In the next section, we take a look at the meaning of quotation, bid and contract, how these terms are used and how they are different from a tender. Clients will be suspicious of abnormally low bids – they may doubt the level of quality you can deliver for such a price. Remember that once…
A quotation is provided by the seller in response to a buyer’s inquiry about the price of specific goods or services. In the context of finance and investing, a quotation refers to the current price at which a security, such as a stock, bond, commodity, or currency, is trading in the market. Quotations are widely…
Day traders will want to choose a reasonable position size depending on their account size and risk tolerance. Practice good risk management by placing stop-loss and take-profit orders to help protect your trading account and secure your gains. Resolve to limit your daily losses to prevent major setbacks and manage your leverage wisely since it…
Volatile currency pairs offer the opportunity for quick profits, but trading these markets also comes with the risk of quick losses. Learn more information about major, minor and exotic forex currency pairs. Using the price action strategy when trading forex means you can see real-time results, rather than having to wait for external factors or…
Because of their colonial past, the notes are printed in Portuguese and Chinese in MOP$10, 20, 50, 100, 500, and 1,000 denominations. The Macao pataca is the currency of Macao (MSAR), backed by the Hong Kong dollar. Macanese pataca replaced the Spanish American silver dollar in 1894 in former Portuguese Macau, a Portuguese colony from 1557…
Businesses could trade freely across borders, without worrying about currency fluctuations. For businesses, the pound is a stable and reliable vehicle for conducting trade, making investments, and pricing international contracts. For companies operating within and outside of start your own exchange in minutes best white-label crypto software the UK, transactions in pounds reduce the need…