Lax Capital

Getting a broker involved could be the greatest choice or the worst mistake you make in forex trading. The right one could help your profits soar to new heights, while the wrong one could see your money completely disappear. Plus, if you end up getting scammed by a fraudulent broker, the outcome could be even worse.
You need to take the time and devote attention to choosing the right broker. Consider these factors to help make your choice easier: What do I want to accomplish? What is this broker offer? Are they using reliable sources for their referrals? Once you decide, you can take additional precautions by testing the broker with small trades at first. Of course, you should also avoid brokers that offer bonuses to you.

Typically, when one part of the market moves, another is sure to follow suit. It’s like Newton’s Third Law of Motion: for every action, you are guaranteed a reaction. In forex trading, these actions are usually based around scheduled economic news. As a result, many traders will try and get ahead of the news and buy or trade accordingly in an attempt to either soften the blow or maximize the profit. Don’t do it.
The price is almost definitely going to move sharply up or sharply down in the wake of a big news release. It’s best to avoid getting caught up in the extremes and stick to a strategy that gets you involved in trading after the release.

Forex trading is so popular because it has such a low entry barrier — really, anyone with more than a few bucks could stand to win (even if they wouldn’t be winning very much at all with such a low investment). However, this also means that there’s a greater potential for your eyes to become bigger than your wallet. To be truly successful at forex trading, you must first establish a risk management strategy that defines just how much of your money you’re willing to risk. The standard belief is that an investor should never risk more than a few percentages of their capital on any given trade. Likewise, an investor should set aside a given percentage of their wealth that they can afford to lose.
Of course, there will be times where you get the urge to completely ignore these percentages and risk much more than you’d normally be comfortable with. Referred to as “going all-in,” this incredibly risky practice has the potential to completely upend your risk management strategy and result in you losing far more than you’d ever be comfortable with otherwise. It’s best to resist the urge and stick to your percentages, no matter if you’re having a good day or a bad one.

2/5

First and foremost, the obvious needs to be said: If you can’t seem to stop losing money, then stop spending it. There are two ratios that are key to forex trading, and they’ll be your guide as to whether or not you need to give it a rest for the day: your win-rate, which is a percentage of how many trades you win, and your risk-reward, which is a ratio of how much you win relative to how much you lose. An ideal win-rate is 50% or above, while an ideal risk-reward ratio is 1 or above.
A win-rate of 50% and a risk-reward of 1 means that you lose as much as you win, effectively cancelling everything out. If you’re successful, you’ll see a win-rate well above 50 and a risk-reward that surpasses 1.

1/5
Forex trading, or foreign exchange trading, is one of the most accessible day trading markets out there. All it takes is a computer, a couple of hundred dollars, and an internet connection to buy, sell and trade foreign currencies in an effort to walk away with more than you put in. However, this is not a guarantee of a quick income. Many forex traders end up losing money instead of making it. There are ways to avoid this, which we will focus on this week.

What are your views on this?

If you’re hoping to pursue an alternative investment, there are a few things you need to be on the lookout for. These tips and tricks will keep you from blindly investing and keep you on the path to a successful alternative investment.

Make an investment that makes sense to you and has a sensible approach to investing.

If investing in a fund, check the credentials of the managers and past performance. Their past performance should be consistent, otherwise, you’ll be taking a much larger risk than you should.

Look for an investment that gives you the ability to increase or decrease your investments without much trouble.

Always pursue well-defined exit routes — you can never be too careful.

Make sure your investment has favourable fee arrangements.

Resist the temptation to buy too fast and pay too much — if the investment is good, there will be an opportunity to increase it. Don’t rush things.

Book of the week!

Snippets from the father of classical economics, from one of the most influential books ever written.

This creative interpretation from Karen McCreadie is every bit as relevant today as it was back in 1776 when Adam Smith published it.

3/3
3. Be Contrarian
Your best bet is to be a contrarian investor.�There is no undervalued stock that is known by everyone. If everyone knew it, then why the price has not gone up? The bottom line is to buy when no one else will.�If everyone likes it, sell; if no one likes it, buy.
As Warren Buffet said, “the less prudence with which others conduct their affairs, the greater prudence with which we should conduct our own affairs.” When others are afraid, you needn’t be, when others are unafraid, you better be.
After Lehman’s collapse in 2008 in the great financial crash, everyone was afraid of financial stocks. The market rewarded contrarian investors who waited patiently and bought financial companies in 2009. Contrarian investors find opportunities that offer the right balance of return and risk.

2/3
2. Discipline
What is most important in investing? It is not knowledge or strategy, but it is the discipline.�The riskiest thing to do is to buy something when everyone else is buying. All the information has already been factored in the price. You want to participate in an auction where there are only 2-3 bidders rather than hundreds. You want to buy something when it is not discovered. The most profitable thing to do is to buy something when no one is keen on buying it.

1/3 There is no single investment opportunity or asset class that can promise consistently high returns all the time. Here we have 3 key points to always consider before investing:

1. Price and Time

There is no good or bad investment but good or bad price and time of investment.�Selecting good companies does not guarantee superior returns. See – Cable and Wireless, Xerox, British Steel, Thomas Cook, and Blockbuster. Great investment decisions are based on two things – Price paid for the stock and the time of purchase. No company is so good that it cannot be overvalued or so bad that it cannot be undervalued.

Time is of the essence, or is it?

What are your views?

Bank of America Vs Wells Fargo: Which Banking Stock Is The Better Buy? https://seekingalpha.com/article/4502365-bank-of-america-vs-wells-fargo-banking-stock-better-buy?source=feed_f

Bank of America Vs Wells Fargo: Which Banking Stock Is The Better Buy? Major bank stocks have been pulling back in recent months. Read more to find out if Bank of America or Wells Fargo is the better bank stock to buy.

To put things simply, an alternative investment is anything that is not a traditional investment in the mainstream market.
Why do you think people are scared of them?

FutureTech II Acquisition Looks For AI Or Robotics Target (NASDAQ:FTII) https://seekingalpha.com/article/4502266-futuretech-ii-acquisition-looks-ai-robotics-target

FutureTech II Acquisition Looks For AI Or Robotics Target (NASDAQ:FTII) FutureTech II intends to pursue a merger with a co. in the sectors of disruptive technologies. Check out why I'm on HOLD for FTII.

Research should always be the first thing you do before taking any decision. Trust your instinct but always start with researching the company.

What Did U.S. Fund Investors Do With Their Money in Q1? https://www.morningstar.com/articles/1088704/what-did-us-fund-investors-do-with-their-money-in-q1

What Did U.S. Fund Investors Do With Their Money in Q1? Investors stuck with stocks and bailed on bonds during the first three months of the year.

Long-term investments almost always outperform the market when investors try and time their holdings well.

What are your views?

Mastercard: Embracing Crypto But Insiders Are Selling (NYSE:MA) https://seekingalpha.com/article/4502229-mastercard-embracing-crypto-but-insiders-are-selling

Mastercard: Embracing Crypto But Insiders Are Selling (NYSE:MA) Mastercard is embracing Crypto & NFT’s, they have filed 15 trademarks in this area recently. Read what to know about MA stock here.

What are your views?

After You Secure The Present, Focus On What's Next https://seekingalpha.com/article/4502309-after-you-secure-the-present-focus-on-whats-next?source=feed_f

After You Secure The Present, Focus On What's Next As earnings season develops it’s likely that we will see a fair amount of volatility in the stock market.

Street Earnings Overstated For Most S&P 500 Companies In 2021 https://seekingalpha.com/article/4502383-street-earnings-overstated-for-most-s-and-p-500-companies-in-2021?source=feed_f

Street Earnings Overstated For Most S&P 500 Companies In 2021 For 336 companies in the S&P 500, Street Earnings overstated Core Earnings for the trailing twelve months ended calendar 2021.

Honda Stock: Unlocks Strong Electrification Catalyst (NYSE:HMC) https://seekingalpha.com/article/4502334-honda-unlocks-strong-electrification-catalyst?source=feed_f

Honda Stock: Unlocks Strong Electrification Catalyst (NYSE:HMC) Honda (HMC) is experiencing temporary headwinds that are weighing on its top line growth. Read more to know why I believe HMC stock is a buy at today's price.

Is Microsoft Stock A Good Choice For New Investors? (NASDAQ:MSFT) https://seekingalpha.com/article/4502237-is-microsoft-stock-a-good-choice-for-new-investors?source=feed_f

Is Microsoft Stock A Good Choice For New Investors? (NASDAQ:MSFT) Microsoft is a diversified and resilient business protected by strong barriers to entry. The company is well positioned and poised for growth over the coming years.

AXIOS Sustainable Growth Targets AgTech Industry In Volatile Europe (NYSE:AXAC) https://seekingalpha.com/article/4502420-axios-targets-agtech-industry-in-volatile-europe?source=feed_f

AXIOS Sustainable Growth Targets AgTech Industry In Volatile Europe (NYSE:AXAC) AXIOS Sustainable Growth Acquisition seeks to merge with a company in the agriculture space in Central or Eastern Europe. Read what to know about AXAC here.

Midwest Electricity Prices Skyrocket Amid Capacity Shortfall https://seekingalpha.com/article/4502417-midwest-annual-electricity-prices-skyrocket-amid-high-ng-and-capacity-shortfall

Midwest Electricity Prices Skyrocket Amid Capacity Shortfall MISO's 2022-23 PRA results, posted last week, revealed a perilous power market situation for the Midwest USA. Click here to learn more.

Porsche’s IPO shows old ties are loosening in corporate Germany https://www.ft.com/content/d77694b8-e0c6-4841-a509-d8e3f070063c

Porsche’s IPO shows old ties are loosening in corporate Germany Until now, excluding Deutsche Bank from a leading role in a blockbuster listing had been unthinkable