Margin refers to the initial deposit you need to commit in order to open and maintain a leveraged position. So, a trade on EUR/USD might only require a 0.50% margin in order for it to be opened. As a result, instead of needing $100,000 to open a position, you’d only need to de...
In the words of Steve Jobs, “The only way to do great work is to love what you do.” Starting your own business is one step towards doing work that you love. But from forming an idea to creating a business website, there are several essential steps and questions to consider before ...
These benchmarks will also help you forecast revenue and demand as accurately as possible until you begin generating sales and have an earnings history to use as a guide. Immerse yourself in the trade: Follow trade media and individual thought leaders in your chosen category and read up on ...
As such, you need a vehicle that can handle the equipment and daily wear and tear of your trade. Will you buy a new truck or a used truck? Which appliances do you need to install to build out your food truck kitchen? The inside of your truck must be safe and sanitary with non-...
Non-disclosure agreement.If your business deals with sensitive information, consider having employees sign a non-disclosure agreement (NDA) to protect your confidential information and trade secrets. Keep in mind that this is just a starting point when it comes tomanaging employees— after all, empl...
💡 Tip:Depending on your budget, you can hire an agency to find a brand name that’s fresh, relevant, and on trend. Or you can useShopify’s business name generatorand find non-trademarked business names for no cost. 6. Price your products ...
Do not leave any loopholes and document clearly the benefits each company member is entitled to. Who is responsible for which area of the business and how much work they commit to putting in. Make sure you put this on paper when you incorporate the company. You never know how successful ...
How to Work From Home and Win the Day Tips for working remotely without missing a beat. Working from home is a privilege for those who can do their jobs independent of location. That’s not to say that remote work doesn’t come with its own challenges. So, how do you set yourself up...
Keep in mind you do not need to look for strategies that work 100% of the time. In fact, if you do, you'll likely find no workable strategies. Look for strategies that net a profit at the end of the day, week, or year(s), depending on your time frame. Backtesting is a crucial...
However, proprietary trading desks can also function as market makers, as outlined above. This situation arises when a client wants to trade a large amount of a single security or trade a highly illiquid security. Since there aren't many buyers or sellers for this type of trade, a proprietar...