How to stay safe in a volatile market?

There are a lot of traders who like to trade in a volatile market. It is very easy to make money in the volatile market. The price level of the currency pairs is moving and traders can make a good amount of money in a short amount of time. Though it is very profitable to trade in the volatile market, most traders lose their money trying to trade the market when it is volatile. Every trader tries to make money in Forex and volatile market is not the best option for making your profit. Even the most experienced traders in the United Kingdom prefer high volatility to trade. But if you are interested in trading in a volatile market, you need to know how to stay safe in the volatile market while trading for making a profit. Most traders do not know this and take this market as an upgraded version of standard Forex markets. This market is very different and if you are not experienced, you can lose your capital also. Many novice traders have lost their entire trading account by trying to trade the high impact news release. Since the market moment is extremely wild, trading at that time requires solid experience and extreme level of precision. A single mistake will result in huge loss for the traders. Continue reading

How to convert your car’s value into cash with log book loans in the UK

When you’re looking to raise funds to give you a cash injection, you might consider pawning or selling some underused or unwanted items, or even some jewellery or high value household goods. But it’s easy to ignore one of your biggest assets – your car. But why would you sell it? You need it every day and you’d be stuck without it. With log book loans in the UK, you don’t need to sell your car in order to release the equity in it and give you the cash injection you need. Continue reading

Why Statistical Principles Are So Hard to Follow

If this post was to end right where it begins, I’d answer the question posed by saying that statistical principles are so hard to follow because they go against human nature or they go against what is the manner in which we naturally interpret our environment. Obviously I’m going to go a little deeper with my exploration of this observation however, because this pursuit of building up as many passive income streams as possible is a relentless one. Continue reading

How to Develop and Use Any Skill to Create Passive Income

I think it’s now as clear as daylight that the youngest members of Generation X and pretty much all Millennials think a bit differently about the old adage of transitioning through school and then immersing oneself in an employed career until retirement age. We don’t want to be tied down like that and if there is a better way to make a living – a better way to make a good living, why not go for it? Continue reading