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what does open interest mean in options
Replied 6 hours ago -
Open interest is the number of unsettled option contracts and the open interest value cannot be negative. The minus sign we see in the last column of this report just shows how many option contracts have been settled during the current day. So for the 11750 PUT, 4,891 out of 5,370 have been settled
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what is positive & negative slippage in forex?
Replied 7 hours ago -
2. Negative Slippage (Bad)
Negative slippage means you got a worse price than you wanted.
Example:
You want to buy at 1.2000, but you get filled at 1.2004.
You bought 4 pips higher → worse for you.
Or you want to sell at 1.2000, but you get filled at 1.1996 → you sold lower than expected.
In simple terms:
Negative slippage = you lose.
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Does playing chess help with trading?
Replied 9 hours ago -
It doesnt get talked about enough but chess really does help traders become better risk managers
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How does a raw spread account work in trading?
Replied 10 hours ago -
and with raw accounts theres no such thing as a break-even trade, the commissions will always be deducted later.
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| ⚖️Is Forex Trading in UK Legal? | Yes |
| ⚖️Forex Trading Regulator | Financial Conduct Authority (FCA) UK |
| 📅 Date Established | 2013 |
| Investor Protection | Financial Services Compensation Scheme (FSCS) up to 85,000 GBP |
| ✅No. of FCA Licensed Forex Brokers in UK | 15+ |
| 💰Average OTC FX Turnover for UK 2022 (BIS Survery) | 3.755 Trillion USD |
What is Forex Trading & How Does it Work in the UK?
Forex Trading is when you try to make profit from predicting if the exchange rate of a currency will rise against another currency.
To trade forex you pair two currencies together (example GBP/USD) & if you think the exchange rate of the pair will rise, you place a buy order for a specific quantity, to profit if you are right.
On the flip side if you think the exchange rate will fall, you place a sell order to benefit from the fall.
To be able to trade forex in the UK, you need to use the services of a forex broker whose function is to provide you the trading software, liquidity & enabling environment needed to trade.Forex trading in the UK is totally legit & is regulated by the Financial Conduct Authority (FCA) UK.
If you trade with an FCA licensed broker you are eligible for compensation up to 85,000 GBP if you suffer pecuniary losses due to broker bankruptcy etc.