What Is a Forex Trading Bot or Robot?

A forex trading bot is a software program that automatically enters and exits trades on the foreign exchange market. Bots are designed to take the emotion out of trading decisions by following a strict set of rules programmed into their code. Most forex bots are designed to trade on the major currency pairs, such as … Read more

What Does the Operating Expense Ratio Measure?

The operating expense ratio (OER) is a financial ratio that measures how much of a company’s revenue is spent on operating expenses. Operating expenses include things like rent, salaries, and utilities. The OER is calculated by dividing a company’s operating expenses by its revenue. A higher OER means that a greater percentage of the company’s … Read more