Reading Time: 5 minutes This comprehensive guide aims to provide you with the necessary knowledge and tools to understand how to short the dollar effectively. Shorting the dollar in the forex market is a strategy traders use to profit from a potential decline in the value of the US dollar relative to other currencies. Shorting involves selling the dollar …
Reading Time: 3 minutes If you’re an investor and asking, “Is Robinhood FDIC insured?” the answer is yes. Robinhood revolutionized stock buying and selling by introducing commission-free trading. The feature made Robinhood one of the most popular online brokerages used by millions of users. According to Statista, Robinhood’s Q2 2022 user numbers were 22.9 million active users. Robinhood users …
Reading Time: 4 minutes Investing is tricky and risky, as nothing guarantees your investments will bear fruit. The world of investing is difficult to navigate and challenging to master. But that’s why investment platforms exist to simplify the process and steps to making your first investment. Of all the investment platforms, Robinhood emerges as one of the most popular. …
Reading Time: 5 minutes Investing in a car wash may not be the first venture that comes to mind when considering potential investment opportunities. However, the car wash industry holds significant promise as a smart investment decision. Simply put, the number of cars on our roads is constantly rising. Each new car on the road is a potential customer …
Reading Time: 4 minutes In terms of value, gold is the go-to metal on Earth. The allure of gold isn’t all down to its shininess; it’s down to its value. The reason gold is the most precious metal is all down to the allure of gold as an investment. Many love investing in gold because of its resistance to …
Reading Time: 5 minutes Finding the perfect hobby to engage in can be quite a task in a world filled with endless possibilities. But as pursuing financial independence and wealth creation gains popularity, many individuals consider investing as a possible hobby. Investing has recently become a buzzword. This is all down to the two reasons we just mentioned. But …
How to Start Investing as a Hobby? Tips for Beginners Read More »
Reading Time: 3 minutes If you’re interested in trading binary options, you may have heard of a concept called “touch trading.” Touch trading is becoming increasingly popular among traders. However, as with any new-age trading strategy or concept, it’s essential to understand how it works before you start. In this article, we’ll provide you with an introduction to touch …
What Is Touch Trading? An Introduction to Binary Options Trading Read More »
Reading Time: 4 minutes Robinhood, known for its user-friendly interface and commission-free trading, has gained popularity as a platform for individuals interested in investing in stocks and the wider stock market. However, users constantly ask whether Robinhood paper trading is possible. Despite the overwhelming popularity of the trading platform, Robinhood does not offer paper trading. This answer might surprise some …
Reading Time: 5 minutes Options trading is a popular form of investing that promises high returns. But like most forms of investing, options trading has its drawbacks. Therefore, beginner investors looking to get into options trading must ask the fundamental question, “Is options trading worth it?” Before we answer the question, we must first look at what options trading …
Is Options Trading Worth It? – Trading Essentials Read More »
Reading Time: 5 minutes As a trader, your success depends on more than just technical analysis and market knowledge. Your emotions and psychology also play a critical role in your ability to make smart trading decisions. In this article, we will explore trading psychology and provide you with the tools and techniques you need to manage your emotions and …
Trading Psychology: How To Understand Your Emotions When Trading Read More »
