Author: Editor

Start Investing with $100 and Make a Fortune

Start investing with $100 only is possible, here is how to do that.

By Guy Avtalyon

You really don’t believe it’s possible to start investing with $100? I’ll show you how is possible. Are you wondering about making money on the stock market with only investing a 100-200$?

Start investing with $100 may sound tricky, but it isn’t impossible. The fact you don’t have much money to invest shouldn’t stop you.

Yeah, I know!

Starting to invest is challenging anyway, but even more, if you think it is impossible to start investing with $100. When you jump over that difficulty, investing is pretty easy.

Don’t be scared! It is very possible to invest with a bit of money and profit yet.

Honestly, $100 is not some kind of limit. You can invest even less.

Don’t think that investing requires a fortune. If you already have a fortune why should you want to start earning?

How to Start Investing with $100?

This is the place where it becomes a bit complicated.

Discouraged at the first step? Just be patient and continue your reading!

Yes, one of the significant puzzles with investing with a little money is that broker’s fees can be expensive.

For example, if you buy one stock, some brokerage can take off from your account up to $20. So, you would have only $80 to invest.

When you start investing with $100, your first step is to open an investment account. For that, you have to find a good brokerage firm.

Don’t let anyone discourage you. Brokerages are like banks. But there is a difference, the brokers are concentrated on holding investments.

In order to help you more, we will give you a list of the best and most cheapie brokers.

* 1. Zulutrade

* 2. Wallstreet-forex robot

* 3. TradeInvest90

But we rather go to talk about the ways to start investing with just $100.

This is the place where the fun begins.

Where you can get help?

For example, from automated robo-advisors.

Why?

The answer is as simple as that. When you want to start with $100 or less, you wouldn’t like a big broker fee.

Robo-advisors afford online automatic investing assistance.

The computer performs everything. Your obligation is to put your risk tolerance and your aims. That’s all!
The computer will select an investment that is meeting your goals. It will recognize them upon your inputs.

And do you what is the best part of robo-advisors?

There is no account minimum. You can start your investment without fears.

Actually, there are some robo-advisors that will request, for example, $5 balance or you have to pay $1 per month because of your account worth under $5,000.

But you should never take this as a setback.

Investing stocks getting started

Also, you can start investing with $100 and buy one stock of some company that pays the dividend.
What is the formula here?

When you buy a dividend stock, you can re-invest them in more stock. In this way, you will expand your portfolio. Moreover, you will not drain your account. You will earn more and more.

Also, you can buy individual stocks.

With just $100 you might not be able to buy a lot of stocks. But here is the trick! Choose one right stock! That will bring you money in return. For that purpose, you can find some discount broker. A lot of them have research tools, very helpful to find the right individual stock.

Open a savings account

That can be a safe investment. The advantage here is that the savings account is secured at a bank and guaranteed by the FDIC if you are US resident.

If you open a savings account it will provide you interest. So, we can say you started investment.

Not, quite, but still.

That interest is lower than you could earn with real investment but you will have some income. Try to put $100 every month on your savings account, with an interest rate of over 1.50 %, after 40 years, you will see. Compound interest will do its job.
Moreover, it is almost impossible to lose money in the savings account.

Remember, happiness follows fearless people. So, don’t be afraid to start investing with just as little as $100. The main reason to invest is to increase your wealth.

It will not come overnight. Well, maybe it will but it is better not to count on it. Let time work for your benefit and on your side.

Don’t waste your money!

2nd April 2019
How to Get Started Real Estate Investing?

Real estate investing is easiest to understand but getting started can appear scary

By Guy Avtalyon

Real estate investing can be key to your financial status in the future.

Yeah, investing has to be done on time. This means you should start at an early age. Because you must have the chance to take benefit of compounding interest.

Have you ever think about real estate investing? Well, how to tell you and not to ruin the fairytale?

You may have a really good salary but you can work limited time in your life. For example, 40 years. The truth is that the majority will never get rich working regular jobs. Every day from 9 to 17.

Okay, some will get rich but you are speaking about people who become CEOs in their 30s. And had lucky to start in some big and respectable corporation.

To be honest, I’m not jealous. I don’t envy anyone. What I want is to find a way how to provide our older days and years with a decent sum for a comfortable life. An for this present life, of course.

We are speaking about financial freedom. And one of the ways to reach it is something called passive income.

How to generate reservoirs of passive income?

Stock investing is a good idea.

But, as far as we know, real estate investing can produce big returns and increase your net worth. And it is with less risk than stock market investing. The markets are volatile, don’t you know that?

Real estate investing is also easiest to understand as a way to invest. On the other hand, getting started in real estate investing can appear like a scary thing. But, frankly, you can screw it up.

So, I want to give you some tips on how to start real estate investing.

Do you know the meaning of wholesaling and prehabbing?

What are property types?

Have you ever heard about single-family, multifamily? It can seem strange and scary to new investors. But it is one of the smartest investment actions you can make.

Yet, investing in real estate can give quite nice capital if you make clever investments. If you are thinking about investing in real estate, there are some investment tips for beginners.

Real estate investing is a business

Believe us, it isn’t enough to provide hot water or electricity or heat supply. Yes, the rent will come anyway. But real estate investing is more difficult and demands you to be involved.

First of all, there are various different types of real estate investments. There are residential, commercial, and industrial. But also, a real estate that can be traded on stock markets. Have you heard about REITs? That’s it! So, you must understand that real estate investment is a business.

The main advantage is that it isn’t necessary to understand all about real estate.

Real estate investing strategy

You must have a plan in place to achieve your goals. That’s alpha and omega for everything.

When investing in real estate as beginners you must have a business plan and a real estate marketing strategy.

These two parts will point up the goals you want to achieve. They will give you a roadmap to realizing them. Also, they will show you how new deals continue to run.

Yeah, there are risks and rewards.

But there are some investment choices excellent for novices. Let’s break down some investment opportunities that are correct for new investors in the real estate market.

Are all real estate investing strategies equal?

Nope. Choose a simpler strategy as a starting point. For example, wholesaling.

Your job as an investor is to be a middle man. You will have to recognize and ensure a property that is being sold for under market value. Your main goal is to set the contract to a final buyer.

Or you are talented for prehabbing.

What is prehabing?

It is an entrance to investment rehabbing.

Or more specific, it is when you buy and place a property, building or land, for resale. You can improve that property’s condition through trivial changes.

Why should you do that?

Because buyers can’t see the latent value or recognize more work and costs and they may not be there for real. Many houses can look in notable bad conditions. A few cosmetics improvements can have a significant influence on the end buyer.

You may choose REIT investing.

Don’t pretend you don’t what is it. We asked you before.

Okay, once again. It is a tremendous opportunity for beginners in the real estate investing world.

Real Estate Investment Trusts (REITs) are ideal for all of you who are looking to earn passive income. How?

REITs have the ability to provide revenue comings. It is known as dividends.

In the same way that investors invest in stocks, you can invest in REITs. Primarily a company owns or supports profit yielding real estate. REITs provide investors to collect all types of benefits. For example, long-term capital appreciation, or profitable opportunity in diversified real estate portfolio.

How to get started real estate investing?

Getting started investing in real estate as a beginner often depends on the investment capabilities, read capital, available. Investing in real estate is an honestly nice idea. After all, who would refuse to make extra money? Making money is so sexy. To be honest, it is not for everyone. Some people are suited for real estate investing but others are not. Remember! Don’t waste your money!

But I have one question for you.

Which real estate investing for beginners strategy suits you the best and why?

Share it with us and other readers.

2nd April 2019
Telegram chooses to kill the messages

2 min read

Telegram decides to add the option of killing chat history not only yours but also the other participants in the conversation.

WOW!

The Telegram has added a possibility for users to delete messages in one-to-one private chats. And not only from their individual inbox.

In just a few steps, you can delete every trace of communication, both for yourself but sent by the other person in the conversation.

Of course, it is possible only if you all have the latest version of Telegram. This innovation is revolutionary because you do not delete messages for yourself (if they are written by other ppl). The plot behind is that you may really delete them so no one can see them anymore. Not only the one who sent them to you.

One of the most famous applications for encrypted communications, Telegram, March 24, introduced the option of deleting all messages.

How to do that?

The procedure is simple: keep your finger on the message and wait for the option to be deleted. When you select it, a pop-up window appears asking if you want to delete the message for the other participant.

Quite simple.

Feature “delete any message in both ends in any private chat, anytime” is added to the updated version of Telegram 5.5 with the explanation that it offers more privacy and more control.

The founder of Telegram, Pavel Durov explained on the day of launching this option that it is required because of the risk of taking someone’s old messages out of the context.

“Over the last 10-20 years, each of us exchanged millions of messages with thousands of people. Most of those communication logs are stored somewhere in other people’s inboxes, outside of our reach. Relationships start and end, but messaging histories with ex-friends and ex-colleagues remain available forever,” he states.

“An old message you already forgot about can be taken out of context and used against you decades later. A hasty text you sent to a girlfriend in school can come to haunt you in 2030 when you decide to run for mayor,” he added.

However, not everyone agrees with this interpretation of the “Delete for Everyone” option.

The US TechCrunch Tech portal, specializing in startups and new technologies, is against to what Durov says.

”More accurately it removes control from everyone in any private chat, and opens the door to the most paranoid; lowest common denominator; and/or a sort of general entropy/anarchy — allowing anyone in a private thread to choose to edit or even completely nuke the chat history if they so wish at any moment in time.” wrote this portal.

In addition, says TechCrunch, the new option allows Telegram users to manipulate edits.

”The feature could allow for self-serving and selectively silent and/or malicious edits that are intended to gaslight/screw with others, such as by making them look mad or bad.”

The competition, messaging app WhatsApp, also allows users to delete a message for everyone in a chat. But the WhatsApp’s delete features is restricted to messages you sent. there is no notification automatically baked into the chat history to record that a message was deleted.

In Telegrams new feature there’s no record.

The ‘record’ is killed.

There’s no indication there was ever a message.

The Telegram in its blog from March,24 named ”Taking Back Our Right to Privacy” wrote:”Today, we are giving hundreds of millions of users complete control of any private conversation they have ever had. You can now choose to delete any message you have sent or received from both sides in any private chat. The messages will disappear for both you and the other person – without leaving a trace.”

The Telegram in its blog from March,24 named ”Taking Back Our Right to Privacy” wrote:

”Today, we are giving hundreds of millions of users complete control of any private conversation they have ever had. You can now choose to delete any message you have sent or received from both sides in any private chat. The messages will disappear for both you and the other person – without leaving a trace.”

Also, there is no possibility to reassemble deleted communication.

Honestly, we are not certain, nor Telegram provides that information, does a copy stays anywhere on their servers.

Telegram claims “leave no trace on our servers”.

The absence of such information will easily open Telegram to finger-pointing it’s acting negligently. The offering such delete option with zero protection sounds pretty immoral and irresponsible.

A year ago Facebook was criticized for testing an alike feature. The incident was called as another Facebook breach of user trust.

Later, Facebook developed a weakened Unsend feature. That feature gives users the possibility to dismiss a message they’d sent. But it is possible only in the frame of 10 minutes after publishing the message.

Back to Telegrams new app.

Only Durov could prove that the messages are deleted from its end too.

Honestly, it requires unimaginable established server’s memory even for a tiny item.

If everything as like as Durov said, we could go to his inbox and delete whatever we want.

Don’t you think so?

Maybe the new Telegram app is not so bad after all.

Don’t waste your money!

risk disclosure

1st April 2019
Millennials – Five stereotypes about them

3 min read

Millennials, also known as Generation Y or Gen Y, are the demographic group following Generation X and preceding Generation Z.

The results of the survey showed that 59 percent of people aged 18 to 34 years of age consider their peers egoistic, 49 percent that they are useless, and 43 percent greedy.

Only 36 percent of the millennials stated that members of their generation are hardworking, and 24 percent are responsible.
Is that right?

Generation Y is often characterized as a group of young people who are lazy, irresponsible, and who expect to be served almost for nothing. A survey by the British magazine Guardian suggests the opposite, indicating that stereotypes about the millennials are largely ungrounded assertions.

A lot of articles have been written about what the millennials have ruined.

This is the generation that changes the world by not agreeing to a job of 9 am to 5 pm, to conventional jobs.

They are shaped by the fact that the state did not provide the job for them as it was normal for older generations after the education.

Contrary, they are working in a world that is in ever-increasing debt.

But all of them were born in the period from 1980 to 1997. Today, they are a majority of the working-age population that is increasingly taking over the labor market and imposing his rules. And these are the ones that the older generations call “the youngsters”.

What are myths about millennials and their business habits and how correct are they?

Prejudice about Generation Y is not rare.

For example, they are spoiled, lazy and dependent on technology.

It’s important to know these prejudices, whether you are millennials or need to employ them.

Let’s break down some of the prejudices.

All the millennials are the same.

Although it is quite easy to identify some common values and habits among the millennials, the fact is that their number is so large that any generalization at the start must be wrong.

Even marketers who target millennials are always choosing subgroups within this generation.

Millennials are not all the same

That can vary drastically!

The millennials are equally, a guy with 24 who lives with his parents and drink in front of the drugstores, as well as the successful 36-year-old CEO.

That’s why, in the first place, they should be viewed as individuals, not as homogeneous groups of people of certain generations.

Millennials are lazy.

The fairly widespread prejudice of the millennia is that they want higher and better status. And much before they earn them and without any efforts. Besides, many are ready to say, they are not prepared to do as much as necessary to achieve the set career goals.

Personal development is goal 1 for Millennials

However, research once again shows a completely different picture: the majority of millennials said that learning opportunities and personal development are extremely important. That means they are not passive or spoiled lazy people, which is often assigned to them.

The Millennials are disloyal.

This is one of the more prevalent prejudices. The millennials are not loyal to the companies that employ them and that’s why they “jump” from work to work.

In reality, research shows that Generation Y stays longer with their employers than Generation X in their ages.
So, back off!

The millennials are inert.

You can hear they are satisfied with themselves and therefore do not perceive the work as a struggle.
Reality shows a different picture.

Many of them have student loans, and they are often poor because they work badly paid jobs or are unemployed.

They have average less income than two previous generations in the same ages.

This means that many of them are willing to work to provide economic benefits. This is supported by the fact that 59% of the surveyed millennials said that competition was the only reason why they got out of bed in the morning. This option was chosen as the most motivating by 50% of Baby Boomers, born between 1946 and 1964.

Millennials only deal with the digital world.

Although you certainly know at least a handful of fully digital-ignorant persons under 35. The fact is that 98%of millennials aged 18 to 24 have smartphones and are familiar with digital technologies.

Millennials deal with the digital world

However, this does not mean that this is the only world they are dealing with.

When it comes to learning new skills, Generation Y prefers live contact, rather than via the Internet.

It is certain that this is not the end of the list of prejudices about the millennials.

To observe the whole of this group of people as homogeneous at the start is a serious error in the mind.

That’s why every person, whatever the generation belongs, should be observed as an individual who has his own characteristics and things in common with his generation. That may not necessarily determine its qualities but it will help you to understand them.

Millennials and their finances

Generation Y makes up a significant and growing percentage of the workforce, and it is estimated that by 2025, they will make up about 75% of the total workforce.

Millennials are overflowed by debt

The majority of millennials are overflowed by debt.

The big expense of education takes to significant debt. Some surveys show that more than 70% of millennials have at least one long-term debt.

The same source point that 30% have more than one. That may be student loans or revolving accounts. Also, Generation Y has unpaid medical bills.

All this touches millennials’ capacity to handle their outgoings. One in four, meaning 25%, has overdrawn their checking account in the past year. In the same period, 23% withdrew the money from their retirement accounts.

“Young adults may not understand how taking money out of their retirement accounts now has an exponentially negative effect on account balances in the future,” says Ted Beck, former president and CEO of NEFE.

Our question is, did they have some other possibility?

There must be some ways to earn money.

According to this research, the majority of Generation Y feel they have significant debt and they are generally disappointed with their financial position.

The fact is that paying off debt ASAP is the priority but how to do so if there is no steady paycheck?

Rising a career is a difficult and individual path.

We heard it so many times: Generation Y should think about long-term possibilities.

They have to find a solid career that will produce the income to finance expected goals.

How? Where?

Many of millennials are already in high corporate positions. But the majority still have a problem to handle their debts.

Maybe this can be the solution.

The early ages are a good period of life to save for major purchases.

Do you want to know how?

Don’t waste your money!

risk disclosure

31st March 2019
Swing Trading and Day Trading – Make A Difference

4 min read

Swing trading or day trading? Where is the difference?

For some new trader, day trading and swing trading are like two different movie roles.

Day traders open and close many positions in a frame of one day. On the other side, as a totally different character, is a swing trader. Such a trader takes trades that last many days or months.

The different styles satisfy different types of traders. It depends on some factors such as the type of market, how much time they want to spend on trading, or what characteristics they have as traders.

Normally, both methods have the same goal: to make a profit grown on price changes in the market.

First of all, you should know all the features of your trading system. You have to feel comfortable when trade and you must profit from it.

Never ever pick your trading system randomly. Or because it works for someone.

Why is that?

Because the trading system is like a pair of gloves. The only one will suits you the best.

Your trading system must meet your temperament.

It isn’t about that swing trading is better than the day trading. It is all about which method satisfies a trader’s individual goals.

Some traders will adopt swing trading, but others will use day trading.

Day trading is good for traders who want quick returns. For example, a day trader risks 1% of funds on each trade. If there are loses, the trader loses 1%.

What does happen if a trader win?

A trader will make 2%. Do you know why?

Reward to risk ratio is 2:1.

Let’s go deeper!

Assume the day trader wins 50% of trades. And the trader makes, for example, 6 trades in one day. That will be in the final score 3% on the account balance. Yes, minus trading fees.

Well, with making 1% per day the trader will increase trading account by more than 200% per year.

Wait, nothing is so easy!

On the other side of the medal is that you can very fast drain your trading account if you opt day trading.

How?

Let’s see!

You must have winning trades twice more than lost trades. At the same time, you have to win 50% of all the trades you take.

Tell now is it easy!

Swing trading collects gains and losses increased gradually.

The purpose of swing trading is to take larger price moves than it can be found as intraday price performance.

In other words, swing trading has based on the fact that the price does not run in a continuous course.

For you to have a clear picture.

Have you ever see the waves on the ocean?

That’s how the price moves in swings, depending on the short-term price trend and momentum.

The essential concept of swing trading is to enter at or near one swing top and exit at or near the next.

Just like riding the waves. Swing trading is a trading methodology that seeks to capture a swing.

Just like a surfer trying to catch the wave. Swing trading, in essence, is to catch one move in the market.

In an average month, the swing trader could profit 3%, minus fees.

For a one year, a swing trader may gain 36%, which sounds good. Some proponents of day trading will tell but offer less potential than a day trader’s possible earnings.

But swing trading fans will tell that has a much larger profit potential than day trading.

On their benefit, the time frame for trading is larger so the profit targets are also greater.

The truth is if you modify the numbers of trades won, the wins compared to losses will have an influence on earning potential.

Sound logical indeed!

The universal rule, day trading has more profit potential. Especially if you trade with a small account.

Well, everyone would like to trade with a large account.

But there is the catch with day trading.

When the volume of the account increases it is harder to employ all the resources on short-term day trading.

Or think about this!

For example, the percentage of returns decline the more capital the day trader has.

The money returns are increasing, of course! But 3% of returns on $2 million account is still more than 50% on $100,000.

The capital demands

Day trading and swing traders can begin with different sums. It depends on which market they want to trade. There are some differences if they trade the stock, forex or futures market.

If you want to day trade stocks in the US it is recommended to start with $25,000.

A swing trader will start with $10,000 and rather with $20,000 if want to pick a profit from trading.

A lot of money indeed.

But if you want to start day trading on the forex there is no minimum needed for that.

Well, it is advised that traders should start at $500. To swing trade forex, the minimum recommended is about $1,500. But you would like to start with more. You will need the capital that allows you to enter a few trades at one time.

To trade futures as a day trader, you will need about $6,000 more or less.

For example, trading micro contracts may require less.

For swing trader to trade a futures contracts, it is recommended at least $10,000. Even more! About $20,000 or more is better.

This amount depends on the margin demands of the contract you want to trade.

Time frames differences

Frankly, day trading takes up much more time. Day traders ordinarily trade for at insignificant two hours per day.

Are you sure you have 2 hours every day to dedicate to trading?

There is preparation time, too. That means spending three to four hours at the computer.

Swing trading will demand a much shorter time. For instance, a trader is swing trading off a daily chart. Such a trader may find new trades and update orders on current positions in less than one hour.

Even less!

Some swing traders will finish all about trade once a week. That means a one-hour per week, and moreover, not over the night.

They can go to sleep earlier! Or do whatever they want! Go to the cinema! Or have a romantic dinner!

If you prefer to be an unfortunate day trader, you must do day trading while a market is open and hot.

On the other side are swing traders. They can place orders at any time of day. Even when the market is closed.

They are such lucky guys!

The bottom line

We cannot say the one trading style is better. They are just different. Both can be suitable for different needs.

Day trading has more profit possibilities.

Swing trading has a bigger chance of percentage returns.

There is one big difference.

Money demands to start trading are considerably different.

Day trading requires more time than swing trading.

But swing trading demands less stress.

Anyway, your decision will be the last one. But remember, you have to find the one which will suites you the best.

For your profit.

Don’t waste your money!

risk disclosure

29th March 2019
Swing Trading Forex Explained

2 min read

Swing trading Forex is a type of short-term market speculation where positions are held for longer than a single day.

It has relationships to long-term trend following. But you instead are looking for much shorter market moves.

Also, swing trading is a longer term trading style. It requires patience to hold your trades for several days at a time.

It is excellent for those who can’t monitor their charts throughout the day. For those who can dedicate several hours examining the market every night.

The swing trader is actually looking for multi-day chart patterns.

Why?

To achieve bigger price moves or swings than you would typically get from a day trade.

It is possible to start forex swing trading with $1,000 or less. Moreover, with the right plan, it is possible to start making a small income or to grow the account.

The point is that the forex market gives precise control over positions size and risk.

So, even a small account can be traded in the same way a experts trade a large account.

But you have to know some steps that guide you through the process of growing any size forex account.

Yes, you can start with less, but if you want a decent income, you should start with at least $500.

The problem with start with less than $500 is that you’ll be limited on the trades you can take.

On the other hand, $1,000 gives you a bit more space. So you should be equipped to take most of the swing trades.

This is apparently best suited for those who have enough free time to stay up-to-date with what is going on in the global economies.

Swing trading tries to recognize “swings” inside a medium-term trend and enter only when there are big chances of winning.
In general, swing trading is taking trades which last for a day to a couple of weeks.

When you swing trade the point is to spend about 20 minutes each night finding trade set-ups. This happens after the US market close but before the London market open.

You can set your entries, stop losses and targets and go to sleep.

The advantage of swing trading Forex

The advantage is, the risk is managed and the targets and stop losses are set. So there’s no need to continually monitor the trades.

When you set targets longer than stop losses, the math will be done and increase your account.

Even if you gain only 40% of your trades you will be profitable using this method.

The trades last much longer than one day. So larger stop losses are needed to overcome volatility. A forex trader must adjust that to their own money management plan.

There can be many changes in the price during the shorter time frames.

Hence, you will experience trades go against you during the holding time.

It is essential that you are able to stay cool during these times and trust in your analysis.

Forex Swing Trading and Brokers

Before getting into swing trading, it is recommended to have the right type of forex account.

Your account must allow you to trade micro lots.

Why is this necessary?

A micro account allows you to trade in 0.01 lots. That means each pip is worth $0.10 for example in pair EUR/USD.
So, each pip is worth $1.

A standard account expects trading full lots, where each pip is worth $10.

The good thing with a broker that lets you trade micro lots is that you can really adjust your position. Assume you increase your account to $10,000. You’ll still want to be able to trade micro lots. With micro lots, you can adjust your position so you’re risking 1% of your account.

On a $10,000 account, with risk at 1%, you can lose up to$100 per trade. With a 70 pip stop loss, you can take 14 micro lots which give you a risk of $98.

Can you see the difference? Nice!

Trade micro lots and trade with a broker that lets you trade in micro lot profits regardless of account size.

Try to find a broker with small commissions. The spreads could be less than a pip in most pairs. This is perfect for swing trading Forex.

The bottom line

Swing trading is more of a style, not a strategy. The time frame defines this style. There are countless strategies you can use to swing trade. Swing trading is a style that moves over short to medium time frames. It occupies the very short time frames of day trading and the longer time frames of position trading.

The support and resistance are the key concepts behind this style.

Swing trading Forex strategy gives you the choice of following the trend. Also to trade counter to the trend.

If you don’t mind holding your trades for several days or you don’t mind having large stop losses.

You are stable and swing trading Forex is for you.

Don’t waste your money!

risk disclosure

28th March 2019
WazirX Cryptocurrency Exchange Review

2 min read

WazirX is an Indian cryptocurrency exchange. It is run by Nischal Shetty, Sameer Mhatre, and Siddharth Menon.
This India’s largest crypto exchange is now open to all countries. They are giving away free WRX Coins for signing up.

As we wrote before, the Reserve Bank of India on 5 April 2018 directed all banks to end their existing banking relationships with cryptocurrency exchanges and traders. The ban became active on 6 July 2018. The ban was, however, appealed. The final hearing before the Supreme Court in such appeal was on 11 September 2018.

And now there is in India the largest crypto exchange opened to the traders all over the world.

In its blog, the company pointed out that fiat to crypto conversion is a global issue and a lot of cryptocurrency enthusiasts across the globe struggle to convert fiat to crypto and vice versa. They have to rely on local platforms that charge high fees and high spreads. WazirX wants to take its tried-and-tested P2P platform to solve this problem across the globe.

WazirX offers real-time open order books, charting, trade history, deposit, and withdrawals. So you can trade and invest in some of the world’s best performing digital assets.

The user interface UI is friendly and easy to use.

WazirX Exchange Offers:

– Peer 2 Peer Transaction
– Cryptocurrency Exchange
– WRX Mining

There are a large number of cryptocurrency exchanges based in India. In addition to this exchange, there are Koinex, EthexIndia, BITSSA, Unocoin, and ZebPay, to name a few.

But most of them only offer to trade in BTC however. The only Indian cryptocurrency exchanges with more than a dozen different cryptocurrencies traded are WazirX, Koinex, and ZebPay.

Different exchanges have different trading looks. You have to determine which trading look that suits you the best.

What their designs usually have in common is that they all show the order book or at least part of the order book, a price chart of the cryptocurrency and order history.

What makes WazirX different?

WazirX trading fees

WazirX charges 0.25% if you’re a taker.

It also takes the silver medal with respect to its maker fees, only BITSSA charges lower fees.

The exchange charges 0.10% if you’re a maker. This means a 0.15% discount compared to the exchange’s taker fees.

They are giving away free WRX coins

WRX is a digital asset just like Bitcoin. We found on their official web site that there will be a maximum of 1 Billion WRX coins ever created. Over a period of time, creators expect the value, utility, and liquidity of WRX to increase substantially.

By owning WRX coins through the WazirX signup and referral reward program, you become one of the early holders of the coin.

Why they are doing this?

As we could see, they want to gain customers trust and involve you in helping them build WazirX.

That’s why they want to reward new customers for joining in early.

Also, they intend to build a strong user community.

”This also helps us stay true to the ethos of crypto and blockchain – to share the wealth instead of hoarding it,” they stated on the official web site.

They planned to launch WRX. Instead of launching an ICO first, they plan to include community members as the first holders of WRX.

If you join directly from a there website you will get 100 WRX.

WazirX withdrawal fees

WazirX charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the global industry average. We can say that is a rival advantage upon the majority of other top crypto exchanges in the market.

Deposit methods

WazirX allows wire transfer deposits but not credit card deposits. As far as we know, only one Indian cryptocurrency exchange allows credit card deposits at all (BITSSA).

Security

This is actually the only place where this particular cryptocurrency exchange takes the first place among Indian cryptocurrency exchanges. No other Indian cryptocurrency exchange has a higher security score.

WazirX is the most secure exchange in India.

On their web site, we found a detailed explanation about some important practices you should follow to keep your WazirX account secure.

One point more for them.

It is safe to trade, but it is a still new platform in the Indian market. So it will take time to build trust in Indian crypto trading community.

And now, all over the world.

The bottom line

WazirX is a good platform. If everything goes right, this Indian exchange has the potential to become the best Indias exchange in future years. WazirX, the largest Indian crypto exchange is opened to traders all over the world now.

Don’t waste your money!

risk disclosure

27th March 2019
Forex trading commissions – how to pay less

Forex trading commissions can eat up a big part of your Forex profit.

By Guy Avtalyon

What are Forex trading commissions? We want to share with you some little-known ways to save on commissions. Also, we will show you how to cover back your costs.

Well, in any business that you go into, you’ve got specific costs: rental cost, marketing cost, etc.

In the trading, commissions are the transaction costs. That means, we pay it to broker and that’s how the broker makes money.

How do brokers charge their Forex trading commissions?

There are 3 kinds of brokers, but let’s separate them into 2 main groups:

1 – market maker

These brokers charge a commission on the market bid/ask spread. Whatever the bid/ask spread is, they’ll quote you one or 2 pips higher.

For example: if the market is quoting at 1.2456 they will quote you at 1.2457. This extra pip goes to the broker so they can make money.

2 – ECN brokers

An ECN broker is a forex financial expert that uses electronic communications networks (ECNs) to give clients direct access to other participants in the currency market. They charge a fixed commission. The lowest commission we saw is $3,50 per lot.

That means, for every lot you trade, they will charge you $3,50 to buy and $3.50 to sell.

So, when you open and close a position, known as a round of the trip, the total commission you will pay is $7.
Let’s see what the bid/ask spread looks like for two sorts of brokers.

Assume you want to go long on one lot of EUR/USD. And you buy at 1.2456 and exit at 1.2476 making you 20 pips in profit:
20 pips x1 lot = $200

But there are commissions.

Let’s see how the different kind of brokers will charge you Forex trading commissions:

Market maker: They quote you 1.2457, which is 1 pip more, that will cost you $10 per lot. When you sell, they quote you 1.2475, which is 1 pip less, and that will cost you $10 per lot.

So we can see that the total cost of your round trip is $20 per lot. Out of your $200 profit, $20 goes to the transaction costs. That is 10% of your profit.

Your cost can be higher if they were marked up by more than one pip.

ECN broker: When you buy at 1.2456. They charge you a fixed commission of say, $3.50. When you sell, you sell at 1.2476 and again, you will pay $3.50. The total cost per lot is $7 off your round trip. It is also out of your $200 profit.

And, can you see the difference?

It’s in all the math.

What else you need to know about Forex trading commissions?

First of all, how much commission you pay when you place a trade depends on the number of lots you trade or your position size.

Meaning, the bigger your position size, the bigger the number of lots you trade, and the higher the commission you pay for your trade.

So, let’s see, what defines the number of lots you trade or your position size?

Of course, it depends on how close your stop-loss is.

Do you know the formula?

Your stop-loss distance is the only point you can really manage on a trade-by-trade basis. The smaller your stop-loss distance, the bigger the number of lots you trade, and the more commission you pay. You can check this plays out using a Forex position sizing calculator, it’s easy to find online.

So, you’ll see, your account size is $5,000 and your risk is 3% per trade, and your stop-loss is 8 pips away. With the help of this calculator you know you’ll be trading 1.875 lots. and you know that you have to pay the commission of $7 per round trip.

The math shows:

$7×1.875 lots + $13,13 commission.

But what will happen if your stop-loss is 20 pips away?

The calculator shows that the number of lots you’ll trade is 0.75. Let’s calculate the commission:
$7×0.75 lots = $5.25 commission.

Should you go for a wide stop-loss?

That can be okay if you are a position or swing trader.

But if you have experience of a few weeks or a few months your stop-loss is further, for example, 30, 100, or 200 pips away.
When you got a wide stop-loss, the number of lots you trade will be less. On the other hand, the transaction cost takes up a smaller percentage of your profit.

The one thing is certain: As a trader, you have to pay the spread and your broker always earns it. To get the best contract possible, you have to choose a reputable broker. The one who has substantial relationships with the large foreign-exchange banks.

You will find in the end, the cheapest way to trade is with a very reputable market maker who can provide the liquidity you need to trade well.

27th March 2019
The pattern day trader rule

3 min read

The pattern day trader rule is among the most misunderstood stock market terms. The rule says you must support a brokerage account balance with at least $25,000.

FINRA rules define a “pattern day trader” as any customer who executes four or more “day trades” within five business days, provided that the number of day trades represents more than six percent of the customer’s total trades in the margin account for that same five business day period.

This rule represents a minimum requirement, and some broker-dealers use a slightly broader definition in determining whether a customer qualifies as a “pattern day trader.” Customers should contact their brokerage firms to determine whether their trading activities will cause them to be designated as pattern day traders.

Just leave this confusing definition. Forget it!

Point is that you need a minimum $25,000 to start the day trading!

Are they crazy? That’s a tonne of money, don’t you think? Who can start the stock market run with that much money? So, what a day trader has to do?

Yes, we have to leave hypotheses. There’s so-called pattern day trader rule. And it is considerably more complicated than most people think.

You probably hear about the term “day trader”, but you don’t hear “pattern day trader.”

Honestly, they’re actually the same.

However, if you want to get into day trading you have to know the rules.

The Financial Industry Regulatory Authority (FINRA) rules, provides a clear definition of who a “pattern day trader” is.

Once again, you’ll need $25K to day trade.

Well, if you don’t know the complexities of these rules, you could possibly find yourself broken one day.

Hence, here’s what you have to know to be a pattern day trader.

Day trading isn’t for everyone.

It depends on your risk tolerance. Or how much time you need to allot to learn about day trading. However, there are a few key postulates. You have to keep them on mind before you become a successful day trader.

Do you want to be a pattern day trader?

Essentially, a day trade is when you buy and sell or sell short then cover the same security during the same trading day.

If you do this more than 4 times in five business days, and if the number of day trades is more than 6% of your entire trading executions in that five business days, you’re a pattern day trader.

Nevertheless, if you trade, for example, three-day in five business days, you’re not a pattern day trader. So, you don’t need $25,000.

But if you want to trade every day, then you have to follow some rules.

Even if you’re not a pattern day trader, you can still make money.

There are so many traders able to add money to their accounts using some individual strategies. And they would never call themselves a pattern day trader.

From a pattern day trader, is demanded to maintain minimum equity of $25K on any day when executing day trades.

This minimum money must be in your account before you perform any day trades.

So what happens if you get a few losses and your capital falls below $25,000?

Breakdown the pattern day trader rule

The rule is simple. You are not ready to “day trade” until you recharge your account with the $25,000 minimum capital.

You can do this by a combination of cash and available securities, of course. The cash isn’t the only way.

Pattern day traders who exceed the day-trading buying limits will get a day-trading margin call.

After that, they have five business days to collect funds to meet the margin call.

If the margin call is not served, the account will be restricted to only two times the maintenance margin excess.

Moreover, if it’s not filled by the fifth business day, such pattern day traders will be restricted to trading only on cash. That will be the available basis for 90 days or until they meet the margin call.

Listen, it is just nonsense.

Who did tell you are not successful in the market just because you have a small account?

You just might not meet the margin requirements to be recognized a day trader.

For example, you can build your wealth on low-dollar investments.

Examples of the pattern day trader rule

Say, if you buy 200 shares of Apple. And, you sell 200 shares the same trading day.

Voila! You are a day trader!

So, according to FINRA, if you do this extra 3 times inside five business days, you are a pattern day trader.

But, for example, you bought 200 shares of Apple and did not sell until the next trading day.

This is not a day trade.

So, what if you have a small account or simply you don’t want to open an account with over $25,000?

Well, you could look to other effective trading styles.

The bottom line

The pattern day trader rule does not limit you from making more than three trades per week. You can hold stock or even two or three stocks overnight, every single night, but you are limited on your intraday trading to just three intraday trades per week.

Those who are looking to day trade need to understand how the pattern day trader rules.

You should know is a pattern day trader is for you. Anyway, there are some other ways to become a profitable trader.

And, more important, without an enormous trading account.

Don’t waste your money!
risk disclosure

26th March 2019
The Bear Market Rally How to Recognize?

What is a Bear market rally, how to recognize it, what to do?

By Guy Avtalyon

Some analysts claim that the bear market rally will come later this year or next. If it will, it is time to get out of stocks. The returns tend to be the strongest 12 months or so before the start of a collapse.

Historically, profit has been smaller for investors who got out two or three years prior to a recession.

But, past performance is no guarantee of future results.

So, are we in a bear market rally or a new bull market?

We’ve been in a bear market since the market’s peak in early October.

The current stock bull market becomes 10 years old this month.

It was a useful time to participate. Especially if you’ve held to an investment strategy that prefers dividend-paying stocks.
The bull market will end with a whimper. There will not be a bang!

We’re definitely in a bear market. It started on September 21 of last year, actually. On that day the S&P 500 last hit a record high.

A standard bull market pattern looks like an elevator. It is described as a gradually rising market with an absence of volatility.

For example, the bull market of November 2016 to January 2018 was a typical bull market.

There wasn’t one 3% pullback during the entire period. That was a new record on the market.

There is always the risk that this time is different due to changes in market structure.

We are at the beginning of a “new bull market” at least in a headline-oriented technical sense.

Will it last, or are we fated for a double top?

This month is likely going to be a crucial point in helping to find the answer.

Three big news events were set to reveal what markets the world over have been expecting for years already.

The first was the March 1 trade deal deadline that President Donald Trump had set with China.

The second is the March 29 Brexit deadline. The third materialized in February with the Federal Open Market Committee releasing its Jan. 30 meeting minutes. In those minutes, “almost all” FOMC members agreed that an announcement to end balance sheet normalization should be made “before too long.”

What is the bear market rally?

The stock market is volatile and in continuous changes. Investing in stocks is relatively risky. It can be difficult for even the most experienced analysts to predict where the market is headed at any given time.

Even throughout times where the market seems to be acting well, stock prices can apparently begin to fall.
On the other hand, there is a possibility for stock prices to rise in a poor market.

That is known as a bear market rally.

A bear market rally is a period during which stock prices increase despite the fact that the market on a whole has been on a downward swing. This is the definition.

So, once again!

The bear markets are characterized by falling stock prices. When markets upswing that can be a pleasant turn for investors. Also, it has some disadvantages.

Bear market vs bull market

The terms “bear market” and “bull market” are adopted to define the quality of the stock market over a given period of time. They are originated from the behavior of how these animals strike their victim.

When they’re on the offensive, bulls tend to attack with their horns thrust upward, but bears tend to swipe their paws down.
When is the bull market, we are talking about high investor confidence and widespread optimism. Through a bull market, stock prices frequently go up within other positive economic factors.

A bear market, as contrast, is a period of low investor trust and depression. Stock prices normally fall during bear markets. They usually project overall economic downfalls.

Dangers of bear market rallies

Through a bear market rally, stock prices regularly rise between 10% and 20%. Bear market rallies can last from a few days to several months. Anyway, they are short-lived.

The confusing thing, a bear market rally with an approaching bull market, are both periods where stock prices rise.
Where is the difference?

The difference is that bear market rallies are temporary, and they’re almost always come before periods of more drops. Just before the stock market crash of 1929, for example, there was a brief bear market rally. Unfortunately, that really was replaced by a deeper crash that in the end resulted in the Great Depression.

At first sight, a bear market rally sway appears like a good thing. The investors have a break from the descending direction of the market.

True is, bear market rallies can be terrible for investors who start buying stocks because they hope that things are turning around on a long-term cornerstone.

And, what happens then?

They lose money when those rallies end and the market proceeds its continuing drop.

The reality is that it is hard to separate the bear market rallies and new bull markets.

It makes buying stocks a gamble.

Especially if you are for short-term investors looking to get in and get out quickly.

Long-term investors are not burned when bear market rallies give way to plunging stock prices.

They can wait for the crisis to go away.

Don’t waste your money!

25th March 2019