For newcomers to trading forex, the concept of leverage is one that excites them greatly. That is because they can access higher amounts of capital to maximize their profits!
Well, that’s the idea, anyway.
Of course, trading forex isn’t always straightforward, and unforeseen changes in the market can lead to losses – which are exacerbated when trading with leverage.
There are pros and cons to leveraged trading. In this article, we will take you through everything you need to know about leverage when trading forex.
What is leverage?
If you are entirely new to forex …
If you’ve spent a long time trying to clear your bad credit, you’ll have a good idea of how long it might take to build up a good line of credit. It will take time, and you could easily fall into more debt if you’re not careful, but the results are worth the effort. A good credit score will help you get a good interest rate on your mortgage, loan repayments, and you can avoid security deposits on utilities. Here are a few suggestions to help you start building that …
Onboarding is a critical process for both the new hires and your organization. When done in the right way, your new employees can adapt quickly. They can become part of the team faster, and this will translate to productivity. Most business owners don’t know this, but a poor onboarding process is likely to lead to high employee turnover. This is a problem that can be expensive for your business!
Well, one way to improve the process is to use onboarding software. There are tools that can make the process quick, simple, …
Stock prices rise and fall based on a multitude of external factors. While independent catalysts like the release of a new product might increase a single company’s stock value, market-wide factors like widespread job loss can affect many companies. Volatility is part of the stock market, for better or for worse. However, investors can make choices about the types of companies and types of stocks in which they invest, which can help cushion some of the pain of a market downswing.
If you’re looking to invest in stocks that should perform …
Investors can make money on the stock market through a variety of different types of funds, stocks, and styles of trading. Options trading is one of the more complicated types of stock trading, but it can yield huge rewards. When learning how to trade options, it’s invaluable that you understand a few specific terms like ask, bid, and bid-ask spread.
What Is Options Trading?
Options trading is more complicated than traditional stock trading. Normally, an investor purchases stock shares at a set price, holds them for as long as they wish, and …
According to experts, there are 171,300 tonnes of gold left in the world.
If you have some of that gold that’s left, you may be wondering whether or not you should keep it or sell it for some extra cash.
If you do decide to sell it, selling some of your gold jewelry can be a good way to go about it. Learn how to sell gold with these practical tips.
1. Know the Value of Your Gold
One thing you should make sure of is that you know the value of your gold. …
Setting up your own business is a daunting task at any time, now made even more difficult thanks to the Covid-19 pandemic and the resulting economic lockdown. As well as the Paycheck Protection Program designed to help businesses keep their workforce employed during this crisis, there are other loans available. To help you make sense of it all, here are four business loans that your enterprise could be eligible for.
Small Business Administration Loan
Although not technically a loan, a small business administration loan (SBA) will help your small business (defined as …
Do you have urgent bills to settle but your savings are nearly depleted? Do you have an old car that you are meaning to sell for a long time?
Then you may want to consider pawning your vehicle.
Though not too many Americans pawn their vehicles when they need money, it is still one of those items that yield substantial amounts of money. Furthermore, pawning your vehicle’s title is one of the fastest ways to make quick cash.
But the question is do you know how to pawn a vehicle? Do you know …
It is human tendency to opt and look for progressive options – a bigger house, a better car, a lucrative investment, etc. Life will come to a standstill if you do not look at the better things that you could have.
Such is the case with home loan transfer too. In this article, we will discuss what a home loan transfer is, and when should you consider doing one.
Home loan transfer, and how is it done?
Home loan transfer taking over your outstanding amount to a new lender. Generally, home loan transfer …
A good mortgage broker can save you time and money will greatly reduce the stress of buying a home.
Not all mortgage brokers are created equal, so it’s important to choose one who is not only good at their job but also a great fit for you and your situation. While choosing the perfect mortgage broker may seem like an impossible task, there are a few tips you can use to make the process easier.
If you’ve been wondering how to choose a broker, here are 6 tips to get you started.
1. …
There’s no denying that the coronavirus pandemic has taken everyone by surprise. The recent changes implemented to reduce the spread have changed everyday life for the unforeseeable future. With many businesses being forced to close their doors and lay off thousands of workers, households across the country are also suffering financially.
It is during these uncertain times that making wise financial decisions matter most. Making it through this pandemic will, without a doubt, be difficult, but with effective financial planning, it is possible. Below is some advice worth considering to prepare:
Prioritize …
The world today is a complex mix of systems that enable the performance of daily activities. These systems, which include a lot of administrative and regulatory ones, every now and again have to be enforced or protected. This is usually because ordinarily, the general public will not always want to willingly submit to them because of their far reaching consequences.
However, the fact that the consequences of these activities are far reaching, in that it affects and directs how almost everyone in the society should function, does not mean that its …
Approximately 90.3 million vehicles were sold worldwide last year. If you plan on selling your old car and buying a new one, it helps to have a plan in place first. Otherwise, you could end up spending more than intended.
By learning how to save money for a car beforehand, you can buy a car without breaking the bank. Otherwise, a talented salesperson might end up taking you for a ride—and blowing your budget.
Here are the best ways to save for a car. With these tips, you can buy your new …
Depending on the state of the economy, millions of US citizens may file for bankruptcy in any given year. While filings have been low since the 2008 housing crisis, given current events, we’re likely to see a surge in bankruptcy filings in 2020 and beyond.
If you’re asking yourself “should I file bankruptcy?” but you’re not sure if doing so is the right move, we advise that you hold on filing and to continue reading. Read on to learn everything you need to know about bankruptcy and its repercussions to help …
There are many attractive advantages of trading online CFDs so more people move towards it every single month. However, in order to trade CFDs, you need to choose a broker. This is not as easy as it seems because of the numerous ones that exist on the market right now. Due to this, to make the choice easier for you, here are the most important things to consider when you want to select a CFD broker.
Charges
Similarly to the Forex brokers, a CFD broker imposes a spread on market prices. As …
Being a property manager is a rewarding career, especially from a financial perspective. The average salary is $48,967 annually. From advertising a real estate property to screening possible tenants, the duties are diverse. If you want to become an effective and successful property manager, keep on reading and we’ll share some habits that you need to adapt.
They Do Not Stop Learning
The best property managers are humble enough to admit that they have a lot of things to learn. With this, they take advantage of every opportunity to enhance their …
Did you know that damages from flood losses in the United States have increased to an average of $10 billion per year? Flood insurance is essential no matter what part of the United States you live in, and you need to find the best flood insurance that will protect your home.
Between federal and private insurance companies, you have options and looking at every aspect, from what your risk level is to the possessions in your home. Keep reading to learn more about your flood insurance options and which will protect …
Crowdfunding and Peer to Peer lending are two modern-day ways for an individual to develop their investment portfolio. Peer to Peer lending began in the early 2000s in the UK, with equity crowdfunding following suit in the early 2010s.
We asked Kuflink’s Investor Relations team to give an overview of these two tech-driven investment avenues, noting key similarities and differences.
What is Peer to Peer Lending?
Peer to Peer platforms are known as one of the best online investment options out there. Peer to Peer lending platforms pair up willing lenders (or investors) …
The coronavirus is wreaking havoc on the economy, and a record number of people are facing unemployment. 13% of Americans are currently unemployed, and those figures are only expected to rise in the coming months.
There is so much financial uncertainty, and you may be wondering how you can make a living online.
There are a lot of ways to make cash online, and many people are able to use the internet to make a steady income.
We compiled a list of our favorite ways to make a living online. Keep reading to …
Starting a new business comes with a wide host of challenges and hurdles. The first and foremost challenge is to secure funding, which can be burdensome in any economic landscape. Whether you seek funds to invest in a startup or require capital to breeze through challenging times. Securing funding is more difficult than ever.
Even though the financing and lending market has welcomed a wide array of new products and funding solutions, each loan product comes with strings attached, hidden costs and burgeoning interest rates. However, research is a dynamic tool …
Running a business online, also known as an e-commerce business, has many similarities to running an offline business. Of course, there are a few key differences as well. Keep reading to learn some tips when it comes to running a successful e-commerce business.
Decide What to Sell
Before you should even build a website, you need to lay down a foundation for your e-commerce business. As with any in-store business, it’s best to know what you plan on selling. Are you going to sell all sorts of little things or are you …