Category Archives: Financial

The Critical Difference Between Stock & Forex Trading Industry

Guest post in our financial series. Enjoy! – Kimberly

Investing in stocks and forex is a popular way to make money, but many need to be aware of their differences. While both markets offer potential rewards for savvy investors, understanding the key differences between stock and forex trading can help ensure you choose the one most suited to your goals and risk tolerance.

In this article, we’ll cover what these two industries involved, compare them side by side, review some of their pros and cons, discuss how they work together as part of an investment strategy – if at all – and much more. But first off: are you interested in better understanding which form of investing best suits your criteria? Read on and find out.

Overview of Stock and Forex Trading

Stock and forex trading are two of the most competitive financial markets in the world. Both markets require a deep understanding of every detail, from global economic trends and current events to interest rates and corporate earnings. Stock trading is focused on buying and selling shares of publicly traded companies. Market and industry trends and individual company news influence it.Continue reading→

Doing proper technical analysis in Singapore FX trading

Guest post in our financial series. Enjoy! – Kimberly

When it comes to trading, technical analysis is one of the essential tools you can use. By studying charts and indicators, you can better understand what’s happening and make more informed trading decisions.

What is technical analysis?

Technical analysis studies price action to find patterns and indicators that give traders an edge in predicting future market movements. Technical analysts are when all publicly available information is already factored into a security’s current price, so they look at charts and indicators to determine where the market might be heading next.

However, not all technical analysis is created equal. To be successful when trading FX online in Singapore, you need to use proper technical analysis techniques. Tips to get you started:

Use candlesticks

Candlesticks are popular ways to analyse charts. They offer a significant amount of information and can be used to identify patterns and trends. When analysing candlesticks, it’s essential to look at the body and the shadows. The body is the section of the candlestick that’s not the wick, and it tells you whether the market closed higher/lower than it opened. The shadows show the high and low points for the day.Continue reading→

Wire Fraud and How to Prevent It

Contributed article in our cybersecurity series. Enjoy! – Kimberly

The advent of new technologies and the widespread use of the internet have allowed scammers to access and steal personalized information with the aim of using it to commit fraud. One of the most common forms of internet scams is wire fraud – preying on thousands of people every year who fall victim to these kinds of manipulations. Unfortunately, people are often caught by surprise and end up wondering how they fell for such scams.

Therefore, it’s imperative to know how to recognize wire fraud and protect yourself and your personal information from potential fraudsters.

Map Ref: Blackhawk Bank

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Fascinating Careers to Consider

Guest post in our career series. Enjoy! – Kimberly

Deciding on your career can be difficult and is absolutely a process that should not be rushed. However, the best way to help you make a choice is to choose in shorter lists and then consider your top options against one another. That way, you can avoid being overwhelmed. To that end, this article aims to highlight a handful of interesting career options for you to consider, to help you make your final choice.

Delivery Driver

An important area that is rarely discussed as a career possibility is that of a delivery driver. There are plenty of courier jobs available to anyone who knows how to look, which means you can usually find good work driving deliveries. Beyond that, delivery drivers are vital to the supply chains of almost every business, which means there will always be work to be had.

IMAGE: Photo by RODNAE Productions from Pexels

Content Writer

The demand for content writers is as high as it has ever been, and that means that there is plenty of work to be had writing content for all sorts of companies, for any number of purposes. If you are good with words and interested in the process, then all you need to do is have a look online, and you are sure to find a plethora of content writing jobs available.Continue reading→

Modernising Business Payment Systems: Fiat or Crypto?

Contributed article in our business series. Enjoy! – Kimberly

If you’re in business, you might be considering your options vis-a-vis payment systems. Modern-day businesses are required to keep pace with the pulse of the market. In recent months, a veritable explosion in cryptocurrency adoption has taken place. Institutional traders have poured into the crypto market en masse, bolstering substantial interest among retail traders. At one point, the market capitalization was well above $2 trillion+. 

This begs the question: Should SMEs implement changes to their payment systems to accommodate cryptocurrency usage? 

Modern-day payment processing solutions encompass a wide range of options, notably: Google Wallet, Apple Pay, Venmo, Square, Amazon Payments, Stripe, PayPal, NeoSurf, Visa, MasterCard, Diners Club, American Express, Bank Wire, et al. The popularity of these payment solutions is growing by the day for a range of activities. For instance, NeoSurf cash voucher pre-paid cards have become popular for casino transactions online. According to Statista, the most popular payment methods by the percentage of total e-commerce transactions volumes worldwide in 2020 included the following:

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  • Digital Payments Mobile Wallets – 44.5% of global transactions
  • Credit cards – 22.8% of global transactions
  • Debit cards – 12.8% of global transactions
  • Bank transfers – 7.7% of global transactions
  • Cash on delivery – 3.3% of global transactions
  • Charge cards and deferred debit cards – 3.3% of global transactions
  • Pre-paid cards – 1.1% of global transactions

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