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OKEx Trading Competition starts now!

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OKEx Trading Competition starts now and we are distributing 10,000USDT to the first 100 traders with the highest volume, Connecting your Gunbot and get a piece of that cake is easy, you can do it in 3 easy steps: Download a copy of Gunbot for OKEx Edition from our GitHub repoVisit your Gunbot Settings and type a fantasy nickname in the OKEx Trading Competition tab2Click the save button Done! You can now follow your competition at https://okex.gunthy.org:444 Happy trading!

How to find the Right Currency Trading Course

A currency trading course can be an excellent way to learn the fundamentals needed to become a successful trader. It can potentially provide you with a solid base on which to build your trading future. However, what you get out of it will depend on how much your really commit to the learning experience and how much you end up applying it to you future trading. A currency trading course can come in various formats including books (both electronic and hard-copy), video, webinars, and live trading rooms. They can also vary a lot in cost - some might be free but others could be several thousand dollars. The key is to find the right type of training for your personal circumstances and your level of trading experience. What To Avoid Not every currency trading course will be the same. You can check on the major forex forums or portals to get people's recommendations, although often someone's opinion of a particular course will be influenced by how profitable their tradin…

This Hated Commodity Could Make Huge Gains in 2018

The forecast showed an extra 20 million pounds of uranium production for 2018... with no buyers. As you can imagine, the uranium price plummeted.It hit its lowest price in October 2016 at $18.75 per pound. That touched a 13-year low price.The downtrend began back in 2011. The uranium price peaked at $72.50 per pound in January 2011. It fell steadily since then, down a total of 74%.This is a shocking result for an energy source that many embraced as a "green" rescue from hydrocarbons just a few years ago. Nuclear power creates safe, carbon-free energy.The problem is, it can cause huge disasters. That's what we discovered when the Fukushima disaster struck Japan.The Demise of Nuclear PowerAn earthquake and tsunami damaged the Fukushima Daiichi nuclear power plant in March 2011. The earthquake damaged a reactor. Then the tsunami inundated the area, destroying vital backup generators.Without the backup power, cooling water couldn't get into the plant. That caused a runaw…

Gasoline Has a Dirty Secret, and It's Making Investors Rich

I just filled my truck up with gasoline. I paid nearly $2.60 per gallon, which feels expensive to me.It's hard to believe that prices this summer were the highest since 2014. We've had nearly four years of low gasoline prices... or what feels low.However, based on the oil price, we're paying more for gasoline now, on a relative basis, than we did back in 2008.Quite a bit more. That makes me think there is an opportunity for investment.Let me show you...Something Odd Is Going on With GasolineThe price of oil makes up just 45% of the price of gasoline. The rest is taxes (21%), refining costs (18%) and distribution (16%).However, something odd is going on with the gasoline price. We can see it from a simple comparison: by how many gallons of gasoline can we buy with one barrel of oil.In theory, that ratio shouldn't change much. However, something isn't right with the gasoline price. As oil prices fell from 2008 to the present, the price of gasoline got more expensive …

How To Make Sense Of Crude Oil Futures

The stock market has traditionally proved to be a fantastic platform for investors to trade financial instruments, and similarly commodities are traded by way of an investment vehicle known as a "future". The "future" is a financial instrument that the investor uses to take a position on where the investor feels that the price of the underlying commodity will move in the future. The futures trader purchases this vehicle with the belief that the price of the commodity will either increase or decrease at a certain predetermined future date.The purchase of a future is a contract that locks in the price today so that the purchaser can acquire the underlying commodity in the future at today's agreed upon price regardless of any possible market conditions in the future (the agreed upon date). Globally there are numerous futures markets, and for petroleum the largest markets are the New York Mercantile Exchange (NYMEX) along with the International Petroleum Exchange, …

How Does Cryptocurrency Gain Value?

Cryptocurrencies are the latest 'big thing' in the digital world and have now been recognized as being part of the monetary system. In fact, enthusiasts have tagged it as 'the revolution of money'.In clear terms, cryptocurrencies are decentralized digital assets that can be exchanged between users without the need for a central authority, the majority of which being created via special computation techniques referred to as 'mining'.The acceptance of currencies, like the US Dollar, Great British Pound and the Euro, as legal tender is because they have been issued by a central bank; digital currencies, however, such as cryptocurrencies, are not reliant on the confidence and trust of the public on the issuer. As such, several factors determine its value.Factors that Determine the Value of CryptocurrenciesPrinciples of Free Market Economy (Mainly Supply and Demand)Supply and demand is a major determinant of the value of anything of value, including cryptocurrencies…

Millionaire FX Traders - Lessons From Them for Forex Trading Success!

In this article, we will look at some lessons from a group of ordinary people, who learned to trade in just 14 days and then went on to make hundreds of millions of dollars. You can learn a lot from this group of people so lets look at how they achieved stunning Forex trading success after just a few weeks training. The paradox of FX trading is easy to learn yet very few succeed. In fact, the amount of traders who make money is a minority of just 5 percent. If you learn how our group of super traders learned to win, you will understand how they made money and how you can too. The story started when a famous trader called Richard Dennis, decided to teach a group of people who had never traded before to trade. he selected some people and they were from both male and female, of different ages, of varying levels of intelligence and the group included: A kid just out of school who had never worked, a security guard, a lady accounts clerk and an actor and dennis then set about t…