Do you listen to financial network networks while you trade? You shouldn't do it

I have an open microphone policy in my trading room, which allows members of the trading room to communicate with me during cash trading. It is not unusual to talk to a member of parliament and hear a financial network boom in the background. I believe that trading while listening to financial news can be very harmful to your trading success. These networks usually entice individuals to assess current market conditions and make predictions about various aspects of trading and investing.

But there is a clear problem with obtaining trade information from a network. They all have an agenda that you may or may not supplement with your trade. In addition to having an agenda that is usually based on the political ties that the network has, many of these guys only speculate about possible results of daily market activity. What's the benefit?

To be a profitable trader, it is essential that you make your own chart analysis and start transactions based on that analysis. In the short term, only graph analysis is an acceptable method for trading, along with a dash of real-time indicators. There is no doubt that a & # 39; talking head & # 39; can predict a price movement in the short term on television.

Today was a good example of why your analysis is much more valuable than the brains of network trading trust. I often listen to one or more financial networks before trading starts because I am interested in the equity issues that affect the NASDAQ. There was a general consensus among this morning's panelists that the NQ would reach a new high in the morning session.

Guess? The morning NQ promotion was on the downside, not on the top. The market did not make the slightest attempt to recover, but remained in a humiliating follow-up channel and spent much of the time testing new lows. So much for the television prediction. It is usually only generic speculation that often coincides with equity issues in the speaker portfolio. Even worse, there is a good chance that it can be simple speculation about what could to happen.

Another good example of incorrect information that these & # 39; talking headlines & # 39; are pre-market projections based on the direction of the next futures. In my experience, because futures prices are down at night, this only indicates a slight correlation with what the cash session traders have planned for the day. So hear next year, "the nocturnal futures price campaign indicates the market will go down", you can generally discard the information as foolishness. The night traders and the cash session traders are two different groups and often have different goals and motivations.

In summary, I listen to music or just enjoy the silence while I exchange and advice from "experts" can make you (or I) have a directional preference. A day on which you are biased with doubtful distinction is the recipe for disaster. Do yourself a favor and get rid of the & # 39; experts & # 39; and make your own trade decisions based on what you see developing in the graph.

Are you considering investing? Consider the Bitcoin Way

What is bitcoin?

If you are here, you have heard of Bitcoin. It was one of the largest frequent news headlines in the last year or so – as a fast-paced schedule, the end of funding, the birth of truly international currencies, as the end of the world, or as a technology that has improved the world . But what is Bitcoin?

In short, you could say that Bitcoin is the first decentralized money system used for online transactions, but it will probably be useful to dig a little deeper.

We all generally know what & # 39; money & # 39; is and what it is used for. The main problem that occurred when using money before Bitcoin is that it is centralized and managed by one entity – the centralized banking system. Bitcoin was invented in 2008/2009 by an unknown maker who uses the pseudonym & # 39; Satoshi Nakamoto & # 39; to bring decentralization to money on a global scale. The idea is that the currency can be traded over international lines without any problems or costs, the checks and balances would be distributed all over the world (instead of just on the ledgers of private companies or governments), and the money would become more democratic and equally accessible to everyone.

How did Bitcoin start?

The concept of Bitcoin, and cryptocurrency in general, was started in 2009 by Satoshi, an unknown researcher. The reason for the invention was to solve the problem of centralization in the use of money, which depended on banks and computers, a problem that many computer scientists were not happy with. Since the late 90s attempts have been made to achieve decentralization, so when Satoshi published an article in 2008 with a solution, it was overwhelmingly welcomed. Today Bitcoin has become a well-known currency for internet users and has thousands & # 39; altcoins & # 39; (non-Bitcoin cryptocurrencies).

How is Bitcoin made?

Bitcoin is made through a process called mining. Just as paper money is earned with prints and gold is extracted from the ground, Bitcoin is made by & # 39; mining & # 39;. Mining involves solving complex mathematical problems related to blocks using computers and adding them to a ledger. When it started, a simple CPU (like the one in your home computer) was all you needed to mine, but the difficulty level increased considerably, and now you need specialized hardware, including high-end Graphics Processing Unit (GPU & # 39; s), to extract Bitcoin.

How can I invest?

You must first open an account with a trading platform and create a wallet; you can find some examples by searching Google for & # 39; Bitcoin trading platform & # 39; – they usually have names where & # 39; coin & # 39; or & # 39; market & # 39;. After you become a member of one of these platforms, click on the assets and then on crypto to choose the desired currency. There are many indicators on every platform that are fairly important, and you need to be sure to consider them before you invest.

Just buy and hold

Although mining is the surest and, in a way, the easiest way to earn Bitcoin, there is too much pressure and the costs of electricity and specialized computer hardware make it inaccessible to most of us. To avoid all this, make yourself comfortable, enter the desired amount from your bank and click "buy & # 39;", then sit back and watch your investment increase as the price changes. This is called exchange and takes place on many exchange platforms available today, with the ability to trade between many different fiat currencies (USD, AUD, GBP, etc.) and different crypto coins (Bitcoin, Ethereum, Litecoin , etc.).

Trade Bitcoin

If you are familiar with stocks, bonds or Forex exchanges, you will easily understand crypto trading. There are Bitcoin brokers such as e-social trading, FXTM markets.com and many others to choose from. The platforms offer you Bitcoin-fiat or fiat-Bitcoin currency pairs, for example BTC-USD means trading Bitcoins for US dollars. Keep an eye on price changes to find the perfect pair based on price changes; the platforms offer price in addition to other indicators to give you the right trading tips.

Bitcoin as shares

There are also organizations established to allow you to buy shares in companies that invest in Bitcoin – these companies trade back and forth and you just invest in them and wait for your monthly benefits. These companies easily bundle digital money from different investors and invest on their behalf.

Why should you invest in Bitcoin?

As you can see, investing in Bitcoin requires that you have some basic knowledge of the currency, as explained above. As with all investments, this entails risk! Whether or not you want to invest depends entirely on the individual. However, if I were to give advice, I would recommend investing in Bitcoin for a reason that Bitcoin continues to grow – although there has been a significant boom and bust period, it is highly likely that Cryptocurrencies as a whole will continue to increase in value in the coming 10 year. Bitcoin is the largest and best known of all current cryptocurrencies, so it's a good place to start and currently the safest bet. Although volatile in the short term, I suspect you will find that Bitcoin trading is more profitable than most other companies.

Crypto TREND-01-2017

Everyone has heard how Bitcoin and other crypto currencies have made millionaires of those who bought a year ago. Profits of 1,000% or more are not only possible, they are commonplace with many of these crypto currencies. Someone who bought Bitcoin for less than $ 500 in May 2016 would have had a profit of 1,400% in about 17 months. Then we saw Bitcoin lose nearly $ 1,000 in recent days, so to say that this crypto currency is volatile would be a huge understatement.

Since the start of Bitcoin in 2008, we at Trendnieuws have been skeptical about crypto currency & # 39; s & # 39; survivability, since they represent a very clear threat to governments that want to see and tax all transactions. Although we may still be careful with the actual crypto currencies, we are very aware of the potential of the underlying technology that drives this electronic currencies. We even believe that this technology will be a major disrupting factor in the way data is managed and that it will have an impact on every sector of the global economy, as will the influence of the Internet on media.

Here are some questions and answers to get us started …

Question: What are Crypto currencies & # 39; s?

The best known crypto currency (CC) is BITCOIN. It was the first CC started in 2008. Today there are more than 800 CC & # 39; s including Ethereum, Litecoin, Dash, Zcash, Ripple, Monero, and they are all "virtual". There are no "physical" coins or currencies.

Question: How do CC & # 39; s work?

CC & # 39; s are virtual currencies that exist in very large distributed databases. These databases use BLOCKCHAIN ​​technology. Because every Blockchain database is widely distributed, it is thought to be immune to hacking, because there is no central point of attack and every transaction is visible to everyone in the network. Each CC has a group of administrators, often called "miners," who validate transactions. One CC called Ethereum uses "smart contracts" to validate transactions. Crypto TREND will provide more details in upcoming news publications.

Question: What is BLOCKCHAIN?

Blockchain is the technology that underlies all CC & # 39; s. Any transaction for the purchase, sale or exchange of CC & # 39; s is entered in a BLOCK that is added to the chain. This technology is complex and will not be explained here, but it can revolutionize financial services because transactions can be executed quickly and easily, reducing or eliminating costs. The technology is also being investigated for applications in many other industries.

Question: Are CC exchanges regulated by the government?

For the most part, the answer is NO, which is a major attraction for some users in this market. It is now the & # 39; wild west & # 39; but governments in most developed countries are investigating this market to decide what regulation may be needed. A big decision is whether CC & # 39; s must be treated as a currency or as a commodity / security. Canada and the US have so far stated that CC & # 39; s are legal, but the situation remains fluid with regard to reporting and tax implications. Crypto TREND will follow these developments and report on them.

Question: How do I invest in this market?

You can use CC & # 39; buy, sell and exchange with the help of specialized "exchanges" that act as brokers. You start by selecting an Exchange, setting up an account and transferring fiat currency to your account. You can then place your BUY and SALE CC orders. There are many exchanges around the world. Opening an account is fairly easy and these exchanges all have their own rules for initial financing and withdrawals.

Crypto TREND will recommend CC exchanges in the future.

Question: Where do I keep my CC?

To have the freedom to move your crypto currency & # 39; s and pay bills, you need a digital wallet. These portfolios come in various formats, such as desktop, cloud-based, hardware (USB), mobile phone and paper. Many of them are FREE, but security is a big factor because no one ever wants to lose their wallet or have it stolen. Crypto TREND will recommend digital portfolios in the future.

Question: What can I do with my CC?

In addition to investing in CC products, you can also use crypto currency for some financial transactions, such as money transfers and paying bills. The list of companies that accept crypto currency is growing rapidly and includes major hitters such as Microsoft, GAP, JC Penny, Expedia, Shopify, Bloomberg.com, Dish Network, Zynga, Subway and WordPress.

Question: What is next?

When we start, we keep each of the Crypto TREND items short and we keep the scope of each item as narrow as possible. As we noted earlier, we believe that crypto-currency technology will be a game changer, and potential investment opportunities such as these come up once or twice in your life. Make no mistake, early investments in this sector are only for your most speculative capital, money that you can afford to lose.

Even if you do not want to invest right now, gaining an early understanding of this new disruptive technology will put you in a favorable position to take advantage of our recommendations as we proceed.

Expect to see more Crypto TREND news and specific recommendations as we embark on this journey to what may seem like a strange jungle at first. This is a volatile market and may not be attractive to all investors, but Crypto TREND will be your guide when and when you are ready.

Stay tuned!

The benefits of using automated forex trading

The use of Robot or automated system for forex trading is of great benefits. It cuts off all human struggles and stress and does what people cannot do adequately. This newly developed software is automated and aimed at identifying trade signals and financial news. The main objective of the program is to identify and trade profitable currency pairs.

Everyone who uses this trading system can personally define their own criteria. The robot can correctly check all predetermined parameters and ensure that the conditions are met before entering into a transaction. Once the conditions are met, the robot buys or sells correctly.

Here are the 3 most important benefits of using an automated or automated system:

1. Act without problems

Unlike human struggles, stress and feelings, the system works perfectly. You don't have to worry about anything once the parameters have been defined. It makes its own decision to act without human intervention.

2. Substitute for part-time traders

Part-time users of this automated system do not have to be present to analyze the market before trading. The robot acts in its absence as soon as it is switched on and it identifies good trading opportunities.

3. 24/7 trade

This automated system is so great that it allows forex trading at any time of the day without human supervision, intervention and others.
There are many automated systems and users can decide to choose one of their choice, depending on how easy, fast and effective they are. The characteristics of some of these automated systems are:

1. Remote access
2. Virtual confidential staff member who works on table hosting
3. Real immediate monitoring
4. Create reports.

As mentioned in the introduction, we have seen the advantages or advantages of using automated systems in forex trading. And this is a great opportunity for every trader to invest and reap a huge return without fear.

Forex Trading Strategies – Develop a strategy to achieve triple digit gains

In this article, we will look at developing a Forex trading strategy that can help you make big profits in global currency markets. The basic principles of successful trading can be learned by everyone, let's take a look at Forex trading strategies that can save you money and lead you to success.

The first point to keep in mind is what kind of trader you are?

Do you like acting or acting, are you more patient and do you want to trade in the long term? If you like the action, you must swing the trade and trade movements that last from a few days to a week, and if you are more patient, concentrate on long-term transactions that can take weeks or months. You can earn money with both methods and the person you choose simply reflects your personality. You will find that I have not mentioned day trading as a way to make money because it does not make money! Your day trade, trade only the noise of the market and if you do, you are destined to lose.

Now let's look at the principles that make a strategy successful.

The first point to keep in mind is to keep your strategy simple and based on promotional price action. You don't have to read the news or listen to the opinions of other traders, you can just trade trends in a chart. A simple strategy can make money and it is not necessary to make your strategy too complex or complicated. All the best traders use simple trading strategies and if it's good enough for them, it's good enough for you.

Your strategy must have objective entry and exit points and these must be confirmed by price action! Do not do what most losing traders do, namely try to guess where the market is going, just trade on confirmation.

There are many different ways to make a profit in Forex, but the way to lose it is to lose. Allowing losses to get out of hand is the most common reason why traders lose. You must stop immediately after entering a position and the risk of rewarding what you must look at must be at least 3: 1

The strategy must have consistent rules to trade all currencies in the same way and must also be traded in the same way on all types of markets.

Developing a simple strategy that can earn money is something that anyone with a few weeks of study can do. However, you must let your strategy make money and that means acting with discipline, keeping losses down and not being tempted to deviate from your strategy or suppress trade signals. You must keep in mind that most traders cannot follow a set set of rules, but if you deviate from it, you have no strategy.

So there you have some simple tips on how you can think of your own Forex trading strategy for success. If you follow the above tips, you will soon make some nice profits in less than an hour a day and generate a great second income for yourself.

Straddle Trader Pro Review – How does the Straddle Trader Pro work?

If you have been trading in forex for some time, I am sure you have heard of forex news trade. Or maybe you avoided Forex news trade because you never knew how the market would react to a news item. But what if you had a low risk way to trade the forex news and regardless of which direction the market went, you could benefit. Well, this is what Barry Battista of forextradersdaily.com has tried to do in his latest release of the Straddle Trader Pro News Trading Software.

What is Forex News Trade?

Simply put, a trader is trying to determine which direction the market will move once a press release is made public. In the past this was almost impossible because the market reacts to the press release within a few seconds, leaving the trader barely enough time to determine whether the news is good or bad, much less, to determine whether the currency pair goes up or down. Moreover, the currency usually rises so drastically and so quickly that it was almost impossible to trade even at a profitable rate.

So what does the Straddle Trader Pro software do?

The Straddle Trader Pro is strictly news software. It is a mix of software and an expert advisor. You first have the interface of the software that is directly linked to a news feed that receives the data. The data is then processed and the parameters are passed on to the expert adviser who places transactions on your account. Now to start the transaction before it goes up or down, the Straddle Trader Pro Expert Advisor places 2 ongoing transactions. One for when it goes up, and one for when it goes down. So no matter which way it moves, it will activate one of them and automatically cancel the other transaction for you, so you don't get 2 triggered transactions.

The benefits of this are that you enter the market faster than ever before. In addition, the Straddle Trader Pro automatically takes a few risk parameters into account and sets your batch size, spread and other factors before the news ever comes out, so you don't have to panic to get the trade in.

Finally, Barry Battista keeps a schedule of all news items on his website and tells you the input factors that you can enter into the software to minimize your risk. All news items are scheduled in advance, so they are never last minute and it takes about 10 minutes to set up. The other aspect that many traders appreciate is that you are never in a transaction for more than 10 minutes. Once the exchange has been opened, you are usually only in the exchange for the first minute or 2 and then you are done. So you never have any outstanding transactions that you need to worry about.

Forex Trading Facts you need to know before trading

If you want to prevent the 95% losing traders and you want to join the 5% elite making big profits, you need to understand the facts that we're going to look at in this article. Let's look at the facts and why, there is so crucial to enjoying Forex success.

Here are the Forex trading facts you need to know and if you understand them, you are on your way to making big profits in just 30 minutes a day.

Forex trading is a fully learned skill

You don't have to be smart or have a university degree to learn Forex, the basics of trading are easy to learn and you can learn them quickly and it is a fact that you win with a simple trading chart system that is simple follows price promotion. What you have to do to win – is to have the right mindset to make your system profitable – so let's see why it's so crucial to success.

Approve of success

You must control your emotions and most traders cannot do this, if you can, you will not control them and you will lose money. The key to success is to reduce losses and do this quickly. The market will give you a lot of losses, but as long as it is small, you will also get a number of large transactions that will bring you a profit.

However, Forex Trading is not an easy thing …

With the amount of money you can make clear that trading is not easy, but the good news is if you have the right mindset and a logical and simple trading system that you can win.

There is no way to beat the market and no secret shortcut

Many people will tell you that you have defeated the market with a robot, but the market soon teaches these robot wholesalers a lesson and the trader who thinks he is effortlessly on his way to wealth joins 95% of the losing traders .

Effort and work count for nothing in terms of profit

When you start working in most jobs, the more effort or work you do, the more money you earn, but in Forex, this work rule does not apply. Forex trading is about being correct with your market timing and the time spent on trading is not relevant to your trading success. Most successful traders have a plan and simply implement it and do not look beyond it or make it complicated.

Final words

If you understand the above facts, you will understand why most traders do not make money and how you can.

Forex Interval Trading System Review – What is included in the Forex Interval Trading System?

More traders than ever trade in Forex nowadays, but the truth is that only 5% of Forex traders are profitable.

So there is a real question for Forex traders to learn how to trade currency pairs manually, instead of relying on Forex trading robot systems that they don't understand.

Who is the Forex Interval Trading System for?

Successful long-term Forex trading depends on the trader to evolve with the market, with trading techniques, Money & Position Management and Trader Mindset.

Experienced Forex Trader, Scott Downing developed the Forex Interval Trading System home study to teach currency traders how to trade successfully in the Forex market. The home study has been developed with both beginners and advanced traders in mind, with a simple self-study to introduce newcomers to forex trading, and moving on to more advanced content for the more knowledgeable forex traders.

In-depth Forex trading video & # 39; s

The Forex Fit system includes training videos, which give an introduction to the Forex Markets, to more advanced topics such as the FIT system itself, Money management and Trader Mindset.

Capture the BigTrends

The Forex Interval Trading System has easy-to-follow technical settings and confirmation criteria to help traders identify and record the big trends that can yield hundreds of pips. Scott also learns methods to make a profit along the way and ultimately to tell the trader when to leave.

Analyze and place transactions in less than 5 minutes

The home study of the Forex FIT system promises to discover methods that allow you to analyze and place & # 39; high probability & # 39; transactions in less than 5 minutes. So if this sounds good, then this Forex Interval trading system might be for you.

Do real estate wholesalers have to accept Bitcoin?

Bitcoin is hot. Do investors who sell real estate therefore have to accept bitcoins in a hurry or is it another big pitfall to avoid?

The buzz about bitcoins only seems to be growing, just as the virtual currency increases in value. So what are the real pros and cons of trading in this digital currency for those wholesalers? Is it a must-have or should you avoid it?

There are actually many benefits of including bitcoins in business for those wholesale items.

This includes:

· Make it easier for more individuals to buy from and invest with you

· Cashing in on the dramatic rise in the bitcoin price

· Increased press, brand visibility and viral spread

· Attention from technically skilled investors and buyers

Of course, many CEOs and wholesalers simply discover what bitcoin is all about. Unfortunately, much of this is in the form of negative media surrounding the recent closure of Silk Road, the arrest of Charlie Shrem, and a mega-million dollar bitcoin seizure.

On the positive side, those who have followed this news will be aware that all of this had little to do with the use of bitcoins, and all with the illegal activities that were bought and sold. The fact that the government reportedly sells the digital coins it has swept makes bitcoin legitimate.

It becomes very easy to accept bitcoin, and more and more companies in different industries are taking over. Right now there is a great opportunity to ride on the coattails of the currency and hit on it. For many, it could be their best marketing move of the year, and really help launch their businesses to the next level. Of course this is not a long-standing door or opportunity. We have it weeks and months before the novelty disappears and everyone does it.

However, there are some critical considerations to keep in mind. Many prefer to issue and accept bitcoins for privacy. Although Bitcoin Magazine reports that 90% of existing people are being hoarded, there is a potential for large fluctuations.

In the past year, this has worked to the advantage of bitcoin owners and miners. Coins that were only worth a few or several hundred dollars a year ago are currently being traded for hundreds and tens of thousands of dollars. Due to the limited number of people she holds, there is a lot of control in a few hands.

So recognize the value of using it in wholesale buildings, but think about the consequences of holding too much in virtual money.

Ten tips for investing in cryptocurrency

Cryptocurrency is the newest trend in the money market that contains the elements of computer science and mathematical theory. The primary function is to secure communication while converting readable information into an unbreakable code. You can track your purchases and transfers with cryptocurrency. Below are the top ten tips for investors to invest in cryptocurrency.

  1. It is just like investing in commodities:

Investing in cryptocurrency is just like investing in other commodities. It has two faces – it can be used as an asset or as an investment that you can sell and trade.

  1. Buy Bitcoin directly:

Buy Bitcoins directly if you do not want to pay the investment fee or if you are interested in owning real Bitcoins. There are many options around the world, including Bitcoin.de, BitFinex and BitFlyer from which you can buy Bitcoins directly.

  1. Only an absolute minority uses cryptocurrency:

Nowadays, Bitcoin is the most common cryptocurrency in the investment world. In the United States, only 24% of adults know about this and, surprisingly, only 2% of Americans use it. It is good news for the financial investors, because the low use represents a fruitful investment for the future.

  1. The use is growing:

The combined market capitalization of cryptocurrencies is more than 60 billion US dollars. It includes all existing cryptocurrencies, including hundreds of smaller and unknown ones. The real-time use of cryptocurrencies has risen and shows a trend increase.

  1. Use is the most important criteria:

As an investor, use must be the key for you. The supply and demand data of cryptocurrencies currently offer a considerable investment opportunity. There is a strong use of the & # 39; s currency to facilitate payments between financial institutions and thus meaningfully reducing transaction costs.

  1. The market cycle:

The cryptocurrency market is currently in euphoria. It is the point where the investment may not seem like a golden opportunity to you, but the values ​​will go higher from here. Companies, governments and society around the world will soon consider cryptocurrencies.

  1. It will solve problems for you:

Money is to solve problems, and that also applies to the cryptocurrency. The bigger problem it solves, the higher the potential value it gets. The sweet spot for owning cryptocurrency is that it provides access to money and basic banking functions, including payment and wiring.

  1. Crypto to Money:

Nowadays, cryptocurrencies can be exchanged for conventional paper money. That is why the lock-in risk that existed some time ago has now disappeared.

  1. Create your portfolio:

Because cryptocurrencies are interchangeable, they have become a different way to build your portfolio. You can now save cash in the form of crypto and exchange it for cash at any time if you need traditional money.

  1. Read the right sources:

& # 39; Everyone and his uncle & # 39; become a guru during every hype. Be very skeptical when selecting reading sources and people who make cryptocurrency investments.