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What is Forex? Introduction to the Foreign Exchange Market

Forex exchange market (name derived from FOReign EXchange) is an international market meant for broker companies, banks and investment funds trading currencies. Currency exchange market formed in the 70-s when the financial world passed from the gold standard to free currency pricing.

NIO: Buy Tesla at 5 Hotdogs' Price

NIO is just starting out. Founded in 2014 by William Lee, it had already managed to create EP9, a supercar, by 2016, which beat the world record on Nürburgring Nordschleife in Germany. The first electric car, NIO ES8, was released in mid 2018, while six months later, NIO ES6 appeared.

How to Create Your Own Trading System?

A trading system implies a method or a scope of rules, which allows traders to understand in a very short period of time what is happening on the market at the moment and assess whether there are chances to open a position.

What Do We Need Brokers For?

A broker is a term not only for financial markets: brokers provide their services in many different fields, but the general principle of their operations is similar.

Wolf Bullish Model: Any Reason to Buy Pfizer?

Today, we''ll focus more on technical analysis, using fundamentals only to confirm the tech analysis result or prove it wrong. In practice, tech analysis often predicts the events the retail investors are not aware of.

What is Trading and Who are Traders?

Let’s consider the etymology of the word “trading”. “Trading” is derived from English “to trade”. Thus, we may come to the understanding that trading is some kind of activity, which is related to buying or selling something.

Costco: Risks and Long Term Analysis

Costco (NASDAQ: COST) includes large stores and warehouses with domestic appliances, consumer electronics, clothes, and books. Besides, Costco chain includes gas stations, tire shops, and other services. It is not only a food&beverages company. This is why, even though Food&Bev sector is doing good, this won't mean Costco will be prospering.

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