What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on February 4, 2015.
Learn more about SpinDistribute Article Distribution System.

THREE MOST IMPORTANT TERMS TO KNOW BEFORE FOREIGN EXCHANGE TRADING

Article Category: Finances

Author Name: Korley Tetteh

To fully understand the meaning of foreign exchange trading, or forex trading, it is essential for one to learn the basic language used in transactions. While one may have the excellent financial and analytical skills, if he does not know the language of forex trading, he may be at a more disadvantageous position than one who is not excellent in finance, but fully understands the language of the transaction.

Before one engages in foreign trading, it is essential for him to know the following terms:

1. Quotations

These are basically the exchange rates of countries. Most of the time, quotations change depending on what country a certain currency is being compared to. For instance, the quotation on US dollar per Canadian dollar is different from US dollar per British pound. The same can be said when comparing Canadian dollar per US dollar to British pound per US dollar.

Quotations are very important because these numbers determine basically the price at which the currency is, or will be, traded. Failure to consider the quotations can speak the difference between gaining and losing a lot of money.

2. Exposure

Exposure refers to the different conditions that a country faces. These exposures can range from transfer, educational, economic, political, international, and legal exposures. All of these affect the quotations, depending on the kind of exposure met. For instance, when the Philippines was hit by super typhoon Haiyan (or commonly known as Yolanda), the quotations on its prices drastically went down. On the other hand, when Japan recovered from the tsunami and the earthquake that hit is, the quotations on its prices went up. Another one is when the Great Depression was experienced, wherein almost all quotations went down, and when the United States of America had its World Trade Center destroyed wherein its quotations also weakened.

3. Risk

Risk is by far the most difficult thing dealt with by traders in forex trading. Despite having sufficient funds to make purchases, dealing with risks make these funds go on standby for fear of being lost simply because of erroneous or inaccurate dealings. There are three types of people who deal with risks:

A. Risk-averse

The risk-averse dealer is known as the playing safe trader. He does not want to put all his funds in risky quotations because he does not want to take risks, or if he wants, he will deal with it minimally. This type of person does not receive high return, but his purchasing power is high because his resources are not used.

B. Average person

The average person may or may not take risks depending on the circumstances surrounding a particular currency. As such, being an average person helps whenever a dealer is not sure of the condition of the quotations or currencies he is dealing in forex trading.

C. Risk-taker

The risk-taker is one who braves risks even if it means losing money just to get a high return. He is one that believes in the saying that a high-risk transaction means high-return.

Knowing these terms will assist a person in determining his style and method in forex trading.

1 article = 800+ backlinks

ARTICLE DISTRIBUTION

Publish 800+ unique versions of
your article on 800+ websites!

Let us do all the

ARTICLE WRITING

Need lots of keyword optimized
quality articles? Search no more.

We recommend our

COMPLETE SERVICE

We write articles. We distribute
them. You get all the gains!

Have any questions?

Feel free to check out the "Frequently Asked Questions" section, or use the email address below to contact our team. You can also register for free and contact our Support Department. Read more

Why choose

Spin Distribute?

boost your traffic and online income and crush your competitors with our great article distribution system

get more than 800 highly relevant backlinks with each article distribution (from $1.60 per distribution)

try out our "Complete Service" that puts everything on auto-pilot (we write & distribute articles for you)

have us write all the articles for you, so you can focus on your business

get detailed HTML and PDF reports for every article distribution

contact our Support Department and Live Support to get answers

get FREE access to our SEO Tips & Tricks Guide (worth $27 alone!)

join our Affiliate Program and make money with our services