Gambler vs Trader: Lottery or Forex Trading?

Gambler vs Trader: Lottery or Forex Trading?

Gambling is a very popular activity for millions of people around the world. These days a gambler can Darryl Sittler Youth Jerseys have a crazy and hard dilemma where to spend or invest his money in order to win more. There are hundreds of online gambling opportunities like sports betting, casinos, lotteries, poker and for many also forex trading.

Don’t you have the time to Authentic Lanny McDonald Jerseys learn how to trade?

Not a problem, still you can profit from forex market. Simple join one of two biggest forex social investing networks [eafl id=258 name=”eToro” text=”eToro”] or [eafl id=300 name=”Avatrade” text=”Avatrade”] and follow some of the best forex traders.

Today we would like to compare 2 from above list: Lottery and forex Trading

1) Lottery

120x60_thelotterLotteries can make you extremely rich overnight. Richest lotteries of the world like EuroMillions or american PowerBall can offer huge jackpots in size of $101 million or more.

But you need to be really lucky to win such  jackpot. For example: in richest european lottery EuroMillions your odds of winning Jackpot are 1 in 115,551,900.

However, we never know when and where the luck strikes and so you can give it a try, choose from Auston Matthews Jerseys richest lottos of this planet and buy your lucky ticket online.

2) Forex Trading

Many forex traders especially beginners behave like gamblers or they fill like if they are gambling. not understanding how to trade can create that feeling. But as we mentioned above. Lotteries are pure luck games, On the other side, forex trading is not about luck, it is a real skill and strategy.  If you have a good trading strategy, you stick to it no matter what and your emotions are under control you are on your way to become a consistently investor and forex trader.

Of course, it takes some time Authentic Ron Hainsey Jerseys to learn how to trade, but it pays off in the long run. Here are few tips about how to get started, some educational videos, demo account and more.

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Trader Psychological mentality

Trader Psychological mentality
What do we mean by trader psychological mind or mentality?
Trading brings a lot of emotions to a beginner trader is important that you define that the idea of trading is to start an investment like any other business, the principal goal is to increase your wealth in a short time or a long time depending on your personal financial goals.
Some of the points that we recommend always to consider before your trading session are:

  •  The most successful traders are those who get disconnected from their emotions and even to losses and can respond rationally to changes in the markets so that they are able to rectify the situation.
  • It is recommended to avoid tempting situations at the loss, for example, the situation in which traders who fall end up doubting their strategies and lose decision-making capacity in a timely fashion, which can cause loss of good opportunities.
  • Always a trader must accept the possibility of loss, it is the only imminent risk in an operation.
  • It is recommended to the trader to study with time and objectively if the trend is strongly opposed to the direction that initially predicted its strategy. If an operation is analyzed carefully, it can be concluded that it has the potential to produce profits but for now, the price of the underlying asset is temporarily moving against the open position by the trader.
    Once the investor is unsure about the position will follow the price, another action that can apply is to compensate for any loss.
  • Recognize your stress situation when operating in the market. Once we are calm and thinking more rationally, we will be more suitable to operate more effectively and thus be able to compensate for any loss we have suffered conditions.
  • Do not open trades if you have thought you will have to abandon your trading session because of work or a meeting, that can bring you in a position of stress or distraction
  • Before you start trading define an exit point, meaning, set up a goal on what percentage of profit you are planning to stop trading and a maximum amount of loss during the session
  • Take the time to learn from the experts by reading books or listening to audiobooks, verifybroker recommendations are listed and ready to download in iTunes you can download here

Starbucks employees was injured in Tuesday’s attacks in Brussels

Starbucks employees Travis Dermott Jerseys was injured in Matt Martin Jerseys Tuesday’s attacks in Authentic Nikita Zaitsev Jerseys Brussels

Starbucks Corp. (SBUX) reported one of its employees was injured in Tuesday’s attacks in Brussels. The explosion in Brussels’ international airport took place outside of a Starbucks cafe. “Amidst reports of attacks targeting Brussels Airport and at a metro station, initial indications are that an explosion took place outside of a store within the airport,” the statement reads. “While one partner (employee) was injured we can confirm that all our partners have been accounted for and are safe. This store and all other Starbucks stores in Brussels will remain closed Johnny Bower Youth Jerseys until further notice.

Market report

” Starbucks shares are down 0.5% in Tuesday trading, but up Authentic Travis Dermott Jerseys 20.7% for the past 12 months.

Start trading starbucks with [eafl id=256 name=”Plus500″ text=”Plus500″] or [eafl id=300 name=”Avatrade” text=”Avatrade”] can you imagine a long term trade or taking .5% drop on the shares in a short time position

What is Bollinger Bands?

What is Bollinger Bands?

A Bollinger Band® is a band plotted Darryl Sittler Youth Jerseys two standard deviations away from a simple moving average, developed by famous technical trader John Bollinger.
Because standard deviation is a measure of volatility, Bollinger Bands® adjust themselves to the market conditions.

When the markets become more volatile, the bands widen (move further away from the average), and during Leo Komarov Jerseys less volatile periods, the bands contract (move closer to the average).

Bollinger Bands are one of the prefered strategies for forex and binary options, Bollinger bands can Zach Hyman Jerseys be Calle Rosen Womens Jerseys combine for example with RSI.

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If you want to learn how to use them you can Authentic Andreas Borgman Jerseys speak with your broker at [eafl id=256 name=”Plus500″ text=”Plus500″] and [eafl id=300 name=”Avatrade” text=”Avatrade”] or by contacting us

Verifybroker will definitely guide you during your learning process

What is Relative Strength Index?

What is the Authentic Ben Smith Jerseys ‘Relative Strength Index – RSI’?

One of the most common indicators to trade and to follow in a particular asset is the relative strength index (RSI), which can be combine with other Indicators.

The relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset.

A trader using RSI should be aware that large surges and drops in the price of an asset will affect the RSI by creating false buy or sell signals. The RSI is best used as a valuable complement to other stock-picking tools.
An asset is deemed to Authentic Curtis McElhinney Jerseys be overbought once the RSI approaches the 70 level, meaning that it may be getting overvalued and is a good candidate for a pullback. Likewise, if the RSI approaches 30, it is an indication that the asset may James Van Riemsdyk Jerseys be getting oversold and therefore likely to become undervalued.

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If you want to learn Kasperi Kapanen Jerseys more about strategies Jake Gardiner Womens Jerseys contact us 

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