Costa Dorada - mecca for tourists in Spain

  The Spanish Costa Dorada stretches southwest from Barcelona to Tarragona on the east coast. With beautiful sandy beaches next to the mountains, quaint villages and coastal towns, the Costa Dorada is a popular tourist choice for holidays all year round. Families gather here not only because of the wonderful climate and magnificent sandy beaches, but also because of the many attractions. The Costa Dorada has the resorts of Salou and La Pineda, Salou forms an eight-kilometer continuous resort. This stretch of the Mediterranean has beautiful sandy beaches that are ideal for sunbathing, swimming, and a wide range of water sports. The whole family will be happy to take a trip to the Aquopolis water park in La Pineda, and the most famous Spanish theme park, Universal PortAventura. Aquopolis Water Park is on the outskirts of La Pineda and is a great place to cool off when the weather is at its peak. You will even get the chance to swim with the sea lions in the park. The Universal Port A...

Many traders start their journey by trading currency pairs, but then they try CFDs, stocks, and futures. We will talk about the latter today.






Many traders start their journey by trading currency pairs, but then they try CFDs, stocks, and futures. We will talk about the latter today.


A futures contract is a contract between a buyer and a seller to buy or sell an asset in the future at a pre-agreed price. Such contracts were originally created for companies to help them avoid unexpected expenses.


Consider an example. We sell coffee, but we understand that due to the pandemic, the price for it will only grow, and much more. In order to prevent a sharp jump in prices and a drop in our sales, we agree with the supplier to purchase a large batch of grains at the current market price, but in six months.


If the price of coffee really rises in the future, we will only win by buying raw materials at a lower cost. If the price does not rise, but even falls, then only the coffee supplier will benefit from such a transaction, because he will sell it for more than the current market value.


Most often, the underlying assets in a futures contract are crude oil, wheat, corn, stock indices. Such contracts, as a rule, are traded on the stock exchange, and it does not come to the actual delivery of the asset.


Often operations with futures are of speculative interest, traders actively trade them in order to capitalize on price fluctuations. They usually close their positions before the expiration and delivery date of the asset.