Undoubtedly, many people point to cryptocurrency investments and trades as the key to all or most of their fortune. However, more than a few people also say that crypto is why they’ve lost a sizeable chunk of money. Sadly, crypto scams represent a significant percentage of these lost funds. So, how do you stay ahead of cryptocurrency scammers on the internet? In a few moments, we’ll walk you through a few tips on avoiding crypto scams and protecting your digital assets. Avoiding Crypto Scams: Six Tips for You It may be impossible to be 100% foolproof on the web today. But, following the follow ..read more

When it comes to deciding what to trade or maybe how to invest, you have many financial trading options. Some of the most common are Cryptocurrencies, Forex, Stocks, ETFs, FX Options etc. Now because each instrument is different from the other traders choose to stick with what they know, in other words, instruments they have experience with only. The approach is beneficial since it allows for traders to focus on what they are trading the most, which ensures higher profitability with a more polished approach. The drawback is that this approach means that traders have a limited portfolio. Wideni ..read more

Many people are allured by the often glamorous and seemingly easy life of a trader, mostly because they have no idea as to what goes into it. We’d largely attribute this perceived image to the media, where a trader is often portrayed having a glamorous lifestyle. Many movies and shows, even many that are centered around trading will make it seem that it is a game or make it look like its easy to make money as a trader. In reality, this is not how things work. Trading isn’t easy, and there are many challenges and inherent risks that need to be starred down by a trader each day. Every trader has ..read more

The risk management approach taken by a trader can be the deciding factor in many cases as to the outcome of a trading session. In this article, we emphasize the importance of traders having a risks management strategy in place before they enter the market. That said we’ll go into the exact steps that should be taken by a trader to come up with an effective risk management strategy. We will discuss 8 ways that will help any trader manage their losses. Each step will get traders a little bit closer to more mindful and hopefully responsible trading which minimizes loses. 1. The Tried and True Ca ..read more

When Should You Trade? Now one of the goals of any trader is to discover and then use the best entry point and then exit at the right time. In 80% of the cases finding the right time to enter determines how much money you will make. However, as easy as it may sound, the ever-changing markets make it challenging to find the optimal entry and exit points. As seasoned traders, we understand that there is no single surefire way to know the best time to trade because if anything, we’ve learned that markets are unpredictable. However, as challenging as it may be, it is still possible to study the ma ..read more

Now it is important to start with an understanding that almost everything that people do has some type of seasonal cycle associated with it. The stock market, too, has a season associated with it. While the phenomenon is pretty complex and hard to explain in a few words, it is possible for traders to take advantage of it. Furthermore, mid and long-term investors can also benefit from these changes. Some short-term traders may also be able to make a few bucks based on this information. Now it is a commonly accepted perception that the majority of money in the stock market is to be made between ..read more

Most traders and even those who are new know that there is risk associated with trading. However, a great deal depends on what trading strategies are used, and the trader’s knowledge and experience when it comes to managing losses. That being said, let us examine the steps that are required to come up with a good risk management strategy. Understand the Market One of the prime reasons why traders have to bear heavy losses is a lack of market knowledge. Interestingly both experienced and professional traders contrary to popular belief do not rush into trades before consulting their strategy. In ..read more

No matter what they say, trading is a hard hobby. There is no single best strategy that suits everyone. And there is no one solution that can turn you into a trading guru in the blink of an eye. In order to become an expert, you have to spend years and dedicate a lot of time to this pursuit. And still, many fail. Why is it so complicated and how do you get over all the complexities? Changing markets Markets are ever-changing and ever evolving, it is part of their nature. Odds are, you will never witness identical market conditions more than once. The reason for this is the sheer number of diff ..read more

Now many newbie traders may not realize this, but it is possible to come up with your own unique trading strategy. However, it is difficult to come up with a strategy that can guarantee steady payouts. So, the question is, how should you choose trading strategies also what to avoid during the process? That’s what we will be discussing in this article. Perhaps the first thing we’ll tell newbie traders is not to set your expectations too high. Initially, that trading strategy isn’t going to make your rich. Think of it more as a starting point. So, below is where you should start. The Five C’s of ..read more

The common misconception amongst regular people is that becoming a trader is easy. All you need is to open an account with a leading brokerage and start trading your assets of choice. In reality, things aren’t so easy especially if you want to become a good trader, who makes a fulltime living off the profits made on the market. Not only does it require a lot of effort but many missteps to learn. So, the question is what do you have to do to become a good trader? IQ Options which is one of the leading online brokerages for a variety of assets, knows a lot about trading and their advice to becom ..read more