HY Markets News

Gold Prices Flat After China Data

Gold prices were trading in the flat line on Thursday, retaining gains from the previous two days as investors eye the European Union summit for fresh leads. Data showed a slowing China economy for the seventh quarter as expected.

The European leaders will meet for a two-day discussion amid talks about a Spanish bailout in the following month as an attempt to strengthen the bloc’s shaky foundation. Read more

The Different Lot Sizes in Forex Trading

Risk management and money management are some of the most crucial factors when it comes to Forex trading. Without these, a trader won’t keep the pips he makes. It doesn’t matter if one happens to go up by 1000 pips on a single trade if he lets them all go back to the market before it closes out. A good trader knows when to open and close a trade as well as how to manage his lots. Read more