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Business advice, tips and tricks from the SBB in Holyrood Business Park, Edinburgh

Why trading against the trend is equivalent to suicide mission

Why trading against the trend is equivalent to suicide mission

There is an old saying in the Forex market that trend is your friend. Though it is the most common dialogue for all the retail traders in the online trading community very few of them actually follows it. Most of the novice traders start their trading career without having any prior knowledge of this industry thus they trade the market with emotion. In order to become a profitable trader, you must learn the perfect way to trade the market without any emotion. In the United Kingdom, the novice traders are often told to demo trade the market for the first three to six months so that understand the nature of this market. But most of them don’t trade the market using the demo account and ultimately they end up by losing a huge amount of money. If you do some extensive research then you will see that only the professional traders are trading in favor of the trend. They know very well that trading against the trend will cost them a huge amount of money.

7 Icebreaker Questions That Could Kill Your Business Relationship

7 Icebreaker Questions That Could Kill Your Business Relationship

  Every customer relationship starts somewhere. Classic “in person” questions like “so, what do you do?” rarely lead to memorable conversations that can get the small business leaders noticed. Some awkward questions can even lead to making a bad first impression that ends the relationship even before it starts.

Choosing between being a freelancer or a business owner

Choosing between being a freelancer or a business owner

When making firm decisions, it is vital to look, perform an in-depth evaluation, and critically analyse all the possible threats and risks bound to occur. Similarly, when deciding on which path to pursue, it is relevant to take some time and list all the pros and cons of various options at hand. For instance, you may be at a cross road when deciding to pick a single option from a duo of your favourite jobs. When in such a dilemma, relax, and be ready to list all the possible reasons why you should drop one and pick the other. For instance, you may have a dilemma of choosing between being a freelancer or a business owner. Below is a guide to assist you make a prudent decision.

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