3 Common Errors That Get Traders into Big Trouble

April 7, 2020


In the Forex market, you will hear that trading is easy and anyone can make money in the market. But in reality, it’s not the case you will face many obstacles while trading to make money. In the rush to make money, many new traders make some errors in the trades. To learn more about reality, you have to explore a bit more. Very few people in the United Kingdom have managed to learn to trade. The majority of retail investors are losing money due to some common errors. They don’t have the will power to overcome the dynamic challenges they face. Trading should be taken as a very serious business. You can’t afford to make the same mistake twice. If you do, you can’t secure your financial freedom.

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4 Common Mistakes Associated with Fundamental Analysis

April 7, 2020


Fundamental analysis is the study of the economic performance of a certain country. Since currencies are traded in pairs, you need to analyze the economic condition of the country to speculate the direction of the price movement. Things might be challenging for naïve traders because the concept of economics is really hard. But in real life trading, you can simplify the factors by using basic knowledge of the fundamental analysis. For instance, learn about the impact of interest rate change decision in the Forex market. By following the concept of the interest rate change, you can find the direction of the trend. If a country hikes its interest rate, you can expect a strong bullish rally. On the other hand, cutting down the interest rate means the economic condition of the country is not that great.

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7 Types of Small Business Financing Options You Should Consider

April 6, 2020


The finances of any business are the elements used to classify and determine its health. Smooth cash flow and positive figures often indicate that a company is managing its finances well. It also means that your business is likely to have sufficient credit score and all the necessary documentation that you will need to qualify for a bank loan or other financial support options.

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Mastering the Puzzle of Construction Cost Estimating

March 18, 2020


Within the U.S. alone, nearly $1.3 trillion worth of structures are built every year. However, due to the high cost of materials and labor, many construction businesses struggle to maximize profits. When contractors don’t properly allocate their resources, they often can’t maintain a gap between earnings and expenses.

Construction businesses need to understand each expense in great detail to reduce costs. This is where construction cost estimators come into play.

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3 Things to Consider Before Taking Out Business Funding

March 12, 2020


There is so much to think about, and so many things that require meticulous planning and execution, when you start a business. Once you have direction, and have decided on your business’ target market and product market, written a business plan and are ready to start getting ready to trade, you’ll probably need some funding to get your ideas off the ground. Knowing what to expect when you start looking for this funding is imperative, so let’s take a quick look at what you need to have in mind when you start looking for business funding.

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5 Ways to Make Money While Saving Time

March 6, 2020


Do you wish there was a way you could save money without swapping too much of your time? Well, there is! There’s no need for you to make money simply going to work 9-5. While doing this can potentially give you job security and a regular salary, you will often find that you don’t quite have the money to live the life you’d like. We could always use a little more money and financial security, right?

The more streams of income you have coming in, the better. Below, you’ll find 5 suggestions that will help you to make more money in very little time. You might even be able to leave your full-time job eventually if you stick with them. Read on!

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7 Tips to Consider When Selling Your Precious Coins

February 4, 2020


Selling precious coins in the market is easier said than done. It’s a market of chances, but you will need to be smart if you are to make a killer sale. The prices of the coins will vary depending on factors such as how rare they are, whether you sell them through an auction or a dealer etc. Let’s take you through a few tricks and tips to help you get the best deal when you sell your precious coins.

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How to Score an Accounting Job

January 23, 2020


I have never been a big fan of math, I am normally more of a writer and reader, but when it comes to running your own business or running anyone’s business, accounting is a major part of its success. Therefore, if you are good at math or want to run your own business one day, you need to know what it takes to become an accountant, how to apply or hire one, and what the going salary should be for the position.

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Everything You Need to Know About Online Instant Loans

January 23, 2020


Every one of us has a plan for the future. But life can be unpredictable and full of uncertainties. Many-a-times, you may face some circumstances when you are in dire need of money. You could need money for specific medical emergencies, some unplanned travel, or coping up with the investments during a family wedding. At such conditions, your savings might not be enough.

To deal with such situations, instead of fretting over the financial options, you can prefer instant personal loans from digital consumer lending platforms. Today, numerous online credit providers use the latest technologies to follow a paperless credit solution in a hassle-free and fast method.

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What Do UK’s New Transfer Pricing Rules Mean for SMEs?

January 12, 2020


SMEs have historically been exempted from UK transfer pricing rules. This year’s new rules have extended the rules to all UK businesses, including SMEs. What are the new rules, how do they work, and how we as North London Accountants can help SMEs prepare for them?

In recent years, there have been major changes to UK tax legislation to ensure that large international businesses cannot take advantage of differences between domestic and international tax rules. Amazon is an obvious example we’re all familiar with.

As part of HMRC’s ongoing efforts to close tax loop holes and ensure that taxpayers and businesses are declaring and paying the correct amount of tax, in April last year the government introduced new legislation governing anti-profit fragmentation.

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