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Day Traders and Free Chat Rooms

Daytrading

Day trading is an excellent way to get on the road to financial independence and boost you out of a terrible, gray-cubed soaked day job. But lots of day traders lose money on their first forays into the market. Not all of them had a free chat room to rely on as a boost to their day trading education. And while the trend in the day trading education industry is moving away from completely free chat rooms to super-discounted chat previews, the value is still there. Free chat rooms are an excellent way for day traders to get involved in…

Finding the Fast Track to Becoming a Financial Analyst

Financial Analyst

Everybody has a calling in life. Some people find it all too easy to pinpoint potential opportunities and problem areas in the day-to-day grind. There is a huge demand for those who can analyze, predict, or otherwise determine the likelihood of specific economic conditions and financial situations occurring. Many of these individuals find their calling in the world of financial analysis. Businesses, NGOs, and the public sector all have a need for financial analysts. How does one go about pursuing a career in this field? Let’s look at the basics of becoming a financial analyst and how you can take…

A History of Binary Options

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  Binary options were first unveiled to the public in 2008. It was at that time that binary options (also referred to as “digital options” by some), made their appearance on the Chicago Board of Exchange as an asset which could be traded. During the same year, the financial markets struggled mightily, as the US mortgage crisis directly and negatively impacted the global markets. These events would play a critical role in the formation of binaries, as traders were seeking different forms of investing that offered lower levels of risk. As a result, binary options were propelled to popularity. What…

5 lesser-known, fail-safe trading strategies 

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Similar to trading stocks, currencies and commodities, binary options traders must learn the use of certain trading strategies to turn the odds on their favour and gain profits in the long term. There are different trading strategies available based on the use of technical analysis as well as fundamental analysis of the underlying assets. While every investor follows his individualstyle of trading, it’s important to choose a strategy which suits his style and trading skills. While some strategies are based on the market news and investor sentiment, some apply the use of statistical market data and technical analysis tools. Breakout…

What Should You Know About Pre-Market Trading?

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Traders tend to take different approaches and strategies. A day trader is someone who’s obviously different in many ways from the typical long-term investor because they’re actively involved in the markets every day, while most long-term investors are advised to avoid looking at their portfolios too often. One of the main strategies employed by a lot of successful day traders is pre-market trading, but it can be a risky and complex strategy, so many people wonder what its advantages are and also what the possible disadvantages are. The following is a rundown of some of the main pros and cons…