“To Err is Human”, but in trading it often happens that traders will knowingly make decisions that create losing trades. Now we’re not talking about losses that come about because of testing out a trading plan or a specific indicator. Nor are we looking at simple errors committed purely by accident. If our goal is to profit, then why would we do these things that are clearly against what we know to be right? This phenomenon has many very undesirable consequences that are expe…
What Do You Need From Your Stockbroker? Important Considerations.
Theres no one size fits all in the world of stock-broking. An old lady with a $200,000 inheritance to spend and no knowledge of investments will have a very different need from her broker than a swing trader who skips in and out of trades several times a week.
The US Stock Market
When buyers and sellers meet to exchange shares of a company, then they do it at the stock exchange. Stock exchanges are virtual or physical market places which offer standardized procedures for stock trading. This is of benefit for both parties, buyers and sellers, because only an efficient and liquid stock market is a secure place to trade shares.
Should You Choose An Online Broker Or An Offline One?
We live in a new digital era and an increasing proportion of the worlds stock trading is being done online. Sophisticated technology means that someone in London can buy a NYSE stock within a minute with a few simple clicks of the mouse.
One Good Way To Avoid Bad Days In Online Forex Currency Trading
In online Forex currency trading, even just one bad day can make the difference between a profitable month and a losing month.
Forex Currency Trading Online: 5 Steps To Avoid The Common Tragedy
Just like you, every single person that enters Forex currency trading online does so with the sincere intention of making money. Every one, including you. There isn’t a single one that intends to lose money, yet the statistic of 90% losing their money is very real.
Choosing An Online Stockbroker – Different Types Of Broker Services
The world has changed incredibly over the past couple of decades and there is no greater indication of that than in the world of stock trading and investing.
So You’d Like To DayTrade(Or Not)
During the heady .com days prior to 2001, (when Bush became president,) there were stocks, 3 or 4 times a week that went up from 30 to 200% a day.
It was possible, if you knew what you were doing, to check before the market opened to see which stocks were running in real time and why.
And, if you then had a fast electronic brokerage system you could dive into the market, buy a bunch and sell them the same day.
About 1% of people doing this consistently made money.
I saw one private individual make a million in one day shorting Corel. And then there was somebody who lost a bunch hanging on too long to the WWWF IPO.
Stock Breakouts And Resistance
Breakouts through resistance are the most desirable of all trade opportunities. (This discussion will be the buy opportunity discussion of breakouts. (An equal sell opportunity exists on breakdowns through support). A breakout is a penetration of resistance based on a pricing established over time with price reversals taken place at approximately the same price point in previous time periods.
Sounds easy. Well it sure sounded easy when that guy in the $1000 seminar told me…
The Interesting History Of The Stock Market
Talking about the Stock Market we seem to mean a different dimension, not a physical location.
However, the Stock Market does have physical locations.
Wall Street, also known as the Dow, or the NYSE, is located in New York
Wall Street is the Address(or is it?)
Many people think of Wall Street and the Stock Market as one in the same, and indeed, it used to be that way.
Which Would You Rather Do: Forex Or Daytrading?
Online trading is great way for serious investors to make money, but inexperienced traders often wind up with big losses. A good set of instructions can minimize the risks and save months of expensive trial-and-error learning.
Day Trading
Day Trading had its heyday during the bull market of the 1990’s. All the amateurs have since dropped out, but day trading is still being practiced by professionals. There are fewer opportunities in the current market, but skilled investors can still find them if they know what to look for.
15 Great Day Trading Tips
Reports of people making huge gains in stock markets have been carried in newspapers around the world. This has attracted many first time investors to the stock market. Day trading is one of the systems gaining in popularity with investors. But day trading is fraught with risks. Though you can make huge gains in day trading, you are also likely to lose huge money. However, if you want to do day trading here are some tips to succeed:
Who is day trader?
A person who activ…