Increase Your Trading Results by Implementing Pareto’s 80-20 Rule

pareto ruleSince time immemorial, the golden rule when it comes to working, effort and out-put has always been assumed to be directly proportional. That if you place enough hours into something, you will get rewarded according to your efforts.

From great philosophers and economists, visionaries such as Abraham Maslow and Douglas McGregor, man has always thought that the relationship between time and output is linear in nature, unless you factor in some new constants.

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BTC China Accepting Bank Deposits Again

bitcoinCurrently, clients in China who are trading in Bitcoin have a bigger advantage. This is because the BTC China has started to accept bank deposits to make the transaction easy. This is made possible by using the corporate banking account that give presents to clients. Clients will easily buy e and trade in bitcoins by directly making their deposits in the trading account.

In the earlier days, the BTC China saw this process as invalid, but after careful analysis, the company changed its stance making traders to buy by making direct deposits. Once depicted as the best and biggest trading volume in terms of Bitcoin, BTC China has found a new way for clients to make their deposits. With this acceptance, the value of bitcoins would increase because many people can trade easily.

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How to Find an Honest Broker

honest forex broker
Finding the right broker is one of the most crucial steps in the investment process. Sometimes, however, even due diligence is not sufficient for avoiding unethical or inept professionals. Searching for positive reviews and evidence of an effort to respond to negative feedback are both highly recommended steps in the standard screening process. It is also important to assess the location of the broker, learn more about the platform they are using and determine whether or not the provider is registered with the appropriate national registrar. It is important to note, however, that even after having done all these things, there is still a chance that your broker may not be right for you.

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Bitcoin is Going for a Strong 2014

Bitcoin is, of course, a digital currency and peer-to-peer payment system that was introduced in 2009 as open source software. It makes use of cryptography in controlling the creation and transfer of money. It’s had a strong year in 2013 with its peek price breaking the $1,000 mark and getting a lot of mainstream attention. 2014 is likely to fair even better for bitcoin and here’s why.

Its successfulness largely depends on how many merchants are actually accepting it for payments. In 2013 we’ve seen more and more merchants all over the world accepting the use of bitcoin. Here is just a handful of things you can do with your bitcoin.

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Investing in Emerging Currencies – Risks and Rewards

emerging currenciesIf you are interested in investing in emerging currencies, maybe this will help you. Most traders of Forex usually go with big eight currencies. These are USD, EUR, GBP, JPY, CAD, CHF, and AUD. But for the biggest rewards, they go with emerging currencies.

Emerging currencies are basically those that are associated with countries that are considered emerging markets. These countries are transitioning towards transparent and open economy. This categorization applies to even large powerhouses like Brazil and China as it does to small countries.

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