definition of business

How to use the 5/20 Trading Strategy in Hong Kong?

The Hong Kong Stock Exchange first instituted the 5/20 trading strategy to promote long term investing/trading. The purpose of the rule is to prevent short term traders from having an undue influence on prices and liquidity in the secondary market.

What is the 5/20 strategy?

The 5/20 trading strategy requires brokerage firms to disclose the names of their top five shareholders who own over 20% of shares and those with around 5% ownership. Should they trade within six months after issuance, or if there is any other material change that may affect price stability. Brokerage firms should also report within three days details of every order placed by these shareholders for stocks below $5 billion (HKD).

Using the 5/20 trading strategy in Hong Kong

Traders can use the 5/20 Trading Strategy in several ways, like buying and selling stocks, indices, currencies, and commodities. Traders can also use it to trade in both directions: buying when the price falls below the 20-day moving average and selling when the price rises above the 20-day moving average.

If your broker is operating under the 5/20 rule, and you wish to trade below HKD 5 billion stocks, there are a few things you …

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Business Definition And Meaning

The effectivity of a businessman depends on the revenue which he is able to make during the business operation. He renders singular service to the continuity by satisfying the wants of the people. He expected a reward for such a service rendered and if he gets the double and redoubles his efforts and plans his future in such manner in order to render absolute best service to the community. Thus, business is sum complete of all gainful human activities, which aim to create, change and possess wealth in the type of bodily output and useful services. In the phrases of Lewis H. Haney, “Business may be outlined as human exercise directed in direction of producing or acquiring wealth by way of buying and promoting goods”.

definition of business

Transfer of InterestPossible with some rules.Not possible.Not possible. Ethical Code of ConductNo code of conduct is prescribed.Professional code of conduct is to be comprehended.There is a contract as an alternative of a code of conduct. This relatively new capability inside LinkedIn enables you to observe website visitors, using the LinkedIn Insight Tag, and then market to them while they’re on the platform. It goes without saying that these individuals usually have a tendency to be …

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Fundamental Forex Skills a Trader Must Have

Finding a smart money-making method is what today’s smart trading generation craves. Most people prefer a job that can yield enough money and simultaneously create scope for them to be independent. In other words, modern people want to have more control over their jobs.

Trading is regarded as one of the smartest professions that offer more independence than any other online job. Such a feature has made the marketplace popular around the world. The exchange market industry is now crowded with millions of people, and the number is ever rising.

Though the Forex trading market doesn’t require a massive amount of money to let people opt-in, it certainly demands them to have some unique trading skill sets. Without possessing or developing these traits, no one can survive.

This article has uncovered a few such Forex skills that are mandatory to be able trade effectively.

Proper Routine and Hard work

Discipline is the core structure on which a trader builds other valuable traits. A well-disciplined trader builds a daily plan and follows it strictly. He marks down predictions and signals for any given day, plans for effective execution, and summarizes all the details of his daily trading experience at the …

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3 Ways to Prepare for Next Year’s Tax Season Now

If you thought tax season was rough on you as an individual, wait until you run your own business and have to pay the IRS. Tax time is rarely a pleasant experience for anyone, but with the right attitude and help from tax preparation West Palm Beach specialists, you don’t have to dread April 15th next year. There are several things you can do now to help you get ready for the all-important IRS filing deadline.

Stay Organized

There are many small business operations that rely on the owner to keep everything going, including the finances and records of transactions. If you are that owner, you could be drowning in paperwork and accounts long before it’s time to make your first payment to the IRS. Software systems can help you manage all these details, but you need to establish an accounting and filing system for the hard copies of all important documents. If you don’t have the time to do this job yourself, it is definitely worth bringing in someone to handle financials.

Teach the Importance of Details

When you are ready to file your taxes, you want to be able to get every deduction or credit you can. …

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