TheTechnical Analysis Chart- Line Chart

TheTechnical Analysis Chart- Line Chart

Technical analysts look at the price charts to analyze the stock and to know when to buy and sell the stock. To plot the stock chart there need to be some price points. Continue reading to find the points:

  • The open is when the markets open to trade. This is the price at which the market opened
  • The high is the highest price that the stock went to in the time period
  • The low is the lowest price point till where the stock went during the time period
  • The close is where the price closed for a particular time period. This is an important price and you get to know the strength of the price at this stage. The closing price reflects the sentiment of the market

All these four points get plotted on the technical analysis chart to form a graph. The visual representation of the events of the market lets you take an informed decision.

The open, high, low and close of the market summarizes the trade completely. The chart displays the information and without a chart understanding, these prices could become very complex.

Theregularchartshowever does not work because of the plot just a single data point that is not suited for the analysis.

Charts used in technical analysis

The common charts that are used by technical analysts are the line chart, bar chart, and the Japanese candlestick charts. TheJapanesecandlestickchart is the most commonly used of the three because of its various benefits.

The line and the bar chart

The line chart is the basis of the charts and this chart uses only a single data point. The line chart only plots the closing price of the stock and dot is placed at each closing price. This is then joined to form a line.

So if the time period is 60 days then 60 closing prices are drawn to form a line.

The lien chart can be formed for various time periods. These can also be drawn for all the securities.

Line charts are simple to use and it just takes a glance to understand what the trend of the stock is. The disadvantage of the line chart is that the chart fails to give any additional details to the analyst. The line chart also ignores the open, high and low price of the stock.

The line chart is thus not used in the technical analysis because of its disadvantages. This led to another chart pattern that was seen as a better alternative to the line chart. This is the bar chart.

Understand The Assumptions That Technical Analysis Is Based Up On

 

Understand The Assumptions That Technical Analysis Is Based Up On

Technical analysis and fundamental analysis work differently. While the fundamental analysts are very concerned about whether the stocks are over or undervalued, the technical analysts do not bother about these. What technical analysts look for is the past data which is the price and the volume of the stock. They then analyze what information this data can give them that will let them analyze the future movement of the stocks.

There are some key assumptions, continue reading that technical analysis is based upon.

Markets tend to discount everything

This means that the technical analysts believe that all the information that is either known or unknown in the market is reflected in the stock price of the stock. This could be anything like say an insider who is buying stocks of a company or that there is some bad news about the company. Everything about the company is reflected in the stock price.

Why is not important- then how is

Technical analysts are not concerned about the why. They do not bother about why something happens or why did the insider buy the stock. All that the technical analyst is interested in is how the price reacts to the action of the insider.

The price always moves in trend

Everything major that happens in the market is because of the of-of trend. Thetrendisbasically what forms technical analysis. They believe that once a trend gets formed the stock prices will move in that trend.

History will always repeat itself

The price reacts in technical analysis and this happens because the participants in the market react to the news, in the same way, each time it happens. Thus when price moves in a certain direction once, it is believed that every time it will react similarly to the same event. Like suppose there is a downtrend then the market participants will sell in the market irrespective of how low the prices are. Human reactions do not change and this causes the prices to follow the same pattern each time.

Trade summary

As a participant in the market do you have to keep track of all the points where the trade was executed? No. You need to look at the different time scale charts to take trades. The market participant does not have to know the details of every different price point. All that he needs to know is a summary of the action.

Introduction to Bitcoin

World’s first cryptocurrency or digital currency is Bitcoin. It is also called “internet money”, “virtual money” or “digital cash”. Bitcoin is the currency that is virtually present but has value to it. So it is not an actual banknote or coin in your wallet but it is a digital asset in your digital wallet. It is not controlled or managed by any centralized system or is regulated by any government. It is decentralized.  The Bitcoin owners do not have account numbers, names or identification numbers linked in the system. It uses blockchain technology and cryptographic or encrypted codes to connect to its owners. It can be used to buy services and goods, but not every organization accepts it and is outlawed in few countries.

Because of the tremendous growth of cryptocurrencies, systems like Bitcoin Loophole have become an inevitable part of investor’s life. To know more about Bitcoin Loophole refer to the full report.

Bitcoin History:

Bitcoin was introduced as a Peer to Peer Electronic Cash System in early 2009 by Satoshi Nakamoto, an unknown person or group of persons.

How do Bitcoin works?

Bitcoin is a file stored on digital wallet app on your Smartphone or computer. All the digital wallets get a unique public address. This address is a 30 character long combination of number and letters. Owners can send or receive bitcoins or part of it in their respective digital wallets. All these transactions are recorded in a public ledger called Blockchain. Blockchain helps to keep the history of all transactions ensuring no one can duplicate, reverse the transactions or use bitcoins they do not own.

How do we get Bitcoins?

1) Buying: To buy Bitcoins we need to have a Bitcoin wallet. They are available on site like Blockchain.info or on mobile apps like Bitcoin Wallet for Android or iOS. Once we set up the Bitcoin Wallet we can buy Bitcoins using the traditional currency or the “real” money.

2) Selling: The best and easiest way to own Bitcoin is to ask the buyers to pay us in Bitcoins for the goods and services we provide.

3) Mining: Mining here means creating new Bitcoins using Computers. Extremely powerful and energy efficient computers are needed to mine the Bitcoins. In the mining process, the computers are required to solve extremely difficult mathematical calculations which keep on getting difficult in each step. When the mathematical problem is solved a new block of Bitcoin is created and the person/miner solving the problem owns the new Bitcoin. The process of mining was worthwhile earlier, but with recent advancements, it takes a lot of efforts, high-end computers and a lot of time (sometimes even years) to mine the Bitcoins.  Currently, there are 16.5 million Bitcoins and the maximum limit is 21 million.

Understanding The Importance Of Business Ethics

Understanding The Importance Of Business Ethics

We evaluate all kinds of factors when we plan to start a new venture and launch our business in the market. From ensuring the availability of funds to creating an informative website, all these aspects are dealt with appropriately so that there are no gaps later when the business hits the floor. However, the absence of some of the important traits in a business might actually have a huge impact on deciding the fate of the company. One of those essential aspects is ethics and morality.

What are business ethics?

Business morals and integrity basically comprises all the business rules and practices that might be related to matters like controversial subjects including corporate supremacy, insider exchange, corruption, discernment, corporate social responsibility and more. All these ethics are generally framed according to the law in the areas where the businesses would be functioning.  Otherwise, it also depends on the companies to create their own ethics that would suit the clients in a best possible way.

Why are business ethics essential?

It was back in the 1960s when people started to realize the significance of business as firms became more vigilant about the increasing dominance of buyer-based society and its related impact on the consumer environment. If spoken in terms of business ethics, then deeds and opinions are either wrong or right in a trade. There are no grey shades existing at all. All the practices done are to be according to the morals set for the company as that is exactly what the customers expect out of the deal. Ethics can be showed in different ways; importance mainly lies in its implementation.

If business ethics are upheld in a company, it is ensured that the kind of trust and support required between the buyer as well as the seller exists adequately. This implies that a person offering one service to a big investor should be offering similar service and dedication towards a small investor. These practices make sure that fair treatment is offered to the public and an unbiased attitude is kept towards the society.

Some appropriate lessons of business ethics can be learned from established and highly profitable companies like Ethereum Code. Such firms are living up to the expectations of their customers like a pro and have set outstanding examples for other start-ups too. You can find out more about this online crypto robot and see how amazing it is serving its clients without compromising even a bit in terms of integrity.

So, if you too own a business and are trying to figure out how to offer the most reliable services to your clients, remember that nothing else more than integrity and commitment is valued by the customers all across the globe.

Insurance And It’s Various Types

Insurance And It’s Various Types

Seldom have we known what the future holds for us, things happen that can disturb the financial stability in your life. We think we are prepared for situations like this but not always. We might face a situation where we need some financial backup. This is where the insurance comes in handy.  Insurance provides us with the most required financial support when other things are falling out. There are various types of insurances in the market but it can be difficult to choose the right one that suits your needs.

What are the different Insurance types?

There are many insurance policies for various causes available in the market. The main four types of insurance everyone should consider to have are:

1) Life Insurance: Many times it is only one person who is providing for his family, and if something life threatening happens to him the family is left behind without any financial support. Life insurance can support your family in case of your death. There are two types of life insurances:

  • Traditional Whole Life: This is the insurance policy you pay till your death.
  • Life Term: In this type of insurance policy you pay the installments for a set amount of time.

2) Health Insurance: Illness can cost a lot of money and sometimes without a strong insurance support we won’t be able to afford a lot of medical facilities. The affordable insurance policy is mostly the one your employer offers, but not all the companies have this facility. It can be difficult to find an affordable insurance policy without support from your employer, but it is important to have an insurance plan because the medical charges will be much higher than the insurance installments.

3) Long-term Disability Cover: We might face a situation where we are not able to work for a long duration. This could be because of various reasons like accidents, serious illness or permanent disability. At times like this, the long-term disability insurance can provide you with the financial support when you cannot go out and earn the money yourself.

4) Auto Insurance: Your car is also an important asset similar to your house. Without the auto insurance, the car owner may have huge expenses in case of an accident. Accidents not only can cause damage to your car but can be life threatening too. Auto Insurance can also safeguard your vehicles against theft, natural disaster, and spoliation.

Conclusion: Insurance can be expensive and need to put away some amount almost every month, but it can provide financial support in time of need. Apart from having insurance, you can also support your family with investments like trading.  Find out more about Ethereum Code on the link.

I am so glad that I documented my trading journey

I am so glad that I documented my trading journey

 

Ever since I have heard about online trading I have mixed feeling about it:

There have been times when I had nothing on me and my friends used to help me with small change. I used to wonder that if they do not work part-time and their finance back home is as good or should I say as bad as mine, how are they even able to save enough money to also have a surplus to aid someone.

Of course, this was never a guarded secret:

In the hostel in the university, every other student who could afford to have a personal smartphone or electronic device was trading in various derivatives. Some were handling stocks, some were keen on shares and some were into commodities like gold and silver.

A particular friend of mine was queerly making far more money than the others. On probing, he tells us that he is into cryptocurrencies or online currencies. These currencies do not have any form in the real world but they are very powerful in the virtual world.

So, it is a field with a lot of scopes:

Smith, my friend who was dealing in a cryptocurrency called the Ethereum was very confident that it would do very well. In a span of only six months, the cryptocurrency had a recorded growth of 300 times its original value. Smith thought that if the trend continues, there is so much scope that one can easily become a millionaire without having to do anything more than swiping their finger on the screen to trade it.

I was fascinated:

He introduced me to the trading world and also decided that I must document my trade journey in a blog. It was back then that I started with. Today, as I look back over the years and the journey of trading and trade blogging, I feel a deep sense of gratitude towards my friend.

I had started out on a program called Ethereum Code and fortunately for me, I am still on this very legit software because of its integrity and attitude for [putting their customer’s interests ahead of them!

Negative publicity galore:

A couple of weeks ago, I saw nasty reviews about this software. I know it is the work of someone who cannot see this portal’s integrity and is out to mud sling on its name. Any other person could have got provoked but I thought about the wonderful profits that I made over it over the years and smiled to myself. You can read and find out more about this fantabulous program from my blog the link for which is given at the bottom of the screen.

Strengths & Weaknesses of Automated Trading

Did you know that more than three-quarters of the stock shares that are traded on the American exchanges have its origin from the fully automatic trading systems? Automated trading systems are excellent tools wherein you can simply watch your money roll while you utilize that time for other productive purposes and await results. The automated trading software begins to execute trades on your behalf once it is programmed.

Automated trading systems are known by different alternative terms such as system trading, algorithmic trading, expert advisors (EAs), and even mechanical trading systems. Although it is known by many names, it has a single purpose of allowing traders to create specific rules that serve as inputs for every trade entry and exit. There are several automated trading robots that you can rely on for executing your trades such as the Bitcoin Loophole.

Here is a look at the different strengths and weaknesses of an automated trading system that will enlighten you more about this tool.

Strengths

  1. Automated trading systems operate based on predefined rules and hence there is no scope for the intervention of any human emotions that can prevent it from taking any rash/feelings-based decisions.
  2. Additionally, automated trading systems are inbuilt with a back-testing capability that allows users to test their strategies and trading rules using historical data even before they bet their money on real-time trading activities, thus preventing loss of money and allowing you to perfect your trading skills and strategies.
  3. Moreover, automated trading systems respond immediately to market changes, thus operates with great speed, which is required to seize every profitable opportunity.
  4. In addition, consistency is maintained while trading using automated trading software and does not link to any emotional feelings of the past win or loss history.
  5. Further, automated trading systems help an age-old trader to generate greater assured profits by allowing him/her to perfect the winning trade strategy.
  6. Lastly, automated trading systems provide traders with diversity by allowing them to open multiple accounts where they can trade using different winning strategies. This also spreads the risk evenly to different instruments.

Weaknesses

  1. Although automated trading software allows you to sit back and relax, some amount of manual monitoring is required in order to avert disasters that can arise out of missing trades, duplicated entries, connectivity issues, computer crashes, or any unpredictable market anomalies. At times even the best system can go rogue due to unpredictable market conditions.
  2. Sometimes a well-planned strategy will result in great profits online. However, if the same is applied to a live market, you may find the same strategy to fail miserably. Hence, it is always advised to trade with only what you can afford to lose.
  3. An automated trading system is a machine that constantly needs to be updated in order to stay ahead of the evolving market conditions. Therefore, you will need to rely on experts to update your software as per changing markets or else you will lose miserably.

 

 

 

How can automated trading affect the stock market?

The lure of the stock market is hard to resist for the novice and for the expert. The sheer experience of adrenaline rushing through your system as your brain works at breakneck speed to assimilate all the data, numbers and the possible repercussions is hard to beat. While that is the typical scenario in any stock exchange, with the advent of automated trading robots things have changed.

The dependency on automated trading systems has led to quieter floors with software and computer dealing in trillions of dollars every single day. Algorithms have started deciding how a day at the stock market will unfold. The ability of these inhuman machines is their speed to analyze and react to the opportunities that are constantly changing in the trading world. In fact, the dependency on these machines is so much that it is believed that more than half of the Sand P 500 companies trade using algorithms. On the flip side, the speed at which these machines trade often leaves many traders high and dry as they do not have time to react.

While there is no doubt that no human can match the speed of the robot traders it has been seen time and again that complete reliance on these automated systems can prove to be disastrous. Since these systems work on preprogrammed signals whenever the prerequisite is met in any stocks or bonds the systems will start trading which can lead to a freefall in the market. For example, if Dow Jones falls by 3% a particular system will be triggered to sell. The problem happens when several automated systems enter the stop loss criteria the market will be hit in a significant manner. In fact, it is believed that the recent vagaries in the market were the result of algorithm trading.

Analysts have stated that it must be the work of the machines because people don’t liquidate stocks so rapidly; they analyze and then take action.

While trading robots do have their drawbacks there is no denying that they are the future and we have to learn to deal with them like we are learning to accept the digital currency like bitcoin and Ethereum into our daily lives. In case, you want to try your luck in crypto trading then check out Crypto VIP Club. Is it a scam if you ask, you must find out for yourself after reading the review because in this field trust no one but yourself.

 

 

Simple Energy Resources Trading Related Terminologies

These powerful terms are a clear-cut indication of the effectiveness of energy resource trading and include

  • Sleeving: This is a transaction means by which a hostage party conducts the indirect type of trading with another party, who is unknown and cannot be fully trusted for doing trading. In such cases, an intermediate party is included by the hostage group, which has a good reputation, to conduct trade with the other party.
  • Allowance trading: This kind of trading is the center of attraction piece for the acid rain programs because these allowances are the currency received to purchase or trade almost all kind of sources related to the Sulphur dioxide emission. They do have a well-established and authorized unit with a utility factor to emit a limited ton of sulphur dioxide per year and can sell these products through trading. Further, they mount this trading money for purchasing more sulphur coals to generate more dioxide of sulphur and the process continues.
  • Flash-spread: This generally indicates the difference of price between the rate at which the generated electricity is sold by the concerned personnel and the quantity fuel of fuel used for generating this energy, accounted for equivalent units. Additionally, these are represented in terms of US dollars per Mega Watt hour. The flash-spread is obtained as the product of gas price and heat rate and dividing it by a thousand and reducing the respective electricity price from the obtained result.
  • Specific associated risk: This is the market risk involved in the security price which is always related to an individuals’ stock price market.
  • The process of speculation: This is regarded as a process opposite to the speculation means.
  • Spinning and non-spinning reserve: Spinning reserve can be described as the back-up of energy kept behind the energy production unit that is further made available to the long transmission distribution systems with a give notice period and with this power they continue to operate continuously for say two hours. On the other hand, the non-spinning reserve unit keeps on generating energy quantity that is brought online within ten minutes of offline work. They can be either operated or interrupted in between a minimum of two hours.
  • The real existing market: The Spot market type that is indeed a real-time commodity market set up for quick sale and distribution of energy and usually represent the well-flourished market for the natural gas generated while operating on a specific time period varying from a scale of days to week and for electricity where the scale matters to be as small as the case of a few minutes. The spot chosen for marketplace vary depending on the energy to be sold and the corresponding Ethereum Code trading infrastructure supports and even they exist online.

Wake up women and start investing

If you didn’t know this then it is time to wake up – on average women in America earn only 0.81 cents for every dollar a man earns. Compound that over your entire working career and you are looking at several hundred thousands of lost pay.

It is time women took the matter into their own hands and started looking for opportunities where the employers do not discriminate between the gender and pay according to the expertise and hard work.

While it might not be as easy to change a job or get the right opportunity you still have potential to change your future if you invest right. Thankfully, their is an equal number of choices for both the genders to invest profitably.

Some of the more popular choices are automated trading systems like the QProfit System which gives you an entry into the trading market and even with minimal or no knowledge you can hope to make some profit. The other popular options are mutual funds and real estate.

Tips to successful investments

Here are a few tips on how you can improve your finances with better investments.

  1. Identify your goals and the time frame you set aside to achieve them. Once this is established you can choose the right investment strategy. Remember your goals will be different from your neighbors and friends and hence what worked for them will not work for you.
  2. Save minimum 15% of your income for retirement; this is a greater need than probably buying a home. While you might still be young and retirement long way off, it is important that you prioritize your goals and save for long term.
  3. Women by nature are not risk takers, hence they tend to be more conservative with their investment plans. You can be safe and yet look at better prospects by having a diversified portfolio which will spread your money across several individual stocks thereby mitigating your risk while not reducing the chances of greater returns.
  4. Investments are not a one-time thing; they need to be periodically taken stock of. You must check your account status and know how your investment is doing and tweak it, if you must, to meet the changing ups and downs in the market. Be ready to change your allocations to keep up with the inflation and changing stock rates.

While you must not stop fighting for equal pay for both genders you can simultaneously secure your future with the right investments, after all, your finances are in your hands.