Is it worth it to try out day trading? A majority of financial advisers say that it isn’t. So why do they say that? Day trading – which involves quickly purchasing and selling stocks over the span of one day – requires a lot of resources and time. According to more traditional investment advice, it is much better for you to seek long-term opportunities that offer the chance for solid performance instead of quick day trading results. Although there is nothing wrong with this advice, it does ignore the fact that there are some people who are able to make profits with day trading…. [Read More]
Affiliate marketing can be a highly lucrative money making method. However, one of the downsides is once the visitor has left your site, there is little chance you will ever make a sale off of them again. That is why you want to look into promoting products that offer a recurring income. If you have practicing or studying affiliate marketing, you more than likely know how it works. However, if you are new to the industry, let’s take a quick look at how it works. Affiliate marketing is the practice of driving traffic to other people’s products. Some of the more familiar affiliate marketing programs include Clickbank and Amazon…. [Read More]
In the financial markets, trading refers to the process of buying and selling financial assets to generate a profit over a certain period. The Forex market involves 2 main types of trades based on the time which the trade is held namely, intraday and interday trading. Day trading is the main type of trading in intraday trading while swing trading and position trading are the two main types of interday trading. Read on to learn more about these types of trading…. [Read More]
Forex trading is fruitful with millions of dollars being made, but it is also fraught with risks.
Those who are prepared for these risks can manage their trades better and remain in the black. Those who struggle will lose more and more with time.
What are some of the main risks involved with Forex trading in this day and age? What should a trader be looking to avoid right from the get-go to ensure they don’t lose all of their money? Let’s take a look…. [Read More]
Today’s Forex market is remarkable because of just how open and fluid it is. However today’s open Forex market did not just happen by accident. It didn’t happen overnight, either. Currency trading, as modern traders know it, developed in very specific steps over time. Understanding the history of the markets, where they were, and how they got to today’s open format will only make traders more appreciative (and more effective) in understanding how the markets work.
The Bretton Woods Accord
The Bretton Woods Accord took place in the 1940’s while World War II was still taking place and was an agreement that helped strictly regulate currency values and how one nation’s currency would be measured versus another. This agreement was for the United States, Canada, Japan, Australia, and most of Europe. The Bretton Woods agreement relied on both gold and the United States Dollar as a centrally accepted standard currency…. [Read More]
A Guide To Comparing Brokers In Binary Options:
- Accessibility, Usability, And Service
- Financial Considerations
- Trading Capabilities
- Regulatory Issues
- Training / Reference Materials
- Final Word
1. Accessibility, Usability, And Service
1.1 Linguistic Considerations
If you’re a native English speaker, this is an important point that you might well overlook. English is the lingua franca of the business world, and there is no shortage of great trading platforms designed for the language. Traders with a limited knowledge of English – as well as those who are wholly unfamiliar with it – need brokerages that are capable of communicating in other tongues…. [Read More]