Day Trading – Is It A Good Idea Or Not?

July 30, 2011 by  
Filed under Finance

In these days of extreme financial austerity and vicious cut-backs, people are naturally looking for ways of supplementing their earnings. It is hard enough for those who relied on overtime that no longer exists, but it is even harder on those who have lost their jobs. There are two main avenues that people are trying to investigate.

These are: setting up an off line business within their own field of expertise and attempting to make money on line. Within the ‘making money on line’ route, there are three main possibilities that people are turning to: affiliate marketing; the stock exchange and Forex (foreign exchange markets).

In this article, I want to take a closer look at trading stocks and shares on line and in particular, day trading, which is the trading of stocks and shares within a twenty-four hour period or even within the same trading session. Some traders extend the period to mean a week, but to me ‘day trading’ represents a day.

Trading stocks and shares, let’s just cal it trading shares from now on, can be a lucrative method of earning money, but as everyone knows, there is not really any such thing as ‘easy money’. It is not the trading per se that is difficult – far from it, brokers have made it very simple for individuals to trade on line.

Input ‘trading shares’ into Google and you will get inundated with opportunities for trading on line at a few clicks of a mouse. There is little to choose between the brokers, so it is best if you can decide on one that operates in your country so that you understand the laws regulating it, unless you would like to trade in the shares of a country not normally covered by brokers in your country.

Once you have chosen your broker and put money into your account the excitement, and the risk, begins. The danger of losing your money, that is.

You see, when just rich individuals traded shares, they normally paid a stock broker to do it for them. There still are such institutions – many of them, going under different names, like mutual funds and investment trusts and there are also stock brokers who have a select clientele, but we are not talking about those.

The majority of day trading is done either by top professionals or by working class individuals. The professionals mostly work for huge businesses like pension funds and the like with masses of information, whereas the majority of individuals who engage in day trading do so at their computers at home

Under normal conditions, people or companies, buy shares because they think that they can see a long term up-turn in that company’s or that sectors future. This takes knowledge – not insider-knowledge, but a deep understanding of what is going on in that company or that market. This is subject to error, of course, but if you are in for the medium term, say a year or more, things could change in your favour, if you have the time span a little wrong.

If you are day trading, you do not have the luxury of time.

As a child, I once purchased 50 1946 English farthings, because a coin dealer told me that he would pay a pound each for them, if |only he could find some. I knew someone who had a hundred at forty pence. I day traded and earned some money.

The purpose of the story is, how do you get that knowledge? Well, it is not simple. It takes dedication. It takes research and it takes effort otherwise it is only gambling and most gamblers lose.

Day trading is the most difficult form of trading in shares and no serious trader would recommend it to anyone. However, it can realize instant profits and of course, it can tie your money up, if you have made a wrong decision and have to wait for the right time to sell.

Day trading is very risky and not for the faint of heart.

If you are interested in Day Trading, please go to our website Online Stock Investing for more information.


Easy Forex Trading Signals Intraday Forex Trader Report

July 30, 2011 by  
Filed under Investment

In forex trading, the dollar index dropped at the start of the session on weaker than envisioned prints on the ADP employment and ISM non-manufacturing reports. The index discovered support on the 72.72 level, prior to swiftly paring losses to finish marginally higher for the session.

The pullback had been supported by a late-day rally in stocks which closed well off the lows and also by forex traders who dumped dollar shorts well before tomorrow’s rate decisions and Friday’s employment statement. The dollar may well continue to be range bound amongst the 72.72 and 73.30 support/resistance levels.

A quick glimpse at the majors sees the yen besting the majors versus the dollar as broad based decreases in stocks and commodities motivated risk-off trades. Tomorrow’s event risk had traders unwilling to hold positions in the sterling, the euro, or even the neighboring swissie, all of which ended flat on the day.

EUR/USD forex trading signals strategies: Yet again, the EUR/USD has been the range trader’s enjoyment and 1.4750-1.4900 enclosed things yet again with support on the drop emerging through the Portugal bailout acceptance. It looks like continuing for the following 24 hours ahead of the rate announcement as traders proceed to take into account higher rates nevertheless patient traders seem satisfied to hold back and obtain better levels to buy.

GBP/USD forex strategy signals: As previously noted in yesterday’s report, the break of 1.6590 created a substantially bearish signal and on the release of worse than predicted UK PMI which poured cold water on likely rate rises tomorrow as well as traders aggressively dumping GBP versus both USD & EUR. There appears to be support around 1.6440 but sentiment has moved to sell the rally from this point.

USD/JPY forex strategies signal: USD/JPY persists to grind lower as traders remain satisfied selling on any rally. We start the Asia session mid-range and eventhough most investors are still calling it lower, many not currently short from higher up look like they’re waiting around for better levels to sell and anyplace back in direction of 81.75 seems to be their preference.

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Top Forex Trading System FX Signals Currency Market Review

July 30, 2011 by  
Filed under Investment

The Federal Reserve may maintain a very loose monetary policy over the next few months. Commodity and equity markets should subsequently still be able to locate reliable support after any more immediate dips of which will suppress USD support. The large dollar short covering witnessed over the past forty eight hours is certainly a alert of additional market worries later in 2011, yet markets should be able to gain back some equilibrium next week. Careful USD buying on pullbacks remains the best systems strategy provided the underlying risk/reward profile.

Nonetheless, currencies will likely be quiet early in the program as markets anticipate the all-important release of the US Employment statement. Anticipations call for the world’s leading economy to add 185,000 jobs in April – marking the smallest increase in three months – while the Joblessness Rate maintains constant at 8.8 %.

EUR/USD currency trading systems signal: The market had been planning on no change in rates however they had been expecting some solid language from the ECB locking in another rate hike next month and this was strongly declined. EUR and EUR crosses dropped incredibly hard and an almost four hundred point decline ensued. Support identified at the preceding highs of 1.4500/20 and traders are initially bullish as long as this level holds.

GBP/USD smart fx system signals: Although GBP/USD had been sold last night, extreme EUR/GBP selling on the ECB comments helped support the fall and GBP merely fell 100 pips. It needs to be mentioned that on the longer term time-frame, 1.6300-1.6400 was a very powerful level on resistance and at present might give support, although short term selling pressure remains for the time being.

USD/JPY top forex trading system signals: USD/JPY persisted to move lower as the downtrend marches on. Worse than believed US employment statistics alongside with aggressive EUR/JPY and GBP/JPY selling aided USD/JPY to the lows. With NFP, a worse than anticipated amount may possibly see sustained downward pressure and traders are pleased to keep on selling unless we break back up through 81.00.

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This Weeks Ichimoku Fx Trading Analysis

July 29, 2011 by  
Filed under Finance

On this video presentation, experienced trader and prestigious writer, Manesh Patel shows the foreign exchange market for the week forward making use of current market situations to demonstrate some of the basics of the Ichimoku Kinko Hyo support and resistance technique. Drawing upon the same tactics that are taught in his 5-Day Fx Lab, he employs informative and recent informative chart examples to discuss how an Ichimoku fx trader would enter and exit their trades.

Ichimoku Kinko Hyo is a technical based strategy that shows you in a powerful manner resistance and support lines in an easy to view form and is looked upon as an addition of the widely known candlestick charting system. Actually, this technique was developed with the idea that at “one glance” you will be in a position to easily detect whether an instrument is in equilibrium (consolidation) or out of equilibrium (trending).

Day Trading Forex with this style is an interesting approach to trade the market that it will open your thoughts and change how you approach currency trading along with other markets. This specialized educational video will explain the five important indicators of this trend based technique. No other indicators are needed with this strategy since this system is complete as is. The indicators are noted below:

Tenkan Sen (red), Kijun Sen (green), Chikou Span (light purple), Senkou A (dark blue), Senkou B (white)

By using those 5 indicators, a trader can observe what has occurred in the past, what is currently occurring, and what may occur in the future for the instrument that is being analyzed.

Your teacher, Manesh Patel, is a trader with the Affinity Trading Group, an expert in the Ichimoku Trading System and has published what is already being considered as a bestselling guide on this strategy, “Trading With Ichimoku Clouds.” Mr Patel graduated with a Masters Degree in Engineering. However, his love has always been in the markets. A interest, that became his new career in 1996 and he now trades for a living full time. He not only instructs the art of fx trading but also actively trades all asset classes except for bonds.

Affinity Trading Group is a firm providing both stock and forex trading courses for the active trader. Visit and see how their trader education can improve your performance.


Easy Forex Trading Signals Metatrader Broker Strategy Trading News

July 29, 2011 by  
Filed under Investment

The weaker than estimated manufacturing and construction information could support the insufficient confidence in the UK economic system, especially with worries that consumer spending will come under restored stress. There will probably be greater confidence that the Bank of England is not going to raise interest rates this month which will reinforce the insufficient yield support.

Sterling ought to still be able to escape from extreme selling by a lack of confidence in the USD and Euro. The net risks indicate further assessed losses for Sterling versus the greenback with selling rallies nevertheless the best fundamental strategy. Immediate selling pressure is likely to be observed above 1.6550, although losses ought to be measured. The Euro offers weak value over the 0.90 level in opposition to Sterling.

EUR/USD metatrader broker forex strategy: In a daily graph the EUR/USD pair can’t fixate higher than the 1.4900 level. Even so, after a small pause we ought to be expecting additional advancement. As mentioned earlier, crack of the resistance level 1.4800 targeted the pair to 1.5150, which is November 2009 high. Conversely, if the 1.4750 support level is shattered, we should anticipate a little correction.

USD/CHF mt4 broker forex strategies: In the course of yesterday’s trading the USD/CHF fx pair observed the target level 0.8570 and the inner wave framework of the fifth wave, in the fifth, grew to become quite complete. In that case, we’d count on a continual and strong correction from the reached low (0.8560). In the meantime, the franc upside dynamics doesn’t look fatigued, which will keep the targets near the 82 figure level.

USD/JPY metatrader 4 forex trading strategies: Today the USD/JPY remains in a downtrend scenario, the pair is now caught amongst the Support. 1 and the Support. 2 ( 80.52 – 80.36); nevertheless, amid those two lines there is a 72 hours low level at the 80.46. If this level can be broken and also the pair closes under that level, it will likely be heading down. On the other hand, remember to observe the 80.55 level. In the event that this level can be broken out and the pair closes higher than it, the down-side situation for the USD/JPY will probably be kept.

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The need for a accurate and reliable fx daily forex trading signals provider

July 29, 2011 by  
Filed under Investment

Foreign exchange is without a doubt forming up to become 1 of the most significant industries in the world and people are generally in the process of familiarizing themselves with the development of this industry. From cash conversion to spot trading, from futures dealing to onward dealing, from fx to gold, everything is available under Forex trading. What a person may need to become successful is a smart currency trading system. A professional daily forex trader commonly needs a live alerts firm which offers accurate positions to ease you in the already stressful and sophisticated trading arena.

If you are going to commit your cash then you’ll need to locate a reliable fx trading alerts supplier who will be competent enough to be profitable. Many people acquire losses and one of the causes is possessing an untrustworthy organization whom doesn’t supply you the best services.

These firms would merely lose a client but you will lose much more, your hard earned cash. Your loss will always be more than their own because they don’t have their cash on the line like you do thus pick your forex trading signals agency with the exact same determination you worked to raise your finances.

One thing you must bear in mind is that you will find many providers out there and thus it offers you the opportunity to find the best most trustworthy one that complements your needs rather than sticking with one who you aren’t more comfortable with.

Forex is not participating in the lottery; it’s a wholly developed marketplace in which a person experienced enough may make a good income. Never discontinue to learn trading or the market is certain to get the best of you. The more organized you happen to be, the greater the results are going to be and to obtain those results the first step would be to find a professional alerts company that matches your daily needs. Learn your market, learn your methods and turn into a passionate investor via skill and you will have enough to generate more money than you can imagine in fx trading.

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