In a move with repercussions for the global economy and especially for investors, whose ranks have been rising thanks to cheap online trading, China’s Reserve Bank pushed the Yuan lower by 3% on August 11th and continued till the 13th
Here’s everything you need to know on the subject:
The People’s Bank of China increased the supply of the currency. An increase in supply when demand remains constant leads to a fall in prices. Economics 101.
Snapdragon 800 processors are designed to deliver blazing fast apps and web browsing, visually stunning graphics, breakthrough multimedia capabilities, seamless communications virtually anytime and outstanding battery life. Expand the possibilities with the power of 2.2 GHz S800 processor and powerful Adreno 330 GPU. The Low Power DDR3 3 GB RAM is now more capable and powerful to process any large amount of data within a period of short time. Low power consumption technology allows the processing with minimum battery usage.
The Black Swan Theory was developed by former Wall Street trader turned financial writer, Nassim Nicholas Taleb, post the 2008 period of financial crunch. This theory basically illustrates the occurrence of events that deviates from what is usually expected out of a situation. In other words, it is about a situation that is extremely hard to predict. It is elucidated that the Black Swan events are almost impossible to predict but that does not imply that they don’t have any dreadful consequences. And thus, it is always advisable to have a plan for a particular situation keeping the possibility of a Black Swan event in mind.
As of 2012, there were 1 million daily active traders in India. We believe that lost in that number (which has since exponentially increased), are a huge number of fascinating stories that would make for very interesting reading. The Trader’s Diary is our attempt to capture the ups and downs, hopes and fears, and the goals and risks of these individual traders through informal conversations. Today, we talk to Amit.
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