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Why simple trading approach is the best way to earn money

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Why simple trading approach is the best way to earn money

No one should trade the market with a complex trading system. Those who are taking their trades with a complex trading method are always losing money. You need to understand the simple fact, success lies within simplicity. Novice traders often think that by using too many variables and tools, they can avoid losing traders. In reality, they can’t avoid losing trades even after doing the in-depth data analysis.

If you want to become a professional trader, you must learn to trade the market with a simple approach. Once you do that, you will become much more confident with your actions and thus you will be able to earn more money.

Reduces the stress

Those who are using a simple trading system can easily trade the market without having any stress. You need to understand that the market nature is unpredictable. Once you realize that you have no control over the results from your trades, you will slowly learn to trade with low risk. Even if you use a low-end trading method, you should be able to make a profit by following simple risk management rules. On the contrary, when you take the trades with a complex trading method and face lots of stress, you will keep making silly mistakes and eventually quit your trading profession.

Analyze the expert traders’ actions

Before you become a full-time trader, you should analyze the expert traders’ actions. By analyzing the experienced traders’ steps, you will know a lot more about the market. Visit this page and learn more about the professional approach to trading. Once you do that, you will no longer feel the necessity to trade with a complex trading method. Some experienced traders frequently take their trades based on simple price action trading methods. With the help of the simple candlestick pattern, they execute high-quality trades in the market and make a big profit. So, stop trading the market with a complex trading method as it will make your life hard.

Ride the trend

To become good at trading, you should learn to ride the trend. Once you master the trend trading method, you will never again feel it necessary to use a complex trading method. Learn to use the trend line tool effectively and find profitable trade signals at the major support and resistance level. While doing the data analysis, focus on the higher time frame so that you don’t have to mess things up. Novice traders often try to trade the trend in the lower time frame. In the lower time frame, no one can find the perfect direction of the trend. Traders end up trading the market along with the retracement phase. To avoid such problems, stick to the higher time frame from the start of your trading career.

Use the classic chart patterns

As you gain more experience in the retail trading industry, you should slowly learn to take your trades with the major chart pattern. You may say that the chart pattern trading method is a very tough task. However, if you do an in-depth analysis, you will realize chart pattern trading method is one of the easiest tasks in the market. If you want to become good at trading, you must learn chart pattern trading. Once you learn this, you can even trade the major reversal with precision. However, while using the chart pattern, you might get overconfident. Make sure you learn to control your emotions or be ready to lose money.

Conclusion

You have to think like a smart trader to change your life. Stop working hard and try to focus on the quality trade signals. Take your trades at the major support and resistance level and be confident with your actions. Never lose hope in your trading strategy even though you might have to deal with frequent losing orders.

BUSINESS

Consider Venturing in the First Cross-Launchpads Platform

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Consider Venturing in the First Cross-Launchpads Platform

WhalesShare, the very first cross-launchpads platform, has traveled the space and reached us with a great vision. It addresses the complications crypto investors face and provides the ultimate solutions for their sake. “Now wonderous doors for development are to open before you, and crypto investment has never been more easily facilitated,” said Whalesshare.

The First and Only Cross-launchpads Platform

According to CryptoMinati Capital, “Launchpads provide regular investors the opportunities that were previously only available to venture capitalists and other large-scale investors.”

However, as golden as the process of entering an initial coin offering (ICO) is at first glance, things are not always as they seem. A significant number of the most favorable launchpads has preserved great opportunities for those whales with large capitals and left the early investors to take the crumbs.

WhalesShare says that their Cross-launchpads Platform is the way to go from now on.

Three Main Problems Solved 

First, Crypto investment barriers are resolved as guaranteed allocations become a reality.

WhalesShare’s mission, as they claim, is to bring the best to their community. Crypto launchpads platforms provide a space to launch new coins, crypto projects and raise liquidity. Everybody knows that they will be the next big thing in the crypto landscape.

WhalesShare, being a community-oriented firm, provides the first cross-launchpad to compensate for the pain points of the current launchpad model. WhalesShare aims at restoring the democratic air to the crypto landscape so that more people can put their hands on lucrative tokens and significant investments.

The problem with the conventional launchpad model lies in it being controlled by a few global corporations. It usually involves complex tier systems and insufficient IDO allocations. WhalesShare introduces a brilliant pooling system that stands in a class by itself to solve this problem.

The main premise for WhalesShare is based on a massive scale collaboration where the best opportunities, tasks, and revenue are distributed accordingly. This offers the community members and investors fair access to their favorite projects’ allocation pools. Moreover, it is always guaranteed, and everyone can benefit from it regardless of their tiers or budgets.

We are the Bridge for those unable to join the Launchpads.

Since its inception in 2009, Bitcoin has been subject to controversy. Other cryptocurrencies are no exception, of course. Among the criticism hailed at cryptocurrencies, one hears of its volatility and the absence of governmental legality, which might open the door for nefarious transactions. Some countries have banned cryptocurrencies, while others have imposed limitations on the way people use them. It is unfortunate that investors may miss such a great chance only for this reason.

Residents of some countries such as the United States of America, United Kingdom, Canada, Australia, and many other countries are blocked from participating in many starters’ platforms due to the laws of the countries in which these platforms were established. WhalesShare aims to act as an intermediary or a bridge that enables investors to participate in the launchpads’ projects they desire.

Supporting nodes and validators that serve the blockchain have become more lucrative for everyone.

WhalesSahre has given much thought to this aspect of its blockchain business. Nodes and validators constitute the backbone of blockchain networks. Validators seek to fulfill the network’s needs to get the most high-performance blockchain. Based on their purpose, which can range between processing, verifying transactions, solving complex computational math problems, and participating in consensus, their requirements and tasks vary from one blockchain to another.

More importantly, validators are the moderators of the staking system. Thus, they play an essential role in authoring new blocks on the chain. To secure the most decentralized space ever, Whalesshare fore-seeks many excellent validators. This creates a variety in the staking options for the community. More importantly, it ensures high system protection as it does not allow any wealthy individual or entity to control the network.

WhalesShare claims that they will cover all technical requirements and create easy-to-join pools where shareholders share the expenses and the tasty rewards! For starters, tens of attractive node-validator opportunities would be available very soon on the platform. They begin with Solana, Polkadot, Avalanche, and Cardano, as they are trendy and super-fast growing blockchains.

To conclude, WhalesShare, as the slogan says, aims to create democratic opportunities for anyone with any budget and join and benefit.

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BUSINESS

Black Insure a personal finance company founded by Michael Aremu & George Oni

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Black Insure a personal finance company founded by Michael Aremu & George Oni

Founded by Michael Aremu & George Oni in October 2020, Black Insure is a personal finance company that serves as a digital matchmaker to underserved communities. 

A core problem within the communities they serve was a Lack of knowledge regarding finance & finance related products, low trust between minority communities and financial instituitons due to historical financial discrimination among minority communities.

“After experiencing the disparity and limited inclusion of people of color within the financial system, we knew that something had to change and that is why we started Black Insure to build better bridges. By educating, leveraging technology, people and partnerships, we hope to create a better society where finance is open to everybody and it is our life’s mission to accomplish that.” As said by the founders.

Black Insure has built a free and easy to use platform that provides  7 financial pillars of services which include: Insurance, Loans, Credit cards, Debt Solutions, Business, Banking & Investing. They  tailor-make content & services in these various pillars that are specifically made and targeted to our target demographic. They  also put a twist on it to make it fun & relatable.

They have built some notable partners with big financial institutions in America from Insurance companies to Lenders, debt solution providers, brokerages and much more. 

Their 3 main pillars are Insurance, Loans & Debt Solutions :

  • Growing demand for various Insurance products within the community
  • Lack of awareness of loan products that majority of households qualify for
  • The black median household debt is $30,800. Only 40% of these families have good credit leaving 60% with fewer options of acquiring debt for growth such as homeownership, starting/growing a business

Black Insure is mission-driven and focused on bridging the financial wealth gap and financial disparity in America.

To learn more about Black Insure, check out their platform

https://www.blackinsure.com/

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BUSINESS

Magento Development – Best Way to Develop and Design Your Online Store

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Magento Development - Best Way to Develop and Design Your Online Store

Magento is one of the most significant websites available on the internet. This website is famous for offering the best and the most common customization options to users. Nowadays, Magento has become the most efficient and popular e-commerce market in the world. A person must know about Magento Webshop.

There are several benefits that you can have by using Magento. Magento has helped a lot of people in building, designing, and developing their online stores. Some of the most prominent features and benefits of using Magento for development are as follows.

1.      Powerful and efficient platform

The first and the most significant benefit of using Magento for developing and designing websites is that this is one of the biggest and strongest platforms. This is a powerful platform that can meet all your needs and requirements of starting an online business. So, if you are using Magento for store development, you do not need to worry about its performance and efficiency. 

2.      SEO friendly website

The second most prominent benefit of using Magento for business development is that Magento is SEO-friendly. This website was built by keeping SEO in mind. This website generates SEO-friendly options and URLs. 

3.      Fast loading website

One of the most important benefits of Magento 2 is that it is a website having great speed. The world is full of users, and Magento 2 is famous for having a matchless loading speed. According to Google statistics, the majority of the users do not use those websites that take more than 3 seconds to load. Magento is often used as it has a great loading speed.

4.      Flexible and better content management

One of the most important factors and benefits of Magento and Magento 2 shows that Magento is one of the most flexible websites. Magento allows the most customizable options to the customers. Magneto has an efficient, intuitive page editor. 

5.      Highly customized website

Another prominent point that can show that Magento Development can be beneficial for you is that it offers customized options for the people. People can have the right chances and categories to improve things. Everything is customizable on Magento Development. You need to develop a highly developed and customized store that is equally coded from the start. The platform should also offer several options for payment methods, shipment options, and different languages for better ease of customers. Magento has proved to be the most functional platform.

6.      Better reporting 

Last but not least significant thing that can show Magento development is a great way that helps in designing and developing the online store is that they offer advanced reporting. Countless high-end reporting features offer almost 20 reports in the web interface. The major insights of the business, such as custom products, services, and orders, are given a reporting feature. 

The final words

These are some of the most significant points that show the benefits of Magento Development. These points show that Magento Development is the best way to design and develop your online store. 

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