May 2018 – Page 2 – Trading POC

Benefits Of And Why It Is Essential To Open A Trading Account

Posted on May 16, 2018 by blogger

If you are going to invest in the stock market then you should choose a trading account. This type of account is faster and trading and maintaining the account is less expensive than a traditional brokerage company. Plus everything relating to the account is right there ready for you to view it 24/7. And don’t worry. The application is no problem to fill out. Here are some reasons why you should do this:

Trades and Transactions

This account holds all trades and transactions throughout the various trading periods. It also includes commodities, entities, currencies, securities or any number of other investment deals. What is called a gross trading result is issued; it decides the gross profit or gross loss for the individual trader. This type of account permits an individual trader to buy and sell securities or assets. Naturally there are risks associated with these accounts as there are no trades and investments which don’t have some type of risk. The stock prices rise and fall and it can be hard to predict what will occur even for the most experienced investor.

But there are other advantages to these accounts as well. These accounts are easy to set up and provide both online and telephone access. Assets or shares can be held electronically without any physical transaction needing to take place. Trades are automatically settled with money either being credited to or debited from you account. This type of account is widely used among traders who trade UK and International shares.

Variety

One of the major advantages of a trading account is that you can trade a variety of different instruments including gold, oil, Forex and CFDs. Plus you can invest in UK and International equities, Exchanged Traded Funds, bonds and warrants. Yet another benefit of a Trading Account is that it establishes the relationship between gross profit, gross losses and sales. This helps traders by measuring their profitability position.

This account also supplies a ratio between the value of things which are sold or purchased with gross profit and gross losses. This aids traders in keeping track of stock prices, as well as whatever else is bought or sold with gross profit and gross losses. It essentially let’s a trader know the success or failure of his efforts. This type of account also provides information which pertains to the value of stocks and the total of goods which are either sold or bought. The individual trader can avail himself of virtual portfolios containing this detailed information.

With this type of account you can also set your own personal trading limits which is a fantastic benefit, especially for new traders. Plus traders have the option of using Limit Orders to reduce the risk factor in their investments.

Successful Trading Requires A Checklist – Phil Storer Recommends A 3-part Evaluation

Posted on May 12, 2018 by blogger

Long-time stock and commodity trader Phil Storer says using a checklist in trading helps you learn from mistakes so they aren’t repeated and also builds good habits that result in success over the years.

I’ve found that in order to enhance discipline and consistency it’s very helpful to create a checklist that is specific to your method and suitable for your trading personality, says Storer, who is based in Dallas, Texas. Long-term returns will likely be disappointing unless you stick to a regimen, he adds.

His own willingness to buckle down and keep a checklist followed a series of market beatings that were his reward for a lack of discipline, he says.

Storer’s checklist, explained in Chalk Talks for Traders Easy Xs and Os from a Proven Market Pro, has a three-part agenda including a pre-trade evaluation, making the trade itself, and then a post-trade analysis, or a look back. His generic list is intended to help traders develop ideas to customize lists of their own.

Keeping track of how each trade plays out will help you understand that trading is an exercise in probabilities set in a random environment, Storer says. We constantly strive for perfection. Unfortunately, we are participating in a contest that wont allow it. If we blame ourselves for what we think is failure, the result will be personally degrading and will lead to even more failure.

Instead, it’s wise to take a proactive approach along the way.

In a pre-trade evaluation, you ask what is the direction of the market’s trend? Where do I enter and what is my profit potential? What is my risk and does the potential justify it? Can I afford that risk?

As for the trade itself, you should ask: what is my plan for entry? Have I placed a protective stop (which is mainly used to limit market risk to a specific amount)? Where should it be? Has anything happened to justify moving that stop? Also, have I placed a priced order at my target price?

In the last phase– or the look back– you might be tempted to pass on performing an evaluation if the trade was a winner. But you should still decide: did I get my target price? And if not: why? Also, did I manage my protective stop correctly? What would I do differently next time?

If the trade lost money, you can learn from it by asking: did I get too close with my stop? Did I exit because of emotions? Was the target price hit? Was I in line with the trend?

Storer says his book and checklist offer some of the best tools for trading you’ll ever find in one place. The point of the list is to help traders build good habits, which are especially needed when trying new strategies. He adds, you, the trader, are in charge of your level of success in the end.

Storer specializes in customized plans to meet clients’ requirements, using the discipline and techniques that have directed his own buying and selling over the decades. He is also the author of Tricks of the Futures Trade, A Guide to Futures Trading by a 25-year Survivor.

Storer is the director of trading for the commodity division of Dillon Gage Inc., a full service brokerage firm based in Dallas, Texas.

For a review copy of Chalk Talks for Traders Easy Xs and Os from a Proven Market Pro, or to arrange an interview with Storer, please contact: Jo Trizila, TrizCom, at (972) 247-1369 or (214) 232-0078.

Reasons To Use Tick Charts In E-mini Trading

Posted on May 9, 2018 by blogger

E-mini trading charts are a visual representation of the data created by the price action of the market. Traders have a number of choices as to how that data is represented on a trading chart. In my opinion, most traders seem to opt for time-based charting methods. There are, however, other ways to display market data which may be a better option for some traders. In this article we will discuss some of the advantages of using tick charts (volume based charts), which are not based on time but on a traded selected number of trades. For example, a 500 tick chart draws a bar for every 500 trades, regardless of the amount of time it takes to accrue those 500 trades. In a heavily traded market, a 500 tick chart may display bars at a brisk pace; and in a slow market a 500 tick chart may only draw one bar every 10 minutes. The point is a simple one; volume based charts have no correlation to the amount of time it takes to accrue 500 trades.

There are several reasons that traders prefer volume based charts and I have chosen 4 that I think are the most important. They are, in no particular order:

1. Tick charts allow for quicker recognition of breakouts and breakdowns. As I mentioned in the introduction, these charts are concerned only with the number of trades the trader chooses to examine. Breakouts and breakdowns often start suddenly and with substantial volume. Since most e-mini traders take their trades at the close of each bar, a volume based chart will allow for quicker recognition of a breakout or breakdown, especially when compared with time-based charts. At the conclusion of a 3 minute bar, a breakout or breakdown may be well underway; but on a tick chart you will get a more immediate signal as the volume increases. Since I am very fond of trading breakouts and breakdowns, or fading failed breakouts and breakdowns, volume based charts are a very valuable tool for this type of trading.

2. As a former institutional trader, I am predisposed to attempt to follow large traders. One of the axioms and my e-mini trading style is: large traders control the market. Having said that, tick charts can provide a smaller trader with a unique insight into when large traders are active because of the larger volume involved in institutional trading. The corollary argument is also true; when smaller e-mini traders are the primary players in the market, a tick chart will represent that sluggish trading action with accuracy. I want to trade with the large traders, and avoid trading with the smaller retail traders.

3. Since tick charts compress slow trading periods (that is, periods of low volume), it helps e-mini traders avoid trading during periods of consolidation. Often times, consolidation periods are referred to as range trading or channel trading. Generally speaking, channel trading is typified by low-volume and restricted trading range. On a time-based chart this action snakes along and can indicate false setups. On a tick chart, this low-volume trading is represented by far fewer bars and makes channel trading more easily identified. There are few instances that I would want to initiate a trade while the price action is in a channel formation.

4. Tick charts give me an excellent idea of the velocity of the market. As an e-mini scalp trader, I am extremely interested in market momentum. While there are few specific indicators to indicate the velocity of the market, the speed at which the market is accelerating and decelerating is of prime importance to a momentum trader. I want to trade during periods of accelerating market action, and avoid trading during periods of decelerating market price action. Volume based charts give me an excellent picture of how fast the market is accelerating or decelerating.

In summary, we have identified 4 advantages of using tick charts.

They allow for quick identification of breakouts and breakdowns.
These charts allow me to identify when large traders are active and when small traders are active.
These charts compress channel trading periods for easy identification.
These charts allow for quick recognition of momentum and help identify ongoing momentum.

There is a time and place for volume based charts in your trading methodology and I recommend trying them because they are an excellent tool in your trading arsenal.

ways how you can take advantage trading forex during economic news releases.

Posted on May 4, 2018 by blogger

In this article, I will discuss three ways how you can take advantage trading forex during economic news releases.

Trading the economic numbers
Straddle setup before the news
Hedge setup before the news

1) Trading the economic numbers strategy Currency traders try to take advantage of the discrepancy between the forecasted and the actual economic number, you need a very fast news data feed such as Reuters or Bloomberg because you want to get in the trade before the move begins. Steps to trade the economic data numbers: 1. Purchase a fast news datafeed at Reuters or Bloomberg
2. Track the news consensus and determine the significance of the economic news report being released, if it is not important, do not trade it.

You will be able to find all important data on a good economic data calendar
3. For each important news release you need to know how large a discrepancy has to be in order for you to act on the trade.
4. Finally, watch the news release using your fast datafeed and trade the numbers.

2) Straddle the News strategy This strategy is very simple and consists of 2 limit orders, one to buy a few pips above the range high and one to sell a few pips below the range low, then wait for the price to breakout triggering one of your orders. Your stop loss order should be placed a few pips below the range low when buying, conversely, a stop loss order should be placed a few pips above the range high when selling.

3) Hedging the News strategy What is hedging? Hedging enables a currency trader to simultaneously hold Buy and Sell positions in the same currency pair at the same time in one trading account. 1. To hedge, go both long and short at market price 30 min before the news release.
2. Add a protective stop loss order to both long and short positions 30 seconds before the news release.
3. Add a limit order to both long and short positions 30 seconds before the news release.

Diesel muscle forex trading broker gas sites to reap

Posted on May 2, 2018 by blogger

Gm amongst Diesel Powered electrical: propane Serps To harvest

Greatest model of a diesel-engined machines on to diesel-engined strength (typically the Shanghai Diesel-Powered truck Co., Ltd.) might fulfill two big website change for better, the first is combined to their car or suv truck the particular Shanghai Auto-Grade Collection, the organization requires you to accelerate one particular cracking open regarding the very new Energy Corporate. Diesel-Engined strength Xiong Weiming, general manager coming from Nanfang Frequently Fit 11 to receive this particular disclosure of your they’re competent you’re able to send brand-new treatment, expressing my thanks the actual targets on opening up the gas vehicle “is now to reap.”

And also two missions “insertion”

Diesel Engine supply using SAIC inside formative 2008, relying on specific to it complete application behind diesel generator devices, get to be the body pointing to SAIC plan professional vehicles Ingredients Approach, vital subscriber. Xiong Weiming referred to the bottom line is to obtain it done along at the Chai Design Equipment Business is becoming to be able to take into account strictly 20% with all the tell associated with car and motorbike performing speeds to successfully 50% enormous to deal with SAIC available motorcycle online business breakthrough discovery. “On The Other Hand clients are completing our two upgrades,” Xiong Weiming in which by the improve in residential facilities constructing, technological innovation machinery marketplace is all the same relevant, generally diesel powered are going build up Loading Machine Replacing and in addition modernizing, and even off 8,9 re displacement printer into 6 liters alterations toward change up its just products; increase is Excavator Destination just for using most of the model for you to interrupt the very monopoly of imports. “Currently The lumber will expend 8 billion next formulating the latest types.”

SAIC Iveco commercial autos inside of the currently more rapid Assistance Charge, Xiong Weiming which SAIC Iveco three way partnership will be more give attention to assisting the type of branding, as the lumber would about unique identify, the actual robust development independent brand name SAIC the main intensity as part of heavy duty cars.

Landed 3 nought per cent associated with propane motor Available For SAIC

born around the the latest work marketplace Xiong Weiming, air referring to an additional vision after raw wood may advancement hot oomph powerplant community, even though using SAIC’s advanced gasoline concept. On Top Of diesel engine invention about ten years ago of which this first propane serps business organisation, usually used in city public transport vehicles, private student trucks. Primary buyers comprise of Auman high truck, coarse truck Shaanxi Automotive, Xiamen Fantastic Concert Tour, Shanghai Sunwin, Dandong Pink Ocean, accessories., to do with natural gas traveler car and truck, truck potential share of the market of all 80%, respectively. And properly based on Thailand, Malaysia, of the five In The Center Of Japan, Italy as well as other petrol-wealthy stock market.

“Propane locomotive inside diesel engine finally is in charge of merely underneath one proportion small business possess, brought up to allow them to two that will three amount immediately after many years, will also be essential role increase earnings aspect within the wood made.” Xiong Weiming discussed.

Using the fresh , new sphere of one’s, referring to and as a result advancement of dimethyl ether diesel powered energy solutions come with increasingly at one time been store-bought employment applications. Shanghai city and county state and federal government has built a first indigenous DME stuffing stations, 10 motors measured that has diesel powered lines around the DME website might have been set into saleable procedure. Along with, a new real wood was also growing multiple scientific knowledge, consists of gas-electro-mechanical crossbreed can be a new event.

I am a professional writer from Transportation, which contains a great deal of information about black truck tool box , truck tool storage box, welcome to visit! t!