You Should Have 5 Elements To Be Successful

Trading is a very complex undertaking and if you miss one element you will likely eventually fail  in this endeavor.

Here are the five different elements we must have working for us for success in trading:

The Knowledge

If we don’t do the homework to know what we need to know we will fail due to ignorance. Understanding historical price action, reading books by and about the best traders, seminars, mentor-ships, and  systems testing is all part of the homework we must do to get the needed knowledge.

The Resources

While trading with a small account is a good place to start it is not a good place to stay. Traders must be adequately capitalized for meaningful trading. We must have an affordable broker that does not charge bloated commissions and gives great execution on orders. A trader must have a platform and charting service that is adequate for his trading style. Trading a small account with an expensive broker with poor execution is a path to eventual failure.

The Desire

If you are trading just for the money you will quit before you are successful, Why? Anyone without a love for the game will quit during the long difficult learning process. After hundreds of hours of work and years of trading with nothing but a loss to show for all the effort anyone with common sense will think it is too hard and just quit. Those with a love and passion for trading will eventually succeed and usually make six figures or Become a Millionaire for their efforts. Those that do a cost benefit analysis in the first few years will generally quit due to the math.

The Skill

A trader must have the skill to trade in three dimensions. The management of the mind,  the method, and money management are all crucial for success. Traders must have the discipline and perseverance to trade robust systems through different market environments without giving up. They must have the ability to accept and deal with their thoughts and emotions as they arise during both winning and losing streaks. Risk must be managed on every single trade without the ego causing bets so big that they put your future trading at risk. The trader must also have the skill to not let fear take away the traders ability to pull the trigger on a good entry.

Best Trading System 

Trading systems are very useful for traders. With the help of this technology you can maximize your trading profit by doing nothing. Now a days so many traders are using this game changing technology to avoid loss. These are fully robotic trading systems which allows traders to create their own trading strategies. This is the most effective way of risk free and profitable trading. Their are so many trading systems are present in the market but you need to select the best one for you. Online Robotic Stock Trader is also a good option for you to get get your own trading system.

If you want expert guidance before your investment than just send your queries at info@onlineroboticstocktrader.com or fill this simple form. This is the right time and right place for right decision.

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10 Most Interesting Facts About Stock Market

It is easy to get caught up in the daily stock market activity and lose sight of the interesting facts in the market's history. For instance, while the New York Stock Exchange is the largest U.S. Stock exchange, it is not the oldest. The Philadelphia Stock Exchange was created in 1790 and preceded the NYSE. The NYSE, however, is the most traditional as traders cannot enter the floor of the exchange if they are not wearing a suit and tie.In present traders are doing Online Stock Trading which is very effective and profitable for them.

A stock is considered to be share of ownership in a certain company. It can be traded, which means, bought or sold. With some of the relics found over the years, there is a good chance that shares of ownership could have begun 8000 B.C., or possibly earlier. Tokens out of clay were used for financial purposes back at that time.

Here are 10 interesting stock market facts.

1. The oldest stock exchange in the world started in Antwerp, Belgium, in 1460.

2. The oldest stock exchange in the United States, opened in Philadelphia, in 1790.

3. Wall Street was laid out behind a 12-foot-high wood stockade across lower Manhattan in 1685. The stockade was built to protect the Dutch settlers from British and Native American attacks.

4. The first company listed on the New York Stock Exchange was, the Bank of New York, in 1792.

5. The highest price paid for a seat on the NYSE was $2,650,000, in 1999. The lowest price paid for a seat, was $4,000, in 1876.

6. The Dow Jones Industrial Average first closed over 100 in 1906. It first closed over 1,000 in 1972. It first closed over 10,000 in 1999. See the nice progression. What will be the next major milestone?

7. The first stock tickers and ticker tapes were used in 1867.

8. The stock, First Midwest Federal, has CASH, as its symbol. The stock, Lacrosse Footware, has BOOT, as its symbol. If you do some searching on your own, you can find some really interesting symbols in the various exchanges.

9. The American Stock Exchange was originally called, “The Curb”. This is because traders first started out on the streets of New York City, standing by the curb.

10. The NASDAQ Stock Exchange began in 1971. At that time, its main focus was on OTC stocks. The name is an acronym for National Association of Securities Quotation. Currently, the NASDAQ consists mainly of technology stocks.

To increase your trading profit you need to change your trading techniques as well. No a days technology is very helpful for stock traders and there are so many trading systems are present in the market to increase your trading profit. Online Robotic Stock Trader is one of the best trading system of 2014. This system is design to avoid the loss from your stock trading and also provide you regular profit.

If you have any query related with stock trading or you want to take expert guidance just fill this simple Form or Visit http://onlineroboticstocktrader.com/contact-us/

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How To Get Income Without Growth

Never underestimate the ingenuity of corporate America or the optimism of its citizens. While the media obsess over multiple economic crisis scenarios and reinforce the message that the economy promises little growth, corporations just keep on grinding out higher earnings.

Much is made of Federal Reserve Bank intervention and its various programs to pump up economic growth, but our central bank’s efforts are merely pump-priming at best. It’s the resilience of business that is propelling growth. This is glowing testimony to the system we have today and a powerful argument for how corporations grow in a no-growth world.

Pressured on the top line, corporations have been cutting costs, downsizing and increasing worker productivity since 2008. This obviously has its limits and becomes less effective over time, but greater efficiency is a mind-set that takes years to instill in large organizations before measurable savings occur.

Since markets care more about earnings per share than total earnings, financial engineering is an effective tool that can work wonders. With interest rates so low, and shrinking sales requiring less working capital, corporations can borrow cheaply and leverage their balance sheets to use the increased cash flow to buy back outstanding shares. Some 20% of all U.S. corporate stock has thus been bought back since 2005.
Another tool is growth through mergers and acquisitions. Resurgent stock prices and huge buildups of cash make buying other companies with lower price/earnings ratios an attractive option. It’s also a way to use overseas cash for foreign buyouts without first having it taxed in the U.S. Upwards of $600 billion in deals so far this year testifies to the popularity of this trend.

While the growth outlook in the U.S. is poor, it’s even worse for the rest of the world. This usually leads to a stronger dollar, which translates into lower costs for foreign-sourced materials. It also means lower earnings from currency translation losses, but these can be partially hedged.

Income investors interested in dividends benefit from rising corporate payouts that also buttress stock prices, but investors who hold corporate debt face increased risk from ratings declines due to higher borrowings used to retire stock. Also fear of rate increases due to inflation will continue to haunt us despite Fed reassurances. For investors Online Stock Trading Systems are also a very good option to ensure the growth. With the help of these systems you can earn regular income.

I believe locking in investments paying 6% or more today should prove immune to inflation-borne value erosion, if not volatility. Further protection can be built into a portfolio by the right choice of instrument and industry. Uncertainties and uneven growth in different sectors argue for staying diversified.

To increase your trading profit you need to change your trading techniques as well. No a days technology is very helpful for stock traders and there are so many trading systems are present in the market to increase your trading profit. Online Robotic Stock Trader is one of the best trading system of 2014. This system is design to avoid the loss from your stock trading and also provide you regular profit.

If you have any query related with stock trading or you want to take expert guidance just fill this simple Form or Visit http://onlineroboticstocktrader.com/contact-us/

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