10 SECRETS OF SUCCESSFUL FOREX TRADING

1. START GRADUALLY

        There's no sure thing or confidence in Trading as the market  may change suddenly, so you start gradually, don't open many positions but weigh each of them carefully.

2. STOP - LOSS ORDER & TAKE PROFIT

         Common mistake many Trader make often is to limit their loss, don't forget to use stop loss on any positions you opened and don't make it too tight or close to avoid stepping out of the game very soon. With the stop-loss order, you will be able to control the situation if the market rates changes unexpectedly.

3. STICK TO THE PLAN/STRATEGY

        A good Forex Trader always have their own plan when starting their Trading and the best make an effort to hold on to it. Some prefers long-term strategies while others may prefers daily transaction. You should just keep it steady. Try to write your own plan on the paper and follows it systematically. Draft each of the successful strategy and failed ones  on each transaction to analyze why you chose or use a strategy later.

4.  RISK MANAGEMENT

        This is the best part, to protect your profits, trading small lots. Specialist advise against risking more than 5% of your free capital when you aren't completely confident. This way you can protect your hard earned money and your profits.

5. DON'T STOP THE PROFITS

        Have you ever close trade out of fear?, or hold on to trade may be it will turn around?. A common mistake beginners make  is closing the open positions too soon, thus not taking the advantage of the full profits. The fact is trends last longer than they might seem at first.

6. USE OF MULTIPLE TIMEFRAMES

     In other to determine the perfect timing to enter a trade or step out, you have to differentiate the time frames of analysis; weekly charts are used  to observe trends, hourly and minute charts are used to determine the perfect timing to open and close positions.

7. ALWAYS FOLLOW THE TREND

      Always try to follow the trend, transactions against a trend usually results in LOSS. Sometimes you need to wait for an evident trend and then make your move.

8. TRENDS HAVE MOMENTUM

     Many beginners often don't know when a trend starts and don't use trends in their favor. Trends have momentum, although a momentum strategy requires a solid exit to protect your PROFITS.

9. IF IN DOUBT FOLLOW THE PROFESSIONALS

     Many traders always got scared of not to loose. If you are not confident about your decisions, choose a platform that offers copy Trading feature to their investors.That is, let's you follow the experts and copy their transaction, they gain you gain too.

10. CLOSE THE UNSUCCESSFUL

       Don't make mistake of waiting so long for the unsuccessful positions to turn around as this may destroy your Trading account further. Experience shows that it's best to close them early and move on to others

#coronavirus,#COVID-19: Oyo State Governor -Seyi Makinde Recovers from COVID-19

Oyo State Governor - Seyi Makinde has test negative twice yesterday April 5, 2020 from corona virus disease since he has been in isolation one week ago. This was shared on his Twitter handle and his Instagram page yesterday.

"I am deeply moved by your prayers and support throughout this period. I am so thankful. This evening I received my second negative test result for COVID-19.

I especially thank Prof. Temitope  Alonge, who acted in my stead as Head of the Oyo State COVID-19 Task Force.

I am also grateful to all members of the  Task Force for their cooperation during this time. I will be resuming my responsibility as Head of the Task Force from tomorrow."

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Blogging Business

                 Blogging Business

Blogging business is a very reliable business idea to go into. For simplicity, I will explain steps of going into this business and how to monetize your hard work into profits.

Requirements: A smartphone, internet connection and Gmail account ( With Google)

Firstly, Blogging can simply be known as writing and publishing of articles, news, trending things etc.

 You can actually have a designed website, buy an already designed website or use Google Blogger AdSense  feature on Google for your Business.

Majority may not has such capital to fuel your passion for Blogging, but believe me you can start up by having a Google account. 

To start Blogging with a owned website, all you need to do is connect your site with Google AdSense to start earning on the go.

Go to Google AdSense with your Google account then fill in your website URL address to connect your products to start earning and you must meet the terms and conditions.

To start Blogging with Google Blogger and AdSense, all you need is have your Gmail account ready, then use your browser to use Google Blogger feature to register your Blog Name and url address name. Or you can actually download Google Blogger on playstore or iOS, this gives you the interface and access to draft and publish your write ups as readable news to audience.

This is what a Google Blogger looks like on your browser. You can download the app for quick access to Blogger.

You have to meet some requirements, terms and conditions before you can start earning from your blogging. Your contents must be, unique, original and must attract audience, simple to navigate and understand. You will then be eligible to connect your Blog with AdSense and you start earning.

Google AdSense makes you earn from your passion for Blogging by placing ads on your website.

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5 Most Profitable Ideas Of Making Money From Mobile

The ideas of Making Money from Mobile is not an easy task but it is, if you're persistent, determined and dedicated. And  if you devote your time and money well you could earn a good income.

 

Although there are various ways and ideas of making money through Mobiles there are many ways but for the sake of simplicity I will suggest you the most reliable and easy idea.

1. Foreign Exchange (Forex) Trading

2. Online Marketing Business

3. YouTube

4. Blogging

5. Surveys

For these ideas listed above, you just need a Smartphone ,an Internet Connection and a Gmail Account.

1.Forex Trading

      Foreign Exchange trading, also widely known as Forex Trading is a very good idea to adopt in making money through Mobile, all you need to do is to register with a trusted broker to start a real trading account or Demo account for practice ( a broker is the company you register with to fund your trading account, trusted broker you can register with such as OctaFx , FXTM). Then you proceed to download Metatrader 4 or Metatrader 5 trading app which will be use to trade in the Forex market. You can actually learn more on Forex Trading or download learning apps on it. It's a very lucrative business and very reliable idea of getting money on mobile. This is kind of business to do an start earning on the go. Read more on forex trading .

2. Online Marketing Business

       This is another reliable and good idea of getting money on your mobile phone. All you need to do is discover what kind of product you can actually go into and people will patronize like sneakers, wears, human hair, make up kits etc. Then you market these products on your Instagram, Facebook, Twitter page and you can Promote your market to boost your patronage. It's not a must that you get a shop!. And you can actually have another work attached while doing this. You can read more on Digital marketing here.

3. YouTube 

      This is another way to get money from your mobile. Open a YouTube account to own a channel, name it to your own taste then you can choose from varieties of topics ( comedy, trading, business, training on different things like soap, make up, head tie Videos etc), you start making videos that will draw audience to your channel. After a  certain amount of likes and subscribers on your Videos, you can then monetize your account and you start earning money directly from Google (monetize your account is simple, it's a feature on your YouTube account). You can read more on my article YouTube Business

4. Blogging

            Another ways of earning an income from your mobile is to write Blogs, create information about anything that is currently in news, trending and post that blog in the Google Blogger. The money comes through Google, so it is the most reliable option to earn money through Mobile. You can actually start Blogging by using Google Blogger and Google AdSense account. Or open a website and connect with Google AdSense account. To monetize your account, terms and conditions apply. You can read more on this on my article Blogging Business

5. Surveys

         Lastly is by registering on surveys websites and as you fills surveys, app installations, refer friends, earn per click on the go you earn as little as cents or dollars, like $30 or more a month, some $100 upward. And you can get paid mostly through your PayPal account, Venmo, Cash App, Mailed Check or Bitcoin.
Such sites includes Inboxdollars, Thepanelstation etc

Contact theegold for more updates

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