Nowadays, paper trading occurs in simulated (aka “sim”) trading environments within online trading platforms, so you can easily get comfortable with the platform’s features and workflow. Paper trading of stocks helps us learn how to execute trades efficiently; we try different strategies without any fear of losing real money in such transactions. But, in this […]
Read MoreThis activity can provide opportunities for profit but also carries risks due to the volatile nature of commodity prices. Understanding commodities is essential for anyone interested in global trade, finance, or economics. You have many choices, including futures markets, exchange-traded funds (ETFs), and more. But it’s important to understand that commodities and commodity-based investments differ […]
Read MoreWhen trading forex, it’s essential to strike a balance between your lot size, account balance, and risk management strategy. Remember that Oanda uses nano lots, so the number of units will be a little different than if you used a calculator that was built for MetaTrader or another trading platform. Use the table in the […]
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