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The optimal time to trade the forex foreign exchange market is when it's at its most active levels. That's when trading spreads the differences between bid prices and ask prices tend to narrow. In those situations, less money goes to the market makers facilitating currency trades, which leaves more money for the traders to pocket personally. Forex traders need to commit their hours to memory, with particular attention paid to the hours when two exchanges overlap. When more than one exchange is open at the same time, this increases trading volume and adds volatility—the extent and rate at which forex market schedule or currency prices change. The volatility can benefit forex traders. This may seem paradoxical.

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Financial nerd

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Financial nerd Your security. You can recognize a financial nerd by his or her flashy lifestyle, and a tendency to make references to expensive things bought recently. Stock Advisor Returns. View Our Services. Tailored insights. Our Purpose:.
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Investing flanders A financial dweeb knows facts about money, but does not understand how money actually works. Join Stock Advisor. However, as with nerds of many stripes, revenge upon others is desired. By Joel Anderson. For clients, an Asset Map provides a useful summary of their household, showing them how all the individual pieces of source financial lives interact and create their broader financial situation. Today, however, I'm a different kind of nerd. Frugality can be competitive In most of society, people brag about their cars, their houses, their golf clubs, whatever.
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Nerd Finance is ready to implement any consumer-grade technology within a framework that creates value for the user. We have vast experience with cutting-edge technologies and are equipped to cross and connect knowledge domains to acquire the most advantageous solutions possible. One of Nerd Finance's major value props is to provide an egalitarian space for innovation where anyone can feel safe to participate.

We aim to create an inclusive arena where ideas can be developed into projects that generate value for the community in general. Through these projects we aim to create a community of like-minded people working together to create value for current and future investors. Join The NerdQuarter Telegram channel to keep updated with the latest developments in crypto and the blockchain space. In it for the tech. Buy NERD. Learn more. Innovation Acquire solutions to your project's problems using innovative protocol design.

Incubation Develop your ideas and connect with experienced developer teams to fill your project's needs. Integration Launch your project within a developed ecosystem and community, leveraging an established infrastructure to make your project shine. About us. Read more. Using the tools of tomorrow Artificial Intelligence.

Data science and artificial intelligence are spearheading the expansion of what is possible to achieve with software in the real world. Nerd Finance firmly believes that these technologies will play a major role in our day-to-day lives. We endeavor to leverage these technologies in order to bring new-world solutions to old-world problems.

If you are unfamiliar with the concept, here's a good way to understand it:. This is linear growth -- it goes up the same every day. The penny doubled is compound interest, which grows exponentially. Any guess how much you'd have after 31 days?

Like I said, personal finance nerds get this. That's why they invest their money -- to grow it exponentially! High schools do practically nothing to prepare kids for a financially sound future Look -- high school is great for a lot of things. But when it comes to things that actually matter in life, like "how to build your credit," "when is the right time to buy a house," "should you get those store credit cards," and more -- schools fall short.

And I think the only ones who see this are personal finance nerds! Getting out of debt can actually be fun! I know -- if you are not a personal finance nerd, you might think this is crazy. Most of the world probably thinks the process of getting out of debt is a labor. But honestly -- getting out of debt can be fun!

For nerds like me it's a puzzle, a game. Each time I pay off a credit card, student loan, whatever, I'm seriously pumped! I like to sit down with a pencil and paper or spreadsheet and try to figure out how long until every debt I have including mortgages are paid off. It's exciting stuff! It was plastered all over the news, in every newspaper, in every magazine.

I'd rather spend my time reading some great personal finance articles to better my position in life. I know I'm a nerd. If this is you, and you are looking for some great personal finance blogs to follow, might I suggest:. These are all awesome sites, so I highly recommend you head over to each one and subscribe to their email lists! Not only do they all have excellent information, they also feature excellent writers who make reading financial posts fun!

Wealth building takes time and patience Do people get rich quick in life? But personal finance nerds know: there is no guaranteed way to get rich quick. It takes time, patience and sometimes a bit of luck. However, we also understand that building wealth is totally possible, and it doesn't take a genius to do so.

Simple actions can make dramatic differences over time. Frugality can be competitive In most of society, people brag about their cars, their houses, their golf clubs, whatever. Only personal finance nerds brag about how cheap they can be. It can be a major competition among personal finance nerds to show how good of a deal they just got on something. The concept of " travel hacking " also fits into this, as personal finance bloggers love to share how cheap they are able to travel using credit card reward points.

It's not about the money. It's about freedom. Finally, the number one thing that only personal finance nerds will understand is this: it's not about the money, it's about the freedom. Honestly, most of us don't do this because we want our bank account to have millions of dollars in it. For me, I couldn't care less about how much money I have in the bank. What I want is to be able to travel when I want, be with my future kids all the time, spend time with my wife away from work and work on stuff I actually enjoy working on.

Money can help with those goals, but the money is not the goal. All right, you've come to the end! Now it's your turn: chime in below, and let me know what you think. Do you have any other things you would like to add to the list? Or let me know which number rings most true for you! Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of Discounted offers are only available to new members.

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Millions of people turn to the Nerds to find the best credit cards, Compare and find the smartest financial products to unlock your dreams: Credit Cards. The financial nerd is someone who has used his or her intelligence to make smart decisions about money and become wealthy. Judgment free money talk Published Author x2 Award winning finance blog Host @learnfromuspodcast [email protected]