Friday 29 December 2017

George Soros Quotes



George Soros is perhaps the most famous trader in the world and what he has to say about trading and the market in general has always been worth reading:

"Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception."

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected."

"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring."

"The main difference between me and other people who have amassed this kind of money is that I am primarily interested in ideas, and I don't have much personal use for money. But I hate to think what would have happened if I hadn't made money: My ideas would not have gotten much play."

"My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to fit the conditions."

Thursday 28 December 2017

The ActivTrades Balance Protection Policy



The interests of competitive online broker ActivTrades’ clients are the broker’s main objective, which is why it is offering its clients Negative Balance Protection.

The clients’ accounts have a trade out level which is in place to make sure that you do not lose more money than your deposit. The Balance Protection policy is an additional safeguard and will credit your account to a zero balance in case trading activity leads to the account going into negative.

What is more, the Balance Protection Policy applies across multiple accounts too – if there’s a negative balance in one account and a credit balance in a client’s second account then the credit balance will be used to offset the negative balance. That also applies to joint accounts - every joint account holder will be responsible for a debit or credit available equally.

The balance protection is open to all retail clients.
  

Wednesday 27 December 2017

NZD/USD May Bounce off from 0.7075




NZD/USD continued moving to the upside after the pair ended its week-long sideways consolidation after it broke out above the last high at 0.7035. That said, the pair has found a new resistance at 0.7075 and it may bounce off from it, considering the two candlesticks it has formed at that level on the four-hour time-frame, namely a clear shooting star candlestick and a clear hanging man candlestick. Either of these candlesticks is a signal for a likely move to the downside, in a combination together that signal becomes even more trustworthy. If a move to the downside does begin then the closest target will likely be at 0.7035, which from a resistance would become a support level.