Any Drawbacks of Running an International E-Commerce Business Compared To a Domestic One


There is no doubt that e-commerce business is one of the most preferred options over domestic trade today. E-commerce websites have become increasingly popular, and this is proof that many people are getting hooked to the online world of business.

When running an online business, you need to register it with Dealstream and join the right bandwagon to operate successfully. This is because the online world is ever changing, and you need to keep up with the latest trends. While e-commerce offers amazing perks, there are also a number of drawbacks that come with this type of trade, over a domestic one as discussed below.

Lack of personal relationships/personal touch

E-commerce business lacks physical touch. Not all domestic businesses maintain a personal touch with their clients. However, this is an important part of any business as it is reassuring, refreshing, and it is a way of caring for your clients. E-commerce doesn’t value personal touch in negotiations and in carrying out transactions.

Due to the lack of personal touch, building trust with clients often takes a longer time. This is a huge challenge, especially to new e-commerce businesses.

There are goods that cannot be accessed online

The internet offers a platform where you can purchase almost anything. Even with such convenience, there are many goods that you cannot purchase on e-commerce shops. Odd sized items and highly perishable goods cannot be purchased online efficiently.
Even if you manage to purchase odd sized items online, you incur extra transport expenses. The cost of logistics is, therefore, a major factor that makes the purchase of certain goods online unbearable.

You cannot check on product quality

One of the major benefits of a domestic business is that you can test and have a feel of a product before your purchase. Whether you are buying a mattress, a pair of shoes or a music system, you can always test it in a domestic shop. However, in e-commerce, this is not possible because everything is done online. This means you can never be sure of the quality of the product you are purchasing until it is delivered to your doorstep.

E-commerce delivery takes days

E-commerce delivery takes a number of days. It doesn’t have the convenience of purchasing a product and going home with it on the same day. In the event of express shipping, you still have to wait for some hours, or a day to get your products.
Similarly, it takes more time to ship products from a different country. This means that if you wanted to use the items urgently, you have to order weeks or months earlier.
The only exception to this kind of delay is when you are ordering for digital items such as music files and eBooks. They are readily available online.

Security issues

One of the growing problems associated with e-commerce is lack of enough security. Credit card fraud is common, and it results in bad reputation, penalties, and loss of revenue.
Similarly, there is IT security related issues in e-commerce. Business, clients, and organizations have fallen prey to hackers who have stolen money and valuable information from databases. Such issues attract legal implications but even worse, it affects the reputation of an e-commerce store.

Read AlsoAre Speed and Reliability Key to Choosing an eCommerce Hosting Solution?

In addition, there are technology hiccups that often pose security threats to e-commerce businesses. In the event of a downtime, substantial loss of data and revenue can occur if you do not have high tech backup options. This can lead to client dissatisfaction and major losses in your business.

Complexity in business regulations

Running an e-commerce business means you adhere to strict tax regulations within your state and the countries you operate in. This generates accounting and taxation complexities that lead to extra expenses when running your business.

While E-commerce has amazing perks, learning about these drawbacks will help you to work on ways to overcome them. This will enhance your chances of running a smooth business.

If you interested in building an e-commerce business yourself, there are many options out there in terms of training courses. However, it can be difficult to separate the wheat from the chaff. This review of Amazing Selling Machine covers one of the flaghship courses in this industry.

About Author

Viola Ron is a seasoned freelance writer. She has a passion to research and write informative articles on different topics. She loves quality content. When not writing, Viola loves to travel, read and go on an adventure with family.

Cryptocurrency Regulation: What You Need to Know

Cryptocurrency Regulation

Whereas 2017 saw dozens of initial coin offering launches, the world of cryptocurrency has seen the implementation of extensive regulatory policies in 2018. Until now, crypto has been loosely self-governed with unwritten rules guiding the industry. Due to its continued popularity worldwide, various countries are beginning to develop their own regulations, ranging from inviting to wary. If you’re looking to learn more about global cryptocurrency regulations, here’s what to keep in mind.

Clouded in Uncertainty

One of the biggest difficulties many countries are facing when it comes to developing regulations is the uncertainty surrounding virtual currency. For regulations to be at their most effective, it’s thought that there needs to be at minimum some form of global consensus for international legislation as cryptocurrency is essentially without borders. As it stands now, some countries are uninterested in developing regulations, some are developing particularly stringent ones, and some are still in the initial planning stages.

A consensus would be particularly useful in enforcing the prosecution of crimes facilitated by cryptocurrency. Currently, it’s feared that even a criminal defense lawyer wouldn’t be of much use in effectively navigating a crypto claims case as a result of the anonymity it provides. However, those that are active on cryptocurrency exchanges posit that regulating financial transactions across the various blockchains is antithetical to the core meaning of crypto which provides for relative anonymity and decentralized platforms.

Global Reception

As mentioned, some countries are expressing interest in adopting cryptocurrency already while some are having a hard time addressing the concept as a whole. While many nations are showing at least a passing interest in digital currency, a good few of them are also experiencing internal division on how it should be treated.

Read Also: Getting the Best Investment Advice For Your Money

Australia, one of the first countries to take a direct stance on cryptocurrency, is no stranger to the growing pains of this global phenomenon. Back in 2015, the Australian government expressed a desire to remain fairly uninvolved in cryptocurrency This worked fairly well for a couple of years until the end of 2017 when Australian crypto brokers stopped accepting local currency for deposits. It was at this point that the nation’s government elected to regulate crypto in an effort to thwart laundering attempts. Senators from two of the country’s major political parties also called for the recognition of cryptocurrency as legal tender in Australia.

Asia is home to vastly differing opinions on cryptocurrency. While China was once seen as a fertile ground for ICOs and blockchain technology, the country now has a particularly hostile opinion of crypto. Recent regulations enforce the nation’s stance that ICOs are illegal and freezes bank accounts as well as bans internet and mobile access for suspected cryptocurrency-adjacent activities.

Counter to China’s regulations, both Japan and Singapore are rather laissez-faire on the matter. Singapore’s International Commercial Court recently issued a determination on a crypto trade dispute which validated digital currencies in a way. While common opinion holds that Japan is using a crypto-positive stance to court consumers from the hostile Chinese and Korean markets, the country is fairly optimistic about cryptocurrency. However, an exchange hack this previous January has somewhat stunted the country’s enthusiasm.

As for the United States, while some regulatory proposals have been introduced, it’s seemingly not a pressing matter for legislators. Instead, independent associations, such as the Virtual Commodity Association, are leading the charge for self-regulation within the country, a stance that is quickly attracting members who approve of cryptocurrency on the grounds of its inherent decentralization. For now, it’s unlikely that the government will start interfering in trades, exchanges, or the determination of the Bitcoin or Tron price any time soon.

Predicting the Future

While the crypto markets are in one of their rockier stasis periods, it’s unlikely that the industry will see too many radical new policies. Many countries are still in the initial determination stages when it comes to forming a cohesive stance on virtual currencies which means that any sort of international regulatory body is likely several years from inception. The popularity of cryptocurrency still holds strong, however, so it’s possible that new changes will crop up in forthcoming legislative action.

How Telemedicine is Changing Healthcare


The word “telemedicine” sounds very high-tech, but it is becoming a more common practice as the years progress. Telemedicine is the future of health-care for many reasons, including its efficiency and ease-of-use. Continue reading to find out more about this innovative new practice in healthcare.

What is Telemedicine?

Telemedicine is a two-way, real-time interactive communication between a patient and a healthcare provider at a distant site, supported by audio/video equipment and integrated medical devices. Basically, you are attending a doctor’s appointment in the comfort of your own home via a program similar to Skype!

  • Benefits of telemedicine include:
  • Overcoming distance barriers.
  • Widening access to healthcare in rural areas.
  • Reduced travel times/costs.
  • Lower cost of care.
  • Shorter wait times.
  • Shared professional staffing.

How Has Telemedicine Impacted The Healthcare Industry?

Companies like eNcounter provide telemedicine equipment to healthcare programs. This software allows healthcare providers to see their patients over long distances. While in-office visits are always going to be necessary, telemedicine is opening doors in the healthcare field that allows so much more flexibility in patient care and treatment.

One way telemedicine is impacting the healthcare industry is providing more widespread access to healthcare in places where it isn’t as widely available. Rural areas are given better access to healthcare because now patients can be seen by a doctor for minor sickness and injuries from the comfort of their homes, reducing travel times and costs to larger cities where healthcare is more available. This improves the health of citizens in rural communities and also reduces the costs of office visits for those that may not be able to afford them.

Telemedicine is also providing faster access to healthcare providers, improving patient outcomes and catching possible problems more quickly. It also provides an easier way of managing prescription refills/adherence and managing chronic conditions. Patients are spared unnecessary trips to the actual office when all they need is a refill or maintenance/advice for any chronic conditions they may have.

A major positive benefit of telemedicine is the ease with which different healthcare providers can now collaborate together and share their knowledge/research with one another, even across large distances. Before this method of communication, healthcare providers had to go to much greater lengths to share with others in their profession, but now it is as easy as a Skype call!

What Is the Outlook For Telemedicine in the Healthcare Industry?

With the technological advances being made every day, the implementation of telemedicine is expected to grow exponentially in the coming years. Wider access to technology and the efficiency it provides will allow telemedicine to continue growing into a more common practice.

The idea of telemedicine is now a reality. It brings healthcare to a different level, allowing for more personalized and easier treatment of patients and collaboration of healthcare providers.

Getting the Best Investment Advice For Your Money

investment advice

Everyone thinks that when it comes to investing that they are a master of their own world. The truth is how much do you really know when it comes to investing? The average person will discover in their life that they don’t know nearly as much as they should and yet act like they don’t need to worry about investing as there will be plenty of time. The truth of the matter is that often times when a person decides to worry about investing, it is too late. The other half of the people shy away from unusual investments that they don’t understand. Their logic for this is the fact that if it is weird, then it must not work. One example of this is when cryptocurrency first came out many people stayed away because of the fact that they did not understand the concept. There are some things that you can do in regards to making smart decisions relating to your investments. Having a few of these tips in your corner will help you to be ready when it comes time for you to retire and enjoy the fruits of your work.

The first thing that you need to make sure that you do is to not take it personally that your knowledge of investments is limited. Most people do not understand all that they should when it comes to this subject. It is better to trust your head and take a chance than to lead with your gut and just take a wild guess as to what stocks you need to be investing in. Take classes and get informed as to help you know better what you need to do and to get you better educated when it comes to stocks and investing.

When you are picking stocks to invest, go with actual businesses and not just the stock symbol. Often times when a person goes to invest in a stock, they will make their decision based on what symbol looks the best and not actually research the company that they are investing in. When you take the time to actually research the company, you will see a lot of the things that you need to make sure to avoid when going to invest. The smart money will be on the company that the investors say has the best potential and not the one that you think will be a winner.

Don’t be tempted to go with the first thing that you run across in regards to credit card offers. This is where a good portion of people get into trouble as they will make the mistake of seeing a credit card that is being endorsed by a celebrity and think that is the best bet for them. It is not a good idea to have a lot of cards. When you use one, you will want to make sure that you pay it off as fast as you can to ensure that you are not getting deep into credit card debt. This is a lot easier of a thing to do than you might expect and can often time lead to a person getting in over their head as it seems so simple to just buy something on credit and worry about paying it off at a later date.

It is also a good idea for you to be ready for times when things may be a little dicey. You should know by now that stocks go up and down all the time and you need to be prepared for this at any given moment. The simple truth is that stocks are not very easy to predict and as such you need to make sure that you have saved back for the times when things are not that good.

Be sure that you do not overtrade, as this can lead to some issues with your stocks. It will seem like the best thing to do in terms of selling at the first sign of trouble, but the truth of the matter is that you need to avoid this as it can actually backfire on you if you do not know what you are doing.

Making Trading Business as a Hobby of Yours

Trading Business

Trading business is a serious profession to run. You have to be careful with any kind of problems with your work. But, sometimes, it is not that good for a trader to get pressure from managing his or her trading business. As tension creates malfunctioning into a person’s head, you should not be thinking in a way that creates a headache for your brain. The simpler you can think of this business, will better for making your brain function properly. And when your brain is functioning properly in this business, it is safe for your own business. Because the profits and your improvements will be ensured. So, you have to think of this business rather than a serious job. It should be considered as a hobby for you. In the following of this article, we are going to discuss why it is important to think of the trading business as a hobby.

Having a Relaxed Time in this Business

With your hobbies, it remains a really relaxing environment. As it is not the main job of yours, and you are not expecting any profits from a hobby (like gardening), there will be no headache in your headache of making profits from this business. It would be an outside interest for a human being. In the case of the trading business, not thinking about money also, helps traders to focus on the working process. Like maintaining a garden and not waiting for any good outcome, a trader can also have the same kind of mentality and run his or her trading business. So the trading session of each day can be really relaxing for any trader.

Passionate about Forex Trading

Those who really want to become a successful trader must have a strong fascination with this market. As a new investor, you will have to overcome many obstacles. Without having the right mindset and strong devotion it will be a tough job to understand the nature of Forex trading industry. Always remember, losing trades will be a part of this profession. You have to find a simple way to make a profit even after taking some managed loss. And without having strong determination it’s nearly impossible to become a profitable trader.

Making Simplified Trading Plans

When you are planning about gardening, you start from the basic. First, you manage a place for it, then you think about which ones will be there in your garden. If you are thinking about vegetables, some items will be chosen by your head. Then you manage the money and spend on those necessary things for your garden. After that, you work until there are some outturns from your plants. In the case of the trading business, a trader should also plan like what we have discussed recently. First, some money should be managed without any expectation of returns. Then he or she should spend money on trades and act rightly according to a price action trader. And then a trader must have the mentality to work until a good position of trading performance is achieved. If you can manage to plan in this simple way, you will not be disappointed form this business.

Read AlsoBitcoin Trading for Total Beginners

Risking Money According to the Needs

For gardening or any other hobby, a person will spend as much money needed. At the same time, the spending will not be that much. Because there is no expectation of any kind of return, your brain will not be dumb to spend too much on a non-profitable (expected) business. After you have gained some good results from your garden, courage will increase the amount of investment in buying inventories. In the trading business, the importance of money management is also the same. If you can manage your risks per trades according to the performance and your trading account state, there will be not too much loss from your trades.

Bitcoin Trading for Total Beginners

Bitcoin Trading

Bitcoin is the pioneering iteration of digital currencies. Conceived two decades ago, bitcoin was only brought into existence with the proof of concept publication in 2009. Bitcoin and the entire trend of cryptocurrency trading have made an explosive impact on the financial scene. What does this mean for you? Well, the short answer is that is depends on what you choose to do with a newly minted wallet full of cryptocurrencies. Bitcoin in particular has made such an impact that even major news and learning platforms such as Khan Academy and CNN have taken to explaining its function, benefit, and rationale to users. Bitcoin and its cousins in the digital world have expanded beyond a fringe novelty idea into a fully accessible commodity and one that can provide immense value to your investment efforts.

What is Bitcoin?

Bitcoin is a digital token that trades in similar fashion to traditional foreign currencies, often called fiat currencies. The key difference from these more well-understood payment vehicles is its anonymity and decentralization. When you buy groceries at the store with your credit card, you must provide personal identification data in order to complete the transaction. This may come on the form of furnishing a physical ID card to match your identity to the cardholder’s, or in a digital sense, approving the transaction through the use of your signature or pin number. In any case, there is a record that you made a purchase at a particular store for a particular amount. Bitcoin is different in that transactions are made through the use of a sophisticated algorithm that operates as a mask or pseudonym of sorts. It is similar to cash purchases in this way.

When you use cash for the same transaction, the record reflects the fact that a purchase was made in that store for that amount, but the buyer remains anonymous – naturally there is no need to verify you as the buyer. With cash, the value is guaranteed. There is no need to verify that your account has the standing to make a purchase, the value is countable and verifiable instantaneously. Secondarily, bitcoin represents decentralized purchasing power akin to your trading of work hours for goods. You and the buyer set the value of those hours rather than a central authority as is the case with a central bank. This means that the value of bitcoin fluctuates in relation to consumer confidence in its use and continued existence. Here is where the investment value lies.

Why Trade Bitcoin?

Because the value of Bitcoin is prone to sweeping fluctuations, it is a high-risk, high-reward investment. While the value has reduced in recent months, cryptocurrencies have categorically seen meteoric growth and are estimated to enjoy similar leaps in value as the year winds to a close. The upside potential in Bitcoin investment is poised to see enormous gains again this year, but before you sign up for a wallet on one of the exchanges be sure to educate yourself in its trading patterns in order to develop a sound bitcoin investment strategy.

Bitcoin’s decentralized nature means that following trending morale can clue you in on much of the fluctuation that the price witnesses. This means that whether you intend to place a few dollars in an account to buy marginal fractions or are thinking of investing in multiple ‘coins’ worth thousands of dollars, you can just a little more certain of a positive return. Like any investing, cryptocurrencies are accompanied by risks. But with a keen eye for price patterns and a developed strategy to maximize your profits there is no reason why bitcoin should represent anything but a proud and firmly green segment of your portfolio.

You owe it to your savings account to research and consider all your trading options. Bitcoin represents the horizon of online trading, and may just prove itself an immense benefit to your financial future.

How To Have the Wedding Reception You Want at a Price You Can Afford

Getting hitched isn’t cheap, and for most weddings, the reception is typically the biggest expense. Your wedding is one of the most important days of your life, and one you want to remember. However, there’s no need to go into debt. It’s possible to have a beautiful memorable wedding reception, regardless of your budget. If you don’t want to sink boatloads of money into a single (although very special) day, here are some useful tips for planning the wedding reception of your dreams at a price you can afford.

Stay Organised

It’s best not to rush into spending right at the start of your wedding planning. Figure out the reception theme, colour and general layout before you start shopping. This will help you avoid costly mistakes. More importantly, once you’ve found a reception venue within your price range, stop looking and make a deposit payment right away to secure it.

Think Outside the Box for Reception Venues

Professional wedding planners agree that the venue eats up almost half of the wedding budget. Consider hosting the reception at home or outside to cut back on expenses. An outdoor ceremony in a venue with sentimental value eliminates the need for an over the-top venue. Heavy rain or scorching heat can put a damper on your day, so remember to plan for the weather if you do decide on an outdoor event.

Save on Reception Food

Besides the actual venue, food and drinks can also eat right into your wedding budget.

Even if your reception offers a full menu, you can still create a budget-friendly wedding reception menu for even more savings. Keep in mind that the cheapest option for drinks at receptions is to serve non-alcoholic beverages. However, you can add some variety with one type of beer, one champagne brand and a mixed cocktail.

Keep Track of your Guest List

When it comes to reception guest lists, less is sometimes more. Every guest is an expense and with each addition, you’re only driving up the overall cost of your wedding reception.

Consider hosting a smaller, more intimate reception with close family members and friends in attendance. Another way to cut your guest list is to invite more guests to the actual ceremony while you host a smaller reception.

Plan Low-Cost Entertainment

Amazing entertainment at your reception doesn’t have to cost an arm and a leg. With a little creativity, you can find a cheap alternative to a band or a wedding DJ. Make your own playlist on an iPod or mp3 player and connect it to the central sound system at your reception venue. Other fun and low-cost things to try include wedding reception games such as bride and groom trivia. Be sure to ask a friend or sibling to lead the games so that you can relax and have fun at your reception.

Most of all, congratulations! Don’t stress too much, and remember that your wedding is about the two of you and your life together. Create a plan using these tips and stick to it, and you’ll be able to have a great reception without emptying your life savings.

Demystifying Private Equity and Investors: 4 Things You Need to Understand

Private Equity and Investors

To deal with private equity investors, you’ll need to understand them. They may seem like a tough nut to crack, but once you know what they want and what drives them, you can adapt your strategy accordingly to get the most out of them. Firstly the question we must question we must ask ourselves is“what is private equity”?

Private equity involves investing in unlisted companies with the intention to sell them at a gain after having created added value. A private equity investor may buy a company at any stage and then build it for a few years before letting it go. In the 90s, many private equity funds were created to facilitate investments in private companies. They raised finance from investors to acquire promising companies with the aim to make them more profitable.
Unfortunately, there are many misconceptions about private equity firms. However, this article will help you tell the difference between fact and fiction. So, what do you need to understand about private equity?

1. Private Equity Firms Work Hard to see a Business Grow

Money is not the only value private equity firms bring to the table. They also provide access to a high level of information and expertise in different fields. Contrary to the opinion that they strip companies of their best assets, they invest in various strategies such as acquisition and integration of smaller competitors, repositioning of outdated concepts and expanding a company’s geographical footprint, and so on. No one would give you their money and want to watch you fail. They want the returns as much as you do, so they put in the work.

Read AlsoWhy You NEED to Invest in Your 20s

2. Private Equity Investors Want Returns

If you believe that investors are hard to please, you wouldn’t be wrong because that’s the truth. In the early nineties, the returns were high, so more people were willing to invest.

Now, the returns are not what they once were, so investors have become more selective. You need to remember that they’re wanting to build wealth through your business, so your success will also be their success.

3. They Think of the End Game Right from the Start

Private equity firms are ultimately looking to sell a business after having grown it and made it more profitable. If an investor is going to invest in a business, then they must be able to see the possibility of a profitable exit.

This is when relationships between investors and business can become strained, as the goals of both parties might no longer converge; investors are looking to gain a return on their investment but the business owner is navigating the ups and downs that come with building their brand.

4. Private Equity Firms are Always Looking for Value

Unlike venture capitalists, private equity firms go out to look for potential investment opportunities and may approach you if you seem like a good fit for them. That doesn’t mean that you cannot approach a private equity firm yourself, but your company has to be the right fit for their profile. While they won’t engage in the day-to-day running of the firm, they may appoint certain individuals to the management board.

Like you, investors are looking to maximise returns, so a lot of what they do will come back to that.

Are Speed and Reliability Key to Choosing an eCommerce Hosting Solution?

eCommerce Hosting Solution

With hundreds of ecommerce websites being born every week and ecommerce giants such as Amazon making it hard for new businesses to make headway, the ecommerce playing field is extremely competitive. If you own an ecommerce business and you want to succeed in this competitive arena, you need all the advantage you can get. One particular aspect of your ecommerce website needs to be the very best if you want to stay competitive and that is the ecommerce hosting solution you are using.

The hosting solution you are utilising will significantly impact your ability to be able to communicate with your customers and showcase your products and services effectively via your website. If your ecommerce website is in anyway unattractive or unappealing, be it due to slow loading speed, frequent downtime, or security issues, chances are very high that ecommerce customers will not even bother with your website regardless how nice your product offerings are.

Read AlsoTop Social Media Marketing Mistakes to Avoid

So how do you then pick the very best ecommerce hosting solution for your website? Well, Speed and Reliability are very important. But they aren’t the only attributes you should be looking out for when trying to pick the best hosting solution for your business

Site Speed

Site speed is very important because the average online shopper doesn’t have the patience to wait on a slow loading website when there are multiple online businesses offering exactly what you are offering far more efficiently. If you want to make sure that your customers have a positive user experience that guarantees they will come back to use your services or refer your ecommerce website to their friends, you should opt for a hosting solution that guarantees optimal page loading speed.

The speed of your website is also one of the factors that will be used by search engines to determine how highly your website should be ranked in search engine results. The higher you’re ranking, the more organic traffic you will get to your website and thus more customers to purchase your goods.


The reliability of a web hosting solution covers issues such as security and uptime, both of which should be the very best in order to keep your customers safe and ensure they can access your services anytime they are ready to shop.

Uptime refers to time which your website is available, accessible and operational. While no web host can guarantee a 100% uptime, you shouldn’t opt for a web host that offers anything less than 99.9 percent uptime. This is because your ecommerce website is a 24/7 venture that customers should be able to access on any day and at any time. Think of it this way, every second your website is offline is a potential customer and sale lost.

Other Factors

Other attributes that your hosting solution provider should be able to deliver on include scalability and affordability. Web hosting that offers scalability means it offers enough resources for your ecommerce website to expand and grow as time passes to meet the growing needs of your customers. As for affordability, well there’s no reason you shouldn’t get the best hosting service at the lowest price so as to minimise overhead and maximise profit.

Easy Methods for Breaking into the Trading World


Ever since the early development of Wall Street, financial instrument trading has been big business. With the internet now bringing traders and brokers closer together than ever before, it’s now very simple to get involved in this kind of work. All it takes is a bit of knowledge and some hard work and you’ll be on your way to trading success. With that in mind, here are just some of the easier ways to kick-start a career in trading.

Research up Front

While spending time reading up on the complex ins and outs of trading might seem counterintuitive if you’re looking for simple and easy options, it actually makes a lot of sense to invest time in this at the start. By learning skills such as fundamental analysis and economic calendar comprehension, you’ll be able to cut out many of the potential time-wasting opportunities from later in the process. Once you’ve learnt how to analyze a chart using technical indicators, for example, it will become much easier to do and you won’t have to rely on trial and error.

Stick to the Simple Methods

While no trading method is ever perfect or guaranteed, some are definitely easier to master than others. Swing trading, which is easy to grasp due to its reliance on trading between obvious and clear extremes, is one such way to do it. Swing trading book reviews can help you in this regard: again, it’s worth investing the time upfront in learning how to do it in order to make it easier in the long run. Other methods that are commonly used by those who are looking for a simple trading experience include moving average crossovers and breakouts.

Consider Social Trading

If you’re looking to really save time when trading, meanwhile, then it may be worth considering looking into social trading. Platforms and brokers that offer this service allow you to find a more established and experienced trader based on your own risk appetite and needs, and then automatically copy that person’s trades. If you find someone who goes on to make a profit, then you will also profit in proportion. You should ensure that you do your research properly before you make the decision to use a platform like this, though: as with all trading methods, there’s still no guarantee that you will profit – and if the portfolio of the trader you copy goes down in value, then so will yours.

Trading isn’t simple, and there’s no quick fix to get a profit. However, plenty of traders have discovered that there are ways to cut down on the complexities involved and make the process as simple as possible. From opting for methods such as swing trading to doing your research in books and online, there are plenty of ways to enjoy a faster and more streamlined trading career.