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Home»Questions»Page 59

Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Lastborn
LastbornNewcomer
Asked: December 7, 2025In: Crypto & Forex

A lot of new traders feel embarrassed about asking questions

A lot of new traders feel embarrassed about asking questions. But you’re never going to learn or expand your trading skills and knowledge if you don’t. The 247 Trade Zone has been built to share trade ideas and to keep ...Read more

A lot of new traders feel embarrassed about asking questions. But you’re never going to learn or expand your trading skills and knowledge if you don’t. The 247 Trade Zone has been built to share trade ideas and to keep you in the loop with what’s going on in the market and across our network of traders. But most importantly it was built to answer your questions and help you along the way to becoming a successful trader. We know success isn’t an overnight result and we’re there for you so please make sure if you don’t understand something ask us before you make a mess of it trying to work it out through trial and error.

 

  • The FX Pro Trader course provides the foundation knowledge from which you can build a success trading career from. We also have an extensive range of additional resources and accessories which you may like to explore once you have completed the Pro Trader cours e.
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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on December 16, 2025 at 1:14 pm

    Most new traders tend to feel embarrassed asking questions due to how the old traders usually make them feel. I have come across some old traders who often look down on beginners, they often feel reluctant to respond to their questions or even have the patience to teach them, hence most new tradersRead more

    Most new traders tend to feel embarrassed asking questions due to how the old traders usually make them feel. I have come across some old traders who often look down on beginners, they often feel reluctant to respond to their questions or even have the patience to teach them, hence most new traders would prefer learning it themselves in anyway they can rather than meet the experienced ones.

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Lastborn
LastbornNewcomer
Asked: December 7, 2025In: Crypto & Forex

Understanding your level of patience

 your level of patience and willingness to wait for trades to emerge and profits to develop is important in your selection of the best trading strategy for you. Using the same rating methodology used in the previous questions you will ...Read more

  •  your level of patience and willingness to wait for trades to emerge and profits to develop is important in your selection of the best trading strategy for you. Using the same rating methodology used in the previous questions you will have to answer the following questions to assess the level of patience.

 

1. I am comfortable waiting as long as it takes to maximize the profit from a particular trade. If a trade takes months to reach its maximum profit, so be it (1-10)

2. I am comfortable doing nothing until I get a trading signal, I am happy not placing a single trade for weeks knowing that my system will get me in at the right time (1-10)

3. I am willing to give a profitable trade some room to move rather than taking profits now knowing that this improves my profitability in the long term (1-10)

4. I want to place trades regularly – every day is preferable (1-10)

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on December 15, 2025 at 5:19 am

    Understanding your patience is key to finding a trading strategy that fits you. If you’re comfortable waiting for trades to develop, holding positions for longer periods, and acting only on clear signals, you may do well with a slower, trend-following approach. If you prefer frequent trades and consRead more

    Understanding your patience is key to finding a trading strategy that fits you. If you’re comfortable waiting for trades to develop, holding positions for longer periods, and acting only on clear signals, you may do well with a slower, trend-following approach. If you prefer frequent trades and constant activity, shorter-term strategies like day trading might suit you better. Honestly assessing your willingness to wait and letting profits grow will help align your trading style with your temperament and improve long-term success.

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Lastborn
LastbornNewcomer
Asked: December 7, 2025In: Crypto & Forex

Implied volatility is the potential theoretical annualized movement

­Implied volatility is the potential theoretical annualized movement of a security in percent format. Implied volatility is the amount traders believe the market will move and is the key input into most option pricing models. Implied volatility is traded in many ...Read more

­Implied volatility is the potential theoretical annualized movement of a security in percent format. Implied volatility is the amount traders believe the market will move and is the key input into most option pricing models.

Implied volatility is traded in many formats which include standard vanilla options as well as options structures which combined multiple options. The component of implied volatility is viewed as a market input which fluctuates with sentiment.

Implied volatility is also tracked by exchange traded funds which calculated the at the money strike prices of the S&P 500 index or other benchmarks and produce an index that fluctuates based on this benchmark. The most widely known and traded benchmark for volatility is the VIX volatility index, created by the Chicago Board of Options.

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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on December 7, 2025 at 7:23 pm

    Implied volatility is the potential theoretical annualized movement of an asset’s price, based on what the market expects rather than what has already happened. It doesn’t tell you the direction—up or down—but shows how much traders believe the price could swing within a year. When implied volatilitRead more

    Implied volatility is the potential theoretical annualized movement of an asset’s price, based on what the market expects rather than what has already happened. It doesn’t tell you the direction—up or down—but shows how much traders believe the price could swing within a year. When implied volatility is high, it means the market expects large movements, often due to uncertainty, news events, or strong demand for options. When it is low, the market expects calmer, more stable price behavior.

    Implied volatility is important because it influences the price of options. Higher implied volatility makes options more expensive since there is a greater chance of big price swings, while lower volatility makes them cheaper. Traders use implied volatility to gauge market sentiment, manage risk, and choose the best strategy based on expected price movement. Although it is a prediction and not a guarantee, understanding implied volatility helps traders prepare for possible market behavior rather than being surprised by sudden changes.

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Augusta
AugustaEnlightened Mentor
Asked: December 6, 2025In: Money & Business

How to make money with your reading skills

A lot of us having the skills with reading. What are the different ways we can make money with it?

A lot of us having the skills with reading. What are the different ways we can make money with it?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on December 11, 2025 at 9:51 am

    I think one of the best ways to make money with your skills of reading would be to work on book review clubs. These days there are so many book clubs that pays you to read books and drop an honest review about it. I was omce invited to join a group like this before, but some things came up and i wasRead more

    I think one of the best ways to make money with your skills of reading would be to work on book review clubs. These days there are so many book clubs that pays you to read books and drop an honest review about it. I was omce invited to join a group like this before, but some things came up and i was not able to join the site. You might also be able to set a gig on freelance platforms.

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Augusta
AugustaEnlightened Mentor
Asked: December 6, 2025In: Jobs, Career & Freelancing

What are the additional ways of making money as a gym instructor

For those making money as gym instructors. What are the other ways of making money as one?

For those making money as gym instructors. What are the other ways of making money as one?

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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on December 6, 2025 at 8:01 pm

    As a gym instructor, you can earn extra income in many ways beyond regular coaching hours. You can offer personal training sessions, home workout coaching, or create specialized programs like weight-loss plans or strength-building routines. Many instructors make money by selling meal plans, fitnessRead more

    As a gym instructor, you can earn extra income in many ways beyond regular coaching hours. You can offer personal training sessions, home workout coaching, or create specialized programs like weight-loss plans or strength-building routines. Many instructors make money by selling meal plans, fitness e-books, or online workout videos. You can also earn through group classes such as aerobics, dance fitness, or boot camps. Some instructors partner with brands to sell supplements, gym wear, or equipment for commission. Hosting fitness challenges, providing virtual coaching, or building a paid social media community can also bring in steady income.

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Augusta
AugustaEnlightened Mentor
Asked: December 6, 2025

How to investigate an investment opportunities offline before indulging

investmenIt’s opportunities abound offline. But the issue is always about doing the legit ones. What are the workable steps to carry out to enable one finding things out

investmenIt’s opportunities abound offline. But the issue is always about doing the legit ones. What are the workable steps to carry out to enable one finding things out

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  1. gretago
    gretago Newcomer
    Added an answer on January 6, 2026 at 2:47 am

    Looking for investment opportunities offline requires a lot of caution so that you don’t lose your money to street scammers. Steps to follow include doing thorough research on the business in question and talking to people who have already invested there to get the truth. Also, make sure you check aRead more

    Looking for investment opportunities offline requires a lot of caution so that you don’t lose your money to street scammers. Steps to follow include doing thorough research on the business in question and talking to people who have already invested there to get the truth.

    Also, make sure you check all legal documents and company registration with the relevant authorities before giving away your money. It is best to start with a small amount that you can afford to lose while you continue to learn the market trends and how profits are made as opposed to promises of quick riches.

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Augusta
AugustaEnlightened Mentor
Asked: December 6, 2025In: Jobs, Career & Freelancing

Sacking a worker that's stay from work consistently

Some workers are fond of staying away from their jobs. Do you think this act merit one being sacked?

Some workers are fond of staying away from their jobs. Do you think this act merit one being sacked?

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  1. Anonymous
    Anonymous
    Added an answer on April 11, 2026 at 9:58 am

    This question is kinda deep, It depends on the worker intentions weather it's for personal reasons medical or just purposely. Some people might be going through a lot e.g depression and might not be able to talk to some one or summon courage to talk to Boss. Nigeria is a kind of country where if youRead more

    This question is kinda deep,
    It depends on the worker intentions weather it’s for personal reasons medical or just purposely.

    Some people might be going through a lot e.g depression and might not be able to talk to some one or summon courage to talk to Boss. Nigeria is a kind of country where if you have a problem employer don’t bother in helping their staff instead they fire and replace so the fear of been fired is 1

    Secondly mental health problems some times they might choose to stay away and just keep themselves calm and presentable

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Augusta
AugustaEnlightened Mentor
Asked: December 6, 2025In: Money & Business

What's the essence of separating business money from personal money?

Business money is always Seperate from personal money for some people. Is there any benefits of this for the business?

Business money is always Seperate from personal money for some people. Is there any benefits of this for the business?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on December 10, 2025 at 5:27 am

    Separating business money from personal money is essential for clear financial management. It helps track profits and expenses accurately, simplifies tax reporting, and protects personal assets in case of business liabilities. It also gives a clearer picture of the business’s financial health, makinRead more

    Separating business money from personal money is essential for clear financial management. It helps track profits and expenses accurately, simplifies tax reporting, and protects personal assets in case of business liabilities. It also gives a clearer picture of the business’s financial health, making it easier to make informed decisions and maintain professionalism with banks, investors, or partners.

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Augusta
AugustaEnlightened Mentor
Asked: December 5, 2025

Schooling with the use or student loan or with aids from a family member?

Which comes with a lower debt ; Going to school using student loans from school or Taking financial aid from a family member?

Which comes with a lower debt ; Going to school using student loans from school or Taking financial aid from a family member?

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  1. tray599
    tray599 Knowledge Seeker blogger, content writer
    Added an answer on December 10, 2025 at 4:06 am

    At first I didn't know there is anything like students loan in the first place but if there is such thing I will never agreed to use it to further an education. I think family support is the best if you use your money to sponsor yourself in school definitely it's lower the cost of debt and it's moreRead more

    At first I didn’t know there is anything like students loan in the first place but if there is such thing I will never agreed to use it to further an education.

    I think family support is the best if you use your money to sponsor yourself in school definitely it’s lower the cost of debt and it’s more economical and make you study with ease.

    I think that schooling with loan has a very big disadvantage

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Augusta
AugustaEnlightened Mentor
Asked: December 5, 2025

Doing Assignment for others in exchange for money right or wrong?

I have noticed that some students do assignment for others in exchange of money in schools. Do you think it is a right thing to do?.isn’t this a wrong act?

I have noticed that some students do assignment for others in exchange of money in schools. Do you think it is a right thing to do?.isn’t this a wrong act?

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on March 18, 2026 at 5:23 am

    Doing assignments for others in exchange for money is generally wrong. It promotes academic dishonesty, undermines learning, and gives unfair advantage. While it may seem like a way to earn, it harms both the buyer (who doesn’t learn) and the seller (who risks integrity). A better option is tutoringRead more

    Doing assignments for others in exchange for money is generally wrong. It promotes academic dishonesty, undermines learning, and gives unfair advantage. While it may seem like a way to earn, it harms both the buyer (who doesn’t learn) and the seller (who risks integrity). A better option is tutoring—helping others understand, not replacing their effort.

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