Valerka 🔵🟣🎩
@valerymaxx
1/2 My, friends! As you already know, I love trading in the Vooi @vooi-app terminal https://app.vooi.io/ and most often trade via Ostium. Today I wanted to introduce you to the assets presented there, namely the forex and commodities groups. Forex (Foreign Exchange Market) trading is the process of buying and selling currencies to make a profit from their fluctuations. It's one of the largest and most liquid financial markets in the world, with a daily trading volume exceeding $6 trillion (as of 2024). The trading currency pairs are traded on @vooi-app: EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/MXN. We can choose leverage from 1 to 200x. Currencies are traded in pairs, where one is the base currency and the other is the quoted currency.
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Valerka 🔵🟣🎩
@valerymaxx
2/2 Commodities are basic goods that can be standardized and traded on the exchange. They are divided into two main groups: raw materials and agricultural goods. The @vooi-app terminal presents raw materials: XAU/USD, XAG/USD, CL/USD, HG/USD. I choose gold and silver for trading. Gold (XAU/USD) is a safe haven asset that investors turn to during times of economic instability, inflation, and falling stock markets. It's price often moves in the opposite direction to the dollar and interest rates. It's used to preserve capital. Silver (XAG/USD) is a more volatile and combines investment and industrial properties. It's cheaper than gold and is actively used in technology. It often moves in the same direction as gold, but with a greater amplitude, suitable for investment and short-term speculation.
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