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Trading Strategy

Binary Options Trading strategy

Binary Options Trading strategy Binary options trading strategy is becoming popular day by day. Majority of the people invest in it just because it provides extraordinary profits. These individuals do not know that greater profit means greater risk so if you are planning to invest in binary options then you must consider the risk associated with this type of investment.

Binary Options Trading strategy – What Is It All About?

According to market experts, the chances of failure are greater in this investment and it is just due to absence of knowledge and proper guidance. Lack of awareness among the investors about binary trades leads them to failure. This is why, I am here to tell readers what binary options is all about and what those secret tips are by following which you can earn abnormal profits.

Options Trading

Different people define binary trading differently. In my words, it is an efficient investment opportunity that allows you to earn profits by just predicting the price of commodities. See how simple it is to earn profit; what you are required is to just predict the future price of any commodity. If your prediction is right then you will get reward.
For instance, if you think that the price of oil or gold will rise in the next few days then you may quote the exact price. If the price of oil rises as per your expectation then you will get profit but if, opposite happens then you will lose a part of your investment. Here I must clear one thing; you do not practically buy or sell any commodity in binary options trading strategy just as you do in ordinary trading.

Binary Options Trading

Now when you have an idea what binary trading actually is so, this is the right time for revealing secrets to success in binary trading. I have been trading in binary options for quite a long time and I have learned following things during my experience in this niche.

The first thing I learned is that you should have guts to take initiative right on time. Binary options trading strategy is all about exploiting the opportunities that either arise due to any sudden situation or change in economic conditions. Second thing, which I learned, is that you must know the price trends of the commodity in which you have invested so that you can predict its price accurately. Last but not the least, you should respect the views of market pioneers or gurus as their words matters a lot.

So when are you going to invest in binary options?…

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Trading

Ideal Ema Trading Strategy

 Ema Trading Strategy After making the decision on what type of market you will trade as I talked about in a previous article, you now come to the making decision as what time frame you will trade. This decision is also an important one when you are designing a ema trading strategy .

Ema Trading Strategy

Firstly, you have to decide decide whether you will trade intra-day or not. If you trade intra-day, you will become a day-trader that means trading full time. It may be possible to trade intra-day while yiu have a day job but it is very difficult. So, I would not recommend that you to trade intra-day unless you can devote your full attention to trading.
Generally, most people want to trade only part time and still hold down a day job. Therefore, it is better to trade daily or weekly charts. Since you will only be able to look at the market after hours so you have to take this into account when you do your ema trading strategy .

The designed strategy should not require checking the market during the day. However, I believe that the more bars you can trade, the more money you can potentially make. That means ema trading strategy is potentially more profitable as there are more bars condensed into a unit of time.

Trading Strategy Design

For example, in a period of month, there are 280 bars in 30-minute charts, 20 bars in daily charts, 4 bars in weekly charts and only 1 bar in monthly charts. So, there is potentially more money in the 30-minute charts than the daily charts, potentially more money in the daily charts than the weekly charts, and potentially more money in the daily charts than the monthly charts.

Then, to make $10,000, it should take less time on the 30-minute chart than the daily chart, weekly and monthly chart. When trend trading on 30-minute charts, you may trade through 5 or 10 days of directionless market before the relatively big move occurs while on a daily chart, the chop may last six months or longer, and on the weekly charts the sideways market could last for years.

In addition, the risk per trade is generally greater when you trade with the longer time frames. Most entries and exit orders are based on market action. Since we usually put an exit order below the low of the previous bar, this could be 30 points on a 30-minute chart, 500 points on a daily chart and 1500 points on a weekly chart. The difference in risk is substantial, but the reward should be proportionally as large.

There are no right answers in choosing the time frame. It depends on a personal decision. And you have to make this decision before you start looking for indicators, as the choice of indicators is influenced by the time frame selection.…

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Business Income

Laundromat Business Income Ideal

Laundromat Business IncomeIf you want to build a portfolio of regular customers for your laundromat business income then why not focus on getting a number of commercial accounts? Households are not the only users of commercial coin laundries. Many businesses require the use of washing and drying machines on a regular basis and they often outsource this to a local laundromat.

Laundromat Business Income

In this article I take a quick look at what kind of businesses often find themselves in need of laundry services. I also talk about the value of such commercial accounts and go into detail about how to get laundromat business income like this.

Businesses that Use Laundromats

Think of some local businesses that have sheets, towels, linens, uniforms and other materials that require washing. These kinds of businesses include hair salons, motels, restaurants, health clinics, beauty salons, gyms and child care centers to name just a few. Of course many will have their own washing and drying machines on site but there are also some that don’t. Others will have their own equipment but find that they get overloaded at times and need your help.

Why you Need Commercial Accounts

The best thing about having commercial accounts is that they will throw regular business your way. Once a relationship is place and they become used to doing business with your laundromat you may get multiple loads of washing from them on a weekly basis.

They are also likely to require premium services laundromat business income. They will often require you to pick up items from them and drop them off upon completion. Your laundromat may have to handle washing, drying, ironing, folding, mending, stain removal and even dry cleaning for them. If you are struggling to keep your attendant busy then commercial accounts are a great way to go.

Securing Regular Business for a Coin Laundry

To go after these potentially lucrative accounts you will need to have a marketing system in place. You need to identify prospective accounts and have someone contact them and try to seal the deal. You will have to put together an attractive package that makes everything easy for them. This may include offering discounts for bulk orders.

You will need machinery that can handle decent volumes and you will need to schedule these kinds of jobs for times when your laundromat is not so busy so that you don’t inconvenience your ‘walk-in’ clients. Commercial accounts can be a great way to keep your machines making money during quiet periods, provided that the order is not absolutely urgent.

An employee dedicated to winning accounts and servicing them well could be just what you need to take your laundromat to the next level. They will have to get out there and identify some local opportunities and then make contact through direct marketing or cold calling. They will need to be skilled in sales so that they can persuade the prospect that your service can be of considerable value to them.…