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How to Trade Forex in the Euro

The euro is the currency of the European Union. It is the official currency of more than 300 million people in twelve countries. The euro replaced national coins and banknotes on 28 February 2002. The first countries to adopt the euro were Cyprus, Malta, and Slovenia. The following year, Latvia and Estonia joined the European […]

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How to Increase Profits and Decrease Costs

The bottom line is the profit generated by a business. This is usually located at the bottom of an income statement or set of accounts. The way to improve this figure is to increase revenue and decrease costs. There are some simple ways to do this. The first step is to analyze your business’s profit […]

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How to Use a Forex Strategy to Make Money on the GBP/USD Pair

A Forex strategy can help you make money without much interaction with the market. This strategy involves opening two opposing pending orders and selecting stop loss and take profit orders on each. Once one of the opposing orders is executed, you should cancel the other. This can produce a profit of fifty pips per day. […]

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The Best Way to Trade the Euro – EUR/USD Forex Trading

The euro is the main unit of currency in most of the European Union (EU). It is the primary currency of 19 EU member states and a number of non-EU countries and territories, including the Vatican City and Andorra. The euro is the second most traded currency in the world and the second most valuable […]

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How to Stop Losing Money in the Stock Market

When you lose money trading the stock market, the loss is the result of a large run-up followed by a large fallback. Because stocks are highly volatile, it can be hard to predict when they will hit the top or bottom. If you miss the top, you’ll feel as if you missed a huge opportunity […]

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How to Choose a Forex Strategy That Works Best For You

One forex strategy consists of holding both long and short positions. This helps to limit your risk by playing both sides of the market and offsets the downside. Holding both positions also helps you to gauge the trend direction and re-enter the position at a higher price. But be careful not to use too much […]

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How to Trade Forex in the Euro

The euro is a single currency whose value is set by the European Central Bank. Its creation has benefited the more developed countries in the Eurozone more than the less developed ones. The euro has helped large companies produce more goods at lower prices. This is a result of economies of scale and allows these […]

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How to Turn a $100 Deposit Into $80,000 After 1,000 Trades

A $100 bankroll can be transformed into $80,000 after a thousand trades. This is a profit of 7% per trade, or $2,416. Using the suggested strategy of one trade per day, a person can expect to make between 10 to 15 trades a week. The results will be seen after 500 trading days, or about […]

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How to Develop a Forex Strategy to Profit From Trends in Currencies

A forex strategy can be a great way to profit from the trend in currencies. This is possible if you can identify a trading range for a currency pair. This range will be the area where prices are above or below their previous lows. A straight line will also be helpful in identifying this trading […]

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How to Calculate Profit and Loss in a Business

A company’s net income is the amount of money earned by a business after subtracting its expenses. Essentially, profit is the portion of income that exceeds expenses. To determine profit, expenses must be recognized in the period during which the revenues were generated. After calculating COGS, subtract the costs of goods sold (COGS) from the […]

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