A Thousands Footsteps and me

  How To Start Trading? I discovered trading long before i started my trading journey, i thought trading needs intensive training which is kind of complex.  That's maybe because trading has three aspects of learning, Technical Analysis, Fundamental Analysis and Trading Psychology that you need to pay attention to.  Because one without the other can be a disaster, anyway, I was inspired to try trading when I was looking for side hustles. The good thing about this gig is that you don't have to stay in front of your screen, I thought it's a perfect opportunity to joggle other jobs. So, I researched trading, read about fundamentals and technical, also to reinforce the process of learning, I took a demo account and added a few bucks for a live account. To get a full grasp of trading, I had to undergo demo and live trading. I also need to get a full picture of the technical view through the lens of multiple trading platforms, MT5, MT4 etc. I spent so much time watching videos a...

  Introduction to Forex Trading: Basics and Terminology Bid Price: The price at which a trader can sell a currency pair. It normally varies for every broker. Ask Price: The price at which a trader can buy a currency pair. Also, varies and hence make a difference in spread Spread: The difference between the bid and ask prices. There are brokers that offer lower spread, and trading time or session also affect the spread.  However, stock trading has a lower spread because you're trading an actual stock. Once you place a trade, the only time it will start to count loss or profit is when it hits the bid/ask or the spread. Same thing with Stop Loss and Take Profit, it will trigger SL & TP before and after the spread. Leverage: The ability to control a large position in the market with a smaller amount of capital. Usually 1:500 - 1:1000, let's say you have $100 capital, it will mean you have up to $100,000 leverage. Margin: The amount of money required to open a leveraged po...

  Life Insurance 101 All the basics that you need to know about life insurance, we'll run through about it in this article including what are the policies that need to be adhere?  And how you can prepare for you to get one? Disclaimer: I have work with an insurance company before for short period of time but in terms of basic knowledge I would be able to suffice the concern about life insurance although I am not selling any products or policy. We are breaking down why we need protection as well as what is life insurance.  We will also be tackling about the difference between life insurance and health insurance, same thing with different terminologies types of life insurance. And the best time you should get life insurance and then how you could apply for one, requirements you will need and what you should do after you get one. First, is why do we need this type of protection?  As completely humans we can experience sickness, accident and death or disabilities and sin...

Investment Stock Market 101   As I discuss about Insurance I have mention that as part of their policy you can also include investment depending on how aggressive you can be as an investor. And that is part of the VUL or Variable Universal Life insurance. Now this time we will purely talk about investments. You might not know it, but right now during this pandemic is the perfect time to invest where the stocks are low and once everything recovered the spike for stock market would definitely went overwhelming. Also, right now there are numerous investment that are offered online even at a low amount using mutual funds.   What is mutual fund?  Mutual funds are the accumulated funds coming from one person to another then put it altogether, then it becomes a mutual fund. Right now you don’t even have to open a broker account just to have an actual fund, there is investment that offers from an application or an app. What is bond what’s different between government bond and cor...

Leveraging Monopoly Business Venture Inspiring Forest Encircle  Cities Strategy from the Movie the Billionaire   Have you tried selling products inside your community or in your village with the same products with your competitors whether  it’s a part time or another source of income?  I bet you had. I  have started selling products when I was ten back in my city of origin, and what I always notice the most is that you are not the only one with the same type of product selling in a certain place.  In my case, I started doing it at our school, I was studying at a public school in our province where vendors are allowed to sell food products and other stuff at a certain area of the school. This is not the canteen but a permitted vendor area outside the school ground, although they allow students to buy from us, in exchange, we have to pay a few just to get a manifestation .   Until now I still love selling products in our province, specially when it comes...

Investment Through Cryptocurrency Basic Knowledge you Need to Know Before Buying your Crypto What do you need to know before you start investing in cryptocurrency? Where and how to buy and which platforms to buy from There has been a quite amount of impact cryptocurrency have brought to the entire globe since 2008, and now it is dramatically growing, but if you just heard it recently and you seem to be interested in buying or investing crypto, you must know first the risk and a little knowledge about how it works and where to buy it.   Cryptocurrencies are very volatile assets you have to think about your investment earn at the same time as how much are you willing to lose because if you are most likely to invest for $100 then you’re more likely to lose a $100 in a single day.  Do your assignments as always researching is always going to be a good investment after all, take the time and effort to know what it is and how it works?   According  to a freelance researche...

How do I earn from amazon using Kindle Direct Publishing (KDP) Have you ever dreamed of publishing your own book and even earn from it? Well, Amazon have made it all possible with Kindle Direct Publishing There are two ways to earn from amazon KDP by creating either high content or low content books.  When we say high content those are the novels, literatures, magazines, technically those books that are fully written from the first page to its end, and when we say low contents these are scarcely written like coloring books, notebooks, planner, journal or anything that is not fully or scarcely written by words.  These two can be very lucrative if you are in the right track. Now the technique for you to hit the button is to focus on the quality and not the quantity.  Even though you have thousands of written stories or created planners, notebook, journal or anything low content as long as this is all garbage you won’t get any sales from these, quality contents matters a lot...

What is Dropservicing and how is it related to Dropshipping   Similar to dropshipping, dropservicing has the same idea as to what it is in dropshipping online, that there is no tangible product in here, so there’s no inventory and delivery involve in here.  When it comes to dropservicing you are offering a service or a task from a certain client without you actually doing the specific task, for example.  A client would like to hire a video editor for a $100 for a short video, now here’s the context where dropservicing are in place, would you believe that you can earn that offer even though you are not skilled or expert in video editing?   Yes you can by outsourcing a freelancer that does video editing, now you can arrange that offered amount and make a deal with a freelancer by a 70% by 30% cut.  Meaning to say you will earn $70 just by doing nothing but delivering the task on a certain time and the good thing about this, is that you could also keep your client ...

Business and finance online   How to make money online using Dropshipping   So, first what is dropshipping? in my own understanding and experience doing dropshipping is the process of selling online without even touching any of your unit or product. Basically, you are just doing the marketing process and so long as you have your own site with a decent domain you’re good to operate an online store.   where do you need to go in opening your own online store using dropshipping.  Well, you're welcome to buy any ecommerce site to render your store but I think mostly are getting hooked up with Shopify. This is where I bought my dropshipping merchant and then I also purchase my domain with their extended service.  You needed your domain to make it look like your own store and not with Shopify and also because you have a choice to make your own brand.   After you created your website where to go next? By the way the monthly payment to contain a Shopify account is a...