Monthly Archives: July 2018

Risks of Weekend Trading

Risks of Weekend Trading

Most stock exchanges are open only from Monday to Friday and that too from 9:00 hours to 16:00 hours. However, there are a few stock exchanges that operate during the weekends because of the difference in the working hours in those countries and this has led to an increase in the number of weekend day traders.

Although weekend trading offers numerous advantages such as increased chances of making profit, less traffic, and few others, it also offers certain risks and limitations to its traders. This article presents to you a full review regarding the limitations of weekend trading.

  1. Different time zones – This is the most common limitation during the weekend trading. Although you are all set to make some money by switching over to a different time zone, your body may resist this urge because your internal body clock begins to shut down if you are residing in the US and is eagerly waiting to trade in the stock exchanges of the Middle East. Therefore, you will be forced to think twice before putting your health at risk.
  2. A lower number of assets – As you already know that most stock exchanges remain closed on weekends, you will be presented only with a limited number of trade instruments to trade with over the weekend. For example, all those traders who rely on assets and news for information are in for a big fix because big multinational companies such as Intel, Verizon Communications, Ford Motors, and others are all closed for the weekend, hence you cannot trade on these companies. However, traders those who rely on technical analysis while trading assets and study price movements before making a call in the trade market, are in for trading and will be able to generate some profit.
  3. Reduced volume of trade options – This is bound to happen as when a company in London closes, another in Hong Kong begins its operations. Similarly, traders are in for a jolt because the oil and gold markets are also similar. Hence, traders will face the problem of low trade volumes, which will ultimately result in charts with insufficient data points and flat markets.
  4. Increased volatility – The market functions because of volatility but what happens when normalcy is not maintained? Volatile over boils which is not a good thing when it comes to trading. Hence, this increases the risks involved in trading over the weekends.
  5. Fewer brokers hours – Despite all the existing troubles, you are faced with yet another challenge from the brokers who will ultimately decide whether to open their platform for trade or not based on the number of active traders over the weekend.

However, this list is just for your information so that you will be more cautious while trading over the weekends. Good trading strategies and the right opportunities will always help you keep going.

Top Cryptocurrency Predictions For 2018

Top Cryptocurrency Predictions For 2018

Finding a newspaper or an online news site that do not refer to the cryptocurrencies is highly impossible because such is their popularity! Welcome to the ever-growing world of the cryptocurrencies that is destined to offer more benefits than that has been ever witnessed by the humankind, thanks to their underlying technology called the Blockchain! Even though the cryptocurrencies are so popular and investing in them is so easy, as per this review, the fluctuations are so common that calls for timely predictions and preparations! So, is it not time for us to know what the rest of 2018 has in store for these amazing cryptocurrencies? Let’s go!

  • A Trillion Market Cap It Is

If you are not still able to accept the idea of digital currencies or if all these still seems surreal to you then, its high-time for you to wake up and meet the reality, as the cryptocurrency market cap is expected to hit, at least, $2 trillion by 2018! This only shows the entire world is moving towards the cryptocurrency revolution and coming back is certainly, impossible!

 

  • National Crypto Experiments On The Rise

Already in 2017, we have witnessed the introduction of several national cryptocurrencies aka state-backed digital currencies, such as ‘cryptoruble’ of Russia and the respective national cryptocurrencies of the nations like Venezuela and Estonia! The year 2018 is here to prove that these were mere samples as more of such kinds are expected to happen in this most-happening year for the cryptocurrencies!

 

  • BTC vs BCH Clash Likely To Continue

We all are aware of the ‘hard fork’ of the Bitcoin that happened in August 2017 to produce the popularly growing Bitcoin Cash (BCH)! Although this happened in the name of ‘scaling up’ the Bitcoin, the BTC community is still in favor of the Off-chain scaling proposal for the Bitcoin, whereas the BCH community opted the on-chain proposal! Therefore, this never-to-be-settled expectation of the respective communities is likely to intensify the enmity between them and therefore, be prepared to hear harsh comments about your favorite cryptocurrency and the respective community, be it the Bitcoin or the Bitcoin Cash!

 

  • No stopping of the ICO’s

Perhaps, one of the reasons for the popularity of the Ethereum is the concept of ICO fueled by it that allowed the raising of sufficient funds for the coin’s future growth and development. The community surprised by the success of the ICOs is eager to follow the concept, which means, more such ICOs are expected to happen in this 2018! To cite few examples, NEO and Stratis have already launched their respective ICOs!