The Binary Way

Forex trading is when foreign currencies are being Traded against each other, when one strengthens and the others weakens. The main purpose for every forex trader is to maximize profit by selling high and buying low. NEED TO KNOW ABOUT FOREX In forex Trading, you are purchasing a currency and trading it against another. For example, if you are to purchase the Chinese Yuan and sell the US dollars, you'll be going long CNY/USD. Overtime, the Yuan compared to the dollar exchange rate will change, and by the time you close out the trade you would either have made profit or face a loss when you later sell Yuan to purchase Dollars. When the trade is open, and let's say 100,000 yuan cost $13,500, if the price of dollar weakens, when you close the trade, you would have sold the 100,000 Yuan for more than you bought it, let's say you now sell it for $14,000 that means you made a profit of $500 on the trade. BROKERAGE  The Place where Forex trade are conducted are call

Cryptocurrency is more than a hobby since they’ve been introduced since the 90s, but cryptocurrency has started catching the eye of financial institutions and professional traders. As Bitcoin starts growing in popularity, financial advisors are facing hard questions and also decisions from their clients. They may talk about the risk associated with investing in Cryptocurrencies and educate them against it, but the final decision is still up to the clients. Advisors should be able to educate their clients on tax issues and other legal things related to cryptocurrencies that they need to know. BLOCK CHAIN TECHNOLOGY A ledger kept by all participants in the market is known as the Blockchain Technology. It can also be an incorruptible digital ledger of transactions that can be programmed to record digitally everything of value. Central banks print out physical currencies but cryptocurrencies rely on Blockchain technology to decentralize the process. In 2009 bitcoin became the