Thursday, December 19, 2013

Copper futures decline on Fed taper news - Investing.com

When starting off in currency trading, keep your margins little. It can be appealing with forex trading to become greatly leveraged, investing money that you do not in fact have. As a novice in currency trading; nevertheless, you are most likely to lose than you are to succeed. If you are losing on a high margin, you end up paying much more.

Copper futures decline on Fed taper newsInvesting.comCopper prices were likely to find near-term support at USD3.279 a pound, the low from December 13 and resistance at USD3.330 a pound, the high from December 18. The March contract settled 0.08% lower on Wednesday to end at USD3.319 a pound.Copper futures move off 7-week high with Fed, Bernanke in focus...Copper futures decline on Fed taper news - Investing.com

If you are new to currency trading, start by trading in fantasy markets. You can trade foreign exchange without running the risk of any money to see how well you do and perfect strategy along with learning how it works. You can even experiment with different approaches before risking your real money.

More to learn on support and resistant

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