist – This term refers to the professional technical analyst
or to the person who use to analyze the graphs, charts and other related data
to uncover the potential trends in the market.
Cable – This term is been used in the Foreign exchange to elaborate
and describe the rate of exchange between the British Pond and US Dollar.
Confirmation – It is a type of written document to verify the
completion of transaction or trade to include certain factors like fees, date,
commissions, terms of settlement, and the price.
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