Entries tagged as stock market

Remember the times when you were told to master your three R's--Reading, wRiting and aRithmetic. Mastering them leads to literacy, the older folks would say.

The dictionary defines literacy as "the quality or state of being literate, especially the ability to read and write" or "a person's knowledge of a particular subject or field".

So if literacy means a person's knowledge of a particular subject, do trading beginner ever ask themselves how financially literate they are?    Continue reading ...

Telling it as it is!!!!!

Trading is not for everyone, you can lose lots of money trading and trading can make you lots of money, if you plan, study and work hard.

The appeal of day-trading and its overwhelming popularity of late stems from its easy accessibility, and promises of easy money.

Trading is a game of probabilities and at any given point in time a move may happen out of nowhere that was totally unforeseeable.

There are few jobs at which it is more difficult to make a living than trading!

Estimates are that 80% to 90% of all those who begin trading today will lose their trading capital within the next 12 months.    Continue reading ...

Day trading has been a lucrative industry in the last eight to ten years or so. This is especially true in the United States. Although the American economy has gone through up's and down's during that span, the U.S. dollar has been particularly resilient. This is the allure of the dollar to investors from all over the world. It is unquestionably the "safe haven" currency.

Economic realities are a function of the stock market. When the economy is sluggish, chances are companies also feel the strain. But the trend in the last ten years has been that even if the stocks suffer a slide, it usually comes back strong in a matter of a few weeks. To be able to trade successfully in the market, one needs a sharp nose for these kind of things. If you don't, then you should consider hiring a broker or even a coach or else you end up very dead in the water.    Continue reading ...

Trading in the stock market is appealing to many people. Oftentimes, their curiosity is aroused when they hear success stories from friends and/or relatives. These anecdotes create a sense that investing in stocks is simple and easy. In a way, that may be true but before one dives in, they should understand the amount of experience the person telling the stories has in stock trading.

Experience has taught these people what to do and what not to do. More than that, experience has taught them that diving right unprepared will only lead to failure. In order to avoid failure, one should set a goal first before taking that first step into the world of stocks trading. The equation isn't very difficult--experience plus realistic goals equals better chance of success.    Continue reading ...