INVESTOPEDIA - A VERITABLE FINANCIAL WEBSITE

Not many people know about investopedia. Those who know about the website do not understand the huge and inestimable financial knowledge they could gain from the site.

Many have paid substantial amount of money to be trained to do business and yet didn't achieve their objective aim. Many others have attended business Schools but do not understand the basic rudiments of business. Investopedia provides the solution.

The world of online business remains very complex and an illusion to many people in developing countries. Investing and trading in crypto currency is a mirage to so many people in Africa including enlightened people in the society.

Investopedia provides simple,systematic approach to all issues relating to finance, business, investment and saving. The areas covered by investopedia are almost inexhaustible.

Who are Investopedia?
Investopedia is a unique online encyclopedia founded by Cory Wagner and Cory Janseen in Edmonton, Alberta in June, 1999. The company is now owned and managed by IAC/Dotdash Meredith , a company based in New York City, USA. The CEO is Neil Vogel. The Website provides link to all knowledge in many areas:

• Stock Market simulator
  This site helps you to understand everything about the Stock Market and provides virtual( demo) account for you to practise and become more perfect before you start to trade real account.
• Investopedia Academy
  This is a very powerful finance Institute that can help beginners learn the basic principles of investing and trading in all financial markets including commodities, Capital market, futures, forex and crypto. For any body that desires to start an online business, this Academy is very essential.
  Even in the area of understanding technical analysis of charts and technical indicators, you receive invaluable knowledge. You can also learn to understand the true value of stocks through the study of fundamental analysis.

Worthy of mention is the role of Excel in finance and personal finance management. There is a course in Excel that will take you through proper documentation and recording, an essential element in business.
Although most of these courses have prize tags, there are worth the money.

• Financial Terms Dictionary
  This innovative, automated, user friendly APP provided by investopedia provides ease of business experience particularly for beginners who want to understand basic terminologies and technical terms used in business.

This APP can help you understand some of the things that are thought in business Schools. Do you want to start your own business? Are you a novice in the business world? Does the business world look so complex? Install this APP from Investopedia and learn as much as you can.

• Investing Essentials
  You can learn a lot on investment:
  Different types of investment
  Investment Strategy
  Understanding the market
  Investing with confidence etc,
• Markets today
  Investopedia provides market news in all the markets including the stock market. It gives upto date fundamental analysis of all the markets across the globe. This will help any investor and guide them to take informed decision to trade or invest.
• Technical Analysis
  Technical Analysis is the analysis of charts to guide someone determine where and how to place a trade. Understanding trends, area of support and resistance, trigger area and entry point is very fundamental in forex and crypto trading.

Investopedia will help you understand how to go about it. One of the challenges that traders including professional traders have is when the market reaches support or resistance and you are expecting breakout; will the trend break up or down?

What if there is a fake out(false breakout)?
Investopedia took time to teach the willing and the patient trader how to understand the pattern via channel, triangle,flags, and head and shoulders pattern.

For example, investopedia gave the illustration of how the triangle maybe used.

Ascending Triangle
Is a bullish fomation which signals more buying of security above the resistance price. The upper trenline is horizontal while the lower trendline is rising diagonally. The buyers are in control above the resistance level which triggers more buying and the price is upper trendline.
Descending Triangle
Is an inverted version of the ascending triangle and considered beeakdown partten. As breakdown occurs when price collapses, through the lower horizontal trendline support as down trend resumes
Symmetrical Triangle
Is composed of a diagonally falling upper trendline and a diagonally lower trendline
As the price moves towards the apex, it will inevitably breach the upper trendline on rising prices or breach the lower trendline forming a breakdown and down trend with falling prices
A symmetrical triangle therefore signifies neither buy or sell position but wait. This is just an example of how investopedia can help any person to trade on Support and Resistance.

Conclusion
Online business has come to stay and will become the future of business. Crypto currency has gained much acceptability in business. The Russia - Ukrainian war has served as eye opener to the entire world.
Only those who have crypto currency in Ukraine have access to money. Online business is therefore, unavoidable.

The role Investopedia can play in online business is very huge. Make use of this platform and enrich your knowledge about any type of Online business.