Posts posted by Hannah Fischer
Day trader refers to a person who deals in securities, and trades them in order to turn a quick profit.
In order to become a day trader it is necessary to invest a certain amount of time and money. A good trader also conducts a thorough research of markets and securities.
In the end it is necessary to utilize all of these resources and knowledge and come up with a trading plan and strategy. It also involves keeping mind on finances, looking to invest smart, and to search for safe revenue in the beginning and then expand slowly.
Hello, thanks for asking the question.
When it comes to investing in stocks most important things to look out for are: trend line, lines of support and resistance, knowing when the dividends and stock splits occur and to understand the historical trading volumes.
Trend line is an indicator of value of the chart, in itself it contains the historical trajectory of a stock's value and it can be used as a handy tool for predicting the potential value of a stock.
Lines of support and resistance are there to instruct the buyer about the downside and upside cap value of the stock, in other words, they represent the limits beyond which stock shouldn’t rise above or fall beyond.
Dividends and stock splits, in the first case it means that company has decided to pay out a chunk of profit to its shareholders, and it also means that company has decided to sell more stock and it is looking for investors which is a good way to get into stock owning.
As for understanding historical trading volumes, it is important to understand these as these volumes dictate the rise and fall of a specific stock, so knowing these enables a person to predict the rises and falls of stock’s value.
There is a great variety when it comes to the offering of stock charts on the internet, the main difference is that some of them are provided free of charge while others require some form of payment.
When it comes to stock charts which are free, the most popular ones are: TradingView, TD Ameritrade, Stockcharts.com, Yahoo Finance, Google Finance and FINVIZ.
Out of all these, I recommend using the Stockcharts.com, which has an old-school look but its details and tools provided outnumber others and are far more simpler than any other programme in the competition.
When taking interest in investing one of the crucial skills for understanding and being successful in investing is ability to read stocks.
When reading a Stock Chart it is important to take notice of Price and Time Axes, as they signify the value of the stock changed during a specific time period.
Next is Trend Line which tracks the change of value of a specific stock through previously mentioned Axes, it is there to highlight value change through time period.
Trading Volume is usually located on the bottom of the chart and it shows drops or rises in stock prices, when the trend bar is green the value is rising, when it is red it is falling.
Lines of Support and Resistance, Support line is usually the line below which stock never falls through, while Resistance line is the line which is upwards from the stock and it shows the cap value of the stock, which if breached becomes a new support line and a new Resistance line is established
These are the basic information which you may encounter when reading a Stock Chart, their goal is to give you a perspective of possible increase or decrease in value of a specific stock.
Theta’s coins, THETA and TFUEL are trending sideways at the moment. Both coins surged following the rollout of the project’s mainnet 2.0 in May.
Meanwhile, the ties between the crypto and gaming industry continue to make progress as one more partnership was announced between the eSports platform Theta and South Korean social gaming platform Ludena Protocol. The users of the two platforms will now receive awards for streaming and watching the content. Mitch Liu, Chief Executive Officer of Theta Labs, thinks the two companies are “ideal partners”.
Moreover, the deal will also bring the first rollout of Theta’s new Android project - Live Mobile Embed, which will allow users to stream Theta TV on their Android smartphones.
Nobody wants to deal with the challenges in the bear market, however, there are certain strategies you can employ in case this happens.
The most important thing is to stay calm. To be more specific, don’t make sudden moves because you can’t fight the bear market on your own. A good plan to employ during a falling market is placing a large part of your portfolio in money market securities like certificates of deposit, U.S. treasury bills and other instruments that involve high liquidity and short maturities.
Another strategy you’d want to consider is portfolio diversification. Make sure a part of your portfolio is distributed among stocks, bonds, cash, and other assets.
Also, never invest more than you can afford during the falling market as they can be highly destructive.
Hope that helped.
Yes, day trading cryptocurrencies is possible and as a matter of fact, it’s becoming more and more popular. This is mostly because high volatility and trading volumes in the crypto market suits day trading quite well.
Day trading digital currencies is mostly about speculating on the price of the coin, instead of actually owning it. That’s why brokers that offer forex and CFDs are a great place to start for novice traders, as opposed to purchasing cryptocurrencies on a crypto exchange.
However, choosing a crypto platform to conduct day trading is a very important decision. Make sure you read the reviews before choosing a platform. Coinbase is probably the most trustworthy crypto exchange, followed by Bittrex, CEX.IO, Coinmama and more.
When it comes to mobile banking, the combination 5G and blockchain will likely change the game. While blockchain can play a major role in securing mobile banking networks, 5G can ensure these complex networks don’t come under too much pressure from the weight of blockchains.
In case crypto networks manage to offer payment solutions to these communities, it will represent a large step forward for unbanked and underbanked people. Such a development could be the first phase of additional changes that the developing countries need, including providing reliable access to electricity and high-end internet, as well as cut transaction fees and mitigate economic volatility. It will also help reduce government corruption.
If that’s all 5G ends up doing, it may be a greater leap forward than what has already been envisioned and promised by all those in the mobile industry.
You can certainly trade exotic currencies in Forex, however, most traders prefer trading the major and minor currency pairs over exotic currencies. Exotic currencies are not widely known as most of them come from developing countries. Training exotics could turn out very profitable for investors who are okay with dealing with great risk.
One of the reasons experienced investors should think about trading exotic pairs is because of their high-profit potential. A number of exotics are typically negatively correlated to the major currency pairs and because of that, they can represent great trading opportunities when the major pairs are not trending.
Exotics tend to experience large swings in price, thus traders who wish to trade them should be willing to face moves that stretch thousands of pips. Therefore, trading exotic currencies can be very risky but at the same time very profitable.
A Contract for Difference (CFD) has no expiry date, therefore traders can hold a long or short CFD position for an indefinite period of time as long as they have the funds to hold the position.
Still, there’s a rule of thumb which says that long CFD positions tend to get pricey after 4-6 weeks because impose a financing charge.
That’s why it’s recommended to avoid holding a CFD position for a long period as it’s much more efficient to trade them short term. The long-term holding of CFD is something traders should consider with great caution.
Hope that helped.
Analysts at German full-service investment bank Berenberg raised their target price on Computacenter’s stock from 1,700p to 2,450p today, saying its conviction reached all-time highs.
The bank said that it’s difficult to spot a company that delivers such good results in these circumstances. Computacenter exceeded analysts expectations from the start of the year and its stock is trading on a 19x price-to-earnings ratio and delivers a nearly 7% free cash flow return.
"How Computacenter trades on a 30% discount to European resellers is beyond us," said the Berenberg analysts.
Berenberg renewed its ‘buy’ rating on Computacenter’s stock and said the computer company is one of the most convincing investment opportunities in that sector. The bank pointed out that Computacenter’s earnings estimates could still be 20% low.
The analysts believe that traders could make a total shareholder return of 45% over the period of 12 months.
Is Forex trading easy?
Hello, thanks for asking!
Forex trading is an easy endeavor. It is advised that you start practicing on a demo account, which is designed to help those who have no previous trading experience can learn the ropes of trading. In conclusion, the difficulty is set by you, by the style you choose for trading and the risks you take.