ohh i see, very informative
im a newbie so i try to stay away from trading crypto, as i did previously and got into some trouble because of the volatility
Topic: Forex question (Read 154 times)
how much do forex prices change in a day, percentagewise ?
Not that much if you do compare it on crypto market. It moves 0.10% - 0.50% usually thats why some people jumped on this market because of volatility aspect.
You can read up more here in similar question https://www.quora.com/What-are-daily-percentage-changes-in-forex You can see some response which are worth to read on.
Im also a forex trader but what interest me to switch into crypto is i do love the waves that happening on here.lol
how much do forex prices change in a day, percentagewise ?
It varies to which the currency is paired. Currency prices don't fluctuate a lot in FOREX since this is a regulated market. Don't expect that a drop of USD means few cents but the prices there has 4 decimals which only these 4 digitals are moving faster every day. The pips are less than a cent but using leverage will greatly impact your loss and profits.
Profits or loss don't mean a percentage-wise drop or spikes of prices.
I mean, have you tried actually looking at the charts yourself instead of asking here immediately? https://www.investing.com/charts/forex-charts
i had just placed a trade and i was in panic so i needed an immediate answer, and i have looked at the price charts actually and i have looked a lot at them but i want to know the average change in percentage.. I can only hope my post hasnt caused you any trouble anyway...
how much do forex prices change in a day, percentagewise ?
It varies to which the currency is paired. Currency prices don't fluctuate a lot in FOREX since this is a regulated market. Don't expect that a drop of USD means few cents but the prices there has 4 decimals which only these 4 digitals are moving faster every day. The pips are less than a cent but using leverage will greatly impact your loss and profits.
Profits or loss don't mean a percentage-wise drop or spikes of prices.
how much do forex prices change in a day, percentagewise ?
It varies to which the currency is paired. Currency prices don't fluctuate a lot in FOREX since this is a regulated market. Don't expect that a drop of USD means few cents but the prices there has 4 decimals which only these 4 digitals are moving faster every day. The pips are less than a cent but using leverage will greatly impact your loss and profits.
Profits or loss don't mean a percentage-wise drop or spikes of prices.
This is something no one can answer, a stock could drop by 100% if the company goes bankrupt (/insolvant). Overall, stock markets recently have proven that they can fall by 30%+ in a day so this is something difficult to give an andwer for. I'd instead look into AVERAGES and probably further than a day to potentially a week, a month or for long term trading... a year.
I mean, have you tried actually looking at the charts yourself instead of asking here immediately? https://www.investing.com/charts/forex-charts
how much do forex prices change in a day, percentagewise ?
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