Trading

Morning Star Pattern The morning star pattern is a candlestick pattern that signals the possibility of an upcoming uptrend. It is characterized by three candlestick patterns: First candlestick: A small green candlestick that opens slightly above the previous day’s close. Second candlestick: A larger white candlestick that closes above the first candlestick’s high. Third candlestick: […]

Retrocession Retrocession is the act of relinquishing a possession or right back to its original owner or previous holder. It is the reverse of accession, which is the act of acquiring a possession or right. Examples of retrocession: A landlord who receives notice from a tenant that they are moving out and returns the premises […]

A cover letter is a document that introduces you to a potential employer and provides a brief summary of your qualifications and interest in the position. It is typically one page long and is written to a specific job opening. Essential Elements of a Cover Letter: Heading: Includes your name, full address, and date. Salutation: […]

Systematic Risk Systematic risk, also known as market risk or undiversifiable risk, is the risk that affects the entire market or a particular sector and is beyond the control of individual investors. It is often associated with macroeconomic factors, global events, and changes in interest rates. Key Factors Affecting Systematic Risk: Interest Rates: Interest rate […]

The sinking fund method is a financial technique used to accumulate funds for a future expense or liability, such as the cost of equipment replacement or a debt payment. It involves setting aside a fixed sum of money at regular intervals to cover the future expense in advance. Key principles of the sinking fund method: […]