Author: Editor

  • Investing or trading Bitcoin? What Is The Difference?

    Investing or trading Bitcoin? What Is The Difference?

    Investing or trading Bitcoin, this choice should depend on the knowledge of Bitcoin and the available property.

    2 min read


    The nature of Bitcoin is extremely volatile and the price can dramatically drop in the span of a few hours.
    Truly roller coaster!

    Because of that, the majority of traders give up after a few months or after the first market crash.

    Each time the Bitcoin bubble creates a hype that puts Bitcoin at the front pages of news, the media becomes more interested.

    Then the price keeps on rising and investors become millionaires. That’s until the bubble crashes and the circle starts all over again.

    That doesn’t mean you cannot get your hands on Bitcoin and own at least a bit of what is believed to be the future of currency. What you do have to understand is the difference between investing and trading Bitcoin.

    One of the greatest advantages of Bitcoin is its decentralized nature, which doesn’t require a  central authority or a middleman to be involved. Therefore, you can send money to anyone living around the world, eliminating banks. Most importantly,  you don’t have to pay extraordinary fees or wait days for the money to arrive at your bank account – it takes minutes.

    All the transactions that have ever happened are recorded in the so-called public ledger. The ledger is based on blockchain technology and allows anyone who’s a member of the Bitcoin network to access the records and see every user’s history.

    Thus, nobody can cheat, steal money or double-spend them.

    If there was anything suspicious happening, the entire network would be notified.

    Bitcoin is exciting and magnificent and unique due to the technology behind it and the idea of being free from governmental control.

    But before you decide to jump into investing or trading Bitcoin, there are few more things you have to know about its nature.

    Bitcoin isn’t a fiat currency, hence its price isn’t directly related to the economy or policies of a single country. It has a difficult history of ups and downs, many of them related to worldwide events.

    BTC will never disappoint when it comes to delivering exhilarating shivers down your spine.

    If you want to, you can spend all day long tracking different exchanges and trading.
    It is a roller coaster!!!

    Bitcoin is well-known for its rapid and frequent price movements, sometimes even throughout a day. For traders, it’s yet another exciting opportunity to gather quick profits.

    There is no official Bitcoin exchange, hence there is no official Bitcoin price. Bitcoin exchanges operate around the clock.

    Trading vs Investing Bitcoin

    Is It Better to invest or trade Bitcoin?

    This choice should depend on the knowledge of Bitcoin and the available property.

    Investing in Bitcoin can start from a small amount which can be increased with time and experience.
    It’s a long-term project, which might lead to accumulating a large amount of money.

    Trading should be reserved for those who know the Bitcoin nature in-depth and aren’t afraid of losing.
    The constant fluctuation of Bitcoin can be an exciting experience for any trader. On the other hand, it can scare away those who do not know how to deal with or handle it.

    In other words, the difference between investing and trading Bitcoin lays not only in the technicalities of it but also in somebody’s character and temperament.
    A lot of beginners are deceived with an idea of how much they can make from trading Bitcoin. It surely is a more dynamic environment and rates are changing quicker than in a traditional stock exchange, but that only indicates an even higher risk. The fluctuations in the value of a conventional currency can be measured in a fraction of a penny. Bitcoin prices, on the other hand, rise and fall dramatically throughout one day. 

    This isn’t advice, just notice to you who want to start trading or investing, doesn’t matter. You would never start with all of your capital. You would rather build the experience and understand the market properly.

    Investors can wait through the knockdowns and have the resources to postpone the bad impact.
    Traders, however, are often compared to professional gamblers – they have to act quickly and know when is the right time to leave the game.

    What else you have to know about trading and investing Bitcoin?

    You should never keep all your eggs in one basket.

    What does it mean? But don’t be mislead that the most secure option is to store your Bitcoins on some exchanges wallet.

    Why is that? If you’re thinking about trading, you also have a large amount of money to put on the market.
    Be cautious and invest in a secure and reliable wallet. An exchange can be closed and busted anytime, and so are your money.  It happened in Bitcoin’s early days. The catastrophic collapse resulted in losing over 800,000 bitcoins and customers were never able to receive their money back.

    Some see trading Bitcoin as a Wild West, without any regulations and legitimate backup. While others are sure that it is a manifesto of liberation. Something is well known, it’s a game of which nobody can predict the end result.

    Well, we hope that Bitcoin is gonna win! We are working on it!

    Listen to this guy.

    Risk Disclosure (read carefully!)


  • Work from Home – Only Some Can Make Money From Home, What Are They Doing?

    Work from Home – Only Some Can Make Money From Home, What Are They Doing?

    Work from home requires discipline, focus, and commitment, but the flexibility to define that yourself.

    2 min read


    C’mon, are you sure you want to go to the office every single day to the rest of your lives?

    Well, I don’t.

    I’m working from home. No matter what you call it.

    Remote working. Telecommuting. Work from home.

    It’s extremely popular.

    And it gives me the opportunity to sit on my porch or in bed and work. Don’t try to visualize me. I’m not what you see on job boards or in stock art pictures. When people think about how to work from home. 

    Many imagine sleeping in late, lounging around in their pajamas and have long slowly lunches.
    Contrary! 

    You need to realize that even though work from home offers a great amount of flexibility, it is still a professional job and it needs to be treated as such. 

    I wake up, get dressed, sit in front my computer, and start to work from home.

    What is one of the important advantages of work from home? 

    Setting office hours is one of them, having a dedicated office space, avoiding homebound distractions, and actually dressing as if you were going to an office.

    That help keep your mindset sharp and focused.

    I can witness for that.

    But it’s not for everyone, and some do it more successfully than others.

    If you are disciplined with your time, and you don’t need a relay with co-workers throughout the day, and you are independent in making decisions, and good organized, this is the right work for you.

    To be effective in work from home, you have to have the excellent critical thinking, organizational and communication skills. Along with being able to block out distractions. 

    It requires discipline, focus, and commitment, but the flexibility to define that yourself. If you want to work from home, of course. 

    The biggest benefits of working from home are its flexibility,  saving money on transportation, dry cleaning costs, lunches were eaten out, child care costs, no boss looming over your shoulder, no co-workers to interrupt you, and no dress code.

    Sound pretty good, don’t you think? You must know that working from home is more productive.

    But, it’s important to let friends and family know that although you’re working from home, you’re still working.

    How To Successfully Work From Home

    1. Get organized – Don’t work too much or too little, get organized systems, schedules, and to-do lists.
    2. Have workspace – You should ensure that your office space imitates that of a true work environment.
    3. Plan your day – This will help you minimize your distractions and maximize your true productive times.
    4. Be computer savvy – This can make your work easier but also can give you the opportunity to have more profitable jobs. One of those kind of jobs is online trading and investing. Stocks, currencies, whatever you want.

    HOW TO TRADE OR INVEST FROM HOME

    Once upon a time, people relied on the services of a stockbroker, who would make buy and sell orders on the customer’s behalf.

    Today, individuals are able to execute buy and sell orders themselves in a fraction of a second using computerized trading services.

    But, reading online articles doesn’t make you qualified to trade.

    Reading the classics of investment literature could be helpful.

    However, the best way is to set aside six months to practice trading with real-world data before investing your money.

    You can use some demo account and practice. After that create a trading fund and open a separate bank account for it. Do what you can to establish a fund that is separate from savings.

    Write down a trading strategy.

    You have many trading strategies available on the market. You can choose your own investment strategies, but you should include the parameters on how you choose stocks or currencies, when to purchase them and when to sell.

    Create a spreadsheet that tracks your investments, establishing parameters for the dates of purchase and sale and the costs involved.

    Buy and sell according to your strategies, and be disciplined with your budget. There will be ups and downs, but don’t deviate from your parameters.

    A lack of discipline leads to bigger losses and failure.

    When you’re looking for an online broker, consider the costs of each service the brokerage provides and the level of support you will need from qualified brokers.

    Choose your brokerage partner with open eyes!

    Before deciding to buy or sell any stock, you should carefully research the company, its leadership, and its competition.

    You don’t need a large sum of money to start.

    If you prefer to be a do-it-yourself trader, you can make use of discount online broker services. One that allows you to buy and sell not only stocks but also options, mutual funds, exchange-traded funds, fixed income funds, bonds, certificates of deposit, retirement accounts and more.

    You will make the final decision on each investment and whether or not to buy or sell. Make intelligent decisions about what you can afford to invest. Consider investing a portion of your money in an electronically traded index fund, which holds many stocks.

    There are no magical advantages, secrets that can make you more successful.

    It is a misconception of beginners in trading or investing.

    Remember several things:

    The professional trader doesn’t make money or have a job unless they are profitable. They realize that trading is NOT a fast and easy way to riches.

    You must have a strategic trading plan, proper risk management, and simple strategies to protect your investment and reduce risk whenever possible.

    Make a solid 2% gain than risk thousands of dollars for a possible 5% gain with considerably higher risk unless you are the gambler.

    Long term thinking on every trade and realizing that keeping money is sometimes more important than making huge gains.

    Some traders at home don’t want to take the time to learn the skill of technical analysis indicators.

    If you commit time to these indicators and understanding how they work (and don’t work) I can promise you will start to trade more consistently.

    And know what, those of us who have worked from home for years wouldn’t dream of going back to a corporate office.
    Ever. At any point!

    Risk Disclosure (read carefully!)

  • Broker and You! Fighting or cooperating?

    Broker and You! Fighting or cooperating?

    Broker and You! Fighting or cooperating?
    The broker is known as a market maker and market maker takes the other side of your trade.

    By Gorica Gligorijevic

    Broker and you, what a nice relationship! Okay, you think your Forex broker is on your side. Nice! Wonderful! I’m excited! You have it! You found the best!

    But, are you sure that your broker wants especially you to be the winner? At the same time, 95% of Forex traders lose. And you have special status? Really?

    Do you really think your broker has built his business on the minority 5% who win? C’mon! Don’t be silly!

    Whether you’re already in the 5% elite (congrats) or working your way to it, you must know these three things. It can make the difference between long-term successes or Forex failure.

    How does your broker see you? 

    Really, what does he think about you? Actually, from your broker’s point of view, .you are an “A” group or a “B” group.

    The broker is not emotional. He has numbers and percentages in front of him.

    One group traders make up the 95% who constantly lose and the other traders are people who have been consistently profitable or more than 3 months.

    Group A, group B. 95% or 5%. Nothing else. If you are a newcomer, the broker will automatically add you to the “A” group until you prove otherwise.

    But, WHY?

    You have done nothing to be there, you are beginner!!! You just opened all of this for your first time!

    The answer is simple, your broker knows that 95% of new traders will lose, so he’s 95% sure he’s put you in the right group.
    Well, he isn’t sure 100%, notice that! If you lose, he wins. Only that matters!

    Forex brokers are known as market makers and market maker takes the other side of your trade. Never forget that someone somewhere is holding the other side of your trade.

    Let’s say you decide you sell 1 standard lot of EUR/USD. Now for you to take that trade, someone else has to buy 1 standard lot of EUR/USD. Right?  In other words, there always has to be a buyer and a seller for a trade to take place.

    If your broker is a market maker, he’s holding the other side. In other words, if you win, he loses.

    Simple? Yeah!

    But a bit unpleasant. Brokers make most of their money betting on the fact that you are going to lose. This is the conflict of interest 1/1!

    Honestly and fortunately, the majority of brokers don’t take the other side of your trades.

    Instead, they pass them on to other traders, acting more along the lines of what you had in your mind that a ‘broker’ is. Most of them simply connect buyers and sellers and take a commission on facilitating the trade.

    Your broker, your true and professional broker, will never take the other side of the trade, and he will never bet against you as a client. This secret has been revealed! Share with others!

    And be cautious, it never can be too much.

  • How to Quickly Make Losses on Crypto?

    How to Quickly Make Losses on Crypto?

    Make losses on crypto, it sounds so impossible. But life is not the fairy tale. 

    2 min read

    Yes, how to quickly make losses on crypto. Of course, I didn’t make a mistake in the title. I even didn’t mean to say “how to make a quick profit”. Although that’s precisely what attracts some people to cryptos.

    Because of the story of the people who bought bitcoins in the period from 2009 to 2012, and now they are wealthy, many of you can think that cryptocurrencies are a shortcut to opulence.

    You can earn quick, it is not impossible,  but this quick profit goes side by side with a big risk.

    Whoever loves quick earnings at high risk, should go betting or to casinos. It is much faster than earning on cryptocurrencies. 
    This post is for those who see the possibility of quick earnings in cryptocurrencies, and don’t see the risks. 

    The truth is: you can gain a suitable profit, but also you can quickly make losses on crypto.

    There is no profit with no risk

    Even in the world of cryptocurrencies. I’ll try to briefly introduce some of the biggest traps for insufficiently informed investors and traders who are looking for quick wages.

    Cloud mining

    You’ve probably heard that cryptocurrencies are generated through the “mining” process. You can invest a certain amount of money in hardware, this hardware is set to “miners” and money starts to come.

    Although many overlook the amount of work and some of the costs that exist there, it is still relatively difficult to find a miner to whom this investment is not profitable.

    Anyway, chances to quickly make losses in crypto are bigger here than anywhere. The equipment is more expensive and more complicated, crypto mining has become the business of big companies. There should be no illusion about that.

    There is another type of mining, which many have “harnessed”, known as Cloud Mining.

    It’s a much more elegant variety. You can rent someone’s hardware to mining for you, with a fee to the hardware owner.

    That’s it! Voila!!!

    However, there is one big problem: most of those who rent this hardware, don’t actually have it!

    Where is the catch?

    They pay old investors with money taken from new ones.

    Most of those who offer cloud mining are fraudsters. Personally, I would never invest in it, because there are a lot of possibilities to quickly make losses on crypto.  

    But if somebody wants, here are some things on which you have to pay attention:

    * If you buy hardware for mining, you need about a year to pay for equipment.

    Honestly, there are no guarantees that you will ever repay the investment. But whoever gives you guarantees that you can through cloud mining make more than 100% a year, you can be sure he is a fraudster. If an alleged cloud mining company is not recognized, for example, on blockchain.info/pools, it’s all fraud. There is a very small possibility to find it in the “unknown” category, but this option is really very small.


    Fake cryptos
    There are currencies which are presented as cryptocurrencies, and in fact, they are not. As something is not cryptocurrencies, it still doesn’t mean that it’s a scam, but you have to be very careful. When someone suggests you invest in a particular crypto, this is what you have to be aware, in order to avoid to make quickly losses on crypto: 
    If the income is not guaranteed by a company, but the individual who offers you this investment, then that individual is either a fraudster or unauthorized person.

    The reason is clear:

    There are no guaranteed earnings in cryptocurrencies, nor anywhere else!

    Also if the currency cannot be bought or sold on the free market, you should be very cautious.

    In this case, there is the opportunity that price is manipulated and keep at an unrealistically high level in order to make the investment cost-effective.

    Cryptocurrencies generally are open source, if they are not, you can be sure it’s fishing.

    Trading markets

    Whoever is considering trading on the stock exchange should have one thing in mind: there are always more losers than winners. That mean, you have to be better than most participants and then you can earn.

    All right, all the generals are great after the battle. Don’t listen the others, you have to find your own path.

    If you do not have experience with trading on the stock or cryptocurrencies markets or knowledge, there is the bigger chance you will be easy prey.

    That’s all I have to tell you at this moment. Let us know what do you think!

    Risk Disclosure (read carefully!)

  • Women are better at investing Than Men

    Women are better at investing Than Men

    2 min read

    Women are better at investing

    Reports find that women are better at investing than men.

    Period!

    The big investment firm Fidelity says that female investors outperformed males last year by 0.3%. In fact, Fidelity found that females outdid men in the past decade.

    Women have had a pretty bad reputation in global financial markets. As investors, the perception is that they joined the game too late, they saved too little and they invested too conservatively.

    Additionally, insults about women capacities and their mental abilities appeared from respectable figures. Larry Summers’ comment that innate differences between men and women may explain the relatively low number of women scholars in the physical sciences. Those words raised a lot of uproar in academic circles and at Harvard University, where at the time Summers was serving as president. Some are ready to claim that this controversy cost Summers his job. Lawrence Summers must be noted, served as U.S. Treasury Secretary during the Bill Clinton presidential years and became an economics professor at age 28 and has written 150 scholarly papers. He advised President Obama on what to do about the biggest banks and the auto industry during the Wall Street subprime debt meltdown of 2008.

    Have you seen the statue of the “fearless girl” facing the Wall Street bull?


    State Street Global Advisors put up the statue to mark International Women’s Day and it’s getting a lot of attention.

    What that statue try to tell us? The market is blind to your sex. The market is blind to your gender.

    Try to type in some browser, “Are women investors better than men?” Google will list a stream of stories that argue such a case. I found AARP’s website began one article with these words: “Overall, women are better investors than men.”

    And as an example, they cited research from professors at the University of California-Berkeley who concluded, after a study of stock trading patterns between the sexes, that men trade 45% more than women. The scholars argued that since frequent trading eats away at returns, women thus performed a full percentage point better than men.

    C’mon! That is NOT the right reason.

    The true fact is: In 2016 female investors earned higher returns and saved more of their pay to fund retirement accounts than men. The first thing that Fidelity said was that men were 35% more likely to make more trades, meaning that brokerage eats away at the portfolio. That is the first women’s advantage.

    “It is a double whammy,” says Alexandra Taussig, Fidelity’s senior vice president for women investors. “The myth that men are better investors is just that – a myth.”

    The second advantage is that women assume less risk, such as not loading up entirely on equities. They also invest more in vehicles like target-date funds, whose automatic allocations make for smarter diversification, Fidelity said.

    Women are better at investing
    Women are better at investing because women have more guts. Meredith Whitney became famous for making a bearish call on Citigroup (C) in late 2007, saying the big bank will be forced to suspend its dividend and she was right.

    Over the years, women have made strides in the field of equity research and portfolio management. You can read about their adventures on Wall Street via books such as “Tiger Woman on Wall Street” by Junheng Li.

    A study by academics Terrance Odean (University of California, Berkeley) and Brad Barber (University of California, Davis), also found that women outperform men, by roughly 1 percent a year.

    Invest like a wonder woman, means shifting to a long-term focus, saving more up front and giving up on trying to time the market with brilliant trades.

    As I said in the beginning, success in the market does not depend solely on gender affiliation.

    The stock market doesn’t know who you are, it cannot know whether you’re male or female. Nor will it ever care, in the first place. But women are better at investing.

    Do you know where to invest? FIND HERE

    Risk Disclosure (read carefully!)

  • Can I get Rich by Trading Forex?

    Can I get Rich by Trading Forex?


    Some people really got rich by trading forex but they spent a lot of time and money to reach that level. Forex trading is a seductive but rocky path.

    By Guy Avtalyon

    Can I get rich by trading Forex? Yes, you can. Honestly, it’s possible but you have to learn a lot. When you first start learning something, you acquire information. As you acquire more and more information, your mind will sift through it and will organize it, and will only leave the most important information that pertains to you. And that becomes your knowledge. Then as you start acting on your knowledge, and start gaining experience on a subject, that knowledge turns into wisdom.

    I would like to emphasize this. In order to become successful,  it isn’t that you need to only be knowledgeable, but you also need to be wise, and wisdom is only acquired through action and experience.

    Listen to the wise people if you want to get rich by trading Forex

    But there is also a second point in this story. You can’t become a successful trader, no matter how much information you were gathering, and no matter how many books you read from “knowledgeable” experts if you are not ready to carefully listen to what wise people have to tell to you.

    So please, before you open up space in your mind to someone or something, make sure they are a wise person who is actually trading and making money in forex, instead of just giving you a bunch of useless theories. When you find such a person you will know that. You will feel like the guy who discovered the king’s tomb.

    Oh, yes, you will have one of those moments where you are staring at one of those optical illusions, staring at it for hours until KABOOM! It hits you “it’s a f***ing ship out to sea!”

    Until you get rich by trading Forex here are some tricks!

    Choose a Broker With Appropriate Trading Platform 

    You must know each broker’s policies and how it goes about making a market. Spending time researching the differences between brokers will be very helpful but choosing a reputable broker is of paramount importance.

    Define Your Goals, Methodology, and Style 

    It is vitally important, to have some idea of your goal and how you will get there. Hence, it is imperative to have clear goals in mind. After that ensure your trading method to be capable of achieving these goals. Each trading style has a different risk profile and each of them requires a certain attitude and approach to trade successfully. Whichever methodology you choose, be consistent, and be sure it is adaptive. Your system should follow the changing dynamics of a market.

    Choose Entry and Exit Time Frame 

    Some traders are disoriented by conflicting information that happens when looking at charts in different time frames. If you are taking your basic trading direction from a weekly chart and using a daily chart to time entry, be sure to synchronize those two. If the weekly chart is sending you a buy signal, just be patient and wait for the confirmation from your daily chart. It should also give you buy signal In Forex trading timing is everything.

    Learn to Love Small Losses

    Think of your trading money like holiday money. Have the same attitude toward trading, once the holiday is over, your money is spent. This will mentally prepare you to take small losses. This is key to managing your risk. You will be much more successful by accepting small losses rather than constantly checking your balance.

    How to use Forex trading system  

    When knowing what to expect from your Forex trading system you must have the patience to wait for the price. It needs time to reach the levels that your system indicates for either the point of entry or exit. If your system point to entry at some level but the market never reaches it, then move on to the next opportunity. There will always be another trade. Sit on your hands until your system triggers an entry or exit point.

    Forex can change your life

    This is pretty much true but you must have realistic expectations. You can’t expect to invest $300 in your trading account and make $15,000 in each trade. That means being not – realistic. However, the Forex market sometimes can make a much bigger move than you expect. But it is not the rule, keep this in mind. It is better for you to be positively surprised than to lose everything. This is particularly true for Forex trading beginners.

    Build Positive Feedback Loops

    When you plan a trade with due diligence and execute it well, you create a positive feedback pattern. Success produces success, which grows confidence and you have a profitable trade. A positive feedback loop is formed as a result of a well-executed trade. But when you know that it comes in accordance with your trading plan the effect is more intense. Even if you get a small loss, you will be building a positive feedback loop. Think about the feedback loop as a tool and you’ll understand how important is to create this tool. That is the secret of how to get rich by trading Forex.

    Test Your Skills

    Open some free demo account and test. Submit trades in a virtual ambiance with virtual money before you start risking your own money. You should never ever trade a setup just because candles are moving. The aim is to be prepared and anticipate movements. You have to understand one rule: when a currency pair is moving fast, the reward to risk ratios are decreasing very fast. That means, there are more chances of the currency pair moving more pips before it makes a retracement. By jumping in a trade that is moving, the likelihood of a lower reward to risk ratio is high and the chances of a continued move without retracement are smaller.

    The best trading occurs when traders have both the mindset and trading mentality of a hunter when approaching the Forex market. If you coolly view and analyze what the conditions of the market are and then comparing that setup to the desired market environment, you are on the right path. If the market is offering sufficient odds of success and reward to risk ratios, then the trade plan is executed without any emotional disturbances.

    Stick a note on your computer that will remind you to take small losses often and quickly rather than wait for the big losses.
    What are your experiences? Share them with us or share this post with others.

    Last update: 10/07/20
  • Making Money From Home – How Is It Possible?

    Making Money From Home – How Is It Possible?


    An ideal job for most of the young people is remote work and here are some possible jobs for making money from your home.

    By Guy Avtalyon

    Making money from home is possible and maybe the most popular these days.

    But, what do your fellows or cousins say when you express your desire to make a lot of money from home?

    Most of them say: “Okay, then go to school. Be a good student. Find a good job and work hard. ” You already know that, and it’s great to have an education. But this is not a guarantee that you will make big money.  On the other hand, you know that there are many people who make a lot of money in a relatively easy and effortless way.

    And whenever you mention to your crowd that you know some guy or girl who are making money from home, what answers you have as feedback?

    “He’s/she’s a thief.” “He/she has connections everywhere.” “It’s not an honest business.” “He/she was lucky.” “He’s/she’s one in a million.” And a bunch of similar stories.

    Yeah! Tell me something about that!

    However, these are just excuses.

    OK, the truth is that you have to work for money. But it is not enough just to do something. It’s important to do it SMART.

    There is a saying: Do it smart, not hard.

    And that’s true. If hard work is the only important thing to gain wealth, all the people in the world would be at least millionaires.

    What does SMART work mean and how can you make money without HARD work?

    It’s very simple.

    Smart work means doing the work once, then for months (sometimes for years) to enjoy the fruits of your work.

    Passive income is making money from home

    When you heard someone say, “I started looking for ways to get a passive income.”
    Probably never.

    But you’ve heard a thousand times: “I started looking for a job.” (Or worse: “I’m waiting for a job.”)

    And when you try to explain passive income to someone, they immediately say that you are lazy.

    I’ve heard of innumerable ways of passive earning. You can write a song, record a home video, patent an idea, write a book. You can sell handmade on Etsy, you can be freelancer, virtual assistant, or you can sell cookies. Or even simpler, you may begin to earn money from home, by trading.

    With the rapid development of computers, mobile devices, and faster Internet, there are more and more opportunities for automating some jobs and generating passive income.

    I’ll give you the ultimate beginner’s guide to trading online. First of all, you have to recognize different kinds of trading.

    What to trade while making money from home

    STOCK TRADING: That is the art of buying, holding, and selling stocks (also called shares) of securities listed on public stock exchanges.

    FOREX TRADING: That is the art of buying and selling currencies in the hopes of making profits on the difference in the value of such currencies in global economics.

    OPTIONS TRADING: That is the form of derivative trading in which people trade contracts that give them the rights (but not obligation) to buy or sell an underlying asset at a predetermined price.

    BINARY OPTIONS TRADING: Form of trading in which traders expect to earn a predetermined payout or nothing at all (they are also called all-or-nothing options) based on the success of their ‘prophecy’ of the outcome of a specific market event. Little complicated and not secure.

    YOUR FIRST TRADE

    You’ll need to decide on the kind of assets or securities you want to trade. After that, you’ll need to make is choosing the right broker or brokerage firm through which you’ll access the markets. That’s very important because the broker you choose will have a direct influence on securities you’ll be able to trade, on tools you’ll have at your disposal, how much you’ll pay in fees, and what final returns you can expect on your trades.

    You have to find a broker that would charge relatively low fees and provide you with a full package of resources to make your trading experience easier.

    TRADING STRATEGIES

    The main difference between trading and investments is that a trader seeks out market movements for profit, on the other hand, an investor waits to profit from long-term price movements in the assets in their portfolio. A trader will make tens or hundreds of trades within a week while an investor will buy and hold an asset for months or years. The first action in creating your trading strategy is to create a trading plan.

    A trading plan is like writing a business plan for some entrepreneurs. It will help you to make a realistic decision in periods of rapid market movement when your emotions might lead you to make impulsive decisions.

    A trading strategy should include specific goals such as: getting out of debt, retiring early, making your first million. Also, your trading strategy should include your asset allocation and diversification moves.  As a beginner, you shouldn’t put more than 5% of your trading capital per trade. Make sure your trading strategy contains a mix of fundamental analysis of global events, like wars that impact oil prices, but also technical analysis like trading rules based on price and volume transformations.

    It is important because you can use this information to determine your entry into trades, your exit when the trade goes your way, and your escape when the trade goes against your plans. In you, your best interest is to develop the disciple to incorporate stop/limit loss orders into every trade you place.

    New traders can use technology to lower the entry barriers to trading by automating many of the activities.

    THERE ARE SOME OF THEM:

    * Trading bots – This is simply computer programs with instructions based on a predetermined set of market indicators and parameters. You can use automated trading systems to trade stocks, options, futures, and foreign exchange products. It is based on a predefined set of rules, which determine when to enter an order, when to exit a position and how much money to invest in each trading product. Trading bots are especially helpful to beginner traders and sometimes, a bot can be an important market ally for reducing your losses.

    * Stock screeners – That can help you filter the stocks in the market to narrow down potential winners before their big breaks. Screeners are helpful to identify top winners and losers, stocks on momentum, and stocks that are possible to break out above resistance levels or break down below support levels.

    * Social trading – This is a type of trading in which traders rely on users’ financial content, gathered from different networks. This type of trading provides you the platform, so you can be part of a society of successful traders. That may help you to make your own trading decisions.

    WHAT YOU HAVE TO REMEMBER

    Always use a trading plan, don’t underestimating the importance of a trading journal, change trading strategy after every trade.

    Test your trading skills on some FREE DEMO ACCOUNT in a virtual environment before you start risking your own money. Practice trading strategies so that when you’re ready to enter the real market, you’ve had the practice you need.

    Do you have any experience in trading? Share with others.

     

  • Trading Stocks Platform – How To Find The Best

    Trading Stocks Platform – How To Find The Best

    2 min read

    (Updated October 2021)


    The best trading stocks platform must be available from the beginning of the signup process.

    Trading stocks platform is simply software for trading, it’s a kind of online broker. It is very important for any investor. And the most powerful tool in your hands. Every trader has it’s own investment style of trading. An abundance of brokers’ offers allows individuals to choose what best fits their needs.

    If you’re an active trader looking to try your hand at beating the markets, you probably have a good idea of what you want from a brokerage: low costs, premium research, innovative strategy tools, and a rich with features trading platform.

    trading stocks platform

    This era of trading stocks platform makes the world as high-risk/high-reward investing accessible to the wide public. Profitable investing takes time and hard work. It also requires you to use the best trading stocks platform that fits your investing goals, educational needs, and learning style.
    If you are new investors, selecting the best trading stocks platform can make the difference between a great new income stream and an inevitable frustrating handover.

    You have to know one thing, there’s no sure-fire way to guarantee investment returns. But there is a way to set yourself up for success by selecting the right trading stocks platform that best suits you. I’ll try to show you all the important things you should be looking for in your ideal brokerage on your path to find the best online broker.

    For a starter, take a moment to focus on what is most important to you in a trading platform, before you start clicking on brokerage ads. You’ll be surprised!

    Recognize your needs when choosing a trading stocks platform.

    You must know them.

    If you are a novice, you may prioritize things such as basic educational resources, large glossaries. Also, you might prefer easy access to support services. Maybe the ability to have practice trades before you start playing with real money is more important to you.

    For example, an experienced investor, possibly someone who executed hundreds of trades already but is looking for a new trading stocks platform. Such will prioritize advanced charting capabilities, conditional order options, or the ability to trade derivatives, mutual funds, commodities, and fixed-income securities, as well as stocks.
    Trading Stocks Platform - How To Find
    And you have to be honest with yourself about where you are right now in your investing tour and where you want to go. Do you want to try your hand at day-trading but don’t know where and how to start? Maybe you like the idea of tailoring your portfolio, or you want to pay a professional to provide it done right?

    For now, I suggest you start with this crucial deliberation as a way to determine which of the brokerage features would be the most important to you.

    To help yourself to find and use the best trading stocks platform be honest when you are answering these questions.

    a) How much do you already know?
    b) What kind of trades will you want to execute?
    c) Are you an active or passive investor?
    d) What kind of help do you need?
    e) Define your goals

    Be brutally honest with yourself about how much time, energy, and effort you are willing to put into your investments. Your answers may change over time, no one can anticipate all their needs and goals for the rest of their life. Just start with where you are right now.

    Pay attention to several things while finding the best trading stocks platform



    * Does the brokerage website offers two-factor authentication
    * Do they clearly explain how they use encryption or “cookies” to protect your account information and how they work?
    * Try searching the web for reviews of the brokerage, using keywords like “insurance claim”, “fraud protection”, “customer support”, “chargebacks”, “easy withdrawal”
    * Will the company reimburse you for losses resulting from fraud? etc.

    And then test it!

    Every brokerage should have a decent description of what kinds of tools and resources it is trading stocks platform offers. But sometimes the best way to evaluate platform quality is to give it a test drive. For brokers that allow you to open an free or demo account. It might be worth the effort to go through the signup process just to access and test the trading platform.