Jump to content
  • Announcements

    • Daniel#MD

      Test Announcement   06/28/17

      Enjoy finance writing ? (forex, stocks trading, cryptocurrencies, investments). Great. We are looking for contributors that want to write for us.

fahdforex

Members
  • Content count

    86
  • Points

  • Joined

  • Last visited

  1. So, you’ve got the trading bug. You’ve made your first profits – albeit modest – by making safe trades. Understanding how markets behave will help you to make better trades. There are riskier trading strategies that can earn bigger profits but the risks are too great. What do top traders do? So how do top traders end up making so much more money? It’s not by taking bigger risks but by learning to read between the lines to make better trades. Profitable traders earn more because they’re better at predicting and understanding how markets react to news and economic data. They read between the lines of the constant stream of information that is available on trading platforms to make more profitable judgements. The best traders use information to make a trade before the trend is visible to others. For profitable traders, breaking news stories and economic data is information to be deciphered into factors that can affect the market. It’s not easy. If it was, everyone would do it. It’s actually far from impossible and can be learned. Understanding economic performance and what affects it is an area where profitable traders excel. The examples below demonstrate the importance of being able to translate data and news into something meaningful. For More Detail : Learn to read between the lines to make better trades
  2. Many salaried individuals are now investing their money in Forex trade in order to increase their monthly income. They invest in Forex as it offers an absolute platform to make money with small amounts. However, you have to be very cautious as trading may reduce your capital if you do not monitor trends regularly. There are a large number of foreign exchange trading platforms available in order to conduct Forex trade. Important factors related to foreign exchange trading platforms: There are important factors to consider before choosing a forex platform: • Is it free to use? Does it offer any additional features if it charges a fee? • Which technical indicators does it offer? • Interface for the orders and types of orders that are made available to all. • Does it support back testing the strategies? • Has it API for the additional programming? • Does it provide historical data as well? Why to Look for the Best Foreign Exchange Trading Platforms? Taking into consideration the above mentioned characteristics, it is essential to choose the best platform to carry out Forex transactions most effectively and profitably. You can open up your account with a reputable financial partners in order to give a boost to your earnings and get the best returns for your savings For More Detail : Foreign exchange trading platforms
  3. Forex trading robots have become a popular tool in the personal forex market. They’re often attractively priced and marketed as ‘Expert Advisors’ that can operate on the best trading platforms. However, an increasing number of traders are not happy with the purchase of their automated forex trading program. Sold on profits Anybody with a product to sell will focus on the product’s most attractive features to get you to buy it. That is especially true about automated trading products. Often, they’re presented as offering the path to financial freedom and easy to use. In reality, the evidence of their success is just a small sample of trading when the software enjoyed a profitable spell. The disclaimer makes it alright Every forex trading robot is sold with a disclaimer that denies any responsibility for how it will perform in the future. The words may be different each time, but the message always amounts to the same thing. There’s no guarantee this software will trade profitably based on its historical performance and protects the seller from potential fraud claims For More Detail : Avoid the pitfalls of forex trading robots
  4. General Electric has undergone major restructuring and changes in senior management which has sent its share price down, but some analysts feel this is the right time to make a long-term investment Many analysts expect General Electric (GE) to exceed profit expectations when they post their Q3 earnings report on October 20. After all, it has done in eight of the last nine quarters. However, there is also an expectation that its share price will fall as it has done following the release of the last seven earnings results. Fears over a dividend cut have eased since last week which would have led to an investor exodus and a serious drop in share value. However, there still seems to be a lot of work to do for recently appointed CEO John Flannery who is overseeing restructuring efforts. “A dividend cut could crush the stock as retail investors flee, but maintaining it gives GE little or no excess cash to grow,” Jeffrey Sprague, an analyst at Vertical Research Partners, said last week. “GE has continued to shrink the company but it has not proportionally shrunk the dividend.” Moody’s Investors Service credit analyst Rene Lipsch told Reuters that GE’s options would narrow next year when it no longer receives billions from asset sales at GE Capital. Adding that, long term, the dividend “depends on Flannery’s ability to increase cash flow from the businesses.” For More Detail : Patience may pay off for General Electric traders
  5. Successful investors usually take an analytical approach when they invest in volatile markets such as the stock or foreign exchange market. For investment in the financial markets, two common strategies are used. These are known as technical and fundamental analysis. Fundamental analysis is a long-term investment strategy whereas technical analysis focuses on the short-term. In order to minimize risk, investors use technical and fundamental analysis techniques to assist them in making profitable investments. The two main analysis techniques are described below: Technical analysis Technical analysis involves studying past trends in order to ascertain patterns. It forecasts future financial price movements based on past price movements in order to help investors predict what is likely to happen to prices over time. Technical analysis involves reading and interpreting charts in order to identify the best time to enter into a trade. If there is a pattern, technical analysis usually provides a safe prediction of how the market will behave in the future. The use of this analysis technique can help investors and traders make sound financial investments in the markets. For More Detail : Technical and fundamental analysis
  6. The most successful traders view forex trading as a game of possibilities. Sometimes you win, sometimes you lose. In fact, there are occasions in every trader’s career when a losing streak can seem to go on forever. Losses happen, but what sets successful traders apart is the way they deal with the ups and downs of the markets. If you are at the point in your trading career where you just feel like quitting, take heart … All successful traders went through what you are feeling, but overcame their doubts to become seasoned traders. They still lose some trades, but they understand that losses go with the territory and all that matters at the end of the day is that your profits far outweigh any losses you make. Let’s take a look at some wise words from people who’ve made it big in the world of finance: Trade dynamics First impressions can be deceiving, so while some trades may seem appealing or vice versa, they may not be in reality. “What seems too high and risky to the majority generally goes higher and what seems low and cheap generally” M O’Neil For More Detail : Wise trading words from pro traders
  7. The value of Sterling plummeted after the Brexit result, but positive long-term economic predictions suggest it will remain a strong currency into the future Last June’s post-Brexit vote sent Sterling values plummeting against every major international currency. It was the inevitable consequence as the market tried to price in the negative implications for the UK economy. As unexpected as the vote to leave was, the market reaction – perhaps overreaction – was entirely predictable. The vote was preceded and followed by a raft of analyst predictions of a weak GBP. The main fear was that Britain’s economy would grow more slowly outside of the EU. However, pro-Brexit economists argue leaving the EU would initially cause a downturn but result in boosting the economy later. Sterling recovers despite gloomy predictions Despite difficult Brexit negotiations and the continued uncertainty surrounding the UK’s relationships with the EU going forward, GBP’s subsequent recovery says plenty about its historical importance and longevity and that needs to be factored in when predicting its future value. GBP’s is the oldest actively traded currency on the foreign exchange market. It is still one of the most popular forex currencies. The result of London being one of the biggest trading hubs in the world. Political uncertainty and war has triggered volatility in GBP’s value over the years. However, it has always stood the test of time and has been relied upon as a global safe haven for investors. History seems to be repeating itself. For More Detail : Don’t write off Sterling prematurely
  8. For years Starbucks’ shares have mirrored the company’s phenomenal success. However, recently the coffee giant has come under attack from McDonalds and other fast food giants as well as indie coffee shops. This has been reflected in the value of their share price. After reaching a peak price of $64.87 in June, Starbucks’ shares are down 1.41% overall this year. However, Starbucks has expanded into new territories and brought greater convenience to its clients with the use of innovation. This has prompted some analysts to predict that the coffee-making giant will surprise Wall Street when it releases its fourth-quarter earnings on November 2. Starbucks experienced tremendous growth between 2011 and 2016 with sales growth above 5%. It all changed in the third quarter of 2016 when sales growth was just 4% while for the first time transaction growth was flat. For the next quarter, sales growth remained below 5% while transaction growth was negative (-1%). For More Detail : Starbucks might be about to surprise Wall Street
  9. The growth of cryptocurrency and blockchain The interest in cryptocurrency is often referred to as the ‘digital gold rush’ attracting thousands around the world to invest in cryptocurrencies such as Bitcoin and others like Litecoin, Ethereum and Ripple. The value of Bitcoin is linked to sentiment – whenever people rush to invest, the prices go up and when people decide to sell, the price goes down. This volatility has resulted in prices skyrocketing. In 2017, Bitcoin surged in valued from $830 to $19300 and is now fluctuating around $8,000. Other cryptocurrencies like Ripple and Ethereum are following a similar trend. This cryptocurrency rollercoaster has helped lucky investors to make fortunes. Blockchain, the technology behind Bitcoin and other cryptocurrencies, was designed to facilitate, authorise and log the transfer of bitcoins. How does blockchain technology work? Blockchain is a shared database populated with entries that must be confirmed and encrypted. Traditional databases are owned by a central authority like banks and governments, but blockchain does not belong to anyone. The impact that blockchain technology is having is similar to the impact of the internet in the 90s. As society becomes increasingly digital, financial services providers are looking to provide customers with more efficient, secure, and cost-effective services. Therefore, blockchain technology will become more applicable to our daily lives. For More Detail : Cryptocurrency will play a big role in our lives in the future
  10. Bitcoin’s meteoric rise in value this year has outstripped even high-performing technology stocks tempting more investors to capitalise on the volatility while others steer clear fearful of a crash When the Wall Street Journal’s headline reads Bitcoin: Even Grandma Wants In On The Action you can’t ignore it. Bitcoin’s price swings have been prompting volatility-starved investors to join the biggest speculative boom since the 1990s dotcom fever. Just six minutes into Bitcoin futures trading, the contract expiring in January which opened at $15,000 rose to $16,600. Trading on Monday morning (December 11th) in London the contract was changing hands at $17,500. Bitcoin itself was at $16,635.05 according to CoinDesk. Right now there is no hotter ticket having started 2017 at $968.23. Is Bitcoin a bubble? Investment is being tempered by the fear that Bitcoin’s value is speculation driven. They’re wary of putting money into a bubble. Some are convinced it’s the future. John McAfee – founder of the eponymously named software – doubled down on his previous prediction and claimed: “I’ll eat my own d**k on national TV if Bitcoin doesn’t surpass $1 million by 2020.” More investors are setting aside Bitcoin’s questionable past and use by criminal elements. Some see it as a viable alternative to gold as an investment. Especially when faith ebbs in fiat currencies. For More Detail : Bitcoin mania: Join the rush or beware the bubble?
  11. If you are interested in buying cryptocurrencies, there are many crypto exchanges operating all around the world that allow you to buy cryptocurrencies. It is a good idea to register and verify your accounts with multiple exchanges. The reason for this is that the process can take time if there is an increase in registrations every time there is an increase in the price of Bitcoin. Different crypto exchanges have different features, fees, policies and coin listings. Leading brokers usually allow clients to use fiat currencies to buy cryptocurrency. These are traditional currencies such as Euros, Dollars and the British Pound. Buy Cryptos A guide for buying cryptocurrencies Once you have a basic understanding of cryptocurrencies, you can follow the steps below in order to start building your own portfolio. 1) Open an account with a cryptocurrency exchange The first thing you need to know is where to buy cryptocurrencies. If you want to buy Bitcoin, there is a wide range of exchanges to choose from. Make sure your required cryptocurrency is listed on the exchange. Always research your chosen cryptocurrency exchange and read reviews. For More Detail : How to buy cryptocurrencies through an exchange: a step-by-step guide
  12. Skrill is a payment method for funding and withdrawing from your FXB Trading account that offers a reliable way to transfer funds without disclosing your credit card information for every transaction FXB trading have introduced Skrill as a payment method for funding and withdrawing from your account. If you already have a Skrill account, you’ll be aware that Skrill is an international electronic wallet that you can maintain in your local currency and fund by transferring funds from your bank account, cheque, credit/debit cards or via alternative payment methods available in your country. You can use Skrill for secure online purchases without worrying about disclosing your credit card information. It’s a safe and efficient online payment method that does not require its users to send payment information every time they make a transaction. The option to use Skrill is just one of many trusted, international payment service providers that are available to traders at FXB Trading. For More Detail : Introducing Skrill payment at FXB Trading
  13. Samsung reveals plans to create mining chips as it officially enters cryptocurrency arena Samsung have announced that their foundry business makes chips designed for cryptocurrency mining. The move was reported by Korean newspaper The Bell who revealed the chips will be application-specific integrated circuit (Asic). It marks the first official move by Samsung into cryptocurrencies. Garrick Hileman, a cryptocurrency researcher from the University of Cambridge, said the move indicates that Samsung does not see Bitcoin as a bubble that is about to burst Bitcoin may be the biggest and most popular cryptocurrency today. However, it has been joined by many others over the years with new coins being launched regularly. Samsung’s chip manufacturing decision is clearly influenced by more than Bitcoin. The combined market value of cryptocurrencies has gone from less than $20bn to more than $540bn making it impossible to ignore. The South Korean company’s semiconductor business is booming. It overtook Intel to become the world’s biggest chipmaker last year. Asic chips are designed to carry out a single task, which in this case is mining. For More Detail : Samsung joins cryptocurrency bandwagon
  14. Are you still confused about Bitcoin? Or maybe you don’t know what cryptocurrency is and why it is so significant. Our Bitcoin survival guide will outline everything you need to know and help you make the right decisions when investing. Throughout this guide I will refer to Bitcoin, but the information applies to Litecoin, Ripple and Ethereum as well. Read on to find out all you need to know about Bitcoin and surviving the market trends. What is cryptocurrency? A cryptocurrency is a digital currency that uses cryptography to secure its transactions. How can cryptocurrency be used as money? Currency is a system of money and a form of exchange in general use in a specific country. At present, the Dollar is the most widely used currency around the world. Anything can be used as a form of exchange, and this includes cryptocurrency. For More Detail : The Bitcoin, Litecoin, Ripple & Ethereum survival guide
  15. Bitcoin value currently around $10k but will be worth more than double by year end says Fundstrat Fundstrat, one of Wall Street’s leading investment advisories, believes Bitcoin will soon return to the $20,000 value reached in 2017. Tom Lee is Fundstrat’s co-founder and has been a leading Wall Street strategist for 25 years. They published a cryptocurrency report (February 28) with analysis on price expectations also highlighting notable companies like Rakuten and plans to launch their own Rakuten Coin. CNBC spoke to Lee about the report where he added that he expected Bitcoin to reach $20,000 by the middle of the year. He also expects it to reach $25,000 by year end based on historical price trends and crypto-related announcements by major companies. Lee said: “The announcement by Rakuten is another example of positive developments in crypto in 2018, suggesting the large sell-off in Bitcoin and others at the start of the year was an overshoot to the downside.” For More Detail : Wall St strategist: $25k Bitcoin by year end
×