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Top 5 Risk Management Strategies for Stock Traders in the Netherlands
Business Plan

Top 5 Risk Management Strategies for Stock Traders in the Netherlands

- by Abigail Martinez

Don’t over-monitor the market and your stop loss

The first risk management strategy for stock traders in the Netherlands is to limit losses, and it’s probably surprising that I didn’t start far more apparent advice such as: always set a stop loss when trading.

This mistake comes from every blog post or YouTube video about trading or investments, starting with advice on how important it is to have a stop loss in place.

I know it’s essential, but you’ll probably agree with me: setting a stop loss works only part of the time and can be highly emotionally draining because we constantly (and mostly subconsciously) monitor our trades and the market.

When we see signs of an adverse move, we tighten our stops, and sometimes we even exit positions too early because we want the pain to stop.

This is why I believe in a different approach: limiting losses and cutting losers short is an absolute necessity, but it has to be done in such a way that you minimize the emotional effects this process has on you. This can be achieved by having multiple rules for your exit strategy at any given time and not just one single rule that, if violated, will result in your immediate loss of capital.

When using stops, my favorite trading strategy is the Fibonacci retracement level + daily pivot point. It allows me to enter trades with very little market exposure yet provides an effective risk management tool while I’m waiting for the trade to play out (and also gives me some nice pips along the way).

Stop losses on every trade

The second risk management strategy for stock traders in the Netherlands is to stop losses on every trade. It may seem straightforward, but it’s incredible how many of us are trading …

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Ways to Customize a Card Mailer
Online Business

Ways to Customize a Card Mailer

- by Abigail Martinez

Are you planning to send a postcard to your friends, family, or employees? Using a card mailer is an excellent way to achieve this comfortably. This envelope boasts a unique design that allows you to send various documents cost-effectively. Recently, most people have chosen to customize these cards to make them more appealing. Here are ways you can do it.

Use Memorable Pictures

Photography is an excellent way to capture the attention of any individual, from friends and family to workers. Including a memorable and appealing picture on the top of the envelope could help attract the recipient to read your postcard.

However, it would be best to be careful with the images you use. Ensure that the recipient does not detest or culturally abhor the photo on the envelope. Its clarity will also be worth enhancing. A clear image can effortlessly speak to the recipient.

Add a Personalized Message

Sometimes, adding your favorite quote on the envelope will help your card mailer stand out. For instance, you could pick an excerpt from their favorite artists, celebrities, or activists. The preferred quote must be precise and meaningful, speaking to their emotions.

You could also create a message by yourself. This quote should reflect the recipient’s current life situation. Ensure that your message is significantly short and straightforward.

Patterns and Logos

Suppose you are an individual sending a card mailer to family and friends. In this case, you could consider adding beautiful patterns to the card mailer. The prints must be colorful and appealing. However, be careful enough not to overdo it. On the other hand, you could attach your business logo to employees, clients, and business executives if you send the card mailer. This element will make them feel like they are part of the business.

Patterns and logos will …

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Daily Income Business Without Investment
Online Business

Daily Income Business Without Investment

- by Abigail Martinez

If you have monetizable skills, you can start a freelance writing business. This can be a daily income business without investment, and can be a great way to earn money from home. Once you’re turning a healthy profit, you can invest in your own equipment. Once you’ve built up enough capital to start your own business, you can buy some of your own equipment. You can even sell your own articles.

Turo

If you’re looking for a way to start a day-to-day income business without a lot of upfront money, consider renting out your car on Turo. The company originally intended to charge users booking fees and then take a cut of those fees on top of the rent you receive. This business model has been a success for many companies in the past, but it’s not without its challenges, especially during an economic downturn.

One of the main benefits of renting your car on Turo is the high demand. You can typically get a lot of bookings if you live near a major city. In addition, car owners who have specific amenities will get more bookings. The Turo interface is easy to navigate, and you can set rules and prices for your rental availability. You can earn a full-time income in as little as five months!

Turo is a daily income business without investment

If you’re looking for a way to make money on a daily basis without investing in a car, consider becoming a Turo host. Renting out your car can help you pay off your car loan and have flexible hours. It can also help you save up money for a new car, or even build a fleet. As long as you have a reliable vehicle and a friendly personality, Turo can be an excellent side hustle.…

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Advantages of a Franchise in Government
Franchise

Advantages of a Franchise in Government

- by Abigail Martinez

The advantages of a franchise are numerous, but the government has a small number of franchises that are limited to certain types of businesses. A franchise can be found in almost any industry, including government, but in the government, the number of franchises is significantly less than in other industries. Governments have limited franchises, but they are still an important part of the economy. Franchises in government are often better suited for government services than those in other industries.

Disadvantages of buying a franchise

There are some advantages and disadvantages to owning a franchise. For example, you can tap into the collective buying power of the franchisor. The franchisor has relationships with suppliers, which can enable you to buy goods at a lower cost. Additionally, you’ll have an easier time getting financing if you already have a relationship with the franchisor. Lastly, you can count on the franchisor’s support to help you succeed in business.

The benefits of owning a franchise outweigh the disadvantages. Government franchises are widely accepted and have a network of support. The downside is the lack of financial privacy. In many cases, franchisors control the franchisee’s financial ecology. Nonetheless, this lack of privacy can be easily overcome by adopting guidance. However, be warned: the downsides of government franchising are many.

Legal action for breach of contract

A franchisee who suffers from a breach of contract may take legal action against the franchisor. Depending on the circumstances, a franchisee may seek damages in breach of contract, rescission, or costs. It may also use the franchisee’s legal rights under state unfair trade practices law. Legal action for breach of contract is advantageous to franchisors in government because it allows them to protect their IP, trademarks, and other proprietary information.

However, the franchisor must take the action if there …

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Joining The Podcasting World Is a Fun Way To Share Passions With The Rest Of The World, Says Peter Foxhoven
Online Business

Joining The Podcasting World Is a Fun Way To Share Passions With The Rest Of The World, Says Peter Foxhoven

- by Abigail Martinez

DES MOINES, IOWA, December 21, 2021 — Getting into the podcasting world is one way to share interests, thoughts and ideas with others around the globe. Many podcasters focus on voice-only shows, though some also video their podcast for channels like YouTube. Peter Foxhoven is the Director of New Business Development at Advantage Administrators. He spends his free time as a guest speaker on podcasts, like the Appendix N Podcast. On those episodes, he covers topics like the life of Conan the Barbarian and other adventurous fiction tales.

In recent comments, Peter Foxhoven explained how podcasters can get started with their own shows.

Choose Your Niche

First of all, podcasters need to have a topic they are going to cover. Topics that are too niche may limit your ability to produce content and audience size, Peter Foxhoven says. However, not choosing a topic will make it hard to cater to an audience and find your personal brand.

Find Your Audience

Those interested in podcasting will need to find their audience and market their podcast to them. “The internet is too saturated with content to have a ‘build it and they will come’ mentality,” he notes. “You have to be very intentional with creating and marketing your content. Becoming a guest speaker on a relevant podcast is one way to start getting your name in your audience’s ears.”

Get the Right Equipment

Podcasting is less saturated than blogging and doesn’t require as much equipment as vlogging. Peter Foxhoven says the mic is one of the first things a podcaster needs to get. While many professional podcasters have nice mics, a beginning podcaster can get one for less than $50. He recommends getting a budget podcasting mic because it is still far superior to the built-in computer or device mics.

Along …

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