Foreign exchange or forex refers to the process of buying and selling of foreign currency. It is traded across different markets in the world and is a simple and convenient process. Before you take the next step in foreign currency trading, here is all you need to know.
Currencies are always traded in pairs. With currency pairs, you may see the cost of one currency relative to another. For instance, you may exchange the US Dollars (USD) for Indian Rupees (INR) or choose any two other currencies for an exchange.
Every currency is denoted by its symbol. In foreign currency trading, one symbol represents one currency and its pair is represented by another symbol. You need to identify the symbol for the currency you want to trade in. For example, the symbol for the Japanese Yen is JPY and that for the Canadian Dollar is CAD.
Each currency has a market price associated with it. Every single pair in the market will carry a market price. The market prices show the amount of second currency it will take to buy one unit of the first currency. For example, the USD/INR price will tell you the sum of INR that you will need to spend to buy one USD.
For the purpose of trading, the first currency which is listed in the pair is the directional currency. Therefore, when you see a chart and the price is moving upwards, it shows that the first currency is moving higher relative to the second. If it is falling, then the first currency is declining in value with regard to the other currency in the pair.
The currency pairs move about 50 to 100 pips in a day where a pip is the fourth decimal place in a currency pair. The trick to making money on the sale is that you buy currency at a lower rate and sell it when the pip has moved upwards.
Your profit in foreign currency trading will depend on the amount of currency you purchased. You need to multiply the profit earned on one unit with the total amount of currency you hold.
It is advisable to only venture into foreign currency trading when you have gained thorough knowledge about how it works and what the movement means. You need to keep in mind that you are investing in something dynamic and if you make a wrong decision, you could end up losing money.
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An overview of herpes
Read moreWhat does herpes mean?
Any infections caused by the contagious virus, Herpes Simplex Virus can be termed as Herpes. Herpes Simplex Virus, also known as Human Herpes Virus, family has 8 different types. HSV 1 and HSV 2 are the most common viruses from the Herpesvirus family. Both are contagious and can be easily transmitted from an infected person to another. The former is commonly known as “cold sore” or “oral herpes” while the latter is called “genital herpes”.
How can it spread?
According to one of the researchers of WHO, about 67% of the global population have HSV 1. It is basically the reason behind cold sores around the mouth. It can also give you genital infection, thereby causing genital herpes. This occurrence has a high possibility when there is an oral-genital contact.
Infected people having active lesions can unknowingly spread this disease by skin-to-skin contact, especially if there are breaks or cuts present in the skin of the recipient. It can also spread through sharing personal items of the infected person by a healthy person such as towels, razor, tissue, clothes, utensils, etc.
On the other hand, HSV 2 is mainly associated with sexual transmission. This virus is incapable of surviving outside the human body for long. Therefore, the only way it gets transmitted or stays active is through sexual contact. HSV 2 infection may also be found in the facial area, but usually, it is observed below the waist region.
Is it normal to have Herpes?
According to several medical specialists and research centers, having Herpes is not a sign of abnormality. It is as normal as being sick with chicken pox (Herpes Zoster) or any other common disease, but what puts you at risk is the symptom and the effect. If it is without any symptoms, you are fine, but if you are suffering due to the infection, it has to be treated.
What are the different types of Herpes?
- Apart from HSV 1 and HSV 2, there are 6 other types of Herpesviruses which may affect you in a number of ways, ultimately causing infections.
- HHV 3 virus is exclusively responsible for causing chicken pox. It can also cause a viral skin infection known as Herpes Zoster or Shingles. HHV 3 finds skin cell a better place for infection. It may also infect the nerve cells or where the nerve fibers end on skin cells,causing multiple sores. Lesions resulting from this infection may recover within 2 to 4 weeks, but the marks may last for good or a long time. The lesions may also cause you itching or severe pain.
- HHV 4 is responsible for the infectious disease known as Mononucleosis or “Kissing Disease”. This infection transmits through saliva, though coughing, sneezing and sharing personal stuff may also be listed as possible ways of its transmission.
- HHV 5 is another cause of Mononucleosis. The virus can be transmitted through various ways such as in newborns through breastfeeding, blood transfusion, sexual contact and even transplants (organ). It may lead to Hepatitis, Diarrhea, AIDS, etc.
- HHV 6 and HHV 7 cause Roseola, a viral disease in which the patient suffers from skin rashes and high fever
- HHV 8 is basically related with Cancer (Lymphoma) or tumors.
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Differences between HDL and LDL that everyone should know
Read moreMost of the people have a wrong conception that cholesterol is always bad for health. Cholesterol helps the body to produce vitamin D and even digest the food to a great extent. But an excess of cholesterol is never good. The liver that produces an excess of cholesterol is unhealthy, and the person would certainly need high cholesterol treatment.
There is a notion implying that low-density lipoproteins (LDL) are what we call bad cholesterol and High-density protein (HDL) is known as good cholesterol. We will look at the difference between these two types of cholesterol.
Function of HDL vs LDL
HDL works on transporting all the cholesterol to the liver so that they can be expelled out of the body. In other words, it helps to get rid of all the unnecessary cholesterols from the body.While HDL performs its helpful functions, LDL does just the opposite. This is because it carries all the cholesterol to be settled in the arteries. Too much of cholesterol leads to accumulation of blood in arteries and form blood clots. This, in turn, causes heart blockages and stroke. Thus, LDL needs to be treated with all medications and activities that are needed for high cholesterol treatment.
Quantity of LDL vs HDL
The higher the percentage of HDL, the better it is for the health of a human being. The minimum amount of HDL should definitely be not less than 55ml/dl for females while the men should have at least 45ml/dl.However, LDL should be in less quantity in the body and one should try to maintain it. For both females and males, the LDL amount should not be more than 100 ml/dl. Otherwise high LDL cholesterol treatment should be done immediately.
One should try to maintain good cholesterol and avoid treat LDL cholesterol to avoid any health issues. It is important to understand the difference between HDL and LDL cholesterol to make lifestyle changes that would help reduce bad cholesterol in the body.