dbelov275

Actually, there is no specific time to master trade. As a matter of fact, you keep learning by the day even though you know how to trade already. But it normally takes an average of 1- 2 years to master it. Experience often does the magic. The more you trade, the better you become.

start small, go big. Trading isn't for the rich buddy. So long as you are consistent and you trade wisely, you will go big. Cos the motive i to build wealth over time.

Well, as a beginner, maybe you want to try out Robinhood. It is quite cheap or should I say free. But be sure to do a virtual trading before diving straight into the market.

How Scam Brokers Make Money The ways that scam binary options brokers make money are a few ways. In order to provide a facade that they are legitimate, they offer to help you make money. The will get your permission to trade on your behalf, and manipulate the software so that your trades are winners. The broker will give you an automatic bonus, thereby locking up your deposited funds so that you cannot withdraw it. They will place unauthorized charges on your credit card. The broker will become your best friend to build up your trust and get you to deposit $10,000. Everything will seem fine and good with the broker until you ask to withdraw your money, and then the problems start. Withdrawing money from an unlicensed and shady broker is almost impossible. Since they are not a bank, you cannot automatically withdraw your money. All withdrawals are processed manually by a clerk. In the event that you did not receive a bonus, and you are eligible to withdraw your cash, they make the process difficult. They start asking for a ton of verification paperwork. The salesman gets on the phone and starts pitching you to deposit more money for an unbelievable trading opportunity.

It is no news that the way Binary Brokers make their money is simply keeping the money of traders who lost. A report was put out last year with data from binary options trader in Japan showing that 85% of traders lose their money! That means that it is very profitable to be a binary options broker. There is still that 15% of traders, who manage to take money out of the broker.

Just some tips on investing that I thought made be useful to someone. 1) Never buy when market is reaching new heights, in early january and in the next few months when market is reaching new heights one another day, all the analyst were predicting market to reach 32k and more considering all the good news floating in the market(though it was floated). By now slowly few of them has set the target as around 27k on an average by year end, considering all the bad news because of quarter results. So next lesson is 2) Never blindly follow all analysts. 3) Buying stocks on analysts call, can also be a danger. An experience is with Havells India, it has vibrant range of products, was advertised well, with projected real estate and infrastructure growht in India it was said to do well and slowly stock price was doing good and crossed 330. Suddenly it was brought down to around 280 and slowly it settled at 260, a drop in more than around 30% from its peak just because of some analysts call i believe .I couldnt see any news on that day and by next day i almost sold at loss to recover my capital as some of the analysts has given bearish call that it will settle around 240-250 for a long time. 4) Buy heavily when market is bleeding, set a target for stop loss if it still bleeds. 5) Never fear to sell at loss 6) Try to be invested for more than 2-3 years to get all the benefits of bonus shares and tax benefits.Accumulate during this time if your stock is extremely good. Investing can never be a gamble as you take part in the progress of a company and eventually for the country. Enjoy investing :-)

The reason why I failed in trading when I started was because My motive was initially wrong and my approach was terrible. I wanted to make so much money in a short time so desperately that I lost everything I started with. I approached Forex like a gamble and it cost me. Well, that is behind now.

Thanks for the article. It was refreshing to read. My motive to trade Forex is to make money and build wealth. But I am crazy about it.

Nice one. But how then can someone monitor or properly analyze a stock if one don't spent time watching it? That is basically what I do and i won't call that been obsessed. perhaps I don't understand what you mean by been obsessed.

maybe you would understand better this way. 2 factors: The global slowdown has reduced demand for oil. Most markedly: industry in China is just consuming a LOT less oil, other countries similar. Pick an economics textbook, turn to chapter 1, page 1, “How Supply and Demand Affects Pricing”: less demand means lower prices. Oil producing countries are pumping as fast as they can. The Saudi Oil Minister is quoted as saying “The stone age didn’t end because they ran out of stones”. It is clear that mankind must leave huge quantities of easily accessible oil in the ground if we are to survive. So the Saudis are using their low cost of production to gain market share, it is better to get $20 a barrel now than nothing in a few years. Pick an economics textbook, turn to chapter 1, page 1, “How Supply and Demand Affects Pricing”: more supply means lower prices.

Of course they do. What i explained is simply how demand and supply is affected which in turns affect the price of oil. Demand and supply are the major determinant.

Thank you for such a brilliant write up. It was refreshing while i was reading. About the newbies, that is an obvious mistake they all make. I made that mistake myself and i paid heavily for it. Please, if you may, write something about the common mistakes newbies make. It will be helpful, we have quite a lot here.

I forgot to add, all this simply for a campaign for trump? Simply ridiculous. Trump will not change a thing, he will simply make them worst.

I do not believe that is the case. For so many years OPEC enjoyed a virtual lock on the supply of oil. This also gave them the ability to control prices. This is no longer the case. There are so many rogue nations if you will that are pumping oil with reckless abandon. There is a huge glut in oil above the ground. This is what is causing the price to remain so low. Believe me the nations that have relied on oil for there extravagant lifestyle ( mainly the Arab states ) are desparate for 80 to 100 dollar oil again. As is Venezuela, Nigeria, Mexico and Russia.

High oil prices gives boost for development of oil extraction technologies, making unconventional fields and areas (like offshore an shale oils) profitable. Many small companies started drilling and exploiting these alternative sources mainly from loans. Advancements of automotive industries slowly reduce fuel requirements of car engines, reducing the increase of requirements of transportation sectors worldwide Global warming warnings and their political backing increase capitalisation of renewable sources and reduce dependencies from fossil fuels So new oil sources appeared on the market, meanwhile consumption reduces/stagnated. Biggest producers see the stagnating market and the the new sources, and they had 2 option. Defend the price by reducing oil production (and loosing market share for the new unconventional companies) or defend their market share and supress the new sources by floding the market with their cheaper oil. They choose option 2: Saudi oil flooded market reducing prices greatly. Oil prices drop. Shale oil companies drilled from bank loans, needed payments so they cant stop production or going bankrupt. Other producers (like Russia and venezuela) needed the money comes from their oil production and dont want to reduce this source. The production-consumtion imbalance steadily reduced prices, until it hit the painful level, where even the cheap shale-producers cant sustain their production and stopped the drilling. There we are now. Cheap shale producers need 40–50 $/bbl for profitable production, more difficult fields require 60–80 $/bbl. Conventional fields produce at 10–30 $/bbl. Currently the exploration and exploitation of new fields stopped until prices goes up to make the works profitable again, but shrinking requirement push this date into the farther future