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CHOOSING A FOREX MARKET STRATEGY
Getting started in the Forex market can be quite difficult, because a trader has to learn a lot of information, to get new skills – choosing a Forex strategy, choosing an indicator, a currency pair, a time period, requires certain practices and knowledge. That is why experienced traders advise beginners to first carefully examine and consider everything, and then work on a training account, having received at least a minimum of practical skills.
Forex terminology highlights such a notion as a warrant in trade. You can make a sale / purchase of a currency on the market either by requesting a quote, giving Sell or Buy commands, or by placing orders — certain sales / buying orders of a specific currency according to the rate you selected in advance. Orders can be of two types: it is a stop order (Stop Order), a limit order (Limit Order), sometimes referred to as Stop Loss, Stop Profit, Take Profit. Continue reading
Effective development of the dealer network
Development of the dealer network is necessary because dealers help to sell. The more of them, the, as a rule, higher sales. Therefore, the development of a dealer network for a company that wants to have high sales is one of the top priorities. Networks themselves do not develop, they need to be engaged in, investing time, money and other resources, you need to constantly look for new dealers.
The search for new dealers is quite a difficult task, because there are nuances here. The problem is that dealers are of two types. Continue reading