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Best NFT Sites for Artists
For artists looking to dive into the world of NFTs, several platforms stand out as top choices. OpenSea is the largest and most well-known, offering a wide range of NFT categories and a user-friendly interface, making it easy for artists to mint and sell their work while providing a vast marketplace for collectors to discover new pieces.
Who is the Richest Forex Trader in Nigeria
Uche Paragon is currently recognized as the richest Forex trader in Nigeria, boasting an estimated net worth of between $16 to $20 million . He began his trading career in 2007 and has since amassed considerable wealth through his successful endeavors in the forex market. Paragon is also the owner of two forex trading institutions, one in Lagos and another in Port Harcourt, as well as a thriving business called CCI Traders . His focus on trading oil, one of the most volatile commodities, has contributed significantly to his financial success .
When do forex traders pay tax
Forex traders pay taxes based on their profits, and the specific timing and rate depend on the tax regulations of their country of residence. In the United States, for instance, profits from forex trading are subject to capital gains tax, which is categorized as either short-term or long-term based on the holding period of the trades. Short-term trades, typically those held for less than a year, are taxed at the same rate as ordinary income, which can range from 10 to 37 percent depending on the taxpayer's income bracket. Long-term trades, on the other hand, may benefit from lower capital gains tax rates, with a maximum rate of 20 percent for most taxpayers.
Sentiment Analysis for Forex Trading
Forex sentiment analysis can be a useful tool to help traders understand and act on price behavior. While applying sound technical and fundamental analyses is key, having an additional feel for the market consensus can add depth to a trader’s view of forex and other markets. In this article, we outline what market sentiment is, how it relates to forex trading, and what the top sentiment indicators are.
What is the Best Time Frame to Trade Forex?
“Is there a best time frame to trade forex?” is a common question a lot of traders ask, especially those new to the forex market. The truth is, there is no single answer. It all depends on your preferred trading strategy and style.
Leading vs. Lagging Indicators: Which Should You Trade With?
Lagging indicators use past price data to provide entry and exit signals, while leading indicators provide traders with an indication of future price movements, while also using past price data. When faced with the dilemma of leading vs lagging indicators, which should traders choose? The answer to this question ultimately comes down to individual preference after understanding the advantages and limitations of each.
The MACD indicator is revealed in a big way! Can you be a prophet of trend forecasting?
What the MACD Indicator is and How it Works？
Proficiency in Stochastics and Moving Averages to Put Profits at Your Fingertips!
Why are stochastics and moving averages so popular amongst traders? What is their magic?
4 Effective Trading Indicators Every Trader Should Know
When your forex trading adventure begins, you’ll likely be met with a swarm of different methods for trading. However, most trading opportunities can be easily identified with just one of four chart indicators.