Why you must invest at an Young age?

Why you must invest at an Young age?

Investing
Investing is one way to free you from financial issues. Save food for rainy day. Lot of people don’t  invest their hard earned money at the proper time. There is a saying that if you didn’t plant a tree twenty years ago then the next right time is now.  Investing at the right age is the key to financial happiness. Many Mutual fund companies introduce the systematic investment plan and are able to get interest for their money in the long run. You can also start one now or look to open a retirement savings account or long term savings account and keep adding the money for later. This would help you in the long run and you don’t need to ask others for help. Markets do have risks and…
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MACD and Stochastic, How effective is it in day trading?

MACD and Stochastic, How effective is it in day trading?

Basics
If you are a stock trader and you might have probably come across various stock technical indicators. You started to read in the news or on video that some indicator worked. But when you tried to adapt them in your trading, it doesn’t work anymore. When MACD gives sell, you start to sell and when it displayed oversold, you start to buy the stock. It doesn’t work that way because stock market is about emotions and you must be able to find the people’s emotions. How can you find the levels from the technical chart? Stock charts are used only for the reason to determine the levels to hold the stock. if you don’t combine the news of the stock with the resistance and support, you can’t succeed. Find the…
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How to trade or invest in penny stocks?

How to trade or invest in penny stocks?

stock trading
Penny stocks are one of the best ways to make money through stocks. How do find the best ones from the list of penny stocks? There could be plenty of stocks, which can make or break your account. Stock analysts would break their head with this. Because if you hold stocks for long term say 10 years then you can be a millionaire or even billionaire. To trade or invest in penny stocks involves a lot of skills like picking the best stocks, knowing the company's history, understanding the risk, how much money to risk? if you want to create your own trading system, you can start here When it comes to penny stocks, it reminds me of Jim parsons from big bang theory knocking his neighbor’s door saying “Penny…
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Time frames in Day trading

Time frames in Day trading

Uncategorized
When you want to trade in the stock market, you must know the markets will have bears and bulls. It would have sellers and buyers trying to take opportunity. It is vital to keep the timeframes in your mind and trade accordingly. The usual timeframes to watch out for would be 10 am to 11 am (After one hour of market open).  From 11.30am to 12.30 pm, after you have made the first trade and after 1pm to 2.30 pm. In day trading, I never hold the positions for more than 90 minutes.  When the market opens high, it would be up for one hour or more and the bulls wanted to sell right? So the market would come down from 11 am to 12.30 and again bulls would love…
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Creating your own trading system

Creating your own trading system

stock trading
Creating your own trading system is a complicated task and there are many trading strategies viz., Trend following system, EMA system, and counter trend system. You can use the five day high price and five day low price as your strategy. The breakout or breakdown depends on volume; we should be sure about the trend to trade the opportunities. If you are looking for beginner tutorial, then this is it. Trading must be your passion and you should be happy to trade every day. Habit makes one a successful trader. Genius with no roadmap will fail ultimately while an average person with definite steps would move towards their goal. To achieve financial success, you must train your mind and it is not possible in one month. It is a long…
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