IQ Option Binary Trading

"When we die, our money remains in the bank... Yet, when we are alive, we don't have enough money to spend. In reality, when we are gone, there is still a lot of money not spent.

A business tycoon in China passed away. His widow, left with $1.9 billion in the bank, married his chauffeur. His chauffeur said:- "All the while, I thought I was working for my boss... it is only now, that I realize that my boss was all the time, working for me !!!"

The cruel reality is: It is more important to live longer than to have more wealth. So, we must strive to have a strong and healthy body, It really doesn't matter who is working for who.
In a high end hand phone, 70% of the functions are useless!
For an expensive car, 70% of the speed and gadgets are not needed.
If you own a luxurious villa or mansion, 70% of the space is usually not used or occupied.
How about your wardrobes of clothes?
70% of them are not worn!
A whole life of work and earning... 70% is for other people to spend.
So, we must protect and make full use of our 30%.

👉Go for medical check-ups even if not sick.
👉Drink more water, even if not thirsty.
👉Learn to let go, even if faced with grave problems.
👉Endeavor to give in, even if you are in the right.
👉Remain humble, even if you are very rich and powerful.
👉learn to be contented, even if you are not rich.
👉Exercise your mind and body, even if you are very busy.
👉Make time for people you care about.

LIFE IS SHORT... ENJOY & LIVE LIFE TO THE FULLEST!!!
🔹Love God and others More!✔
🔹Take time to PRAY and Read the Word of God! ✔
🔹Drink Plenty of water. ✔
🔹EAT:
Breakfast like a KING,
Lunch like a Prince &
Dinner like a pauper. ✔
🔹Live with the 3 E's--
Energy,
Enthusiasm &
Empathy.✔
🔹Play good games.✔
🔹Read more books than you did in 2018.✔
🔹Sit in silence for at least 10 minutes each day.✔
🔹Sleep for 7 hours.✔
🔹Take a 10-30 minutes walk daily And while you walk...😊 Smile.✔
🔹Don't over do. Keep your limits.✔
🔹Don't take yourself so seriously. No one else does.✔
🔹Don't waste your precious energy on gossip.✔
🔹Dream more while you are awake.✔
🔹Envy is a waste of time. You already have all you need.✔
🔹Forget issues of the past. Don't remind your partner with his/her mistakes of the past. That will ruin your present Happiness.✔
🔹Life is too short to waste time hating anyone. Don't hate others.✔
🔹Make peace with your past so it won't spoil the present.✔
🔹No one is in charge of your happiness except you.✔
🔹Smile and Laugh More.✔
🔹You don't have to win every argument, Agree to disagree. ✔
🔹Call your family often.✔
🔹Each day give something good to others.✔
🔹Forgive everyone for everything.✔
🔹Spend time with people over the age of 70 & under the age of 6.✔
🔹Try to make at least three people smile each day.✔
🔹What other people think of you is none of your business.✔
🔹Do the right thing!✔
🔹GOD heals everything.✔
🔹However good or bad a situation is, it will change.✔
🔹No matter how you feel, Get up, Dress up and Show up. The best is yet to come.✔
🔹When awake in the morning Thank GOD for it.✔
🔹Your Inner most is always happy...
So, be Happy. ✔

▶LAST BUT NOT THE LEAST
Please 👉Forward This To Everyone Whom You Care to.

How to Start Trading in 2021?

2020 was a year of rapid volatility on all the trading markets, and the sharp ups and downs attracted many new traders, among which many succeeded in taking advantage of the conditions. But as countries and businesses are recovering and adapting to the new reality, such drastic price swings aren’t as common. So are there still opportunities to be found in trading, and if so, what are the steps one may consider taking to start trading online in 2021?

The answer is yes: online trading is becoming more popular and even if the intense volatility stayed in 2020, the possibility of considerable outcomes didn’t. So, how to start trading in 2021? If you are a novice trader, somebody who just recently discovered the world of online trading and you don’t know what the key points to consider are, you need to know one important fact: rash decisions won’t bring any good.

Many traders lose their hard earned money within the first couple of weeks of trading — they dive straight into trading, without learning anything about the way trading works. Such an approach is not going to bring any positive outcomes, so instead of hurrying, take your time to nail down the very basics of trading. Read our guide below including five basic steps you may take into consideration should you decide to start your trading journey in 2021.

1. Choose your trading instrument
Contrary to what others may say, choosing the right trading instrument for you is one of the most important things to do when you are just beginning. What do you prefer: Stocks, Forex, Cryptos? Maybe you are specifically interested in trading commodities? Or maybe you don’t mind trying it all.

Regardless of what you end up picking, this step will encourage you to study, even if briefly, about every trading instrument out there. This way you will know what’s available to you and what the pros and cons are.

2. Pick your broker and open an account
This one may seem obvious, but choosing your broker is just as important. The available trading assets, fees, spreads, deposit and withdrawal conditions will all depend on your broker. There are many comparison articles about different online brokers out there: compare the existing brokers and choose the one that suits you best.

Register an account and learn all about the features and analysis instruments that are available. Make sure you understand the interface and that it’s easy for you to use. This will ensure a smoother trading process.

3. Get a grasp of the market
To understand the full picture of what you are dealing with, start following market news. Such resources as Yahoo Finance, Google Finance and Investing should already be in your bookmarks, make sure that you check them daily to stay on top of the news.

To better understand the very basics, you may check the must-read books for traders that are gathered in this article. Books are a good way to get familiar with the world of investing and trading, without rushing to make big deposits straight away.

4. Learn about technical and fundamental analysis
What do you see when you look at a price chart? If you see a price that goes up and down, you see only a small fraction of what’s actually there. Volatility, consolidation, choppiness — all these terms have a meaning and it’s important to learn what actually makes the chart move. Analyzing the chart is a huge part of a trader’s approach and outcome. Without analysis, one can only guess, and guessing is not a valid trading approach.

Mastering fundamental analysis may give you a skill of planning your next trade after reading a piece of economic news, while acing technical analysis might give you the ability to find patterns in the price chart and take advantage of them before anyone else. Learn all about chart patterns, timeframes, chart types, indicators and the economic calendar.

It may seem like a lot of information to take in at once, but you don’t have to. Spread the topics and take them in one after another. Too much information might only confuse you — it is important to take it slow and pay attention to what you are learning about.

5. Practice
Many brokers, including IQ Option, provide a Practice account which you can use for practicing as long as you like. No need to use real money, especially not until you have a working trading approach all planned. Make lots of trades and try different assets, time periods, test different indicators and find what is best for you. Don’t forget to analyze both your successes and failures to understand what should be corrected.

Another important point to remember is risk management — include money management techniques to your trades and later on make sure to carry them through to the Real account as well.

Conclusion
It is never too late to become a trader, but it is important to enter this field with a deep understanding of how trading works. This is why spending time on theory about the markets is never a waste of time. Extensive practicing may allow you to build better trading approaches, but always keep risk management in mind and actively include it in your trading. Test your strategies and don’t get discouraged by failures — they are a part of the learning process.

FUNDAMENTAL ANALYSIS

How INTEREST RATES (%) influence traders?

Traders are influenced by the rates at central banks as well. When buying one currency against another in a forex transaction, you are essentially taking ownership of that currency using the counter currency as the funds of your transaction. For instance, if you are buying the NZD/JPY (New Zealand Dollar/Japanese Yen), you are borrowing JPY to buy NZD. If you borrow, you pay the borrowing cost (interest rate) to get those funds, but on the flipside, you are earning interest on that which you bought. If the JPY has an interest rate of 0.10% and the NZD has interest rate of 2.50%, you are earning more interest than you are paying for the transaction.

Some investors take a long-term approach of borrowing low interest rate currencies and buying those with high interest rates, a strategy called the “carry trade.” While the carry trade can be profitable, when only considering the interest earned it is typically negligible. The values of the currencies against one another plays a much bigger role in the day-to-day profitability of the position, and can far outweigh any interest earned.

🔹Hawkish

This is a term referring to a central bank that is either talking about or actually raising interest rates.

🔹Dovish

This is a term referring to a central bank that is either talking about or actually cutting interest rates.

🔹Quantitative Easing

This is a method of cutting interest rates where a central bank will cash in some of its holdings and buy bonds; most of the time these bonds are long term. By entering into the long-term bond market, they are increasing demand for those bonds therefore driving down the interest earned on them. The goal of such a measure is to keep interest rates low to encourage more borrowing.