Forex encyclopedia

Random article: Fear of Forex loss
Every trader faces problem to lose their own funds more than once. The fear to suffer losses during trading is a psychological component, which often is malicious towards trader and subjects them to more worries. This exact problem pushes trader to big losses. To avoid such disappointment and attain success on the currency market, first of all you need to learn to treat the situation as it is. Getting rid of the fear, trader gets additional tranquility and in the result a more successful and profitable trading. How to get rid of the fear to lose your capital? The answer to the question is simple. First of all, you need to cut your fear to the minimum. What do you need for that?
International exchange market (Currency exchange) — is the exchange, where operations on purchase and sale of currency take place between participants of the Forex market; Currency operations – contracts of participants of currency market on purchase and sale and settlement, conversion operations etc.; Currency rate (currency quote) — the price of currency unit of one country expressed in currency unit of another country. Open position – is the trade for purchase/sale, which is not closed and is present on market.
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