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Trading and Investment for beginners: How to prepare for the stock market

People from all backgrounds and walks of life trade and invest successfully every day – and you can too.

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Trading and Investment for beginners: How to prepare for the stock market

The world of stock trading and investment is fascinating and attractive to many. It also seems mysterious and complex to outsiders. If you’re thinking of dipping a toe into the stock market or any other investment platform, you may feel slightly concerned that you’ll be out of your depth. However, people from all backgrounds and walks of life trade and invest successfully every day – and you can too. This article will explain a few of the things that you can do to prepare before you get started.

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Research

There are numerous different types of trading and investment that you can pursue, and the key is to work out which suits you best. Stocks and shares are perhaps the most famous, whereby you purchase a small fraction of a company or corporation. The value of the portions you own (your “stock”) will go up and down depending on the current financial landscape and the success of the company in question. Ideally, you can buy when shares are cheap and sell when they’re more valuable. Other ways to invest include Forex (exchanging foreign currencies and taking advantage of exchange rates to earn money) and asset investment (spending on assets such as real estate or cryptocurrency in which equity or value will then grow before they are sold on). It’s up to you to look into each avenue, find out how those markets work and decide which seems best for you. The more you understand before you start, the more successful you’ll be.

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Seek Advice

Do you know someone who is involved in the world of investments? They could be extremely helpful to you when planning your first dabble. Of course, everyone’s experience is different, but if you know someone who has been successful on a particular platform – say Forex – you may choose to go in that direction as well, as you’ll always have someone to turn to for advice. Friends who trade and invest are often very pleased to talk about their successes and techniques, so why not arrange a chat with them in order to pick their brains?

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READ: How to Profit from Directors’ Share Dealing Notifications

Set Rules and Limits

It can be easy to get carried away when trading or investing with little experience. Before you get started, it’s definitely worth setting yourself some boundaries. Perhaps implementing a strict spend limit per trade, or a weekly budget, will help to keep you from going too far. You should also try to limit the types of trading or investment that you do. If you have fingers in too many diverse pies, it can be very difficult to keep up and you may well find yourself with the equivalent of a full-time job.

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Practice

There are numerous tools and platforms you can use to get to grips with the world of trading and investment. Practicing with a stock trading simulator will help significantly with the ins and outs involved, and, as you won’t be using real money, you’ll have nothing to lose. Perhaps sit with a more experienced friend as they trade to better understand their approach. You’ll need to be quite familiar with the processes involved before diving in yourself. It’s important to be aware that you won’t make millions overnight when you start trading. It takes time to build up your portfolio and develop your own unique techniques and approaches. Learn to be patient, as success is just around the corner.

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READ: Where to invest N1 million right now

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BUA donates 3 Emergency COVID-19 ambulances, 100,000 facemasks to Yobe

BUA Group has donated three ambulances and 100,000 facemasks to the Yobe State Government.

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As COVID-19 cases continue to rise across Nigeria, BUA has donated three ambulances and 100,000 facemasks to the Yobe State Government as part of its social support and humanitarian commitment to combat the COVID-19 pandemic in the country.

Presenting the donations on behalf of the Chairman of BUA Group, Abdul Samad Rabiu at the Government House, Damaturu, Aliyu Idi Hong, Director of Government Relations, BUA Group commended Governor Mai Mala Buni of Yobe State for his tireless efforts in curbing the COVID-19 pandemic in the state.

L – R: Aliyu Idi Hong, Director of Government Relations, BUA Group presenting documents of 3 emergency ambulances donated by BUA as part of efforts to curb the COVID-19 pandemic to Governor Mai Mala Buni of Yobe State at the Government House, Damaturu.

According to Hong, “So far, the Chairman of BUA Group, Abdul Samad Rabiu has given more than 8 billion Naira worth of support to towards the fight against COVID-19 in Nigeria.”

“With the second wave spreading across Nigeria, we are expanding the scope of our intervention to various states and will continue to support initiatives aimed at helping to curb the spread of the virus in Nigeria,” Hong added.

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Reacting, Governor Buni thanked Abdul Samad Rabiu, Chairman/Founder BUA Group, for his humanitarian gesture to the nation especially to Yobe State noting that the “donation is coming at the right time because of the second wave of the pandemic”.

The governor reminded the Yobe people to adhere strictly to the covid-19 preventive measures by wearing facemasks, keeping social distancing and washing their hands

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Another First! Wragby becomes a Microsoft Azure Expert Managed Service Provider (MSP)

This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!

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Wragby Business Solutions & Technologies Limited (Wragby) has achieved the Microsoft Azure Expert Managed Services Provider (MSP) status, maintaining high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure. This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!

“We are super proud to be awarded this designation as a Microsoft Azure Expert Managed Service Provider.  It is yet another proof to the depth of our expertise, by ensuring that our technical capabilities and processes meet and exceed the standards of the Azure Expert MSP program. We look forward to achieving more,”Oluyomi Alarape , MD/CEO Wragby

Participation in the Azure Expert MSP program is granted to partners that meet several requirements, including verified customer delivery and technical expertise tests, as well as successfully complete an independent audit of their managed services, equipment, processes, and technologies. Providers must hold Microsoft Gold Cloud Platform competency, maintain end-to-end managed support for Azure, and provide multiple customer references of Azure managed service projects delivered over the last 12 months.

The Microsoft Azure Expert Managed Service Provider program is designed to give businesses migrating to the cloud confidence that their chosen partners have demonstrated the highest degree of capability to deliver repeatable high-fidelity managed services on Azure.

According to Akin Ayodele- Chief Technology Advisor at Wragby the attainment of the Azure Expert MSP Certification Wragby has once again demonstrated in very concrete terms her commitment Towards supporting our Customers journey and experience in the use of the Microsoft Azure Intelligent Cloud Platform family to exploit solutions and Innovations to realize their digital transformation objectives.

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This recognition validates Wragby’s ability in orchestrating and integrating various services on Azure including cloud infrastructure, IoT services and application migration skills, as well as the ability to deliver value to customers by offering proactive monitoring, automation, and management of their Azure environments.

In the current ever-changing Business Landscape, Businesses need a greater level of auto-scaling to Increase Operational efficiency, be more Agile and deliver excellent customer experience through technology services. Businesses therefore need to auto-scale to meet their technology demands & save cost through Excellent but Cost-Effective Managed services.

Our Best-in-Class Digital Advisory Team has high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure, using proven processes and tools. This is evident by our recent attainment of the Microsoft Azure Expert Managed Services Provider (MSP) status,

Meet IT demands & Save cost through our Expert Managed Services offer which includes:

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  • Integrated IT service management of workflow/automation
  • App Migration/Modernization Services
  • Infrastructure Configuration & Management
  • Business Continuity, Backup and Disaster Recovery
  • Data Protection
  • Storage and Patch management
  • Security and Identity management
  • Cloud Advisory Services…plus more

We work with various teams for efficient delivery either On-premise, Hybrid, or in a Public Cloud.

We are just a call away. Contact us at www.wragbysolutions.com

See more here,  https://www.microsoft.com/azure/partners/azureexpertmsp?filters=all

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How artificial intelligence is changing the narrative in Forex and crypto trading

Artificial Intelligence is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.

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You have probably already heard about Artificial Intelligence (AI) and how it is helping people across various industries in many daily activities. According to JPMorgan, nowadays, 90% of trading is run by computers, algorithms, and passive managers. This means that if you want to invest, you will need equivalent trading tools to compete.

What is AI and How does it work in Forex Trading?

Artificial intelligence is a developed Powerful Automated Trading Robot (AI) that can make projections about the forecast of forex market prices and automatically trade for you in your Broker’s account. It is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.

From research so far, fundamental and manual forex trader’s account is about 10% of Forex Trading Volume, so how do you compete against super-fast trading systems with humans or manual trading system? With the use of AI trading, anyone in the world can trade efficiently and increase the chances of achieving above-average forex returns, regardless of the level of trading experience.

The dynamics of the market have changed, and we must agree that we need machines to do many things better, especially in the field of the forex trading market. From this point of view, the providers of manual forex signals and analysis are no longer a great choice. AI is the best forex trading solution.

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Unlike humans or other technological resources, AI can make an enormous number of accurate decisions in a fraction of the time, down to milliseconds. These skills make AI an enormously powerful tool for use in forex trading.

To learn more about the use of Artificial Intelligence, click FxPrimeBolt

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