Trading Tips From Millionaire Traders

You might see the best trading quote on Facebook, or listen to some audio from a successful guru, but in the end they are not going to sit behind you and tap you on the shoulder right when you are about to make a huge terrible mistake.

So here are 3 trading tips from successful traders that can really help you find success fast.

1) If I have positions going against you, you can stay in, and stay wrong, but it’s not really about being wrong, it’s about how long are you going to stay wrong that will make or break you as a trader. Most of the big wigs on Wall St, or the smart traders realise that the stock market is not going anywhere. If a trade starts to go against them, they will get out of the way rather fast.

2) If a trade is working really well, then they will keep them. Risk control is the one of the most important things with stock trading, or being a stock trader and when you work that out the solution is rather simple. Get out and live to fight another day. There is nothing worse than to see yourself in a losing trade only to see that position get even worse. The reason is, you will always have a chance to get back in. There is no need to wish and pray for a losing trade to come back. 90% of the time it never will so always remember that.

3) Making money on the stock market is never about winning. No, it’s about how you control your losses. Money management is the most important aspect to all this. You will have wins, but when you lose, what will happen is that you might make $1000, but then the next day you lose $600. But remember you are still $400 better off, by clicking a few buttons. You need to admit to yourself, eventually you are going to take a loss. But the trading process is like two steps forward and one step back. But every time you take a step back and make a loss, ensure you are not erasing all your recent gains. That is called control and will ensure your account is always increasing.

When you are entering a trade always know where you are getting in, and where you are hopping out in case the trade goes against you. This is the easiest way to become a highly successful trader. And over the long run you will continue to make money over and over.

Trading In Share Market

Those Days have gone, when you paid a lot of amount in brokerage while you had traded in share market. But those days, very few brokers offered trading in share market. That time, traders’ trade in share market traditionally, like through stock broker, or they put orders on phone. There was traditional and typical software’s for trading operated by dealers in share market. You don’t had any stock tip that time. Now we have lots of share brokers who offer stock trading with zero brokerage plans to trade unlimited in share market.
Now you have so many software’s through which you can trade easily. Now there are so many stock market analysts which provide share market tips. Almost every company offer mobile trading, with this it is very easy to trade anywhere anytime. Online account investors have access to their accounts 24*7 although market hours (trading hours) are from 9:30am to 4pm. As long as you have access to a computer and the internet, you can take steps to manage your finances wherever you may be. There are some important things below which makes trade easy and affordable now a days:
Web Trading: now it is not mandatory to install software on your system where you required some specification like window7, 2 GB RAM, 150 GB hard disk etc. when you trade through web trading. In web trading you just type URL of website login page, put the credentials like UCC and password for login. After login you can trade as you trade in software. With web trading you can trade in desktop, mobile, laptop and tablets because now every company web platform developed on html5 platform.
Trading App: – Almost every companies have software on android platform, on ios platform and on windows platform. Now can just install app on your mobile and trade anywhere anytime. These trading apps require only 10 mb to 20 mb to install. As in trading software or in web trading, you can also get everything on mobile app like charts, share tips, back office, online fund transfer, market watch, portfolio analysis etc.
Full Services: – now every broker of share market is providing full services like share tips, fundamental reports, call n’ trade facility, fund transfer online, free trading app, free web trading, limits to clients etc. These services always offered to whom pay more brokerage for trading but now you can get full services with minimum charges that will be negligible for you.

3 Horrific Risks To The Stock Market

A number of events, analysts say, could quickly trip up the post-election surge in U.S. stocks.

“The market is wading through all the negatives of his campaign, and (economic growth) is what we are focused on,” she said. “But if history is any guide, the honeymoon always ends.”

Here are some of the possible events that could give investors pause:

1. Disappointment in Trump

The first test will likely come in January, when Trump is inaugurated as president and investors look for the government to follow through on promised tax cuts, infrastructure spending and deregulation. Hopes for those policies have spurred both the large-cap and small-cap indexes to record highs in the last few weeks.

“On some level, investors are flying a little blind – We are in many cases speculating about the details,” said Ron Temple, co-head of multi asset and head of U.S. equity at Lazard Asset Management.

It’s “reasonable to expect a bit of a pause as people realize we do not know the details of the tax plan,” Temple said, adding that he is generally optimistic on the backdrop for stocks.

Republicans will have control of both chambers of Congress as Trump begins his presidency, raising hopes that his proposals will be enacted.

2. A loss of momentum

As stocks have unrelentingly pushed higher since the election, traders have pointed to support from positive momentum in one of the best months of the year for stocks. A concern would be if an event triggers a turnaround in sentiment, especially as confidence has climbed to multi-month highs.

“Confidence is very, very short lived – If something occurs in the next couple months, we could see confidence wane quickly,” said Lance Roberts, chief investment strategist at advisory firm Clarity Financial.

The University of Michigan’s consumer sentiment index leaped past expectations Friday to its highest since January 2015. Citi’s U.S. economic surprise index has also been on the rise since late October.

“I do believe President-elect Trump’s goal is to grow out the economy,” Temple said. “Unfortunately the approach of negotiating via Twitter is somewhat the opposite of that tactic … I do worry that governing by Twitter is problematic, a sub-optimal approach to governing and (inspiring) confidence.”

Since the election, Trump has used Twitter to attack companies such as Lockheed Martin and to take a tough line on U.S. relations with China.

3. A rising dollar

Following the election, the U.S. dollar index jumped to its highest in more than a decade, raising concerns for U.S. firms that sell products overseas.

Stock Trading Made Simple

And finally I found the right solution, which is based on one word “SIMPLE”. So, I use simple trading strategies, and I have less stress and more profits.

Success of my simple stock trading also allowed me to earn money without need to be employee of any company. My trading is my own company. I can trade and make money from any place in the world where I am able to connect to the Internet. And I could spent a lot of time with my family instead on be in some boring office environment.

I also noticed that I do like sharing my ideas, analyses and simple strategies with other traders as this will only serve to help me to find the best stock pick much easier.

I try to put myself around traders who are very wealthy or who know a lot more than what I know, as their success, tips, tricks and techniques almost always pay off. I mean, if you wanted to learn how to juggle would you go to someone just starting, or would you go to someone in the circus and pay them, and tell them, that you want to be one of the best jugglers in the country and you are willing to practise night and day until you get there. Yes, hard work and determination is one thing, but what I am talking about here is smart trading gurus, always have a coach and always make huge profits because they are constantly learning from people better than themselves.

If you want to get good at this whole trading then, find someone who is wealthy and who is willing to give their time to you, and learn everything you can going on in their brain, their day to day rituals, and their secret strategies.

Stock Market To Melt Up

They do explain that the stock market right now is in what could be called a eighth innings of a nine innings move. This can be lethal, and leave investors behind, but it can also create panic and a bit rounding top pattern latter on.

There really is no reason to panic just yet, but this bull market seems to just keep chugging along without a care in the world. The reason melt up continues is that you get lots of novice investors who decide they are going to miss out and hop in, like lemmings one after the other.

There could be some choppy periods in the meantime. BofA’s year-end target for the S&P 500 is 2,300. It was just 30 points below that Monday.

It could be very rough and treacherous waters when Donald Trump gets into the White House. No one knows what he is going to do. You have a businessman, who has never been in politics or the White House running a country. That thought has investors very panicked and slightly on edge.

The positive sign to that coin is that he is going to fix real estate, after the sub prime mess, and he is going to boost fiscal spending and pump money into infrastructure and jobs. All the while he is going to keep the cheap jobs out of America. Will that work? We do not know, but we will soon find out. That is probably going to be a positive for companies on the U.S. shore. And if that is going to be positive for them, and earnings go up, that means the stock market is likely to go up alongside it.

A lot of the bigger hedges funds that did well in 2016 are positioned for the market to go up to new highs. Yet, the main concern with their constituents is that the stock market at the end of 2016, when Trump won the elections, went up too high and too fast.

As soon as Trump gets in, we will find out if he wants to play with the big boys, or just cry and tweet all day long. At the end of the day, investors like the notion of a TRUMP led country, especially those in the financial and loans industries. If that can get the boost they need, that will only start to spill over into other areas, and be quite modest for investors and the stock market.