Smart Intraday Trading Strategies For Beginners

Smart Intraday Trading Strategies For Beginners

As they say, the stock trading game can last a lifetime. You have your whole life to hone your skills and perfect your trading strategies. It is true that intraday trading carries a high element of risk but the chance to make profits also exists. So, to give yourself a good chance at making a profit, you must learn some smart tricks of the trade.

Day trading

Day trading or intraday trading, true to its name, means completing the trade during market hours. You can enter and exit in a single day and the stock holding happens over a small period of time. The idea is to exit following a value appreciation, thereby gaining from it.

Short and long positions

Long and short trading are popular investment strategies. A long position is when you buy the shares intending to sell it in the long term for a profit. A short position is when you borrow shares to sell to another investor expecting a price drop. In this way, you sell the shares and buy them later at a much lower price, thereby making a profit.

Risk factor

From a certain standpoint, day trading alleviates the risk of trading. It eliminates the overnight and weekend risks of market forces. This is because day traders do not hold their positions beyond the day.

Day trading also focuses on profits resulting out of small movements in price. It is not a magic wand for getting rich overnight. Day trading developed a bad name in the 1990s. Many traders participated in reckless trading and lost a lot of money in the process.

Timing

Day trading happens when the market is at its most volatile. This would be between 9.30 a.m. to 11.30 a.m.

Strategies to follow if you’re just getting started

Here are …

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Can Going Green Make Your Small Business Lean?

Can Going Green Make Your Small Business Lean?

We small business owners have a lot on our plates, but as the linchpin of your small business, the struggle to make a success of it can keep your horizons fairly limited at times. The time commitment needed to keep the cogs of your business running smoothly can be significant. And when you’re not wrapped up in the day-to-day workload, there are always a thousand and one little matters that need sorting out – from filing tax returns, to supplier hassles, to keeping staff happy. So it’s not surprising that, for many ongoing small businesses, the environmental issues surrounding their activities can seem like so much fluff.

Can Going Green Affect the Bottom Line?

After all – since when has going green affected your bottom line? That thought process certainly makes sense, when your horizons are narrowed – but the fact that such considerations are kept off your radar, by the day-to-day chaff, is an indication of a bigger problem in itself. For a business to grow and thrive, it needs a wider vision, not just shovelling at the coalface. And if you can take time to step back and reassess the broader picture – of how your small business could thrive – you’ll find adopting a green strategy can do more than save the planet. It could make your business bloom in the challenges of the 21st century. If bigger businesses, especially those with visionary leaders, can do it, you as a much more agile company surely can.

Where are the Savings?

The most obvious benefit to any business from going green can surprisingly be found on the balance sheet. US Government agencies have estimates that energy costs make up anywhere between 9% and 20% of total revenue for small businesses. And they also show that small businesses …

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Capital, Skills, and Personal Interest – A Perfect Recipe for a Business

One quotes says, ‘the road to success begins with a failure!’ That is true indeed. Hardships, failure, troubles, are all there, but the one who has the courage and desire to confront those hardships is the one who reaches the top eventually. Starting a business is not easy at all, but is not very difficult either. All you need is to gather in some capital, your skill set, and most importantly, your personal interest. Bang! You’ve got your own business!

Feed with Capital

It is said that communication is the lifeblood of an organization. Applying it in business, it won’t be wrong saying that capital is the lifeblood of a business. It is important to raise a myth regarding capital investment. It is a common assumption that a business can only be started with load and loads of money, or else it would remain no more than a mere business plan on a piece of paper.

To be very frank, this is not true at all. The business world is bursting with hundreds and thousands of entrepreneurs who have actually started their businesses with minimal capital and predominantly from their own homes. A few most prominent examples are Apple Computer, Mary Kay Cosmetics, Hershey’s, and the Ford Motor Company. Isn’t that surprising? Indeed it is! Who knew these giants were small home based businesses a time ago.

A few sources of capital investment are:

  • Personal Investment
  • Angel Investors
  • Venture Capitalists

Skills, the Foundation Stone of Expertise

Most of the times, the dream that people have while starting a new business is to be an expert of a particular business sector they are about to hit. It goes without saying that this is the kind of dream one should have. There is nothing wrong dreaming high, setting bigger goals, …

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Tips To Help You Survive These Tough Economic Times

Most of us are feeling some sort of strain from the current economic situation, even those who are good with money. The loss of a job or a cut in pay to keep a job are both real events happening all around us. How are we to make “ends meet” with money so tight and not negatively impact our credit?

Tips To Help You Survive These Tough Economic Times

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There is no easy answer to that question. However, here are nine suggestions that may offer an option to your personal financial situation.

Look at your spending habits and determine what are real NEEDS vs. WANTS.

Reduce your spending to only needs, and learn to live within your new means.

Stop using your credit cards. If you can’t “part” with your credit cards, here is a suggestion: Take a plastic container, fill it with water and place your credit cards in the container. Place the container in the freezer, and let it freeze. This is putting a “freeze” to your credit card spending.

Create a weekly meal plan. Make a list of the foods that you will need for your food plan. When you go shopping, ONLY buy what is on the list.

Clip coupons. Did you know that the average household could save almost $100.00 a month by using coupons?

Stop eating out. Statistics show that we spend an average of 14% of our income on eating out. This can be in restaurants, vending machines, snack bars or fast food.

Avoid the temptation to spend money by avoiding the malls or stores just for entertainment. If you need something, make a list and take only enough money for the items you need.

Trim your “entertainment” expenses. Everyone has a hobby or something that they enjoy doing, but if it costs money and your budget is tight, you …

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Greg Fishman Recognized By FACTS

Greg Fishman, the head of Resolvly, recently was recognized for his work with Families Against Court Travesties (FACTS). The charity organization has been receiving monthly contributions from Fishman, and his hard work is getting recognized as one of the main reasons they have had success.

Family Against Court Travesties, Inc. has a mission that involves helping families who find themselves in a crisis situation due to the family courts or other government agencies. The goal is to ensure that children are well taken care of in family court and that the families get due process.

With Greg Fishman‘s career, he has always related well to the mission of FACTS. He works directly with lawyers and attorneys on a consistent basis, and he understands the process of the justice system in general. The organization was formed in 2003, and shortly thereafter Fishman knew that he wanted to be part of the process of helping out.

With the help of Fishman and plenty of other people who are giving their money, time and energy to FACTS, the organization has been able to accomplish quite a bit in just a short amount of time. Not only have they helped remove Family Court judges from the bench, but they have actually participated in electing judges as well. In the state of Florida, the organization has given testimony to the Florida Supreme Court about general fairness and diversity.

FACTS have also staged protests against judges that did not live up to expectations, picking up news coverage to bring light to the issue. The organization has shown that they are not afraid to stand up for what they believe is right, and they continue to fight for those who might need a voice and do not have it. The time and effort are …

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