Why Trading As a Home Business Is the Best Option

At one point or another, we all dreamed of leaving our 9-5 job to have our own business. I had 2 very successful business in my lifetime. One as a college student selling handbags and women's accessories, which led me to leave college because I was making more doing that business than I would graduate from college. The second business was owning and distributing coin-operated video games. I started that business after a very successful US Federal Government career that took me all the way to Washington DC. Even with all the success that I had as a Budget Director at the Secretary's level, I still believe that nothing compares to running your own business. Both my businesses relied on customer acquisition. Without customers, there was no business. That is true with any bu...

Understanding the Basics of Forex Trading

The Forex exchange market is a market where different currencies are traded. Currencies are an important part of life and they need to be conducted in the normal conduct of business and trade. You may want to import products from another country. In such a case, you will have to use your own currency in a foreign country. Here, it becomes necessary for the importer to exchange the equivalent value of your currency into their own currency.For the tourist travelling around the world, it is not possible to use their currencies in different countries because it is not accepted generally at local shops and points. Therefore, the tourist will need to exchange their currency for the local currency at the exchange rate that is prevailing at that particular time.Why the Forex market is so largeThe ...

Smart Trading Options for Conservative Investors in 2018

When it comes to the stock trade for the conservative investor, there is no doubt we're talking about stock options. But, what exactly is a conservative approach to trading? And what techniques can the savvy investor utilize in 2018 to manage risk and ensure growth? We've outlined a few options that might be right up your alley: Covered Call Options The covered call is really the most conservative of options and some say it's even more conservative than purchasing the original stock. Frequently used within IRA accounts, the covered call can be approached by a conservative investor from two perspectives: Generate Consistent Income: You can employ this strategy without selling shares of a business while still generating monthly or weekly income. This strategy is usua...

Basic Steps to Get Ready for Forex Trading

Forex trading may seem a little complicated at first, but if you take the time to learn about leverage, interest rates, currency pairs, etc., it will soon become less intimidating. Trading on this market can be relatively simple by following visual signals on charts offered by the trading platforms or more in-depth by reading daily financial reports to base the trades. The type of Forex trading is based on personal preference, time you are willing to invest, and the amount in your account.Let's take a look at a few of the steps to learn more about Forex trading:Start learning the basicsThe very first step to learn about Forex trading is to start reading about the basics. There are plenty of online tutorials and guides to read, as well as trading forums. Reading a Forex glossary is a great ...

6 Practical Benefits Of Forex Trading

Forex trading is a very exciting activity that requires an individual to have a mix of discipline and analysis. With the right knowledge and ability to read charts or financial reports, there are plenty of opportunities to make a profit on buying and selling currency pairs. Let's take a look at a few reasons why the Forex market is so popular:Eliminates the middlemanMost individuals using the Forex market have the option to trade directly without the needed to rely on a middleman to broker the transactions. All pricing for the currency pairs is determined by the market responsible which significantly helps to speed up the trading activity.No commissionsForex trading does not rely on brokerage fees, exchange fees or cleaning fees. Most of the brokers involved in the Forex market earn a comm...

The Forex Market History

Anyone that wants to make a living from trading Forex needs to understand the basics of the Forex market to a very reasonable extent. By so doing, there will be a high possibility to make a smooth and profitable Forex career.It is quite unfortunate that many do not find the time to study the market before investing in it; which has continued to result to losses of about 90% of trades that take place in the Forex market.In this article, the focus will be on the basic things one must understand before investing in the Forex market, but first, here is a brief history of the Forex market.A BRIEF HISTORY OF THE Forex MARKET:The international monetary system has come a long way; from the early days of gold standard system, to this era of social trading.These improvements were initiated by major ...

Day Trading Versus Long Term Trading – Find Out Which Wins

Trends rule in the Forex market. Every trader loves a good, strong trend. As traders, many of us like to make quick profits. Who doesn't? The problem is that by just focusing on making quick profits, we often overlook a much more profitable strategy which is the long-term trend.First let's discuss the anatomy of a short-term trade. A short term trade can last anywhere from less than a minute to about 20 minutes, if you get really lucky. A 20 minute trade should return huge profits. Those are the uncommon trades and the 1 to 5 minute trade are more common when day trading. As a trader, you must make a split second decision of whether to enter a short term trade.A savvy trader will set both exit points, profit and stop-loss, when entering a short term trade. Most traders, however, set a stop...

Can Dropshipping Make As Much Money As Forex Trading?

For those who are looking for a business opportunity they can start form home, dropshipping is a fairly easy business model to understand. One other opportunity that seems just as popular, but less well understood, is Forex trading. Making money from Forex trading is similar to dropshipping in that it means buying at one price, selling at another, and then keeping the difference as profit. However, even though there are plenty of websites advertising the amazing profits that can be made from buying and selling the world's top currencies on the Foreign Exchange market, would most people find that their own dropshipping business would provide a better opportunity?Starting a Forex business takes knowledge and money If you want to start selling drop ship products, you need to find a good suppl...

Mastering Short-Term Trading

Short-term trading techniques involve a combination of skill, intuition, and experience by a trader. Traders make money by taking short-term positions in securities after identifying opportunities in both bull and bear markets.Mastering short-term trading requires certain attributes in a trader.The following factors are fundamental for a short-term trading strategy to ensure your losses are minimized while your gains are maximized. Risk control The risk involved in short-term trading is commensurable with the returns i.e. high risk, high reward. However, prudent risk management strategies should also be applied to short-term trading for a trader to control the risk involved and to realize the objective of the trade in the form of capital gains.Some of the risk control measures that sh...

5 Facts About Forex Trading

As far as the market size is concerned, without any doubt, the Forex market is the biggest market around the world. It boasts an average turnover of over $4 trillion per day. With the passage of time, this big but decentralized market became extremely popular. Primarily, this happened because of a number of innovations in the world of technology over the past few decades. Today, with the help of technology, millions of traders can enter the Foreign exchange market. If you are new to this market, given below are 5 facts that can give you a deeper insight into this business world.1. Small gains add upAlthough Forex is one of the top markets in the word, most traders don't make huge profits in the beginning. At first, they analyze the market and do a few trades with small amounts of money ear...