Category: Market Mastery

What to Look for In Your Stock Market Trading Platform

The online stock trading is on a boost these days and the scenario is going to create a big adventure in the coming future. That is why most of the investors and small as well as big business owners these days are searching for the best deals to spend on shares. In this digital world, it is probably the best way to multiply your profits but to do this you need to choose trustworthy and reliable trading platform. Yeah! That is a most difficult task because if you choose the wrong one, you may get exposed to risk in coming future.stock-market

Okay! Don’t worry! When you have already decided to invest in stock trading then we can help you to select the best platform to get started. Below are few tips to search the best stock trading platform out of a big list available online.

Check Fee:

This is the most important thing that you need to check before joining any share or stock trading platform. Brokers usually prefer to charge a different amount for transactions but it must be a genuine range that cannot harm your profits.

What are the trading options?

Every trading platform use to follow different trading options; few of these allow trading on local companies whereas others may also provide access to international market. In few cases, you may also have easy access to currencies, indices, forex, and CFDs. So, you need to choose a platform of your interest with proper research.

Interactive:

A good stock trading software platform provides fast responses to market shifts so that investors can take benefits from these ups and downs. When your trading platform is fast enough then you can make precise and fast deals to achieve higher profits and it can definitely create huge differences in your finances.

Easy access to market data:

stock analysis

The trading decisions always depend on market fluctuations so your platform must be capable enough to reflect all the details. It should include well-researched information and analysis offered by experts so that you can have accurate insights towards best trading decisions. The stock charts must be well maintained and easy to understand for casual as well as professional users.

Customer Support System:

Well, no matter whether you are a beginner or an experienced trader, it is always essential to have fast customer support service with your trading platform. Always prefer to choose a platform that ensures 24×7 hours connectivity with its support team so that you can have immediate access to those professionals whenever any trouble occurs with your order entry. The fact is that just a small mistake or bug on the network can lead to big losses in seconds so active customer support system is really important.

All these features will help you to find a best stock trading platform for you. First of all, you need to consider your trading needs depending upon whether you are an expert, active or casual trader then you have to check all above features to choose the most suitable level 2 trading platform to meet your requirement. Soon you will be able to make best financial investments.

The Best Stock Trading Tips for Beginners

The exchange is unpredictable. Nobody can reliably predict share prices. There are far too many variables. In order to achieve high profits with stock trading, however, stock entry beginners should take the following 10 tips into the consideration. They significantly reduce the risk of loss and start safely into the first shares.

1. Before you buy the shares, get knowledge of the company:

stock-trading-tipsBefore you buy shares of a company, you will be well informed about the company, the competitors, and the entire industry. Read company portraits and reports, key figures, analyses and assessments of analysts, charts, as well as up-to-date news. Compare. When you buy a car, you finally want the best for your money. Take this principle when buying shares. Before you start trading, you should also consider which stock investor type you belong to. Please also remember that you do not have to enter the active trade immediately.

Create a sample account and first observe how your favorite shares are developing. Use the information obtained and tests your knowledge first in the sample store. If you have made the right decisions based on your information, you will enter the active trading of equities.

2. Invest only freely available money:

Do you have money left and do not know where to go with it? Then invest this money into stocks. You must have the starting capital for stock trading. You do not need the money now or in 3 or 5 years for anything else. Do not invest in stocks with money from a loan. It is indifferent to you that you lose the money. Only then will you become a good stock investor.

3. Think and act long term:

Do not put yourself under pressure. The shares do not run away from you. If you do not already have the necessary start-up capital or basic knowledge or share information, no course is favorable for you. Always remember long-term trading and act accordingly. Long term means several years to decades.

4. Limit your orders:

Protect yourself from bad surprises and limit your order. Set a maximum price or a minimum price at which you buy or sell the stock. Especially in the case of regional stock exchanges with low stock market volumes or shares of smaller companies or foreign stocks, rapid price fluctuations quickly occur.

5. Buying stocks: Reduce the fees.

Please pay attention to your intended return. If you open a deposit account with a direct bank, you save the costs for the deposit account. Other transaction costs are also lower. Especially for you as a share applicant, small deposit fees are very important. Otherwise, the bank fee may sometimes directly recoup your first profits. Remember, you only invest freely available money. Just when you can only use a few thousand dollars is worth the exact look at the sellers.

stock-chart

6. Set clear yield targets and track them:

When you create a sponge book, you know beforehand how much per cent interest you get per year on the sparing amount. They know and expect this return. Make it similar to stock trading. What is the yield you want to realize during which period?

8. Stay focused:

If you have compiled your account, then maintain and do it on a regular basis. Get involved with the trends, analyses and other relevant news. Invest time and money into your stock trading daily or weekly. For example, you can adjust stop-loss brands continuously and protect yourself against bad surprises in time. Also, stay focused on all key metrics in your stock analysis.

9. Do not buy falling stocks:

Stocks whose price is falling sharply, you do not buy at this time. Watch this stock and wait until the trend reverses. In the assessment of a trend, you can help. Only when a clearly recognizable upward trend begins, you buy the stock. Otherwise, you may experience great losses.

10. Be careful with consultations:

Beginners are often insecure and are gladly advised by bank employees which securities you should buy. On the other hand, there is absolutely no objection. In such consultations, please note that bank advisors often have specific requirements and meet quotas. Therefore, it may be that the advice is more to serve the interest of the employee than to you. Ask why you are recommended this share to you. Also, ask for the investment strategy that serves as the basis for the recommendation. Not always fits this strategy to your own.

Caution also applies to “Hot Tips” from neighbors, friends, and colleagues. Check the recommended stock of “Exchange Experts” yourself. Why should you buy this stock now? And why should not? Get suggestions from consultants, you decide only after your own review of the stock. After all, it’s your money.

Learning About the Different Types of Stock Market Charts

There аrе lоtѕ оf tооlѕ trаdеrѕ аnd investors uѕе tо assist thеm ѕuссееd within thе market. Bеing ѕuссеѕѕful hеrе can trulу bring уоu a lоt of саѕh but only if уоu lеаrn and understand the mаrkеtрlасе bеhаviоr and make thе bеѕt conclusions from thе соѕt movements оf vаriоuѕ commodities аnd invеѕtmеntѕ. So, tо bе аblе to bе successful in trаding аnd invеѕtmеnt, trаdеrѕ uѕе vаriоuѕ types of ѕtосk charts tо hеlр them.

Stock market chart

Trading involves the process оf analyzing the share cost mоvеmеnt in thе past аnd рrеѕеnt to bе аblе to рrеdiсt itѕ mоvеmеnt within thе future. This hеlрѕ trаdеrѕ аnd invеѕtоrѕ buy оr ѕеll ѕhаrеѕ fоr making рrоfit. Trаdеrѕ analyze thе mаrkеtрlасе with the assist оf vаriоuѕ tуреѕ of ѕtосk сhаrtѕ or tесhniсаl аnаlуѕiѕ.

Tесhniсаl аnаlуѕiѕ along with the uѕе оf charts iѕ a fаntаѕtiс wау to gеt hints аbоut hоw thе mаrkеt will fluctuate within thе futurе. And in thе event уоu uѕе thiѕ type of аnаlуѕiѕ ѕkillfullу it will rеаllу give уоu an еdgе оvеr оthеr investors. You will find several tуреѕ оf stock charts уоu are аblе tо uѕе аnd the grеаt fасtоr iѕ that thеу аrе available online and mоѕt brоkеr wеbѕitеѕ оffеr them fоr totally free.

Line Chart

Sо, the initiаl аnd simplest type of thеm аll iѕ rеаllу a line сhаrt. It iѕ ѕimрlе bесаuѕе it оnlу ѕhоwѕ uѕ lines connecting diffеrеnt ѕhаrе рriсеѕ аѕ thеу riѕе аnd fаll. With thеѕе ѕimрlе displays уоu will effortlessly ѕее the рrеѕеnt ѕituаtiоn оn thе mаrkеt. Thiѕ iѕ fаntаѕtiс tо uѕе at thе beginning of уоur trading саrееr.

line-chartBar Chart

Bаr Chart: A much mоrе dеtаilеd display. Thiѕ hеlрѕ the trader рrеdiсt the рriсе fluсtuаtiоn fоr thе еntirе buѕinеѕѕ dау. This ѕhоwѕ the реrfоrmаnсе for the particular period which соuld be a dау оr a mоnth. It аll dереndѕ оn thе purpose оf the uѕаgе оf it. Thе bars on hеrе ѕhоw thе highѕ аnd lоwѕ of a раrtiсulаr соmmоditу оr investment аnd thе соlоr оf thе bаr hеlрѕ tо dеfinе whеthеr thе cost are fаlling or riѕing.

Candlestick Chart

Thе Candlestick сhаrt аlѕо givеѕ uѕ dаtа about thе prices highѕ аnd lоwѕ. This type оf сhаrt also ѕhоwѕ uѕ thе correlation bеtwееn thе ореning аnd closing рriсеѕ fоr thе ѕеlесtеd реriоd. Thiѕ саn make it еаѕiеr tо ѕроt thе trеnd weakness оr ѕtrеngth when uѕing thiѕ сhаrt setting.

Thiѕ mеthоd оf аnаlуzing thе mаrkеt rеvоlvеѕ аrоund utilizing several types of ѕtосk charts and еvаluаting thе соѕt mоvеmеnt. Itѕ bаѕiс соnсерt iѕ thаt the соѕt аffесtѕ everything in the mаrkеtрlасе. Sо, it means that cost iѕ аll you need tо fосuѕ оn tо ѕuссееd in trаding. Utilizing оthеr indiсаtоrѕ will аlѕо аѕѕiѕt уоu succeed.

All You Need to Know About Pre-Market Stock Trading

What is pre-market stock trading?

As a norm, the regular stock trading market hours are usually between 9:30 am through to 4 pm. The opening and closing of this official trading period is usually signaled by the sounding of a bell which in most instances is done by the CEO of a newly listed company or any other person of note. During this official period, individuals can be able to trade in all companies listed within the exchange and also place any type of order.

Pre-Market-Stock-Trading

However, trading can still take place outside the official hours and as a norm transactions carried out during this period are usually subject to a number of set rules. The extended trading sessions usually offer the best trading opportunities since price-sensitive news is most often released prior to the start of the trading session giving individuals an edge when it comes to the actual trading: this is where pre-market stock trading comes in.

The pre-market stock trading hours usually start at 7am and run to the official start time for stock trading. The trading that occurs during these hours usually set the tone for the day’s trading. However, the time frame is subject to some rules. For instance NASDAQ allows pre-market stock trading orders to be placed at 7am but execution of the orders can only take place at 8am.

For individuals who intend to embark on pre-market stock trading, the following is an overview of some of the trends that are characteristic of this type of stock trading.

Low volume trading

This is perhaps one of the most notable characteristic associated with this type of stock trading. The low volume trading is usually brought about by a number of factors. For starters, most individuals in the investment community are usually not active during this period and as a result this brings about low volume trading.

Trading-Workstation

However, the most pre-dominant reason as to the low volume trading is the cap or limit placed on the size of orders placed. This is done by the regulating authority to prevent volatility in the market prior to the official trading time. For instance, a company might release great news that is bound to increase the value of its shares. An individual on hearing this might attempt to purchase a huge amount of shares so as to benefit from the impending share price hike. This will ultimately result in the share price shooting up remarkably before the official stock trading hours. To avoid this, the regulating authority usually places a cap on the number of shares that can be bought or sold during this period.

stock-charts

Volatility During Pre-Market

This is another common characteristic associated with this type of trading. The market at this time tends to be quite volatile due to the availability of information. Simply put, a listed company can release results before or after the official trading hours. Share prices usually react violently to this news as investors try to establish a new price

Risky Stock Trading

This kind of trading can be quite risky since relevant information is quite limited during this period of trading. Volatility during this trade period also contributes a lot to this. A good case in point is a situation where the share price might be skewed extremely high in the pre-market but return to `normal’ during the official trading hours.

In conclusion, the pre-market trading gives individual’s opportunities that are not available during regular trading hours. However it comes with a warning, you can make a sizeable profit based on your informed decisions but if things go wrong, there is the chance of making a loss.