Baidu and Google Celebrate Duanwu Festival With Doodles

Call it Duanwu, Dragon Boat or Dumpling festival: Both search giants, Baidu and Google are celebrating the festival today with doodles on their front pages.

Taiwan, Hong Kong, and China are having public holidays today. Sadly, there is no day off here in Singapore. But as Chinese, we do still celebrate the festival with our families, mostly by just eating dumplings together.

The festival occurs on the fifth day of the fifth month of the lunar calendar on which the Chinese calendar is based.


Besides eating dumplings, the festival is also a day for dragon boat races. The video below, with more than 400,000 views, provides a good overview on the Chinese Dragon Boat Festival. If you’re interested to learn more, check out the Dragon Boat Festival page on Wikipedia.


Have a great Dumpling Day! 端午快乐!

Five advantages of trading forex market .

1. 24 Hour Market: Since the forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.

2. High Liquidity: Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.

3. Low Transaction Cost: In forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.

4. Leverage: Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader's account. If you were to trade at 50:1 leverage, you could trade $50 on the market for every $1 that was in your account. This means you could control a trade of $50,000 using only $1000 of capital.

5. Profit Potential from Rising and Falling Prices: The forex market has no restrictions for directional trading. This means, if you think a currency pair is going to increase in value; you can buy it, or go long. Similarly, if you think it could decrease in value you can sell it, or go short.