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Traders should develop some traits which will help to gain success. They should not think, by investing money, they might do better. They have to do some paper works before starting trading. Being a trader, if you think, professionals have easily gained success. Because it’s not possible. They have struggled a lot to reach this condition. However, to become successful, it is important to work hard. You need to improve your skills and increase your knowledge. Otherwise, it would become tough for you to do better.

Now we’ll be going to demonstrate the five significant traits of professionals. So, read the article properly which might aid you to do better.


Not bothered about the losing streak

Every trader should accept the loss to achieve the goal. However, it is natural that in the trading field, traders have to face the losing and winning streak. So, they should become prepared. If they trade with confidence, they might not face any issues. On the other side, if they lose their confidence level, they might face trouble. However, being a trader, if you can embrace the losses, you may not face any troubles. Take the losing streak as a wake-up call. And then, take the actions which might aid you to do better.  And during the trading, use premium fx trading account from Rakuten to avoid unnecessary technical problems.


Take the action based on the journal

You should keep a journal to identify the errors. You need to think, without identifying the errors, it will be possible to get good outcomes. However, traders should know about their strengths and weakness which will help to reduce the weakness and sharpen their skills. You need to develop a good journal which will help to measure the performance. Without measuring the performance, you can’t take the action to make progress. They need to take the notes properly to get the right views of their trading actions.


Formulate better plan

If you can make a good strategy, you might carry out the trading process properly. You should follow the plan to do the task appropriately. You should give proper to achieve the goal. Bear in mind, without a plan, if you start trading, you may face troubles. Because, without using a plan, it’s not possible to find out the right ways of trading. So, you should formulate a better plan which might aid you to do better. And don’t take any steps which are not in the plan. Try to learn more about the bulls and bears in the market. It will help you to create a simple plan which will boost your confidence level to a great extent.


Take control over the feeling

Pro traders know how to control their emotions. On the other side, newbies take the decision based on their emotions. That’s why they face trouble. So, they should not make any decisions emotionally. Sometimes, traders try to control the situation of the market. And so, they face the worst situation. However, if they can generate positive vibes, they might do better. Because positive vibes will help to reduce the negativity. During the emotional turbulence, try to avoid trading.


Not being restless

Professionals keep the patience to grab the right opportunity. To find out the right entry and exit points, it is necessary to wait. But, sometimes, the traders lose their patience and fail to gain success. But, to become the master of trading, they should give time to improve themselves. On the other side, if they try to take quick moves, they may face trouble.

In Forex, traders should work hard to gain success. Otherwise, it would be difficult for them to sustain themselves in the market. However, many traders because of taking the wrong steps, fail to stay in the market. However, as a newcomer, if you face big difficulties, you should choose a mentor. Because the mentor can help you to solve your problems. That’s why try to choose the right mentor who might help you to get success.



How banks can increase customer acquisition and user engagement with sustainability




By Karolina Szweda, Head of Growth Marketing at Connect Earth

Young people are demanding more innovation from traditional financial institutions, and are primarily in favour of lower costs and more flexible digital customer experience promised by challenger banks and other FinTech providers. The future of banking is digital, and traditional financial institutions are well aware that they need to embrace innovation to remain competitive in the digitalised market.

In order to win over the younger generations, especially Millennials and Gen Z, banks need to invest in their digital transformation and deliver more customer-centric solutions. One of the affordable low-hanging fruits is sustainability.

As the public’s attention to the climate crisis grows, consumers and businesses are increasingly interested in reducing their negative impact on the planet. BCG reports that as much as 73% of consumers are altering spending habits because of climate change, and, according to PwC, 88% of consumers want brands to help them live more sustainably. As far as businesses are concerned, they are increasingly aware of the mandatory disclosure regulations set to take effect within the next years in major economies, and the need for carbon emissions reporting.

The problem is that the vast majority of consumers and businesses do not have access to actionable data on their carbon emissions. We believe that this is where banks can step in.

Increasing customer acquisition and retention

According to Deloitte, 71% of customers are more likely to choose a bank with a positive environmental impact. In addition, Global Risk Regulator reports that 93% of people expect sustainable financial services to become the norm, and according to Tink, 62% of consumers want their bank to show them an overview of their carbon footprint.

Banks are in a unique position to respond to this increasing demand by embedding climate data in their financial services offerings, which can help attract new customers and improve brand loyalty on a large scale.

With a carbon tracking API solution integrated into a digital banking app, financial institutions can be a catalyst for change and enable their customers to understand how they can reduce their emissions. By providing carbon emissions data for each financial transaction, banks can support and encourage their retail banking clients, corporate clients and/or retail investors to act more sustainably, while also increasing customer acquisition and digital engagement.

Most importantly, banks can also measure how their customers’ spending behaviours are changing as a result of being exposed to climate-related information, which they can use to segment and understand their customers better.

Increasing digital engagement

According to EY, 61% of consumers want to access more information that can help them make better sustainable choices. Banks are in a position to empower customers to do exactly that, whilst increasing user engagement with their digital banking apps.

Educating consumers on how to make more sustainable choices can be achieved through gamification, personalised recommendations and rewards to encourage behavioural change. The analysis of spending data along with tailored educational content can enable consumers to analyse, learn and improve their consumption habits and empower them to act on this knowledge.

Before accessing their carbon emissions insights, users can enter their custom information about their lifestyle habits, such as diet (meat-based vs. plant-based), daily means of transportation (car vs. bus) and more. Machine learning models improve as users input data over time, making carbon emissions estimates more granular. The model is trained to support thousands of different user types based on their profile and enables the bank to customise the experience and gamify the emissions reduction process for users.

How banks’ customers can benefit from accessing carbon emissions data

As far as climate action is concerned, having a real-life overview of one’s carbon footprint can be a true game changer for millions of consumers worldwide. Access to carbon data increases climate change awareness and empowers people to make a real difference.

Earlier this year, our team at Connect Earth confirmed the partnership with KBC Bank in Bulgaria to help them drive customer engagement and provide their retail banking clients with climate insights into their spending. We aimed to bolster KBC Bank’s corporate sustainability strategy, whilst meeting increasing demand from climate-conscious clients.

The financial sector has historically lacked the infrastructure to support sustainable finance in a tangible way. We are happy to report that the green transition has begun.

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Can I Sell My Structured Settlement Funds for Instant Cash?




Structured settlements are a great way to settle legal disputes without the fuss. Settlement loans and other settlement funding is growing popular these days. You should know that these settlements are carefully regulated by federal laws.

So, it’s important that you go about it the right way if you want to sell these funds. Some states that follow the Structured Settlement Protection Acts protect you from buyers. This is why it’s usually safe to sell your settlement loans in most cases.

Not everyone owning a structured settlement knows that they can sell it for instant cash. After all, it’s not as common a practice as you would expect it to be. If you wish to sell your settlement funds, we have some tips for you.

Let’s discuss how you can sell your structured settlement funds for instant cash in the right way.

Determine the Worth of Your Structured Settlement

If you’ve opted for a structured settlement over a period, you’ll receive your money in installments. In most cases, people opt for lump sums and receive a large amount at a specified date. But, you can also opt for a structured settlement instead to an interested buyer.

The buyer can give you a structured settlement advance before the sale is approved by a judge. The advantage of this advance is that you don’t have to pay it back if the court doesn’t approve the settlement. This is why more people are now opting to sell their structured settlements for cash.

Before you consider selling it, first determine the worth of your structured settlement. In most cases, the settlement is the present value of your contract. But, it’s not the amount you’ll be receiving for your payments. So, it’s important that you learn the difference between these amounts.

A factoring company calculates the value of your structured settlement the right way. They do this by considering the present value of the future settlement payments. Then, they subtract the growth potential the company will lose by not having access to the money.

This leads to the calculation of a discount rate for the payments. This rate accounts for the inherent risk associated with the money they’ll receive. Often, this discount rate falls between 9% and 18%. The factoring company also considers other factors when valuing your pre settlement advance.

These factors include the number and dates of the settlement payments to be made. They also include economic conditions and current market rates. A factoring company will also consider the fees associated with selling your settlement.

You can use online settlement calculators to determine the present value. But, these calculators don’t consider the specific terms of your contract.

The Process of Selling Your Structured Settlement

After determining the worth of your settlement, it’s time to think about selling it. But first, consider if your state laws permit the sale of structured settlements. If your state allows it, you can start looking for options to sell the settlement.

You’ll have many options to sell your settlement for the right price. Structured settlement payments are tax-free and income doesn’t affect your eligibility here.

Even so, it’s not advisable to sell your settlement for settlement cash advances unless you need to. But, if you need to, you would first need to reach out to a factoring company or settlement buyers. You can then agree on the terms and conditions of the sale.

You’ll have the option to sell the entire settlement or receive a small advance. You can opt for either depending on if you need instant cash payments. You can even choose to receive a few payments first then get back to your original payment schedule.

You can contact a buyer directly and agree on the terms of the structured settlement sale. Large buyers will consider your financial needs, etc. before paying you in cash. After liaising with the buyer, it’s time to approach the court for a settlement review.

A judge will decide if your settlement can be sold to a third-party buyer or not. You can only go ahead with the sale if the judge gives their explicit approval for the same. It can take anywhere between one and two months for you to receive this approval.

The Benefits of Selling Structured Settlements

Sometimes, it might seem like an inconvenience to receive structured settlement payouts. This is because approaching a buyer and getting court approval for the sale can take time. So, in a sense, selling these settlements won’t get you cash right away.

You’ll receive cash quicker by selling them rather than following the payment schedule. This cash can come handy in emergencies if you’re facing financial difficulties. Structured settlements are great for those that want the money for long-term investments.

This is why many people prefer them over lump sums for their settlement payments. But, it’s possible to have both structured settlement payments and instant cash. You can receive cash as an advanced settlement payment by selling it to a buyer. Then, you can go back to following your original payment schedule.

This would allow you to receive instant cash while also spreading out your payments. A factoring company can buy some of the structured settlement installments from you. This would allow you the access you need to instant funds.

Or, if you need the entire amount of the settlement, that’s possible as well. You can sell the settlement to a factoring company and they’ll pay you the entire value in cash. They would then receive the total amount of the settlement from the insurance firm.

So, you won’t be involved in the settlement once you sell the whole thing to your buyer.


These are some important things to remember before you sell your structured settlement. Sure, it’s useful to sell some or all the settlement amount for a cash sum. But, remember that it’s sometimes better to receive payments in installments.

This would allow you to be more careful with spending your money. It’s also useful for those wanting to make long-term investments. You should opt to sell your settlement only if you need the cash right away. Even then, remember that it could take you a month or two to get the cash in hand.

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