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How much of a gamble is trading really?

How much of a gamble is trading really?

In the world of investing, there is always some element of risk involved. However, many people view trading as more of a gamble than an investment. There are a number of factors that contribute to the perceived riskiness of trading, but it is important to remember that all investments carry some degree of risk. With proper research and risk management, trading can be a rewarding experience.

Why do people assume trading is risky?

When most people think of gambling, they think of games such as poker or blackjack where players go head-to-head with the house, trying to beat the odds and come out ahead. Trading is a different kind of gamble altogether. When trading, you’re not playing against the house as you’re playing against other traders in the market and the market itself, and the odds are always changing.

So, how much of a gamble is trading really? That depends on multiple factors. Let’s take a look at a few of them:

  1. The asset you’re trading: Some assets are more volatile than others, which means they’re more likely to experience large price swings over a short period of time. This makes them riskier to trade but also potentially more profitable in the short term. Other assets are more stable, with slower and smaller price movements. This makes them less risky but also less likely to yield big profits in a short space of time.
  2. Your investment strategy: If you’re buying and holding for the long term, you’re taking on less risk than if you’re day trading or trying to scalp profits from small price movements. Of course, your investment strategy also has a lot to do with your goals. Are you looking to make a quick buck or grow your capital? Additionally, your investment strategy will depend heavily on your ability to analyze economic data and understand concepts like what causes inflation
  3. Your risk tolerance: This is a big one. If you’re not comfortable with losing money, then trading might not be for you. Even the best traders have losing trades sometimes, so it’s important to be prepared for a scenario where you don’t always come out with a big profit. If your risk tolerance is low, you may prefer investing in education or real estate to protect yourself against potential losses.

What are the risks of trading?

The risks of trading in the market can vary greatly depending on the type of investment and strategy being employed. Some common types of risk associated with trading include:

  1. Market risk: This is a general term used to describe any potential losses that may occur due to fluctuations in the prices of assets or securities either due to changes in economic conditions or political events.  
  2. Liquidity risk: This is caused by an inability to buy or sell financial instruments quickly enough, resulting in losses on trades that would otherwise have been profitable had they not been subject to liquidity constraints. 
  3. Volatility risk: Volatility refers to how rapidly asset prices move up and down, with higher volatility leading to increased risk for traders holding positions over longer periods of time. 
  4. Systemic risk: Systemic risk occurs when there are disruptions in the functioning of markets as a whole, such as during times of extreme market stress or after major news developments affecting entire sectors such as global pandemics or civil wars. It’s important for traders and investors alike to be aware of systemic risks so that their strategies don’t become overly exposed if something happens outside their control which could have serious implications for their investments going forward. 
  5. Default/credit risk: Investing often involves lending money directly or indirectly, so one must consider default/credit risks posed by counterparties. Understanding these credit exposures helps ensure adequate protection against non-payment scenarios which could affect your investment profitability.   
  6. Interest rates risks: Understanding how interest rate movements might affect your investments, especially those held long term, can help minimize costly surprises down the line. Certain asset classes perform better than others at varying levels so it’s always worth doing some research prior to entering into trades where interest rates play an influential role. 

Most experts will agree that if you get your initial asset mix right, you will generally avoid big losses and enjoy decent gains on your initial investment. 

The takeaway

When it comes to trading, there is a lot of misinformation out there. Some people will tell you that it’s a huge gamble, while others will say that it’s a piece of cake. As you’ll have gathered from above, while there are risks involved beyond the individual trader’s control, just how risky it is depends on what type of trader you are, your investment strategies and how conservative you are with your trades.

Impact of Blockchain in Digital Marketing Industry

Digital Marketing

Though blockchain is a new technology to store and process digital data, it creates a stir in the digital world. It ensures that monetary and data transactions are transparent, secure, and accessible. It improves digital marketing methods to convince consumers and also saves large bucks of money to spend on digital advertising campaigns by large companies. It removes all the intermediates and gives users the freedom to buy and sell directly to marketers. By lowering costs, blockchain will also help small firms give competition to larger corporations. This technology benefits every sector from manufacturing to retail, agriculture to insurance, and more. So, let us discuss the impacts of blockchain in the digital marketing industry:

Major impacts of Blockchain on Digital marketing

Blockchain technology is aiding the different digital marketing processes, so affecting it positively. Let us see what the major effects of this technology on digital marketing are:

Transparency

Blockchain technology assures transparency by securing transactions and bringing legitimate visitors for website owners. Due to this, the trust factor increases, and the website receives more traffic. Consumers can find the uniqueness of products and new features quickly and efficiently. Search engines will now refer to blockchain records to verify the sellers, and they then utilize this information to create an index of such businesses. This is important as it will provide more transparency to consumers.

Increases Trustworthiness

Consumers consider advertising untrustworthy. Even if the content is intriguing, nobody likes to see the ad banners all the time.  Blockchain technology can solve this problem by protecting the ad supply chain and increasing customer trust in the marketing process. The application of blockchain services, which by their nature as ledgers are immutable, can bring required transparency in the ad supply.

Changing Payment Options

The way advertisements are paid will be disrupted by blockchain technology, which will influence search marketing. The companies will assist in the mainstreaming of blockchain-powered ad buys that employ intriguing smart contracts. Smart contracts are only now becoming accepted in the business world, the credit goes to the blockchain, they’ll be a mainstream aspect of doing business sooner than we think. Even there is a scope that cryptocurrencies will become commonplace for payments. This form of payment is transparent and will eliminate forgery checks, bad credit cards, and other chargeback issues. 

Reshaping User Experiences

The launch of blockchain browsers will profoundly alter the digital experience of the common consumer. These browsers are gaining popularity and making news because they promise a more privacy-conscious online experience with more honest and safer ad tech. Blockchain-powered browsers offer secure, tailored search choices to people who follow traditional advertisements.

Fraud Proof

A blockchain network allows users to register certified digital outlets and verify valid advertising tactics against the registry for fraud prevention. Only the registered users have access to see these measures. Digital advertising, bots, and ghost websites are all possible areas where fraud can occur. Including a third party can raise the risk of data breaches, cybersecurity, and human errors. Many big brands are trusting blockchain technologies in digital marketing to reduce fraud.

Blockchain Certificates

Soon blockchain technology will be incorporated into the code of crypto site pages. Modern-day digital marketing experts will also adopt this integration. Most people do not want to be caught off guard, so they are implementing technology in whatever capacity they can. It will become the global criterion to analyze sites. This certificate will give sites a competitive edge over crypto SEO sites that do not have one.

Data Privacy

Blockchain courses have the potential to change the way information is shared. All know that privacy is one of the most critical concerns in internet activities. Companies create profiles for each consumer based on the websites they visit, their searches, the products they buy, and other factors. Personal data leaking and hacking are prevalent on the internet. However, using blockchain technology, all of these issues might be avoided. When a person uses an app or visits a website, the corporation loses access to the data, and all personal information remains intact with blockchain technology. Users will have full control over this data and decide to use it.

To Sum Up:

We can say that blockchain is a new technology for digital marketing. But, it can influence many digital marketing processes by improving data privacy and transparency, increasing trust among consumers, adding more payment options, giving better user experiences, etc. It can also affect the way traffic is attracted to a site,  advertisements are displayed and run, content optimization, producing high-quality information, and more. It is a cost-effective technology that changes digital marketing and Search engine optimization and marketing. Blockchain applications are growing by leaps and bounds, and undoubtedly, it has a huge scope in digital marketing in the future also!

Michelle Phan Shares Her Favorite Skincare Products & Beauty Secrets

Michelle Phan Shares Her Favorite Skincare Products & Beauty Secrets

If you’ve spent even a few seconds watching beauty tutorials on YouTube or TikTok, you’ve felt the influence of Michelle Phan. Back in the early 2000s, the creator was one of the pioneers of the format, deftly combining personal storytelling with step-by-step instructions for how to apply the perfect swipe of red lipstick, the most natural-looking highlight, or the subtlest of smokey eyes. Since her early days as a YouTuber, Phan, now 34, has evolved into a multihyphenate businesswoman: Among various other ventures, she is now the full owner of EM Cosmetics, the makeup line she originally co-launched with L’Oréal in 2013. As she prepared for her latest launch, an art-inspired collection of neutrals, we spoke with Phan about how her approach to makeup has evolved over the years, the chemical exfoliants she found through a “Reddit black hole,” and the sleep-inducing gadget she can’t live without.

We only include products that have been independently selected by W’s editorial team. However, we may receive a portion of sales if you purchase a product through a link in this article.

Your latest EM Cosmetics launch, the Masterpiece Collection, is made up of blush, eyeshadow palettes, and tinted balms—all of which have names that refer to artists, art movements or paintings: Rodin, Rococo, Mona Lisa, Van Gogh. What made you decide to draw that connection?

I was watching a bunch of these YouTube videos about Flemish painters and their techniques— how they have layers upon layers, starting with a sketch and then an underpainting. And it was actually the underpainting that piqued my interest, because they used a lot of earth tones like clay, umber, and burnt sienna. When you see a lot of these paintings today, they stand the test of time because of this technique—it preserves the warmth, colors, and richness. My team and I have been wanting to do a neutrals palette for a very long time, but we wanted to put something out that was different, because, I mean, even the name neutrals is not so exciting. So how do we bring a fresh take to neutrals? As we were developing the products, we thought about the layering process. A lot of the neutral palettes that I grew up using, oftentimes they were very opaque, which is great for people who want that higher coverage, but it just looks very chalky on me. So in the year it took to develop these two palettes, we incorporated satins and sheer finishes that make it easier to build a no-makeup makeup look.

What were your first experiences with makeup like?

The first time I started getting into beauty, I was using my mom’s makeup, because I didn’t have access to my own money or makeup and I just used what she used. Back then, in the ‘90s, makeup was very one note. I was using ugly blue eyeshadow because that’s all I had. Looking back, I’m like, “Oh my gosh, my makeup looks so cringe and bad,” because I didn’t understand color stories. I didn’t understand tones. In a way, going on YouTube and teaching my audience what looks good on me, I evolved too. Now that I have my own brand, I can get very specific and nuanced with what I want in a product, how I want the finish to look, how I want the payoff to be. In a way, it’s a gift to my younger self.

Did you have a beauty icon or someone whose approach to beauty you really admired when you were younger?

I actually didn’t have a beauty icon. Growing up, being Asian American, I didn’t see someone who looked like me on TV screens. I’ve mentioned this before and people are like, “Well, there was Lucy Liu.” But Lucy Liu doesn’t actually look like me! I had to, in a weird way, become my own beauty icon. I had to experiment: My videos were a place for me to express what I wish I saw and how I saw myself. Nowadays we see beauty as so much more diverse. It’s not this one-size-fits-all look. Beauty transcends age, ethnicities, genders. It’s whatever pleases your aesthetic eye, is what I tell people. There are people whom I admire for their beauty, like Monica Bellucci, for example—I believe she has the most perfect beauty proportions—but I live in the world of social media. Every day there’s a new beauty icon, there’s someone representing a new point of view on beauty that I didn’t see before that I want to emulate myself.

If you had to narrow down to one beauty product that you couldn’t live without, what would it be?

Eye cream. Skinceuticals Eye Complex in particular. I didn’t realize how much I undervalued eye cream. Now that I’m older, the skin is starting to feel thinner in that area. People used to tell me, “Don’t use eye cream, it’s a waste of money. Just use moisturizer.” But the more I’ve learned about eye cream, the more I realized, no, they’re specifically formulated: They’re pH balanced because the skin under your eye is completely different from the skin around your face. So that was something I wish I was incorporating into my routine growing up. But now I am, and it just makes the biggest difference with my skin prep. If I don’t have eye cream, my makeup does not look as good.

What skincare investment has made the biggest difference for you?

The one thing that actually works is laser treatments. It’s expensive, but it works. I use PicoSure, which has practically no downtime, but within three months I saw the biggest difference. My skin texture was better. It was less dull. And my pores look much smaller. And then after that, I started to get more into acids. I never touched acids in my twenties because I was always told you don’t want to mess up your skin barrier. But as you enter your thirties, your hormones are changing, so you need a little more help to turn over the skin cells. In the past two years, I started to dabble more in glycolic and lactic acid.

Do you use prescription strength, or are there any brands you feel are particularly reputable?

At first I tried everything on Amazon, and I didn’t feel like anything was strong enough. Then I went down a Reddit black hole. A lot of people were recommending this one website that sells acids called Makeup Artist’s Choice. So I decided to try it and the products are really cheap and so effective. It’s not the most glamorous website, but it’s legit. Don’t focus on the packaging, it’s all about the formula.

What is the first thing you do in the morning, beauty-wise?

I wipe my face with a cotton pad soaked in water. Then I do an acidic toner, an essence, eye cream, moisturizer and, of course, sunscreen. I don’t leave the house without sunscreen. I’ve been wearing sunscreen since I was a teenager, and I know it works because I compared my skin to my mom’s skin when she was my age, and my skin looks a million times better. My favorite brand is a Korean brand called Saturday Skin—their hyaluronic acid sunscreen is one of the best sunscreens I’ve ever used It’s water based, and it’s cheap.

What is your favorite form of self-care? What do you do when you want to just wind down and do something for yourself?

My favorite form of self-care is actually having real good sleep—something that’s a luxury for most people, which it shouldn’t be. I’ve been reading this book called Why We Sleep, which a lot of my friends who are tech company founders recommended to me. I used to think sleep was so unproductive—you know that saying, “I’ll sleep when I’m dead.” But actually I probably shaved off five years of my lifespan because I didn’t sleep a lot. Now, to wind down, I black out my curtains, I turn down the blue light on my phone, and I lie down and read all of the articles that I’ve saved throughout the day. Then I use this eye massager from Renpho. It looks like a VR headset, but you put this baby over your face and it uses air pressure and heat to massage your temples and your eye area, and it plays piano music. I fall asleep within 10 minutes of using it.

What’s your pre-wind-down skincare routine?

I take a long shower, because I read that you want to heat up your body temperature before bed, because as your body cools down afterwards, you feel sleepier. I use Shu Uemura haircare products, and I especially like her hair mask, which I leave on for the full 15 minutes because it makes a world of difference when you use it correctly. I’ll wash my body with AmorePacific cleanser, and then moisturize with Sisley Black Rose cream on my face, and Nécessaire body serum. For my skincare, I use a face and hair micro misting device from a French brand called Reduire—they sponsored me once, but I use it to this day and I really recommend it. It uses magnets to push skincare [which comes in compatible pods] further into my skin. When I first used it I thought, “Oh, this is so gimmicky.” But I noticed the next day my skin looked really amazing, and it’s now become part of my routine.

What would be your ideal spa day and where?

The best spa experience I’ve ever had was in Korea. It’s like the Disneyland of self care. It’s open 24 hours. There are three levels. One level is female-only, another is male-only, but then there’s an area where you wear your robe and you can be among everyone. There are igloos and heated pyramids and an area where everyone is just napping on the floor. A lot of young couples go there to spend time together, because young people traditionally live with their parents, so it’s a place where they can hang out and talk. A friend of mine even lived in one for three days.

How would you say your approach to makeup and beauty in general has evolved over the past couple of years?

I’m not trying to chase after trends. I’m just going with my natural beauty and enhancing it. I feel I’m more aware of who I am and how I look. I don’t live behind filters. I look back and I realize I was really insecure and I wanted to look like a certain person. As you age, you just care less about what people think. When you’re younger, you think people care, but people care about their own issues. They don’t care about your issues! Overcoming my insecurities has been so helpful for my mental health. Actually loving myself—not just saying I love myself.

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Online Gaming in Connecticut: A Profitable Business in the State

Profitable Business

When it comes to gambling, Connecticut has always been a bit of a late bloomer. While other states were legalizing casinos and other forms of gambling, Connecticut took its time. 

As we know, in 2012 the state finally got on board, as they passed a law that allowed for online gaming to be permitted in some instances, which has since been able to expand and grow significantly in the years that have gone by since. And as it turns out, this was a wise decision – online gaming is now a profitable business in the state.

In this blog post, we will take a look at the history of gambling in Connecticut and look to explore the reasons that prove that the industry is an incredibly profitable business for the state.

So, without further ado, let’s crack on and provide you with all of the key information!

Connecticut is a booming state for the gambling industry

As a result of a number of law changes over the years, the state of Connecticut has been able to prove that it can be a profitable region for many within the gambling industry. Indeed, the recent decision to make iGaming and sports betting legal and live since Oct 19, 2021, has had a profound impact on everyone involved.

Following the decision to go live, Governor Ned Lamont had announced that the state had managed to collect around $1.7 million during its first month of being legal, although it should be noted that gross gaming revenue as recently as March 2022 was down on the numbers that had previously been recorded.

Nonetheless, $21.6 million had still been able to be generated, thus highlighting that it is still a big income earner for the state that they would not originally have had available in the past. Of course, with the entire nation still looking to recover from economic issues that had been caused over a couple of tough years, the money generated will undoubtedly have been welcomed, despite being around 3.6% down on what was recorded previously.

When you take into account the totals that have been recorded since iGaming and sports betting went live in the state, sports betting has specifically shown that it can be a valuable business sector for the region. Despite the fact that there is no major professional sports team representing the area, it has been claimed that $56,160,180 has been generated in revenue, whilst the state has managed to generate $4,690,654 in taxes.

Of course, the encouraging figures to have been recorded will have likely been reflected for online casinos, too, whilst it would not be a surprise if we were to see operators who do not currently provide their services here have their interest piqued.

Whilst there might be a range of legal CT online casinos & upcoming operators already within the market, there will be many others that will have undoubtedly found the numbers far too difficult to simply ignore, thus making the region one that could potentially be rather profitable to them.

As a result, this could encourage even further growth within the state, whilst there could be a number of other benefits that could be potentially experienced in the future as a direct result of an expanding market sector that knows it can be rather lucrative.

How could Connecticut benefit?

So what does this mean for the state of Connecticut? In fact, there are a number of different answers that could be provided to this question, with each of them potentially providing a number of benefits that other industries simply may not be able to provide.

Let’s take a look at some of the potential benefits that could be experienced because of a profitable gambling industry:

A new source of revenue

Well, first and foremost, it means that there is now a new source of revenue that can be used to fund various state programs and initiatives. As we have already highlighted beforehand, there have already been some encouraging results already, despite the sector having barely been legal for six months.

Almost $5 million is said to have been generated in state taxes alone as of March 2022, with this money being much-needed and incredibly crucial in helping Connecticut to become better. The state will likely use the money for a variety of different initiatives, although they could extend to improving public services, education, healthcare, businesses, infrastructure, as well as other community benefits.

Regulation means a safer gambling experience

Additionally, a profitable industry also means that more people are gambling responsibly from the comfort of their own homes. This will then provide a safer experience and one in which the administration can then look to try and control and eliminate harm to its people.

By being able to implement certain regulations and laws, the state will have greater control to protect its general public from experiencing bad moments including being scammed out of the cash that they have by illicit operators and those that can not be trusted.

Furthermore, many operators will be attracted to the fact that there are regulations in place, as it means it is also safer for them, too, as they will know that there are certain rules and procedures in place that can help protect them, as well as their punters.

Tourism

And finally, a profitable gambling industry can provide an opportunity for the state to attract more tourists and generate even more revenue.

With certain states located around Connecticut yet to permit legal online wagering, there is the opportunity for the state to try and use its decision to legalize the industry as an advantage when advertising to certain other locations. If they are successful in doing so, then they would be able to generate even more revenue than they have already been able to.

Final Thoughts

There you have it, the reasons why the online gambling industry is a profitable business industry for the state of Connecticut!

5 Ways To Help Kids Fall in Love With Maths

Love With Maths

Can we even think that learning Maths comes easily? It was not easy for us, and hence it will not be any different for our kids. But what we can do is, change the way of studying Maths for our kids.

But, can the kids actually love Maths?

Well yes, if you include all these suggested 5 ways in their maths learning method. With the help of these techniques of mathematics learning, your children will not only love Maths but will grow interested in this subject. This will help your children in taking up major problems in Maths gradually when they grow up. 

5 Simple Ways To Make Your Little Ones Fall In Love With Maths

Maths can be made interesting innumerable ways. Online websites claim that they can make your children fall in love with maths, but we say do a demo check before you proceed. There are many websites that provide a demo check, QuestMath demo class is one of them before you finally enroll your child in an online class.

With these demo classes, you can understand how effective their study content is for the children. Demo classes must have the ability to deliver the best teaching and guidance to the students in terms of making them love Maths. Online learning platforms provide demo classes that provide you a clear picture of what to expect from the outcome of these classes.

In another way, even you as a parent can make your kids fall in love with Maths. Do not know how? Worry not we got you covered. Let us check the 5 ways how you can help your kids love Maths.

The 5 Ways:

1.Maths Games and Puzzles:

Generally, all kids love playing games and puzzles. Why not include the same in their learning process as well? 

Math games are present for all classes. Especially these games will help toddlers. These toddler maths games found on various websites can help your kids indulge in Maths like never ever. 

2. Maths Investigations:

Math investigations are basically brain teasers that will help the kids to stay engaged in mathematics problems. Math investigations are fun, they will help your kids go inquisitive about a mathematics problem even. 

3. Check how you speak about Maths:

When you sit solving math with your kids, make sure you are not distracted by any distractions and you are helping your kids solve mathematical problems calmly. Do not get all stressed out due to a messy problem, rather see it this way – a puzzle waiting to be solved, This positive approach is also passed to your kids, hence be careful how you react to math. 

4. Encourage logical thinking:

Logical thinking will always feed their inquisitive brains. More than pure mathematical questions, indulge your kids in solving maths riddles, this will heighten their interest greatly. Also, with this approach, their logical sense will rise. 

5. Maths Shows and Videos:

With Mathematical illustrations and shows, the image is well captured in the minds of your kids, this will help them to learn more via this process. 

Make sure you teach Maths to your kids with a positive approach. Snooze all the distractions, and encourage a gaming and puzzle atmosphere while solving mathematical problems, all these practices from an early period will help your kids in the long run.