Online quotes of gold and silver on the stock exchange in real time
Gold and silver are the most popular assets that are used both for investment and for making money on the stock exchange.
The cost of precious metals is displayed as a pair of XAU/USD for gold and XAGUSD for silver. Traditionally, the price is indicated in US dollars.
Below is an online quote for gold and silver, which shows the real value of these metals at the moment:
Trading non-ferrous metals on the stock exchange
Futures are one of the most popular assets traded on the exchange today.
This category has its favorites, primarily gold and precious metals such as silver and platinum.
But besides precious metals, the metatrader trading platform has other assets from the metals category; they can also be used for profitable trading on the exchange.
If you paid attention, now in the trading platform of almost every broker, in addition to precious metals, you can also find non-ferrous metals - copper, nickel, aluminum and zinc.
News feed in the metatrader 5 trading platform, its advantages and disadvantages
The MetaTrader 5 trading platform , developed by MetaQuotes Software, is one of the most popular and functional tools for online trading in the world of financial markets.
One of the key elements of successful trading is the rapid receipt of market news and economic data, which can have a significant impact on pricing.
The importance of news for trading cannot be overstated as it can cause volatility and provide trading opportunities. MetaTrader 5 has a built-in news feed.
This feature allows traders to stay updated with the latest developments without having to leave the trading platform. This ensures immediate response to news signals and adaptation of trading strategy in real time.
S&P 500 stock index and how to trade it on the stock exchange
The S&P 500 stock index is one of the most important and recognized indicators of the state of the American economy and the stock market.
It includes the 500 leading US companies with the largest capitalization, S&P (Standard & Poor's) these tools create a complete picture of the state of American business.
The Standard & Poor's index is used by financial analysts to evaluate a country's economy and by traders to make money on its price fluctuations.
The S&P 500 trades from 9:30 a.m. to 4:00 p.m. Eastern Standard Time (EST) Monday through Friday.
Swap for gold, how large is its size and how does it affect the outcome of the transaction
When trading gold on the exchange, there are two types of commissions, the first is the spread, which is charged when opening a transaction, and the second is the swap, which is charged when the position is rolled over to the next day.
That is, if you made a purchase of gold today, and close the transaction only tomorrow, then a certain amount will be debited from your account for transferring the position to the next day.
The amount of the charged swap directly depends on the amount of the transaction, the size of interest rates and the brokerage company through which you opened it.
If your trade is not closed on a weekend or holiday, you will still pay Swop for those days, even though the exchanges are closed.
Regulations for trading operations on the stock exchange, a document on which a lot depends
You already know that the regulations for non-trading transactions regulate the financial relationship between the client and the broker, as well as the rules for using the trader’s personal account.
It is logically clear that there is also a document regulating the implementation of exchange transactions, including other important issues directly related to trading.
Such a document is the “Regulations of Trading Operations”; it can be found on the website of any brokerage company or in the trader’s personal account.
Since the document specifies the basic rules for opening and maintaining orders, familiarization with it is a mandatory step before opening transactions on a real account.
What you need to know about the broker's regulations that regulate non-trading operations
You already know that the main document regulating the relationship between a trader and a brokerage company is a client agreement .
But this document includes only the basic provisions and description of the rights and obligations of the parties, that is, what is not directly related to the implementation of transactions.
All important points are spelled out in more detail in two documents: the regulations for non-trading operations and the regulations for trading operations.
Therefore, before opening the first trade on a real account, it is advisable to study these two important documents, and only then start trading.
What is a “Client Agreement” from a stock broker?
Unfortunately, most of us are already accustomed to automatically agreeing to any regulatory documents when registering on a website, simply by checking the checkbox in the right place.
Almost no one reads the conditions of registration or additional documents that govern the company's activities.
But still, it will not be superfluous to have an idea of this or that document on the basis of which your trading on the stock exchange will be carried out.
One of these important documents is the “Client Agreement”; it is present in every brokerage company.
What is 1 lot of gold equal to, and other important indicators when trading on the stock exchange?
For thousands of years, gold has been one of the most popular assets, the precious metal is widely used for investment and is a guarantee of currencies.
In ordinary life, we are accustomed to the fact that the weight of a precious metal is measured in grams, kilograms and tons.
But on the exchange, the weight of gold is measured in troy ounces and standard lots; these are precisely the measures of measurement used in quotes and exchange transactions.
What is one troy ounce equal to and the features of its calculation - https://time-forex.com/info/troy-ounce
In order to trade gold professionally, you need to know such concepts as quote, lot, point, spread and swap.
Troy ounce and what is measured in it, application in stock trading
The Trinity ounce is a unit of mass that is used when weighing quite a few materials.
1 Trinity ounce corresponds to 31.1034768 grams; it is this value that is officially used when converting ounces to the usual measure of scales and vice versa.
We can say that one kilogram contains 32.15074656862798 troy ounces or one ounce, which as a percentage is about 3.11% of 1 kilogram.
In stock trading, this unit of measurement is used when trading assets such as gold, silver, platinum and palladium.
Statistics on the popularity of currency pairs on the Forex exchange
The decision-making psychology of most people is based on the principle that if others do it, then it is right and profitable.
Surprisingly, this approach in most cases brings excellent results, this also applies to the choice of a currency pair for exchange trading.
As a rule, the most popular asset has the greatest liquidity, which means that when opening transactions using it, the smallest spread is charged.
Calculating the most popular currency pair is quite simple: just compare the spread and commission and find the asset with the lowest indicator.
System requirements for stable operation of the metatrader trading platform
When working with a computer, the biggest problem is that the programs you are using freeze or malfunction.
The main reason for such failures is the lack of computer resources that can be allocated for a specific program.
And if in most cases a software failure is simply a nuisance, in the case of trading programs this can result in financial losses.
Therefore, it is so important to know what requirements the metatreder trading platform makes for the resources of the computer used.
Why do you need an mql5 account in metatrader and is it worth registering?
Today, one of the most popular programs for stock trading is the metatrader trading platform of the fourth and fifth versions.
Metatrader has gained particular popularity not only due to its wide functionality and the ability to create new scripts.
But also because the trading platform, in addition to its main function, organizing trading, also represents a community of traders.
Beginners often don’t understand why they need to register an account in the mql5 community, because everything works that way. Therefore, we will try to figure out what advantages such registration provides and how it goes.
Metatrader 5 User Guide, everything you need to know about the capabilities of the MT5 trading platform
Lately, most people prefer to learn new software intuitively.
That is, not using instructions or a user manual, while reading the instructions before working with the program allows you to most fully study its capabilities.
The metatrader 5 trading platform is one of the most popular trading software; knowing all the nuances of working with MT5 will allow you to use this program as efficiently as possible.
In this case, there are two options for gaining access to the MT5 user manual - call up help by simply pressing “F1” when the trading platform is running, or download the Russian-language instructions at the end of this article if your platform has a version in another language.
Information you need to trade Forex
Information has always been the basis of successful trading on the stock exchange. In some cases, the success of the transaction depends entirely on the availability of the necessary information.
In the course of his work, a trader has to analyze changes in exchange rates, be prepared for news, and also calculate various parameters of transactions.
At the moment, there are quite a few sources that provide all the necessary information for trading on Forex.
These include various informers, event calendars, calculators for calculating important indicators, charts and other useful tools.
Universal calendar of Forex holidays with choice of country and for any year
As has been said more than once, holidays on any exchange, including Forex, always play a big role.
This is primarily due to the fact that before the weekend market liquidity , and with this comes a widening of spreads and an increase in other commissions.
In addition to the fact that you will have to pay an additional swap for all holidays, the opening of trading sessions after a long break is often marked by price gaps, gaps.
And no one needs to explain what price gaps against an open position are fraught with.
Therefore, most traders always try to take into account the availability of a day off on a particular exchange when planning their transactions.
Stock exchange commission when trading securities, how much the broker will have to pay
Stock trading has always been a highly profitable activity, and where there are high profits, there are high commissions and payments.
If you decide to trade shares of companies, then be prepared to pay for opening trades and maintaining them, in addition, there may be other types of payments.
Some of the existing commissions are charged by the stock exchange, and the rest are taken by the broker, who organizes the trading process.
It simply cannot be any other way, and if it does happen, then most likely you have encountered scammers whose reward will be your deposit.
Today, the stock exchange commission consists of several payments, their size depends on the selected asset and the volume of the opened transaction.
The best free trading training for beginners from professionals
To become a professional in any business, you need to study, and if this business is related to making money on the stock exchange, then you need to study twice as much.
Some people like to search for the necessary information on the Internet, others prefer to read books about trading , but the most effective option is specialized courses.
At the same time, there is an opinion among novice investors that good courses are expensive and you will have to shell out at least a couple of tens of dollars for one lesson.
But in fact, there is also free trading training for beginners, which allows you to gain the necessary stock trading skills.
Moreover, unlike various expensive courses that are conducted by rather dubious individuals, here you will receive not only free, but also high-quality trading training.
Swap size for currencies, stocks, futures and other exchange assets
For those who trade within one day, the size of the swap does not play a special role, because this commission is taken as a fee for transferring the position.
And if you open and close transactions on the same date, then you are charged only the spread, and there is no swap charge.
It’s a completely different matter if you prefer to hold a position for several days or even months, here this parameter can already play an important role.
In addition, there is such a strategy as Carry trade , which allows you to make money on the difference in discount rates.
Therefore, in this case, it would be useful to know the size of the swap in order to take this indicator into account when calculating the financial result or when planning a trading strategy.
Forex work on May 1 and other May holidays
This year, May 1 falls on a Friday, so many traders are interested in how the exchange will function on this day.
In addition, May is the month of May for many other equally significant holidays that may affect Forex trading.
Therefore, you should be prepared for surprises and close existing transactions in a timely manner so as not to pay extra commission for transferring positions over the weekend.
In May 2020, exchange trading is not carried out or is carried out with restrictions on the following days: On
May 1, 2020, trading is closed for ruble assets, transactions for other currency pairs and assets are opened as usual .
Trading will resume in full without restrictions only on May 4, 2020.
Economic calendar for trading on news and more
News is simply of great importance in stock trading, as it affects the price of almost all traded assets.
A lot of strategies are based on news ; they should also be taken into account when planning new transactions and managing existing positions.
Therefore, it is so important to know information about a future event in advance and react in time to the release of news.
The timing of many upcoming news events is known in advance and displayed in such a good tool as an economic calendar.
One of its options is already present on our website - http://time-forex.com/kalendar , but it is always good if there is an accessible alternative.
We will provide money to the trader for trading on Forex
There is a category of traders who have been consistently earning money on Forex for several years; their earnings are not great, but they are stable.
Their main problem is the lack of money to increase the volume of transactions, since an increase in this indicator due to leverage will break the entire trading system.
You are about to register a PAMM account and act as a manager, but then you receive a call with a tempting offer: “We will provide money to a trader for trading on Forex.”
Tempting because, based on it, you receive initial capital immediately and you do not need to earn a reputation for years as a PAMM account.
What can you see in the account history of a trader’s trading terminal?
The trading platform is a multifunctional tool for carrying out financial transactions on exchange and over-the-counter markets.
Despite the variety of software, all terminals can be divided into 2 categories:
- Trading.
- Analytical.
Few novice traders have heard of the second group of terminals for making money on financial markets.
What distinguishes them from the well-known ones is the variety of integrated analytical tools that are not provided by the developers of trading platforms.
Analytical terminals are used by traders solely to assess the current market situation.
Specification of Forex instruments.
The Trader's Terminal has long become a familiar program for everyone who trades Forex; it is an excellent assistant with simply enormous functionality.
It is the versatility that often prevents the terminal from being used to its fullest; most traders simply do not know all the functions of this program.
Using the platform only for opening orders and conducting technical analysis and forgetting about its other capabilities.
swap value for a currency pair on our broker’s website or tried to find out the size of the minimum volume for Bitcoin.
The best books on trading
The phrase “The exchange is accessible to everyone” best characterizes the current state of affairs, because anyone can pick up a tablet or sit down at a computer monitor and start trading on the exchange.
However, beginners often confuse the accessibility of financial markets with making money on them, because simply opening transactions, buying currency or shares is not enough to earn money.
The problem is that many people don’t even think about the fact that a trader is not just a fancy word or definition, a trader is a profession that takes years to learn!
There are many ways to learn the profession of a trader today. These are video lessons, useful articles on websites, various web binars and even personal meetings with teachers who know how to trade on the stock exchange.
Moreover, in practice, there is no difference whether the training is paid or free, because everything will actually depend only on your ability to obtain knowledge and put it into practice.
Forex regulators
The popularization of the Forex exchange among the population of Russia, as well as the CIS countries, has necessitated the regulation of this area of activity.
The fact is that trading on the currency exchange involves the use of an intermediary, namely a broker or DC which will bring your transactions to the interbank market for a certain fee in the form of a commission.
Since many CIS countries do not have regulatory bodies for this type of activity, brokers began to abuse their powers.
The fact is that according to statistics, almost 90 percent of beginners lose their first deposit.
Based on this, many companies began to imitate brokerage work, slipping in various incorrect quotes, delays, artificially causing the loss of the trader’s deposit, leaving it in their account, and at the same time transactions are not brought to the market.
Discount rates when trading forex
Despite the fact that there is always a heated discussion around news trading about the effectiveness or ineffectiveness of this method, nevertheless, based on important key statistics, the majority of traders, as a rule, agree on the impact on the movement of quotes.
Yes, you as a trader can completely refuse trading on news, however, not paying attention to the publication of important strategic economic data is simply tantamount to suicide of your deposit.
It has also long been a proven fact that there are almost 100 percent news that have a huge impact on the Forex market, and discount rates are among them.
Discount rate. Impact on exchange rates
The discount rate, or most likely its change, is the most important tool in the hands of the head of the national bank, with the help of which the value of money is directly influenced.Forex indicator rating
Indicators are the most popular tool for traders to analyze the market.
Almost every second trader who comes to systemic trading creates his own strategy directly based on several technical indicators.
If previously only a few standard tools were available to everyone, now the variety and quantity of certain technical indicators is simply surprising.
Actually, as our experience shows, a lot is not always good, since traders often have to sort through dozens or even hundreds of indicators in order to select at least something working and relevant in this mountain of garbage.
Trading systems from ForexClub
, the issue of preserving personal funds is very acute If earlier banks allowed their interest to cover the inflation rate, now even when investing in a reliable sector it is quite difficult to save your money.
Therefore, the Forex market with its opportunities is increasingly beginning to gain popularity as a place where you can not only save your capital, but also increase it.
Of course, in order to become a trader and learn to show truly stable results, you need to spend more than one hundred dollars, and you shouldn’t even talk about the time that you need to spend on developing your own idea and polishing it.
Review of training courses from Alpari
To become a professional in their industry, each person must have
highly specialized knowledge. Despite the abundance of advertising and promises that every beginner can make money in the financial markets, in fact the reality turns out to be more bitter than sweet fairy tales and promises.
The fact is that few ordinary people treat trading as a profession, and because of advertising at every step how someone earns thousands of dollars a day, everyone has the delusional opinion that financial markets are a bottomless barrel with which one can just pump money.
However, the reality is that only professionals survive in the market, and the trading profession is so intellectual that few people can master it.
The best books about forex trading
All experienced and professional traders began their journey with training.
Of course, in view of the developed information space, there are many sources of information, various articles and video lessons, but as practice shows, it is books that have the best effect on a trader during his training.
Each book is a source of knowledge, and if we talk about books on stock trading, then these are also stories of successful people who were able to identify the main thing from a bunch of unnecessary information.
It is worth noting that the effectiveness of a particular market analysis method is not spoken of by fabulous words, but by real successful traders who have put all their experience on paper.
On our website in the Forex Books you can download a simply gorgeous set of books. However, in order not to create a mess in your head, we decided to make mini recommendations on books, reading which will bring you great benefit and teach you the basics of trading.
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