The Techniques of Obligation of Inconsistent Forex Traders

Plunging into a trading business without special techniques or strategies is impossible. It can also be like you take the exam without any prior preparation. Instead of getting good grades, maybe even you will not even pass at all.

Techniques and strategies in forex trading are two things you should not forget to be able to achieve the goal of profit. You may be able to trade without special techniques or strategies, but it is very difficult. A trader who has been struggling in this business for many years with special techniques or strategies still often experience loss, what if done without special technique?

Speaking of techniques or strategies, of course in forex trading there are many trading techniques that you can choose. Even so many, not a few traders who changed quickly to finally often trading changed techniques. Is this wrong? Certainly is not. Determining the right trading techniques for your trading is a reasonable and must be done. If you do not want to try to use some techniques, then you will not be able to know which trading techniques are really appropriate. But if you have found the appropriate technique, try not to change techniques, because this will hurt yourself. If you are still doing a change of technique every time, then you can say you are not a consistent trader.

Here are some techniques in forex trading that you can choose to establish the techniques you use.

Scalping Trading Technique

Scalping is one of the techniques in forex trading that utilizes small profits on an ongoing basis. This technique is commonly used when the market is in an ordinary condition. Unfortunately, trading scalping techniques often use large stop losses, so rewards and risk are unbalanced.

Technical Trading Martingale

The next technique is martingale. Martingale is a Forex Trading technique that utilizes volume lot folds. For example, if you are trading with 2 lots, then when you lose, the lot will be doubled to 4 lots, 16 lots, and so on until you get profit. This technique you can apply if you have a strong capital. It’s just that, if there is a risk error that must be borne is also high.

Averaging Trading Technique

Next there is averaging technique. Averaging is a forex trading technique that utilizes the average price as a calculation. Let’s say you open trading at the price of 100, and when the price drops to 70 then you have to buy again. If the price is still down you still have to do Buy until it reaches good price. Just like the martingale technique, averaging also requires substantial capital.

Trading Hedging Technique

Trading Hedging is a technique that utilizes locking position. Many say if this technique is quite difficult to do. If you are not careful to apply it, the technique may be detrimental to the trader itself.

Analytical Trading Techniques (Technical and Fundamental)

Lastly there is Analytical Technique. Analytical technique is a basic technique that must be mastered by every trader, … Read more

Two Rules For Smart Investing For Beginners

Investing can seem intimidating for beginners, especially when they are trying to do it on their own. But investing on their own can potentially make them more money because they won’t have to pay an advisor. It can also feel more satisfying because they’re doing it on their own. However, to be successful novice investors must understand how supply and demand impacts price. At Online Trading Academy beginning investors are taught when investments have lots of buyers, they have the greatest potential to increase in price. They also teach that the increase in value of stocks is more difficult to predict than other asset classes like Forex currency pairs.

Principles Of Investing

Many beginners use brokers trades prime  to invest in mutual funds and annuities. However, their chances of making significant profit increases if they educate themselves and invest in liquid assets like Forex. Less factors affect their value. Whereas when investing through brokers, management fees, taxes and other hidden charges can reduce potential profits.

First Rule Of Investing

For beginning investors, the first rule is to create a realistic trading plan. This should include what they want to trade, their profit goal, risk tolerance and the amount of time they can spend monitoring their investments. They must decide if they’re investing for immediate income, long-term wealth or a combination of both. This will determine their level of activity and degree of risk they will assume. One effective strategy is to invest a small amount in ‘high-risk high-reward’ assets and a larger portion in safer, more conservative assets to fund a comfortable retirement.

Investors must also consider how taxes will impact their profits. Money placed in tax-deferred retirement plans like a 401(k)is taxed like ordinary income when withdrawn, not matter how long it’s held. When investing in taxable accounts, less tax is paid when the asset is held for a year or more. The investment planning for retirement investors is simpler. Short and long-term holdings, dividends and all other income is taxed the same. A Roth IRA invests after-tax money and earns tax-free income.

Second Rule Of Investing

The beginners second rule of investing is ‘lose small, win big’. Online Trading Academy advises traders to maintain a reward/risk ratio of at least 3:1 on all potential trades. Using this ratio investors won’t have to be wildly successful with every purchase to maintain profitability.

Basic Investment Principles

The movement of the price of an asset is determined by the size of the supply and the amount of demand there is for it. If the supply is greater than the demand, the price will fall. However, if willing buyers outnumber the sellers, the price of the asset will rise steadily. When there’s an equal number of buyers and sellers, prices will remain steady or begin to fall. With education and experience investors will be able to use price charts to monitor the changing prices and accurately predict which direction prices will go.

There are simple pre-set stops or stop-loss mechanisms beginning … Read more

Manhattan Court dismissed 250 million dollar case

Logic says if A is B and B is C then A is C. And for the most part, this line of reason is absolutely true. However, when things such as business and emotion are involved, this black and white logic does not always apply. Matters of fact can become blurred or redacted and a person’s statement is only good if they are able to make it in person as well as on paper. What does all this have to do with anything?

In a 250 million dollar tax fraud case against Felix Sater, which the Manhattan Court dismissed following the bouncing ball from A to Z gets a little confusing when the names Donald Trump, Tevfik Arif Doyen and a few of others are involved. The first contender with a dog in this fight is Fred Oberlander who represented a former business partner of Sater in a previous lawsuit with ties into the case dismissed in the Manhattan Court. The party he represented in that case is Jody Kriss who acted as a former partner and associates of Sater and the business venture Bayrock. The representing counsel for defense in the Manhattan case is Robert Wolf who basically only has one interest that turns out to be crossing the t’s and dotting the i’s in this Manhattan filed preceding. The last name to be attached in this most intriguing proceeding is Richard Lerner. Interestingly enough, the last name to have a interest in this matter as a whole is that of Donald Trump. It should be noted that this is the businessman Trump and not the president of the same name.

If these circles and associations of these individuals seem a little bit complicated and just a touch confusing, then the following events that bring them all together should be sure to clear things up. The Manhattan Court dismissed the file brought against Sater by Oberlander and Lerner on behalf of the government largely because the evidence hinged on information that had been already been thrown out of a previous case. That case involve Oberlander representing Jody Kriss against Tevfik Arif and Felix Sater as the cofounders of Bayrock.

Statements in that case claim that these two businessmen have questionable associations with organized crime and are involved in unconventional business practices such as embezzlement and racketeering. The results of that case are pretty much the same as the Manhattan filing, and there was no fault found within the Bayrock organization. Although its founders have a history of encountering a little bit of troubles in their business endeavors in the past.

They failed to mention this when conducting business with Donald Trump and his people. As a matter of fact, there are affidavits with Trump stating that he would not have done business with the co-founders Sater and Arif if he had known about their past. But since Jody Kriss really was not willing or able to appear in the Manhattan proceedings and the evidence that was presented had … Read more

Importance of loans

With a good use of credit, a large number of situations in the personal, family and business economy of these times can be solved. A bad use of credit can lead us to have an economic problem. The loan is therefore useful and the problems are caused by us, when we make an inappropriate use such as: contracting a debt greater than our ability to pay.

The loans can be for individuals or individuals or for companies or legal persons. To borrow properly it is important to take the credit indicated for our case, for example, to know exactly the amounts of capital and interest payments. A promissory note is a one-year loan, which requires quarterly payments of 25% of the capital, it is very likely that this type of instrument is not suitable for a natural person and it would be better to look for a loan by installments, say forexample to three years.

The credits for natural persons are generally those of consumption (purchase of vehicles or credit cards). You can also borrow to set up a business or purchase an asset. The credits can be short, medium and long term, look for the option that suits you and remember, that you should not get into debt if you have doubts or do not understand exactly the obligations assumed. Obviously, the recommendation that we are going to give you is that you should get into debt with the bank of your preference, but always go to formal markets, to go to lenders you will pay  usury rates, hence the importance of being banked.

It is say, work with banks, not only when applying for credits, also when it comes to trusting your savings. If you live in UK, you can try www.paydayloansnet.co.uk Do not place money in institutions, companies or with people who are not banks or regulated and supervised institutions.Another aspect of interest when it comes to borrowing is that the rates are attractive, even the highest credit cards are at 29%, since all rates are below inflation, is therefore a good opportunity to borrow and buy an asset or make an investment. If you also qualify for an activity that has regulated rates such as agriculture, tourism, manufacturing or housing, the recommendation to borrow becomes more important. It is a good business to get into debt, as long as you have the ability to pay.

In the case of companies, I am going to refer to the main modalities: They represent the money received from a financial institution and the net creditor balance of the current accounts that are in the books of the banks. Bank loans are requested for different reasons, among which the following can be cited:

  1. financing of working capital
  2. purchase of inventories;
  3. acquisition of fixed assets;
  4. cancellation of debts.

A loan is received for financing working capital, when a company requires cash to pay off short- term debts or to acquire a property that is quickly realizable. When this type of financing … Read more

What is the new Innovative Finance ISA?

In April 2016, the government in the UK introduced the Innovative Finance ISA (IFISA). This ISA enables you to use any amount of your yearly ISA investment allowance to lend via the peer-to-peer market. With between six and eight per cent tax-free interest offered, the IFISA’s rates are higher than normal cash ISAs; however, with the high return comes the higher risk that is tied in to peer-to-peer lending.

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What is peer-to-peer lending?

Peer-to-peer lending, or P2P, is a lending and borrowing system that operates between individuals (peers) as opposed to between an individual and a lending institution. P2P websites act as intermediaries through which the loans are arranged. As with regular loans, they are regulated by the Financial Conduct Authority (FCA); in addition, the Peer-to-Peer Finance Association (P2PFA) is a specialised industry body tasked with maintaining high standards of conduct. P2P loans are becoming popular because borrowers can be more successful in applying for one when turned down by regular lenders; in addition, depending on the borrowers’ credit scores, the P2P loans can be cheaper. The Money Advice Service provides more information on the pros and cons of borrowing through P2P.

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How does the IFISA work?

For every borrower in P2P, there must be a lender. The money you pay into your IFISA is lent to an individual borrower through the P2P market. These loans may pay lower interest rates compared with an ordinary personal loan, but the lender would receive higher rates than from an ordinary cash ISA. The risk, however, rests on the borrower’s ability to pay back their loan. The Financial Services Compensation Scheme (FSCS) does not cover eventualities such as the borrower defaulting on their loan or a P2P platform failing. Any money you pay in is therefore entirely at your own risk.

While the return on IFISAs is attractive, an independent financial adviser (IFA) will give you some honest advice. With the expert analysis that back office systems for IFAs from vendors such as https://www.intelliflo.com/ can provide, your financial adviser can help you to decide whether an IFISA in the context of your existing investments and personal risk profile is a good idea.

Whatever the nature of the investment you are considering, it is important that you fully understand all the associated risks.… Read more

Unique Things You Can Only Find in Bali

Where is bali located in asia? Bali is one of island in Indonesia, its called with Island of Thousand Gods. Every city has its appeal respectively. Likewise with Bali, which in the drill a lot of people as a tourist destination, save a myriad of uniqueness. Here we summarize 17 Unique Things You Can Only Find in Bali. Hope can be a complete reference when you go to Bali!

1. Watching Festival Mass Kiss in Banjar Kaja Sesetan, Denpasar

The tradition of kissing bulk or better known by the name Omed-omedan, this will held on day after Nyepi by residents of the village of Banjar Kaja Sesetan, Denpasar.

A couple of local young people will take turns to move forward to kissing and other residents will try to pull and push, then there will be a village elder who came to their flushed with water until dripping wet. This ritual is believed to local residents may hinder their village from the plague stricken.

2. Uniquely Trance Ritual Mass in Pura Petilan Kesiman, Denpasar

Pengrebongan ritual held in the temple Petilan Kesiman, 8 days after the celebration of Brass, is unique, because during the procession many Penyungsung Temple (Hindu) who experienced trance. At the same time dozens of people experience a trance and suddenly cried hysterically, dance, and stabbing dagger into the chest, the unique they do not hurt one bit.

3. Watching People Fighting Using Pandan Leaves in Tenganan

Once a year, you can witness the thrill of sacred ritual fight between youths in the village of Tenganan using thorny pandanus leaves, or better known by the name of Pandan War. This ritual is held as a form of homage to Lord Indra, the god of war most they will respect him. Like the war in the days of empire, they also wear a shield made of woven bamboo.

4. Saw Corpses lay on the ground in the village Trunyan, Kintamani

Trunyan residents in the village, Kintamani has a unique burial traditions, where they do not bury or burn a corpse (cremation) style Balinese Hindus in general. The bodies of only placed just above the ground surrounded by trees Menyan Taru. Surprisingly, the corpses there odorless. It is said that the tree fragrant Menyan Taru who neutralize the stench of corpses there.

5. The festive parade of Ogoh-ogoh

The day before Nyepi called Pengrupukan Day, Balinese Hindus will be parading the giant statues faced Spooky aka Ogoh-ogoh, surrounding villages and the streets of the city. Ogoh-ogoh is a representation of the character Bhuta Kala or evil giant. Even so, not infrequently we will find other forms of creation of Ogoh-ogoh “eccentric”, such as cartoon characters as if made spooky.… Read more

What to look for in a commercial oven

Arguably, one of the fundamental features of any commercial kitchen, whether you have just started a small business or you run a successful chain, is the oven. There are different factors to keep in mind to ensure you get the most effective and suitable option for your needs.

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The different types of oven

Commercial ovens can generally be divided into 8 different types.

An oven range will have a large internal area for cooking, plus electric or gas hobs.

Convection ovens utilise fans for quicker cooking and less shrinkage of meat, and they’re less bulky than an oven range. If you’re really short on space, a combination oven is versatile and multi-talented.

Conveyor ovens are ideal for quick cooking in large volumes, providing foods fit the smaller 3-5″ opening. For the best thin crust pizza results, deck ovens with a stone base are often preferred. When it comes to large quantities of potatoes, a separate potato oven is an ideal solution.

The traditional 1970s cook and hold oven is still widely used, as it produces mouth-wateringly tender meat, and gives the ability to leave foods without them overcooking, making them useful for carveries and canteens.
To get a delicious BBQ flavour indoors for the likes of steak and vegetables, charcoal ovens cook with greater heat and require no gas or electricity.

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Meanwhile, steaming ovens can quickly cook things like rice, vegetables and fish, while locking in nutrients and preventing shrinkage, though they can’t brown or crisp foods.

For a range of commercial ovens to suit every need, choose a quality supplier that won’t break the bank, such as https://www.247cateringsupplies.co.uk/catering-equipment/heavy-cooking-equipment/commercial-ovens-ranges.

Health and safety

The HSE details the regulations that need to be followed regarding adequate ventilation and gas safety: http://www.hse.gov.uk/pubns/cais10.htm. You’ll want to consider a means of extraction, such as canopies and extraction filters, for smoke and grease.

Check your requirements

Size is a crucial consideration, as the oven needs to fit in your kitchen, but it also needs to have a suitable internal capacity for your needs. Ensure you have the connections required depending on whether the oven runs on electricity, charcoal or gas. Some ovens may also need water, so when you’re measuring up for an oven, keep in mind the ability to connect to a water source.… Read more