Forex encyclopedia

Real estate market of the USA plays a great role for its economy and in the results impacts on currency rate. There are two key reports for housing building among residents of the country, one of which represents the number of new constructions of houses - Housing Starts. This is a fundamental indicator that provides the amount of houses in process of construction. This index consists of three parts: single-family houses, townhouses or small condos and apartment buildings with five or more units. Every apartment is considered as a single unit. For example, multistorey house with 50 apartments is accounted as 50 new house units. It is also noteworthy that single-family houses amount to about 85% from total amount of new houses.

We always hear people saying to control our emotions and trade carefully but we never understand them until we realize what they mean in fact. Below we will discuss this issue in details. Consider an example where we know how emotions lead you to lose: Suppose you have $500 of capital and you are trading. You took a high risk and thus you have lost $200. What finally remained is $300, you get frustrated and open again with an even more risky trade. Again you lose and come to $100. By following the same pace, you will end with zero balance. Let's analyze. You started with capital of $500 and lost $200 with $300 remaining. Your intention is to recover losses immediately and this is what we call an emotion. You have only thought of recovering money and you do not even think whether that situation is suitable for opening a trade or not.

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19.07.2019 New article added «Trade»

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15.05.2019 New article added «Forex trading secrets»

15.05.2019 New article added «Swing trading Forex»

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Forex encyclopedia

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Forex encyclopedia

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