Monthly Archives: September 2020

Your Forex Leverage & How To Manage

One of the biggest drawbacks faced by traders on a daily basis is the failure to manage Forex leverage in an effective manner. Trading with leverage can go a long way in improving your returns, but it also raises the risk of losing big in case a trade failure occurs. Traders are al-lowed a leverage of nearly 400:1 in the currency market. In other words, you can trade $400 in borrowed money for every $1 sitting in your trading account.
But a majority of the traders generally prefer a significantly smaller leverage of 2:1. In other words, they can trade with $100,000 if they have $50,000 sitting in their trading ac-count.
If you are confused about the leverage you are using on your trading account right now, there is a simple formula to clear it up:
1.Consider the numerical value of all of your open positions.
2.And then divide it by the amount of money currently sitting in your trading account.
3.For example, if your open positions come up to $30,000 and your trading account stands at $5,000, then your effective leverage would be 6.
Once you understand the amount of leverage you are utilizing, you can go about assessing if it is optimal for your trading strategy or style. Aggressive traders with a high threshold for risk can have a maximum leverage of 10:1. Conservative traders usually limit themselves to utiliz-ing a leverage of around 2:1 or 3:1.
Forex brokers always advise traders to limit or reduce their leverage usage. A high lev-erage means a few bad trades will empty your trading account. This will eventually lead to a margin call or the loss of all of your positions.
Let us go through one such scenario. Assume that your trading account has $10,000 in it and that you are utilizing a leverage of 100:1. You are trading 10 mini-lots which are worth $1 million. Now if you were to make a 100 pip loss at this juncture, it will set you back $10,000. This means that your trading account has just been wiped out.
In a different scenario, assume that your leverage is just 10:1 and your trading account stands at $10,000. You are trading 5 mini-lots which are worth $100,000. In this case, a 100 pip loss would set your trading account back by only $5,000. This means that you will still have $5,000 left in your account at the end of the day.
Another compelling advantage of utilizing less leverage is the massive savings made from transaction fees. If your choice of trade comes with a five pip spread, the transaction fee will cost you $500, or a 5% cut of whatever is in your trading account.
In other words, you have already lost $500 before you have even gotten the chance to en-joy the profit you have made from your trade. The cost of transaction is directly proportional to the leverage you use. The bigger the leverage, the higher the transaction fee. The lower the leverage, the lower the transaction fee.

tips on caring for cold water pond fish

There are exclusive kinds of cold water pond fish. They can be small or big. Some popular cold water pond fish consist of goldfish, koi, and orfe. Goldfish are regularly visible and loved in garden ponds. These vibrant-colored fish adapt to many different conditions and are quite appropriate for smaller ponds. Though koi are noticeably lovely fish to add to a lawn pond, they are now not appropriate for small ponds. These fish can truly reach approximately three toes in length. Orfe are sociable and do satisfactory while left with at least three or 4 other fish. They spend maximum of their time near the water’s surface on the way to trap insects. As with koi, these fish require a larger pond to deal with them.

Generally, it is nice to wait as a minimum 24 hours before introducing any fish into a brand new pond. This will permit the pond to settle. Most cold water fish are capable of adapt well to modifications in temperature. However, if they’re introduced too fast to cooler temperatures (under 50) the shock can be deadly to the fish. In order for fish to alter more without problems, allow each the pH tiers and temperatures to equalize. For better effects, the pH levels within the pond must stay inside about 6.5 to 8.4 to make sure the health of the fish. Water ranges which can be round 24 inches and up are commonly sufficient for all bloodless water fish to continue to exist year-round.

Cold water fish eat frequently throughout summer season as they’re extremely energetic. You will want to feed your fish often, however, do now not feed more than what they are able to devour in a quick period. You should additionally offer a high-protein content fish meals that will assist allow the fish to reserve fat for wintry weather months. As the weather starts to cool within the fall and at some point of wintry weather, your fish will not devour. Their digestive systems turn out to be torpid, and their metabolism will gradual down dramatically. They will certainly rest near the bottom of the pond till the hotter weather returns. It is during this time, when temperatures drop below 50, that you ought to keep away from feeding altogether. However, as soon as warmer temperatures have returned in the spring, start feeding fish an effortlessly digested weight loss program including wheat germ. This will assist the fish to adjust to normal feedings after a protracted winter break. All cold water pond fish must be fed the ideal type of pond fish meals in an effort to continue to be healthy. If the pleasant of food you are feeding the fish is insufficient, it is able to bring about excessive waste production thereby, polluting the pond.

Do not over smooth your pond. It is suggested which you eliminate debris with a internet in the spring. However, you should take care no longer to take away an excessive amount of residue as the fish will feed on algae inside the pond. In the autumn, you can need to dispose of any fallen leaves as well as sludge that has amassed inside the pond.

Stay Neat With Garden Tool Organization

Garden device company is a need to for every person who considers himself or herself a gardener, and organizing one’s lawn tools is certainly now not hard. It is clearly finding out that such an company is necessary, will make gardening easier for you, after which making up your mind to do it. A few quick selections later and you will discover your self more prepared to your garden than you ever dreamed turned into viable.

One of the primary issues in organizing your items is to ensure they may be stored dry and easy to prevent rust or different damage to them. This can easily be achieved in case your tools are stored internal a garage, tool shed, or other appropriate creation on the way to guard them from the climate and small pesky animals.

Some humans choose to put money into a device shed, others shop their items in their storage or other current constructing on their belongings. In both case, inspecting and prioritizing your wishes is beneficial and could make the technique of organizing your gear much less stressful.

Once you have got made the decision as to wherein your gadgets could be housed, you may then determine the way you need to organize them or, as some say, “declutter” them. A properly region to start is to have a look at your gear and put off any that would want to get replaced or repaired because of broken handles or deformed steel components, as is probably found on rakes or shovels.

Then there are numerous manner you could prepare your lawn tools. You can cling the larger gadgets, like chainsaws, hoes, shovels, lawnmowers, edgers, and leaf blowers, on the wall of your garage or tool shed, for this reason disposing of the possibility of walking over the tools or accidentally stepping on them and injuring yourself.

If the garage or device shed isn’t always massive sufficient, or for anything purpose making a decision now not to hang them, you could fill a bucket with sand or some thing comparable and placed the tools inside the bucket, handles down.

Smaller items together with hand shovels, small rakes or spades can be positioned in the storage or tool shed drawers or held on hooks in the storage or tool shed.

Paragon International Wealth Management

Since the sale in May 2016, demand for rare fancy colored diamonds has steadily increased, creating what many have called the year of the colored diamond. With that said, colored diamonds have been progressively gaining value over the last decade and are considered one of the best hard assets a robust investment portfolio can have.

While Fancy Light Blue and Fancy Vivid Pink diamonds have made international headlines over the last two years for the amounts they have sold for, looking at historic data, the value of rare diamonds could potentially climb higher over the next five years.
Between 2009 and 2016, the price of pink diamonds has increased nearly 180 percent and currently sits at a record high. Blue and yellow diamonds have also gained value, with the price of both rising 70 percent and 90 percent, respectively.

The allure and luxury of fancy colored diamonds is universal, which makes them a coveted asset in a range of countries and cultures. In addition to being a status symbol, these exclusive fancy colored diamonds are easily portable and of high-value making them an ideal hard asset.

Demand for rare colored diamonds is expected to strengthen over the next decade as supply of the exquisite fancy colored diamonds becomes scarcer. Only 0.001 percent of diamonds mined each year qualify as “fancy” and even fewer earn the distinction of “vivid”, which refers to a highly saturated hue.

The Pink Star Diamond – an example of a rare fancy vivid pink diamond.
There are also very few mines that produce fancy colored diamonds, notes Paragon International Wealth Management, a Toronto-based firm that specializes in the acquisition and investment management of fancy colored diamonds, particularly pink diamonds.
The scarcity and rareness of these fancy colored diamonds makes them more precious and sought-after than their less illustrious white diamond counterparts.

For every 10,000 white diamonds mined only one natural colored diamond will be found, notes Paragon International Wealth Management. This makes natural colored diamonds extremely rare and ideal for investment purposes.
When you consider that only one fancy blue diamond is mined each year, and there are only 20 to 30 fancy reds known to exist, it is easy to understand why fancy colored diamonds are such a hot commodity.