Friday, December 13, 2013

Top Tips for Successful Online Stock Trading

Stock market trading can be a minefield. It is a competitive and highly demanding practice, depending on your trade style. Here are a few top tips to help you make a success of online stock trading.
Make sure you choose the most suitable trading style

Trading style comes down to what personally works for you. Make sure that you weigh up a 'Day Trading" style against a "Short-Term Trading" style, to see what suits your lifestyle best. Day Trading means you will close out every trade at the end of each day, and Short-Term trading involves trading stocks over brief periods of time, such as a few weeks or several months.
Invest in good equipment
Never try to stock trade on a slow computer. Make sure your computer is capable of running the stock market software and consider purchasing a large screen monitor, in order to see your stocks clearly. A decent and reliable internet connection is of course a must.
Select the right broker
Selecting the right broker depends upon your trading style. Day Traders require access to high-speed direct access technology, whereas Short-Term traders have less urgent needs, so can use the services of a less sophisticated discount broker. Keep in mind that Day Trading broker fees are much higher than that of Short-Term brokers.
Seek out professional guidance
Successful trading involves knowing which stocks to trade to invest in and unless you are skilled with lots of spare time available, seeking the advice of a professional will help you work out which stocks to bid for. Sign up with a share trading website, such as a smsf strategies site, in order to gain the correct insights you need for your trades.
Practice low-risk, high-reward trades
There's a lot to be said for playing it safe, particularly when starting out. Making sure that you invest in only known reliable stocks will lesson your risks. Many reliable stocks are within precious metals, such as platinum, gold, and silver. The profit percentage may be small but the risk will be low, making it a less risk- fuelled investment. Risk management is essential for successful trading, so keep your potential losses low initially until you learn how to win consistently.
Know when to sell your stock
Sitting on your stocks in the hope that they will constantly climb could result in your stocks depleting or disappearing due to neglect. Make sure that you have a forward plan, and sell either when a healthy profit can be made, or to escape a major loss.
Know the possible pitfalls
familiarize yourself with the most common pitfalls. Typical known pitfalls include trading in things you don't understand, not having a well laid out plan, trading when tired or not quite mentally prepared, not tracking your performance, overtrading, or letting your emotions get in the way. Make sure you always trade with good strategies and a level head. If you do not, you may end up making some serious loss making moves, with potentially devastating results.

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Cash for Cars - Online Trading and More

Has your 90's car become merely a piece of junk now? Do you really want to replace it for a new one? You may have been planning to sell your car, but were unable to find ways to get rid of them for the right price. Well, Do you feel that it is too outmoded and has acquired zero value over the years? If so, you might want to think twice. For all you car owners who may find yourselves saddle with your old cars, there is a perfect solution at your disposal - Cash for cars.

Paying cash for cars is a part of the vehicle recycling process. It includes the dismantling of automobiles which are literally" in ruins" for retrieving the spare parts or scrap metal thus acquiring the street name of junk or scrap cars. Ever since, the switch over of the cash for cars has become an upshot trade in the automobile manufacturing business to promote efforts in environmental protection and communal dependability.
These days you can avail services from various providers who offer to pay cash for your obsolete vehicle. These types of services have been available in the market for quite some time now, but many people have very recently learned the utility of these services. Some of these dealers offer to provide cash in exchange of your salvaged, junked, used, damaged, wrecked cars. What's better than your very own online junkyard where you can do all the necessary dealings within the comfort of your own home.
Selling your old car is now simply a matter of making a phone call. These services no longer need advertising. You may be able to get rid of cars that have no titles as long as you have the legal documents and your name on paper. You can always discuss and get a little more than you bargained. Modern-day techniques for old car removal just requires for you to call the trader and inform them about your vehicle model, years of usage and kilometers, year of manufacturing and manufacturer. Further inquiry and assistance to find the best possible deal in the market is left up to the dealer.
You can easily acquire quick cash from these car dealers but be careful that you get the right price. You can browse through the various websites of dealers and also read client's testimonials before settling down for the best one. Selling your car can be much of a hassle. A good trader's work would be to eliminate that hassle. Competitive pricing, fast, reliable and friendly services are a few qualities you should bear in mind before making your final choice. Some of the services include free towing of your car.
Before selling your used car make sure that the traders you are dealing with are fully certified and have gone through all kinds of legal procedures. Never decide instantly. Take your time to observe around the marketplace. Try to get hold of free rates from miscellaneous companies and thoroughly examine their operation.

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FX Investing Made Simple - What Is "SCALPING" in Online Trading - Maverick Investing Series

What is "SCALPING" in online trading?

Scalping, when used in reference to trading in securities, commodities and foreign exchange, may refer a legitimate method of arbitrage of small price gaps created by the bid-ask (also called "Buy" and "Sell") spread.

In this instance the investor is engaging in arbitrage, the taking advantage of a price difference between two or more markets, meaning striking a combination of matching deals that capitalize upon the imbalance, the profit derived from the difference between the market prices.

We refer to scalping in online trading as legal. Though we aren't lawyers, and not giving legal advice, we are presenting the accepted meaning to this term among contemporary traders. We explain this because there are instances where scalping can be considered illegal, at least in the United States, Australia, and other countries. For instance, if a large investment group pooled their funds and permitted an administrator to invest a large lump sum for the purpose of market manipulation, this could be a problem for them. Not to suggest investor pools can't consolidate funds to make investment purchases, but one needs to be careful not to fall into a negative regulatory issue.

Basically, scalping is an attempt to act like traditional market makers. Generally, foreign exchange trading firms, and banks, are considered true market makers. The market maker buys a financial instrument and then sells it in quantity to its clients. The brokers are compensated by means of price differentials for the service of providing liquidity (and access to the market), reducing transaction costs and facilitating trades.

If you are trading through a broker, you'll see a "Buy" and "Sell (or "Bid and "Ask") price difference between the two. " There is a point "spread" between the buy and sell price. For example, in Forex a currency trading, to make the spread means to buy at the Bid price and sell at the ask price, in order to gain the bid/ask difference.

This procedure allows for profit to brokers even when the bid and ask don't move at all, as long as there are traders who are willing to take market prices. It normally involves establishing and liquidating a position quickly, usually within minutes or even seconds.

A currency pair may be $0.8055 buy price and $0.8052 sell price. The $.0003 difference is the brokers commission (based on the spread) for each unit bought buy the client. Generally in Forex (day trading currencies) there is no actual fee per trade like you typically see in stock trading.

The broker makes his commission on the spread. The same is true when you sell. The broker earns a commission on the sell price differential which is lower than the current buy. So if you invest $2,000 and say your commission is $40 (or 2 points) you will need to wait for your chosen investment to rise that amount to break even because of the spread.

The scalping process

scalper may make a trade, say in Forex, hold the "buy" for a minute or two, several hours on even days in order to show a profit. Generally, I hold purchases for minutes to hours and I'm satisfied with receiving quick reasonable profits, rather than waiting for high profits.

Today I started with $16.235.00 in a practice account. I use a practice account to try out new tactics in my investment strategy. Currently I have $21,687 in my account just over the last 3 hours of trading. I've made $5,452.00 in under three hours. My minimum daily goal is $1,000.00 minimum, but I've been averaging over $3,000 per day on an initial $10,000 investment.

Don't get discouraged

When I first started practice investing, I lost $6,000 in just a few days until I completely understood the process and developed my own strategy. Now I haven't lost much.

I was buying silver when the market actually crashed in late May, 2013. Really, just bad timing on my part because silver and gold were doing so well. I was so confident that silver would rise, I set my stop loss (the amount I was willing to lose for this specific investment) at 0 balance, so overnight I lost my complete investment since silver dropped in value so far down.

I'm glad was a practice account with virtual money and not the real thing. Now I would set a stop loss so I wouldn't lose more than 25% to 30% of the amount invested, preserving the bulk of my investment capital.

Don't get the wrong impression. This IS high risk investing, but my system AND my knowledge of the current market has postured me into a (generally) successful wining position. I'm doing this through scalping. If I was more conservative, I would likely doubled my profits today by setting a higher sell price. But the longer you hold an investment that is performing well now, the greater the risk it could go down as well as up in value.

But I move fast and I want to limit my risk, so I sell when I feel the time is right. This type of investment approach isn't for the faint hearted or ultra conservative. I'm considered a radical in my approach but I do considerably better than most investors in my marketplace with similar investment amounts.

In scalping, I don't rely on long term historical charts, or even care if most of the investors are buying or selling at the time. I don't use robots, or complicated formulas. My personal approach is to know my market AT THE TIME (over the last few days) and especially for the current day. Once I decide to invest in a Forex pair, I then watch the 1 minute and 5 minute charts. I do keep abreast of current world events that influence much of my strategy. There are many other factors in my decision process, but I'm in it for the short time fast profit.

I don't necessarily wait for the Fx pair to hit the bottom price before buying. There's no way to know this. But I do hedge when I make a buy and the investment keeps falling. I'll explain hedging in an upcoming article.

I endeavored to make this brief article simple. That's hard to do when explaining investment techniques. I do answer questions from readers to help clarify the subject or provide more detailed information when asked.

Set up your own practice account and start developing your own investment techniques. Then consider scalping if you are among the strong hearted, and willing to take calculated risks for fast profits.

Bob "MAVERICK" Stanford is the CEO of Stanford Investments and Financial Services. We are educational trainers and a primary resource center for beginning, intermediate, and advanced online traders. Get your questions answered, the best trading platforms, lowest price quality services, and the world's largest social trading platform enabling new Forex traders to watch experienced successful people in real time. Copy their trades without learning the entire complex market.

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BSE (Bombay Stock Exchange) - Online Trading System

Gone are the days when you needed a broker to help you buy and sell stocks, shares and make stock market investments. Through online investment you can buy and sell shares with just a few clicks of the mouse. The economic and capital market in India cannot exist without a stock exchange; there are two main stock exchanges where transactions take place; the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). While all the major transactions take place here, there are over 20 different stock exchanges located across the country.
Online trading in India has changed the meaning of trading in the country. With no requirement for a broker, trading has become easier, faster and far more convenient than earlier days. Some of the major financial products and services offered through online trading are mutual funds, equities, general insurance, life insurance, share trading, portfolio management, commodities trading and financial planning. In online trading, the investor has to pay less brokerage as compare to offline trading. There is no need for any paperwork through online investing and the need for a middle man is eliminated. All the stock accounts are stored in a Demat account where they can be viewed.
BSE online trading was established in 1995 and is the first exchange to be set up in Asia. It has the largest number of listed companies in the world and currently has 4937 companies listed on the Exchange with over 7,700 traded instruments.
The only thing that an investor requires for online trading through BSE is an online trading account. The trading can then be done within the trading hours from any location in the world. In fact, BSE has replaced the open cry system with automated trading. Open cry system is a common method of communication between the investors at a stock exchange where they shout and use hand gestures to communicate and transfer information about buy and sell orders. It usually takes place on the 'pit' area of the trading floor and involves a lot of face to face interaction. However, with the use of electronic trading systems trading is easier, faster and cheaper; and is less prone to manipulation by market makers and brokers/dealers.
The BSE provides an efficient and transparent market for trading in debt instruments, equity and derivatives. This is performed through a system known as BOLT - BSE's Online Trading System.
In the stock exchange, a key index is used to keep track of the important or the most traded stocks in the exchange. The indice used at the BSE while trading is the SENSEX and is displayed in all major portals, newspapers and magazines. It is India's first stock market index that enjoys an iconic stature and is tracked worldwide. It is conducted on a free-float methodology and is sensitive to market sentiments and realities.
There are also indices such as BSE small cap, BSE mid cap and BSE500 to take care of medium and small companies. Furthermore, India index services and Products Limited has indices such as CNX Nifty Junior, S&P CNX Nifty, CNX 100, S&P CNX 500 and CNX Mid cap. The BSE offers 22 indices to suit a multiplicity of needs, inclusive of 12 sectorial indices. For example, the BSE PSU Index tracks the performance of the listed PSY companies and also helps the Central Government to monitor its wealth on the bourses.
The BSE has become a completely 'corporatised and demutualized stock exchange' through the use of online exchanges. With partners such as Deutsche Borse (DB) and Singapore Stock Exchange (SGX) it has a global competitive force. BSE has strategic relationships in almost every part of the world- Europe (DB)), Hong Kong (ETF) and Asia (SGX), prominent public sector undertakings such as State Bank of India, Bank of India, Life Insurance Corporation of India and Central Bank of India.
Benefits of BSE trading system in India for share brokers or newbies
There are a number of attractive services to empower investors and facilitate smooth transactions. Some of these include:
1) Investor Services: A range of services are offered to investors. Being the first exchange in the country to provide an amount of INR 1 million towards the investor protection fund, the BSE had launched a nationwide investor awareness program; 'Safe Investing in the Stock Market' under which there were 264 programmes which were conducted in over 359 cities in India.
2) BSE has an Online trading BOLT system: the online-Trading system (BOLT) facilitates on-line screen based trading in securities. Currently it operates 25,000 Trader Workstations which are located across 359 cities in the country.
3) The BSE has the world's first centralized exchange-based Internet trading system - This system helps the investors anywhere in the world to trade on the BSE platform.
4) The BSE has an online Surveillance system (BOSS) which monitors on a REAL-TIME basis the price movements, the volume positions and members' positions as well as real time measurement of default risk, generation of cross market alerts and market reconstruction.
5) The BSE has a training institute - known as the Bombay Stock Exchange Training Institute (popularly known as the acronym BTI).The BTI imparts capital market training and certification; in collaboration with a number of reputed management institutes and universities. There are over 40 courses to choose from on different aspects of the capital market and the financial Bombay Stock Exchange market.

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Trading Strategies online fx

Trading Strategies online fx

There are many ways in which they can trade in foreign currencies. Some traders were involved in "trade on the same day", ie they are open and close positions on the same day, and some even opens centers for a few minutes only. There are other traders prefer to trade on the course of several days, while others conduct transactions over several weeks or even months. And by type of trade carried out by, you will build your own strategy by either technical or fundamental analysis or by both. Whatever strategy you choose, the Finotec put in front of you a variety of tools at your disposal: RSI, Bollinger, MACD, daily reports, and much more.

What are the advantages of trade in foreign currencies with Finotec?

What are the advantages of trade in foreign currencies with Finotec?

Once you start trading with Finotec, then will not want to trade in any other place. This is because we offer products and services live up to the highest levels of quality and in a safe and easy to use. Here are some of the reasons that confirm that trade in foreign currencies with Finotec is certainly smart choice:

* a pilot trading system
* Service is without commissions
* the possibility of using a small margin
* A comprehensive tools and means for trade in foreign currency
* Trade in foreign currency deposit small
* provision of educational services with respect to trade in foreign currency
* a secure environment
* the highest level of service

Important Guidelines for Fx Online Trading Beginners

 If you are a novice to fx trading, it is not difficult to find effective methods to understand the deals. Today, the Internet provides countless information that many beginners can use to improve their knowledge of this field.
By simply searching online, it will be easy to reveal hundreds if not thousands of websites that talk about FX or currency market or fx online trading. Although it will be hard for you to understand the exact flow, there are ways on how to deal with your worries effectively.
Before you decide to trade, you have to determine the exact data you need. It is best not to disregard this matter because you will not learn the exact flow of the system without proper information. Do you know the exact importance of getting precise information? Well, this simple means that with the right data you have in hand, you can easily determine on where to position your investment. You can trade having the best offers and will not lose money after closing the deal. Of course, you need to evaluate the information coming from other brokers and do not attempt to deal without thorough analysis.
If you think that, your knowledge is still not enough to enter the trading world. The next important thing to consider is getting the expert advice of a professional individual who understand the entire online fx trading system. Bear in mind that there are beginners who never achieve success during their initial attempts, but this is a normal situation to encounter and you need to be prepared.
Once you decide to buy and sell currencies, you need to determine your own currency before you start trading. Actually, web-based trading is not different from any other online ventures because you want to spend money and reap the benefits later on. Furthermore, when you reveal decent deals, you have to act quickly to get the best offers without wasting much time.
When you decide to sell and buy, you have to determine the best and practical trading analysis. If you are serious to learn fx trading online, you have to study the real picture of this particular venture and observe how the different trades move every hour each day. Once you determine the flow, it will also be easy to check if the brokers move positively and can set your point to start trading to gain profits afterward.
As a final point, if you can follow all the tips provided by this article, there is no reason why you will not succeed as a smart trader.

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