News on Youtube Aug 27 2018

Do you need to be rich to start Forex Trading?

Can you start Forex Trading with just $100?

Or even better, can you start Forex Trading with no money at all?

In this video we are going to answer to a very popular question: "how much money do

I need to start Forex Trading?", so let's see.

Hello everyone, this is Federico Sellitti, welcome back to my channel.

Today we're drinking water, very... very very healthy for our trading.

How much money do you need to start Forex Trading?

I get the reason why this question is so popular, because this is a starting point, so you want

to start at your best, you want to start knowing the exact amount that you should invest in

the Forex Market.

So, today in this video, I'm going to try to answer this question, but don't expect

me to say something "start with $200", "start with $500", "start with $2000"...

I'm just going to give you some guidelines and some suggestions.

So the tip number 1 that I want to say to you is "Treat Forex Trading like a business".

If you want to open a coffee shop, for example, you need to find a place, you need to buy

the equipment, you need to hire people to work in the coffee shop, you need to get a

license and so many other things.

I'm not an expert about this, but you get the point of it, I want to say that any business

is difficult.

No one is giving you free money, no one is giving you easy money and Forex Trading is

no different.

So, Forex Trading is not easy at all.

I understand that there are so many advertisements online, showing guys earning a thousand dollars

in just 10 minutes or something like this... it is very deceptive in my opinion and you

shouldn't believe in something like this.

I tell you that Forex Trading is not easy and you will not get a hundred or a thousand

dollars in 10 minutes, or something like this.

And the second tip that I want to give you is directly linked to the first one, because

we have said that Forex Trading is not easy at all, so you need to consider the possibility

that you will lose the money that you invest, so the advice number 2 is: "do not invest

money that you can't afford to lose".

Let's consider again the coffee shop business.

If you want to open a business like that, you wouldn't invest all of your money, taking

out a loan and start to have debts just going all-in with your coffee shop business.

And Forex Trading is the same, you don't really want to invest all of your money an, if you

run out of business, you will not have a business anymore, you will have debts and you will

have a kind of feeling that your life is just falling apart and this is the last thing that

I want, I don't really want you to start Forex Trading and start to get in trouble with your

life because you are losing money that you can't afford to lose, that is very important

for your life.

So, my second advice, and please keep this in mind, "do not invest money that you can't

afford to lose".

Now, I tell you this because I started Forex Trading in 2007, I was 17 at that time, and

I started with €500.

And I know that it doesn't sound like a very big amount, but for a 17 year old, €500

is a huge amount, especially for me, I don't come from a rich family, my mother is a housewife,

my father has a very normal job, an average-paid job, so €500 for me was a lot of money.

I saved money for so many months to start my career as a Forex Trader and I had this

kind of positive mindset.

I thought I could make a lot of money, I could double my account every three months, I could

go on holiday whenever I wanted, I could provide for my family, I could take my girlfriend

to fancy restaurants and so many other things, but reality turned out to be different and

I lost my money in 2 months.

Now, with this, I don't want to say that you are going to lose necessarily your money.

You can really turn your life around with Forex Trading, but you also need to consider

the opposite scenario, that you can lose your money.

So when you start trading, do not invest money that you can't afford to lose.

Start with an amount of money that is ok for you if you lose it.

Let's say $100, let's say $500, let's say $2000...

I don't really know each financial situation, so you know better than me, you know yourself,

you know what you can afford to lose.

Now, at this point, I know that you may have a question: "what if I want to be a full-time

trader and want to quit my job?

How much money do I need and how long does it take to build the necessary capital to

be a full-time Forex Trader?".

I'm preparing another video for this and I will put...

I don't remember the name of it...

I will put a card, yeah it is card!

I will put a card in this YouTube video.

At the moment, I'm not allowed, but as soon as possible, I will put a small card in the

video and, anyway, you will find the link in the description as well.

Treat Forex Trading like a business and do not invest money that you can't afford to

lose.

Please keep this in your mind.

Thanks for watching and, if you want more contents like this, make sure to subscribe

to my channel and I wish you a great career as a Forex Trader and I'll see you in the

next video.

For more infomation >> How Much Money Do I Need to Start Forex Trading? - Duration: 6:39.

-------------------------------------------

How Much Money Do You Need To Foreign exchange Trading | Tani Forex Tutorial in Urdu and Hindi - Duration: 4:21.

www.TaniForex.com

For more infomation >> How Much Money Do You Need To Foreign exchange Trading | Tani Forex Tutorial in Urdu and Hindi - Duration: 4:21.

-------------------------------------------

How much does an editor or proofreader cost? - Duration: 7:01.

So how much does it cost to hire an editor or proofreader? It probably won't

surprise you to find out that it depends. It's very unusual for an editor or

proofreader to be able to give you a price straight off the bat without

asking you a few more questions. In this video I'm going to go through these

questions to give you a better idea of what to expect when you're talking to an

editor or proofreader about cost.

The first question you'll need to discuss with your editor is what level of

editing you need. While developmental editing, copyediting and proofreading

are defined steps in the traditional publishing process, if you're a self-

publisher, or a company or organization that is producing content, you may need

help to decide exactly what intervention is required. This is particularly true if

you're producing work that has been written by lots of different people, for

example different departments contributing to an annual report, or

different staff members writing blog posts. Your editor will need to ensure

that there's a consistency of tone and style across all the documents and that

the style guide, if you have one, has been applied to them all.

The second thing your editor will want to know is how long your text is. Many

editors will use the word count as a starting point in their calculations,

while others will be basing it on the number of pages you have. It's very

important that you're both clear on what you mean by pages, as this can vary from

one editor to the next. For example, it's not unusual to have a page defined as

one that has been set up in 12-point Times New Roman, double-spaced with

one-inch margins all around, and that's what your editor will use when they

assess your writing. Alternatively, another standard that many editors use

is to say that a page equals 250 words. Whatever method is used, the important

thing is that both you and your editor are clear and understand

what is being talked about. Other editors may prefer to quote you a

project fee or a day rate. They may well use your word count or page number to

decide on that figure, but they will give you one number that covers a defined set

of parameters, for example, the maximum length of the text or the number of

editing rounds that are included in that figure.

The third thing your editor will want to know – what's your schedule? Do you have a

fixed deadline? Editors are generally busy people, and they can be booked up

months in advance with large projects. They may well be able to fit in short

projects at short notice, but you can't rely on this. If you're

writing a novel don't wait until you've typed 'The End' before starting to look

for an editor, and if you're preparing a company report don't wait until the week

beforehand to decide that you need an editor to whip it into shape. You'll

either end up having to pay a rush fee for somebody to get it ready for your

deadline, or you'll just take whoever is available, and they may not be the best

editor for your writing. Don't risk getting a substandard result. If you need

work to be completed urgently, or the editor will have to work outside of

their normal working hours or at weekends, be prepared to pay a premium of

anything between 20% and 200% on top of their standard rates. It pays to be

organized! This is where you should bear in mind the maxim 'Good, fast, cheap – pick

any two!' Remember it takes longer to proofread or edit than you think. It

didn't take you a couple of hours to write a 20,000-word white paper,

so it stands to reason that your editor is not going to be able to turn around a

quality job in the same length of time. The next thing an editor is going to ask

you is that they can see a sample of your work. They'll either ask for the

whole manuscript or a representative sample of it. They need this in order to

assess the level of intervention that is needed – whether it's a light proofread or

a more interventionist heavier copyedit. Without assessing this

accurately your editor won't be able to decide how long it's going to take them

to complete the work and, therefore, how much it's going to cost you. It's not

unusual for clients to initially ask for a proofread, but once the editor has

assessed their writing and discussed it with them they then decide it's better

for a more thorough copy edit. So what will an editor charge? Is there a

recommended rate for editing and proofreading? Well, unfortunately, there

isn't. Editors may charge as little as a couple of pounds per thousand words

right up to in excess of 100 pounds per thousand words. There is no standardized

charge. The Society for Editors and Proofreaders in the UK and the Editorial

Freelancers Association in the USA both published suggested minimum rates or the

results of surveys of their members to give you an indication of what you can

expect to be charged. Remember that these are only suggestions, and an experienced

professional may well charge more, particularly if their work is in a

specialised field where their subject knowledge or expertise is in demand.

Remember that, as with anything else, you get what you pay for. You don't just pay

someone for the time it takes them to do the job, you pay them for their expertise

and experience that they bring with them, and the value that they give to you. So,

the last thing you might want to know is when you'll be expected to pay your

editor. If you have a one-off job for them, such as the proofreading of a

thesis or dissertation, expect to pay in advance. This may be a deposit or the

full amount. For a very large job lasting over several months,

for example editing website copy through several iterations, your editor may wish

to invoice you on a monthly basis until the job is completed. If your job is

small, for example proofreading a blog post, it may attract a minimum fee. If you

know you're going to produce this work on a regular basis it may well be more

cost-effective for you to arrange to pay your editor a retainer on a weekly or

monthly basis to cover it. I hope this has given you a better idea

of how the costs of editing or proofreading are calculated. If you want

to read the blog that this video is based on, check out the link in the

description and look there also for where else you can contact or connect with me.

Don't forget to subscribe to this channel for more Worry-free Writing

chat. See you soon!