The ultimate guide to currency nicknames

What are these pro-traders talking about?  Who or what are Matie and Guppy? Are they distant relatives or secret code words to enter a sorority? Too many questions, but the answers are too few. Fret not! Today you gonna boost your knowledge and find out how traders in the professional community call currencies. Some nicknames are funny; others carry exciting stories. Uncover all of them and become a seasoned trader who is no newbie to FX slang.

The power of setting goals is hardly underestimated. There is a strong link between our plans and our future. What captures our thoughts the most is shown in our everyday activity, even in trading. Let us know what’s in your head, and we’ll tell you what’s likely going to happen.

It is so easy to get confused in the world of financial volatility and numerous assets that the FX market offers for trading. We know what you feel! Often newbies and other less experienced traders select the simplest way by referring to the most traded and popular currency pairs. Is this the right path? We are going to find out.

How our fears prevent us from quitting the unsatisfying career and how we can solve it

You may have heard the famous quotation: "Have the courage to follow your heart and intuition. They somehow already know what you truly want to become". There are the words of Steve Jobs, American entrepreneur, industrial designer, and investor. He still inspires millions of people to quit jobs that make them unhappy and start doing things they actually want to do.

It sounds pretty simple, huh? If you feel passion for the activity of some sort, just make it your regular job. However, the reality of a career changing is that it's rarely an easy process. Let's find out the barriers that distract us from following the dream of working on the projects we are deeply engaged in. Recognizing the problem is the first step to manage it.

Over the past 60 years, AI and machine learning have made a breathtaking jump from science fiction to the real world. Though these technologies are still in their youth with greater ambitions to satisfy, they have already transformed our lives drastically. The word AI is highly misused and overused, making us think that everything from a taxi app to a toothbrush is powered by it. In reality, the technology that stands behind these inventions is changing the world right here and now.

When Aldous Huxley was writing his famous dystopia, little did he know that 90 years from the publication of his novel, there will be so many parallels in the actual society with the world he described. The virus brought a lot of changes to the way things get done: economic, industrial, procedural, etc. While these changes increasingly attract media discussion, new terms get coined – such as “New World 2.0”. Leaving the broader social and other aspects aside, let’s see what this new reality may bring to a trader.

THE STORY OF THE JAPANESE HOUSEWIVES

This is the way a typical Japanese housewife is very likely to greet her husband returning home from work. What about cooking dinner? Well, this is not that crucial, especially as the delivery from the posh restaurants is not a problem after earning this amount.

What is the life of a day trader? Most of the time, it is a routine with rituals they set for themselves and follow regularly. Two-five hours a day they spend in front of their PC workstations checking the news, tracking analytics, applying their trading strategies. Stability is good, but what if the system is not fast enough to catch all the market opportunities? Or their trading platform is not running as smoothly as it should and is not providing them with all the data necessary for a buy/sell decision?

Self-quarantining? Well done – this is the safest option for the moment. The other step is not to go crazy spending time at home. FBS will help you with that! We have some ideas for traders to keep busy – of course, with entertaining and developing the mind ;) Here is the list of what you can be up to right after reading this article.

Do you know all the essentials of trading Forex? Are you really that sure? If you don't doubt your knowledge, take a test on the basics. Be careful, it’s not a piece of cake – you can easily make a mistake ;)

If you feel like a student before an examination and go weak at your knees, familiarize yourself with our Forex Guide learn all the needed information about the FX word. Then, prove that you are savvy enough in trading essentials to become a professional market performer.

“A journey of a thousand miles begins with a single step,” Lao Tzu declared centuries ago. However, when it comes to trading, this first step is quite a challenging and crucial thing. What to start with? Where to go to? Dozens of guide books explaining the basics of trading are published every year, and it’s essential to keep a close eye at the new releases - new tips, tools, and strategies proven with time are added continuously.

Investor, philanthropist, social activist, writer, the 56th richest person in the world, according to Forbes, and definitely the legend. Yeah, you have a hunch whom we are talking about. All these titles were given to the American financier George Soros, or it's better to say were deserved by this icon for 89 years of his life. You may call him as you prefer, but the crucial thing remains the same – he is a person whom people have discussed through the decades. Especially after that night when he earned a billion. Yeah, guys – one may lose count of zeros while writing this number.

How did Soros manage to do so? What else did he went through and achieved? And why people all over the world and the FX community, in particular, keep admiring this man? Today, we recall the story of the world-famous and probably the most generous trader of all time.