Wise Investing

 Educating Your Children on Finances Ages 3-6. Their eyes are on everything. At this young age, children are like little sponges, learning and soaking in everything. This means they catch more than you think! This is a great time to introduce key financial concepts that they can carry throughout their lives. One study from the University of Cambridge found that money habits in children were formed by the age of 7. When they get money for a birthday or holiday, have them save it in a clear piggy bank or jar. At this age, humans are visual creatures. As they see the amount of money grow they will get excited. Each time you add money, use this as an opportunity to count what they have saved. Help them set a goal of something they would like to use the money on. Activities teaching how to save and the importance of patience are important in this early development in showing sometimes you have to wait. Remember that young children have a short attention span so it is important to keep t...

 Support and resistance trading strategy Using support and resistance levels as a trading strategy is one of the very basic methods of trading. It can be used to manage risk and place stops, determine the market conditions, and find appropriate entry and exit positions. The most common trading strategy using support and resistance levels is buying (going long) when the price is closing in on the support level and selling (going short) when the price is moving closer to the resistance level. However, traders should wait for some confirmation that the market is still following the trend. Placing stops and limits below support and above resistance is also recommended. It helps traders to close a position quickly if the price breaks through levels of support or resistance. Before you place the trade, consider your profit target and what you consider to be an acceptable level of loss, then decide on your exit points near the support and resistance levels. Another strategy used in suppor...

Lets understand whats is going in & out  Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed. Foreign portfolio investors (FPIs) infused funds in these two months on the expectation of sustained economic growth, continued reform measures, better-than-expected earnings season and political stability. Before that, FPIs withdrew Rs 25,586 crore in May on poll jitters and over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. According to the data, FPIs withdrew a net amount of Rs 21,201 crore in equities so far this month (August 1-17). So far this year, FPIs invested Rs 14,364 crore in equities, data with t...

Hello, traders In a market situation, swap zones in trading are formed as a result of a change in market direction. When the trend changes, the price often returns to the previous support or resistance line. This is due to the fact that participants often use the lines as reference points for trading decisions. Swap zones can be used by traders to identify optimal entry-exit points for trades. For example, a trader can open a long position when the price is approaching support or a short position when the price is heading towards resistance. What is a Swap Zone  Swap zone in trading is a price level that was previously a support and then became a resistance, or vice versa. It represents a part of the chart where the price pauses or rolls back. It is formed as a result of a change in the trend direction. Swap zone is easy to use to identify reversal points. For example, if a price is in a rising market and is pulling back to support, it is a signal that the trend may resume. In orde...

 Hello friends lets understand Banking sector with Records  India has a large banking sector with 21 private and 12 public sector banks. The top private banks in India are the reason behind India’s economic growth, making it one of the most rapidly emerging nations in the world. Moreover, with becoming the most populated country around the globe, India also has the largest economy.  These banks are the prime reason for efficiently handling such a large economy and excellent capital management. These banking organizations also play a significant role in producing cutting-edge goods and services and setting a benchmark for other similar ones. Private sector banks are classified based on their efficiency, customer-centric approach, and agility, which differentiate them from other public sector banks. In this article, we delve into a study of the top private banks in India in 2024. Let us explore the tycoons of the industry that set an example of excellent expertise and extra...

A short squeeze in trading  A short squeeze occurs when the price of a stock rises sharply, forcing short sellers to buy shares to exit their positions. In buying shares to cover their short positions, short sellers end up pushing the stock price even higher. Bullish traders see this buying activity and jump in as well, adding further upward pressure to the share price. In this way, a relatively small bullish movement can trigger in a cascade of buying activity. Short squeezes typically happen only when the short interest in a stock is very high. It takes a lot of short sellers buying shares to push the price of a stock strongly upward. Short squeezes are usually short-lived and end when short sellers have fully exited their positions or stop buying shares to cut their losses. Short Squeezes vs. Breakouts Short squeezes and breakouts both involve strong bullish movements in the price of a stock. However, the underlying dynamics are very different. In a short squeeze, a stock’s upwa...