The Cash Diaries

If you do a search for Forex Signals, you’ll see a bunch of different companies and individuals offering “money making systems”, which can be all yours for a small price of $$$.   Some of these providers are outright scams.  Others will get you to join a broker, and make a large deposit before you can get access to their signals.

But did you know that you don’t need to pay anyone to access to forex signals?  And you can get access to signals that are not only profitable, but you’re able to see all the past trades to verify this for yourself.

Continue reading

Did you know you can now use Bitcoin to trade stocks, forex and commodities?  It’s just like trading using fiat currency, but the base currency in this case is Bitcoin.

Whaleclub is a fast growing online broker that allows you to trade entirely using digital currency.  So if you’re looking to make use of your bitcoin reserves, read on:

Continue reading

Whaleclub is an exciting new type of trading platform that allows you to trade forex, stocks and commodities using cryptocurrency.

Have you ever wanted to trade Apple stocks using Bitcoin?  Or use Dash (another cryptocurrency) to trade forex?  Well now you can.  But can you actually make money?  Is it legit?  Well read on to find out more about this new type of trading.

Continue reading

The last 12 months have been packed full of major political events.  And these events have all had an impact on the markets.  I can’t remember a time when so much was happening in such a short period!

The next major event looks like it will be the U.K election.

So what impact will this have on the markets?  Will there be as much volatility as we saw during Brexit and the U.S presidential election?  I don’t think we’ll see the same amount of sharp movement in the markets, but there still could be some interesting trading opportunities.

Here’s a run down on some of the scenarios that we could see:

Continue reading

CFDs are a popular form of investing.  I wanted to break down some of the pros and cons and explain why they are becoming more and more popular with online brokers.

What is a CFD

A CFD is a tradable asset that will mirror the price of the underlying asset.  CFD (Contract for Difference) is a contract between you and your broker to pay each other the difference between the price of an asset when you open the trade, and when you close the trade.  An asset might be a stock such as Apple or a commodity such as Gold.

Continue reading

Copy trading as the name suggests, is when you copy the trades a successful trader makes.  eToro, the largest copy trading network, makes the entire process automatic.  You can find top traders using their search tools, then with a click of a button, allocate funds to automatically copy the trades that this person makes.

On eToro, everybody’s trades are made public, so you can easily find people who are successfully making money trading, and copy their trades.  As an investor you’ll benefit by tapping into the wisdom and knowledge of top traders.  And as a Trader, if people copy you, you’ll earn a commission.

I’ve been using the platform for over 5 years, and am a huge fan.   So i’ve put together this guide on how to create your own copy trading portfolio.

Continue reading