Trading Services – Dinamika Trade http://dinamikatrade.com/ Mon, 16 May 2022 10:09:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://dinamikatrade.com/wp-content/uploads/2021/06/icon.png Trading Services – Dinamika Trade http://dinamikatrade.com/ 32 32 Roofing company sued for mis-selling construction work https://dinamikatrade.com/roofing-company-sued-for-mis-selling-construction-work/ Mon, 16 May 2022 10:02:11 +0000 https://dinamikatrade.com/roofing-company-sued-for-mis-selling-construction-work/ A company has pleaded guilty to misleading a Dorset couple into buying emergency roofing work at an excessive price. Owl Home Solutions Limited pleaded guilty at Bournemouth Crown Court on May 12, 2022 to two offenses under the Consumer Protection from Unfair Trading Practices Regulations. An investigation by Dorset Council Trading Standards found an unsolicited […]]]>

A company has pleaded guilty to misleading a Dorset couple into buying emergency roofing work at an excessive price.

Owl Home Solutions Limited pleaded guilty at Bournemouth Crown Court on May 12, 2022 to two offenses under the Consumer Protection from Unfair Trading Practices Regulations.

An investigation by Dorset Council Trading Standards found an unsolicited phone call in January 2019 led to a salesman employed by Owl Home Solutions Limited visiting a Ferndown couple. After holding a portable device in the attic, the seller said there was dampness from moss on the roof; the moss was to be removed and a specialist roof coating would be applied along with other ancillary construction work. The price quoted was £13,700. The couple were told that if no action was taken a new roof would cost between £25,000 and £35,000. Repair work began the next day.

The first offense involved a description of the condition of the property’s roof. An independent expert advised that removal of the roof moss was not necessary and that the roof structure was in excellent condition. The second violation concerned the price charged. The surveyor determined that if roof sheathing had been required, the asking price for the construction work was excessive.

Owl Home Solutions Limited was fined £22,500, compensation of £11,425 and contribution to Council costs of £5,000.

Councilor Laura Miller, Dorset Council’s Client and Community Services portfolio holder, said:

“We are happy to see a positive outcome with compensation for the victims, even after long delays in the justice system due to the pandemic. By pleading guilty, a full trial was not necessary. I urge the people of Dorset to be alert to unsolicited contact from traders, particularly where this leads to the rapid acceptance of building work. People shouldn’t feel pressured, but should speak with someone else to find out if the work might be needed. When work is needed, get more than one quote from trusted tradesmen to compare details and price.

To report concerns about merchants operating in your area, the first point of contact is the Citizens Council customer service on 0808 223 1133. People can find a ‘Buy with Confidence’ merchant by visiting the Buy with Confidence website or by calling the Citizen Council customer service. ‘Buy with Confidence’ merchants are vetted and approved by Trading Standards to ensure they operate in a legal, honest and fair manner.

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Bitcoin has lost more than half its value in the past six months amid a broader tech selloff https://dinamikatrade.com/bitcoin-has-lost-more-than-half-its-value-in-the-past-six-months-amid-a-broader-tech-selloff/ Sat, 14 May 2022 11:45:56 +0000 https://dinamikatrade.com/bitcoin-has-lost-more-than-half-its-value-in-the-past-six-months-amid-a-broader-tech-selloff/ The bitcoin cryptocurrency, which recorded stunning gains last year, has lost more than half of its value in the past six months. Since hitting over $64,000 in November, the price of one bitcoin has now fallen over 50%. On Friday, it was trading around $30,000, after falling as low as $26,000 earlier in the week. […]]]>

The bitcoin cryptocurrency, which recorded stunning gains last year, has lost more than half of its value in the past six months.

Since hitting over $64,000 in November, the price of one bitcoin has now fallen over 50%. On Friday, it was trading around $30,000, after falling as low as $26,000 earlier in the week.

The selloff is tied in part to rising interest rates and inflation at 40-year highs, which sent the stock market tumbling overall. But the extent of bitcoin’s decline may come as a shock, especially to some investors who bought bitcoin during its last price surge.

A slew of online stories, some of which were picked up in mainstream trade publications, had proclaimed that bitcoin was unrelated to traditional investment markets, and even provided reliable protection against the kind of inflation in the United States and other parts of the world. knows now.

But this week’s bitcoin selloff came amid a broader market downturn — something that appears to disprove the notion that bitcoin is immune to conventional market pressures, analysts say.

“It was a story, but it’s not true,” said Damanick Dantes, a crypto investor and market analyst at cryptocurrency website CoinDesk.

Instead, Dantes said, bitcoin’s price trajectory is more like that of volatile tech stocks for companies that often operate at a loss despite strong growth.

In other words, betting on bitcoin these days is no different than betting on a tech company that might have a lot of potential, but whose short-term value is no longer clear.

The growth of these assets, Dantès said, is typically fueled by what he calls investors’ excess risk budgets — which are often correlated with low interest rate environments. Given that interest rates have risen and investors’ appetite for risk has waned, he said, the bitcoin selloff is not surprising.

“Investors and traders are now looking for stable, high-quality areas of value,” he said. “It’s the complete opposite of an asset like bitcoin.”

Asset at risk

The price of bitcoin skyrocketed amid the pandemic, from around $10,000 in September 2020 to over $60,000 in March 2021. He had purchased $1.5 billion worth of bitcoins.

Yet, by July 2021, the price of bitcoin had dropped to around $31,000. The drop follows an announcement in May that China had banned its financial and payment institutions from providing cryptocurrency services. In September, China issued a blanket ban on all crypto transactions and mining in the country.

Soon after, bitcoin started rising again. 2021 has also seen the rise of so-called “meme” stocks like GameStop and AMC. Analysts say the price of bitcoin is now most strongly correlated to these types of high-risk, high-reward stocks. GameStop shares hit a high of $325 in January 2021 and fell about 70% to $98 at the close of trading on Friday. AMC, meanwhile, fell about 80% from $59 in June 2021 to $11 on Friday.

“It’s the same traders – the same investors,” said Don Kaufman, co-founder of TheoTrade trading education platform and trading professional. “It’s bitcoin, NASDAQ, meme stocks.”

Pedestrians walk past an advertisement displaying a Bitcoin cryptocurrency token in Hong Kong on Feb. 15, 2022. (Photo by Anthony Kwan/Getty Images)File Anthony Kwan/Getty Images

Caution Warnings

For many investors, Bitcoin’s astonishing rise in 2021 was too much to resist.

According to a survey released in December by crypto firm Grayscale Investments LLC, more than half of current investors had only purchased bitcoin in the past 12 months. The investigation was first reported by Bloomberg.

In a sign of the widespread adoption of bitcoin, financial services group Fidelity announced in April that it would begin giving pension managers the option to invest workers’ retirement savings in bitcoin.

The announcement came despite guidance issued in March by the U.S. Department of Labor warning pension plan managers to “exercise extreme caution before considering adding a cryptocurrency option to the menu of investment of a 401(k) plan for plan participants”.

In an interview with NBC News, Ali Khawar, assistant secretary of the US Department of Labor, said caution was always in order.

“We’ve seen a lot of people say, ‘It’s the next sure thing’ – with an element of ‘Go downstairs or you’ll regret it,'” Khawar said. “What you don’t often hear is the other side of the equation: that it’s a relatively young asset class, with a lot of tough questions unanswered, like how evaluated or how it is stored.”

Future prospects

But while bitcoin isn’t a sure thing when it comes to immediate investment returns, many investors still believe it’s the next big thing for the tech, said principal analyst Ed Moya. of the market within the exchange group OANDA. He compared the recent cryptocurrency selloff to the bursting of the dotcom bubble. Although both may have been necessary to eliminate “foam” in their respective markets, the underlying technologies remain viable, he said.

“Bitcoin offers investors exposure to the future of blockchain technology and the future of smart contracts,” Moya said. “And for many emerging markets struggling with their fiat currencies, this also represents an alternative option for investors.”

While it is now clear that bitcoin is not an inflation hedge or a safe haven asset, he said: “For many people, it will provide long-term value. Its ecosystem will provide the next wave of innovation.”

But exactly when bets on this ecosystem will pay off is now an open question. Meanwhile, bitcoin holders — especially those newer to the market — are suffering heavy losses. According to data reported by Bloomberg, short-term bitcoin holders bought the digital currency at an average price of $47,500, meaning they are now firmly in the red.

The idea that bitcoin should be considered a risky asset correlated with some of the most advanced names in tech was picked up this week by Coinbase, one of the biggest cryptocurrency brokers. Coinbase saw its shares drop almost 80%, from a high of $323 in November 2021 to around $68, including a drop of around 20% on Wednesday.

“We are seeing a bear market for growth tech stocks and risk assets,” Coinbase CEO Brian Armstrong said during the company’s latest earnings call. “And of course, Coinbase and crypto are no exception to that.”

And like these more volatile tech stocks, bitcoin is proving very interest rate sensitive. When money is more expensive to borrow, investors are less likely to invest in riskier bets on the future like bitcoin. So, as interest rates rise, the price of bitcoin is more likely to fall.

CoinDesk’s Dantes said bitcoin prices also fell in 2014 and 2018 amid less accommodative monetary policy from the Federal Reserve.

“We are now in a time of high inflation and monetary policy tightening, so we expect lower returns for all assets going forward,” he said. “And if we reduce returns for traditional assets, we will see extremely low returns for speculative assets.”

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Cryptocurrencies are melting in a ‘perfect storm’ of fear and panic https://dinamikatrade.com/cryptocurrencies-are-melting-in-a-perfect-storm-of-fear-and-panic/ Thu, 12 May 2022 23:14:42 +0000 https://dinamikatrade.com/cryptocurrencies-are-melting-in-a-perfect-storm-of-fear-and-panic/ Cryptocurrency prices also fell precipitously. The price of bitcoin fell to $26,000 on Thursday, down 60% from its peak in November, before rising somewhat. Year-to-date, Bitcoin’s price movement has closely mirrored that of the Nasdaq, a heavily weighted benchmark to tech stocks, suggesting investors are treating it like any other risky asset. Ether’s price has […]]]>

Cryptocurrency prices also fell precipitously. The price of bitcoin fell to $26,000 on Thursday, down 60% from its peak in November, before rising somewhat. Year-to-date, Bitcoin’s price movement has closely mirrored that of the Nasdaq, a heavily weighted benchmark to tech stocks, suggesting investors are treating it like any other risky asset.

Ether’s price has also fallen, losing over 30% of its value over the past week. Other cryptocurrencies, like Solana and Cardano, are also down.

Any panic could be overdone, some analysts said. A study by Mizuho showed that the average owner of Bitcoin on Coinbase would not lose money until the price of the digital currency fell below $21,000. This, according to Mr. Dolev, is where a real death spiral could occur.

“Bitcoin worked as long as nobody lost money,” he said. “Once it gets back to those levels, it’s kind of an ‘Oh, my God’ moment.”

Professional investors who weathered the volatility in crypto also remained calm. Hunter Horsley, managing director of Bitwise Asset Management, which provides crypto investment services to 1,000 financial advisers, met with more than 70 of them this week to discuss the market. Many weren’t selling, he said, because all other assets were down as well. Some were even trying to capitalize on the decline.

“Their point of view is, ‘It’s not fun, but there’s nowhere to hide,'” he said.

Still, the price crash has rattled crypto traders. Just a few months ago, blockchain proponents predicted that Bitcoin’s price could hit $100,000 this year.

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CourseMark, LLC Joins as an Affiliate of Alden Investment Group https://dinamikatrade.com/coursemark-llc-joins-as-an-affiliate-of-alden-investment-group/ Tue, 10 May 2022 17:32:00 +0000 https://dinamikatrade.com/coursemark-llc-joins-as-an-affiliate-of-alden-investment-group/ WAYNE, Pa. , May 10, 2022 /PRNewswire/ — CourseMark, LLC recently joined Alden Investment Group as an affiliate. Situated in Frisco, TXa suburb of Dallas-Fort Worth field, CourseMark is the only 100% credit union owned Credit Union Service Organization (CUSO) offering pre-funded investments in employee benefits and executive benefits. Previously with Cambridge Investments, CourseMark also […]]]>

WAYNE, Pa. , May 10, 2022 /PRNewswire/ — CourseMark, LLC recently joined Alden Investment Group as an affiliate. Situated in Frisco, TXa suburb of Dallas-Fort Worth field, CourseMark is the only 100% credit union owned Credit Union Service Organization (CUSO) offering pre-funded investments in employee benefits and executive benefits. Previously with Cambridge Investments, CourseMark also offers financial planning, wealth management, charitable giving accounts and executive benefits solutions.

When asked why they decided to partner with Alden, Bill ParkinsonPresident and CEO of CourseMark, said, “There are many choices of partnering when it comes to brokerage and advisory services. Alden is the right partner for us because we trust them to help us navigate the regulations of the credit union space in order to create the best plans for our credit union customers.CourseMark exists to provide our customers with customized solutions that meet the needs of our customers, rather than off-the-shelf programs Alden is able to provide the solutions we need, while most companies could not offer us this flexibility.”

The company’s vision is to provide credit unions with tailored solutions to increase revenue and help attract and retain top talent. CourseMark chose to join Alden because of the superior institutional investment solutions available and its solid understanding of the credit union regulatory framework and their unique needs.

About CourseMark
CourseMark offers credit unions tailored solutions to improve returns and increase investment options, including: pre-funded employee benefit plans, executive benefit plans, charitable donation accounts and comprehensive advisory and portfolio management services. Our employee and executive plans provide the added benefit of improving our clients’ ability to attract, reward and retain talented team members at all levels of their organization. As a 100% credit union owned CUSO, we are fundamentally structured to share our success with our credit union partners.

CourseMark is a CUSO of Collins Holding Company, a wholly owned subsidiary of Collins Community Credit Union, headquartered in Cedar Rapids, Iowa.

About Alden Investment Group
Founded in 1995, Alden is an independent firm with a full-service broker/dealer and registered investment adviser. Alden offers a broad and diverse menu of services, including individual account management, institutional research, investment banking, private placement offerings, wholesale services, pension plans, asset trading equities, fixed income trading and options trading, among other broker/dealer and RIA capabilities. Alden offers a robust platform for its advisors, built around competitive payouts, with access to unique investment products and a best-in-class compliance program.

SOURCE Alden Investment Group

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Kayo subscription price to increase: News Corp https://dinamikatrade.com/kayo-subscription-price-to-increase-news-corp/ Thu, 05 May 2022 23:46:08 +0000 https://dinamikatrade.com/kayo-subscription-price-to-increase-news-corp/ Rupert Murdoch’s News Corp has told investors the company plans to raise prices for the Kayo Sports streaming service as it seeks to capitalize on a strong start to the AFL and NRL seasons. In a call with investors to discuss the company’s quarterly results on Friday morning (AEST), News Corp’s global chief executive Robert […]]]>

Rupert Murdoch’s News Corp has told investors the company plans to raise prices for the Kayo Sports streaming service as it seeks to capitalize on a strong start to the AFL and NRL seasons.

In a call with investors to discuss the company’s quarterly results on Friday morning (AEST), News Corp’s global chief executive Robert Thomson confirmed plans to raise prices for Kayo, but did not specified by how much or when the increase would take effect. “Kayo plans to implement a price increase as it benefits from its scale platform and high-quality production, which drives record early season ratings for the AFL and NRL,” said he declared.

News Corp reported slightly lower-than-expected growth in its latest reporting period.Credit:Bloomberg

A basic subscription to Kayo currently costs $25 per month, while a premium subscription costs $35.

A message on Kayo’s website Friday morning read, “Kayo Basic will increase to $27.50/month on your first bill starting May 9, 2022 (or after your offer ends).”

The price hike comes after News Corp’s subscription video segment, which hosts pay-TV platform Foxtel, Kayo and other streaming services including Binge, saw a 6% drop in quarterly revenue. at $494 million ($694 million).

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News Corp has explored plans to launch its Foxtel business – which includes pay-TV platform Foxtel, Kayo and other streaming services, on the ASX. However, these plans were recently scrapped due to market volatility. Thomson said News Corp was still pleased with Foxtel’s performance.

“We remain pleased with Foxtel’s turnaround and are very optimistic about its short and long term future. We continue to explore all options for Foxtel to continue to maximize its value, while closely monitoring all developments in the financial markets.

The global media conglomerate reported quarterly net profit of $104 million, up from $96 million a year earlier. Revenue was $2.49 billion, compared to $2.33 billion in the same period last year.

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international broker with 15 years of experience in global financial markets https://dinamikatrade.com/international-broker-with-15-years-of-experience-in-global-financial-markets/ Sat, 30 Apr 2022 09:00:00 +0000 https://dinamikatrade.com/international-broker-with-15-years-of-experience-in-global-financial-markets/ InstaForex was one of the first brokers to introduce trust management technologies and give its clients the ability to copy the trades of successful traders. The company has also developed its own services – PAMM and ForexCopy systems. The company continues to expand its services worldwide. Nowadays, InstaForex has representative offices all over the world […]]]>

InstaForex was one of the first brokers to introduce trust management technologies and give its clients the ability to copy the trades of successful traders. The company has also developed its own services – PAMM and ForexCopy systems.

The company continues to expand its services worldwide. Nowadays, InstaForex has representative offices all over the world and works with traders from all over the world. Its customers have already opened more than 7 million trading accounts.

Favorable trading conditions are not the only thing that makes the broker so popular. InstaForex also offers one of the best bonus programs in the market and regularly organizes various contests and giveaways.

In addition to public recognition, InstaForex has a high performance rating. He has won prestigious awards and been recognized as the best broker in Asia, Eastern Europeand the IEC several times.

Be selected as the most active broker in Asia by AtoZ Markets Forex Awards and Best Affiliate Program by UK-based Global Brands Magazine are some of the broker’s latest achievements.

Over the years, InstaForex has cooperated with many world famous sports stars, including Norwegian biathlete Ole Einar Bjørndalen, tennis players Victoria Azarenka and Daria Kasatkina and many other athletes.

Nowadays, InstaForex brand ambassadors are three-time Olympic swimming champions Yulia EfimovaGrand Master Viswanathan Anandthe best rider Ales Loprais, as well as the world muay thai champion Vladimir Moravik.

The broker also cooperates with entire sports teams. Its partners are the German football club Borussia Dortmund, the Slovak hockey club Zvolen and the American racing team Dragon Racing.

Moreover, InstaForex is the title sponsor of the InstaForex Loprais team, a well-known rally team, which once again proves that the company strives to be the best in everything. The broker always makes every effort to meet the highest quality standards both in terms of trading conditions and customer services.

Photo: https://mma.prnewswire.com/media/1808091/InstaForex.jpg

SOURCEInstaForex

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Better Buy: SoFi Technologies vs. Robinhood Markets https://dinamikatrade.com/better-buy-sofi-technologies-vs-robinhood-markets/ Sat, 23 Apr 2022 11:25:00 +0000 https://dinamikatrade.com/better-buy-sofi-technologies-vs-robinhood-markets/ When Robinhood Markets ( HOOD -1.72% ) made public last July, it was one of the most anticipated IPOs of the year. But the online trading platform that revolutionized and disrupted the industry has fallen on hard times since then, and its stock price has plummeted. It hasn’t really been an easy road for Sofi […]]]>

When Robinhood Markets ( HOOD -1.72% ) made public last July, it was one of the most anticipated IPOs of the year. But the online trading platform that revolutionized and disrupted the industry has fallen on hard times since then, and its stock price has plummeted.

It hasn’t really been an easy road for Sofi Technologies ( SOFI -3.18% ) that is, since its IPO in June 2021. SoFi is a bit of a hybrid – part bank, part online broker, part tech company. Which of these two fintech is better to buy?

Image source: Getty Images.

1. Robinhood Markets

With its goal of democratizing investing, Robinhood disrupted the industry soon after its founding in 2013. Not only did it popularize free trade, which changed the entire industry, but the ease of its mobile platform has brought millions of new investors to stock markets.

The stock went public on July 29 at around $35 per share and doubled in a week to over $70 per share. Since then, it has fallen to its current price, around $10 per share. Since the beginning of the year, it is down about 42%.

So while Robinhood has disrupted and revolutionized the business, its much larger competitors have followed suit, eliminating its competitive advantage and eating away at its revenue. Robinhood peaked at 21.3 million active users in the second quarter of 2021, but has seen that number drop over the past two quarters to 18.9 million in the third quarter and 17.3 million in the fourth quarter. Additionally, revenue per user fell from $137 in Q1 2021 to $64 in Q4.

Revenues have fallen with him and the company continues to operate with a net loss. In the fourth quarter, revenue fell from $565 million in the second quarter to $363 million in the fourth quarter, with a net loss of $423 million. And revenue is expected to fall in the first quarter of 2022 to $340 million.

Since Robinhood caters to new, young, and less affluent investors, the market downturn has had a greater effect on its clients than on clients of large traditional brokerages. The company has also run into a slew of legal and regulatory entanglements stemming from the “meme stock” frenzy its platform has helped fuel over the past two years.

2.SoFi Technologies

SoFi Technologies also has an online brokerage, but it is primarily known as an online lender, as it got its start in the student loan market. Now, it offers all kinds of loans, including mortgages, as well as banking, investments, and other financial services through its app. It also has a banking-as-a-service (BaaS) business, providing the technology platform to help other businesses build their own digital banking businesses.

Like Robinhood, SoFi has also seen its share price drop since its IPO. It went public on June 1 at around $20 per share, and now it’s trading at just over $6 per share. It is down 59% since the start of the year. It had become overvalued and was caught up in the correction in growth stocks that began last fall. Currently, SoFi’s price-to-sales ratio is around 4, down from a high of 18 last year.

While its stock price tends to fall, its earnings and other metrics tend to rise. In the fourth quarter, revenue jumped 67% year-over-year to $285 million, and for all of 2021, revenue was up 74% to $984 million. However, the company recorded a net loss of $111 million due to higher expenses.

Other positive signs are growth in the number of members or users. By the end of the fourth quarter, it had 5.1 million members, roughly doubling year over year, and the number of SoFi products they were using also nearly doubled. In addition, the BaaS branch has seen the number of accounts it supports increase to 100 million, compared to 60 million at the end of 2020.

For 2022, SoFi forecasts a 55% increase in revenue.

What’s the best buy?

SoFi seems like the best option for several reasons. For starters, it’s growing revenue and users, while Robinhood has stalled or gone the other way. But beyond that, there’s just more to love about SoFi’s growth prospects. He has several sources of income, and all of them are growing.

It has just made a major acquisition in its BaaS technology business, buying Technisys, a banking platform that syncs with its existing Galileo platform that extends and improves what it can offer its customers. SoFi also received a banking charter in the first quarter, following the acquisition of Golden Pacific Bancorp. It can now offer deposits and no longer has to partner with third-party banks to provide loans, which has doubled effect of saving money and increasing interest income. . Ultimately, SoFi has the lofty goal of being a one-stop financial services platform and the Amazon Fintech web services.

The path to profitability and growth seems much clearer and less difficult for SoFi than for Robinhood.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

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How To Find The Best Penny Stocks To Buy In 2022 | https://dinamikatrade.com/how-to-find-the-best-penny-stocks-to-buy-in-2022/ Sun, 17 Apr 2022 01:51:26 +0000 https://dinamikatrade.com/how-to-find-the-best-penny-stocks-to-buy-in-2022/ 3 Tips for Finding Penny Stocks to Buy in 2022 There are several ways to find penny stocks to buy in 2022. But before you begin this process, it’s crucial to understand exactly what you’re looking for in a penny stock to buy. There are a few key characteristics to look for in a penny […]]]>

3 Tips for Finding Penny Stocks to Buy in 2022

There are several ways to find penny stocks to buy in 2022. But before you begin this process, it’s crucial to understand exactly what you’re looking for in a penny stock to buy. There are a few key characteristics to look for in a penny stock.

The first is to understand the finances of the business. This means reviewing the company’s balance sheet, income statement, and cash flow statement. It is also important to review the company’s filings with the Securities and Exchange Commission (SEC). These deposits will give you a good idea of ​​the financial health of the business.

[Read More] Best Penny Stocks Trading Strategies in 2022

The second characteristic to look for in a penny stock is to understand the company’s business model. This means examining the company’s products or services, its target market and its competitive landscape.

Finally, the third characteristic to look for in a penny stock is to understand the management team of the company. This involves looking at the team’s industry experience, track record of success, and plans for the future.

Once you’ve identified a few penny stocks, it’s time to start making a watchlist and figure out how to buy penny stocks and make a profit.

3 Tips for Trading Penny Stocks in 2022

  1. Use volatility to your advantage
  2. Understand how the news will impact your portfolio
  3. Learn to trade Penny Stocks

Use volatility to your advantage

If you’re like most traders, you’re always looking for an edge. And if you’re not, you should be. After all, trading penny stocks is competitive and the goal is to make more money than before. One way to gain an advantage is to use volatility to your advantage. Volatility is simply a measure of the price fluctuation of a penny stock.

A high volatility stock is one that tends to make big moves, while a low volatility stock is one that will most often move less. Obviously, as a trader, you want to buy stocks when they are low and sell them when they are high. And one of the best ways to do that is to buy high volatility stocks.

Why? Because when a stock is volatile, it means there are a lot of people buying and selling it, or in simple terms, high volume. And when there are a lot of people buying and selling a stock, that means there is a lot of cash. Liquidity is important because it allows you to easily buy and sell a stock. When it comes to penny stocks, high volume and high volatility is the name of the game.

Understand how the news will impact your portfolio

Understanding how the news will impact your portfolio can and is probably the most important step to making money with penny stocks. While many like to think that fundamentals are what drive stock prices, more likely than not, news drives the stock market.

[Read More] Energy Penny Stocks Explode Today and These Small Caps Are Leading the Charge

best stocks to buy

When trying to find information about a company, the most important place to look is recent press releases or company announcements. Moreover, watching market news is also crucial. After all, if there is big news that will impact a lot of stocks, it stands to reason that penny stocks will be impacted as well.

For example, let’s say there’s a big announcement from the FDA about a new drug that could potentially be used to treat a certain disease. This would likely have a positive impact on the share price of the company that developed the drug. In turn, this could also have a positive impact on penny stocks.

Conversely, if there is negative news about a company, it could also have a negative impact on penny stocks. Given this, news is a crucial way to make money with penny stocks.

Learn to trade Penny Stocks

penny stocks to buy

There are many ways to trade stocks, but the most common is swing trading. Swing trading involves buying and selling stocks over a period of days or weeks, holding the stock until it peaks, and then selling it back for a profit. Swing trading is a great way to make money in the stock market, but it takes some practice to get good at.

On top of that, long-term trading is doable, however, it’s not as common with penny stocks. Because penny stocks are so volatile, long-term trading is not always the most popular as it can lead to significant losses. But, if you trust a company, it can be a great way to make a profit.

Another crucial strategy is to do your research. Before you start trading, it’s important to do your homework and learn as much as you can about the stock market. This will help you identify stocks that are likely to rise or fall in value and make the most of those moves.

3 Penny Stocks to Watch Right Now

  1. Borqs Technologies Inc. (NASDAQ: BRQS)
  2. Transocean Ltd. (NYSE: RIG)
  3. Polarityte Inc. (NASDAQ: PTE)

What Penny Stocks are you looking at right now?

Are penny stocks worth it? This is a question many people ask themselves when considering investing in the stock market. Although there is no easy answer, there are some things to consider that can help you make a decision.

[Read More] Top Social Media Penny Stocks to Watch After Elon’s Twitter Takeover Bid

Because penny stocks are below $5, they offer a high probability of volatility and a high probability of return. However, penny stocks also present a high chance of losing money if one is not careful. So always understand your investment goals and how to take advantage of what’s happening in the stock market. With that in mind, what penny stocks are you looking at right now?

If you enjoyed this article and want to learn how to trade so that you have the best chance of making a profit consistently, you need to check out this YouTube channel. CLICK HERE NOW!!

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TCGplayer named one of the largest and fastest growing markets by Silicon Valley’s Andreessen Horowitz https://dinamikatrade.com/tcgplayer-named-one-of-the-largest-and-fastest-growing-markets-by-silicon-valleys-andreessen-horowitz/ Thu, 14 Apr 2022 13:15:00 +0000 https://dinamikatrade.com/tcgplayer-named-one-of-the-largest-and-fastest-growing-markets-by-silicon-valleys-andreessen-horowitz/ This ranking comes at a time of rapid growth for TCGplayer as the company is set to enter the sports card market. Tweet that “I am delighted that TCGplayer has been recognized by a16z as one of the world’s largest and fastest growing marketplaces, furthering our reputation as the premier technology platform for the collectibles […]]]>

“I am delighted that TCGplayer has been recognized by a16z as one of the world’s largest and fastest growing marketplaces, furthering our reputation as the premier technology platform for the collectibles industry” , said Chedy Hampson, founder and CEO of TCGplayer.

Companies on the a16z Marketplace 100 list are ranked by market activity, using a mix of data from Bloomberg Second Measure, Similarweb and Apptopia, which measures gross merchandise value (GMV), website traffic and application performance.

Hampson continued, We are honored to be recognized for the explosive growth we have experienced over the past year, and looking ahead, we are hyper-focused on expanding our products and services beyond TCG. I am confident that TCGplayer will build on this momentum and successfully bring our innovative tools and customer-focused approach to the rapidly growing sports card market later this summer, expanding our community, helping even more retailers thrive. and guaranteeing fans the products and services they want and deserve. Thanks to the TCGplayer team for positioning us for this growth and success; It’s an exciting time to lead such a talented group of people!”

Rapid growth of TCGplayer

This ranking comes at a time of rapid growth for TCGplayer, as the company is poised to enter the sports card market in the summer of 2022. Fueled by strategic investments in its team, technology and products , and growing demand in a strong hobby collectibles industry, TCGplayer has experienced a period of rapid growth over the past five years. Like previously announced, the Company secured $35 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. TCGplayer has used the funding to accelerate its vertical expansion ambitions, taking the company beyond its core collectible card game business and into sports cards and other new hobby collecting categories like comics over the next few months.

Today, TCGplayer employs more than 650 people, representing an overall headcount increase of 100% over 2021. In 2021 alone, the company expanded its authentication center to approximately 100,000 square feet, expanded its team of authentication experts by nearly 150% on an annual basis, and deepened its executive talent pool, including building its first-ever Supply Chain Director, Product manager and Marketing Director. During the same period, TCGplayer increased its sales by 80%, serving tens of millions of amateur buyers and tens of thousands of physical retailers and online sellers through the TCGplayer marketplace and its Syracuse, New York– based operations.

To learn more about TCGplayer’s recent and rapid growth, please visit the company’s press center at https://seller.tcgplayer.com/about/press-center/.

About TCGplayer

TCGplayer is the leading technology platform for the collectibles industry. Founded as a digital media platform in the collectible hobby space, the company has grown from its initial roots working in Syracuse-based hobby stores selling comic books, sports cards, CDs , trading cards, action figures and tabletop games into a vast e-commerce marketplace. TCGplayer develops apps and technologies that are revolutionizing the collectibles market by connecting thousands of hobby and collectibles businesses with customers around the world. The company’s e-commerce and data management tools power sales through physical stores, websites, mobile apps and the TCGplayer marketplace. TCGplayer prides itself on creating a culture that fosters camaraderie, embraces diversity and exudes passion and provides stock options to all its employees. The company has been named one of New York State’s 50 Best Employers and one of the 100 Best Companies for Women in the United States by Fortune.com and has been certified as a Great Place to Work by our employees five years in a row.

CONTACT: [email protected]

SOURCETCGplayer.com

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Trading Volumes on Major Crypto Exchanges Hit Low in 6 Months https://dinamikatrade.com/trading-volumes-on-major-crypto-exchanges-hit-low-in-6-months/ Tue, 12 Apr 2022 00:30:00 +0000 https://dinamikatrade.com/trading-volumes-on-major-crypto-exchanges-hit-low-in-6-months/ Mumbai: Trading volumes on crypto exchanges WazirX, ZebPay and Giottos hit a six-month low on April 10 due to uncertainty surrounding crypto regulations in the country WazirX, one of India’s largest cryptocurrency exchanges, has seen 65-90% of its business erode after e-wallet Mobikwik disabled its services on the platform in the past few days . […]]]>
Mumbai: Trading volumes on crypto exchanges WazirX, ZebPay and Giottos hit a six-month low on April 10 due to uncertainty surrounding crypto regulations in the country

WazirX, one of India’s largest cryptocurrency exchanges, has seen 65-90% of its business erode after e-wallet Mobikwik disabled its services on the platform in the past few days .

ET was first to report on April 11 due to a lack of clarity on using the Unified Payments Interface (UPI) to process transactions. US-based Coinbase, which announced its entry into India last week, also hit the UPI roadblock and disabled the service.

Trading volumes on major crypto exchanges (normalized for the past year) fell 92-98% on April 10 at one point from peaks seen last year, according to data from the crypto aggregator -currency Coingecko.com.

The surge in trading over the past year came on the heels of a bull run in the market that led to millions joining India’s crypto bandwagon.

WazirX and ZebPay declined to comment on the impact facing their businesses.

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The decline in transaction volumes is due to a combination of the latest tax guidelines that took effect on April 1 and the refusal of payment aggregators and service providers to work with crypto exchanges, several senior crypto exchange executives said. The broader crypto market also had a slow start to the year and exhibited bearish trends.

The new rules levy a 30% tax on crypto gains and do not allow users to offset losses.

Vikram Subburaj, founder and CEO of crypto exchange Giottos, told ET that his service provider cut off access to UPI a few days ago.

Crypto exchange Unocoin also shut down access to UPI this week, though the company attributes it to “a tech hiccup on their end” that will be resolved in a few days.

“Even after the Supreme Court verdict (which struck down Bank Bank in 2020) and RBI’s clarification last year (reiterating the Supreme Court ruling), the crypto industry is heavily impacted by a lack access to banking services in India,” said a senior crypto exchange executive requesting anonymity. “Services are cut every 2-3 months by payment partners.”

ET reported on April 10 that US-based Coinbase had temporarily suspended the UPI payment option after it came under scrutiny from UPI rail operator, the National Payments Corporation of India (NPCI).

When it launched on April 7, Coinbase said it would allow users to buy cryptocurrencies using UPI, subjecting it to regulatory scrutiny.

The drop in volume will have a proportional impact on the company’s revenue, as these exchanges make money on each transaction. Several experts have said that if the current trend continues, several exchanges could pull back over the next six months.

Nearly 70-80% of crypto exchanges shut down and did not survive after RBI’s crypto banking ban.

“If things continue as they are, there could be a lot of trade closures, a few will hold. The idea is that you will have to cut costs and stay lean. It’s the only way to survive in the market,” said Subburaj of Giottos, which has one million users.

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