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An experienced trader can choose from various strategies depending on their outlook objectives and risk tolerance. A range trading strategy is one of them. In this method, you buy and sell equities tactically over a short period.

You should thoroughly understand the risks and limitations of range trading before you attempt it. Then, plan out your strategy regarding the constraints it faces about your overall portfolio while identifying your trading goals. In this article, we have given you details on how to use range trading to attain benefits.

What is range trading?

Range trading strategy is an active investment strategy where the investor identifies a price to buy and sell over a short period. In this case, if a share starts at $55 and you believe it will rise to $60 over the next few weeks, then it’ll fluctuate between $55 and $40. Thus, it is possible to trade it by buying at $55 and selling at $60 if the value rises. If the market trades within this band for an extended period, you would repeat this process until you think it will cease to do so.
Possible ways to set up a range of trade

It may be appropriate to consider placing a buy order near a price level you have identified as a support level if you have identified a price-bound trade. A trade should be completed near a resistance price level that you have identified as a price level of resistance. You can locate your critical resistance and support levels by viewing a moving average or looking at some other price level you have identified as significant.

If you want to sell a stock at a price that is some percentage below the price you bought for (assuming you purchased it at your desired price), you may want to place a stop-limit order. You would like to determine whether or not the market is moving based on your strategy and a time frame aligned with it if you fully understand the risks of short-term investments.

Range-trade strategies might be used when the stock is trading in a range (for example, if the stock or other investment is trading in a degree). However, if it seems that the stock or additional investment is trending in one direction, then a momentum-based financial strategy is likely to be ineffective.


When trading ranges, how does volume come into play?

This type of transaction relies heavily on volume. Therefore, using volume trends to confirm patterns can often prove helpful in deciding whether this type of investment is right for you. To verify any movement, a trend-confirming volume increase is required. However, most technical analysts think that volume precedes price.

Limitations of range trading

A major significant risk that comes up with the mentioned investment strategy is that it requires precise timing, which is essential because a stock or other investments might oscillate between two prices for a specific period. Therefore, whenever you engage in this type of investing strategy, you risk losing money if the stock price doesn’t move in the direction you expect.

Bottom line

Range investors can benefit from regular periods when markets don’t trend. Traders can use directional trading to trade on any market, which means there are no restrictions on when they can sell. Once a particular pattern is defined, the entry and exit points are clearly defined, making it easier for the trader to invest and stop losses. In addition, the risk of a price falling dramatically on the news is reduced significantly in trend trading since smaller profits are chased over shorter time frames.

No doubt that this world is filled with countless uncertainties, and we all are in need to be certain about the protection of our loved ones. You can protect your loved ones by securing life insurance. This policy is basically a legal contract between a life insurance company and you. There are a lot of reasons why you need to invest in life insurance. And if you are also interested in investing in this policy, you need to get life cover quotes first from different companies.

Since these policies are used widely, and people are getting more and more aware of the benefits of these policies, you must investigate these policies and plans and get to know which is the best plan for you. This guide is mainly designed for all those who are looking for life cover policies and want to know how to find the best insurance plan for themselves:

Assess your life insurance goals:

It might be possible that your aim of securing a life insurance policy is different from others. It varies from person to person. Therefore, it is important to plan your life cover goals with the help of the best and ideal insurance policy.

If your main aim of securing a life insurance policy is to provide optimal protection to your family, then you should find an insurance plan that must include high coverage at reasonable rates.

Moreover, if you are planning to buy a home for yourself or want to secure money for your children’s education, then you should go for unit-linked insurance plans.

Calculate the cover that you need:

It is highly recommended by the majority of financial advisors that your insurance cover should be ten times your annual income. But there are many other factors that must be taken into consideration while calculating the cover amount.

For example, if you have debts, then it will be challenging for your family to meet EMIs in your absence. The same case goes when you need to secure a policy for your children’s education or marriages, and as a result of inflation, your loved ones will not be able to maintain their lifestyle and face difficulties. Therefore, you must take care of these things:

·         You should find the total of your family’s annual expenses and then multiply it by the number of income replacement years

·         You should calculate the total amount of your debts and the complete estimation of repaying mortgages

·         And you should also total the amount of money that you need to save for your future expenses

In all these expenses, you should eliminate the total of your liquid assets to find the most suitable life insurance cover.

Determine the amount you have to pay:

There are a lot of premium calculators available on the internet that allow you to calculate and make sure how much premium you have to pay in order to secure a life insurance amount. It is highly suggested to compare different plans in order to find out the best policy in which high coverage is included at reasonable rates.

Choose the correct policy term:

The policy term is the number of all those years in which your entire family will be financially dependent on you. In order to find the correct policy term, you should deduct your current age from the expected age at which you want to stop your income and achieve your life goal.

Choose a reputable life insurance company:

A life insurance company is considered reputable and reliable that has a CSR of over 95% for consecutive years. It is basically the claim percentage that the company decided for a financial year as opposed to the number of claims placed.

In order to get the best and ideal life cover quotes, you should visit different life insurance company’s websites or meet them in person. Mostly, these quotes are free, and there are no charges on them.

Are you trying to find the best studio for your photography business but are wondering where to start? When looking for a photo studio for your business, there are some key things you will want to be aware of. 

To learn more about what you should look out for when trying to find a photography studio that best fits your needs keep reading. In this guide, we will go over some tips and tricks that can help you find the best location for your photo studio.

1. Use and Location 

Depending on what kind of photographer you are, the use of your studio will be an important factor to consider when thinking about the best location for your photo studio. The location of your studio is important for you and your clients alike. For example, is there a parking lot for you and your clients to park in for your shoots?

Additionally, think about the kind of equipment and products you need for a shoot. If you are a portrait photographer and your work does not require many props, you can have a photo studio that is on a high-level floor of an office building. However, if you shoot large items, products, or sets, you will want your space to be more accessible for loading larger things in and out. 

You should also think about how often you will use your studio. Will you use it enough to warrant the extra expense of the studio rental space? If not, you may want to think of another option, such as creating an at-home studio out of. a spare bedroom or unused area. 

2. Branding 

As a photographer, your branding is often what draws people in looking for your services. For this reason, you want to think about your brand before getting a photo studio space to make sure it aligns with your brand and the services you offer. Your studio is a representation of your business, so you want to make sure the surrounding area, the building itself, and additional features are in line with your brand identity. 

3. Accessibility 

You want to make sure your studio is located somewhere that your clients will feel comfortable with as well. To do so, it should be in a safe area that reflects your brand. For example, a populated area may lead to traffic and could stress. your clients out before a shoot. 

Additionally, you should try to find a studio that is close to where you live to make sure you are on time to shoots. You want to make sure that your studio is easy for clients to find and access while also making sure the area is not too overly populated and busy. Check out Contra Studios for a great option for photographers. 

Find the Best Photo Studio for Your Business 

If you’re trying to find the best photo studio for your business, keep the tips and tricks in this guide in mind.  Find more tips for success under the “Business” section of the site. 

It is not always easy to set up a self-managed superannuation fund as it looks on papers. Not only are there many formalities to be completed, lots of paper work to be done, but it also consumes a lot of time and effort which is difficult to put in until and unless you are retired from your job.

Also, it has been seen that most SMSF funds started by people without much background in finance and accounting have suffered huge losses due to bad decisions and lack of required knowledge. Australian government is very stringent on SMSF and other funds for compliance of super laws because there have been cases of financial irregularities in management of public funds involving huge amounts of money.

Therefore, if you feel that you lack knowledge in finance, accounting, and management, then you should look for professional help from people who have the business of providing SMSF services to people wanting to manage their funds themselves.

There are hundreds of companies in the market that claim to be best SMSF service providers in one or all categories, but most of it is advertisement and you need to set up certain parameters through which you can find your best SMSF service provider.

Hereunder are some points that will help you locate your best SMSF service provider:

Registered and approved vendor

According to Australian laws all chartered accountants and SMSF service providers need to register themselves with regulatory authorities to provide their services. However, there are many companies that are not registered with regulatory authorities making you liable for all the mistakes that they commit on your behalf.

So, before choosing an SMSF service provider, it is better to check their credentials and registrations to gauge their competence and qualifications for the work.

Offer easy set up and management for you

If you are seeking professional help from an SMSF service provider, they should be ready to complete all your paperwork, offer to set up the SMSF after completing all legal formalities, provide solutions for issues contracted by you, and be ready to advice you on all issues that require your attention and help your fund grow.

Clear contract for all services and charges

The SMSF service provider that you wish to choose for your fund should be ready to make a legal contract stating clearly all the services that you wish and their charges for the period. These charges should be clear and should include anything and everything that is chargeable. There should be no hidden charges that may be difficult for you to prove to the members.

Regular reporting

Many self-managed super funds close down after some years of operations because their SMSF service providers don’t provide them the service as efficiently as they should. Regular discussions and reporting of issues are a problem that is faced by most SMSF operators. They have the grievance that their service providers don’t talk to them regularly due to which either they face losses or are faced with government penalties for noncompliance.

So, if you are looking for a SMSF service provider that has been offering its services for a long period of time, and has the professionals to take your fund to the position that you aspire, then you should visit I Care Super. They are one of the best companies in Australia helping people manage thousands of self-managed superannuation funds with success.

CTmatador Review

Online trading is becoming a financial solution for many, all thanks to trustworthy brokers like CTmatador. The days are now gone when you just listen to other people’s stories making money on the stock market and fantasize when you could do the same. Online trading is now at your fingertips thanks to advancements in technology, and all you require is a broker to get started. There are many of them in the industry, but the aim is to select one that is the greatest match for you. This entails first determining your personal trading requirements. Read this CTmatador review to find out the features of the CTmatador Platform.

When you’re looking for a broker, you should include CTmatador on your shortlist because it’s presently creating a lot of noise. Despite being newer than many other brokers, it has proven to stand out and has become the preferred platform of many. Regardless, you must determine if it is the appropriate match for you so that you do not regret your choice. In this case, reading through this review may be beneficial:

Trading Product Availability

When looking for a broker that is a good fit for you, be sure that the trading assets they provide are in line with your preferences. Why would you join up with them if they don’t provide the assets you wish to trade? A glance into CTmatador’s services reveals that they can accommodate all types of traders, regardless of their risk factors. This is due to the wide range of trading goods available on their site.

At CTmatador, you’ll discover products from some of the world’s most prestigious financial markets, allowing you to add variety to your portfolio according to your preferences. You can reduce your risks while increasing your revenues. Currency pairings, cryptocurrency trading, bonds, commodities, stocks, and shares are just a few of the choices available.

Account Options 

Examining a broker’s account options is another factor to consider when determining whether or not they are a good fit. Rather than providing clients with a variety of account alternatives, CTmatador has opted to provide only two. The first is a demo account, which can be used to practice trades and familiarize yourself with online trading without jeopardizing any of your hard-earned dollars. You can enjoy the real experience of trading using virtual money. The demo account will help you in understanding the ins and out of trading. After the basic training and hands-on experience on the demo account, you can move to the real live account.

The real account is CTmatador’s second account choice, and it needs a deposit of money before you can begin trading. Users will get a chief account manager, premium service, 24/7 customer service, and reasonable pricing.

Educational Material

One thing to keep in mind regarding online trading is that they are constantly changing and developing, which means you must keep pace with it. Trading education may be quite beneficial in this situation since it keeps you up to date and gives you all of the required information. CTmatador’s advantage is that it has a bulk of educational and training materials for its customers on its website.

The goal of these instructional materials is to aid beginners in learning the fundamentals of trading, while professional traders may utilize them for acquiring new techniques and keeping themselves updated. It should be worth mentioning that these materials have been contributed by CTmatador in numerous ways to benefit everyone. There are e-books, movies, infographics, indicators, articles, and more to select from. The best part is that they were added by professionals and are simple to grasp, so you can get the most out of them.

Conclusion

CTmatador also offers 24/7 customer service via various channels, the finest trading solution on the market (MetaTrader), and comfort when it comes to the confidentiality of your cash and data, making it an excellent choice for any trader.