Saturday, October 20, 2007

Are You Stock Trading Ready?

Stock trading is not for everyone. In order to be a good
stock trader you must first understand market fundamentals
and then build upon that knowledge to make good stock picks.


You must know how the markets move. You must know the
various indexes and how they perform. You must know how
different types of stock classes i.e. blue chips, small
caps, equities, etc respond to real world events.


You must understand how interest rates impact the various stock classes.


You must be able to recognize buy and sell signs. And this list
is just for starters.


In other words, stock trading is not for the naive and
inexperienced. Before you go and plunk down money in the
stock market you must know your stock trading ABC's or have
your lunch ate.


There are several ways to gain the education you need to
become a good stock trader. You can take a stock trading
course at your local community college or courses given by local
business groups. You can load up on stock trading books at
Amazon.com or from your local library and study them religiously.
You can attend stock investment seminars given in your local area.
And of course you can search the Internet where there is tons of
valuable information on the subject of stock trading.


But your best bet when it comes to stock trading maybe to
turn it all over to a professional. Good stock brokers
are worth their weight in gold. With a good stock broker you can
avoid the stock trading learning curve which is fraught with pitfalls.
Indeed, hiring a broker might be the best course of action because
stock trading is a serious business that takes no prisoners.


By: George Stark

Stock Trading Software

Sometimes, unbiased information provided by good stock trading software can prove to be very unhelpful in making an intelligent stock related decision. Stock trading software offers a reliable comparison of stocks and suggests the stocks to be bought or sold. Stock trading software is an indispensable requirement for short-term investors.


A variety of stocks trading software are available, leaving the choice open to the trader. It depends on the investment needs of stock traders, for instance, whether traders want to track their portfolio or research for new stock opportunities. Stock trading software provides traders with a range of fundamental functions like real-time stock quotes, as a result forming a stock-trading software package.


Various basic features provided by a stock trading software consists of settling on the price direction by offering the opening price in market, and helping stock traders earn profits by providing signs that indicate a breakout. Additionally, stock trading software assists in finding out the average price of securities with the help of moving average monitoring and alerts such as trigger motion that helps traders to reach specific price targets. Besides the above features, stock-trading software also provides stock traders with pattern identification.


When stock traders choose stock trading software, it is advisable that they take advantage of any free-trial options offered by providers. This will help traders in opting for the right stock trading software.


The services provided by stock trading software are commendable, though at the end of the day, consciousness, rather than emotions, are supposed to guide one's stock-buying choices. It is important for stock traders to bear in mind that irrespective of the stock trading software they make use of, stock trading is all about purchasing and selling according to their trading set ups. The clearer their set ups are, the faster they can make a favorable decision.


Stock trading requires traders to follow a closely controlled set of rules and tactics. Once these are mastered, stock traders can hope to replicate beneficial trades with uniformity.


By: Kevin Stith