UK Prime Minister Theresa May scored a minor political victory as a panel of important Tory MP’s decided to keep the rules on a leadership challenge unchanged. As more members from her own party seek to replace her, especially since she reached out to Marxist opposition leader Jeremy Corbyn, May is trying to see through a Brexit compromise which can be passed by Parliament. Her hated Brexit deal which she negotiated with the EU over the past two years was rejected three times and was the sole issue which united politicians from all parties....
Trading forex is no easier than any other financial instrument and requires as much effort, discipline, and skill as in any other market-based profession. Like other markets, the generality applies that insiders largely make money at the expense of outsiders. Fortunately, not having access to unlimited computing power or the most brilliant minds does not doom you to inevitable losses. The world is sufficiently imperfect that individual traders can develop a winning forex trading strategy. By careful disciplined effort, you can develop a...
Welcome back to this week’s edition of my Bitcoin - Forex Combo Strategy. Let’s address the elephant in the room before we dive into Ethereum 2.0. Hackers stole 7,000 Bitcoins from Binance. CEO Zhao Changpeng stated “The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time. We must conduct a thorough security review. The security review will include all parts of our systems and data.” Binance clients will not face personal losses as the company will...
Just as the majority of economists, analysts, investors and traders got comfortable with the progress in trade talks between the US and China in order to resolve the issue, US President Trump reminded everyone that nothing is certain. He took to Twitter on Sunday and fired off two tweets which caught many by surprise. Mass media has lulled everyone into the misguided believe that a trade deal is imminent. Trump has vowed to increase tariffs on $200 billion worth of Chinese Goods if no trade deal has been reached and the original deadline was...
Initial investment as the constant money flow that will support your trading career is extremely important in forex trading. One of the first questions potential forex traders ask them self is what is the minimum amount to start forex trading? Many forex traders earn good returns on their investments. Yet, in order to start trading forex in the first place, you do actually need to have a certain amount of money. Regardless of whether you are only thinking about going into forex trading or have already started with your demo account, there is...
