To maintain your personal finance you need to step up with the help of this "Your Finance Formulas" blog. Where I am trying to share all of my favorite financial videos, I do believe these videos will make you financially confident & update too. If you have any informative finance video please feel free to share with me & also share your feedback for my betterment.
Tuesday, August 20, 2019
Understanding Forex Trading and Techniques to Earn More
Friday, May 10, 2019
7 Steps to Becoming A Successful Trader
It is possible to make a trade over the internet or phone; a broker may even do so on the trading floor as well. However, an investor needs to follow a few essential steps for becoming a successful trader.
Here you have a list of steps to follow and shape your trading future:
■ Right trading plan
A trading plan follows a systematic method for evaluating variables like that of the trading objectives of the investor, his risks, and the appropriate time while trading and identifying securities. Apart from defining all parameters of active trading, a trading plan helps in taking a few logical trading decisions. You may keep yourself from making hasty decisions by opting for the right trading plan.
■ Risk management
Risk management helps in cutting down the trading losses. It can even safeguard your trading account from shedding much of your hard-earned money. The risk element comprises of the losses that a trader incurs. The trader can explore various opportunities of earning money in the market once he learns how to manage the risks.
It’s very much essential for active and successful online trading. Only a couple of bad trades are enough for a trader to generate substantial profits. That is why it is so crucial for you to develop the right risk aversion strategy in advance.
■ Money management
Effective money management reflects the number of contracts or chares that you may trade at a certain point in time. The concept is defensive. It lets you survive a few challenges and keeps your hopes alive for one more day. Through proper money management, you can understand whether you can acquire new funds for trading other positions.
■ Accepting losses
You have to take losses on a positive note if you want to be an expert trader over time. You cannot continue with trading if you cannot sustain losses. Experiencing losses can help you improve your trading strategy and turn into a uniformly profitable trader. Do not expect a high margin of return during the initial phase; instead, you must work sharpen your trading skills and achieve the bigger picture.
■ Knowledge on the market
The stock markets resemble a vast auction that enables the highest bidder to acquire ownership of companies. Compared to the intrinsic value of companies, the amount for which they change owners could be less or more due to the human emotions of greed or fear. You can identify the companies that are selling for less only when you are an efficient investor.
■ Being patient
You must learn to wait for the right opportunity whenever your timing seems off. You must trigger your actions at the most opportune occasion. You must develop an appropriate trading strategy by adjusting the parameters if you are stepping into trading for the very first time. Thus, you will be able to see a few other price bars and learn to be more patient. Eventually, you will learn how to steer clear of a few impulsive trading decisions and wait for the additional profitable trades. With time, you will lose all frustration and stress and know how to trade online.
■ Picking the right online broker
Online brokers face stiff competition from time to time, which indicates a drop in costs and ramping of services. Depending on your priorities, you may opt for an appropriate brokerage account. A state-of-the-art trading platform may seem worthy of spending higher commissions on trade.
Factors that you ought to consider while choosing online brokers include technical needs and trading style, account fees, promotions, account minimum, and commissions. Generally, online brokers offer an identical investment options menu including funds that they trade in the exchange, mutual funds, bonds, options, and individual stocks. Accessing forex trading and futures trading may even get more straightforward with some of them.
Investments dictate two things that you can explore with these brokers. You can explore the amount that you pay in terms of commissions and also know if you can meet your investment requirements. You must pay more attention to your investments as well as the related commissions.
Monday, July 2, 2018
Choosing The Right options signals providers
Sunday, December 17, 2017
The Potential of Penny Stocks
Sunday, October 8, 2017
Is It Finally Time To Dip Your Toe Into The Waters Of Cryptocurrency Trading?
Thursday, August 3, 2017
How Much Do Day Traders Make
Monday, August 11, 2014
Online Brokerage Comparisons - An overview
TD Ameritrade
If interested in becoming a stock broker yourself, stop by http://www.stockbrokersalary.biz for more information.
Friday, October 12, 2012
Forex Tools to Crack the Market: 3 Top Trading Weapons
The 3 Trading Tools in 2012: What They Are and Their Benefits to Traders
Friday, January 27, 2012
Foster your business with E-commerce fulfilment services
The different services performed by e-commerce fulfilment
- Warehousing – e-commerce fulfilment monitors the quantity, status, location of the items offered on sale. This process is observed so as to avoid any errors or loose ends. Emergencies require the proper utilization of the locator system. Warehousing cater to this need. The knowledge of the service provider as to which part of the warehouse he has sent every item is very necessary so as to locate the item in time of need.
- Reporting – The services offered by an e-commerce fulfilment firm ranges from developing prices, shipping and delivery of the items, processing payment to return reports. And this can be efficiently performed by making use of advanced software.
- Order processing – The shopping cart systems has been technologically enriched to facilitate the process where orders can be exported in digital format. Products should be stocked in a proper manner so that they can be delivered to the customer in good condition and within the stipulated time.
- Customer service – In e-commerce fulfilment, customer service is very important as they directly affect the online transaction. According to the need of the customers, solutions provided by the e-commerce fulfilment company are highly customized.
E-commerce fulfilment system is very expensive. But subscription of only those components which are required is also possible thus reducing the cost to a considerable extent.
The author, Aalina Jones here provides smart suggestions on e-commerce fulfilment. This article will certainly help people gather plenty of information regarding fulfilment.
Tuesday, December 27, 2011
Avoid Negative Returns
Lets say you invested $100,000 into a mutual fund and it had a 20% gain one year and a 20% loss the next year. Most likely you would assume that a positive 20% and a negative 20% puts you back at 0 and you broke even. But lets see what really happens:
Year 1 - $100,000 - +20% = $120,000
Year 2 - $120,000 - -20% = $96,000
Lets see what happens if we carry this same pattern out for 2 more years with the same +20% and -20%:
Year 3 - $96,000 - +20% = $115,200
Year 4 - $115,200 - -20% = $92,160
So even though it seems as though the market is staying even over those 4 years, your $100,000 investment is slowly disappearing.
It's become clear in the last few years that having your savings in a vehicle the is susceptible to the ups and downs of the market can have a catastrophic effect on your retirement income. As I said, most Americans have become accustomed to the fact that their savings are at risk and could, one day, dwindle to nothing.
That is because most people have made poor choices when it comes to the locations of their savings.
This is where systems such as You Be The Bank stem from. Systems like these offer a way to truly save your money in a safe, predictable environment where you won’t have to worry about your nest egg being cut in half if the market goes down.
Our economic times have changed the financial world we live in and if you are not willing to change with it you will never get ahead of the status quo. As illustrated above, understanding what negative returns do to your balance is a valuable tool in anyone’s quest to wealth.
Wednesday, April 8, 2009
Sometime Payday loans may create some problems....Have a look it may help you.
As we all know that now payday loan is a very popular option to get money instantly. If suddenly you will face any financial problem then payday loan will help you to overcome your problem.
But in this case you have to payback the money with in the required time. But then also there are some risks points which may create some problems. we can say some Hazards of Payday Loans.
I have got one very informative video which will clear all these matter related to payday loans.
So, i am not telling you that you have to avoid payday loans but these points which are mentioned in this above video you need to keep in your mind. How was the video, please share your feedback through comments. Thanks.
Tuesday, March 31, 2009
Financial rescue plans of President Barrack Obama.
As we all know that financial crisis is going on all over the world from 2008 onwards & we also know that mainly it has been started from USA.
But after completing the election when President Barrack Obama has been selected then he said something which may reduce this crisis.
In this below video you all will get to know about his financial rescue plans. I know this video is little bit old but it will make us understand what is his plan.
So, after watching this video what is your opinion? Is his financial rescue plans will work or you have some more better plans than him. Please share with me through comment below.
Friday, March 27, 2009
Want to buy a car in this recession period.... Just go for "Tata Nano"
I was waiting for a long period to see the one lakh car "Tata Nano". At last on 23rd march, 2009 officially it has been launched publicly. I am very excited, i hope you all are excited too to see this worlds cheapest car on the road.
I think in this recession period those who want to invest money to buy a new car then "Tata Nano" will be the best option. What you think about it?
Apart from this those who have not yet seen this car then have a look in this below video. Tata Nano is here for you. I hope you all like it.
By the way i have a question regrading this "Tata Nano". Which is "Will it be beneficial in this recession period?"
Share your feedback & opinion through comment below.
Sunday, February 22, 2009
Legal way to build your credit.......Please have a look.
I do believe that if you will do everything legally then that will be your lifetime assets. Here credit is also not an exception. So, you need to follow some legal ways to build your credit.
As usual i have got a very informative video which will make you all clear that which legal steps you need to follow for building your credit.
So, no more talking please have a look in this below video.
So, how was the video. I am expecting lots of responses from your end. You all make share your suggestions also if you have regarding this.
By the way thanks to "You Tube" for this unique piece.