Want to be a Financial Trader?

Are you looking to start financial trading as a part-time or full-time job? There’s never been a better time to enter the field. Not only are more people working and investing from home due to the current pandemic, but anyone with a decent internet connection has the potential to benefit, as long as they can learn and adhere the basic principles.

After acquiring a grasp of the essentials, it’s imperative to gain real-world experience on a live brokerage platform. The better online brokers offer many training tools like detailed tutorials, up-to-date libraries, and trade simulators.

After you feel comfortable placing and closing trades, consider specializing in one particular market to hone your expertise. Later, you’ll have the chance to take advanced video courses and sit for licensing exams in several areas. But, as is the case with every new career, you’ll have to start with the fundamentals.

Learn the Basics

Before putting one dollar of your own money at risk, and even before working with a demo account in a simulated trading bot, take time to understand how the securities markets work. There are hundreds of worthwhile books and online tutorials to choose from. Consider reading about the different kinds of orders, how to place stops, what the most popular technical and fundamental tools are, how to set up an account, how to measure profit and loss on transactions, and which markets are best for beginners. Check out some of the most reputable brokers’ websites and take advantage of free educational content, videos, tutorials, and other resources available to site visitors.

Get Experience

What’s true for every other job is true for financial trading: it’s imperative to gain real-world experience in order to develop an acceptable level of competence. No matter how much research, reading, and studying you do on your own, there’s no substitute for trading with a broker. Fortunately, the better brokerage companies offer informative learning resources like video tutorials, trading simulators, online libraries, discussion forums, and customer service reps who can help you understand how to use all the platform’s features. Everyone has different goals and ways of learning, but you should expect to spend at least a month or two acquiring the essential skills in the real world by making online trades of various kinds.

Specialize in One Market

It’s a rare trader who can follow multiple markets, especially during the first few years in the business. That’s why it’s essential to focus on just one general asset class, like stocks, forex, cryptocurrency, or something else. One of the main benefits of specialization is that you’ll learn the unique characteristics of your market more quickly.

Take Several Online Courses

Never stop learning about the area you choose to specialize in. Fortunately, there are all kinds of free resources out there, including online courses. Some sites charge a nominal fee for classes, so don’t be put off if you’re asked to pay for a course. However, avoid websites that charge exorbitant amounts for lessons. There are just too many excellent, low-cost choices. Eventually, consider testing for one or more licenses, like the Series 7, Commodity Trading Advisor, Certified Financial Technician, or others.

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Creating The New Face Of Commerce – Are You Ready?

Photo credit: ArtHouse Studio

There has never been a time in history that global commerce has been more impacted than now. Coronavirus has killed more than 480 thousand people, with many more sick and fighting for their lives. The experts have no cure yet and all we can do is clean everything with bacteria-killing cleaners. We have to stay 6-foot away from all people and we must wear a facial mask if we go out in public. Offices, restaurants, and government offices closed. Essential business took extreme caution and allowed people minimum service. 

First steps

Thousands of people began working remotely. Setting up home offices and using computers with special software, they were able to struggle along. Cell phones, video meetings, and email took the place of home offices. 

No one can predict when the virus will end. When it does, how many employers will want to go back to the expense of a fully staffed office? Employees had to recategorize responsibilities. Will big business want to return to paying two people to do the job one currently handles? 

An open market

When commerce begins to recover, businesses will struggle to get back on their feet. However, highly trained employees will be able to select where they want to work. But, those who are really smart are making sure they will be at the top of the list. If you are one of those people, you may be asking yourself how.

Your employer is not the bad guy

You cannot blame your employer for the economy. In many cases, the strain closed companies altogether. In most cases, it became a case of sacrificing the few to save the majority. The majority is often described as people who could do more than one job. People who had been promoted over time were often asked to do their job and many parts of the job they had been promoted from. For example, a person may work in accounts payable. He may have hired an assistant to enter the data into the computer and generate weekly and monthly reports. The assistant could be great at what she does, but the company cannot afford her during the upheaval of the pandemic. So, the accounts payable manager will have to do both jobs.

Getting the jump – Free college

The people who are sitting at home must face one fact. In their company, they are non-essential. So, how can they become essential? They head back to school and learn what they don’t know. If you are a few years out of college, young grads walking in the door know things you do not know. You have the experience and they have the updated knowledge. So, to beat that, you need to get the knowledge. With the combination, you are the only employee your company needs, whether you’re a small-time intern or you’re doing the social media for construction companies.

People often think their hands are tied. They are laid off or barely able to pay the bills. How can they get more education? There has never been a better time. You can take free online courses from Universities. You can learn something new, or advance your knowledge. Either way, you will improve your position in the workplace. 

Taking online courses means you can do these courses from home. If you are laid off or working remotely, you can work this into your day and it does not cost you a dime. 

These are probably classes that nobody wants, right?

No, actually these are courses that entrepreneurs usually take. They are top-drawer and quality courses that you will be proud to put on your resume.  These courses include:

 

And, if you just want to get started in your business get Shopify Compass. It too is free online. Check the information for each course. Some are accreted, others provide you with a certificate of learning.

Do not neglect the classes that include learning how you utilize social media platforms and email strategies. Email and social media will continue to climb in the world of marketing. With millions of viewers, you cannot afford not to know these platforms.

Share the knowledge

This can be a bit tricky. You want people in your company to know that you have been training and working since you’ve been gone. But, unless you are close friends with the CEO or President of the company, you would not make a great impression.  

By blowing your own horn. You can share this with co-workers who are on the job and let the word travel that way.

Volunteer?

You may consider volunteering to help out when you know the company is going through difficult days. Keep your face known and keep your skills up to date. This also gives the powers that be,   reason to remember you much faster than he will remember the name of the guy that calls upset every week demanding to know when he will be given his job back.

Free Online University Courses

You could not control the pandemic. You could not stop the dip in the stock market. You weren’t expecting a lay-off of this magnitude. But it is here and you have to deal with it. Turn this disaster into your opportunity. Don’t waste your time. Let this be the time your mind grows. You are the master of your university. So take the steps today to have a better tomorrow.

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4 Growing International Job Markets for 2020

The world has drastically changed over the past few decades. Global downturns in real estate, stocks, and trade challenge ideas of overall growth across the world. However, 2020 holds the potential for job markets to expand in certain countries that are ready to grow.

Here are some of the countries best suited to take advantage of global job market growth in 2020.

1) Thailand

Regarded as an amazing vacation destination, Thailand’s job market is growing in response to recent global trends. A 2019 report into the most popular jobs in Thailand highlighted that work in the digital sphere is guiding its current growth. With a GDP higher than Singapore, and with strong growth since 2015, this country holds promising results in 2020.

Since it announced its Thailand 4.0 policy, smaller start-ups have been encouraged, with stress being placed on high-skilled labor. Given the international outlook of cities like Bangkok, these factors combine to make the country one of the best emerging markets in Southeast Asia.

2) United Arab Emirates

In the 1970s, the United Arab Emirates rose out of the desert to become a global economic hub. Apart from having a booming real estate market, and one of the highest per capita GDP’s in the world, it also has an expansive job market. The UAE looks overseas and attracts high-skilled workers to support its rapid expansion.

Because of new urban planning, and recent large scale projects like Expo 2020, cities like Dubai keep attracting ex-pats to find work there. While known for oil, Dubai is growing other opportunities and opening the job market up. 

To get a glimpse at the opportunities Dubai has to offer, check out the best recruitment agencies in Dubai for more information.

3) Cambodia

Similar to Thailand, Cambodia is best known as a holiday spot rather than an emerging market. However in recent years, with the growth of China nearby, this country has adapted to the region’s growing economy. Instead of only casual work, Cambodia is expanding into high-skilled work.

With the increase of the IT economy and the more relaxed work-visa rules, cities like Phnom Penh and Siem Reap are gaining attention. Companies with overseas branches make it easy for employees to shift to one of the major cities, and these cities are hubs for future investments. 

4) Turkey

For over a decade, Turkey has been an emerging market by investors worldwide. Thanks to its diverse populace and labor force, Turkey is deemed one of the fastest-growing economies in the world. 

Its booming real-estate market, fast-developing gold mining industry, and location offer a number of chances for growth. Low tariffs for import business and fixed custom codes further give an advantage to overseas investors.

Although the country faced economic threats in 2019, including a devaluation of the Turkish lira, it is thought to recover by 2020 and remain an interesting opportunity for direct investment inflows. The EU has begun to invest in vital rail links that will boost Turkey’s future stability in relation to its neighbors in the region.

Last Points

According to a 2019 ILO report on global employment, there is evidence of annual growth across the world. With this said, there are still major challenges when it comes to maintaining competitive job markets around the world. 

While the countries listed above vary in legal, economic, and cultural factors, one common trend is the ability to adapt to digital work and take on high-skilled labor. We can’t say for sure what the future will bring, but economic analysts, journalists, and entrepreneurs are watching out for these four countries. 

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