Bell Direct (www.belldirect.com.au) executive chairman and Sanford founder Steven Goh talks about Bell Direct, his new online share trading business, with Sky Business News – 8 January 2008
Category Archives: Stock Trading
Stock Market Trading And Analysis for 02/08/2010
Forex Trading Software 101 – The Ins And Outs
The popularity and interest in forex trading has resulted in a number of automated systems to be developed. The market which was once accessible only to bank and larger financial corporations, is now attracting smaller investors. Well this is where currency of one country is traded with that of another country. Trillions of dollars are traded here every day without stopping making it the largest and most active financial markets of the world.
Anyone with a forex brokerage account and some experience in trading can now operate forex trading thanks to the internet, advanced networking and communication technologies. However to remain on top, it requires constant monitoring as global markets are open round the clock. The automated software system lets you choose a currency as well as its asking and selling price before you trade. You need an amount as seed money and a broker then your buy and sell orders will be acted upon straight away.
The automatic systems can help you enjoy the profits from this forex trading without having to be a specialist. Automated trading through managed accounts, the program itself takes the responsibility of trading for you. Since you do not perform the actual trading yourself, these auto systems help you ave time. A reliable trading platform would let you manage a number of accounts at the same time which is impossible in manual trading. When you want to trade in multiple markets with multiple systems, these programs allow you to do this.
The auto forex trading system allows you the flexibility of trading at any time without your presence. Even if you are physically absent from your computer, you need not miss a single profitable trade. It is then easy to operate on different systems and deploy several forex strategies. You can plan your investment and spread your risk when you know that each system is built to be triggered by specific trade indicators.
The automated forex trading system also does away with all human emotions which often affect rational trading decisions. You would have the power to manage several money-pairs and effectively trade in them too.
While you may use an automated forex trading system, if you want to provide an income derived from this well into the future, you cannot expect the system to do it alone; a certain amount of study is still required. Several factors and variables influence the forex market so just using an automated system can not guarantee you long term success in this venture. You can easily program and customize the automated forex trading system to suit your own specific requirements.
If you would like to automate your trading, check out this honest Forex Robot World Cup Review and discover how you can make money with trading forex on autopilot.
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How To Avoid A Stock Market Crash Like 1987 Or 1929
Everybody knows about them: Stock Market Crashes, the likes of 1987 or 1929. And they are feared among many if not all investors.
Tales have been told of investors going bust, of the savings of an entire generation disappearing, and how it happened quickly and without warning. But is this true? Was there really no warning of an impending stock market crash? In this article I am going to show that there are warning signs, and how you can avoid future crashes.
The simple fact is, in both major stock market crashes like 1987 or 1929, there are a few clues we have that will alert us to a crash in today’s market.
Number one is that prices in the market fell quite a while before the stock market crash occurred. In fact in both cases of 1987 and 1929, prices fell for a full seven weeks, from the peak to the start of the crash.
The second is that even though prices did fall for seven weeks prior to a stock market crash, there was a bounce in between. What this means is that prices fell, then they rose for one to three weeks, before falling back down through the previous trough in price. And the week after is when the stock market crash happened.
If we look at this particular movement on a price chart, it will look like a downwards zig zag. And it was so prominent that Charles Dow wrote about it intensively in the late 1800s – making it his own as it is called today: “Dow Theory”.
Pretty simple so far, isn’t it? But there is one caveat – I know what you’re going to ask. Will a stock market crash happen every time we see a downwards zig zag? Unfortunately not. If it crashed every time, we would have seen dozens over the last hundred years.
But Dow Theory will give you fair warning of a bear market also – in fact the same action occurred in 2007 – long before the “experts” were calling an actual bear market or recession. Sometimes the down move will be severe like 1987 or 1929, sometimes it will be prolonged like in 2008, and sometimes it will simply reverse again and resume an uptrend.
Overall, it gets it right around 70% of the time. Not bad considering most fund managers can’t even claim to be right 50% of the time.
So what does this mean for a trader or investor like you? It’s simple. If you see the price on the index fall, then bounce for one to three weeks and then fall again through the previous trough in price, now might be a good time to lighten some of your positions. It pays to be ready, and if it doesn’t occur you can always get back in.
Avoid the next crash! With many more ways to avoid a stock market crash, as well as a free course on trading and investing at www.ASXmarketwatch.com.