About: jonywang
Recent Posts by jonywang
What is rollover rates
Rollovers are only applied to positions that are open at market close in New York. You can either earn or pay when a rollover is applied to your position. When trading a currency you are borrowing one currency to purchase another. The rollover rate is typically the interest charged or earned for holding positions overnight.Continue Reading
What are options
An option is a financial derivative representing a contract wherein a buyer is given the right, but not the obligation, to buy or sell a financial instrument at an agreed upon price and on a specified date in the future. Popular markets for such contracts include Forex options trading, indices options trading and shares optionsContinue Reading
What are CFDs
Contracts for Difference (CFDs) are financial derivatives that allow investors to speculate on whether the price of a specific instrument will rise or fall, without taking ownership of the underlying asset. Contracts for Difference have grown in popularity in recent years, enabling retail traders to invest in various financial instruments including forex, shares, indices andContinue Reading
Leading Economic Indicators
Economic indicators, or economic releases, are vital components to consider when making trading decisions. While some releases like Employment data or Retail Sales gives us a snapshot of an economy’s strength or weakness, some are a bit more subtle in their ways and can actually serve as a leading supposition of what’s to come forContinue Reading
What is day trading
Day trading is the practice of buying and selling a financial asset within a single trading day. Known as day traders, investors that follow this practice usually make use of high levels of financial leverage to maximise the profit they can earn from small market movements. Day trading is most commonly seen in the foreignContinue Reading
