Connect with us

LIFESTYLE & CULTURE

Classrooms Without Walls

No, there is no longer any need to be physically present at any place for things to actually happen – thanks to the advances in technology. Now check how this, too, is what’s happening in the educational system.

Published

on

Alvin C., a micro-entrepreneur based in Davao City, wanted to “get the qualifications afforded by prestigious (universities in Metro Manila) – even though I have a degree from (a similarly renowned) university in Davao City, the way people look at (those qualifications from Metro Manila) is still very high (even if many are without merit), so that getting one is a god way to make it,” he says.

The immediate problem for Alvin C. is access. “I have a business in Davao City, which, aside from keeping my family alive, will finance my getting (further) education.” Not to worry, though, as this was easily remedied by eLearning, that “opportunity to pursue (further) studies despite the absence of classroom/residential learning.”

And indeed, as more weight is given to additional industry recognized skills and certification in the corporate world, bachelor’s degrees earned fail, on their own, to sufficiently guarantee climbing the corporate ladder. Thus, more people are considering getting an edge by obtaining further education.

eLearning provides an alternative way of doing this by eliminating the actual physical contact between students and teachers in the delivery of education. The approach allows for students to pursue higher education without having to give up their work.

CHANGING THE FACE OF EDUCATION

“eLearning has really changed drastically how we ought to conceptualize the design and use of learning materials and the learning environment. (It) has revolutionized the delivery of educational services, whether in terms of formal, non-formal, or informal education. eLearning has strengthened quite substantially the notion that the learner must take responsibility for his/her own learning,” Dr. Felix Librero, chancellor of the University of the Philippines Open University (UPOU), earlier said to Enterprise Magazine.

Traditionally, eLearning involved all learning using various electronic means, including the use of radio and television. But recent developments have highlighted the use of computers and the Internet (officially referred to as digital learning), so much so that eLearning has come to be synonymous to learning using computers and the Internet.

READ:  Welcome to Surigao del Sur’s best kept secret

With eLearning, people can get education or formal training without having to be in a classroom, with most, if not all, lessons and interactions between students and their teachers done online.

In the case of the UPOU, the Integrated Virtual Learning Environment (IVLE), the same information technology used by the National University of Singapore, is used. To empower students in their own learning process, the system has numerous tools and resources, including lesson plan and calendaring systems so students can schedule their activities ahead of time, discussion forum and chatrooms to encourage participation, FAQ and quiz systems for gauging the level of understanding of students, and work bins for electronic submission of assignments. Operating via the widely used Microsoft Windows system, IVLE simplifies students’ access to education irrespective of where they may be at any given time.

With the removal of the need for actual physical encounters between the students and the teachers, thus limiting disruptions in students’ professional lives, saving finances has been cited as the most obvious benefit of eLearning. But Librero says that the advantages go beyond the obvious, also including the easier access via the Internet to learning materials stored in various databases worldwide. Better yet, accessing knowledge from various sources can be done by the learner him/herself, which “strengthens quite substantially the notion that the learner must take responsibility for his/her own learning.”

QUALITY MONITORING

As a new development in the educational system, however, eLearning has also been questioned for, among others, its impersonal approach that destroys the relationship between teachers and students, and the students among themselves, as well as the inappropriate use of computers and the Internet.

Supporting the concept that the key to promoting improved Web-based learning lies more on how effectively the medium is used, Librero is more concerned with the need for more sophisticated instructional design of computerization and the Internet. “Most of those claiming to have adopted eLearning as a tool in Philippine educational institutions today has no training in instructional design. They do things in a trial and error approach,” he says. “It is extremely ridiculous for educational institutions (that) cannot even offer conventional programs to think that they can offer quality degree programs in the distance mode.”

READ:  ViewSonic introduces VX57 series of gaming monitors

The Commission on Higher Education (CHED), through the Technical Committee of Reviewers for Open Learning and Distance Education (TCROLDE), formulates the policies governing all forms of distance education programs in the country.

Issued in 2000, CHED Memorandum Order No. 35, or the Updated Policies and Guidelines on Open Learning and Distance Education, identified the standards for the offering of distance education programs. More specifically, the memorandum requires institutions offering open learning and distance education (OLDE) to prepare developmental and appropriate instructional materials for every course, identify qualified subject matter specialists, course writers and production designers, and provide course content and mode/s of instruction.

The TCROLDE evaluates the qualifications of institutions based on a quality assurance framework anchored on the principles of learning centeredness, rigor and sound instructional design, public responsibility and accountability, and quality and continuous improvement.

CHED’s power, however, is limited only to monitoring and evaluating higher education institutions offering OLDE, and encouraging voluntary accreditation.

“What worries me in this aspect is that if CHED is unable to impose discipline in the design, preparation, delivery, and evaluation of quality formal courses and academic programs through electronic means, then we shall have chaos in the educational system,” Librero says.

GROWING TREND

For UPOU’s around 1,500 online students, “hands down, courses on management and business administration are the most popular and common,” Librero said. This popularity is because of the availability of software and content coming from known universities in more advanced countries in degrees in management and business administration.

For online education, “one could easily spend as much as US$30,000 (about P825,000) for a master’s degree,” Librero said. UPOU charges around P65,000 for a similar degree.

“Overall, I’d like to believe that eLearning has introduced a phenomenon in Philippine education that encourages teachers to be more creative in their design of learning experiences, and students in their desire to learn more meaningfully,” Librero says. “Digital learning, which makes extensive use of computerization and the Internet, will continue to become popular to both students and teachers. More and more teachers in various schools will gravitate towards more use of computers and the Internet in the delivery of specific course content even under the conventional mode of instructional delivery. Because of this trend, more courses and academic degree programs shall become available and accessible through the Internet, which shall make mix mode of instructional delivery much more popular and common to various educational institutions.”

READ:  The technical side of taking care of yourself isn’t as tough as you think

Alvin C. is expecting to finish the degree he is taking by eLearning in less than “a year and a half,” he says, “depending on how well I can balance my business with my schooling.” But even with this, “I am glad for eLearning. It allows for me to continue learning while running my business. Success times two, truly.”

Select Philippine HEIs offering eLearning:

University of the Philippines – Open University
Dr. Felix Librero, Chancellor
UPOU, Los Baños, Laguna
Tel: (049) 5366016 and 16
E-mail: UPOUC@laguna.net
The CHED Center of Excellence for OLDE pursues distance education through print-based, learning center enhanced courses, and courses offered online via a customized Integrated Virtual Learning Environment, adopted from the National University of Singapore.

De La Salle University
Bro. Rolando Dizon, President
Taft Ave., Manila City
Tel: 5214611-26
One of the private institutions in the Philippines exploring alternative and innovative modes in offering courses. DLSU implemented the Internet-Enhanced Master of Arts in Teaching Literature Program, funded by the CHED.

Ateneo de Manila University
Fr. Bienvenido F. Nebres, SJ, President
Loyola Heights, 1108 Q.C.
Tel: 4266001 local 4002
Having implemented the International eLearning for Professional Journalists, AdMU is one of the pioneers of online education in the country.

Polytechnic University of the Philippines
Dr. Ofelia A. Carague, President
Anonas St., Sta. Mesa, Manila
Tel: 7162644, 7161143

"If someone asked you about me, about what I do for a living, it's to 'weave words'," says Kiki Tan, who has been a writer "for as long as I care to remember." With this, this one writes about... anything and everything.

Continue Reading
Advertisement

Travel

Why a used car could be perfect for a backpacker in Australia

If you are giving the matter some serious thought, let’s look at why a used car makes for an ideal solution for a backpacker in Australia.

Published

on

While backpacking around Australia is one of the best ways to see the country, sometimes it can be a bit difficult to sort out transportation. Ridesharing is an option, but it is not always feasible. When you are roughing it and living out of your backpack, you may also not always have the budget for plane flights and more luxurious travel options. 

For these reasons, investing in a used car can make a lot of sense for a backpacker in Australia. If you are a little light on funds, or if you want to use your savings for other purposes during your travels, you can easily find low rates when it comes to financing a used car loan

If you are giving the matter some serious thought, let’s look at why a used car makes for an ideal solution for a backpacker in Australia.

Freedom Of Movement

One of the biggest advantages of having access to a used car as a backpacker in search of adventure is the ability to move freely at your own pace. Used cars will allow you to move around the country where you want and when you want. This makes it ideal for spending more time seeing the things that intrigue you the most and to bypass the areas that are less interesting to you.

Conversely, relying on public transportation or even plane flights places you at the mercy of the schedules set by the companies involved. You are also likely to be more confined to larger urban centres where this type of infrastructure exists. Used cars, on the other hand, will provide you with the ability to venture into areas that are less commonly explored in the country.

READ:  Brahma Kumaris Makati schedules Charles Hogg talk on June 4

Fits With A Backpacking Budget

The great reason why buying a used car is good for a backpacker is that the price is usually just right for such a travel budget. While a new model may be out of reach for a traveller with a shoestring budget, a used car can be a prudent investment. After ensuring that the used car you are thinking of buying is in good working order and not in need of major repairs, you can be confident that the investment will provide you with affordable transportation for at least the duration of your trip.

Store Your Belongings

While a car is not always the safest place to store valuable possessions, it does represent a reasonable option for keeping your things secure. It can get tiring to constantly have to watch your backpack. Lockers are usually available at hostels and major transportation hubs, but these places are a hassle to travel back and forth to constantly.

When you have a used car at your disposal, you will be able to keep your belongings locked in the vehicle or even hidden from view in the trunk. This provides you with a more flexible means of keeping your possessions close by but does not require you to continually check in on them.

Split The Cost

Travelling with a used car also allows you to fill up the remaining spaces with fellow travellers. Beyond the benefits of meeting new people and making friends along the way, this will also allow you to cut down on the cost of fuel for your trip. By ridesharing with friends or even with trustworthy strangers, your travel budget will be able to take you further down the road.

READ:  Longing in Lucena

Used Car, New Adventures

For the reasons outlined here, consider making the investment in a used car as a backpacker. While it might seem like a bit of an investment, you will be pleasantly surprised at the many benefits that it can bring to your travel experience.

Continue Reading

LIFESTYLE & CULTURE

The fears we can all face and how to overcome them

Figuring out what is causing you to feel fearful and then facing your fears is an excellent way to overcome them.

Published

on

Dealing with fear is something many people have to handle on a daily basis. Some people have such high intensity towards something they dear that it stops them doing it or causes them to feel anxious and stressed when faced with the situation. However, while it may not be something you completely get over, you can learn to deal with the fear itself. Or certainly get to a point where you are prepared to handle the situation.With that in mind, here are some of the common ways people can face their fears.

IMAGE SOURCE: PIXABAY.COM

Finding alternative ways to face the fear

Fear can manifest in many different ways, it may be that you develop anxiety because you have to go to the dentist. It could be that you that you fear career progression or you get anxious about anything to do with your finances. Figuring out what is causing you to feel fearful and then facing your fears is an excellent way to overcome them. You could also try alternative things to calm your nerves, such as twisted extracts, herbal remedies designed to calm you down or even therapy that can help you talk through the fears that you have and how best to combat them. 

Try and focus on other things instead of what you are afraid of

Let’s be honest, a real common fear for some people are bugs, insects, spiders and creepy crawlies. They aren’t exactly the most pleasant thing to be in the company of, and they can make your stress levels rise the moment you set eyes on them. Of course, you can try and rid your home of such things by using powerful bug sprays, repellents or gas bombs, there will always come a time where you will face it head on. Sometimes in situations like this, the best remedy is to focus on other things. Perhaps what you are doing at that moment, maybe focusing on how small they are, or just concentrating on your anxiety levels. Doing this can take the focus away from the fear and keep your mind occupied on something else. Focusing on other things can help in other scenarios such as your career, your home life and other factors that are causing you to feel fearful. 

READ:  ViewSonic introduces VX57 series of gaming monitors

Be positive about the situation

I understand that it is easier said than done to be positive about things, but often this form of mindset can help you in all sorts of circumstances and dealing with something you are fearful of is one of them. A common fear might be the fear of heights, so going up tall buildings or getting on a plane may feel like the biggest challenge in the world. Positive thinking, such as remembering the feeling of liberation and exhilaration when you have faced a fear, can be a good way to feel you up with the right sort of emotion to face the fear. 

Let’s hope some of these tips help you to face your fears in the future. 

Continue Reading

LIFESTYLE & CULTURE

It’s 2020, time to teach teens ‘safe’ sexting

This is not about encouraging sexting behaviors, any more than sex education is about encouraging teens to have sex. It simply recognizes the reality that young people are sexually curious, and some will experiment with various behaviors with or without informed guidance, and sexting is no exception.

Published

on

Photo by Cristofer Jeschke from Unsplash.com

Preaching sexual abstinence to youth was popular for a number of decades, but research repeatedly found that such educational messages fell short in their intended goals. Simply telling youth not to have sex failed to delay the initiation of sex, prevent pregnancies, or stop the spread of sexually-transmitted diseases. Since the advent of photo- and video-sharing via phones, children have received similar fear-based messages to discourage sexting – the sending or receiving of sexually explicit or sexually suggestive images (photos or video) usually via mobile devices. Unfortunately, messages of sexting abstinence don’t seem to be reducing the prevalence of adolescents sharing nudes.

Consequently, in a new paper published in the Journal of Adolescent Health, researchers from Florida Atlantic University and the University of Wisconsin-Eau Claire, say that it is time to teach youth “safe” sexting.

“The truth is that adolescents have always experimented with their sexuality, and some are now doing so via sexting,” said Sameer Hinduja, Ph.D., co-author and a professor in the School of Criminology and Criminal Justice within FAU’s College for Design and Social Inquiry, and co-director of the Cyberbullying Research Center. “We need to move beyond abstinence-only, fear-based sexting education or, worse yet, no education at all. Instead, we should give students the knowledge they need to make informed decisions when being intimate with others, something even they acknowledge is needed.”

Hinduja and co-author Justin Patchin, Ph.D., a professor of criminal justice at the University of Wisconsin-Eau Claire and co-director of the Cyberbullying Research Center, acknowledge that although participating in sexting is never 100 percent “safe” (just like engaging in sex), empowering youth with strategies to reduce possible resultant harm seems prudent.

READ:  Keeping your feet in tip-top shape while following through with get-fit resolutions

Hinduja and Patchin collected (unpublished) data in April 2019 from a national sample of nearly 5,000 youth between the ages of 12 and 17, and found that 14 percent had sent and 23 percent had received sexually explicit images. These figures represent an increase of 13 percent for sending and 22 percent for receiving from what they previously found in 2016.

The authors do want youth to understand that those who sext open themselves up to possible significant and long-term consequences, such as humiliation, extortion, victimization, school sanction, reputational damage, and even criminal charges. But they also want youth who are going to do it anyway to exercise wisdom and discretion to prevent avoidable fallout.

“This is not about encouraging sexting behaviors, any more than sex education is about encouraging teens to have sex,” said Hinduja. “It simply recognizes the reality that young people are sexually curious, and some will experiment with various behaviors with or without informed guidance, and sexting is no exception.”

Simply telling youth not to have sex failed to delay the initiation of sex, prevent pregnancies, or stop the spread of sexually-transmitted diseases.
Photo by Jack Sharp from Unsplash.com

Hinduja and Patchin provide suggested themes encapsulated in 10 specific, actionable messages that adults can share with adolescents in certain formal or informal contexts after weighing their developmental and sexual maturity.

  1. If someone sends you a sext, do not send it to — or show — anyone else. This could be considered nonconsensual sharing of pornography, and there are laws prohibiting it and which outline serious penalties (especially if the image portrays a minor).
  2. If you send someone a sext, make sure you know and fully trust them. “Catfishing”– where someone sets up a fictitious profile or pretends to be someone else to lure you into a fraudulent romantic relationship (and, often, to send sexts) — happens more often than you think. You can, of course, never really know if they will share it with others or post it online, but do not send photos or video to people you do not know well.
  3. Do not send images to someone who you are not certain would like to see it (make sure you receive textual consent that they are interested). Sending unsolicited explicit images to others could also lead to criminal charges.
  4. Consider boudoir pictures. Boudoir is a genre of photography that involves suggestion rather than explicitness. Instead of nudes, send photos that strategically cover the most private of private parts. They can still be intimate and flirty but lack the obvious nudity that could get you in trouble.
  5. Never include your face. Of course, this is so that images are not immediately identifiable as yours but also because certain social media sites have sophisticated facial recognition algorithms that automatically tag you in any pictures you would want to stay private.
  6. Make sure the images do not include tattoos, birthmarks, scars, or other features that could connect them to you. In addition, remove all jewelry before sharing. Also, consider your surroundings. Bedroom pictures could, for example, include wall art or furniture that others recognize.
  7. Turn your device’s location services off for all of your social media apps, make sure your photos are not automatically tagged with your location or username, and delete any meta-data digitally attached to the image.
  8. If you are being pressured or threatened to send nude photos, collect evidence when possible. Having digital evidence (such as screenshots of text messages) of any maliciousness or threats of sextortion will help law enforcement in their investigation and prosecution (if necessary) and social media sites in their flagging and deletion of accounts.
  9. Use apps that provide the capability for sent images to be automatically and securely deleted after a certain amount of time. You can never guarantee that a screenshot was not taken, nor that another device was not used to capture the image without you being notified, but using specialized apps can decrease the chance of distribution.
  10. Be sure to promptly delete any explicit photos or videos from your device. This applies to images you take of yourself and images received from someone else. Having images stored on your device increases the likelihood that someone — a parent, the police, a hacker — will find them. Possessing nude images of minors may have criminal implications. In 2015, for example, a North Carolina teen was charged with possessing child pornography, although the image on his phone was of himself.
READ:  Best way to create a product configurator for an e-commerce store

Continue Reading

Health & Wellness

Having less sex linked to earlier menopause

Women who reported engaging in sexual activity weekly were 28% less likely to have experienced menopause at any given age than women who engaged in sexual activity less than monthly.

Published

on

Photo by Joe deSousa from Unsplash.com

Women who engage in sexual activity weekly or monthly have a lower risk of entering menopause early relative to those who report having some form of sex less than monthly, according to a new UCL study.

The researchers observed that women, who reported engaging in sexual activity weekly, were 28% less likely to have experienced menopause at any given age than women who engaged in sexual activity less than monthly. Sexual activity includes sexual intercourse, oral sex, sexual touching and caressing or self-stimulation.

The research, published in Royal Society Open Science, is based on data from the USA’s Study of Women’s Health Across the Nation (SWAN). It’s the largest, most diverse and most representative longitudinal cohort study available to research aspects of the menopause transition.

First author on the study, PhD candidate Megan Arnot (UCL Anthropology), said: “The findings of our study suggest that if a woman is not having sex, and there is no chance of pregnancy, then the body ‘chooses’ not to invest in ovulation, as it would be pointless. There may be a biological energetic trade-off between investing energy into ovulation and investing elsewhere, such as keeping active by looking after grandchildren.

“The idea that women cease fertility in order to invest more time in their family is known as the Grandmother Hypothesis, which predicts that the menopause originally evolved in humans to reduce reproductive conflict between different generations of females, and allow women to increase their inclusive fitness through investing in their grandchildren.”

READ:  ViewSonic introduces VX57 series of gaming monitors

During ovulation, the woman’s immune function is impaired, making the body more susceptible to disease. Given a pregnancy is unlikely due to a lack of sexual activity, then it would not be beneficial to allocate energy to a costly process, especially if there is the option to invest resources into existing kin.

The research is based on data collected from 2,936 women, recruited as the baseline cohort for the SWAN study in 1996/1997.

The mean age at first interview was 45 years old. Non-Hispanic Caucasian women were most represented in the sample (48%), and the majority of women were educated to above a high school level. On average they had two children, were mostly married or in a relationship (78%), and living with their partner (68%).

The women were asked to respond to several questions, including whether they had engaged in sex with their partner in the past six months, the frequency of sex including whether they engaged in sexual intercourse, oral sex, sexual touching or caressing in the last six months and whether they had engaged in self-stimulation in the past six months. The most frequent pattern of sexual activity was weekly (64%).

None of the women had yet entered menopause, but 46% were in early peri-menopause (starting to experience menopause symptoms, such as changes in period cycle and hot flashes) and 54% were pre-menopausal (having regular cycles and showing no symptoms of peri-menopause or menopause).

Interviews were carried out over a ten-year follow-up period, during which 1,324 (45%) of the 2,936 women experienced a natural menopause at an average age of 52.

READ:  Ron Capinding’s Shakespeare rap musical heads to Star Theater, Pasay

By modelling the relationship between sexual frequency and the age of natural menopause, women of any age who had sex weekly had a hazard ratio of 0.72, whereas women of any age who had sex monthly had a hazard ratio of 0.81.

This provided a likelihood whereby women of any age who had sex weekly were 28% less likely to experience the menopause compared to those who had sex less than monthly. Likewise, those who had sex monthly were 19% less likely to experience menopause at any given age compared to those who had sex less than monthly.

The researchers controlled for characteristics including oestrogen level, education, BMI, race, smoking habits, age at first occurrence of menstruation, age at first interview and overall health.

The study also tested whether living with a male partner affected menopause as a proxy to test whether exposure to male pheromones delayed menopause. The researchers found no correlation, regardless of whether the male was present in the household or not. Last author, Professor Ruth Mace (UCL Anthropology), added: “The menopause is, of course, an inevitability for women, and there is no behavioural intervention that will prevent reproductive cessation. Nonetheless, these results are an initial indication that menopause timing may be adaptive in response to the likelihood of becoming pregnant.”

Continue Reading

LIFESTYLE & CULTURE

Factors to consider in hiring a personal injury lawyer

If you don’t trust a lawyer from the get-go, then it’s most likely that they are not the right people to represent your case. With your gut feeling and the above tips, finding the best personal injury will be a walk in the park.

Published

on

Hiring a personal injury lawyer is one of the most important decisions you can make after being involved in an automobile accident, workplace-related injury, a slip-and-fall, or an animal bite. When choosing a lawyer, you want to make sure that they’ll have your best interests at heart and that they’ll work diligently while using a proactive approach to investigate all the facts in your case. With so many law firms tightly concentrated within major cities, it can be an uphill task to find the right lawyer to work with. 

To help you out and make the process less daunting for you, below are factors you need to consider in hiring a personal injury lawyer.

Reputation

It’s very important that when looking for a personal injury lawyer, you consider getting a lawyer with a solid reputation. If it’s your first time hiring a personal injury lawyer, consider asking for referrals from past clients and looking at some reviews on their website as well as from other online sources and asking around from friends or family members. You want to work with a lawyer who garners respect from their peers, judges, insurance companies, and clients alike. One thing to note is that the quality of services offered by a lawyer will be determined by how exceptional they are in their line of work. Personal injury lawyers who have a good reputation will have distinct characteristics such as competence, commitment to quality, accountability, and loyalty, to mention but a few.

READ:  ViewSonic introduces VX57 series of gaming monitors

Experience

An experienced personal injury lawyer will be able to analyze your case and provide you with reliable insights and counsel that will be beneficial in your case. Before hiring a personal injury lawyer, it’s imperative to ensure that they have enough experience in handling your case. Personal injury cases are complex and in addition to this, they are very demanding. For this reason and more, it’s also important to ask all the right questions when determining your prospective lawyer’s experience. Ask them whether they’ve taken on similar cases in the past and how successful they were. Additionally, you also want to take their focus on practice into account since personal injury law is broad with various subcategories. For instance, medical malpractice laws are different from those that involve animal bites and work-related injuries. Your personal injury lawyer should, therefore, have a lot of experience specializing in the particular area of personal injury law your case falls under. Additionally, it’s also important that the lawyer in question has trial experiences. You don’t want your lawyer to use your case to refine their skills. They need to know what they are doing and have the acumen it takes to find you the best settlement.

Cost

Before hiring a personal injury lawyer, it’s important to consider how much they charge for their services. Some personal injury lawyers charge a specific fee to their clients depending on the services rendered. On the other hand, you have a personal injury lawyer who works on a contingency basis, which means that you’ll only pay them if they win your case. These lawyers come highly recommended because they are highly motivated and you can expect them to work on your case in the best possible way.

READ:  Keeping your feet in tip-top shape while following through with get-fit resolutions

Personality

Before you select a particular injury lawyer, it’s important to ensure that the two of you get along. Their overall personality should be likable and they also need to be people you can get comfortable with. Consider hiring a lawyer who’ll be willing to take your calls whenever you need them; one who will not blow you off whenever you need help. Avoid lawyers who are out looking for a quick fix in your case so that they can move to the next client. Lawyers with the best attributes have good communication skills and will deliver the best services.

Credentials

The best personal injury lawyers will be willing to show you their certifications and other credentials. Actually, these are among the first things you will see hanging on their walls. A fancy office and sleek suits are not enough to represent your case in a court of law. A personal injury lawyer needs to have the lawyer qualifications it takes to represent your case. This includes holding a practice license in addition to pre-law and law school certifications. They should have passed the bar exam to continue to hold their practice license.

Finally, it’s important that you also trust your gut feeling. While it’s a good idea to ask around and talk to referees, you should always trust your gut feeling when making the final decision. If you don’t trust a lawyer from the get-go, then it’s most likely that they are not the right people to represent your case. With your gut feeling and the above tips, finding the best personal injury will be a walk in the park.

READ:  Welcome to Surigao del Sur’s best kept secret

Continue Reading

LIFESTYLE & CULTURE

How does foreign exchange market work?

If you haven’t heard of Forex trading before, you might be wondering how the foreign exchange market works.

Published

on

The foreign exchange market or Forex trading operates through online brokerages. These brokerages, trade international currencies and operate comparably to stock market exchanges. The foreign exchange market offers a large amount of liquidity compared to the stock market and this attracts some investors to this form of trading.

If you haven’t heard of Forex trading before, you might be wondering how the foreign exchange market works.

The Basics – Baby Steps

Foreign exchange markets are essentially markets that operate the same way that stock market exchanges do, but they are traded in international foreign currencies. Geopolitical circumstances can make currency values fluctuate, so you’ll want to pay attention to the news and global ongoings. The online currency is generally traded on online platforms or through online brokerages which may charge commission rates/fixed fees. Foreign currency exchanges may carry a higher amount of risk than national stock trading, but this volatility may be something to be taken advantage of.

With a Forex broker, you’re able to set up automatic transactions or have them alert you when currencies hit a certain value. Foreign currency exchange can be confusing, so set up with a platform that offers a demo account that will allow you to trade “dummy” money to get a feel for the markets.

Getting Started On A Platform

Many platforms will only require you to invest an initial amount of 100$ or less in order to start trading. As mentioned previously, you will likely want to find a platform that offers a demo option so you can learn the ropes without losing any money. You can track how other traders are trading via a platform, and investigate the historical value of different currencies. The professionals from forextrading-online.com mention that you should also seek a Forex broker who is searching for clientele who also meet your demographic. Investing a large sum of money into a trading exchange you’re just getting into maybe too risky if you don’t want to lose your investment.

If you haven’t heard of Forex trading before, you might be wondering how the foreign exchange market works.

Never Stop Learning

READ:  SP/ Silicon Power launches special edition flash drives

Research an excessive amount about what currencies you should be investing in prior to involving yourself in trade. Always keep up with the news regarding the currencies that you’re trading in, and attempt to develop a personal strategy. Pay attention to previous changes in the currency market and its history to see if you think any event will have a major impact on value.

The great thing about the foreign exchange market is that you’re able to buy and sell quickly due to the large volume found on the market. Once you develop a consistent and profitable flow, there’s no real reason to divert from these strategies. Gauge your win and loss percentage and ensure you’re staying above a profitable amount. If not, reassess and review where you should make your next move. You do not necessarily need to generate a profit every trade that you may, but you want your overall rates of trades to represent “wins”.

What You Need To Know

You’ll also want to look into your local regulation regarding profits made from the foreign exchange market. Just like the stock market exchange, there are taxes associated with Forex trading. Speak to a taxation lawyer if you’re worried about what taxes you’ll be expected to pay.

Also, don’t just settle on any Forex trading platform, do some shopping around. Find a platform with commission rates you find tolerable, and initial fees that won’t put too much of a dent into your finances. If you’re using this on a regular basis, you won’t want to feel like it’s a headache when you’re trading currencies. You might want to keep in mind some trading platforms may charge you an inactivity fee with use, so cancel any accounts with platforms you don’t think you’ll continue to use in the future.

READ:  The technical side of taking care of yourself isn’t as tough as you think

As you can see, there’s a lot of information to take in when it comes to the foreign exchange market. You won’t learn everything all at once, but if you keep researching you’ll get a handle of the ins and outs of Forex trading. Remember the initial costs of utilizing a Forex trading platform through a broker and ensure you review your investment goals prior to placing money into your online account. Trialing demo trading on platforms is really going to help you get a grasp on how to adjust to Forex trading. Make sure you’re constantly researching and learning in order to develop a better understanding at all times and be aware of taxation laws within your region. After some time and strategy enhancement, you’ll develop a better understanding of how foreign exchange markets operate.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Facebook

Most Popular