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August 2021

Business

How to become a professional commodity trader

by Rozwenc David on

Becoming a professional commodity trader is a very tough task. If you do the research, you will notice the majority of the retail traders are losing money as they don’t have the basic knowledge. And when it comes to the commodity trading profession, the traders need to focus on long-term goals and trade this market with extreme discipline. Without following strict discipline in the investment business, the traders will keep on losing money and blow up the trading account within a short time.

So, is there any way by which you can become a professional trader? The simple answer is YES. Go through this article as we will give you some advanced tips which will allow you to trade this market in a better way.

Study the asset

Before you take any trade, you need to study the assets. The price movement in the commodity market is a bit different than currency pairs. If you do some research, you will realize trading in the commodity market is much harder as the price movement is not that high. So, you need to get yourself comfortable with the slow market, or else you will not do better at trading. Take your time and learn to evaluate the risk profile in a very strategic way. See how the market reacts to the critical support and resistance level. Once you become comfortable with the price movement of the trading instrument, you should be able to take the trades in the real market.

Curate a simple trading strategy

To become a professional trader, you should never rely on a complex trading strategy. Try to develop a simple trading strategy so that you can do well in the market. Unless you learn to curate a professional trading strategy, you will never succeed in the trading profession. Visit this link and get a professional demo account from Saxo so that you can do well in the trading profession. Once you become good at analyzing the important market variable, you should be able to develop a professional trading strategy. But develop your trading method in the demo trading account so that you don’t have to lose any money. Once you curate the trading strategy, you need to back-test the trading system.

Backtest your trading strategy

Back-testing your trading strategy is one of the most difficult tasks for novice traders. The novice traders think that they know a lot about this market. But after trading the market for few months they realize they have faults in their trading system. Before you jump into the real market, you should trade with your develop your trading method in the demo account. If you can make a consistent profit in the demo trading account for few months, you should consider the trading strategy as a valid one. If not, you need to revise your trading strategy again.

Study the major chart pattern

To make a big profit in the trading industry, you must study the major chart pattern. Analyzing the chart pattern is one of the most effective ways to make a big profit in this market. The traders often think that they don’t have to deal with the chart patterns. But if you trade without knowing anything about the major chart pattern, you will keep on losing money. Thus you will blame the market and loses a significant portion of your trading capital. The only way by which you can solve this problem is by following strategic actions. Learn about the important chart patterns and try to use them in your trading approach.

Trade with a very low risk

As a trader, you should always trade the market with low risk. If you fail to do the proper market analysis, you should not trade the market in an aggressive way. Learn to trade this market with 2% risk exposure as it will allow you to survive in the market. Never get confused with your actions since you don’t have any idea about the outcome of any trade.

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Photography

William Huyler – Why You Will Love Photography As a Hobby

by Rozwenc David on

Over the last 12 to 18 months more people have been picking up new hobbies in order to keep them entertained during their time at home. I am someone who got involved in this and around this time last year I started to get involved with photography. I was inspired to do this after following William Huyler on social media, a brilliant photographer who often shares ideas about this hobby.

I started off in a small way with a very basic camera and over the last year I have really fallen in love with this hobby. I think that for anyone who is slightly artistic or creative, they will really love the fun which you can have with photography, and here is why I think that everyone will enjoy it.

Looking at the World Differently

One thing that I can say for certain is that since I have taken on photography I really do look at the world with a different pair of eyes. I decided that I would snap shots of urban landscapes and that has encouraged me to get out into the city and look for those little quirks of human life. It took me a while to get into but after time I began to realize that these little details were right before my eyes, I just had to look for them. There is no doubt that I appreciate more of the world since I got started with photography.

Always Striving

Even professional photographers will tell you that there is no perfection, that they are always striving to make their images and the quality of their shots better. This is encouraging for people like me who are just beginning, because it means that there is no perfection which I am going to achieve, and that there is always something to work towards. You never want to feel that you have completely mastered something, and in photography there is no danger of that happening.

Charting Your Life

I really enjoy using the images that I have taken, at least the good ones, and displaying them on my walls at home. What I have noticed in doing this, is that I can really mark out each aspect and time period of the last year. I can remember where I was when I took the shots, I can remember what I was doing that day and even what was going on in the rest of my life. This is a lovely way to make period of your life and it is something that I hadn’t realized was going to happen.

And finally I want to make a point about the level of help and support which is available when you get started with photography. This is a hobby which many will undertake and through online resources you can get some great tips and insight from professionals and amateurs alike. If you want to get creative, this is a great hobby to help you to do just that.

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Food

Rose Burillo – Why Tacos Are Mexico’s Favorite Snack

by Rozwenc David on

There is absolutely no doubt about the fact that tacos are the favorite snack for Mexicans. The love for these little bundles of joy has even stretched across the border, and across to many countries around the world. There is no doubt however that if you are looking for the very best tacos, Mexico is where you will find them. Throughout the country there are taco stands and taco-specific restaurants which you can dine in, and a trip to Mexico just wouldn’t be complete without loading up on as many tacos as you can stomach.

I was chatting recently to my good friend Rose Burillo about the popularity of tacos, and here is why think that  this delightful little snack has grown so popular over the years.

Ease of Eating

Eating tacos doesn’t require a knife and fork, it doesn’t require much from the eater and in most cases you don’t really need a plate. This ease of eating makes it one of the best snacks on the planet and it is why so many love it. There is something which is just so unassuming about the taco and that is why it is loved.

Variety of Fillings

There is pretty much a never ending list of fillings which you can add to a taco, and this means that there really is something for everyone, no matter what kind of thing you enjoy. There are fish tacos, tacos with cuts of beef and pork, tacos filled with slow cooked mutton and there is also an extensive range of vegan taco choices which people love. This is no doubt why the taco is so well loved, because each experience is different and everyone can enjoy their favorite fillings.

Cost of the Taco

In Mexico at least, tacos are one of the cheapest snacks that you can possibly buy, making sure that everyone is able to enjoy this amazing snack. On average a taco is going to cost you around $0.50 which is a truly incredible price for what you will get in return. This inspires so many people to grab a taco as a snack, and that is more often than not the reason that it is eaten, to provide a little bit of sustenance until you have a main meal.

Reasons for Eating

As we have just alluded to, the taco can be eaten for a number of reasons. For example some people may look to grab a taco on their way to work as a small breakfast, others may look to enjoy a taco or two as a snack and some can even enjoy a meal with 5 or 6 different tacos. The taco is basically one of the most versatile and flexible options which you can get, and that again is why so many people adore them.

These are the main reasons we believe, as to why the taco is loved as much as it is, here in Mexico and abroad.

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Business

Robert Testagrossa – Why People Tell Crypto Investors To Hodl

by Rozwenc David on

If you have just got started with your crypto investments then you may be learning quite a lot of new jargon at the moment with regards to those investments. One of the most common things that people will tell you too do with those funds is to ‘hodl’ which basically means hold on. What experts like Robert Testagrossa mean by this is that you should be looking to hang on to your funds and not sell them regardless of what the price is doing.

Your investment is of course your own and you can do whatever you want with those funds. This is not financial advice but merely a description of what people mean when they tell you to hang on.

Long Term Boom

Those who believe in the future success of cryptocurrency like Bitcoin are in it for the long haul and it is widely considered that Bitcoin will one day reach heights of $500,000 or more. This is why these investors and experts will tell you to simply hang on, because that puts you in the perfect position to make the big bucks when the price eventually does boom like we have never seen it before. This is the main reason why so many simply invest and then hang on to their investments.

Trading Dangers

There are some small time investors out there who are trying to trade their way up to having more investment altogether. This however is something which is wrought with danger and it is recommended that you don’t try to trade your way up. The reason for this is that the market is just so volatile that you may end up losing money or actually trading down if you are not there at the right time. This is not only very hard to predict but it also means that you have to invest a huge amount of time in trading and watching the markets. Trading is hard enough with something like stocks and shares, yet this begins much, much harder if you are looking at doing it with crypto. The best advice is to get in at a price which you are comfortable with and then just let the investment ride out.

Keeping the Market Cap

Another great point to make here is that the more people who are sat on funds, the higher that the price is going to rise and the bigger the market cap becomes. If everyone is trading we are constantly finding a new price for the coin and more sales will eventually drive the price down. Naturally this needs to happen on a large scale in order for it to make an impact, but that is again why we are all better off holding on to the funds for the long term instead of looking to trade and sell quickly.

This is why so many say that the best way to manage your investments is to hodl, buying now, for the long term.

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Business

Josh Melick – The Importance of Tallying Sales and Pay

by Rozwenc David on

When running a business it doesn’t take much time for things to get away from you and to stop reviewing the things which are in fact so important to the companies operations. Josh Melick has touched on this on his recent blog post which goes deeper into the need to constantly weight up the economics of the business. Any well established business will be able to draw clear differences from how they once approached the company economics to how they do now, and many will tell you that they should probably be doing more.

Josh however goes in deeper and reminds companies that they really should be looking at their economics more often. This has a huge impact on how the business is run and here is exactly why this tallying up process should be carried out on a regular basis.

Sales Comp Plans

An important part of what Josh has to say with regards to company economics is that they have to always ensure that they fall in line with what is being paid to the staff. This is particularly true when it comes to those companies which have sales comp plans in action. If this was set up a couple of years ago then the goal posts may well have moved somewhat since the percentages were first set up. Reviewing this will help the staff ensure that they are making the money they need to, and that the business is not overpaying for what the staff are doing.

Matching Growth

We often think of growth as a single event but the reality is that companies are growing all of the time. A lot of businesses will think of an increase in premises or a larger marketing campaign being growth, but things change every day. This is why those spreadsheets have got to be accurate and why we always have to look at the bigger picture regarding the economics of the business. It may be that budgets are larger, sales are growing and in order to meet these demands the staff have to be paid and incentivized in the right way.

Rising Costs

It is not only the operations of the business which may cost more, but also the rising costs of the things which the business needs from the outside. As these costs rise, so too much the prices that the business charges, and the employee pay must also reflect this. A failure to constantly review the economics of the business could result in a small percentage of this rising costs being absorbed by the business, rather than being passed on to the customer. We have to always ensure that we are reviewing the economic picture, if not we may end up costing ourselves money which we really don’t need to.

It can be a painful procedure but this is exactly why we have to ensure that we are tallying the pay and the sales of the business at all times.

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Business

AccessiBe Offers 3 Essential Website Compliance Tips for Businesses

by Rozwenc David on

Making a website compliant and ensuring that it’s accessible for everyone is essential today. Not only is there an increased risk of lawsuits, but it’s also the right thing to do. No one likes not being able to shop where they please, which is essentially what it feels like as a disabled person when a site is too difficult to use. Here are three essential website compliance tips to help businesses.

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Start with the Accessibility Basics

Look through your website from the perspective of people with different kinds of disabilities. Try to put yourself in their shoes and see how the current website fares. If you install a screen reader, what you may discover is that the reader struggles to locate the right information or to read it out in an appropriate order. This can confuse blind visitors.

Insufficient contrast between the foreground and the background might not be a problem for people with perfect vision but, those with failing vision, or struggling with cataracts, for example, will need added color contrast options. See how the site looks with high contrast mode turned on in Windows or Mac.

Use an Accessibility Tool to Speed Things Up

If you feel as though the process to improve the site will require too much time, use a tool like accessiBe to speed it up. Rather than resolving problems piecemeal, an accessibility tool like this can confirm each area that needs work, and how many changes are necessary to meet the right standards. Distribute the tasks amongst a few team members to complete the accessibility update sooner.

Check the Site is Compliant Now

While scanning a site to spot the pages that aren’t compliant is useful to do, it’s even more important to re-scan later after changes have been put in place. Never assume that once the changes are all done, the site is fine. Some accessibility aspects may have gotten missed when the updates were rolled out. New accessibility problems may also have been inadvertently introduced. Also, any new articles or pages added, or site design tweaks performed while the accessibility push was ongoing may have added new wrinkles too.

Once you’re all set, worrying about potential legal entanglements due to an inaccessible website should be a thing of the past.

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Lawyer

Dr. Bruce G. Fagel – Importance of Discussing Medical Malpractice With Lawyers

by Rozwenc David on

If you suspect that for any reason you have been he victim of medical malpractice then the first thing which you need to do is discuss this with legal professionals. Around the nation we see less and less cases such as this, but there are some which still take place each year. If you or a loved one believes that you have been victim of malpractice, it is going to be incredibly important for you to speak with law experts such as Dr. Bruce G. Fagel, who will be able to support you in this situation.

Staying quiet is not an option here, because if you do have a case, action should be taken. Speaking with legal experts is best, and here is exactly why.

Case or No Case To Answer

The first point to make here is that you may not even have a case, regardless of what your suspicions are. Not every mistake which happens to be made inside the hospital come as a result of malpractice and sometimes it may just be that you have been unfortunate in terms of what has happened to you. There are no guarantees in hospitals and all that surgeons and doctors are able to do is follow the protocols which have been put in place. As long as these protocols are followed, there is not usually a case of medical malpractice to answer.

Supporting You

If there is a case to be raised here, this is going to be a tough time for you, both mentally and emotionally. Thankfully however you will find great support in a legal team, who understand perfectly what you are going through and what can be done to help you feel better and more comfortable with what the process here is. Lawyers have a rich experience in dealing with situations like this, and that is why you will be best served having a conversation with them and allowing them to help you and offer you this support.

Discussing the Process

There are many stages and steps to this kind of case which you will need to be aware of. This is why it is better that you go with top quality lawyers, who will be able to explain how the case will go, and what that will mean for you. In doing this it can allay your fears and your concerns and ensure that you are well aware of what is going on. You will also be given information on what you should be doing right now, and possibly there could be actions you can take which will actually help your case. This is why so many say that the sooner you get into a conversation with lawyers, the better off that you will be.

Always be sure to speak to the pros if you have ever found yourself, or someone you know, being the victim of medical malpractice, remember that staying quiet is not an option.

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Finance

Sadigh Gallery – Reasons Why You Have to Know Your Stuff With Antiques and Old Coins

by Rozwenc David on

If you are a collector of antiques or old coins then you have probably heard warnings about being careful when you buy and what you buy. This happened to me when I first started collecting old coins, and a good friend of mine from the Sadigh Gallery in New York was keen to warn me of the dangers of buying these items.

Collecting either antiques or coins is a great hobby and something which I genuinely enjoy doing. With this being said however, I am more than aware of the potentail dangers which there are when buying these kinds of items. You have to know your stuff, and here is exactly why.

Selling Fakes

When it comes to buying items the biggest risk is that you pick up a fake replica of what you were actually looking for. This could cost you a small amount of money or it could cost you quite a chunk of change. Copying artwork is harder and harder because of the technical ability which is required, when it comes to old vases and coins however, this is much easier for fraudsters to mimic, and that could see you out of pocket. The quality of the fakes is very high which is exactly why you have to know your stuff.

Getting It Checked

If you are ever going to a store to buy a piece and you wish to have it authenticated, be sure that you are taking your own authenticator with you. Sadly there are some stores out there who sell fakes and who will actually work with their own ‘authenticators’ to give you the green light even though the piece isn’t real. This thankfully doesn’t happen too often but it does exist and it is one of the reasons why you have to take such care.

Buying Online

Buying these kind of items online is dangerous if the piece is worth a good amount of money. It is essential therefore that if you are going to spend a good amount of money, that you go to see the item in person first. Failing this, you should ensure that you are buying from reputable dealers who have a fantastic reputation and a lot of experience. The internet has given the fraudsters a great place to ply their trade and that is why it is essential that you don’t allow them to do that.

Wrong Details

In some cases you may buy an ancient coin from someone who does in fact have good intentions, yet they lack knowledge. If you are not aware of all of the details that you should be looking out for then you may find yourself buying a piece for way over what you should be, simply because you have confused it with a more expensive piece.

Always be careful whenever you are buying these items, so that you don’t end up losing the money which you are spending.

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Food

Yasith Weerasuriya Explains Why Research is Vital for Tackling Celiac Disease

by Rozwenc David on

Like many sectors, COVID-19 has hit medical research hard, with charities including those tackling celiac disease struggling to survive. You may be wondering why funding research into celiac disease is so important when we’re already able to diagnose this disease, and we know it can be treated with a gluten-free diet. The simple answer is that although advising patients to eat a gluten-free diet does help with the symptoms of celiac disease, it doesn’t solve the problem.

Keep reading below to find out more about this issue:

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The Effects of Celiac Disease on Patients

Celiac disease affects a growing number of individuals worldwide. People with celiac disease suffer on a daily basis. For some individuals, celiac disease can irrevocably change their lives. Research has shown that it can cause debilitating complications, particularly if not detected early. These complications include things like osteoporosis, autoimmune conditions, and small bowel cancer.

Why is Research into Celiac Disease Crucial?

Sadly, little has changed since the discovery of the link between gluten and celiac disease over 60 years ago. Today, sticking to a gluten-free diet is still the only treatment, but unfortunately, this treatment doesn’t work for everyone. And as more disturbing aspects of this disease begin to emerge, it’s becoming critical to find answers through research.

Currently, funding research into celiac disease is disproportionally small compared to funding for other medical conditions. This does not reflect the impact this disease has on people’s lives. With more and more people being diagnosed with this terrible disease each year, Yasith Weerasuriya believes that it’s critical that more money is put into researching this condition.

How Research into Celiac Disease Can Help

Through funded research, charities can work to improve the diagnosis of this terrible condition. This can include the development of more comprehensive and less invasive tests. Not only that, but research can also help to find better treatments for this condition. This will have a huge impact on the lives of individuals living with celiac disease.

Celiac disease remains a challenging condition for patients. This is mainly because medical professionals are still unclear on how to treat this uncomfortable condition effectively. Thanks to this, more research is needed into this area. Let’s hope that we see some breakthroughs in how to manage this condition in the future.

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Business

Is Wine a Good Investment? Underground Cellar has Some Useful Insights

by Rozwenc David on

Wine has been used as a way to invest and as a store of value for many years. Investing in wine is now easier than ever with wine stock exchanges, specialized retailers and storage solutions, and investments funds that deal with wine specifically. But you first have to know what you’re doing so that you get the most out of your investment. Underground Cellar had a few words to say on why wines could be a good investment, and how to make the most out of your collection. Here are some useful insights.

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What Makes Wine Such a Great Investment?

One of the best things about wines as an investment is that their prices usually don’t follow other investment products. So, when the sky is falling, wines can be a solid refuge. Prices of great vintages have been steadily climbing over the years and it’s a very low-risk investment if you invest in the right ones. As a matter of fact, the fine wine market has been able to outperform most ETFs and global equities funds while providing 13.6% annualized returns over the last 15 years.

Understanding Investment-Grade Wines

You should know that not all bottles will give you a return, so you’ll have to know what makes a bottle worthy of investing in in the first place. In the business, an investment-grade bottle is one that is likely to increase in value after five years. Some of the things that should tell you if a bottle is an investment-grade are the quality of the vintage and the score critics gave it.

The pedigree of the wine along with supply during the year it was produced will be very important as well. If you have a wine that was scarcely produced from a famous region like Bordeaux, the Rhone Valley, or any well-known viticultural area, and it received great reviews from critics, you can be pretty sure that you’re sitting on a winner.

How to Buy Investment Bottles on Your Own

Buying bottles on your own will require that you do your research about wines and set a budget. You then need to find a reliable source, whether it’s auctions, a broker, or a specialized service. You will also need to think about things like storage and through which avenues you intend to cash them out when they reach their prime.

As you can see, wine can be a great investment, but you will need to do your homework first. Learn as much as you can before buying your first bottles and only buy from the most reputable of suppliers.

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