FxTrade777’s Top Ten Trading Tips For Gold Investors That Will Save Them A lot of Money

You should not jump right into gold trading, without doing some research. The market moves at a rapid pace and without the proper education, you are going to get burned out in no time.

The Tortoise and the Hare

The hair moved fast and got burned out before he could finish the race. The tortoise moved at a glacier pace and run. The story may be trite, but it does prove a point. Investors need to think long-term and aspire to be the tortoise, not the hare.

1) You will find that gold has a huge daily range that will sometimes prove to be overwhelming. It is not that uncommon to find a daily range of 300-500 pips, 160 pips on a slow day. You need to remember. Learn to expect the unexpected because things will change.

2) The market is ripe with volatility. A piece of gold you are interested in will swing between 50-100 pips in just a few seconds. One order will go from winner to loser in a matter of seconds, as another order does the opposite. Do not make a habit of waiting. Sometimes you need to pounce on something before it closes. You will win and lose, so plan accordingly.

3) Gold has something called a “split personality”. Gold will go from swinging to running within a split second. You need to pay attention to the moves it makes because that is the only way to know.

4) The S/R feature will be a new best friend. Gold respects the system very well. Pay attention to the S/R because that is where a lot of your information will come.

5) You need to wait for a candle close because it is mandatory on everything, especially the entry. The price can and will change as you get down to the wire. Putting all your eggs in one basket because you “think” something will happen is not a good strategy. Investors get burned doing that. Learn from the other casualties, do not become one yourself.

6) Learn about reversal candlestick formations because they are accurate.

7) Gold moves well during most of the day. The only times gold does not bode well is during the last few hours in New York and the first few hours in Asia. Once Toky opens, then gold can be moved and traded. The biggest moves happen during the opening times of New York and London. These are just a point of reference to keep in mind.

8) Did you know that price action is king? Let us use Steven as an example. Steven sees his choice in gold moving strongly after a period of “quite price” action. Steven should consider that a good indication that things are moving in the right direction trade gbp.

9) You need to be accurate at identifying gold in the proper areas. Those who are not will get burned badly. Things like “revenge trading” and “shooting from the hip” are examples of things not to do. Have a plan and stick to it.

10) Gold trading is definitely not for beginners. Those who struggle will eat their lunch and then some. You need to be disciplined and know what you are doing. You need to know how the market works. You should know what percentage the market keeps …

Success Tips Open Business Car Showroom

Competition in today’s dynamic era is getting tighter. We are required to be more creative if we want to win and survive in the competition. Every day, there are always people who managed to create new market opportunities. Stealing consumers in market share with red sea strategy.


Work is not just about serving the company. If you are tired of being an employee bound by rules and can not be free. So the answer is to quickly turn into an entrepreneur and set up your own business as you wish.

Setting up your own business is a working alternative that is currently starting to get a lot of glances. Especially by young people who are tired of the restrictions of work rules that (may) saturate. If you are still confused to want to establish what business, why not try a car showroom business with the following guidelines and tips?

Expand Network Relation

For business, relationships can be the key to success. The wider the relationship you have, the easier it will be to get suppliers and buyers in this car showroom business.

Not only establish relationships with individuals, establish good relationships with banks and finance companies. These two companies are the ones most closely attached to the car showroom business.

f you already have relationships with finance companies that have many branches to remote areas. Work well together. When you are able to demonstrate a qualified business ability, they will not hesitate to provide bonuses in various forms on you.

Enrich Information on Used Cars that you will sell

What is the importance of knowing information about used cars to be sold? Customer relationship! It could be that one day a new consumer will first buy a car and need a reference to what car is right.

Describe the used car products that you sell plus more if you can provide suggestions and tricks will be fruitful. Potential free promotion in the form of good impression spread from word of mouth. If this way, the allocation of funds to advertise any business you can also press.

Try to Get the First Hand Product

This affects the condition of the product you are selling. Of course, you can not expect more profit from this business if you do not get the car from first hand. From here, it begins to see the importance of having wide relationships.

Always Maintain and Improve Quality

Promotions are able to attract new customers to come to your business. But it is quality that keeps consumers from moving to competitors. In selling used car products, you should not accept all used cars that you want to resell.

Pay attention to product quality. This includes the types and brands of cars that consumers target. Never lie to consumers. Say the condition of the product as it is but emphasizes its strength. So consumers want to consider to buy it.

Provide an Inadequate Showroom Space with Strategic Location

To better satisfy consumer buying desires, provide adequate showrooms and strategically located. No need to be too broad but make sure the place is crowded with people passing by. And design with neat and bright in order to attract buyers. Do not forget to keep the tidiness and cleanliness. Because showrooms that look less manicured can only reduce the value and purchasing power in …

The Secrets of Success in Continuing Family Business

More and more young people are entering the business world, including women. Not a few of those who continue the family business and usually have been hereditary. But the task of continuing the legacy business is certainly not easy.

No one wants to see a business that has been painstakingly built up just like that in the hands of future generations. Here are four important things when setting up a family business heir.

Family Business

Founders usually want to see the basic values built from the beginning can be continued

Sustainability is more commonly referred to as a common thread. Thus, the basic value of the common thread must be transfer from generation to generation.

The critical point is to move the baseline values between generations. They do not have to be the same in every generation. It could change because the era has changed. The world has changed, especially when the digital is increasingly widespread. But, the red thread remains the same.

Old generation does not want any change in the basic values

Meanwhile, the new generation does not want to take the grip of the old generation because it is no longer valid. The successor generation should retain the value of a strong company and become a philosophy.

But, the early generations must also want to let go new patterns that are form in accordance with the times. Do not blame each other. There must be a relay that surrenders companies across generations.

Maintaining Communication Between Generations

The next generation must listen to the advice of the previous generation. Meanwhile, the old one must understand how to communicate well.

Experience is a very expensive thing in Family Business

In business, falling-awake is a common thing. However, it is precisely this experience that must be transferring to the next generation. So they understand how difficult it is to start a family business.

The founder should give his daughter a chance to start from the bottom. So, not directly in the top position, although it is not down once. Maybe from a junior manager, then up to medium, and so on. With this pattern, he will get to know the company.

Rotating both vertically and horizontally is also necessary. That way, the heir understands exactly where his interests are. The next generation must also take on the job starting from small things so they will understand how to treat the subordinates.…

How to Grow Your e-Commerce Website

When you are owning your own business, you know how important it is to try to bring in new clients. One of the worst things you can do is to utilize a site that does not have the right type of e-commerce option. This is why you should pop over to this website and find out as much as possible about incorporating this into your own site so that your clients will be able to use it themselves.

Why e-Commerce?

One of the reasons you should consider e-commerce is because of the fact that it helps people when it concerns getting noticed. They will be able to purchase items from your site and know that it is going through in a secure manner. This also protects you as the business owner, so it is something that you are going to find to be highly beneficial in more ways than just one. Be sure to look at the different products on the market so that you can utilize it for yourself.

Getting Help

There are tons of different product options on the market, so you are going to want to consider this if you have dealt with e-commerce issues in the past. Now that you know how important it is for you to make use of this type of software, it’s nice to know that there are lots of products available to you. This is something that will help tremendously and give you the opportunity for you to feel confident in what you’re doing. The software is easy for you to use as well, which is ideal for those who might have never used an e-commerce option and product in the past.

What to Know

These types of programs are effortless to get started and easy to use. This means that even if you are not totally used to using the program, you will find it to be easy and quick for your needs. There are a lot of people who currently look for help, so this is nice to know that there are tons of different products on the market. There are a lot of issues for this type of product, allowing you to find the right one for your own specific needs.

The moment you feel that you can benefit from a program like this, it is important that you take a look at the different products available and see what is available to you. You will then want to buy what you need and then customize it to fit your own specific business practices. This is something you will find to be incredibly beneficial in more ways than just one, so be sure to consider this as an option and know that what you are doing is going to help the overall running of your company no matter what you are considering it for yourself. All of your clients are going to be happy to use this type of program for themselves as well.…

Understanding Leverage in Forex Trading

More and more people are moving into the forex trading market. There are many attractions of this type of trading, not least of all the amount of financial leverage that is available. Here we will look at what leverage is to understand the pros and cons of how it can impact your career as a trader.

 What is Leverage?

Leverage is a loan that a broker offers to a trader who has a forex account with them, which essentially boosts their account by up to as much as 1,000 times what they have in their account. This allows the trader to control a large amount of money with very little capital. The amount that the broker will lend is expressed as a ratio, typically 50:1, 100:1 or 200:1.

How Does Leverage Work

 Leverage of 100:1 means that for $1,000 in your account, you will actually be controlling a $100,000 position. This means that if you invest $100,000 and it grows to $101,000, if you had come up with the entire capital yourself, your profit would be only 1%. However, with 100:1 leverage, only $1,000 of your money was used making your return an impressive 100%.

Leverage as a Double-Edged Sword

Using our example of 100:1 leverage, your return can be significant if the investment rises. However, what would happen if you lost $1,000? Well, the loss would be relative to the gain if the opposite were true and this would mean that you would lose a whopping 100%. For this reason, leverage has become known as a “double-edged sword” or a “two-way street.”

Controlling Leverage

 Because leverage magnifies losses as well as profits, it needs to be controlled. If we look at two traders who each have $10,000 in their account and each have a 100 pips stop loss, but Trader 1 has 50:1 leverage and Trader 2 has 5:1 leverage, the difference in their losses would be significant. After a 100 pip stop loss, Trader 1 would have lost $5,000 (half of his entire account balance), while Trader 2 would have lost $500 and would more easily be able to move on to another trade. The key is to find the right balance for you between your potential profits and losses so that your profits are significant enough to be worthwhile, while your losses are not too significant to prevent you continuing to trade. The amount of leverage to use is individual and depends on many factors. As a general rule, the longer you plan to keep your position open, the smaller your leverage should be. When opening a position that you expect to only last a few minutes or even a few seconds, many people aim for the highest possible leverage available to aim for the highest possible profit over small market fluctuations. In other words, the amount of leverage depends on your trading strategy and how much you can lose.…

How To Keep Your Cool When You’re Being Sued

Being sued can be an incredibly stressful experience. Whether you’re facing criminal or civil charges, odds are that you find yourself worrying about your case quite often. It’s normal to feel anxiety when you’re in the middle of a lawsuit. However, you don’t have to completely lose your cool. While you might not be able to completely rid yourself of worry, you can take some steps to breathe a bit easier. Here are some tips on how you can keep your cool throughout your case.

Communicate With Your Attorney

If you don’t know the answer to a question, it’s easy to start imagining all of the hypothetical outcomes and worry about the worst case scenarios. This is why consistent communication with your attorney is essential. Whether you have a very simple question or a more complex question, ask it as soon as possible. For example, if your attorney suggests a litigation support specialist to serve as an expert witness during your trial, ask about his or her credentials and get more information about what role they’ll play in your court proceedings.

Not only does frequent communication with your attorney help you to keep your cool, but it makes your attorney’s job easier as well. Your lawyer needs all of the information that you have pertaining to your case in order to get you the justice you deserve.

Talk Privately

One of the worst things you can do during a court case is to vent about your situation on social media. If the opposing counsel finds your posts, they can be used against you during your trial. This is a frequent issue in family court proceedings. One party will feel frustrated and get the urge to complain about their spouse on social media. These posts can often come back to bite the person who originally posted them.

It’s normal to have a lot of emotions during a court case. However, avoid venting them on social media. Instead, share feelings privately with someone who you love and trust. If you’re truly feeling a lot of pressure and unhappiness surrounding your trial, consider seeing a mental health professional. Therapists and psychiatrists understand the mental tolls that trials can take on people and can help you to work through your feelings.

If you follow these tips, you can keep your cool during your court proceedings.…

3 Instances Where PayPal will Prove Useful Over Traditional Merchant Accounts and Other PayPal Alternatives

No matter the situation, the chances of having your PayPal account blocked are much higher than when operating a Traditional Merchant Account. This is simply because PayPal doesn’t underwrite. Therefore, if your account means the world to you, it’s time to reconsider solely depending on PayPal- there are several PayPal alternatives. However, below are a few instances where you will find PayPal useful.

When to use PayPal

  • When in the Process of Proving a Business Idea

If you are looking to prove you if your new idea can be a practical business, PayPal is the best way to go. Setting up an account is easy and super fast. Though you may pay a somewhat higher percentage to sort set up charges and transaction fee, the advantage is; you won’t have to pay a monthly fee. With no proof that your concept is workable, you can’t be sure if the business will be operational in the next month or if you may want to modify the model of your business. Such situations will work to your advantage if you don’t have a contract that all other merchant accounts have.

  • As a supplementary payment method

PayPal may also prove useful to your small as well as established company, especially when there is need to attract a group of people abandoning your shopping cart. Also, it may be used to serve the portion that won’t purchase if they can’t use PayPal. However, this will depend on the type of market your business is targeting- it is important to think of it before implementing to ensure PayPal will add to the number of buyers in your shopping cart. Even retailers can use PayPal as an alternative method of payment to their Traditional Merchant account for consumers who may wish to use it.

  • When you are making low Sales

If your business is just picking up and your sales are below 10,000 per month, there is no need to spend time and energy protecting your business with a traditional merchant account. Also, there are fewer chances of an Aggregator flagging your account as opposed to when you have 100k or more- which will come with many liabilities especially if your business is considered high-risk.

While PayPal is lately under a lot of criticism, you may want to use it to your advantage, especially in the above cases. Also because it is the most common method of online payment- you may be losing many potential buyers.…