Global Forex Traders Come In All Shapes And Sizes

Despite the fact that there is no centralized market for foreign exchange trading and that Forex trading involves a variety of market makers rather than just a few specialists, there in nonetheless a structure and a hierarchy to the market.

At the top of the market is the interbank market which sees the highest volume of trading and principally trades in the currencies of the G8 nations, which together represent some 65 percent of the world economy. Here the major banks trade with each other on lines of credit which are established between individual banks and the rates at which trading takes place are clearly visible to all of the participants. Trading is conducted through interbank brokers, electronic brokerage systems or Reuters.

Below this ‘top level’ market other participants, such as smaller banks and corporations, must trade through commercial banks. Unlike the interbank market however here there are rarely established lines of credit and this means that traders below the interbank market often trade at less competitive rates and are tied to using just one bank for their foreign exchange dealings.

A few years ago the Forex market was very much dominated by the big banks and was very much an ‘old boys club’ which it was very difficult to get into. Today however technology has changed the market dramatically and even small investors can now access the market as global Forex traders and take advantage of the opportunities previously only available to the big boys.

Access to the market has also been helped considerably in recent years by the changing nature of the market itself. Foreign exchange dealing was formerly very much an activity associated with the international trade in goods and services and was essentially seen as servicing import and export markets. Today however investment plays a major role in the market with capital flowing between countries through participants such as insurance companies, institutional investors, mutual funds and others.

The size and diversity of today’s market, combined with the ease of trading as a result of advances in technology, brings not only extremely high liquidity to the market, but also considerably price stability. Unlike equity markets, the Forex market always has an abundance of both buyers and sellers available and this also creates a very orderly market.

Top Cryptocurrencies for 2018: What Are the Best Bitcoin Alternatives?

Important: This position should not be considered as an investment council. The author focuses on the best coins in terms of actual use and adoption, not from a financial or investment perspective.

In 2017, cryptographic markets set the new standard for simple profits. Almost every piece or chip made incredible returns. “A rising tide throws all the boats,” as they say, and the end of 2017 was a deluge. The increase in prices has created a positive feedback cycle, which is attracting more and more capital into Crypto. Unfortunately, but inevitably, this galloping market is leading to a massive investment. Money has been thrown indiscriminately in all kinds of dubious projects, many of which will not bear fruit.

In the current bearish environment, hype and greed are replaced by a critical assessment and prudence. Especially for those who have lost money, marketing promises, endless shillings, and charismatic oratorios are no longer sufficient. Well, basic reasons to buy or hold a coin are Paramount once again.

Fundamental factors in the evaluation of a cryptocurrency-

There are some factors that tend to conquer the hype and price pumps, at least in the long term:

Adoption Angle

Although the technology of a cryptocurrency or ICO business plan may seem surprising without users, they are just dead projects. It is often forgotten that widespread acceptance is an essential feature of money. In fact, it is estimated that over 90% of the value of Bitcoin is a function of the number of users.

While the acceptance of Fiat is entrusted by the State, the acceptance of cryptography is purely voluntary. Many factors play in the decision to accept a coin, but perhaps the most important consideration is the likelihood that others will accept the coin.

Security

Decentralization is essential for the I push Model of a true cryptocurrency. Without decentralization, we have a little closer to a Ponzi scheme than a real cryptocurrency. Trust in individuals or institutions is the problem-a cryptocurrency tries to solve.

If the dismantling of a coin or a central controller can change the transaction record, it is questioning its basic security. The same applies to parts with unproven code that have not been thoroughly tested over the years. The more you can count on the code to function as described, regardless of human influence, the greater the security of a coin.

Innovation

Valid coins strive to improve their technology, but not at the expense of safety. Real technological progress is rare because it requires a lot of expertise-and also wisdom. Although there are Always fresh ideas that can be screwed on, if doing so puts vulnerabilities or critics of the original purpose of a coin, misses the point.

Innovation can be a difficult factor to evaluate, especially for non-technical users. However, if a currency code is stagnated or does not receive updates that deal with important issues, it can be a sign that developers are weak about ideas or motivations.

Incentives

The economic incentives inherent in a currency are easier to grasp for the average person. If a coin had a large pre-mine or an ICO (initial part offer) the team held a significant share of chips, then it is quite obvious that the main motivation is the profit. By purchasing what the team offers, you play your game and enrich it. Be sure to provide a tangible and reliable value in return.

5 cryptocurrencies to buy in 2018

There has never been a better time to re-evaluate and balance a cryptographic portfolio. Based on their solid foundation, here are five pieces that I feel are worth sticking to or maybe buy at their current depressive prices (which, just warning, could go lower).

#1. Bitcoin (because of its decentralization)

The number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the widest assumption, most of the security (because of the phenomenal energy consumption of Bitcoin mining), the most famous brand identity (the forks have tried to be appropriate), and most of the development Active and rational. It is also the only piece to date that is represented in the traditional markets in the form of Bitcoin futures trading on the American CME and CBOE.

Bitcoin remains the main engine; The performance of all other parts is highly correlated with the Bitcoin performance. My personal expectation is that the gap between Bitcoin and most-if not all-other parts will expand.

Bitcoin has several promising innovations in the pipeline that will soon be installed as additional layers or soft forks. Examples are the Flash system (LN), the tree, Schnorr signatures Mimblewimbleund much more.

In particular, we plan to open a new range of applications for Bitcoin, as it allows for large-scale, microtransactions and instant and secure payouts. LN is increasingly stable as users test their different possibilities with real Bitcoin. As it becomes easier to use, it can be presumed to benefit greatly from the adoption of Bitcoin.

#2. Litecoin (because of its persistence)

Litecoin (LTC) is a clone of Bitcoin with a different hash algorithm. Although Litecoin no longer has the anonymity technology of Bitcoin, amazing reports have shown that the adoption of Litecoin in the dark markets is now second, the only bitcoin. Although a currency that I have much more appropriate for the role of acquiring illegal goods and services, perhaps this presents itself as a result of the longevity of Litecoin: It was launched at the end of 2011.

Another factor in Litecoin’s favor is that it integrates the Bitcoin SegWit technology, which means that Litecoin is prepared for LN. The Litecoin can benefit from an exchange of atomic chains. In other words, secure peer-to-peer trading of currencies without third parties (i.e. exchange) participation. Since Litecoin keeps its code largely synchronized with Bitcoin, it is well positioned to benefit from the technical progress of Bitcoin.

#3. Ethereum (because of intelligent contracts)

Ethereum (ETH) has some major problems at the moment. First of all, governments are cracking on ICO, and rightly so: many have turned out to be either fraudulent or bankruptcies. Since most ico run on the Ethereum network as an ERC token 20, the ICO mania has brought a lot of value to Ethereum in recent years. If the appropriate rules are taken to protect investors Ethereum projects scams can claim a certain legitimacy as a crowdfunding platform.

The second major problem facing Ethereum is the delayed transition to a new hybrid work and battery detection system. Ethereum mining GPU is currently profitable, but Bitmain has just announced Ethereum ASIC minor, which is likely to have an impact on the lower lines of GPU miners. It remains to be seen whether this will change the POW-and how successful this change is going to be.

If the Ethereum can survive these two major problems-regulation and mining-will have shown a great resilience. Otherwise, there are several competing currencies tracking its shadows, such as Ethereum Classic (etc), Cardano (ADA) and EOS.

#4. Monero (because of his anonymity)

Although its adoption in the dark markets is not all that could be expected, I (XMR) remains the privacy of the Prime Minister. His reputation and market capitalization are still above those of his rivals-and for good reason.

Monero’s code requires less confidence that the Zcash “loyal” key ceremony, and had a fair start, unlike Dash. That Monero recently changed his Pow to defeat the development of a small ASIC for his algorithm confirms the commitment of the piece of mining decentralization. A significant drop in the hash rate is due to the new version, which is consistently reported against ASIC. This could also be an opportunity for GPU and even minor CPUs to get back to me. The new version of Monero, 0.12, also includes other improvements that show Monero continue to grow along sensitive lines.

#5. iPRONTO (A decentralized incubation platform)

iPRONTO is an incubation platform Ethereum chain dedicated to investors looking for a safe and reliable platform to invest in new ideas and future innovators that can present their ideas and receive opinions from users, Experts in the field on the practice and implementation of derived ideas.

The ideas of the innovators are supported as the NES in Smart Contract format will be signed between the expert platform and the customer if the business idea of the client to the Committee for the examination and registration on the platform. The idea will not be published for all users on the public platform of the chain, but only for selected members of the target community who are willing to sign the Smart contract to maintain the confidentiality of the idea.

6 Things to Consider When Choosing a Forex Broker

If you are going to choose a good Forex, you have to consider a few crucial things. The competition in the retail Forex market is fierce, and if you scan through the list of all the brokers, you will get a headache. To help you out, given below are 6 things you may want to take into account when choosing the best professional.

1. Security

Security level should be your first priority when making this decision. After all, you are going to hand over a considerable amount of money to a professional who claims to be an expert. Luckily, you can check the credibility of the professional easily as there are regulatory authorities that set trusty worthy brokers apart from the fraudulent ones. Some of these authorities include NFA, CFTC, FCA, ASIC, SFBC, BaFIN, and AMF, just to name a few.

Before you choose a broker, make sure they are member of the relevant regulatory authority.

2. Transaction Costs

You will have to bear the transaction costs no matter what type of currency you choose to trade in. Each time you start a trade, there will be either commission or spread to pay. Therefore, we suggest that you go for the cheapest rates. At times, you may have to pay a bit more to choose a more reliable broker.

3. Deposit and Withdrawal

Remember: good broker allow their clients to deposit and withdraw funds without any hassle. It’s not in the interest of the professional to make it difficult for you to take out profits since their motivate to hold funds is to boost the trade.

In other words, the broker will only hold the funds in order to facilitate the trade. Therefore, you can get the profits you earned any time. It’s the responsibility of the Forex broker to make sure the withdrawal process is smooth.

4. Trading Platform

The majority of trading activity occurs via the trading platform of the broker, which means that the platform should be stable and user-friendly. So, when hiring a broker, you may want to ensure that the platform is good. Good platforms offer free news feed, user-friendly charting and technical tools and so on.

5. Execution

Make sure the broker will fill you at the right price for the orders. Generally, brokers fill their clients at or near the market price. This is the price you can see when you hit the “sell” or “buy” button.

6. Customer Service

Lastly, you should know that brokers are humans and they are not perfect. Therefore, we suggest that you go with a broker whom you can get in touch with easily whenever you need to. Keep in mind that the broker’s competence is as important as their high performance on the execution of trades.

At times, brokers are too kind and helpful when you are going through the process of account opening, but they offer pathetic “after sale” customer support. So, make sure your broker won’t be one of them.

Hope these tips will help you choose the best broker.

8 Computing Solutions at the Forefront of the New Economy

In recent times, the traditional economy and the digital economy has been exposed to new and exciting technologies that promise a more decentralized, secure, and fast network for users. In this article, I have included some of the main players in this developing market.

1. Golem

Golem is an open-source, decentralized computer network.

How Golem Works

The Golem Network is a market for computing power, where users can earn from ‘renting’ their machines or by developing and selling software.

Within the network, users renting computing power are called “providers” and users acquiring power are called “requestors.” The requestors utilize Golem for various purposes, including graphics processing, data analysis, microservices, and machine learning.

Benefits

  • The work division means that tasks can be completed simultaneously, thus enabling shorter timelines for projects.
  • The cost of doing business is less than cloud-based services.
  • Users can be instantly paid for their work with the Golem Network Token (GTM), a token on Ethereum blockchain.
  • Golem is building their whole stack from bottom to top, an approach that typically results in great UXs.

2. iExec

IExec is a decentralized marketplace for cloud services focused on blockchain-based distributed applications and affordable, high-performance computing.

iExecc Dapps

Unlike Golem, iExec (since the release of its v1) allows anyone to develop and run applications.

The iExecc Dapp store contains a variety of apps. Considering the experienced team behind iExec, their reason to choose the Dapp pathway is that there’s probably less competition here. After establishing themselves in the decentralized Dapp market, iExec plans on expanding into decentralized computing tasks.

RLC

RLC is short for ‘Runs on Lots of Computers,’ and it’s the native token of iExec. There are currently 87 million of the ERC-20 token in circulation.

3. Ethereum

Ethereum is an open-source, blockchain-based platform that enables users to build decentralized applications. The computations are performed in an isolated environment called Ethereum Virtual Machine that resides in all node connected on the network. The product of the computations is stored on the blockchain.

Features of the Ethereum Blockchain

Ether

Ether is the currency of the Ethereum blockchain. The cryptocurrencies ETH (Ethereum Hard Fork) and ETC (Ethereum Classic) are two values of Ether.

Smart Contract

The EVM is capable of executing a “smart contact,” an algorithm that stores and automatically executes terms of agreements. Both parties involved in a transaction agree to the terms written in the smart contract.

Bitcoin vs Ethereum Platform

The Bitcoin blockchain focuses on a set of pre-defined operations, such as tracking Bitcoin transactions, while Ethereum allows users to run code of any complexity, making it suitable for any decentralized application, including cryptocurrencies.

Consensus Mechanism

Computation on the Ethereum network cost more and take longer than a standard computer because of the parallelization of computing. To maintain consensus, all participants must agree over the order of all transactions that have taken place, whether they have taken part in the transaction or not.

Ethereum nodes store the most recent state of each smart contract, along with all of the Ether transactions. As EVM is an isolated system, the code runs without access to the network or the filesystem. So, there’s limited accessibility even among smart contracts.

4. Hyperledger Fabric

Hosted by the Linux Foundation, Hyperledger Fabric is an open source distributed ledger technology (DLT) having a modular and configurable architecture that can be employed at the enterprise level in various industries.

Features of Hyperledger Fabric

Privacy, Development, and Performance

  • The Fabric platform enables permissioned, private operation where the operators know each other and can be bound by rules, such as a legal agreement.
  • Fabric supports smart contracts written in common languages, such as Java and Go, so no additional training is required to create the smart contracts.
  • Performance is enhanced because, unlike Ethereum, only parties taking part in the transaction have to reach consensus.

Fabric Nodes

Also unlike Ethereum, Fabric nodes have different roles and tasks in the consensus process. The nodes can be orderers, clients, or peers.

Native Currency

Fabric does not have a native cryptocurrency. However, chaincode can be used to develop a native currency.

5. Tendermint

Tendermint has a blockchain consensus engine, known as Tendermint Core, and a generic application interface, known as Application Blockchain Interface (ABCI). The software enables secure and consistent replication of an application on multiple machines.

Tendermint Core

The Byzantine Fault Tolerant (BFT) middleware of the consensus engine can securely replicate state transition machinery. BFT middleware can tolerate one-third of failures, including hacking attacks.

Tendermint had the goal of offering a more secure and efficient consensus algorithm than Bitcoin’s PoW (Proof of Work). The software formed the basis of important research by consensus protocol Casper’s team: a fault-tolerant chain, such as Tendermint, can make good decisions about who produces a block, while a less reliable chain results in a chicken and egg problem.

The software is user-friendly, replicates applications written in any language, and has multiple applications.

6. Lisk

Lisk is a decentralized and distributed platform that allows users to develop apps and support them with customized blockchains.

Lisk Features

Developers can use Lisk’s JavaScript-based software development kit (SDK) to build both the backend and the frontend of their app. However, Lisk doesn’t offer protection against non-deterministic behavior. Also, the platform can’t prevent infinite loops and measure memory consumption.

Lisk’s Consensus Mechanism

Lisk asks developers to follow “rules” for contracts to ensure consensus. For instance, they ask developers to “don’t use Math.random().”

7. Corda (V 3.0)

Corda is an open source, distributed ledger platform (DLT) catering to the financial industry.

Features of Corda

Corda’s network is a permissioned network – it’s not open to all node operators. The nodes run on Corda and CoDapps and communicate point-to-point with each other.

The ‘doorman’ of each network sets the admission rules for nodes that want to join the network. Like Fabric, Corda offers more privacy because of its fine-grained access control to records, and better permeance because of limiting consensus to the involved parties.

On Corda, contract developers also add legal prose to their contract. This feature consolidates the contract by legitimizing it with the associated legal prose. The platform does not have a native token.

8. Rootstock

Rootstock (RSK) is an open source smart-contract platform that is built on the Bitcoin blockchain.

Rootstock Features

Smart Contracts

RSK is enabling smart contract on the Bitcoin network. It uses the Turing-complete Rootstock Virtual Machine (RVM) for smart contracts. A 2-way peg allows users to directly send Bitcoin onto the Rootstock chain. The RSK coins can be used with smart contracts and Dapps. RSK contracts replicate ‘Proof-of-Existence,’ which is used to prove the existence of a document (or property right).

Security

The RSK blockchain features merge-mining, giving it the same level of security as Bitcoin in terms of settlement finality and double-spending.

SBTC

RSK is a sidechain of Bitcoin. The Bitcoins on the Rootstock blockchain are called SBTC.

RSK is filling the gaps in the Bitcoin network by enabling faster transactions. Besides being convenient for users, it also helps to keep the Bitcoin block size within limits.

Areas Of Misuse Of Computers And The Internet – Computer Misuse Act

You must already be familiar with data [data: information without context, for example, a list of students with serial numbers, is data. When these figures represent the placement in a 100 meter race, the data becomes an information] and computer misuse [the data stored electronically is easier to access]; with software [software: a general term used to describe an application or program], which may not be reproduced without permission. The consequences leads to Software piracy [piracy: the acquisition, benefit from the use or making changes to copyright material without prior permission]; and hacking, and can lead to data corruption; accidental or deliberate.

Types of Computer Misuses

Misuse of computers and communication can be in different forms:

Hacking

Hacking is when an unauthorized person uses a network [Network: A group of interconnected computers]and an Internet modem [modem: a piece of hardware that connects the computer to the Internet] to access security passwords or other security of data stored on another computer. Hackers sometimes use software hacking tools and often target some sites on the Internet. Their exploitation is not only limited to private networks but also to government and corporate computer networks.

Misuse of data and unauthorized transfer or copy

Copying and illegally transferring data quickly and easily online using computers and large storage devices such as hard disk drives [HDD: a device used to store large volumes of data, on a hard disk], memory sticks [memory stick: a thumb-sized portable storage device mainly used for transferring files between computers] and DVDs [Digital Versatile Disc- used to store data, for example, a film]. Personal data, company research and written work, such as novels and textbooks cannot be reproduced without permission of the copyright holder.

Copying and distribution of copyright software, music and film

This also applies to the copying of music and movies to circulate on the Internet without the copyrights [copyright: Indicates the creator of an original piece of work and controller of the publication, distribution, and adaptation] authorization holder. This is a widespread misuse of both computers and the Internet that overlooks the copyrights rules and regulations.

Pornography

A large part of indecent material and pornography is available via the Internet and can be stored in electronic form. There have been several cases of materials that are classified as illegal, or that show illegal acts, found stored on computers, liable to prosecution for possession of these materials.

Identity and financial misuses

This topic covers misuse of stolen credit card numbers to obtain goods or services on the Internet, and the use of computers in financial frauds. These can range from complex well thought deceptions to simple applications, such as printing of counterfeit currency using color printers.

Viruses

Viruses: ultra microscopic non-cellular organism that self-replicates itself in the host files and programs, are relatively simple programs [program: a list of instructions written in sequence] written by men and designed to cause nuisance or harm to computer system or their files.

High Fashion Modeling Requirements As an Editorial Model – More Factors Than Just Tall and Skinny

Educating yourself to recognizing what editorial print modeling realistically “looks” like in a high fashion magazine is the first step to understanding the variations of the different types of editorial modeling and how it is different from the other more common types of “commercial” print modeling work. Editorial work in a magazine is a huge “jump-start” for a fashion model’s career. It is the experience many strive for.

“Editorial” print modeling refers to “magazine experience” for the model where a “story” is being told without words, but rather by photographic pictures (or groups of pictures) of the model in a high fashion magazine. This type of print modeling carries a very “prestigious” landmark on a model’s career. Its’ work includes the current fashion and beauty trends of society by showcasing designers, make-up, hairstyles, skin care, etc. as told and expressed via a pictorial story. Editorial modeling can even tell a story about all of the different aspects of people’s lifestyles. If you pick up any high-end fashion magazine you can find numerous examples of editorial print work.

Some editorials in magazines are considered so prestigious because they set the standards and trends for the current and “near future” of the market that the pictorial story is being told about. Refer back to those magazines that are from months, years, or even decades ago. Somehow, the editorial pictures you may find from that period of time have been a part of the history of fashion, beauty, or lifestyle as represented by that magazine’s staff.

Who thinks of the concepts of editorial stories in those elite high fashion magazines? There are teams of people all over the world who work for the various high-end magazines that have their input. These people write and create their concepts of what styles, models, designers, and trends are “IN” for any unknown given period of time. That makes them a very important part of the modeling industry. When glancing through those magazines you should note that an “editorial” is not an advertisement for any “specific” company, so if you see one specific product being advertised with its’ logo, then it’s an ad…that’s something different called a commercial print advertisement. If it “looks” editorial, but you see the company name in large print…it is meant to tell a story for that company’s image of what they want to sell to the consumer. High end fashion and beauty clients can place some creative, multi-page print ads into magazines that may mimic an editorial spread. The biggest difference is the rate that the model gets paid for doing a commercial, fashion ad for a high end client versus an editorial fashion spread for a magazine.

For the purposes of editorial modeling, pay close attention to how expressive, awkward, dramatic, artistic, and creative the poses of the model are versus the more refined poses you would see in a catalogue that emphasizes selling the clothes as #1. Remember, the editorial model promotes the story and concept via editorial pictures in magazines where the main emphasis is on the story or trends. In the magazine’s editorial (pictorial) spread there will be some sort of reference to names of designers and the cost of garments and/or accessories that are being featured, but it is not meant to act as a dedicated advertisement.

These magazine spreads get a lot of attention. Surprisingly, even though the editorial model is a strong statement in the “story”, it is only unfortunate for the model that this is NOT a high paying job (maybe only a few hundred dollars). This may be one of the only drawbacks of being an editorial model in the beginning. When you need the money probably the most (if you haven’t saved enough money to last you through this phase), this income doesn’t go very far in paying the high bills that go along with living and working in the “big city”. Most would expect models appearing in a famous high fashion magazine to be compensated well with money, but they are not because it’s not a paid advertisement by a client. It is a special feature created and presented by the magazine.

Apparently, from the fashion industry’s view, it’s the “prestigious” experience that has a lot of value to the model, so models have accepted this reality (whether or not it’s really fair). After all, when the magazine hires a model for an editorial spread they are hired to perform their service as a model representing the magazine’s concept and creative story…it’s a booking. It’s not a tax write-off for the model. The potential tear sheet may (or may not) bring more prestige and work for the model because truly it is not guaranteed no matter what anyone tries to offer as a reason to work for such less money. The magazines do play such a major role in the modeling and fashion industry that it’s a tough argument on the model’s behalf. The magazines rather monopolize on this fact, of course, so they will always find another model looking for their big break who will accept their terms. Could those famous fashion magazines afford to pay their featured editorial models more money? Only they know.

Remember this fact; everyone is replaceable in the modeling industry. It’s a harsh fact, yes. The ideal goal is to work and to adapt until you decide you don’t want to model anymore (before the industry decides you’re done). It doesn’t quite work that way because trends change, models age, and new-faced models pop up all over the place. There are more reasons, of course, but the fact that there will always be someone else to replace any model is why magazines do have that power to pay very low for their editorial placements.

Eventually, on the very positive side, it seems that the experience of editorial print modeling does lead to more money and prestige because of the increased exposure, tear sheets, and the demand for future bookings from clients who do pay more money (and that is pleasing). The editorial model is a standard of what the “beauty and fashion” message is for that moment in time, so everyone wants them. When an editorial story features that model, they are literally given a seal of approval as representing who and what is IN. So, moving on from the fact that it’s not even a little “high paying” job can lead the open-minded model to keep their business mind open, too. Consider the MANY, MANY “pros” to the model from the editorial experience. This part of their career rarely happens to a large percentage of aspiring models, so the #1 “pro” is that they are super-fortunate to even appear in and get tear sheets from a high fashion magazine.

Being realistic, there are many successful “commercial” print models that would have really loved to have been a high fashion editorial model, but they never had that opportunity. Once again, models are subject to other’s opinions and standards that control their career’s general success. There are things that models can do to increase their “editorial” skills and “look”, though, but there are just some models who will never get their chance at editorial modeling even though they may be uniquely beautiful, outwardly gorgeous, or even perfectly reach the standard sizes required of editorial models. It’s not easy to compete with the concept of “editorial” beauty, so your modeling career should be balanced if you strive for such a “prestigious” role. If the editorial modeling style is what you think you really want to do, you need to remember that those editorials may not pay your bills alone in itself, so that’s an area where a model should be well-rounded and versatile in many other types of modeling that can help supplement their income. There usually is no time for a busy fashion editorial model to have another job because a model has to be very flexible with their time for going on bookings, go-sees, fittings, etc. Establishing a back-up savings of money even in the early stages of a modeling career is crucial to hold you over as you build your career.

Things in the fashion industry can change quickly, so this can work toward your advantage if you are very close to starting your editorial modeling career, but the changes can be more harsh if you’ve already been established as an editorial model because many insiders within the industry will know you’re on the way down when the magazines stop booking you. That is the time to branch out to other modeling opportunities if you still want to work as a model. Editorial modeling is relatively for a very short period of time in most models’ careers, so the model that is fortunate to model as both an editorial and then a commercial model may see the long-term success in their career through the years.

If the opportunity for success happens, it is a wonderful landmark in the model’s career, so use it wisely. This is an opportunity to be positively recognized, so show your potential as being dependable, professional, and adaptable. Don’t blow the opportunity away by acting immature or childish. Being professional doesn’t mean being uptight and boring, either. There are interpersonal, social skills that need to be adapted for different occasions. The editorial model has contact with such a wide range of industry professionals that each has their unique role with diverse personalities.

REMINDER: Your life is your personal business, so be careful of what and how you communicate because first impressions are hard to change. For example, being late is very, very bad. Also, complaining can be annoying. Having a free-spirit can be youthful, but there is always a correct time and place to be a part of every party scene (and there are pros and cons to that which can make or break a model’s career if they don’t use any self-control appropriately in their lives.) Relationships do form with people over the span of a model’s career. Some people may be there for a very short time, but other relationships can last for years. It’s an industry of “acquaintances” that really have fewer “real” friends, but as long as you know your place and your role in the industry you can keep a better sense of who’s really there to help you. People tend to have motives that are self-orientated, so keep your eyes on people that can help you and be prepared to offer them the type of relationship that is okay with you, but not so they are taking advantage of you. This applies to relationships with other models, photographers, agents, clients, etc. There can be real friendships, and there can be golden opportunities made with the right people at the right time, but keep your “radar” on for people scamming or exploiting you.

The fashion industry is a fast, complicated institution full of many eccentric individuals. To please one individual may not be pleasing to another, while to please the RIGHT one may launch a young model’s career. There is an element of trend “followers” involved in responding to whatever the trend “setters” say is IN the moment, so the industry is truly guided by the elite, high fashion magazines. What does an editorial model look like? Back to the trends, this answer can have variations dependent upon the moment or particular designer. On average, an editorial model is not the standard, classic beauty that most people think of as being considered “pretty”. There are exceptions, but there must be something very unique and special that can make the model stand out. Often, editorial models have a somewhat quirky look that stands out as obviously unusual. Odd and exotic looks, very tall height, slim built bodies, and models who have the ability to be “chameleon-like” in their appearance are candidates for consideration as an editorial model. It sometimes is an odd personal experience for the model that felt awkward and different growing up and then they are placed in a unique position where they are made into fashion objects of beauty.

Editorial print pictures are artistic and expressive without words, but at the same time are meant to show the garments you are wearing, or whatever image the model is promoting in the best way possible. The poses are much different than catalogue, and the way the body is expressing the story requires a talent. Some may call the talent “acting”, and it’s a modeling skill that only emphasizes the importance of what every good model should possess. The skill of being a chameleon that can change to the mood of the moment easily is much easier to work with versus having the same looks over and over all of the time. When an editorial piece in a magazine is about showing an “edgy” look and a pretty model just wants to show how pretty she is…she has failed. She has failed herself, the photographers, the stylists, the designers, the magazines, and ultimately the consumer who sees this editorial pictorial story and gets the entirely wrong concept from her “pretty” picture. It’s not about how the model is supposed to feel about themselves, but rather doing the job that the model is booked for…a.k.a. whatever the client wants the model to portray (for instance, a.k.a. “edgy looking” model or “retro looking”, etc.). The model should always have a mental note in their mind of the “concept” that the client wants to see and bring it out in front of the camera (or on the runway). Editorial jobs are for the top potential models. If a model feels ugly or weird in what they are modeling for a magazine editorial, they must dig deep and find a way to make the concept exciting or very interesting to match the conceptual idea of what they are modeling.

One job leads to another very quickly when the models start doing editorials, but remember that this stage may not last very long. Enjoy the adventure and any perks because they just don’t happen for most models in their careers. There are so many people all over the world who dream the same dream of being a famous model and their fantasy never gets fulfilled to what they expected. So, when the elite opportunity arrives you should be aware of how fortunate you may be considered in the eyes of other models that may not have “walked in your shoes”.

For any given number of reasons, modeling is not always a highly successful occupation even for the talented person. The work is not always glamorous, either, even though the finished product in a magazine or couture fashion show may appear that way. On a positive note, models can be exposed to some small and very large perks, too. Perks are based on what you may each consider above and beyond what you actually earn in money as an extra bonus that’s not measured on your income tax statement (such as meeting celebrities, attending parties, etc). Your booking rate can increase with the more you become in demand, too. When a model is seen doing editorial spreads in different magazines…they are becoming in demand! Even though the “editorial” rate is low, this popularity branches out into a variety of other options for the model’s career that makes them very, very busy as a professional, working model.

Editorial modeling in a high fashion magazine is a PRIME booking for a model that is serious about having a career in modeling. It is not the type of assignment that you can get in most U.S. cities. New York City is the fashion capital of the United States and it is where the opportunities are for high fashion editorial work. There are other cities internationally that have a lot of editorial work, too, so a model’s willingness and financial ability to relocate and travel is a “must” in order to increase their chances in appearing in any magazine spreads. Not all American models start their high fashion careers in New York City. Many obviously want to, but few get the right opportunity. Agents may recommend that they gain more experience and exposure overseas where there are many magazines and opportunities that may help their career get better established before they venture around New York City. (We’ll discuss more about international modeling, later.)

It takes a special type of model (physically & mentally) to get a grasp on what is required of them in this type of specialty. Rejection is a big part of this career as common as the many, unfulfilled dreams. A model must cope with the reality that they are always being critiqued by many others. For the individuals who have been “good-looking” and socially accepted their entire life, it sometimes is very hard to deal with rejection based upon their “looks”. It’s not easy to take personal criticism, but the better you are at preparing for the worst comments, the better you may be at not being caught off guard. Letting it ruin your day is much better than ruining your career and self-esteem because you will need to have confidence in your skills as a model.

Your personality should adapt as you see more of the modeling industry as an insider. It may sometimes feel as if you are using every bit of your patience and self control in not trying to stick up for yourself to the many different people who may drive you crazy, but always remember what will be best for your success as a model in the long run. Don’t lose control nor lose focus of what your job is as a model and who you represent regarding the client and your modeling agency. Anything that you experience as a model that is unpleasant is usually nothing new to most other models that have worked for a little while, so hang in there and do your best to cope because there will many other models who will not be able to take the heat and drop out of modeling as quickly as they began their dream. It may sometimes be lonely or scary when you’re far away from family and friends, so you may quickly assume more independence without their support over time.

You’ll be facing issues in a modeling career that other people your age may not encounter in their job description such as nudity. In high fashion, there’s no room for too much modesty, either, because the model’s body is stripped down, dressed up, and stripped down again from client to client and garment to garment as part of the fashion business as a live mannequin (a.k.a. models). Your face and your body are part of the package used to promote the fashion story on the runway or in magazines (versus nudity for pornography). There’s a fine line between what is “accepted” in fashion that uses partial nudity versus that what the model is “expected” to portray intimately for pornography. Fine art using nude models or a revealing high fashion designer’s haute couture versus modeling nude on a website or in a pornographic magazine have different standards and is viewed by the industry as such, so be aware from the very beginning of what you are comfortable with.

Often, it’s not just modesty that is sacrificed in a model’s career that causes their parents to be on guard. Models may be placed in many scenarios that they are not familiar with and they need to trust that they are safe when they feel vulnerable. This is where the high fashion model’s agency is the key to managing its’ clients and models. Models change in front of each other and clients sometimes, wear provocative garments, and sometimes are told to act sensually with others (male and female) in front of the camera and on the runway. This is a part of high fashion editorial modeling, too, where modesty can hinder the model’s ability to perform and get the final results.

It appears that when you add in the actual physical requirements of the editorial model you may see the numbers dwindle down to who actually gets an opportunity and succeeds as an editorial model. The female editorial model is anywhere in her teenage years aged 14-19 (on average) and is very, very thin (size 0-2…maybe size 4, depending on trends) and very tall (5’9 -6’0″). She won’t have very large breasts (under 34 C-cup), nor body piercings and tattoos. (*unless approved special circumstances). Add to her body’s physical requirements a “uniquely” beautiful face with interesting features and the average number of qualified females dwindles down even further. Remember, sometimes it’s not a typically “pretty” girl who photographs like a strong, chameleon-like, editorial model…sometimes a “pretty face” just photographs as a “pretty face” and that’s not always interesting in the fashion world.

The standards for male models are somewhat similar, but their age is older (average 18-25) and their height should be 6’0″ wearing a size 40 suit with approximately a 34 inch inseam. The male models should be lean, cut, and fit versus having too many bulging muscles that don’t fit in his clothes. He, too, must be where the editorial work is either in the U.S. or internationally. The male model may face his own obstacles when faced with what is expected of him, but there are many shared basics of modeling between female and male models relating to the industry and facing rejection.

Bill Lipschutz – The World’s Greatest Currency Trader What You Can Learn From Him

Bill Lipschutz is considered one of the greatest if not the greatest, currency trader of all time and with good reason – during the 1980s, in his eight-year career with Salomon Brothers, he generated over half a billion dollars in profits trading currencies. Let’s take a look at his trading strategy in more detail and what you can learn from him.

Bill Lipschutz has had his fair share of losses but like all good traders he learned from them and like all the best traders he plays great defence and focuses on preserving equity first. He does not placing the entire trading capital into one single trade, or even into trades which have a tendancy to move together which are correlated.

He also puts great emphasis on looking at the risk / reward ratio at the time you look at it and not from the point in time when the trade was first taken – events change the risk reward and you need to see you. All the great traders know how to manage risk and many of the greatest traders have been taught by the pain of taking a big loss. If you want to win at Forex trading, strong money management is the foundation any successful strategy is based on.

The Fundamentals  

“I don’t trade on dreams or rumours. I’m a fundamental trader. I try to assemble facts and decide what kind of scenario I think will unfold.” Bill Lipschutz, Market Wizards

Its the fundamentals which move markets, sure technicals can help you time your trades better and give an idea of historical value but supply and demand facts, generate long term trends. Bill initiates trades only when the fundamentals are favourable; this may sound simple but most traders don’t do it and never bother looking at the bigf picture.

The Art of Trend Following

Big trends last a long time and as Lipshutz says:

“It is well acknowledged that the most profitable market environment for FX [foreign exchange] trading is a trend – in particular a trend that unfolds over a medium-to long-term time horizon,”

Lipschutz identifies big trends and then tries to ride them to their conclusion, of course this is not easy but knowing the fundamentals and looking at charts, he can see over and under valuation better than most and when to get out and in. Also he doesn’t bother trading short term moves or day trading, most new traders try this but all their doing is trading the noise of the market and lose. If you want to win, trade the big long term trends, its as simple as that.

Final Words

Bill Lipschutz still trades today and still has an outstanding track record of profits. His status in the trading industry was acknowledged by his induction into the Traders Hall of Fame – simply one of the greats and if you read more on his strategy, you will get some great tips on what it takes to win at currency trading.

What Is Bitcoin & Why Is Cryptocurrency So Popular?

Bitcoin has been the buzz word in the financial space. As of a matter of fact, Bitcoin has exploded the scene in the last few years and many people and many large companies are now jumping on the Bitcoin or cryptocurrency bandwagon wanting a piece of the action.

People are total new to the cryptocurrency space are constantly asking this question; “What is Bitcoin really?”

Well, for starters bitcoin is actually a digital currency that falls outside the control of any federal government, it’s used worldwide, and can be used to purchase things like your food, your beverages, real estate, cars, and other things.

Why is Bitcoin so important?

Bitcoin isn’t susceptible to things like governmental control and fluctuations in the in the foreign currencies. Bitcoin is backed by the full faith of (you) the individual and it’s strictly peer-to-peer.

This means anyone complete transactions with Bitcoin, the first thing they realize is that it’s a lot cheaper to use than trying to send money from bank to bank or using any other services out there that requires sending and receiving money internationally.

For example, if I wanted to send money to let’s say China or Japan I would have to have a incur of fee from a bank and it would take hours or even days for that fee that money to get there.

If I use Bitcoin, I can do it easily from my wallet or my cell phone or a computer instantaneously without any of those fees. If I wanted to send for example gold and silver it would require many guards it would take a lot of time and a lot of money to move bullion from point to point. Bitcoin can do it again with a touch of a finger.

Why do people want to use Bitcoin?

The main reason is because Bitcoin is the answer to these destabilized governments and situations where money is no longer as valuable it used to be. The money that we have now; the paper fiat currency that’s in our wallets is worthless and a year from now it’ll be worth even less.

We’ve even seeing major companies showing interest in the blockchain technology. A few weeks ago, a survey went out to a handful of Amazon customers whether or not they would be interested in using a cryptocurrency if Amazon creates one. The results from that showed that many were very interested. Starbucks even hinted about the use of a blockchain mobile app. Walmart has even applied for a patent on a “smart package” that will utilize the blockchain technology to track and authenticate packages.

Throughout our lifetime we’ve seen many changes take place from the way we shop, the way we watch movies, the way we listen to music, read books, buy cars, look for homes, now how we spend money and banking. Cryptocurrency is here to stay. If you haven’t already, it’s time for anyone to fully study cryptocurrency and learn how to take full advantage of this trend that’s going to continue to thrive throughout time.

An Honest Review on Powerup Capital Kishore

My brother and I had attended Kishore M’s CFD course 3 years back and within 9 months, we made $80,000 and bought a Toyota Vios for my mom.

Just last year, we had attended his forex course and today, we are making money from almost most of our trades on a daily basis.

Then this is just from my own experience. Do not believe a word I say until you have read my review.

We paid Kishore M over 3000 Sing Dollars for the CFD and forex course and made over 10 times that investment.

More than 20 students had volunteered to support Kishore’s initiative in making a difference in a developing country like Malaysia and Singapore.

I’m glad that he had taught me how to trade because in this recession with the education system that we are all in, we would be just holding a piece of paper(degree) but not have any jobs because universities don’t guarantee a job but charge us huge fees.

I have recovered all my course fees which I had paid Powerup Capital but if I am jobless, I don’t think I would be recovering my university fees.

As far as the support from powerup Capital is concerned, Kishore M offers the best support,

1) we get daily alerts,

2) weekly live trading tutorial face to face with Kishore,

3) online forum where seniors help the juniors,

4) coaches are assigned to us,

5) We can log into powerup live trading room every week

6) Online chat support up to 11pm in the night

From my knowledge and experience, no one would offer such thorough support.

As far as Kishore M’s credentials are concerned, he is a certified hedge fund manager. A hedge fund manager knows how to trade every thing from forex, futures, options, cfd, commodity etc.

Kishore just happened to teach options first rather than forex since Asia is an equity driven market and people are more familiar with stocks and were looking for ways to hedge their portfolio hence options make a perfect fit not forex.

Now with the recession people are looking for ways to diversify their portfolio and are open to learning new trading instruments and forex being one of them.

In terms of reputation, my research tells me that Powerup Capital advertises the company using pictures and testimonials in Malaysia the same way he advertises in Singapore.

In Singapore, unless and until one can prove the testimonial are from real people making real profits one cannot publish the company in the newspapers.

Have you seen any Malaysian forex trainers advertising in Singapore? No this is because they cannot.

In Malaysia you can advertise and write whatever you want in an ad and no one would ask for proof.

Did you know majority of the forex trainers are Kishore’s ex-students who have either learned options or forex from Kishore?

To name a few, they are Terence T, Lily Thnieh, David G, and Koomar.

So this is just the background of Powerup Capital.

3 Strong Grounds for the World of Digital Currency – Cryptocurrency

Welcome to “crypto” world!

– A domain of Blockchain technology

– A market of cryptocurrency

– A closet of Bitcoin payment system.

So, here is the trend or you can term as a “digital currency world” with a great move to go up in the game.

If you are avoiding Bitcoin and cryptocurrency today, then, you will be going to fall in a bad ditch tomorrow. It is actually the present and future of currency that doesn’t know how to cease steps. Since its inception to till date, it is growing and helping many individuals all over the world.

Whether it is Blockchain to record transactions or Bitcoin system for handling entire payment structure or Erc20 token wallet to define rules as well as policies for Ethereum token- everything is going hand-in-hand and towards the new ray of currency in the world.

Sounds great, isn’t it?

Moreover, with the advent of such successful currency mode, many of the firms love to be part of this game. In fact, it’s all about assisting businesses or organizations to get Blockchain technology or cryptocurrency without any hassle through a reliable Blockchain development company. With loads of knowledge and potential, these companies develop this currency and play a vital role in the digital economy.

Just for a nano-second, let if we assume that cryptocurrency won’t exist anymore, then what will happen?

Might be, time will counter-attack on your thought!

Very first launched by Satoshi Nakamoto, Bitcoin was the colonizer and from that initiation, an innovative digital currency evolved with spectrum of good things.

So, the question arises- does cryptocurrency development or its originator cryptocurrency development company will vanish or stay till the end?

Actually, it’s not possible to predict future, but we can say that cryptocurrency or Erc20 or Blockchain or Bitcoin wallet Development Company will be there with same flair of enthusiasm and passion to lend a hand to business verticals and organizations.

John Donahoe, the former CEO of eBay has said- “Digital Currency is going to be a very powerful thing.”

And, it is proving very accurate, as the time crawls.

Actually, it has some valid grounds behind the success of this concept.

Fraud-Proof:

With cryptocurrency, blockchain is associated. So, each transaction is recorded in this public ledger, avoiding any hoax. And, all the identities are encrypted to overcome the identity theft.

Erc20 takes care of all rules and protocols, so no infringement of rules and orders. If you are in, then don’t forget to contact Erc20 development company and get it developed to be within rules.

You are the sole owner:

No third party or no other assistant or no electronic system to evaluate what you are doing. Just you and your client maintaining end-to-end experience. Isn’t it a great concept?

Withal, the settlement is instant and it’s all between you and your vendor without any other disruption. At the end of the day, it’s your call.

Easily Approachable:

Internet has made everything within reach and at fingertips. It plays an indispensable role in digital currency market or exchange market. You will have a better option for currency exchange instead of using traditional and time-consuming ways. And, a wonderful way to be clued-in as an enthusiastic for cryptocurrency sphere.

If you are a business owner and anticipating to welcome cryptocurrency in your zone, always move ahead with a determination shot. Approach a trustworthy vendor or cryptocurrency exchange development discuss everything with all cards opened and then hit the ball in court.