Use the wisdom of the experts, ask questions to your mentors or groups, and discover new and powerful strategies. AvaSocial is offered in partnership with FCA regulated Pelican Trading. Enjoy your own transparent network of like-minded traders, chat with friends and receive direct access to market opportunities all while staying one step ahead of the herd. Receive continuous real-time updates about your friends and experienced traders on your newsfeed, see what they’re doing, then comment, share, like a trade or simply copy trading signals. Social trading brings the collective wisdom of the experienced traders direct to you. Most technically-inclined traders …

The Forex market is an excited and fast-paced market, hence, it appeals to a lot of ‘retail traders’. You probably have participated in the Forex market without even realising it. For example, if you are from the United Kingdom and you plan to go on holiday to the United States, you will of course need dollars to spend. At ForexSignals.com we keep things simple and will offer you direction along the way. Time will tell if my inherent skill will support success in trading. First impressions lead me to be confident that my forex investment entry into the world of …

Jack is simply saying that you need to find a trading style that fits your personality. Day trading is not for everyone, you just need to discover the best approach that suits your traits. Your experiences will not only ensure that you don’t repeat your mistakes, but it will also make you trust your own judgment over the others. You don’t need to know what is going to happen next in order to make money. “Why do casinos make consistent money on an event that has a random outcome? Because they know that over a series of events, the odds …

Rumors spread that the European Central Bank would force Cyprus to sell its gold reserves in response to its financial crisis. Major banks such as Goldman Sachs began immediately to short gold bullion. Investors scrambled to liquidate their exchange-traded funds and margin call selling accelerated. George Gero, precious metals commodities expert at the Royal Bank of Canada Wealth Management section reported that he had not seen selling of gold bullion as panicked as this in his forty years in commodity markets. In trading commodity futures, you typically only have to put up about 10% of the total contract value. This …

Tick values on indices is the minimum price fluctuation established by an exchange. Tick sizes are mentioned in the ‘contract specifications’ set by futures exchanges and are calibrated to ensure liquid, efficient markets through a tick bid-ask spread. The more commonly used method is market capitalisation, which refers to how much a company’s stock is worth by total dollar market value. This index indicates the health of the Paris stock market and follows a cap-weighted scheme. A mini index is a collection of assets, just like a regular index. However, a mini index provides a smaller lot size, which therefore …

Jerome Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018, for a four-year term ending in February 2022. His term as a member of the Board of Governors will expire January 31, 2028. Born in Washington D.C., he received a bachelor’s degree in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. Powell served as an assistant secretary and as undersecretary of the Treasury under President George H.W. Bush. In the GBP/USD market, the pound sterling is the base currency, and the US dollar …