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WealthPress Review

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Trading options is a game of numbers. Get your numbers right and inflate your bank account. Get it wrong and you are out of the game. It’s a game of precision that requires an elaborate trading strategy. With sites such as WealthPress, you can now do your options trading with confidence. You don’t have to master everything to make consistent wins. With basic knowledge, you can now make consistent profits from options trading. On these lines, here is all you should know about WealthPress.

So, what’s WealthPress? How can it help you with your options trading? How does it work? Why should you choose WealthPress? If these are the questions you need answering, stick around. This comprehensive review is going to delve and help you understand all things WealthPress. For more information, visit https://financeandmarkets.com/wealthpress/

To The Basics

Developed by a trading options master Roger Scott, WealthPress is a precision trading system/program that features long stock and long call options. Thus, you have an opportunity to trade with either of the options. You can also choose to go with both options. It’s also important to note that all signals have a short term time horizon. On average, a trading position should be to help for about 2 weeks. However, some of them might be help for longer periods. It all dependent on the prevailing market action. Holding a trade for two weeks will necessitate revaluation and liquidation. In a nutshell, WealthPress is a product from an options trader master and it’s explicitly created for traders who want to make a real fortune.

Trading Mistakes You Should Avoid

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Making real money in stock trading depends on the strategies you use. It also depends on your persistence and discipline. However, mistakes can cost you dearly. That’s why you need to avoid the following common mistakes when going about your stock trading.

Using Strategies That Doesn’t Match With Your Outlook

Developing an outlook that reflects your explicit beliefs is an important component. You can either use the technical or fundamental analysis when developing an outlook. With technical analysis, you have an option that deals with interpreting market action (volume or price). This is presented in the form of a chart to identify support, resistance, as well as business trending areas. This outlook helps you to understand the actual outlook of the value of a given company. Thus, when choosing an option strategy, ensure that you can fit into your explicit needs.

Don’t Choose a Wrong Expiration

Time is an important aspect when it comes to stock trading. According to Roger Scott from WealthPress, getting it right with the expiry date can save you a lot and improve your chances of making profits. Remember, options trading is all about timing. The good thing is that you can develop an outlook with an explicit expiry date.

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Don’t Choose Wong Position Size

Fear and greed are two major causes o position-sizing errors. Greed will lead to poor decisions. For instance, being too greedy will push you into trading too large position sizes. So, even if you are staring at a loss and you need to act first to salvage something, stay away from greed. It won’t take you anywhere.

Also, don’t let fear influence your decision-making process. It will lead to poor decisions when it comes to position trading sizes. Also, don’t let fear lead you into trading too small. Doing so might deny you opportunities to make big returns.

Don’t Ignore Volatility

Implied volatility, which is actually a measure of the expected future market volatility, is key when it comes to determining the optimum premium price. Thus, you need to determine whether the premium is expensive or affordable. This will help you determine the option strategy to implement when doing your stock trading. WealthPress offers an innovative Option Statistics tool you can leverage on to determine the level of volatility of an option. The program is easy to use and has been developed by an experienced stock trader.

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Don’t Forget to Use Probability

Like gambling, stock trading is highly dependent on probability. So, if you don’t use probability when trading, you might end up making consistent losses. So, it’s important to consider the probability of the strategy you implement. It will help you determine where to trade. One of the benefits of probability is that it puts the future happenings into perspective. It also helps determine if the risk is worth taking. WealthPress uses innovative probability techniques to predict the direction of the stock. With WealthPress, you have a solution that can remove options directional bias from your trading.

Don’t Focus on Expiration Graph

A good trader must consistently check the risk that is associated with a trade. Also, it’s good to evaluate whether the risk is worth taking. So, don’t just solely focus on the positions expiry graph. It won’t reveal the level of risks involved. Instead, consider using profit and loss calculator tools. They will accurately predict the price movement—both current and future.

Don’t Forget To Have A Trading Plan

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Planning is a key component as far as stock trading is concerned. According to Roger Smith from WealthPress, a trading plan will help you organize your trading schedule and prioritize the best options. So, not having a plan is a deadly mistake. A trade should contain the following items:

  • The amount you can risk per trade
  • How to find opportunities on the stock market.
  •  The actual time you are willing to enter a trade
  • An elaborate exit strategy

The Bottom-Line

In the past, options trading was a preserve for the chosen few. Those who had trading knowledge would make real money from options trading. Thus, without trading skills, you couldn’t make it. However, with the introduction of trading programs like WealthPress, options traders can trade with confidence. There is no experience needed. No skills required. All you need is to learn how to use the WealthPress program. The above information contains all you need to know about WealthPress and the trading mistakes you should avoid.

 

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People & Lifestyle

Ghana Welcomes Starlink: Revolutionizing Connectivity

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The National Communications Authority (NCA) in Ghana has recently approved the satellite broadband application of Starlink, a service by Elon Musk’s SpaceX, making Ghana the eighth African country to welcome this revolutionary internet service.

This development is set to challenge existing internet providers in the region, offering multi-gigabit speeds and lower latency through satellite technology.

Users have expressed satisfaction with Starlink’s service, citing significant improvements in speed and reliability compared to traditional providers. The service is currently available in seven African countries: Mozambique, Eswatini, Zambia, Malawi, Kenya, Rwanda, and Nigeria.

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This expansion is expected to foster healthy competition and better offers, breaking the monopoly enjoyed by some internet providers. As Starlink continues to expand, it promises to revolutionize network access and connectivity in Africa, providing a much-needed boost to internet access across the continent.

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#AOTY2023: King Promise vs. Stonebwoy

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The debate over King Promise’s candidacy for Artist of the Year has sparked a lively discussion among social media users, with arguments both for and against his potential win.

Supporters highlight his sold-out shows in Asia and the impact of his music, while critics point to other artists like Stonebwoy and Black Sherif, questioning the fairness of the awards process.

The discussion showcases the diverse opinions and passion surrounding the music industry in Ghana and beyond, with users engaging in playful banter and humorous remarks while presenting their arguments.

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‘Dubai in Accra’ set to thrill Ghanaians on Sunday, April 28

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In the heart of Accra, excitement buzzes as the city eagerly anticipates the grand spectacle known as “Dubai in Accra,” set to take place this Sunday 28th April 2024 at the prestigious Stanbic Heights, Icon House Airport. (more…)

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Celebrating 25 Years: Otumfuo Osei Tutu II’s Reign

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Celebrating 25 Years: Otumfuo Osei Tutu II's Reign

Today marks the 25th anniversary of Otumfuo Osei Tutu II’s reign as the Asantehene, the King of the Ashanti Kingdom.

The celebrations, which began with spectacular fireworks witnessed by Otumfuo himself, will culminate in the Silver Jubilee anniversary on Akwasidaekese on June 12 at Dwabrem, Manhyia Palace.

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This milestone is a testament to Otumfuo’s impactful leadership, dedication to the Asante people, and contributions to education and research as the Chancellor of KNUST.

The event is being celebrated across Ghana, with well-wishes and congratulations pouring in from various quarters, highlighting the significance of this occasion for Asanteman and Ghana as a whole.

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Mr. Beast in Ghana: Surprising Visit Sparks Excitement

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World-renowned YouTuber Mr. Beast, known for his philanthropic acts, has been spotted in Ghana, specifically in Accra and Tema, sparking excitement among locals.

His visit has led to discussions about his choice of Ghana over other African countries, with some suggesting that the country’s popularity as a tourist destination played a role.

Mr. Beast’s presence in Ghana is part of his global outreach, as he recently gifted a Ghanaian $25,000 as part of his X (Twitter) giveaway.

Read Also: Producers of 'Beast of No Nation' return to filming in Ghana, causing upset in parliament

The YouTuber has been seen exploring the country and interacting with locals, with many expressing their desire to meet him and participate in his charitable endeavors.

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Stephen Appiah to contest John Dumelo and Lydia Alhassan in MP race for Ayawaso West Wuogon

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Stephen Appiah to contest John Dumelo and Lydia Alhassan

Former Black Stars captain Stephen Appiah is set to enter the political fray by rubbing shoulders with notable personalities in the upcoming general elections.

The former Juventus midfielder is believed to be lacing his boots to face the likes of John Dumelo and the incumbent member of Parliament for the Ayawaso West Wuogon Constituency Lydia Alhassan.

While Dumelo and Alhassan represents the NDC and NPP respectively, Appiah is expected feature in the elections as an independent candidate.

This was revealed by the Spokesperson of the Ayew family Fiifi Tackie via X on Friday afternoon.

“Stephen Appiah to contest Ayawaso West Wuogon constituency as an independent Parliamentary candidate,” he wrote.

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If Stephen Appiah affirms the reported news, he will be following in the footsteps of other renowned figures in Ghana football who have indulged in politics recently.

Earlier this year, all-time top scorer of the Black Stars Asamoah Gyan was appointed as the sub-committee chair of Youth and Sports in the campaign committee of Dr Bawumia, the flagbearer of the ruling New Patriotic Party.

In acceptance of the appointment, Gyan emphasised the need to share hos ideas garnered through experience in the game.

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‘I have enough experience to contribute to sports – Asamoah Gyan reacts to political appointment
“I always ask myself, how do we create change if we don’t want to change? How do we spectate without being on the bench, and how do we score without being on the field?… All I know and will ever know, all I love and will ever love is SPORTS.” he stated.

Another figure in Ghana football who recently announced his intention to engage in partisan politics is Kwesi Nyantakyi, former Ghana Football Association (GFA).

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The former football administrator showed up as one of the candidates to contest in the NPP primaries for the Ejisu constituency following the demise of incumbent John Kumah.

However, it didn’t pan out well for the former Wa All Stars owner as he lost disappointingly.

He garnered a paltry 35 votes after close to 1,081 delegates had cast their votes in the parliamentary primary of the New Patriotic Party (NPP) held in the Ejisu Constituency on April 13.

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