Author: Jeremy Terry

How much do you know about binary options?

How much do you know about binary options?

Trading in binary options is not always successful. Despite having access to all financial news 24×7 traders fail to make profits. But this has not deterred others from trying because of the easy availability of online trading platforms not only in binary options but also in cryptocurrency like the Crypto Code; these platforms promise high profits. You can read more about crypto code here in case cryptocurrencies intrigue you, but if your heart is still on binary options read on.

How can you become successful binary options trader?

  1. Know your trading tools

There are several trading tools and they are easily available too and hence it is quite normal to accumulate all the trading tools but if you don’t know how to use them and interpret charts then all your efforts are in vain.  You must develop the skill of reading the charts and be in a position to tell if a price will rise or fall.

  1. Always rely only on tested strategies

The correct trading strategy is the difference between success and failure. You must do your research and identify a strategy that has been consistent and has provided positive results. There are several sites that offer demo trading accounts. You can make use of such accounts and try your strategies till you refine them. Just because it is a demo account doesn’t mean that you must stake large amounts; you must learn all basics of binary options.

  1. Use indicators wisely

A common mistake that all binary options traders do is that they keep using indicators until they realize that they are not as good as they are thought to be. It is time traders realized that relying on indicators completely is a fallacy.

  1. Keep your emotions in check

Actually, this is something that traders in all fields must excel at because uncontrolled emotions can lead to disasters. Trading requires a cool calm mind that can think with clarity and execute with confidence. Don’t let a few losses or hits cloud your decision-making strategies; be disciplined in your trading style.

  1. Never underestimate signals

The market can disrupt the best-laid plans and strategies and those who step aside from their signals pay the price. Unless you are a seasoned player always trade only when the market is right; it does not pay to take any risks of any kind.

There is no easy route to make money and be successful. The above-stated tips should be a part of your skill set and foundation for all trading.

Educate Yourself Before Beginning To Trade

Educate Yourself Before Beginning To Trade

We all aim for betterment in life. This may be in various streams such as career, living, earning, happiness etc. Amongst all these aims, better earning is one of the foremost aims that we all think of. Channelizing our savings into proper investment is something one must be careful of. If your goal is to earn or gain more money, then investing in the stock market is the best option you could think for. People ignore investing in this market considering the risk factor. It is true that this market is uncertain and there are some rough tides. However, once you understand the strategies of stock market then you are the winner.

Here are few points to consider before entering the house of stock market to enjoy your trading and investment.

  1. Due-diligence: The stock market isn’t something to be learned or understood in a day. There are various factors that rule the stock market. Trading without knowing the basics of the stock market could result in high loss/less return. Search engines such as Google, Yahoo etc., help us to gather millions of information about any subject that we are in need of. Start questioning yourself and try to understand the pre-requisites for trading in the stock market. Stocks are listed under exchanges established in the respective country for eg. In India, we have Bombay Stock Exchange and National Stock Exchange. Understanding the basic will give you a clear picture to trade efficiently and effectively in the stock market.
  2. Understand the Strategies: Try meeting professionals who carry on trade on a day-to-day basis. Action always speaks better than words. You will understand better when you do some practical work or visit someone doing it. This will help you to face the pros and cons and prepare you to handle the situations. Learn the basic terminology of trading such as bid, sell, put, call, beta etc. Even though there are brokers who could help and work for you, it is always better to get educated and understand the strategies of the stock market.
  3. Explore opportunities: By now, you would know the basics of stock market. As you are aware, there are various types of investments depending upon risk and return. Analyse the options available and diversify your portfolio by investing in different options available instead of relying on one investment. Recently, many people are investing in cryptocurrency market considering the return. More than 20 million traders are dealing in this market. Click here to know more about investing your money in cryptocurrency market.

Trading always travels with emotions which may be positive or negative. One has to educate oneself on the basic working of stock markets including the market trends before entering the ocean of stock market.

 

 

Introduction to Bitcoin

World’s first cryptocurrency or digital currency is Bitcoin. It is also called “internet money”, “virtual money” or “digital cash”. Bitcoin is the currency that is virtually present but has value to it. So it is not an actual banknote or coin in your wallet but it is a digital asset in your digital wallet. It is not controlled or managed by any centralized system or is regulated by any government. It is decentralized.  The Bitcoin owners do not have account numbers, names or identification numbers linked in the system. It uses blockchain technology and cryptographic or encrypted codes to connect to its owners. It can be used to buy services and goods, but not every organization accepts it and is outlawed in few countries.

Because of the tremendous growth of cryptocurrencies, systems like Bitcoin Loophole have become an inevitable part of investor’s life. To know more about Bitcoin Loophole refer to the full report.

Bitcoin History:

Bitcoin was introduced as a Peer to Peer Electronic Cash System in early 2009 by Satoshi Nakamoto, an unknown person or group of persons.

How do Bitcoin works?

Bitcoin is a file stored on digital wallet app on your Smartphone or computer. All the digital wallets get a unique public address. This address is a 30 character long combination of number and letters. Owners can send or receive bitcoins or part of it in their respective digital wallets. All these transactions are recorded in a public ledger called Blockchain. Blockchain helps to keep the history of all transactions ensuring no one can duplicate, reverse the transactions or use bitcoins they do not own.

How do we get Bitcoins?

1) Buying: To buy Bitcoins we need to have a Bitcoin wallet. They are available on site like Blockchain.info or on mobile apps like Bitcoin Wallet for Android or iOS. Once we set up the Bitcoin Wallet we can buy Bitcoins using the traditional currency or the “real” money.

2) Selling: The best and easiest way to own Bitcoin is to ask the buyers to pay us in Bitcoins for the goods and services we provide.

3) Mining: Mining here means creating new Bitcoins using Computers. Extremely powerful and energy efficient computers are needed to mine the Bitcoins. In the mining process, the computers are required to solve extremely difficult mathematical calculations which keep on getting difficult in each step. When the mathematical problem is solved a new block of Bitcoin is created and the person/miner solving the problem owns the new Bitcoin. The process of mining was worthwhile earlier, but with recent advancements, it takes a lot of efforts, high-end computers and a lot of time (sometimes even years) to mine the Bitcoins.  Currently, there are 16.5 million Bitcoins and the maximum limit is 21 million.

Strengths & Weaknesses of Automated Trading

Did you know that more than three-quarters of the stock shares that are traded on the American exchanges have its origin from the fully automatic trading systems? Automated trading systems are excellent tools wherein you can simply watch your money roll while you utilize that time for other productive purposes and await results. The automated trading software begins to execute trades on your behalf once it is programmed.

Automated trading systems are known by different alternative terms such as system trading, algorithmic trading, expert advisors (EAs), and even mechanical trading systems. Although it is known by many names, it has a single purpose of allowing traders to create specific rules that serve as inputs for every trade entry and exit. There are several automated trading robots that you can rely on for executing your trades such as the Bitcoin Loophole.

Here is a look at the different strengths and weaknesses of an automated trading system that will enlighten you more about this tool.

Strengths

  1. Automated trading systems operate based on predefined rules and hence there is no scope for the intervention of any human emotions that can prevent it from taking any rash/feelings-based decisions.
  2. Additionally, automated trading systems are inbuilt with a back-testing capability that allows users to test their strategies and trading rules using historical data even before they bet their money on real-time trading activities, thus preventing loss of money and allowing you to perfect your trading skills and strategies.
  3. Moreover, automated trading systems respond immediately to market changes, thus operates with great speed, which is required to seize every profitable opportunity.
  4. In addition, consistency is maintained while trading using automated trading software and does not link to any emotional feelings of the past win or loss history.
  5. Further, automated trading systems help an age-old trader to generate greater assured profits by allowing him/her to perfect the winning trade strategy.
  6. Lastly, automated trading systems provide traders with diversity by allowing them to open multiple accounts where they can trade using different winning strategies. This also spreads the risk evenly to different instruments.

Weaknesses

  1. Although automated trading software allows you to sit back and relax, some amount of manual monitoring is required in order to avert disasters that can arise out of missing trades, duplicated entries, connectivity issues, computer crashes, or any unpredictable market anomalies. At times even the best system can go rogue due to unpredictable market conditions.
  2. Sometimes a well-planned strategy will result in great profits online. However, if the same is applied to a live market, you may find the same strategy to fail miserably. Hence, it is always advised to trade with only what you can afford to lose.
  3. An automated trading system is a machine that constantly needs to be updated in order to stay ahead of the evolving market conditions. Therefore, you will need to rely on experts to update your software as per changing markets or else you will lose miserably.

 

 

 

How can automated trading affect the stock market?

The lure of the stock market is hard to resist for the novice and for the expert. The sheer experience of adrenaline rushing through your system as your brain works at breakneck speed to assimilate all the data, numbers and the possible repercussions is hard to beat. While that is the typical scenario in any stock exchange, with the advent of automated trading robots things have changed.

The dependency on automated trading systems has led to quieter floors with software and computer dealing in trillions of dollars every single day. Algorithms have started deciding how a day at the stock market will unfold. The ability of these inhuman machines is their speed to analyze and react to the opportunities that are constantly changing in the trading world. In fact, the dependency on these machines is so much that it is believed that more than half of the Sand P 500 companies trade using algorithms. On the flip side, the speed at which these machines trade often leaves many traders high and dry as they do not have time to react.

While there is no doubt that no human can match the speed of the robot traders it has been seen time and again that complete reliance on these automated systems can prove to be disastrous. Since these systems work on preprogrammed signals whenever the prerequisite is met in any stocks or bonds the systems will start trading which can lead to a freefall in the market. For example, if Dow Jones falls by 3% a particular system will be triggered to sell. The problem happens when several automated systems enter the stop loss criteria the market will be hit in a significant manner. In fact, it is believed that the recent vagaries in the market were the result of algorithm trading.

Analysts have stated that it must be the work of the machines because people don’t liquidate stocks so rapidly; they analyze and then take action.

While trading robots do have their drawbacks there is no denying that they are the future and we have to learn to deal with them like we are learning to accept the digital currency like bitcoin and Ethereum into our daily lives. In case, you want to try your luck in crypto trading then check out Crypto VIP Club. Is it a scam if you ask, you must find out for yourself after reading the review because in this field trust no one but yourself.

 

 

Simple Energy Resources Trading Related Terminologies

These powerful terms are a clear-cut indication of the effectiveness of energy resource trading and include

  • Sleeving: This is a transaction means by which a hostage party conducts the indirect type of trading with another party, who is unknown and cannot be fully trusted for doing trading. In such cases, an intermediate party is included by the hostage group, which has a good reputation, to conduct trade with the other party.
  • Allowance trading: This kind of trading is the center of attraction piece for the acid rain programs because these allowances are the currency received to purchase or trade almost all kind of sources related to the Sulphur dioxide emission. They do have a well-established and authorized unit with a utility factor to emit a limited ton of sulphur dioxide per year and can sell these products through trading. Further, they mount this trading money for purchasing more sulphur coals to generate more dioxide of sulphur and the process continues.
  • Flash-spread: This generally indicates the difference of price between the rate at which the generated electricity is sold by the concerned personnel and the quantity fuel of fuel used for generating this energy, accounted for equivalent units. Additionally, these are represented in terms of US dollars per Mega Watt hour. The flash-spread is obtained as the product of gas price and heat rate and dividing it by a thousand and reducing the respective electricity price from the obtained result.
  • Specific associated risk: This is the market risk involved in the security price which is always related to an individuals’ stock price market.
  • The process of speculation: This is regarded as a process opposite to the speculation means.
  • Spinning and non-spinning reserve: Spinning reserve can be described as the back-up of energy kept behind the energy production unit that is further made available to the long transmission distribution systems with a give notice period and with this power they continue to operate continuously for say two hours. On the other hand, the non-spinning reserve unit keeps on generating energy quantity that is brought online within ten minutes of offline work. They can be either operated or interrupted in between a minimum of two hours.
  • The real existing market: The Spot market type that is indeed a real-time commodity market set up for quick sale and distribution of energy and usually represent the well-flourished market for the natural gas generated while operating on a specific time period varying from a scale of days to week and for electricity where the scale matters to be as small as the case of a few minutes. The spot chosen for marketplace vary depending on the energy to be sold and the corresponding Ethereum Code trading infrastructure supports and even they exist online.

Wake up women and start investing

If you didn’t know this then it is time to wake up – on average women in America earn only 0.81 cents for every dollar a man earns. Compound that over your entire working career and you are looking at several hundred thousands of lost pay.

It is time women took the matter into their own hands and started looking for opportunities where the employers do not discriminate between the gender and pay according to the expertise and hard work.

While it might not be as easy to change a job or get the right opportunity you still have potential to change your future if you invest right. Thankfully, their is an equal number of choices for both the genders to invest profitably.

Some of the more popular choices are automated trading systems like the QProfit System which gives you an entry into the trading market and even with minimal or no knowledge you can hope to make some profit. The other popular options are mutual funds and real estate.

Tips to successful investments

Here are a few tips on how you can improve your finances with better investments.

  1. Identify your goals and the time frame you set aside to achieve them. Once this is established you can choose the right investment strategy. Remember your goals will be different from your neighbors and friends and hence what worked for them will not work for you.
  2. Save minimum 15% of your income for retirement; this is a greater need than probably buying a home. While you might still be young and retirement long way off, it is important that you prioritize your goals and save for long term.
  3. Women by nature are not risk takers, hence they tend to be more conservative with their investment plans. You can be safe and yet look at better prospects by having a diversified portfolio which will spread your money across several individual stocks thereby mitigating your risk while not reducing the chances of greater returns.
  4. Investments are not a one-time thing; they need to be periodically taken stock of. You must check your account status and know how your investment is doing and tweak it, if you must, to meet the changing ups and downs in the market. Be ready to change your allocations to keep up with the inflation and changing stock rates.

While you must not stop fighting for equal pay for both genders you can simultaneously secure your future with the right investments, after all, your finances are in your hands.

 

Thedishdaily-com

Starting a business is always exciting and challenging. One from the outside only sees the idea, criticizes it for the way it is being carried out and point out where all the entrepreneur has gone wrong. Very few people sit back and absorb what is happening and appreciate the efforts that has been put in or even give helpful suggesting along with the criticisms.

As a person fresh from college or after quitting a well paying job, one is under tremendous pressure to not only earn good money but will also have financial commitments to keep up and other financial responsibilities, which make it a must for them to earn well.

It is easy to sit back and tell someone to start a business, just because there is a future in it or they are good in that field. Here are some of the difficulties faced by startup companies and their owners:

Funds

It is anyone’s guess that starting a business and running it requires funds. When you are a startup, the funds required will me much more than what is required by an established business. This is because, everything is new and everything has to be acquired. One cannot enjoy the regular customer discounts and the like, that are specifically reserved for existing companies that have a good rapport with the supplier.

Also, since one is inexperienced, expenses will definitely be more than what was accounted for, as most of the time one expenditure will lead to the other and there is hardly a way to avoid it.

Competition

No matter how unique the product or service is, there will be competition. If it is similar to something already existing in the market, one will have to create a name for themselves and get recognized enough for people to give them a fair chance.

If it is a totally new product or service like the online trading platform The Brit Method, people will have to be convinced that it is legitimate and they can trust their money with this product. To change people from their old habits is quite complicated.

Hiring

When you run a business, be it small or big, you will need employees. These employees can make or break your business, hence it is important to ensure they are good, capable and trust worthy. Selecting the right employee is very important and requires a lot of time and effort

Decision Making

Whether you are alone or have a partner, the decision making can be quite complicated.

For those on their own, they would be skeptical about their own decision and for those who have a partner, will have to brainstorm and convince one another for any decision to be taken.

Re-engineering journalism

That is the response of many when I say I’m pursuing a graduate degree and career in journalism. With local newspapers closing every day, more and more people absorbing news through Twitter and Facebook and a drought in the hiring of journalists of color, they may be right—or so they think.

The need for real paper and news in print is lost on today’s generation. Though some may argue that it is a way to reduce the consumption of paper and other resources, it is more to do with everything going online. even trading that had people sit before their systems for hours, has them use software like Millionaire Blueprint, which does all the trading for them automatically. All the charts are read, analyzed and decisions are taken by this software.

Yes, journalism is not what it used to be. But who said it had to? According to the 2014 John S. Knight Journalism Fellows, journalism can be whatever you want it to be.

On Monday night at Stanford, this was the underlying mission of the 20 fellows who presented their visions for what journalism is and will look like moving forward. They have spent the past year, while taking breaks from their professional jobs, developing concepts and prototypes that will push journalism forward.

Here is a list of the most interesting and promising presentations:

The Top Seven (in reverse order)

7. Sahar Speaks! – All too often, news is told about a particular group of people or issue, not by those experiencing it, but by onlookers. Amie Ferris-Rotman wants to change this, specifically for females in Afghanistan. Her hope is to empower them with training, mentoring and an international publishing platform so that their stories, from their unique perspective, are told.

6. OpenFilter – Social media and misinformation go hand-in-hand in this age, unfortunately. In an effort to filter through the foolishness, Martin Quiroga and his team have developed a solution inVenezuela Decoded, a website that helps people “decode” the uprisings in Venezuela by synthesizing content from credible sources on Twitter. Having received international praise for this venture, OpenFilter is Quiroga’s way of open-sourcing the filtering platform his team has created.

5. Briefly.tv – According to Umbreen Bhatti, many journalists say they don’t cover legal stories because they’re too complicated and, except for at a courthouse, few can be found who want to cover such stories. In response, she has created a tool for television journalists that “does some of the work for them,” interviewing potential sources for a database-like platform that helps journalists cut through the barriers and tell stories regarding the legal system.

4. Code{actually} – Everyone from Mark Zuckerberg to President Barack Obama are on the coding and computer science train, and journalists are right behind them. The problem is, no one wants to meet us where we are—often a story-driven place, not a data-driven one. Cindy Royal knows our pain and has created a Code Academy for journalists, from a journalistic perspective.

3. The Dazzles – Every journalist wants a Pulitzer Prize. The problem, though, is that many people who get into journalism want to change the world and have an influence on people through their writing—and a Pulitzer is far from their mind. But each year, as the nominees and winners are announced, whichever pieces the proverbial “industry” deems the best receive the recognition—making a difference rarely plays a role in the criteria. The Dazzles are Shazna Nessa’s way of allowing readers to help decide what is good journalism. The goal is to allow journalists to know what resonates with our audiences so that we may better serve them.

2. The Earth Academy – “Not a leap, just a few steps away.” This is how Camille Seaman describes how we can curb climate change. Her project aims to become a hub for useful and empowering ideas for those who wish to make changes in their lives that are not difficult to adopt. An effort that also plans to create “hyperlocal villages of the future,” the plan is to “save ourselves and future generations yet unborn.”

1. hrdcvr – What can be more innovative than reimagining what print can look like—in print? “A new new, for the new everyone,” is how Danyel Smith describes her venture to create a concept magazine in the form of a book, “an extreme print experience.” A crowd-funded, one-time published product, she wants to “reject the niche” and “reject mainstream” because “it’s about the multi-stream.” Passion dripped from her eyes as she teared up at the notion that “everyone is equally interesting.” In my opinion, hrdcvr is poised to revolutionize what we have come to know as journalism and what we call print.

Honorable Mentions – These ideas didn’t make my top seven, but demonstrate the innovation needed to shake things up journalistically.

Voyz.es – Pitched by Ana Maria Carrano, this is a platform that aims to allow journalists and citizens to record and share audio—“think document cloud for voices,” she said. After speaking with more than 50 journalists who said they transcribed up to 10 interviews a week (each one taking up to two hours), she wanted to capitalize on the pieces of the interviews that don’t make it to print. Voyz.es is set to be a solution for journalists looking for stories to tell. In Carrano’s words, “Your conversations deserve a place to be found.”

Emergency Publishing Toolkit – After his experience in Manhattan in the wake of Hurricane Sandy, Andrew Losowsky wanted to know why little information was being passed around about what was going on or when the power would return. He set out to create a low-tech solution that would allow people to distribute news and information after city-rocking events such as natural disasters. The Emergency Publishing Toolkit was then born, a plastic bin filled with situation-specific approaches for spread information.

For information on the other presentations, visit the Knight Fellowship website.

This post was originally published on thedishdaily.com before it was acquired by The Stanford Daily in summer 2014.

 

Letter of Contempt

Mail in your door

The National Association of Black Journalists (NABJ) addressed an open letter to the founders of news media startups today calling for diversity. The letter, also sent to NABJ members through email, reads in part:

“Many of us wondered aloud if this entrepreneurship might also include new and more effective approaches to achieving diversity and inclusion in newsroom staffing and news coverage. After all, these startups will exist primarily on digital platforms, where African Americans and Latinos are proportionately larger consumers of news than whites. But our excitement has turned to concern as the parade of recent hires hardly reflects a commitment to ensuring that these new newsrooms reflect all the communities they will cover.”

Media startups named in the letter include Vox Media, First Look Media, The Marshall Project and FiveThirtyEight, all of which have hired industry vets—a move the NABJ believes demonstrates that diversity may not be much of a priority. The letter continues:

“Old relationship networks have become a 21st century club that is predominantly male and almost exclusively white. This club is familiar with, and hires, its own. This has been the trend in legacy media. The same will happen in these new outlets if new relationships are not forged.”

Pulling in rapper Jay-Z’s “Public Service Announcement,” the NABJ wrote, “Allow us to reintroduce ourselves,” in an effort to forge an ongoing partnership by inviting such companies to the organization’s annual sumer NABJ Convention & Career Fair.

With the onslaught of new startups cropping up everywhere in the world, being funded by not just businessmen with sound decision making skills, but also by youngsters, celebrities, etc, the people are little concern about the outcomes.

What starts out today in such a high speed, soaring over the existing companies that were built over a period of time, can come down crashing without a warning. These companies can have a short growth stint and just vanish in thin air, leaving the investors and employees totally exposed.

Apart from the performance of such companies, what has caught the attention of the public and the media is the way they hire their employees. Gone are the days where there would be a proper interview and one had to go to extensive limits to crack it. Today, if a company is funded by a celebrity, everyone he knows or has come across in his life, stands a chance to get in.

So what happens to quality of the job done on the inside and the value of the money invested by the investors? One can never be too sure. While people are skeptical to invest in the stock market through software like Millionaire Blueprint, where everything is automated, people are ready to invest in ventures where the scope and aim are not clear and business practices are questionable.

 

Image courtesy of Bogdan Suditu.