Tag: forex trading

Forex broker HYCM
December 15, 2020 BY Steffy Bogdanova

HYCM explains how to invest responsibly in the post-Covid era

For professionals, leverage is reserved for certain high conviction trades. It’s used sparingly, only in certain situations, and never at the ratios that retail traders routinely use it. If you’ve just started your trading career and are using the maximum amount of leverage your broker offers you, then you’re begging for trouble. HYCM’s advice would…

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September 15, 2020 BY Steffy Bogdanova

5 tips on how to avoid losing money with forex trading

Watch your Leverage Every trader loves leverage, but don’t get carried away. You should always be aware of the value of your leveraged trade and manage your risks accordingly. Leverage creates the opportunity to generate large profits from very low investment. To learn how to use leverage for your growth, you can start trading using a Demo…

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August 04, 2020 BY Valentina Kirilova

Weekly data preview: central banks and the NFP

Key data this week Bold indicates the most important releases for this symbol. Monday 3 August, 13.45 GMT: American Markit manufacturing PMI (final, July) - consensus 51.3, previous 49.8 Monday 3 August, 14.00 GMT: ISM manufacturing PMI (July) - consensus 53.6, previous 52.6 Wednesday 5 August, 12.30 GMT: American balance of trade (June) - consensus…

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