The difference between the prices to buy (offer) and sell (bid) an asset is called the spread. When trading CFDs, the spread is important because it is how the prices of both derivatives are set. Spreads are a common way for brokers, market makers, and other sellers to show their prices. This means that the price to buy an asset will always be a little bit higher than the underlying market. The price to sell will always be a little less than the price to buy. Spread is a financial term that can mean different things, but it always refers to the difference between two prices or rates. For example, an option spread is a way to trade that involves this. The way to do this is to buy and sell the same number of options with different strike prices and expiration dates. Bid-Offer Difference The spread that is added to the price of an asset is also called the bid-offer spread or the bid-ask spread. Bid-offer spread shows how much people want an asset and how much they are willing to pay for i...

Traders of cryptocurrencies are constantly on the lookout for profitable opportunities. But luck alone won't get them very far in this competition. It is necessary to have the ability to "read" trends in order to forecast how the price of cryptocurrencies will move in the future. In this category are items like market news, information on how the market has performed in the past, volume, buying time, restrictions, and a great deal more. As a result of this, it can be challenging to determine the optimal timing to either buy or sell cryptocurrencies. When You Should Make Your Cryptocurrency Investments During The Week To purchase bitcoin, it appears that Tuesday is the greatest day of the week to do so, with Thursday and Saturday coming in second and third, respectively. This result was arrived at by using the same data that was utilized to find out when the most advantageous moment was to invest in cryptocurrencies. But the crypto winter of 2022 has caused prices to fall ...

  In spite of the fact that approximately half of the investors initially entered the GameFi space with the intention of making profits, 89% of GameFi investors lost money in the Crypto Winter of 2022. GameFi, the combination of gaming and decentralized finance (DeFi), appeals to a group of investors who select projects more frequently on the basis of the use case they serve as opposed to the projects' potential to generate revenue. The GameFi ecosystem is popular among gamers and investors in the millennial generation. As a consequence of this, it serves as a point of entry for a great number of first-time investors. According to the results of a survey that was conducted by ChainPlay and in which 2428 GameFi investors took part, 75% of respondents entered the cryptocurrency space solely because of GameFi. In spite of the fact that profits were the primary motivation for roughly half of the investors who initially entered the GameFi space, 89% of GameFi investors were unable to we...

When it comes to demonstrating to the people of Russia how impressively large and well-equipped their navy and armed forces are, no expense has been spared. However, think back to the month of April and the sinking of the Moskva, which was the flagship cruiser of Russia's Black Sea force. According to the Ukrainian defense ministry, there was a direct strike; according to Russia, there was a fire onboard. A serious and maybe fatal blow to Russia's prestige as well as its capabilities in the Black Sea. It is also not the only loss for the Black Sea fleet, which is up against a Ukrainian navy that has been drastically reduced since the takeover of Crimea and is mostly confined within its ports, just like the country's commercial vessels. As a result of Russia's blockade of the Black Sea, Ukraine has been forced to mine its own borders, which is a big strategic victory for Russia. Because of the standstill at Ukraine's ports, large swaths of the world are current...

The company's growth rates reached their lowest point in the last five years during the second quarter; consequently, the company has decided to let go of one fifth of its workforce as a result of these declining growth rates. Snap (SNAP) has made the decision to disband its Web3 team in order to cut costs in light of the fact that the pace of the company's overall growth has slowed significantly. Jake Sheinman, a co-founder of the Web3 team at Snap and one of its early employees, announced his departure from the company in a tweet that was posted on Thursday. Within the same tweet, he divulged the strategies that the massive social media platform has up its sleeve. According to what was written in the tweet, "Decisions were made to sunset our [W]eb3 team as a result of the company restructure." The request for comment that CoinDesk had sent to Sheinman did not receive an immediate response from him. Evan Spiegel, the CEO of Snap, made this revelation after the compan...

When thinking about investing, it's normal to believe that you'll make a profit if the value of the asset you own goes up, and that you'll take a financial hit if the item's price goes down. However, this is not always the case. A more complex and advanced trading method is short selling. When one engages in short selling, he or she is making a wager against an asset in the hope that the price of that item will fall at some point in the future. What Does It Mean to Short? When it is anticipated that the price of an asset will fall, one investment method that can be utilized is known as short selling, or shorting. You are in a short position because you do not have the financial resources necessary to purchase the asset that you can then sell for a profit; as a result, you are in a short position. Another thing that recently a lot of people have been needed to learn is the correct definition of crypto coin and token. Let's shed some light on this subject, shall we? W...

This year, the US dollar has dominated various rivals, including the Japanese yen, euro, and Chinese yuan, and analysts believe that the greenback's supremacy will not wane in the near term. The Federal Reserve is the key driver of the dollar's increase, with policymakers aiming to limit economic expansion by targeting rising inflation with large interest rate hikes. The Fed is expected to raise interest rates for the sixth time this year on Wednesday, lifting the Fed funds rate from 2.25% to 2.5%. While the Fed is in the spotlight, investors' assessments of an economy's competitiveness can serve as a medium-term driver for currencies, according to Marc Chandler, managing director of Bannockburn Global Forex. Shifts in the global trade environment and growth concerns are weighing on the dollar's rivals. The US Dollar Index has reached new highs in 20 years and is up 14% this year. The Japanese Yen The yen has fallen 24% versus the US dollar by 2022. The dollar recen...

In technical analysis, a stock price decline is followed by a recovery and a subsequent drop back to the initial drop level. The pattern has a "W"-like appearance. Technical analysis regards the stock's performance with this pattern favorably. Technical analysts anticipate a future increase in the stock because it has bottomed out. A double bottom pattern is what? The opposite of double-top patterns are double-bottom patterns. There are two completely different conclusions that can be made from this pattern. A double bottom, which can be the first indication of a potential direction change, follows a single rounding bottom. The end of a protracted bearish trend is when rounding bottom patterns are most frequent. Two consecutive rounded bottoms may indicate that investors are keeping an eye on the asset in order to profit from its most recent decline in price toward a support level. Investors can benefit from a bullish rally if the market turns up after a double bottom, wh...

The head and shoulders chart pattern is a well-known and easy-to-spot pattern in technical analysis that shows a baseline with three peaks, the middle peak being the highest. The head and shoulders chart shows a bullish-to-bearish trend reversal, indicating that an upward trend is about to end. The pattern is applicable to all traders and investors because it exists across all time periods. The formation's entry levels, stop levels, and price goals are simple to implement due to the chart pattern's provision of critical and easily discernible levels. Why Is the Head and Shoulders Pattern Effective? There is no perfect pattern, and it does not always work. However, the chart pattern is theoretically correct for several reasons (the market top will be used in this justification, but it is correct for both): Less aggressive buying is taking place as prices fall from the market high (head). Sellers are also beginning to enter the market. As the neckline approaches, many investors w...

On Sunday, voters in Italy will go to the polls for a snap general election that is expected to result in a government led by a far-right party. This would be a tremendous political upheaval for a country that is already dealing with economic and political turmoil. Prior to September 9 (the start of the blackout period), opinion polls predicted that a right-wing alliance would win a majority of seats in parliament's shrunken lower and upper houses. Giorgia Meloni's far-right Fratelli d'Italia leads the alliance (Brothers of Italy). There are three more right-wing parties in the alliance: Matteo Salvini's Lega, Silvio Berlusconi's Forza Italia, and a lesser coalition member, Noi Moderati. The Brothers of Italy party stands out and is expected to earn the most votes for a single party. According to poll aggregator Politiche 2022, it has received nearly 25% of the vote, much surpassing its closest right-wing ally, Lega, which is expected to receive about 12%. The Democ...

Oil prices declined on Tuesday, erasing some of the previous session's gains, as the market anticipated that further aggressive interest rate hikes by central banks could cause a worldwide economic downturn and dampen demand for fuel. Brent oil futures LCOc1 for October delivery fell 81 cents, or 0.7%, to $104.28 a barrel as of 03:59 GMT on Tuesday, after gaining 4.1% on Monday, the largest gain in more than a month. Wednesday marks the expiration of the October contract, while the more active November contract was trading at $102.33, down 0.6%. Following a 4.2% increase in the previous session, the price of U.S. West Texas Intermediate crude CLc1 decreased by 33 cents, or 0.3%, to $96.68 a barrel. In several of the world's largest economies, inflation is hitting double digits, a level not seen in over half a century. This could lead the United States and European central banks to implement more aggressive interest rate hikes. "As a result of the expectation that the Feder...

"It's like the Wild West," say workers in the metaverse. You make the call. Is it a new frontier for people looking for riches? Anarchy? A odd, solitary setting? Perhaps everything. People in the Wild West did not pay $650,000 in cryptocurrencies for a digital boat. Real estate speculation abounds in the metaverse, which contains an increasing number of virtual online worlds where people live and play. Investors anticipate that it will be part of a paradigm shift in how we use the internet — a decentralized version called Web3 that will recover control of the web from multinational computer corporations and give consumers control, privacy, and security. According to McKinsey, companies, venture capitalists, and private equity invested $120 billion in the metaverse between January and May of 2022. Property values have dropped. According to WeMeta CEO and co-founder Winston Robson, land prices in The Sandbox, Decentraland, Cryptovoxels, and Somnium Space have dropped by 50 ...

Traders, like every other business owner, must be disciplined. A written trading plan is an essential first step. Set up your own accounting system to track your trading results and compare them to the ones provided by your broker. All you need is a basic Excel spreadsheet with results for each day, week, and month. Include gross profit/loss, the number of trades, commission expenses, ECN fees, other costs, net profit/loss, equity (confirm that it corresponds to brokerage reports), and any other pertinent information. Use this information to make better trades. Look for trends in your performance and the relationship between your profits and costs. Your trading plan should include a list of all the different sorts of trading you want to undertake over the day or week. Successful traders do not simply open their charts and start trading. Before deciding to assault, they planned for everything that may go wrong. The most important thing to do is to plan ahead of time. For me, Sunday mark...

A double bottom pattern is a charting pattern used in technical analysis that denotes a shift in trend and a change in momentum from earlier leading price action. It represents the decline of a stock or index, the subsequent recovery, the subsequent decline to the same or a somewhat lower level, and the subsequent rebound. The shape of the double bottom resembles the letter "W." A support level is the minimum price that has been reached twice. How Should A Double Bottom Be Interpreted? According to the majority of technical analysts, the initial support level should rise by 10 to 20%. Within 3 to 4% points of the previous low, the second bottom should occur, and the volume of the succeeding rally should rise. Like many other chart patterns, a double bottom pattern is most useful for analyzing intermediate- to long-term market trends. In general, the distance between a chart pattern's two lows increases the likelihood that the pattern will be effective. For the double bott...

With a prediction period of 2022 to 2029, the Global Futures Trading Platform Market Research offers a thorough analysis of market growth, assessment, region analysis, futures trading platforms market distribution, and competitive landscape analysis of the industry's top rivals. It offers trustworthy information presented in pie charts, tables, and figures, together with qualitative and quantitative statistics on the market for futures trading platforms. It also contains a number of necessary tools as well as up-to-date information on industry trends. Additionally, it offers accurate details on the likely market scenarios as well as the favourable odds and circumstances that will allow it to keep its position in the business. The report also discusses a variety of market effectiveness, strategies, and starts. To determine future objectives and possibilities, it thoroughly analyzes the past, the size of the Futures Trading Platforms market, and the present situation. It also calcula...

Prior to the Federal Reserve's important Jackson Hole symposium this week, another Federal Reserve official warned of the possibility of prolonged aggressive monetary tightening, sending the U.S. dollar index to a new five-week high. After Russia announced a three-day suspension to European gas supplies via the Nord Stream 1 pipeline at the end of this month, the region's energy crisis worsened and the euro fell to a new five-week low. After the central bank lowered key lending rates, the value of the Chinese yuan fell to its lowest level in over two years, adding to a series of monetary easing measures designed at supporting an economy that was suffering from COVID-19 crackdowns and a real estate crisis. The U.S. dollar index, which compares the value of the dollar to those of six rival currencies, including the euro, pushed up to 108.26 for the first time since July 15 and was most recently up 0.074% at 108.23. This comes after a gain of 2.33% last week, its largest weekly in...