Archives For Justin W

Those beginning online Forex trading, especially beginners can find it daunting. The number one beginner mistake is to have unrealistic expectations. This is very common especially among Forex newcomers who see it as a get-rich-quick scheme. When starting Forex trading with currency, it is important to understand that rarely do Forex traders get wealthy overnight, a week or even a month. Having this mentality will save you from losing a lot of money. This is especially true when one considers that statistics show 90% of newcomers lose almost 90% of their investments in less than 90 days. To avoid being another statistic, here are a few guidelines you can start with to be a successful Forex trader.

Getting in the Forex trading can be overwhelming at first. However, you can try out using a risk-free demo account such as the CFD demo account from CMC Markets. This will at least assist you in getting acquainted with how trading is done. It is equally important to know the market you will be trading. This is because the market is shaped by the combination of all participants.

When first getting into the market, you should at least aim at preserving your capital rather than growing it. To do this, you need to minimise risk by using a long term trading stance. It is a common beginner mistake to expect to make money from short-term trends. The Forex market requires patience and modesty, and successful traders will attest to making money by mostly investing in long-term trends. By holding on to your open orders for a longer time, they act more of an investment rather than a lottery. In addition, this will be less stressful since you will not be spending a lot of time staring on the screen assessing how they are performing.

As a beginner, it is highly advisable to start simple. This will ensure that your trading strategy is manageable and easy to follow. Starting simple will also eliminate most of the frustrations associated with Forex trading. You may be confronted with a myriad of tools when trading online Forex. What you need to realize is that it is not the amount of tools that will enhance your chances of success, but how well you use the few tools you understand.

Forex trading software will come in handy both for seasoned and beginner traders. The fierce competition in the market between brokers means that there are free Forex trading software. However, you may find the free software limiting. Thus, it may be advisable to buy software if it will be of better assistance.

In the Forex trading market, analysis is a vital concept. This means that traders who learn their way through looking at charts and making decisions are at forefront. Charts can range from daily, weekly or monthly, depending on your trading. Analysis will be both be technical and fundamental. For example, the tools for technical analysis are trend lines, support and resistance lines and indicators based on these lines. Fundamental analysis will involve gaining an understanding of how events and policies shape the market.

The market can sometimes be volatile. While this can be to your advantage, it can also wipe clean your investment. Thus, it is advisable to be extremely careful in volatile markets. You should also incorporate volatility analysis into your strategy. Nonetheless, you should always be prepared for anything to happen in the Forex market. While you can depend on Forex news such as those from Bloomberg or CNN among others, the Forex market has a way of making them obsolete. The news you see has already been discounted by the industry and it comes too late. If you rely on news, you will be too late and this may backfire.

It is also important to realize that there are hundreds of available markets you can diversify your investments. Therefore, you should not limit yourself by focusing on major markets since this often leads to over-trading. When trading, you should consider both the opening of the trade as well as the closing of the trade. Giving them equal priority will help you avoid making heavy loses. In conclusion, since financial trading is legally regulated, make sure you are legally protected.

Penny Stock Fundamentals

Justin W —  February 7, 2017

One of the biggest mistakes penny stock investors make is judging only the company and not analyzing the fundamentals of the stock. Today we are going to go into some penny stock fundamentals that you should understand and utilize to maximize your earnings. After you have learned the fundamentals we have listed below, check out Warrior Trading on Facebook. On their Facebook page they share great information on penny stock fundamentals that will help increase your penny stock vocabulary and breadth of knowledge.

With we analyze a company’s stock price we are looking at a company’s revenues, profits, losses, and projections for future performance and expectations.

Revenue

Revenue is the money a company earns for its goods and services. It does not take into account the cost to produce the good or run the company, it is simply a measure of the money coming in the door from selling the goods or services offered by the company.

Profit

Unlike revenue, profit takes into account the cost to produce the good or service. Profit is the amount of revenue that exceeds the expenses, costs, and taxes to sustain the business activity. There are three types of profits that you should familiarize yourself with: gross profit, operating profit, and net profit.

Earnings Per Share

You calculate earnings per share by taking a company’s profits and dividing it by the total number of outstanding shares. Earnings per share is an indicator of a company’s profitability and can be an important indicator when trading penny stocks.

Price/Earnings Ratio

You’ll notice in the chat rooms that everyone loves spouting off P/E ratios and what they think they mean. The P/E ratio is a stock’s price divided by its earnings. It is a measure of the stock’s current share price relative to its per-share earnings. The ratio is often used to analyze how expensive a stock is.

Technical analysis of a penny stock is more accurately judging the stock based on its price as opposed to judging the company. Since you are actually buying the stock, and not the company, it makes more sense to concentrate of the technical analysis of the stock price then the company. Once you can identify and analyze this technical data quickly and efficiently you will be in a much better position to trade penny stocks successfully and take your penny stock trading to the next level. When you are ready to take that next step go to Warrior Trading and check out their Step by Step Guide to trading penny stocks. They will show you everything you need to know about how to trade penny stocks. Good luck!

When it comes to unbelievable bets, many people think of the 18-fold accumulators that have miraculously come in, the bets on Leicester to win the Premier League at 5000-1, and the crazily specific bets, such as Xabi Alonso to score from his own half in the 2005/06 season (it actually happened). However, many people forget about the different things people have bet with aside from money. Fortunately, we are here to remind you.

The Roulette Bet

When you hear about people going all in, you normally consider this to be all in with all of their money. However, roulette fan Ashley Revell took the term a little more literally, and actually put every single item he ever owned online, and placed a bet on the roulette wheel in an attempt to either double up or lose everything he had ever owned. And he won. But Revell didn’t stop there. After a television programme, he discussed how he raised $135,000 by selling everything he owned, and jetted off to Las Vegas to bet on the roulette reel once again. At first, he placed a bet on the black, but at the last minute switched to red, and this was apparently the best decision he had ever made. While we do not recommend that all players implement betting everything they own as part of their roulette betting system, you have to admit that it was a pretty ballsy idea.

Not The Breast Decision Ever…

This is one of the most famous gambling stories, where a man more or less bet his pride in the hopes of winning $100,000. Brian Zembic was a fervent gambler, and his friends challenged him to a bet that not many men would go through with – to have false breast implants for a year. Of course, he actually went through with it. He quickly became known as the man who would do anything to win a bet.

Football Crazy

When it comes to football, it is easy to see supporters getting carried away, whether this is at the matches or at home. However, there was one case that really does outdo the others. Henry Dhabasani (an Arsenal fan) bet his friend Rashid Yiga (a die-hard Manchester United fan) that Arsenal would beat Manchester United at Old Trafford. This sounds like a pretty tame bet, until you hear what was actually on the line for the pair. The Arsenal fan staked his house, while Yiga took up his offer and staked his wife and his Toyota car! Ex-Arsenal legend Robin van Persie actually scored the winning goal for United, and Dhabasani genuinely packed up his belongings for his friend to move in.

Don’t Call Me A Liar

In 1956, licensed pilot Thomas Fitzpatrick was drinking heavily in a Manhattan bar, when someone challenged the man’s claim that a flight from New Jersey to Manhattan would take 15 minutes. Fitzpatrick decided to take on the bet, despite his intoxication, as a matter of pride. And so, he drove to an airfield in New Jersey and stole a single-engine airplane which he then, drunkenly, flew back to the city and landed it outside of the bar in time for last orders. Fortunately, the police only fined him $100 for the trouble after the plane owner decided not to press any charges. However, 2 years later a patron decided to challenge Fitzpatrick over the legitimacy of his story. And so he did it all over again.

Being a trader is all about executing at speed and getting ahead of the markets. In order to be a step ahead of the markets, you need to make sure you have every possible advantage. The best way of doing this is to have every possible resource available at your disposal. Here, we look at what resources you need and why they’re so essential.

Margins Calculator

A margins calculator can help you quickly and easily calculate how much margin you require to guarantee a position you wish to open. By using a margin calculator, you’ll be able to work out whether it is in your best interest to: reduce your lot size or adjust your leverage. They’re often quick and simple to use, too. All you need to do is select the trading instrument you’re using, input the size of your trade, your leverage and your account currency, and then press calculate.

You can get vital information in seconds, and it could help prevent you from over-extending your account balance.

Economics Calendars

It’s vitally important that you know exactly what is happening in the world. After all, everything from a US Farming announcement to a Bank of England policy decision can affect your trades, passing you from the black to the red.

As such, it’s vitally important you know not only what’s happening, but also when you’re likely to get a definitive decision and how much it’s likely to affect your trades. That’s why economic calendars like this one from Bloomberg are great.

They can give you all the information you need to inform your trades in one place. By just having one central location for your information, you’ll be able to stay ahead of the markets and your fellow traders, getting the best prices. All the information you’ll ever need will be available at the touch of a button.

Mobile Trading Apps

Tired of being chained to your desk all day in case an opportunity arises? Why not take your trades with you?

Many an opportunity is missed because people are unable to trade as and when they need to. However, if you get mobile trading apps, you’ll always have your trades with you, no matter where you are in the world, so you’ll be able to enter the markets before anyone else if an opportunity occurs.

By using these three resources, you’ll be able to execute trades faster than anyone else, allowing you to get the best prices. So give them a try today.

Creating a successful brand is not just about offering a quality product, but also creating a brand identity that resonates with your clientele.  When your buyers, feel a connection to your brand this will influence their purchasing decisions and generate customer loyalty. Here are some helpful tips, and marketing strategies to help you create and build a quality brand identity.

  1. Identify your target market and create a marketing campaign that reaches them personally.

For example, if your product or service is geared toward mothers in their twenties and thirties then it’s important to make sure that your marketing conveys an acute understanding of the concerns that mothers face such as the health and education of their children.  Another way to reach your clientele on a personal level, it is to interact with them across social media platforms. This way you can learn about the specific likes and dislikes of your customer base and cater not only your product but your marketing to their unique tastes.  For example, if health and nutrition are trending topics across your Twitter account, then you should not only create a social media marketing campaign that addresses these topics, but also create content to be featured on your website that addresses these topics as well.

  1. Make sure that your brand has a specific message.

Whether it’s that your company offers quality services for a reasonable price or that all of your products for animal cruelty free having a specific message that your clients can identify your brand by is as important as having a quality logo.

  1. Don’t be afraid to exploit your competition’s weaknesses.

Researching your competition is important for any company.  But when you’re establishing a new brand it is imperative that you find a way to stand out from the rest of the pack. One of the most effective ways to achieve this is by identifying how your product or service excels in an area where your competition have fallen flat.

When you use these steps and create a brand identity, it can truly help your company obtain and maintain success. The longevity of your brand can truly be linked to the identity you create for your brand and your customer’s connection to the brand.  A stellar example of this is JC Penney, whose name has been synonymous with quality products for reasonable prices for decades.

Physical exercise can often be the prescription for fixing problems stemming from bad joints, spinal misalignments, damaged tendons or ligaments or weak muscles. However, these problems often make exercise painful or even impossible to do. It is a catch-22. You know you have to exercise, but doing so is miserable. Here are a few tips that can help you through and around the pain, so you can get in shape and alleviate the pain.

Check with your doctor

Before starting any exercise program, it is good to check with a doctor first. Make sure your heart is able to handle the type of exercise you want to do. The doctor may also do tests to tell you what exact part of your body is causing your pain. Incorporate their advice into your plan for becoming pain free.

Recognize the purpose of pain.

Pain has a purpose. It alerts you to something that is not right in your body. It can show you where you need to put your efforts to get better. However, sharp, severe stabbing pains are a warning that you should stop doing things the way you are doing. For example, if you feel a stabbing pain in your elbow when doing a barbell curl, you may have torn something and should either stop or modify the exercise. You could still find alternate ways to exercise forearms, biceps, triceps and forearms, in a way that can stabilize that joint and facilitate healing.

Use isometric and bodyweight exercises.

Many people make excuses about why they don’t work out. One of the most common is not having the time or money to go to a gym or have necessary equipment to workout.  All you really need to exercise is your own body and a tiny amount of space. Yoga moves, stretches and simple exercises such as sit-ups, pull-ups and push-ups can give you an amazing physique. If you would like some advice and inspiration, check Youtube for videos for bodyweight exercises and calisthenics competitions. It may blow your mind that such simple things could make you so strong. Don’t worry if you are weak or injured and can’t even do a push-up or pull-up when you start. There are many variations that can help you build the strength needed.

Try a chiropractor or massage therapist.

A chiropractor or massage therapist can not help you by directly building muscles you need to feel healthy and pain free. However they can relieve pain and misalignments that hold you back from being able to do the exercise that will give you long term relief.  Plus, getting a massage can relieve mental stress and increase your general circulation.

Eat well and get rest.

While you are healing, be sure that you give your body what it needs. Be sure to drink sufficient fluids and eat as healthy as possible. If you are building and repairing muscle, that takes protein. Those building blocks can take many forms, such as meat, beans or even protein powders that you mix into a drink or cook into other foods.  This could be as simple as eating a steak for dinner or adding protein powder into your morning pancakes.  Be sure to get plenty of sleep, because much of the body’s repair goes on while you are sleeping. If you are having trouble sleeping, don’t drink much alcohol. It might help you get to sleep one night, but it will disturb your sleep pattern for days after.  Try taking a melatonin tablet about ½ hour before you want to sleep. It is a natural sleep hormone and is non-narcotic. Taken consistently, it will greatly improve your sleep pattern. You may start finding yourself waking up at the same time every morning, or waking up without an alarm clock.

Follow these tips and keep at your exercise program. You can heal up and realign your body, to prevent future pain.