Important factors to consider before trading the live assets

What is crucial in trading? Is it trading? Definitely, it is not trading. There are many other things which should be considered as crucial. As examples, selecting a broker is crucial, selecting a platform is crucial, selecting a trading method is crucial, and there are many other things which are crucial. Sadly, most of the traders give less attention to the crucial parts. If you consider the Singaporean traders they are not as the ones we have mentioned above. They have given 100% attention to the crucial part of trading as they knew that the platform plays the major role in Forex. So if you want to trade the market as a successful trader you should learn to take the important decisions. How do you make the right decision? What will a naïve trader do? What are the key factors to be considered?  If you read the article you will definitely understand the importance of a platform and you will understand the ways to make a decision.

As we said above platform is one of the crucial things in your trading career so you should give the necessary attention to it. If the platform does not suit your trading style then it will be difficult for you trade the market. When you are not comfortable with the platform you cannot trade successfully so you should make sure that the platform is comfortable enough. You should not consider the decision of selecting a platform as a minor thing because it is not. Read the article to understand better.

Wider accessibility

You know that mobile phones are something which everyone one of us carry anywhere we go so it’s important to find a platform which can be accessed through your mobile phone. From booking a hotel to reserving tickets to movies will be done through the mobile phones so why not the platform? If the platforms are accessible through the mobile phones it is a great exposure for the traders. In fact, it will enable you to trade online meaning you can place trades online. Every professional trader takes the time to select the best platform as they need a platform which offers the wider accessibility. If the platform offers wider accessibility it is advantageous for the trader’s career and knowledge.

Essential Information

The essential information should be obtained from the platform so it can be called as the best trading platform. So keep in mind when you are searching for a platform it should be something which offers you standard experience and essential information. If you want to know the price-earnings ratio, income statement, stock quote, dividend yield, or anything you should be able to obtain it from the platform itself. If you are able to get hold of a platform as we mentioned above you will be able to succeed in the market easily. You should understand that platform is something which acts as a basement for your trading so it’s in your hand to select the strongest basement. Moreover, you should not select a RANDOM platform to trade as it will impact heavily on your trading career. Keep in mind that each and every successful trader has achieved success due to being intelligent when selecting the platform. If you want to trade like a pro trader and if you want to become successful you should not treat crucial things as a minor factor.

Tools for trading

You will be able to obtain the trading tools from the platform so make sure to pick the perfect platform by analyzing thoroughly. If you have the smart tools you will be able to execute trades in a successful way. For instance, if you trade with SaxoTraderGo platform then we can assure you that you will have all the cutting trading tools to do your technical analysis. Most importantly you will be able to execute your orders at a lightning speed.

 

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5 Reasons to Invest in P2P Lending Now

P2P lending, popularly known as crowdfunding, provides individuals and institutions an opportunity to earn passive income through investing in business loans to growing and deserving SMEs. Returns on investment are in the form of repayment of periodic interest along with the principal, based on the amount that investors have put in. In a single loan, there could be hundreds of investors who co-invest and share the risks and returns of investment.

This concept first appeared in 2005 with Zopa  (founded in the UK), and has become a proven investment product globally. In 2016, more than US$330 Billion has been invested in P2P lending with China, US and UK as market leaders.

Can you guess where’s the next region of growth for P2P lending? That’s right – Southeast Asia. Funding Societies (based in Singapore, Indonesia and Malaysia) is one of the leading platforms in this region with licenses/approval by regulators in all 3 markets.

Here, we give you 5 compelling reasons to put your money into P2P lending :

1. Returns are higher than most traditional investment products

One of the key factors in any investment is what you get in return.

In Singapore, investing in P2P lending can potentially earn you up to 14% per annum returns on your investment. This is much higher than 1%-2% per annum on Fixed Deposits or 2.5% per annum on your CPF account.

2. And you don’t need to wait for years to see your returns

The typical tenure for these business loans range between 1-12 months, so unlike fixed deposits or insurances, you don’t need to lock your money in for years to see the returns. In addition, you get the interest as well as principal back on a monthly basis, allowing you to unlock the cash and provide opportunities to reinvest the money and creating a compounding effect.

3. You can invest even if you’re a fresh grad or NS man

Funding Societies is the only platform that allows investments starting from as low as $100 (minimal investment on other platforms is usually $1,000 per loan), which means literally anyone can invest. It allows one to test the platform before increasing the amounts and also provides opportunities to diversify into multiple loans even with a small starting capital.

4. It’s a simple product that doesn’t require any technical knowledge

Some investment products require a high level of technical knowledge plus a close watch on the market movements.

P2P lending is simple and straightforward. It’s easy to understand the factsheet (prepared by the platform) which covers the SME’s business model, track record, financials and purpose of loan. Investors can make decisions based on the factsheet. If you are too busy to review every factsheet, Funding Societies has an auto investment feature which lets you select your investment criteria and make the investments automatically.

5. Southeast Asia’s leading P2P platform is in Singapore

Most Singaporeans prefer to invest with companies with (i) a solid track record, (ii) operations in Singapore.

Since starting its operations in Singapore, Funding Societies has already expanded to two more Southeast Asian countries over the last two years – Indonesia and Malaysia. It is the only P2P lending platform to have won Monetary Authority of Singapore (MAS) Fintech Award in 2016 and was recognised as one of the Top 250 Fintech companies globally. It is backed by world class venture capitalist Sequoia Capital who have invested into companies like Google, Apple, Airbnb and Carousell amongst many others.

More than 19,000 investors are already on Funding Societies’ platform regionally, and the reasons:

  • LICENSED AND REGULATED: Funding Societies is licensed in Singapore by MAS and is a regulated entity. It uses escrow account for investor funds managed by a licensed trustee ensuring safety of investor monies.
  • HIGH QUALITY INVESTMENTS: Because of the rigorous risk assessment that Funding Societies does on the companies before offering the business loans for crowdfunding, the investments are good quality and at the lowest default rates in town.
  • EASY TO INVEST: Investors can make their investments and review their portfolio on the go with Funding Societies investor mobile app. With Auto-Invest, investors just need to define their preferred parameters and let the system do the work.
  • SKIN IN THE GAME: The top management at Funding Societies believes in ALL the business loans that they give, they invest in every single loan. As CEO Kelvin Teo says, “We co-share the risks and rewards of investments with you.”

Sign up for your investor account with Funding Societies now.

Disclaimers

This article is contributed by Funding Societies.

It should not be construed that Moneydigest is endorsing this article or any of the products and services provided by Funding Societies.

Nothing in this article should be construed as constitute or form a recommendation, financial advice, or an offer, invitation or solicitation from Funding Societies to buy or subscribe for any securities and/or investment products. The content and materials made available are for informational purposes only and should not be relied on without obtaining the necessary independent financial or other advice in connection therewith before making an investment or other decision as may be appropriate.

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Always develop your trading strategy from the scratch

There a lot of traders in forex industry who think that only they are smart and other traders do not know how to make money in an easy way. These smart traders do not like to work hard on developing their strategies and like the homemade strategies which are given for free on the websites of Forex. Though these websites swear all their strategies are best and you can make money with any of them, you will find that some of these strategies are not even strategies. They have only filled some space in their websites and trying to sell you whatever they can. Making and developing a strategy in Forex is not that easy. For an experienced trader, it takes years to make money and develop their strategies. To be precise nothing is ready made in the world of forex. Those who trade in Singapore knows very well that in order to make money they must educate themselves properly so that they can trade with precision.

So the question that arises in the minds of other traders who are reading this article is to how to develop my strategy? If the other strategies are wrong, is there any way I can develop my own strategy? This article contains the answers to your questions and as you read more, you will find many new things about Forex.

Build your strategy from scratch

If you are planning to develop your strategy, do not think you will take some strategy from many websites and you will try them all one by one. The strategy that gives you the most profit is your working strategy. You will no need to work on the market and you get yourself a developed strategy which works best.

If you want to be a professional trader in Forex, you have to build your strategy from the scratch. Have you ever seen a Michelin star restaurant how they prepare their own meal? From making pasta to preparing the spices, all the things are done by their chefs at the chicken. There is no chance for using any homemade spices which are not made by them. It is only for these reasons these restaurants can charge you thousands of dollars for having a one-course meal. If they bought all the spices and make homemade foods like other restaurants, they will not have earned those Michelin stars. Similarly, when it comes to trading you need to execute your trade in your online trading account with your own developed system. If you follow other people trading system then you will never be able to follow discipline. You need to find such a strategy which will suit your personality. And for this reason, the expert traders always suggest trading with a well-developed trading strategy based on the trader’s personality.

Facts about trading

Trading in Forex and becoming a legend player to live an exotic life will need you to make your strategy from the scratch. There is no website you should use to develop your strategy. Only take help when you do not understand. Use all your own things for making your own strategy for success. At your initial stage, you should use your demo trading account to build your own trading system. Instead of risking real money try with the virtual dollar so that you don’t face any financial loss. But in order to develop a winning system you need to educate yourself with the proper knowledge or else you will never be able to develop a solid trading system.

Summary: Building your won trading system is very hard especially if you are new to this industry. You need to use the demo account and trade with a reputed broker like Saxo. Make sure that you develop your trading system based on the major three types of analysis so that you can deal with the dynamic changes of the market.

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Secrets to becoming a profitable trader in the forex market

Every single day the number of retail traders in the forex market is increasing at an exponential rate. If you look at the professional traders then you will see that every single one of them is trading the live assets after learning the market basics perfectly. Unlike the professional traders at Saxo, the novice traders consider forex trading as a get rich quick scheme and ultimately lose money in real life trading. Forex trading Singapore is very much popular nowadays since most of the retail traders are well aware of the profit potential of this high leverage market. Though the market offers an extreme level of profit potential but the success rate in the forex market is extremely low. In this article, we will discuss the secrets of becoming a profitable trader in the market.

Solid trading discipline: The forex market is a high volatile market and in order to make a profit in the financial market you need to have a solid trading discipline. Most of the novice traders are losing money in the financial market since they don’t trade the live assets with strict trading discipline. The experts in the forex market always execute their orders by following proper trading discipline since they know this is one of the key ingredients to remain profitable in the forex market. If you look at forex trading Singapore then you will notice that the rookie traders are even making a decent income at the end of the month due to their strict trading discipline. So if you think trading as your full-time profession then make sure that you trade with an extreme level of discipline.

Develop a solid trading system: Every single second the price of certain assets in the financial second is changing. The professional traders use this fluctuation of the price and make money in the online trading world. Forex trading Singapore is now very much popular since most of the traders know very precisely how to execute the perfect orders in the market. But in order to develop a perfect trading system in the market, you need to have a very clear understanding of the financial factors and technical analysis. Try to read as many articles as you can since it will enhance your trading knowledge in the market.

Perfect risk management factors

Some of you might often ask is there any holy grail in the forex market. The simple answer to this question is, YES. In the eyes of trained professional perfect risk management factors is considered to be Holy Grail in the forex market. As a professional trader, you should always make sure that your winners are bigger than you losers in the market. Most of the novice traders in the financial market tends to lose their patience and trading discipline after incurring few consecutive losses. But if you look at the expert traders then you will notice that every single one of them is following proper risk management factors in every single trade since they know it’s the key ingredient to becoming profitable in the long run.

Summary: Trading the financial instrument is an art and it requires pin perfect execution of the trading plan. If you truly want to become a professional trader in the forex market then make sure that you follow the above-mentioned tips in this article. It’s true that you will often have some losing orders in the market but you need to make sure that you are still holding your trading discipline very strictly. And always try to trade in favor of the long-term trend in the market with price action confirmation signal to reduce the risk exposure.

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Top 5 Investments Business Owners Should Make

When you run a business, whether it’s a small start-up or a large corporation, you need to be confident in where you invest all company profits. Pumping a lot of the money back into the business is the place to start in order to help it grow and remain profitable. Yet there are many other areas in which you can invest as a business owner that will provide dividends to gain further profits for strengthening the firm. Here are five of the best investments for business owners to make.

  1. Penny Stocks

Especially for start-ups, new and small businesses, penny stocks are a great place to start for any business owner making their first investments. These are companies that trade with exceptionally low share prices (usually £3 or less), which means a lot of shares can be invested in with a low amount of capital. They are a highly volatile investment but do make a great starting place for learning the basics of investing.

  1. Forex

If you want to find a reputable way of making some extra money for your business by investing profits, then forex trading with Fx Pro is a good option. There are a number of safe currencies to invest in during times of uncertainty, or more risky choices if you’re feeling brave. For beginners or experts, it offers a good way to boost profits across international currency markets.

  1. Equity

Buying an ownership stake or equity investment in another company can provide additional capital for your firm. Obviously, it is highly inadvisable to invest in any competitors. Finding a successful company or one that is on the rise to take an ownership stake can result in good percentage profits for your business, as long as it doesn’t perform poorly or go bankrupt.

  1. Property

Real estate is a great way to enter an entirely new market and with house and rent prices still rising, it can be incredibly lucrative. It may be better to invest in commercial property, related more to your business though, such as buying your office rather than renting if you have the profits. This provides a useful asset and one that will hopefully grow in value.

  1. Bonds and Mutual Funds

For long term, safe investments bonds and mutual funds are the go-to option. Government bonds are some of the safest investment options out there, while mutual funds can be found that have low risk attached to them. They provide a good place to learn about market trends without the risk of losing big in one go.

Consider these five investments if you’re a business owner looking to put your profits in a worthwhile place.

 

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