London, United Kingdom, Oct. 04, 2020 (GLOBE NEWSWIRE) — Raven Connelly Chua, who is better known as the founder of Investing Champions, found himself in a financial limbo at a young age but somehow worked through it to achieve financial independence at the age of 25. His secret to success? Trading and investing in stocks and forex markets. His trading etiquette is ideal and simple. Raven never gives up hope and always remains a student of the game.
About Raven Connelly Chua:
Like most people, Raven had a conservative upbringing where it was not really easy for him to invest his time and effort in creative and unconventional aspects of life. Hailing from a conservative family background meant that while growing up, his parents expected him to either become a doctor or a lawyer.
However, Raven failed to feel a connection to either one of those prospects. He wanted to pursue something that enabled him to help the society without having to sacrifice his lifestyle to aid that.
As a child, Raven had always felt like he was an unwanted child. He suffered from severe self-esteem issues. But all thanks to his early mentor’s encouragement, it is that fire that encouraged him to study harder than ever, to have a chance of having a better future.
Raven managed to achieve good grades and went to Imperial College, one of the top universities in the world. But even after that Raven found himself working paycheque to paycheque. It was not the case that he did not work hard enough but because he had no time for anything other than work: no time for family, no quality time to build or nurture any relationships with people he truly cares about. Then the rug was pulled from underneath his feet when one of his family members passed away due to illness. That truly got to him and he became depressed as he never got to spend time with her. His life hit rock bottom.
Raven realized he needed to do something radical to be different.
Fast forward, Raven was introduced into the financial markets where he had accumulated his fortune from. He tracked down some of the world’s greatest traders and investors and persuaded them to mentor him one to one.
Pulling his wits together, he started to apply everything he had learned. A few years later, Raven became a multimillionaire.
Standing where he is now, Raven realized that it was all worth it. His motto in life is simple. Never give up. But Raven Connelly now has a mission in his life.
Raven remembers how the education system failed to accommodate him by failing to teach him what he wanted to learn. His goal is to usher in a change in the education industry. Raven is dedicated to demonstrating to people that life should not be restricted to working 9-5. Raven is devoted to assisting 17 people to make more money through the financial markets than their full-time job or business every year. Raven hand-picks and selects his clients himself
“If you are feeling you’re at a rock bottom, life seems stuck and getting nowhere. Keep going! Because the only way to go through hell is to keep going! I assure you there’s light at the end of the tunnel. Invest in yourself! Find people that inspire you and learn from them ” Raven Connelly shares with us some words of wisdom.
Raven Connelly Chua is on Facebook. You can follow him there to get to know him on a personal up-close level.
You can find out more about his venture Investing Champions on his website.
Media Contact Details: Company Name: Investing Champions Company Email: info@investingchampions.com
TORONTO – Canada’s main stock index was down more than 200 points in late-morning trading, weighed down by losses in the technology, base metal and energy sectors, while U.S. stock markets also fell.
The S&P/TSX composite index was down 239.24 points at 22,749.04.
In New York, the Dow Jones industrial average was down 312.36 points at 40,443.39. The S&P 500 index was down 80.94 points at 5,422.47, while the Nasdaq composite was down 380.17 points at 16,747.49.
The Canadian dollar traded for 73.80 cents US compared with 74.00 cents US on Thursday.
The October crude oil contract was down US$1.07 at US$68.08 per barrel and the October natural gas contract was up less than a penny at US$2.26 per mmBTU.
The December gold contract was down US$2.10 at US$2,541.00 an ounce and the December copper contract was down four cents at US$4.10 a pound.
This report by The Canadian Press was first published Sept. 6, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in technology, financial and energy stocks, while U.S. stock markets also pushed higher.
The S&P/TSX composite index was up 171.41 points at 23,298.39.
In New York, the Dow Jones industrial average was up 278.37 points at 41,369.79. The S&P 500 index was up 38.17 points at 5,630.35, while the Nasdaq composite was up 177.15 points at 17,733.18.
The Canadian dollar traded for 74.19 cents US compared with 74.23 cents US on Wednesday.
The October crude oil contract was up US$1.75 at US$76.27 per barrel and the October natural gas contract was up less than a penny at US$2.10 per mmBTU.
The December gold contract was up US$18.70 at US$2,556.50 an ounce and the December copper contract was down less than a penny at US$4.22 a pound.
This report by The Canadian Press was first published Aug. 29, 2024.
The crypto market has recently experienced a significant downturn, mirroring broader risk asset sell-offs. Over the past week, Bitcoin’s price dropped by 24%, reaching $53,000, while Ethereum plummeted nearly a third to $2,340. Major altcoins also suffered, with Cardano down 27.7%, Solana 36.2%, Dogecoin 34.6%, XRP 23.1%, Shiba Inu 30.1%, and BNB 25.7%.
The severe downturn in the crypto market appears to be part of a broader flight to safety, triggered by disappointing economic data. A worse-than-expected unemployment report on Friday marked the beginning of a technical recession, as defined by the Sahm Rule. This rule identifies a recession when the three-month average unemployment rate rises by at least half a percentage point from its lowest point in the past year.
Friday’s figures met this threshold, signaling an abrupt economic downshift. Consequently, investors sought safer assets, leading to declines in major stock indices: the S&P 500 dropped 2%, the Nasdaq 2.5%, and the Dow 1.5%. This trend continued into Monday with further sell-offs overseas.
The crypto market’s rapid decline raises questions about its role as either a speculative asset or a hedge against inflation and recession. Despite hopes that crypto could act as a risk hedge, the recent crash suggests it remains a speculative investment.
Since the downturn, the crypto market has seen its largest three-day sell-off in nearly a year, losing over $500 billion in market value. According to CoinGlass data, this bloodbath wiped out more than $1 billion in leveraged positions within the last 24 hours, including $365 million in Bitcoin and $348 million in Ether.
Khushboo Khullar of Lightning Ventures, speaking to Bloomberg, argued that the crypto sell-off is part of a broader liquidity panic as traders rush to cover margin calls. Khullar views this as a temporary sell-off, presenting a potential buying opportunity.
Josh Gilbert, an eToro market analyst, supports Khullar’s perspective, suggesting that the expected Federal Reserve rate cuts could benefit crypto assets. “Crypto assets have sold off, but many investors will see an opportunity. We see Federal Reserve rate cuts, which are now likely to come sharper than expected, as hugely positive for crypto assets,” Gilbert told Coindesk.
Despite the recent volatility, crypto continues to make strides toward mainstream acceptance. Notably, Morgan Stanley will allow its advisors to offer Bitcoin ETFs starting Wednesday. This follows more than half a year after the introduction of the first Bitcoin ETF. The investment bank will enable over 15,000 of its financial advisors to sell BlackRock’s IBIT and Fidelity’s FBTC. This move is seen as a significant step toward the “mainstreamization” of crypto, given the lengthy regulatory and company processes in major investment banks.
The recent crypto market downturn highlights its volatility and the broader economic concerns affecting all risk assets. While some analysts see the current situation as a temporary sell-off and a buying opportunity, others caution against the speculative nature of crypto. As the market evolves, its role as a mainstream alternative asset continues to grow, marked by increasing institutional acceptance and new investment opportunities.