What does a short position denote when trading currencies?

A forex position is an amount of a currency that an individual or entity owns, which then exposes them to the movements of that currency against other currencies. The position can be either short or long. A forex position has three characteristics: The amount of currency owned. Whether the position is short or long. The …

The best advice for beginners in forex trading

As a beginner in forex trading, you probably feel a bit overwhelmed by all of the information and terminology you are encountering. However, don’t worry – we have compiled some of the best advice for beginners in forex trading to help you get started on the right foot. Don’t put all your eggs in one …