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What You Need To Know About Forex

Are you considering learning how to trade forex? With the current world markets, now is a prime time to start trading. This article will cover all your questions about how to get started. Listed below are some tips that will help you get started with your currency trading aspirations.

You will need a broker to trade with Forex, so make sure that you choose your broker wisely. There are many charlatans out there looking to take advantage of you. It is up to you to make sure that you find a reliable, skilled broker whose ultimate goal is to build a successful working relationship with you.

When trading, make sure you are thinking in terms of probability, not certainty. This is a basic fundamental of trading. “Knowing you are right” when the chance of actually being successful are down will work against you because you had a slim chance to

The energy crisis and OGCT: how to save your money against the background of the general recession?

The global energy crisis is not only high tariffs for gas and electricity. The consequences are much more serious, because almost any production has energy costs in the cost price. There is no doubt that they will become more expensive. But there is also a positive side: you can still make money on it.

The impact of the energy crisis on the modern economy

Obvious crisis phenomena in the energy market began in the fall of 2021. Several factors contributed to this:

  • a post-covid economic recovery and, as a result, an increase in demand for energy resources. The market did not have time to react to this;
  • cold and long winter of 2021-2022;
  • reduction of coal production and shutdown of some gas fields (for example, Groningen in the Netherlands) against the background of the transition to alternative energy;
  • low efficiency of alternative energy sources due to cold winters and windless