Category: My Blog

This Is One Software That I Can Trust Even With My Eyes Closed

This Is One Software That I Can Trust Even With My Eyes Closed

 

I have been scammed enough!

I began trading two years ago when I lost my day job. Ever since I have been looking for a new job but without much success, I came to know about online trading from a friend who was studying with me at the university. Apparently and he also told me that his luxurious lifestyle and fancy living was all due to online trading.

Obviously, I got interested and I asked him to explain to me. Too many unsuccessful attempts later and having been robbed of precious savings, I was almost about to call it quits with online trading when another friend of mine told me about uTrader SpotOption trading software. I had only $300 left in my account then.

I decided to test my lady luck!

That moment of dilly-dallying actually tested my faith. I finally decided to put my money into this new software expecting nothing biog to come out of it. My mindset was that if I were even able to recover my own balance I would be very grateful.

Wait, but something amazing was waiting to happen in the wings!

This software which touts its return to be pegged at eighty-five percent was a god sent for me. In only a couple of hours, I had made about $100 in profit. I could never have believed my eyes. I double checked all the charts and made sure that I was seeing and clarifying the right thing!

Yes, the software was a completely legit one.

I could sense that excitement going up and down in my body. This euphoric feeling was something that I had never ever encountered because I had never been able to make any profits at all in my two years of the trading stint.

But here was mind-blowing software that almost blew me over with its integrity and professionalism. It has been more than a year since I have opened my account and I must tell you that I have been able to make quite a lot of savings.

My wife believes in karma:

She tells me that all the money that we are able to earn through this superb software is God’s own way of returning all the money that we lost to the spineless fraudsters who never bat an eyelid even after looting thousands of dollars from gullible traders. Sometimes, she wonders aloud if they even get sleep or if they will ever be ridden of their guilt of cheating so many people!

 

Best Tips To Earn More Profits Trading Cryptocurrencies

Best Tips To Earn More Profits Trading Cryptocurrencies

Trading is one type of investment that comes with no rule book. You get to set your own rules and you get to decide how much profits you want to make. With the freedom to extend your investment at any point and with the freedom to start or stop at any time, this is one of the most flexible investments out there. Trading can be done either after a deep study about the various instruments and the types of trading strategies or with the easy trading bots like uTrader.  When you choose cryptocurrencies you are in luck because there are not many regulations at the moment. But even if the regulations are brought in place it would only make things better for the crypto traders. The factors that affect the price changes of cryptocurrencies are very much different from the factors that affect the other markets. With many countries actively coming forward to introduce laws governing cryptocurrency trading, there is a severe tension in the market. There are many investors who are waiting for the prices to settle down and for the volatility to reduce. But there are many others who are proactively making use of the volatility and making quick profits.

Here are some tips that would help you maximize the profits made as a crypto trader-

Do not ignore bitcoin

You might find a lot of variety when you invest in altcoins but bitcoins are still considered to be profitable. Though this coin has seen a lot of growth there is still space for growth. So if you have the capital to afford bitcoin investments it is a strong choice to have as a backup.

The top crypto assets would talk a lot about the market

There are numerous altcoins but there have been many that have grown nearly as big as the bitcoins. Look for the top ten crypto assets in the market. An observation of the performance of these assets would help you understand the performance of the crypto market in general.

Buying the dip might be clichéd but it is still a valid option

When there are some major political events there tends to be a dip in the crypto market. While many do not buy the dips anymore, this is still an easy to follow strategy for the new investors.

The choice of crypto assets and the choice of exchanges also influence the profits you make. So take careful decisions to become a better crypto trader.

Perks Of Side Businesses

Perks Of Side Businesses

Owning a side business not only helps you with some extra income but can also benefit in many ways.  Starting a business needs a lot of efforts and struggles until it is well settled. It has many risks involved and not many dares to undergo this tedious process. But once the business is set one can find a lot of benefits. Business can be simple as trading in various financial assets using the trading software QProfit System, check this to learn more about it.

1) Control over your finances: You can have a small side business while working on your job. So in case, one day you suddenly lose your job or are not able to continue with it for some reasons, you still have a backup plan to rely on. You can keep working on getting back to your job or finding a new one and in meantime; your side business can support you.

2) Experience: Starting a business, no matter how small or big it is, needs a lot of skills and efforts. It requires you to work on many areas at the same time, adding a lot of experience in your work profile. You can use these skills in your full-time job to accomplish your tasks faster and with great efficiency.

3) Side Business to full-time business: Many people who started their side business, maybe just as an additional source of income, ended up working with it full time. You never know what works in your favor, a small idea can grow into a very huge business that no one had imagined. Starting a side business allows you to work on it at your pace and it is not the only income. Learning from the mistakes can help you settle in the business slowly but surely.

4) Repay your debts: You can do a lot of things with the extra income that you get from your side business, an important one to repay your debts sooner. Loans always come with a lot of additional expenses that can keep on increasing. Hence it is important to get out of these debts as soon as possible. A side business can definitely help to reduce the load on your salary.

5) Pursue your passion: It is true that not everyone loves the job they do. Sometimes you have to do the work so can earn a stable income to support your family. A side business, on the other hand, is something you can do to pursue your passion. Some may have the skill of creating beautiful paintings and also earn some cash by selling them.

Terms To Know If You Plan To Open A Merchant Account

Terms To Know If You Plan To Open A Merchant Account

What is the first step to being initiated when you are planning to venture into a business and make your products available on sale either through an E-commerce site or in a physical store? To open and activate a merchant account exclusively for receiving payments and settle payments. The customers in the current world are inclined more and more towards online payments irrespective of whether the items are purchased through the internet or from the brick and mortar center.

It, therefore becomes crucial for your smooth operation that an efficient merchant account is attached with your business and here are some terms associated with the same, in the context of usage:

 

Merchant Account Provider: The bank or the financial institution that provides a merchant account to the merchant for settling card transactions and online payments.

Merchant agreement: The account is usually opened by the completion of a merchant agreement between the account provider and the merchant and sometimes the payment processor or marketing organizations also form a party in the agreement. Once the agreement has been made effective, the merchant has to abide by the regulations issued by the card association authorities.

Payment Gateway: The secure channel for the transfer of payments to the merchant account from the card account holder who carries out the purchase. Payment gateways can also handle digital currencies, provided they are not affected by any QProfit System scam.

Payment Processor: The financial institutions that work in the background to process the payment authorizations back and forth between the bank and a merchant account through the payment gateway in such a way that the security of the transaction is maintained.

Point Of Sale: The point at which the total billing amount for a purchase is calculated and an attempt is made to pay off the bills usually through a virtual terminal by card swiping or manual key entering.

Credit Card Terminal: The independent electronic equipment on which a card is swiped for making payments or details are entered through keys on its keypads. Some stand-alone machines may have a small printing machine attached to them.

ARU: ARU stands for Automated Response Unit and is a method in which the manual method of entering the keys for validating a card transaction is completed through telephone lines or mobiles.

Discount Rate: The charges to be paid by the merchants in the form of fees, bills, taxes, dues, network charges etc for maintaining a merchant account.

Basis Points: The basis for calculating discount rates which are 1/100th of a percentage point.

 

 

Pros Of Cons Of Bank Loans

Pros Of Cons Of Bank Loans

The loan is just getting the amount from the organization or bank to either a  person or some other organizations. The loan can be given either for starting up a new business or for getting some equipment to develop the business. A loan will build a bridge between the lender and the borrower. The borrower has to pay an interest which will be calculated based on the principal amount and it should be paid by the borrower to the lender on a regular basis. The banks and other credit card companies consider providing loans as one of their main activities. Because they can earn more money by collecting interest from the borrowers. We can just click on uTrader review and learn the rules and regulations for getting a loan from the banks.

Advantages of bank loans:

Taking a loan in the bank is not an easy thing.  have to submit many documents to the bank to approve the loan amount for our business. The secured and unsecured personal loans have many advantages and disadvantages in it. Let us first discuss the advantages of the loan.

  1. Flexibility:

The bank loans are highly flexible and it allows us to pay the installments online. We can also overdraft the payments when the bank once demands it. The bank will never care about the purpose of getting a loan, so we can invest the loan amount in any business which suits us very well.

  1. Cost effective:

Taking loan in a bank is cost-effective because once we use overdraft or credit cards for getting loans, the interest rate will be 13% whereas, for a bank loan, the interest rate is just 8%. So, it will definitely help us in saving our money.

  1. Benefits of tax:

The interest we pay to the bank for the loan amount we get is a tax-deductible expense. So, our yearly interest will be deductible based on 1040 schedule tax form.

Disadvantages of bank loan:

Though there are many advantages to a bank loan, there are some disadvantages too. Let us take a closer look at those disadvantages.

  1. Strict requirements:

There is a strict requirement in all banks that the borrower should give some collateral for their loans to be approved. So, the borrowers find it so difficult to get loans and when they go for unsecured loans, they should pay a very higher rate of interest. This is not cost effective.

  1. Repayment burden:

The main disadvantage of getting a loan is the burden of repayment.  Everyone will have the fear in mind whether we are able to repay the loan amount in the correct period of time. Because the installment should be paid on the correct date on a regular basis. So, definitely, it becomes a burden and the people get stressed very much. The banks will send us a notice if we fail to pay the interest amount at the correct time.

 

 

Loans for business

Loans for business

Everyone has a wish in their lives to start up their own business and run it successfully without any problem. But this can only be possible when we have much money in our hands. But we all will never have the much-needed amount for starting up a business. So, we can reach a bank and apply for a loan for the amount we need for our business. There are some loans which can be given only to those people who want to start-up a business. The business can be either small or large, it does not matter. We can discuss what are those loans for business and have a deeper look on not in this article. The businessmen can also read the uTrader review and decide taking up the loans based on the reviews. Because the reviews from the businessmen will give us some ideas about whether to apply for a loan or not and how to repay the loan amount easily.

Types of loans for business:

There are three types of loans which are provided only to the businessmen who want to start up their business in an efficient manner.

  • Working capital loans
  • Corporate term loans
  • Term loans

Working capital loans:

It is nothing but the amount the bank provides us to meet the day to say expenses for the business like the electricity bills and the rent we lay for our business building. It can be either secured or unsecured. But this loan will be applicable only for twelve months and the interest rate will be slightly higher, say 12%-16%.

Corporate term loans:

This loan is usually used for the expansion of the business. There is no tenure for this loan and the loans can be given for any number of years and also the interest rate is negotiable, which can be easily repaid by the borrowers. This is totally secured and anybody can apply for this loan who have a thought of expanding their business.

Term loans:

Term loans are used for purchasing some fixed assets like the land or building for the businesses. The tenure for this type of loan is around one year to ten years and the interest rate will be 10%-20%.

Conclusion:

Thus conclude that it does not matter whether we run a business by getting loans from the bank or not. It matters only how we are running our business successfully without any obstacles. So, the businessmen should never worry about the loan amount and the interest lay on a regular basis. They should always focus on the development and the growth of the business and move on rapidly without any intermission.

Offline Trading or Online –Choose the Best

Offline Trading or Online –Choose the Best

Ever imagined that more than half of the population in the world have forayed into trading in the financial markets, there seems to be a huge popularity that trading is an exciting yet risk-laden income generating industry that has made many millionaires. The spate of internet, social media has added their contribution to making the online trading a huge crowd puller in terms of earning quick money with minimal investment. The role of a broker is very important in an online trading platform like, uTrader, the broker sells and buys shares on behalf of the trader, who ultimately enjoys the profit after sharing a small percentage or amount as fee or commission for trades executed.

Key Point about online and offline Trading

  • the simpler and digital form of trading through web-based open source interface is the online trading, that is linked to a depository account and a bank account,
  • the convenience of trading from anywhere is truly a phenomenal advantage for traders on the go, with a powerful internet connection and a handheld or home computer online trading can be started without having to commute to workplaces daily, offline trading requires the trader to stay with the markets, until the trades are executed glued to the screens in the exchanges
  • trading online seems to be more secure than trading offline, as there is a record of all the transactions done during the trading session, with offline trading it is more trust-based, and the dependence on the broker trading decision is more
  • the live feeds, real-time information from the markets are displayed in the home screens of the trading software uTrader that is useful while trying to ascertain the investing or holding positions of the stocks, that can be considered before making an important trade decision, offline trading will not have the real-time data readily available for the trader

The challenge to choose any one form of trading amongst the both is rather dependent on the individual preference if you need a hands-on approach traditional offline trading is the best, for technology savvy and flexible approach online is the most trending as the transactions are effected with just a few clicks. Freedom to take a financial decision is more independent and vested on the trader; it is absolutely their choice, for executing a particular trade. As there are no rules to follow only a particular form of trading, it is a comfort and the choice of the investor to choose and trade successfully.

 

 

Insights on the Online Trading Platforms

Insights on the Online Trading Platforms

As the most popular form of trading online, trading platforms, interfaces have made a sea of change in how the financial markets approach towards the investors, their level of confidence in trading in Forex, commodities, gold, and silver. There is a huge change in terms of a number of increasing traders who have successfully placed trades with the help of the free trading websites that are simple yet have a great algorithm calculated for giving winning payouts on successful trading. There seems to a lot of information that is shared for the benefit of beginners who have no idea about stock markets work.

Relevance of Brokers

The broker’s tie-up with the bank and the investors have a depository account that is separate from the other form of account, exclusively used for financial trading transactions in stock markets. It is a three-way approach when it comes to internet based trading, the investor the trading platform and the broker, all are coordinated to place and get trading signals picked up by the software like uTrader, for executing the trades across several exchanges very rapidly. Time is an extremely important criterion for placing effective trades, the faster the transactions are affected, and the wider is the spread, exposure and the chance of picking up high price matches of the trades.

  • understanding the process of placing the trades is important when manual trading is done online, modifying and cancelling them too is easy in utrader either done on the web or the app version
  • always verify the ledger balance as they provide the net of all the profit and losses that have been made on the number of trading sessions for a particular day, investigate the transaction details, the way the trades are executed individually or in batches, and the fees charged
  • simple things like online money transfer is important for maintaining and funding the ledger balances
  • there are relationship managers who give a live demo and hands-on approach to navigate easily in the trading screens
  • new traders will have a lot of queries that have to be addressed by the customer support team of the website trading platforms, that has to be robust and quick in giving a response

Using all the services offered by online trading platforms will give the edge over to trade independently once the basics are understood for a smooth and seamless trading experience.

 

 

 

 

 

Loan Makes Education Possible

Loan Makes Education Possible

Direct Unsubsidized Loans

To borrow loans from the Direct Unsubsidized Loans it does not depend on the financial needs that are required by the applicant. The charges for interest rates for the loan money you have taken will start to increase as soon as you get the funds and keep growing till the time you repay the complete amount. The loan limit annually will be quite high if the students apply for the Direct Loan on their own which might lead to them being qualified for an unsubsidized fund to get the high amount.

Benefits of taking a Direct Loan

  • There is no verification of your credit limit, therefore, you need to pass the credit check.
  • The rate of interest is very less as well as fixed.
  • There are various plans that are offered which are flexible to repay the loan.
  • If you have saved an extra buck and pay the loan before the term is over, you need to pay any penalty for that.

Some factors to keep in mind before you apply for Direct Loans

  • The limits for a loan is very low.
  • The applicants need to register by filling the FAFSA form.
  • The applicants should apply for the loan every academic year.
  • How the applicant is going to make use of the funds given is limited.
  • If the students want to be qualified for applying for the funds and get funds continuously, they should be registered for a minimum of half-time.
  • There is a small fee that needs to be paid to get the loan.

Direct PLUS Loans

This loan is for parents whose kids are in college and like Direct Unsubsidized Loans funds got does not depend on the financial needs. There are a lot of features that are offered by Direct PLUS Loans like, the people who apply for this loan can borrow the complete cost that is required for the college but if the student has got any scholarships or financial aid that should be deducted. Even though PLUS Loans have high-interest rates when compared to other Direct Loan types, its interest rates are low and fixed in comparison to other loan types. It provides flexibility in plans for repaying the loan like the potential to defer payment till the time the student finishes graduation or in case they drop out of half-time enrolment. In order to pass the credit check, the application for PLUS Loan should be filled by the parents of the student and application for trading can be filled by any adults, you can learn more about it.

Trading Gets Simple With uTrader

Trading Gets Simple With uTrader

Investing and trading in cryptocurrencies and forex has become the recent trend among all sections of people. Well settled families, employees in the organization, old age people and even students pursue this trading platform to make some passive money. But how they got themselves fully acquainted with this investing platform is the secrecy behind the entire system. The best companion has been chosen to make the best use of the cryptocurrency trading. One of the best among them is auto trading robots. The best of it all is the uTrader.

uTrader

It is one of the most recent software system used for Forex trading and cryptocurrency trading as well. It best satisfies the user’s needs and becomes a good guide. The brokers associated with the system do not perform any underlying procedure. It is created by one of the leading experts and professional group of people who frequently invest and trade with plenty of interest.

It is said to achieve good and consistent results financially. Many people who have been using it in a big way has been giving remarkable comments that are positive in nature. It is completely operational in many markets and can trade all the cryptocurrencies. It is compatible with all device types and browser types. The interfaces are user-friendly. Novice users get to know the various options available and the trading tactics. Thus it offers a good learning platform.

Account Types

There are various account types associated with them. The Start Account is the basic one with limited benefits. They can view the standard market analysis materials. Silver Account has a Personal Financial Analyst and two learning sessions for knowing all the trading strategies. The Gold Account provides an individual review and a trading account with investment strategies and four sessions for learning. The Platinum Account gives you a detailed quarterly trading plan and individual assessment. The VIP Account is provided with a real-time demonstration with an analyst and hedging tools. The account types vary and increase from Start to VIP with the initial funding amount. Read more about this in the uTrader official website.

Start investing and trading with uTrader to relax and make money in a great deal that is unexpected when you are a novice user. It is being optimistically considered by many of the traders who keep viewing it as an advantage and make money realistically throughout the world.