MetaQuotes Software Corporation has recently released the handy version of MT4 platform, which is suitable with Android devices. The company’s developers already presented the iOS version of MetaTrader 4 two months ago. Today, Android users can access the platform on their tablet PCs and smartphones. If you are worried about choosing the right brokerage company for this application, it is not a question. This is so, since MT4 for Android supports about 570 brokerage firms. The company envisions that the number will be increased in the coming months. Through this application, Android users can trade and analyze the market. Users can also watch quotes 24/7 and even assess the history of the deals that have been performed. Such wide array of options comes for free after Android users have
A rose by any other name would still smell as sweet. But that's not true when it comes to businesses. Would APPLE (the company) seem just the same if it was renamed? Most likely not. In this article we present 9 of the most popular brand names and the story on how they got their (brand) names and how they were founded. 3M Who doesn't like post-it notes? 3M, formerly known as Minnesota Mining and Manufacturing Company, is more commonly recognized as the makes of adhesives, laminates, car care products, medical and electronic products and much more. 3M was founded in 1902 at Lake Superior town with the intention to sell corundum which is used for making grinding wheels. The company was founded by five partners; Henry S. Bryan, Hermon W. Cable, John Dwan, WIlliam A. McGOnagle, Dr. J Dan
Contract For Differences, or CFDs for short enable the investor to trade on the price action of stocks and indices. CFD’s are high risk derivatives and can be traded without physically owning the underlying assets that are being traded. CFD's are popular because they can be traded on leverage, which is otherwise impossible. CFD trading makes for an ideal trading option for those looking for flexibility in terms of maximizing their profits whilst allowing them to hedge their risks. Trading CFDs can be efficient due to the market that they are market participants, thus allowing the investor to keep their costs low and be able to trade during market volatility. However irrespective of the flexibility offered by CFD’s they are not suitable for all kinds of investors. A CFD trade will act
Using charts in trading offers traders a visual interface into the marketplace. Traders make use of charts in order to understand the market dynamics that are in play behind the price action. No matter what you trade, stocks, options, forex or commodities, trading without using charts is like driving blind. Charts are relatively easy to grasp, perhaps because they are visual. However it can be misleading as most beginners in trading tend to use charts without having any basic knowledge to help them in their chart analysis. Charts do not predict the future price of the instrument, but when analyzed correctly can tell the trader a great deal on how to trade, when and what. There are many types of charts but the most commonly used chart types are Candlestick Chart Line Chart Bar...
It is often said that 95% of retail Forex traders fail and end up losing their entire accounts and while I can not confirm what the actual statistics are I can see no reason to seriously doubt these claims. Whatever the failure rate in retail Forex is I can tell you this, it is the vast majority who fail. If you were to ask a broker how many of their accounts were profitable however you may get a very different answer, they might tell you, for example, that 33% of their traders were profitable. But this wouldn’t mean that 33% of people who tried retail Forex trading were successful; because many more people would have failed and would no longer even have an account as a result and they would not even be counted. So why are so many people who try their hand at Forex trading so unsuccessf