Author: rcanessa - Page 22

The Payoneer and Wirecard lesson: Bitcoin is a better choice for freelancers

Key facts:

Payoneer blocked funds affiliated with “Prepaid Mastercard” cards issued by Wirecard.
The event reminds us of the typical phrase of bitcoiners “Not your keys not your money”.

Freelancers are constantly concerned about their money and it is understandable, with cases like the one that just happened with Wirecard and Payoneer. What could be one of the biggest financial scandals in Europe in recent years has become a lesson for freelancers, where Bitcoin could come out on top.

But before we start talking about the benefits that Bitcoin offers for freelancers, it is necessary to delve into the twists and turns of a controversy that has exploded in the heart of Germany. Wirecard is a payment processor with 20 years of experience, initially offering services to gambling and pornography websites. Over time it became increasingly specialized in digital payment methods, even issuing crypto debit cards.

Mark to Market (Daily settlement of profit and loss)

by rcanessa

Mark to Market is a financial term referring to the daily profit and loss settlement as a way of accounting for profit and loss in an investment portfolio transaction consisting of financial assets, valuing the accounting record of all open positions based on current market prices.

These new prices are what will determine the new guarantees that the investor will have to put in his portfolio and will mitigate an erroneous control of the positions of clients of financial institutions.

MACD Divergence Indicator for Metatrader 4

by rcanessa

In this article, we are going to present another technical indicator designed for the Metatrader 4 platform, which shows divergences between the price and the MACD indicator both in the price chart and in the indicator window. That is, it signals the times when the price is moving in one direction and the MACD is moving in the opposite direction. Trading with divergences between price and indicator is a popular way to use the MACD and other oscillator-type indicators, such as RSI, CCI, and Stochastic Oscillator.

Basically, divergences occur when the price moves in one direction and the indicator moves in another, that is, they start to diverge. In the case of the MACD, which is an indicator of price momentum, a divergence may indicate that market momentum is starting to change and therefore the price may start to move in the opposite direction at any time. We can distinguish two basic types of divergences between price and MACD:

How to use a demo account to learn how to trade?

by rcanessa

In trading, in addition to the opportunity to obtain high benefits at very low costs, one of the main advantages is the availability of tools that allow anyone to learn how to invest without putting their own capital at risk from the start.

These tools are called demo accounts. In this article, we are going to explain how to properly use demo accounts to learn how to trade in the markets before using a real account and risking our money.

Wundebit Trading integrates Deribit to its social trading platform

by rcanessa

Key facts:

Wunderbit Trading is integrated to various trading platforms such as: Binance, FTX and ByBit. Wunderbit Exchange allows buy and sell trades with Bitcoin and Ethereum with credit cards and Skrill.

The Wunderbit Trading platform is a product of Wunderbit, a Fintech company established and regulated in Estonia. This company makes cryptocurrency trading an easy and entertaining experience, where any user could make a profit even without technical knowledge. But how is this possible? Simple, Wunderbit Trading allows its clients to copy and replicate the same transactions and movements with cryptocurrencies that the best traders of the platform carry out. Just copy the strategy of a specific trader who has a good performance record and then just waits for the results.

Complete eToro Tutorial for Beginners

by rcanessa

In this tutorial we are going to talk about eToro, an online broker totally different from the ones we all know since it is based on a social network where traders share their market trades, being able to copy them quickly and easily.

eToro has been offering its online services since 2006, providing the user with the best technology in the Forex sector, currently becoming the world leader in social trading, with more than 6 million registered investors. One of the biggest advantages of this broker is that its clients can open a demo account with hardly any restrictions, which serves to learn and test their entire platform without facing any risk.

Tigerwit Copytrading Platform

by rcanessa

The Forex broker Tigerwit offers a copytrading service to all its clients that allows to automatically copy the trades of successful traders directly in their trading account. It is a free service that offers opportunities for both beginner and experienced traders to make money in the markets.

Beginners can take advantage of the knowledge and experience of experts who trade with winning trading strategies and have achieved long-term profitability. This allows even investors with little trading knowledge to make money on the Forex. For their part, the most profitable traders can obtain additional income from their strategies, allowing them to be copied in real time by other traders, obtaining a 20% commission on the benefits obtained by their followers.

Next, we will explain how to make money on the Tigerwit copytrading platform as a follower or signal provider (Trading Master).

You can learn more about the Tigerwit company and its brokerage services in the following guide on this broker: Tigerwit Broker Analysis

A Map of Forex Traders: Where Are the 9.6 Million Online Traders?

by rcanessa

The Forex market has been particularly active since the 1970s. It has become the world’s largest financial market, with an average daily trading volume growing from around 1.2 trillion in 1995 to 5.1 trillion in 2019, according to figures from the Bank for International Settlements.

Although large financial institutions and banks are responsible for a substantial part of the trading volume in this market, modern technology has also made it accessible to a broader customer base. Forex brokers have developed easy-to-use online trading platforms, which have simplified the trading process, and made it available from almost anywhere in the world.

In fact, 9.6 million people worldwide are now online traders – that is, 1 in 781 people.

Strong enthusiasm in the markets following the business IFO survey

by rcanessa

The German IFO survey is one of the most studied, since it shows the status of the largest economy in the eurozone. It frequently indicates the economic evolution of the entire euro area and, in addition, it generates immediate effects on the common currency: the euro. This week, the IFO survey has shown that business confidence levels have risen sharply. To be … Read more

PayPal Seeks Blockchain Engineer Amid Rumors of Its Cryptocurrency Adoption

by rcanessa

PayPal included blockchain in the Strategic Technology Enabling office. According to anonymous sources, PayPal will offer cryptocurrency trading in the short term. The company PayPal Inc. is looking for an engineer for its blockchain research group, which is part of the Strategic Technology Enabling office. This search coincides with the rumors that this company is about to offer cryptocurrency … Read more

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