Stock Market

Top 4 Disadvantages of Trading CFD

If there are advantages to trading CFD, there are also disadvantages caused by the lack of knowledge in using this trading platform. One of the risks involved in CFD trading is trading in a highly volatile market. This is such a highly risky way of trading. Although it is nice seeing the good thing about CFD, how it can benefit you financially, it is also important to check its disadvantages so you can keep track of it and avoid it totally when such circumstances come along the way.

What are the risks of CFD?

It is important to know that CFD is extremely risky just like Forex trading. We’ve known all sorts of rewards that you can get with CFD trading but behind all these, these are less spoken downsides of CFD. After all, no one wants to destroy the anticipation of many by bringing up the risks and disadvantages posed by this trading instrument. But if you want to protect your capital, you also need to know these crucial factors before you put in your trading capital. CFDs are known to be highly leveraged. This means that despite losing on your trades, you are still liable for the losses that you got out of the leverage.


Leverage goes on top of the list of disadvantages in CFD trading. As ironic as it seems, leverage is also the most important advantage of CFD but it can also be its most notable downside. With leverage, if you are not careful enough in handling it, you might end up creating havoc on your funds. Although there are cons in CFD, there is also a huge percentage that points out in favor of its benefits.

Higher Risk

Aside from the losses that leverage can bring forth, you must also be wary of the high risk in CFD. Even if you see a drop of points in the market, you will still need to cover the leverage part of the deal in addition to the already high funding costs or the capital damage which was sustained throughout the trading course. CFD has become riskier due to these things.

Overtrading Might Happen

Above all the disadvantages, trading CFD is known to be a low-cost way to enter the market. This might result in overtrading. When you say overtrading, the trader exposes his portfolio in the market until such time that his remaining capital becomes insufficient in covering up the losses. If trading is cheap, traders tend to trade mindlessly without realizing that sooner, he will face losses in their capital. In the case of multiple positions heading south, this could mean that a disaster is underway especially if you are not having a cautious approach.

Cost of Overnight Financing

In CFD, the shorter the trading term, the better. This is all due to the fact that overnight financing costs too high. In CFD, if you maintain a position overnight, the cost is being calculated on a daily basis and it will surely mount up if you hold the position for weeks and months.


Pawn Shops Are For Everyone And They Offer So Many Great Services

A number of us come upon hard times once in a while, and getting cash is not as easy as you would think. If you approach a bank, for example, there are so many procedures to go through first before they even consider looking at your request. They need a credit check done and details of your current occupation and salary. After that, there are the numerous pieces of paper to fill in, usually in triplicate and after all of that, you might even be turned down for the loan.

If you visit a pawn shop in Sydney, on the other hand, life is made a lot easier for you there. None of the above applies and all you need is a picture form of ID and some collateral to get your loan. You can put up gold, silver, diamonds, or anything else of value and they will make a quick assessment of its value. Once that’s done, you will get your cash and you are in and out of the shop in less than fifteen minutes. They provide free parking for you when you get there and a safe and secure shop where you can conclude your business.

Pawn shops are for everyone, and they offer more services that you might not be aware of. Let’s explore some of those now.

  • They are open usually on the weekends, national holidays and bank holidays because they understand that this is when people are in need of extra cash the most. Your traditional lending institution like a bank, don’t open on the weekends and definitely not during the holidays. Pawn shops offer convenience and you should be able to find at least one store in your locality.
  • If you want to sell or pawn your gold, silver, diamonds or other valuables, you can be assured of the best price possible and they even offer a price guarantee as well. Their reputation is at stake and they want every customer to leave their store happy in the hope that they will tell their friends about the great experience that they had.
  • You can settle your loan amount at any time with no penalties and if you are going to be a little late with your monthly payment, that’s OK too. Just talk with them and they will try to accommodate you. These are services that are not offered by any other lending institution and you really should take advantage of them if you need to.

If you need cash today, then there is no better place to visit than your local pawn shop. They will be more than happy to do business with you and you will leave with a smile on your face.


Why Outsource Your Accountancy Services?

Many small businesses find it difficult to hire a professional accountant who can record the daily transactions and process the financial statements of the business. However, without an accountant, it’s going to be very difficult for you to figure out how much money is coming in and how much is going out. A very plausible solution for small business owners is to outsource their accountancy services. Here are just some of the many advantages that outsourcing offers:

  • An affordable solution
  • Professionally trained, highly experienced accountants
  • Completely safe and secure
  • Reduces burden on your payroll
  • Allows your business to grow

If you want to hire local accountants in Leatherhead in order to outsource your business services, you should make a shortlist of local businesses in your area that offer accountancy and taxation services. Here are some other tips to help you find a suitable company.

Discuss Your Needs

The first thing that you should do is to contact a local accountancy firm so that you can discuss your needs with them. You have to find out whether or not the company can create a custom package for you before you hire their services.

Check Their Packages

Most companies offer a variety of packages to their customers, so you can visit their website in order to get a better idea of the different packages that they offer. It will give you a better idea of the company’s pricing policies and make it easy for you to decide whether they are a suitable choice for you.


The 3 Pillars To Successful Trading

We all know that the statistics in trading are stacked against us. Each quarter US FX brokers are required to report their client’s profitability on their trading accounts. Each quarter, year after year the statistics show more or less the same figures – around 70% of all traders will consistently lose money. This is a particularly scary statistic, yet it is one we must embrace and understand rather than shy away from, pretending it doesn’t exist.

Despite the fact that 7 out of 10 traders will be run losing accounts, there is hope. There are plenty of stories of success to encourage traders to enter the market or start trading. Those that run a profitable account manage to do so because they have found an “edge”. This is an “edge” which they can apply consistently to their trades, which results in a profitable account.

So where is this edge?

There are three pillars that make up the basis of successful trading. These three pillars are:

  1. Risk Management
  2. Strategy
  3. Trading psychology

In order to be a successful trader and run a profitable account, it is essential that you have these three pillars in your trading. That is where the edge exists, it is the sweet spot where risk management, strategy and trading psychology are all present. Let’s look at each in little more details.

Strategy is needed in order for you to know what you will trade, which way you will trade, how you will trade. This basically covers the investigation, analysis, research and techniques that you use to get in and out of trades.

Trading psychology is needed to keep a balanced mind whilst trading, this stops your emotions leading the trade.

Risk Management is essential in order to keep control of losses and the account as a whole. Whilst this is often considered the boring or dull part, it is also the part that will stop you from blowing your account. It is therefore well worth your while starting your trading journey from here.

If one on these pillars is missing, then trading will not come together in the profitable way that you envisage.

Imagine you had a balanced mind, so trading psychology plus strategy, but you had no risk management, this would make you on par with a gambler.

Imagine you had a strategy and risk management but no trading psychology, no balanced mindset. This would make you an insecure trader. Finally, if you had a balanced mindset and risk management but no strategy, your trading wouldn’t be going anywhere. You would essentially be stuck with no direction.

These points illustrate just how important all three pillars are when you trade. Each time you trade it is essential that you have given sufficient consideration to each of the pillars. Whilst there is a common misconception that with the right strategy you can win in trading every time, this is quite simply not true. A good strategy is just a part of what is needed to run a profitable account. This must be joined with strong risk management and a balanced mindset.


How Can You Protect Yourself If You Cannot Do Your Job?

Being unable to do your job can be extremely traumatic and you might be worried about the financial impact that this is going to have on you and your loved ones.

How will you be able to protect yourself when you are unable to do your job?

You Can Secure Income Protection

You will want to have a safety net when you cannot do your job. You can get insurance which ensures that you get a percentage of your income every month.

  • You can get protection up to 75% of your income. This is going to give you a large amount of peace of mind.
  • You may not be able to work because you have had an accident. This is common with industrial jobs for people working in mines or on oil-rigs.
  • You may not be able to work because of an illness that you have contracted. This can happen whatever sector you have been working in.
  • You may not be able to work because you have to take care of an ill relative and you are dedicating all of your time to them.

The Benefits Of This Protection

There are many benefits to this type of protection that you have sorted out prior to being unable to do your job. You need to consider all of the benefits before you choose this option.

You Can Pay Your Mortgage With This Money

You can make mortgage payments with the income protection insurance money that you are being given by this insurance programme. This will help you to keep a roof over your head.

You Can Pay Your Rent With This Money

You can pay your rent with the money that you are being given by this insurance programme. This will allow you to keep a roof over your head.

You Can Pay For Food With This Money

You will be able to pay with food thanks to the money that you are receiving from this insurance programme. This is one of the most important aspects of the money that you are receiving.

You Can Pay Your Prescriptions With This Money

You might have several prescriptions for medication that you will need to buy to keep yourself healthy. The medication could allow you to return to work in the near future. This is one of the most important aspects of the insurance programme that you have chosen to be a part of.

You Can Pay Your Bills With This

You will be able to pay your water and electricity bills with the money that you are given through this insurance scheme. This will allow you to keep the lights on and you will be able to make sure that your home is comfortable to live in.


You do not have to worry even if you happen to be unable to do your job. Instead, you can have an insurance plan in place which will help you out. The money can be used to pay bills and it can be used to pay your mortgage.


Discover the many advantages of using a zero interest credit card

The credit card market is yours—that is, it is driven essentially by borrowers like you. With interest rates at historic lows there continues to be an extraordinary amount of capital circulating in the economy. The people who run the banks and other financial institutions are constantly on the lookout for new ways to make profit from such capital. One of the ways they have come up with is to offer both low interest and

The latter are especially popular. You have no doubt seen these deals being marketed in banks and department stores. They allow you to use your credit card for up to two years without paying any interest on the items you purchase. This is a great way to purchase your favorite items while not adding too much to your monthly credit card bills.

Most credit card companies seek to form good relations with the consuming public. They offer a solid product and want to ensure everyone knows what they are getting when they sign the dotted line. But not every company is like that.

You must ensure that the company you’re working with is on the up and up. Before you sign up for a zero percent interest card you should know the exact terms and conditions. The credit card company you work with should be above board about everything. This may seem as though it should go without saying, but unfortunately this is not always the case. A number of companies have been known to trap consumers into using credit cards that are zero percent for the designated time but come with an obscure clause that requires the user to pay some interest for a short time afterward. Or you might be facing a company that makes zero percent interest conditional on a guarantee to stay with the company for some months after the deal date passes.

Not every card company handles their affairs with honesty and transparency. It is important to recognize this before you sign anything. In fact, the credit card company you work with should inspire trust and confidence in the way it does business. You should deal with a credit card company that has a record and reputation for delivering the best rates and nothing less than outstanding customer service.

Having to concern yourself with the integrity of the company you’re working with is not good. If you find yourself in this situation, then you probably need to take your business elsewhere. That said there is much that is useful about signing up for a zero percent interest credit card. It gives you a chance to purchase many of the things you want without paying fees and interest rates.

Going online is the best place to begin your search for such a company. It will allow you to sift through the range of firms and what they are offer. You should sign up to nothing without having all the facts. You can gather them by doing a bit of research and seeing what’s out there:
Do you want to make purchases with a credit card interest free? Visiting will allow you to find the right company for you.


Learn how a fair credit card can work for you

Bad credit is difficult to live with. It is like an albatross that you must wear around your neck and drag along with you no matter where you go. However, the consequences of having a low credit score can sometimes go too far. To be denied a credit card even though you are in work earning a decent wage is unjust. But it happens all the time. The big banks refuse honest, hardworking people credit because of old debts and a personal history that includes a spell of financial difficulty.

If you have been on the receiving end of such mistreatment, you don’t have to take it. Working with a company that offers can help you get the credit cards that you need and deserve. You should not be denied the credit you need because of a tough financial period. You can get the help you need by accessing credit through a company that specializes in helping people like you.

The credit card industry has changed significantly. It is no longer dominated by the big banks and lending institutions. Hundreds of smaller, leaner, more flexible credit card companies have sprung over the past couple of decades. These are companies that specialize in formulating deals and packages that people who have a poor credit history can take advantage of.

If you are one such person, then you need look no further to get the kind of credit card that will help you lead the life you so richly deserve. You should not be forced to live indefinitely under the yoke of a poor credit history. You may have spent a great many years struggling to keep up with credit card bills. This may have been the result of sudden and prolonged unemployment. Now that you are finally on your feet again you have made it a priority to re-establish your credit. But this cannot be done without actually taking out a credit card.

Working with an independent credit card company can provide you with an easy means of getting the card that you want. It is important to choose a credit card company that is serious about offering deals that work to the advantage of their customers. The company you work with should inspire confidence and trust in its business. It should be staffed by employees who possess the knowledge, skill, ability, and experience to come up with a deal that will be to your liking.

Going online is the best way to find such a company. Doing so will enable you to bring the websites of the various credit card companies to your computer screen, where you will be able to examine and evaluate each one. You will also be able to get some insight into the reputation of the card company you’re thinking of using. This can be useful when deciding whether you want to go on with them.

It is important to gather as much info as you can about fair credit cards. You can carry out this research by visiting the following site:
Are you in the market for a top notch fair credit card? You should work only with the best . You can find one by visiting this site.


Using Bad Credit Credit Cards Wisely for Long Term Benefits

People with bad credit often struggle to find the suitable provider where they can apply for a credit card. When they do, they need to comply with strict requirements, a security deposit, or high-interest rates. However, these features are not permanent as long as you develop the responsibility in settling your debt properly. Here are some suggestions on how you can use your credit cards effectively.

Credit control is an essential strategy in Using bad credit credit cards wisely. The method involves identifying significant transactions on a monthly basis and planning how to manage consumption. Often people use their credit cards for impulse purchases and can lead to potential problems especially with a limited budget. People with bad credit need to develop the discipline to stop unnecessary transactions because they are trying to improve their credit rating. Choosing to develop spending habits can lead to better access to higher credit limits in the future.

Paying on time is also a good example of using bad credit credit cards wisely. As a credit card holder, you are expected to settle dues on or before the specified date. However, many try to defer or just pay the minimum amount. As a person with bad credit, you should try to veer away from these practices. As much as possible, pay the full amount and do not be late. Your overall objective is to show a consistent history of monthly repayments without any issues. Such activities demonstrate your capacity to manage debt and justify to lenders to approve a higher credit with better terms. You should try to fulfill the goal in a period of six to twelve months to show consistency.

Planning and searching for deals is also beneficial to improve the credit standing of individuals with bad credit. If you are seeking to purchase an expensive item or avail of a loan via credit card, it is wise to plan and determine if your budget permits. By preparing ahead of time, you can also find deals and discounts that can complement your needs. Reductions and promotions help generate savings, lower the required repayments, and manage your resources properly.

Finally, you can try to determine if your credit card provider provides ways to report good credit activity. Your objective should focus on improving your bad credit rating by becoming responsible and paying dues on time. If you already have a credit card, it is best to ask your provider whether they have such feature. Try to consult and identify ways on how your actions can become reported to credit rating agencies. Although not every provider offers such feature, it is still a good strategy to manage your financial standing.

Overall, having a bad credit score is temporary. You can still create opportunities to avail of higher credit limit provided you show discipline and commitment in paying obligations on-time. The tips provided offers practical solutions to become a wise consumer. Each one emphasizes on developing a disciplined attitude, allocating a budget for payments, and planning purchases and ahead of time.

Using bad credit credit cards wisely will bring some benefits. Find out how you can make most of your not so ideal situation and even build your credit along the way at


Find the best online working capital finance solutions

The economies hardest hit by the recent downturn have now recovered, and there is once again a drive among investors to fund startups. Indeed, the investment world is awash in cash. And it has been widely reported that venture capitalists of all kinds are desperate to find new ideas and new projects to finance. They are indeed so desperate that they are competing with each to other to give money to entrepreneurs who have new business ideas.

If you are an aspiring entrepreneur, now is a great time to get the money you need to fund your venture and your business. The first thing you will need is capital. The Best online working capital finance solutions can help you get the resources you need for your launch.

Although banks are an excellent source of credit, you no longer have to depend exclusively on them. Nor must you develop elaborate plans and pass a stringent and burdensome test to get money from venture capital firms. The process to get credit has been streamlined. Investors are plentiful, and they are looking for good deals and plain, straightforward ways of partnering with entrepreneurs.

One of the best ways of getting the money you need is to connect with lenders who have a particular interest in your industry. If you are setting up a virtual site, for example, you should look for investors who have made their money by building up and selling off a business similar to the one you’re trying to start. They will have a better understanding of what you are trying to do and see the potential in it. This will save you a great deal of time in trying to explain why a particular idea of yours has merit.

The key to opening the door to this success is hooking up with reliable lenders. It can hard sometimes to do this. But the web makes it easier. Even so, you want to take care in who you approach with your idea. And you certainly want to be careful about the terms of the deal that they are prepared to make. You want to ensure that you have the freedom to develop the site the way that you see fit. But you also want to ensure that you get a fair share of the money from what is still your idea. That is why you should only work with those venture capitalists that have a proven record of being trustworthy, fair, and honest in their dealings.

The worldwide web, of course, is the best place to find such people. You will be able to see what they have to offer and how they may benefit you by looking at what they put on their websites. Using the web will enable you to effectively and efficiently judge the merits of each lender. It will also give you the tools to evaluate each of them, so that you can make a final determination as to which one you want to work with.

You should gather as much information as you can. Visit this site for details:
Are you a new, up-and-coming entrepreneur? Learn about the Best online working capital finance solutions . Get the all the facts you need by visiting this site.


Best Balanced Mutual Funds to invest in for Medium-Term Financial Goals

Mutual funds being the most one of the most prominent investment scheme in the recent time especially since two- three years has a lot of sub categories which have been designed as per the requirements of the wide variety of investor base investing in them. One such sub category is the balanced fund. So, what exactly is the balanced fund? This is the question that arises very first in our minds.

Balanced fund is a style or more prominently a scheme of investment which constitutes of a bond component, a component in the stocks and at times it even has a money market component and these are all combined in a single scheme or a portfolio. These are termed as hybrid funds and these generally have a mixture of bonds and stocks to give a reflection of moderate or higher equity funds or they have an orientation of higher fixed income.

These balanced funds are targeted towards the investors who have very low risk criteria in their portfolio and are looking for safety along with a little capital appreciation and income on the investment they made. It is one of the most preferred mutual funds for beginners, and considered as the ideal choice to begin with. The investments that are made by these mutual funds in each section of the assets like the stocks or the bonds usually remain fixed in set proportion.

The best balanced mutual for the mid-term deposits are:
Principal balanced direct- Growth: The fund has 1.79cr in assets under management or the AUM and in terms of annualised returns 18.8%, 26.2%, 15.6% in 6months,1, and 2 years respectively.
HDFC prudence fund direct- Growth: The fund has 1042.83cr in assets under management or the AUM and in terms of annualised returns 15.7%, 24.3%, 14.0% in 6months,1, and 2 years respectively.
ICICI prudential balanced fund direct – Growth: The fund has 499.09cr in assets under management or the AUM and in terms of annualised returns 12.9%, 22.1%, 14.6% in 6months,1, and 2 years respectively.
L&T India prudence fund direct – Growth: The fund has 165.03cr in assets under management or the AUM and in terms of annualised returns 18.4%, 21.3%, 13.9% in 6months,1, and 2 years respectively.
Birla SL BAF direct – Growth: The fund has 23.16cr in assets under management or the AUM and in terms of annualised returns 10.4%, 20.0%, 12.7% in 6months,1, and 2 years respectively.
Reliance RSF balanced direct – Growth: The fund has 168.02cr in assets under management or the AUM and in terms of annualised returns 18.2%, 21.7%, 13.9% in 6months,1, and 2 years respectively.
HDFC prudence fund – Growth: The fund has 16351.80cr in assets under management or the AUM and in terms of annualised returns 15.0%, 22.9%, 12.9% in 6months,1, and 2 years respectively.
DSP Blackrock balanced Fund direct – Growth: The fund has 354.51cr in assets under management or the AUM and in terms of annualised returns 15.1%, 20.7%, 13.0% in 6months,1, and 2 years respectively.
Principal balanced – Growth: The fund has 66.51cr in assets under management or the AUM and in terms of annualised returns 18.1%, 23.9%, 14.2% in 6months,1, and 2 years respectively.
HDFC balanced Fund – Growth: The fund has 8040.62cr in assets under management or the AUM and in terms of annualised returns 18.1%, 23.9%, 14.2% in 6months,1, and 2 years respectively.