Standardization and ease of organizing trading with various financial instruments and modern technologies make it possible today even for ordinary people without special training not only to work easily, but also to earn. And therefore, you just need to want … I have already told you about this many times – where to start, how to find your place in the financial sun, how to choose a broker and how, finally, to find your strategy of behavior on the financial market. The only thing I have never mentioned is the psychology of human behavior when trading in financial markets. Continue reading
Hoping for good luck
Very often, the stock market is compared to a casino or a lottery. Lucky-no luck. This is completely untrue, but many people approach to work on financial markets from this very point of view. And really satisfied with their work in the casino market. But … you know who wins in roulette? First of all, the casino itself! Therefore, if the financial market for you is a roulette, then you have exactly the same chance of success as in a real casino, that is, zero!
How to avoid it? First, with the help of a long term investment. Continue reading
The most relevant today are the so-called HYIP projects. They differ from the classic financial pyramids in that they can not pay any money to depositors at any stage of the project life cycle.
“Secrecy is one of the distinguishing features of financial pyramids, administrators do not talk about the goals of their work and the features of the project. In most cases, they simply have nothing to tell, ”writes the author of one of the blogs dedicated to HYIP projects.
Additional confusion for the gullible user is caused by the fact that the HYIP authors often use vocabulary from the legal banking and financial sphere: for example, they refer to amounts contributed by users to HYIP projects as contributions. Continue reading