Here Is A Great Way To Increase Your Income!

Here Is A Great Way To Increase Your Income!


Have you sometimes felt the need to be able to earn a little more?

We all have been there! Some of the other time!!

I have been there so often that at times I have felt hopeless to myself. I have been gnawing at the idea of somehow being able to create a corpus on which I could have depended in my leanest of times.

I found myself freelancing jobs and gigs but I realized that after a hard day at the desk job, I was burning away with more physical labor.

There was something in me that wanted to break away from the monotony.

Let me confess that I was in dire straits and a little more money could have made all the difference.

That is when online trading happened to me:

I had heard stories of trading going awry for my colleagues and I was dead scared of taking it up. Yet in my heart, I felt it was something that I must give a try even if I find out later that it didn’t work for me either. Not trying it would have meant a bigger failure.

So, mustering all the courage that I could manage and scraping all my savings, I ended up opening a trading account on much popular trading software called QProfit System.

I had only reconciled to the idea of a trading account!

Within no time, my bank account was linked with my trading account, I was assigned an offshore but regulated and licensed broker and the next minute I knew I was trading away.

I made a good closing balance that day and was hoping for the best

The next morning, I lost a few trades but again towards the end of the day made a good profit so I was assured again. This kept happening for a few days in a row.

What I did not quite realize was that drop by drop my account was swelling. Even the daily profits seemed negligible, the end result was fantastic. I decided to withdraw anything excess of $250 in my trading account.

The customer service simply floored me!

The withdrawal was as smooth as the trading itself. It took less than 24 hours for the process and when I received a message from the bank that my account was credited I was not just surprised but jumping in joy.

I had finally found my calling. I never made a mistake of making trading my full-time preoccupation because I know trading is fraught with immense risk. Investing only so much that you can afford to lose is the rule of the game that we need to play by.


This Is Why I Prefer To Trade Online!

This Is Why I Prefer To Trade Online!


I cannot categorize myself as a Nine to five-person anymore!

One thing is for sure, even though I was great at academics, I was always aware that I need not want to be in a straight jacket profession where my only job would be heat my seat for eight hours straight and then look forward to nothing except a fat paycheck.

It could mean a lot to other people but not me!

Education for me meant that I am able to have my own freedom to be able to work when I want to and not because I need to!

It was a revolutionary idea back then and I was not very sure if I would succeed in living life on the edge but hey we had to try! Someone had to try!!

Software trading happened by chance:

I am a creative person by nature and I wanted to be up in the mountains painting away my day. But I was as much aware that to be able to afford even the minimalistic of pleasures, one had to be able to earn even a wee bit. I wanted that freedom to work in the environment that I found my fun that day.

Trading online is the best thing that I could think of!

I had been on the research for a long time and I had a list of the software that I believed were class apart and those that I needed to open a trading account with.

Just before I took my art lessons, I had graduated in finance and business statistics and the course helped immensely to understand how trading worked.

It is not rocket science though!

A trader who is beginning to trade does not need fancy degrees to understand how it is conducted. What he needs is sustaining interest and undeterred aptitude. Learning to trade online is as easy as ABC. A trader can even log on to the Demo accounts on the various software and learn how to trade with faux money.

Trading on a demo account is an exercise in confidence:

Once the trader is confident that he has learned the ropes of the trade, all he has to do is to log on the software of his choice, enter his bank details and affect a transfer. In moments, the amount will be credited in a trading account and before he knows it he would be receiving trade signals on his account and happily profiteering.

Thousands of traders have made their fortune here; when will you?!!


Risks In Forex Trading

Risks In Forex Trading

Forex trading is a huge market, though unlike the normal trading market investors do not have to go through thousands of options to choose the right stock option. Forex trading majorly deals in very few selected currencies, but the risks involved can be the same as those of any other trading markets. Forex trading involves buying, selling and exchange of currencies in the form of foreign exchange swaps, currency swaps, spot transactions, forwards, and options. The foreign exchange involves leverage of huge amount of money and hence there is a possibility of extraordinary profits or massive losses. Below are a few of risks in trading of foreign currencies.

1) Political Risks: Currency of any country is affected by events happening in the country. Many big and small elections keep happening within countries causing ups and downs in the currency rate. The countries political situation can be unstable during the election phase affecting the currency in turn. Whenever trading in forex it is recommended to keep a watch on the political changes within the country so you are not surprised by the outcome of elections and are ready to face the changes it brings in the exchange rate.

2) Credit Risk: When dealing in forex trading it is important to hire a reputed Forex broker as there is a possibility of Credit risk, where one party is unable to pay the other party because of bankruptcy. Hence, it is important to choose the accurate Forex broker and also keep yourself updated about scams happening in Forex trading. Click here to know more about it.

3) Leverage Risk: When trading in Forex, the investors need to put in a small initial amount known as Margin. Price variations can result in putting additional margin amount. This is more frequent when the market is volatile, higher leverage amounts can result in huge losses in the initial investment amounts.

4) Transaction Risk: Forex trading is an exchange between the currencies of different countries. These exchange transactions usually take at least 24 hours to complete. The currency market is highly volatile so there is a possibility that the rate of exchange is changed before the transaction is complete. Sometimes this may incur a huge loss in the exchange.

5) Country Risk: Though Forex trading usually works in eight major currencies, the investors can still select to exchange the currencies from other countries too. While doing this it is important to consider the economic stability of the country. Usually, all the currencies are linked to the leading currency in the market like the US dollar. The internal changes in countries politics or financial situations might affect its exchange rate.

Learning about money market

Learning about money market

The money market is the place where all the financial instruments with short-term maturities and high liquidity are traded.  This market is filled with those participants who want to borrow or lend for a short-term wherein the maturity date will range from one day to one year.  The commonly used money market instruments are a certificate of deposits, banker’s acceptance, treasury bills, municipal notes, commercial paper, etc. it is quite different from currency market or any other market.  In the currency market or digital currency market, one can earn quick money very easily by trading online in different currencies.

Participants of the money market

The participants of this money market include banks or financial institutions which lends to each other, large corporations that raise funds through the selling of commercial paper in the market, investors who buy bank commercial deposits as a means to park their funds safely for a short period.

In order to buy the treasury bills, only the primary dealers have the accessibility to buy directly from them. The individuals have to approach the dealers if they wish to invest in these bills.

Capital market Vs money market

The money market is different from the capital market. In the capital market, only the purchase and sale of long-term financial instruments takes place.  Here both the debt instruments and equity instruments are transacted. The organizations opt for participating in the capital market whenever they are in need of the huge amount of money for a long-term period. The purpose of choosing the capital market will be to fund their expansion or a new business venture whereas in money market the organizations will approach to raise fund to meet some immediate requirement or to meet the working capital requirement. They will aim at repaying the amount in a short period as they don’t want to have a long-term responsibility.

People who are less tolerant to risk will opt to invest in the money market as it is considered as one of the safest and secure ways to protect their funds while in the capital market only people who are ready to take up risk will participate. It gives a high rate of return to the money invested. But the rate of interest in money market instruments compared to capital market is quite less.

The decision to invest in a money market or capital market purely depends from individual to individual. Whichever the options one chooses, you need to keep a regular check on the funds after it is invested.






Things Successful Forex Traders Understand

Things Successful Forex Traders Understand

Forex trading or currency exchange might sound simple as to exchange currency of one country with the other countries currency. But in reality, it is much complicated and has many risks involved. There are many investors who have lost a significant amount of money in forex trading. In this article, we will see a few tips that the successful forex traders implement in order to prevent huge losses.

1) Single currency pair at a time: Forex market is huge with a lot of events happening that triggers the currency rate changes. For a new forex trader, it might be difficult to focus on various currencies relations; hence to start with it is recommended to focus on one currency pair at a time. You can choose any two currencies to exchange based on your knowledge about these currencies and events that may bring in a change in the exchange rate. Best to start with our home currencies, if not, choose any two major currencies that can be converted easily.

2) Forex trading is about probabilities: The currency value keeps changing almost every day affecting the rate of exchange between two currencies. There can be various factors affecting the exchange rate based on the events happening in the particular countries and the global financial market. There is no straightforward formula or calculation that can be used to make a profit through these exchanges. Hence, it is important to calculate the risks before investing in foreign exchange.

3) Forex Broker: As in any other type of trading it is important to have additional help from market experts. Just because foreign exchange sounds simple, do not rely on just one source of information but keep yourself updated with the current events happening globally. Choose the Forex broker carefully and work with his suggestions. Click here to know more about Forex Trading.

4) Account type and leverage ratio: As it is important to choose the right broker, it is important to choose your Forex account type. It is recommended to choose the account package that suits our expectations and understanding of forex. The brokers usually have a variety of account types with different leverages. But it is advisable to choose accounts with low leverage. Beginners should do a complete research and understand the forex trading by starting with mini accounts. Once you understand the Forex trading concepts and working of leverage you can convert yourself to higher accounts. In short, lower the risk you take higher the chances for getting returns.

A structured and well-planned approach towards the trading can help you incur good returns in Forex trading.


Auto trading robots for novice and experienced users

Auto trading robots for novice and experienced users

The investment fields are changing constantly every now and then. It is expected that we also take the necessary changes if we really have to reap success out of sheer investment in the forex market and cryptocurrency market as well. Many novice investors fall as victims to the endless scams that are now visible in an online platform for that matter. As it is very much user – friendly and any person can access it from anywhere it has brought innumerable people participating in the operations and making us hard to find what is wrong and what is right. This has left the industries and specific people undetected. Choosing the best robot after active research can get you the best trading experience throughout our life.

How are forex robots useful for all kinds of people?

Forex robots are created with the purpose of optimizing the outcomes and enriching the investment experience. They are very special because they work from the background. Without having any basic skill or the experience in trading, we can make good analysis one can rely completely on the working of the forex robots for their investment profits. They can trade on our behalf. That is the reason it is heavily used by novice users. For the experienced traders, it provides additional features that help them change their strategies whenever required. The professionals can alter their investment decisions based on the robot’s smart analysis. The accuracy rate reached for these robots are best compared to all the different solutions that are suggested for people new to the trading experience. These companies have associated with world-class brokers from different parts of the world to provide skilled decisions in time and again.

These auto trading robots have become a trending reality after enormous research. The creators have considered all possibilities that get you a real-time experience that is worth investing. The joining procedure for the forex robots also is very simple. It is completely free to get the license to trade. We will have to fund the account initially to start trading. The customer support team that is oriented towards every robot works round the clock to provide any kind of assistance at any time. Invest with the right robot that will be flexible for your needs and start trading heavily. However, plan your strategies well for a safe and secure future.

Why should alternative investments find a place in your investment portfolio?

Why should alternative investments find a place in your investment portfolio?

A well-balanced investment portfolio confers peace of mind. It ensures that you have covered all your bases and even in the eventuality that one investment is a bad choice you will not land on hard ground but will have some cushioning effect from the other options in your portfolio. That brings us to alternative investments.

What are alternative investments?

Stocks, bonds and cash are considered to be the traditional and conventional forms of investment while commodities, derivatives, hedge funds, and private equity are considered to be alternative investments. The latest to join this section are cryptocurrencies and more specifically bitcoin.

In fact, many investment gurus advise people to allocate at least 5-10 % of their investment portfolio to alternative investments for a safe retirement.

Advantages of alternative investments

Besides tax benefits, the following reasons make alternative investments a must-have in your portfolio.

  1. Can withstand the market volatility: When you invest in assets that have little or no relation to the market condition you are providing a cushion for yourself from the instability rampant in the market. A volatile market creates panic in investors and they react hastily leading to further turbulence in the market. But alternatives are natural hedges and unaffected by these myopic investors.
  2. Transaction costs are low: Traditional stocks and bonds have high turnovers and hence the traditions costs are also very high but with alternative investment even though the upfront fees are high they are not riddled by high transaction costs.

Bitcoin as an alternative investment

Despite being volatile bitcoin has become a favorite of the masses because it is having a wonderful journey and the prices are picking up again. The advantage bitcoin has over the more “traditional” alternative like gold and hedge funds are that it can rises really quickly and especially those who have remained patient throughout the tumultuous journey of bitcoin has reaped the price of their faith and their investments have not sunk or just floated but have emerged strong and tall.

In comparison, gold takes unusually long to show a positive trend and hedge funds have to deal with other parameters to bounce back. In fact, there are a few hedge funds which have included bitcoin in their portfolio which is reason enough to give this crypto its due.

You can make hay when the sun shines too buy checking out any of the automated trading robots dealing in cryptocurrencies available online. Like always, though make a wise decision only after reading a review here.


Don’t Be Afraid Of Technology In Trading

Don’t Be Afraid Of Technology In Trading

Technology has transformed trading and business like never before. Businesses and enterprises are constantly needing to upgrade their services to keep in tune with the times. Initially, they had to upgrade to accommodate credit cards and debit cards. The whole process is not easy and it involves transaction fees that the merchant has to pay the service provider. He did it in the hope that he can reach more customers and improve his business.

Now is again the time for a change. We have reached a stage where businesses have to upgrade their payment system to accommodate bitcoin and other cryptocurrencies. Now is the opportunity to go beyond geographical borders and reach customers across the globe. Only when any business adopts technology can it hope to progress.

Bitcoin robots

While businesses are gearing up for the bitcoin payment system on a personal level people are slowly adding cryptos to their investment portfolios and one easy way of doing it is by investing in online forex trading robots.

While it is natural to ask if these bots are a scam more so if you have been a victim of a scam, you will tread carefully every time you see something too good to be true. While that is the best attitude to adopt you must realize that there are times when all that glitters is actually gold.


Tips to avoid scams

  1. Do not even glance at trading robots that are not attached to any trading site because all online trading requires APIs and authentic trading sites. Scam sites look genuine with promises of great returns but they lack connection to real trading sites.
  2. You can never read enough on trading robots of your choice. Read everything – reviews, customer testimonials, news articles, scam reports on the trading robot before you take the plunge. Before you download you must know everything about the software to ensure that you are safe.

Online trading robots are a great place to begin trading in cryptos which will soon play a major role in our everyday lives. Due to the increasing number of scams world over governments are trying to regulate Bitcoin transactions and bitcoin exchanges. Maybe with government regulation, the crypto might not be alluring to those who use it for nefarious purposes but for the layman, it will be a relief from scams.


If you want to know more about authentic trading robots continue reading here.


Parting thoughts

Technology and trading are so intricately interwoven in the present times that every change in one will trigger a response in the other- positive or negative only time will tell.


Tips To Manage Risks In The Commodity Market

Tips To Manage Risks In The Commodity Market

Commodity Market is considered as one of the uncertain markets in the trading world. They can provide a significant profit when traded in the correct opportunity window by following tips and suggestions from the experts. Commodities like food articles including wheat, rice, and the oils are always in demand even if there is a crisis in the financial world. The commodity market is a volatile market making it risky for investors but also it provides a lot of chances to incur profit with the price movements.

Investors can generate profit if they follow some basic risk management process. In this article, we will focus on noting down a few tips that investors can follow to manage price risks in the commodity market.

Tips to manage the risks:

The frequent price changes in commodity market offer a chance to some investors to make profits but can result in bad outcomes for others. When investing in commodity markets it is very essential to keep in mind a few points.

1) Risk Analysis: Using analytics techniques like Earnings at Risk and Cash Flow at Risk can be used to understand the price changes in the commodity market. Risk Analysis, when used properly, can benefit the investors in many ways.

2) Trading in your comfort zone: Trading needs a lot of patience waiting for the perfect opportunity to gain profit. Trading within your comfort zone is one of the important tips to follow. One cannot be overconfident about how the market is going to turn, so trading with commodities we know is a better option.

3) Explore natural hedges: Price change in commodity market can be influenced by or correlated to other financial assets. Like the US dollar and oil prices can be correlated with each other. Though it is difficult to understand these temporary correlations, studying their impact on the commodity market can help investors. Reading informational websites with information on the market scams and other trading markets gives investors a clear idea of market position.

4) Seeking expert opinion: Trading in commodity market needs a lot of guidance and study. The time frame to make a profit in commodity market can be very small and so without expert advice or help it is possible to miss the window. The market study can help investors understand the risks and possibilities in commodity markets.  A new trader in the commodity market can make use of these tips before investing.

A Better Knowhow On The Course Of Audit Planning

A Better Knowhow On The Course Of Audit Planning

It is mandatory for an auditor to pre-plan his work so as to effectively conduct his job. He should acquire a thorough knowledge of the working status of the client’s venture and should plan accordingly to cover the related major operational areas like

  • The client’s way of dealing with their financial accounts, about the strategies they follow and also regarding the internal control measures adopted for making records.
  • Moreover, the auditor must be able to proficiently deal with the level of reliability placed on the internal faculty control of the organization.
  • Further, one should be able to predetermine certain parameters like the quality characteristics, timing and the duration of the auditing process to be conducted.
  • Apart from all these, the most important process involves the capability of coordinating things in a dedicated manner. Sometimes there arises a condition of revising the contents and procedures during the course of the audit. One should be efficiently deal with such unexpected things too.

The law and regulation act of auditors have issued reliable principles regarding the planning scheme to be carried out during the auditing session. This includes

  • Making an overall plan which includes deciding the time and details of the audit.
  • Working out the programme for the required clarities that can aid the effectiveness of the auditing process.

There are also unexpected situations where the whole auditing process goes for a revision and those reasons also need to documented to make the auditing complete.

The major objectives behind planning

The strategy planning always helps to

  • Devote time to analyze and sort out the valuable sections contained in the audit
  • Clearly, pinpoint the potential problems that require an immediate solution
  • Confirm the timely completion of the accounting and documentation work
  • Synchronize the works of both the auditors and other experts that leads to good auditing

The auditor also put his previous experience while working with the clients and the knowledge of the client’s business environment. The auditor may also choose to discuss business and financial prospects with the respective clients in order to make the auditing procedures simpler and thereby saves time. However, the all-around audit planning along with audit programming remains as the auditor’s concern.

Planning parameters

While planning for an audit, the auditor should regard the following features

  • The convolution of the audit
  • The working environment of the business
  • The prior experience with the client