The Finance Factor

These Fundamentals Aren’t Technical

I believe in order to lay a solid foundation for successful trading, there are three basic fundamentals you must adhere to. The first is knowledge. There are only three things really that separate us from an expert. Training and experience comes after knowledge. Knowledge comes first, and expertise is accomplished through experience and constant training. So, how knowledgeable are you? Let us assume that you have some knowledge or you wouldn’t be researching the market. Do you know the difference between day trading and swing trading? To me there is a major difference. Many so-called experts lump all online traders into the bag of day trading. For the sophisticated observer it is plain to see the obvious differences. A day trader rides the rush of the asset, while a swing trader diagnosis the trends and holds onto it as long as the momentum last. Knowing these subtle nuances will determine what kind of software you need.

Training encompasses a lot of different meanings. For our purposes I want to address technical analysis. I strongly feel any trader not taking advantage of the immense knowledge gained from technical charts is wasting time and money. Of course the fundamentals are important. They are much more important to the investor than the trader, however. A company’s financials don’t matter a great deal if you are planning on dumping the asset in a few minutes, a day, or a week. If there was any news about the company’s financials, believe me you would see it reflected on the technical charts.

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Now based upon the idea that my assumptions are accurate, and you are still with me, as far as software platforms, the following suggestions I strongly feel are necessary for any software to be useful.

1. It must be able to offer live streaming technical data. (Otherwise the program is merely educational)
2. The platform should defiantly include candlestick charting.
3. Visually it has to be large enough for all the data to be seen easily. (Many of the online brokerage’s technical data is to small to be useful)
4. It must be cost effective. (Most good systems can be purchased for between one to two hundred dollars)

Continue reading ‘Stock Market Trading Software…Up Or Down You Make Money’ »

Is it Day Trading Or Something Else?

There is this misconception about day trading that need to be cleared up. I ‘ve always thought of day trading as trades opened and closed in the same day. This may seem very obvious to most of us, however, there are so-called experts who lump all online traders into the bag of day trading. For the sophisticated observer it is plain to see the obvious differences. A day trader rides the rush of the asset, while a swing trader diagnosis the trends and holds onto it as long as the momentum last. So where does that leave you? I don’t know if the term “day trading” ever existed before we had access to the internet. My definition is that of a person who might be trading at the speed of light. You might laugh, but this is the life of a day trader. They do not care about fundamentals or even for that matter what the company does. They are riding the trend, up or down it doesn’t matter, as long as the asset is behaving the way they have projected it would. Day traders don’t care what markets they are in, be it stocks, options, currencies, or futures, they get in and out with a fast profit. A transaction may last a few minutes, an hour or so, but never more than that day. They also must adhere to a set of strict rules and regulations, including maintaining an account that doesn’t fall less than twenty-five thousand. For complete details on all the rules, please refer to the SEC web site.

So now you can determine what type of a trader you are thinking of pursuing. Are you a real day trader, or perhaps, swing trading is more what you were intending to research? Swing traders can do a limited amount of intra day trades without incurring any penalties. A great way to determine which strategy is best suited to your needs, is to first decide if your plan is to pursue this on a full time basis. You cannot be a day trader part time. With the proper software you can swing trade while keeping your job or enjoying your retirement. Swing trading is traditionally considered a low risk venture, especially for those who trade the large cap stocks. But is there really such a thing as low risk in these volatile times? Some experts will tell you that swing trading only works in a stable market, where the prices don’t fluctuate, but I feel that if you are properly trained you can make money no matter what the market is doing.

Continue reading ‘What To Know About Day Trading…Strategies That Ensure Profits’ »

Most novice traders choose to try short term trading and scalp regular profits to make a great long term income and its a common way for Forex robots and Expert Advisors to be programmed as well – let’s take a look at how to succeed at Forex day trading.

In the days before the internet, floor traders made huge gains because they had the price in advance of the bulk of traders and used this time window to get their trades in first, today its a level playing field and all traders can get up to date prices at the click of a mouse – so can you still make money at Forex day trading?

The answer is no and if want to know why simply look at daily volatility – its random, you cannot key off support and resistance levels and if you can’t do that, you can’t get the odds in your favor and you will lose.

You will see a lot of vendors selling day trading systems and software and they say they make money but never produce a real time verified track records of gains, just simulations going back over closing prices but anyone can make money knowing this key data!

Continue reading ‘Forex Day Trading – How to Scalp Regular Profits and Build Wealth’ »

DAY Trading train traders and investors for day trade and invest successfully in stocks, futures and commodities for short-term and long-term trading success. We teach people to gain our proprietary models that have generated consistent returns over a long period of time. We help you understand our proprietary day trading strategies and models. Our strategies are very mechanical and the steps to follow are crystal clear if you follow the rules. We have been successful with the recent volatility in the market because our day trading strategies take advantage of the volatility. We are also affiliated with various trading companies.

Online Futures trading are a fast evolving market with more participants joining every year. It is important for futures traders to stay current and always be ready to adapt to the changing market trends. Futures trading also present some tax advantages to traders over equities. There are futures on major indices, commodities and currency pairs. Our class is held during marker hours to show you examples of what we talk about in class in real time. In the online futures trading class, you will be taught about everything you need to know about the futures market and futures trading. There is a lot of information that traders overlook which results in unfavorable results. We will teach you how to use our various futures trading strategies. You will learn how to enter and exit at various points that could result in success. We will focus a lot of our attention on risk management that we believe is a vital key to trading success. Classes are taught live in order to illustrate live examples. A lot of work has been put into building these strategies so you must also have a hard working spirit. Traders will be provided with a Futures Trading Manual that contains all that was taught in the trading class and a lot more.

Continue reading ‘Day Trading & Stock Trading Companies and Strategies’ »

Casey’s General Stores Inc., (CASY): Founded in 1959, headquartered in Ankeny, Iowa, Casey’s General Stores Inc., together with its subsidiaries operates convenience stores. It operates under the Casey’s General Stores, HandiMart, and Just Diesel brand names in Iowa, Missouri, Illinois, Kansas, Minnesota, and Indiana. currently the company operates 1,474 stores.

The company produced better than expected earnings in last three of four quarters by 9.6% in July 2008, by 47.4% in January 2009, and by 16.7% in April 2009. Market is expecting a profit of 60 cents per share for the quarter ended July 2009, which is 3 cents more than its actual profit in the same quarter a year ago.

CASY is in my BUY watch list for the short term trading. Next earnings for the quarter ended July 2009, is scheduled to be released on September 8, 2009 after the market close.

United Natural Foods Inc., (UNFI): Founded in 1978, headquartered in Dayville, Connecticut, United Natural Foods Inc., is a distributor of natural, organic, specialty foods and related products including nutritional supplements, personal care items and organic produce in the United States. The companies distribution operations are divided into five principal units: UNFI Eastern Region, UNFI Western Region, Albert’s Organics, Select Nutrition, and UNFI Specialty Distribution Services. In addition to distribution operations, UNFI’s divisions include Blue Marble Brands, the Natural Retail Group and Hershey Import Company. The company distributes throughout the United States and to more than 40 other countries. As of August 2, 2008, it owned and operated 13 natural products retail stores located primarily in Florida.

The company met or exceeded markets expectations in four of last four quarters by an average of 5.3%. Market is expecting a profit of 35 cents per share for the quarter ended July 2009, which is 5 cents more than its actual profit in the same quarter a year ago.

Continue reading ‘Day Traders and Swing Traders – Watch these stocks for Big Move this week’ »

So you want to learn about the Forex market, and trading internationally but you are risking your personal wealth if you jump in before knowing all about how trading takes place. Online, you will find many games and simulations while learning the methods involved in forex market trading. The forex markets include countries from around the world, where all countries involved are using different currencies, and when faced against each other are worth more or less than the original valued currencies that are being traded. The forex markets are used to build wealth in, for governments, banks, and brokers, and for many countries.

To get started in learning about forex trading, you will need to locate the forex trading software, education-learning system you want to use. As you find the games, as they are called, you will enter information about yourself, about what you are interested in learning and then you will download software to your computer. In following the ‘game’, you will learn how to make and lose money in the forex market. This type of game is going to make you more aware of what happens daily, how the markets open and close, and how different the various countries currencies really are.

Continue reading ‘Practicing in the Forex Market’ »

25 winners among the 2500 participants – I am talking about the surefire trading challenge review. The results achieved are stupendous considering the fact that the people who participated in this challenge were all laymen like us who had families and nine to five jobs and not born geniuses who devote their entire life to a cause like this.

The lowest ROI for the most recent competition is around 14% and the highest about 2900%. It is indeed fabulous to just see these figures printed on our screen and more often than not you would also want to earn similar profits. The surefire trading challenge review points to the fact that members who become part of this community are to benefit out of this huge rage of success.

For exclusive members of the Surefire trading challenge there is an access that is provided to the systems that were used by these winners to achieve their target. Now when you get complete access in this fashion, isn’t it worth the small amount you pay to get your hands on it? You can emulate their pattern of work by implementing their systems and these winners are indeed real traders and not those theoretical characters that always get the highest score.

Continue reading ‘Surefire Trading Challenge Review – Forex Trading Special’ »