Learn Cryptocurrency
In the absence of a central authority, theres a lot of room for experts to build careers both within the cryptocurrency and as a critical business skill. Virtual currencies could change the way we do just about everything with the cryptocurrency system forming the basis of activities previously served by traditional financial institutions. Understanding how cryptocurrency exchanges operate and what makes these revolutionary financial transactions so, well, revolutionary puts you at the forefront of a business world built around open-source, peer-to-peer (p2p) markets.
The Basics of Day Trading
Day trading usually refers to the practice of purchasing and selling a security within a single trading day. It can occur in any marketplace but is most common in the foreign exchange (forex) and stock markets. Day traders are typically well-educated and well funded. They use high amounts of leverage and short-term trading strategies to capitalize on small price movements that occur in highly liquid stocks or currencies.
Day traders are attuned to events that cause short-term market moves. Trading based on the news is a popular technique. Scheduled announcements such as economic statistics, corporate earnings, or interest rates are subject to market expectations and market psychology. Markets react when those expectations are not met or are exceeded—usually with sudden, significant moves—which can greatly benefit day traders.
Day traders use numerous intraday strategies. These strategies include:
Scalping: This strategy attempts to make numerous small profits on small price changes throughout the day.
Range trading: This strategy primarily uses support and resistance levels to determine buy and sell decisions.
News-based trading: This strategy typically seizes trading opportunities from the heightened volatility around news events.
High-frequency trading (HFT): These strategies use sophisticated algorithms to exploit small or short-term market inefficiencies.
What is Forex Trading?
Forex Trading, also known as foreign exchange, FX, or currency trading, is a decentralized global market where all the worlds currencies trade. The Forex Trading market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the worlds combined stock markets dont even come close to this. But what does that mean to you? Take a closer look at Forex trading and you may find some exciting trading opportunities unavailable with other investments.
Learn Litecoin
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin