10 Tips for Beginning Day Traders in 2019

Wondering how to become a modern day trader in 2019? The following 10 tips will have you well on your way to success.

Screen view of stock charts

1. Know what is happening in the markets.

“Knowledge is power” is cheesy but true. You likely already know all the basic procedures and hacks, but you have to stay on top all of the latest trends, news, and events which have an impact on your business. A good daily or weekly review of the situation can make all the difference. Make a list of stock you want to deal in and keep up to date with what is happening with those companies.…

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7 Ways Technology is Changing how Traders Trade

From the time you wake up to take a look at the market’s performance overnight to the time you check how the market is set to open the next day before going to bed, technology plays a critical role. There’s no doubt that technology has ushered in significant advancements in the way we do things.

Trading technologies

These advancements have significantly been evident in the way traders trade. For instance, technology initiated the development of the online based MT4, which enables Forex traders to trade from any operating system or browser.

Additionally, advanced technology has enabled traders to operate and maintain a competitive edge in the cutthroat financial and Forex environment.…

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3 Types of Penny Stocks That Are Worth Trading

The U.S. Securities and Exchange Commission defines a penny stock as any stock that trades below $5 a share. While savvy investors use penny stocks’ low prices to make money, many people are tempted to buy them without doing their research, but this is a mistake.

Trading in stock market

Before investing in penny stocks, take time to learn about the risks involved and the key factors affecting their prices. By doing your research and learning about the types of penny stocks worth trading, it’s entirely possible, though not guaranteed, to get a good return on your investment.

Here are 3 types of penny stocks worth investing in.…

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Trading 101: What is Margin Call Trading?

If you are buying shares on margin, you should maintain the minimum balance in your account as stipulated by the broker. The margin balance should be maintained so that you will be eligible for margin purchase. If you fail to maintain the margin money in your account, you will get a margin call.

Trader is doing margin trading

The margin call will be made by the broker to request you to deposit more money in your account so that you will not be penalized. If you fail to manage sufficient money in your account as per the margin call definition, you should want to sell equities to manage sufficient balance.…

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