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what does open interest mean in options Replied 3 months ago - If there is 1 buyer that has bought the contract and 1 seller that has sold, that amounts to 1 open interest. So that is essentially all unsettled contracts that are still open.
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can i sell call option before expiry? Replied 3 months ago - Yes, you can sell option before expiry. But you must ensure the market is liquid enough, meaning there are enough buyers for the options or you are going to be stuck selling to some shit head buyer that will give you an unfair price.
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what is quant trading, how do i start a career in it? Replied 3 months ago - Yea i heard of that Bangladesh techie Kairan who is leaving space-x for citadel hedge fund. What of Black Rock are they also a quant trading firm?
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what is strike price meaning in options trading? Replied 3 months ago - Strike price is like the price at which the option contract is awakened and can be used or exercised. As long as the market value of the underlying future has not reached the strike price, the option remains dormant and out of the money.
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how exactly do regulators monitor forex brokers? Replied 3 months ago - I think the brokers are supposed to render reports on their activities to the regulators, who will then scrutinize them.
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when do futures open on sunday? Replied 3 months ago - 6 PM EST is when the futures market opens for trading every Sunday (except when the stock exchange is on market holiday or something). On Sundays you may not get good liquidity on some futures so the best futures I trade on Sundays for good liquidity are S&P 500 futures mini, crude oil futures, and gold futures.
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in the money vs out of the money options, whats the difference? Replied 3 months ago - I think "at the money" often means when strike price equals current futures market price. Ath the money is not yet a profitable contract because by the time you deduct cost of buying the contract, it collapses back into unprofitability. In the money is when the option is really in profit because current market price has already exceeded strike price so even if you deduct the premium (cost of buying the option) chances are you will be left with a profit (except the premium is very high)
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How long does it really take to get the hang of forex trading? Replied 3 months ago - For me it took one year of constant practice
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what is CFD trading & why is it popular? Replied 3 months ago - To add to what @skyfall has already said, CFDs are different from betting because in betting the profit/loss outcome is a fixed amount which you will already know from the onset. However, in CFD trading the amount you will profit/loss is not known at the beginning because it depends on the price at which you exit the contract at. Let's say you entered a long EUR/USD CFD contract at price 1.1625, to make profit the price must rise above 1.1625. You are free to exit the long CFD contract at any price you like; the higher the price you exit at, the more profit you make and vice versa.
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why do you need $25,000 for day trading in the US? Replied 3 months ago - They don't want you to trade, the US authorities prefer people go into investing rather than trading.
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what is the meaning of "spreads from 1.2 pips" ? Replied 3 months ago - Spreads from 1.2 pips is kind of on the high side, find a broker that charges lower spread.
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why is the spread so high at night Replied 3 months ago - Because at night there are not many people trading so the broker widens the spread as a way of discouraging you from trading.
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Basic Concepts Every Beginner Should Understand Before Trading Forex Replied 3 months ago - I would say understanding how to think in probabilities is essential. Beginners need to understand that there's always a probability that a trade will fail. So, with that in mind beginners should be ready to accept a loss without letting it affect their emotions towards the next trade.
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since deposit bonus is not withdrawable, then what's the point? Replied 3 months ago - It adds to your account equity, so that you can set a wider stop loss on trades than you would have without a deposit bonus.
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How Can I Start Forex Trading in Kenya as a Novice? Replied 3 months ago - I started by downloading a forex trading app to my phone, then I started fidgeting with it. I opened a demo account (which contains fake money) and began to place random buy/sell trades. From there, I got more curious and started watching YouTube videos on trading. I noticed they were using industry vocabulary such as spread, stop loss, position, lot, margin, etc. so i googled the meaning of those terms online. I then went back to my forex app and kept practicing on how to place orders and set stop loss. I didn't that for some weeks before I opened a real trading account and deposited $20. I started trading with real cash and I lost all the money. I went back to the drawing board to find out why I lost those trades. I watched more trading videos on YouTube, and joined an online forex trading community. I funded my account again and kept trading till i started getting profitable. So, if you want to start forex trading in Kenya i suggest you do the same.
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what is the difference between a forex trader & a gambler? Replied 3 months ago - Honestly, I think it comes down to having a plan. A trader works with strategy, risk management, and actual data, while a gambler usually just bets and hopes for the best. I learned that fast after blowing a small account just pressing buy/sell on gut feeling. Since then, I've stuck with setups and tested stuff out on platforms I trust. Been checking https://axiomtrade.xyz/axiom-trade/ lately too—looked into it with a few friends and so far, looks pretty solid if you’re careful and do your research.
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who is the richest forex trader in Nigeria? Replied 3 months ago - To answer your question, no one really knows. Nobody can tell who is the richest Forex trader in Nigeria. Because that may jeopardize them or their family or they just don't care about show casing their life. I imagine it like this If you were making money trading. You wouldn't be wasting your time for 60 dollar a month teaching someone to trade. Anyone can spot a fake if they try hard enough. You barely see habbyfx trading. All you see him doing is showing off his watches and cars.He is either out in the mall buying stuff or in his pool like a merman, When does he trade??? Also if you are so good why not show case your income tax returns, surely that can prove everyone wrong. His live trading sessions are just him sitting in front of tradingview chart making random calls out of his ass. His chosen broker that is supposedly paying millions to him, is neither regulated nor known.If i was trading with that broker and had a million bucks deposited with them, i would be worried but he doesn't care.. Now go figure.
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how much can i make from trading nfp? Replied 3 months ago - It depends on the instrument you are trading and the lot size too. For last month's NFP, if you had traded a 0.1 lot size of eurusd, you would have made at least $116 or 116 pips.
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why is it called vanilla option? Replied 3 months ago - The term "vanilla options" was coined from vanilla ice cream because vanilla is the cheapest of all the ice cream flavors. So, vanilla options are the most common & entry-level option types that beginners can afford. This also means there are more complex & expensive options, but vanilla is the cheapest one for beginners.
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How much is R100 in bitcoin in South Africa Replied 3 months ago - Yes, you can purchase BTC with a R100, or even lower, It’s really your choice. 1BTC is over R2,000,000 at the moment, this means a R100 won’t do much for you with BTC at its peak threshold, I therefore advise you purchase other coins with high future potentials or wait to purchase BTC when the market is at its lowest. You can look up the BTC fear and greed index to know when to buy & when to sell BTC.
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