Tag: Traders

All traders related articles are found here. Educative, informative and written clearly.

Investing In The Forex Market

How to Forex investing? It isn’t a get-rich-quick scheme but it is full of potential to become wealthy

By Guy Avtalyon

Investing in the Forex market is growing and people from all around the world, especially from, India, are choosing to invest in Foreign Exchange markets, after the regulation of brokers’ work and their massive presence on the market.

In this regard, investing in the Forex market can be a good alternative for all those who want to make a high return on invested money.

Nevertheless, regardless of the many advantages of Forex, many investors are quite skeptical when it comes to investing large amounts of money. The reason lies in numerous myths, rumors, and misinformation that can often be found on the Internet, and they are referring to the Forex market.

In the shortest, it can often be heard or read that the Forex market is a dead end, an ideal place for losing money, a fata morgana in the desert, and so on.

For this reason, investors instead of developing the right trading strategies, are often subject to rumors. Hence, they do not make the right decisions or completely abandon or omit to invest in the Forex market.

On the other hand, there are completely different myths.

There are people who believe or have heard the myth that they can get rich overnight without one day of financial education. So they believe that Forex is the right place for that.

What is investing in the Forex market?

Someone would say, instant win with minimal or almost no investment. But this couldn’t be more wrong. It is true that behind any desire for quick rich is the lack of experience, the uncertainty, and the lack of a properly defined strategy. Success on the Forex market comes slowly, step by step, through education, practice, and only if it is based on realistic expectations.

Often another myth can be heard. The is investing in stock markets is nothing more than a pure game of happiness. This is certainly far from the truth and such myths are the result of a lack of financial education. Forex is not gambling. Anyone who has read something about the Forex market, if they really wanted, could easily understand the mechanisms of price formation on the market.

Here’s one myth more about investing in the Forex market. Money can be earned on Forex, but that means a lot of nights without sleep with a computer in front. And many hours of night trading on a trading platform.

That’s another untruth about investing in the Forex.

Any standardized financial education or course in this area will teach you to invest in a minimum amount of time. Practically, from the computer, you will only read the latest news. Making a strategy and making decisions is not something that is done every hour. It has a longer-term character. Not to mention mid-term and long-term investments, where you can almost neglect any day-to-day operations.

In the case of unforeseen news, whether good or bad, you certainly can make a change in the investment portfolio. But this is not something that happens every hour or every day.

Is Forex worth investing in?

Discipline is the basis of every success and it comes in combination with solid knowledge. It comes with a great role in patience and significant experience.

Successful investing in the Forex market is only a consequence of well-planned and executed trading operations.

That involves taking into account all important economic events, permanent informing, and essential understanding of price graphs.

Finally, for all those who do not have adequate education in this field and recognize Forex as a good place to invest, the first thing they need to do is find the right provider of financial education. They have to choose mentors and plan personal development goals. The mentor is one who will propose to you the appropriate type of training, course, etc. And that one will be your guide through the first practical operations.

The Forex market is a very complex mechanism. The undeniable fact is that it generates various controversies.

However, the main cause of these controversies is ignorance. If you want to take advantage of the opportunities for earning in this field, you must break all the prejudices, myths, and misconceptions surrounding it.

If you are dealing with a trader’s job, you will probably be interested in the so-called “Robo-forex” ie robotic/automated business on the forex market.

How to Forex investing?

In other words, can you actively trade without moving a small finger?
It’s possible but you’ll have to do something. You’re the one who has to give instruction, you’ll have to specify inputs. Then, how is it automated, you may ask?
It’s about a program called “The Forex Expert Advisor” (Forex Expert Advisor) and can be used within the Trading Platform.
This program works independently, although based on the instructions you specify. But it does not require your direct participation in the execution of trade orders or any other market activity.

So, robo-forex executes all tasks independently, meaning automatic.

All you have to do is set the target through an online trading platform that is linked to a broker server. Then the Forex Expert Advisor will start trading according to the given instructions. It is important to note that forex market experts are necessary as advisors especially if you’re a beginner. In this way, you don’t have any responsibility for decision making and, practically, you’ll trade without stress.

What’s more, in that case, you don’t have to be an expert or have a deep knowledge of technical and fundamental analysis. These jobs are contained in the Forex Expert Advisor Add-on – Trading Program.

So, this means that you can practically be away from the computer because your “advisor” will monitor and process all trade signals in case of your absence.
So, it’s possible to invest in Forex and trade this market with a little effort and engagement.

Forex as investment

You have often had the opportunity to hear that investing is not a sprint but a marathon.

This means that if you want to succeed in a tough business such as trade in financial markets, you will have to, among other things, spend a lot of time on it.

To run in the long run, you do not need the 500-euro sneakers. You can run in the old one. The point is that you can start investing in Forex even with a little money but you’ll have to do so in a way that is suitable for you.

The price is not the most important issue when you investing in the Forex market. The most important is to feel comfortable as much as you can. Because it increases the chances that your race will end successfully. So, take advantage of this growing market. And stay tuned, follow Traders-Paradise. You’ll find plenty of valuable suggestions and examples from real investing and trading.

4th January 2019
Artificial intelligence and machine learning we can apply on the financial markets
How can we apply artificial intelligence to the financial markets

By Guy Avtalyon

What is artificial intelligence and machine learning and can we apply it to the financial markets?
It took us 3 and a half years of research and development until we finally reached a point we can trust our software.

Obviously you can find all sort of information on the internet about machine learning and AI, like these articles on Wikipedia for example, but the concept is quite simple: You run an algorithm (there are many) on the set of data, and once the algorithm is finished, the software will know how to run by itself on new sets of data, even if it’s never been seen.

There are 2 types of algorithm methods –
1. Supervised – Similar to training a dog: if it does good you pet them, if it does wrong you scold at them. After a while, they will learn how to behave
2. Unsupervised – This is the most interesting algorithm out there. This means you give the algorithm a set of data but you DO NOT tell it what is wrong and what is good. It does it by itself.
So, can you apply those algorithms in the financial markets?

First, let’s start by learning a bit about how ML (Machine Learning) and AI (Artificial Intelligence) work and its purposes.

To create simple computer software, we need to insert some scenarios we want it to handle, we add the way we’d like the software to act, and let it run.

A “stupid” software will ONLY KNOW HOW TO WORK according to the scenarios we entered and taught it.

An AI software will take the same scenarios we entered and ways to behave we told it to, and will be able to do it NOT only on the ones we told it to but also on SIMILAR scenarios.

This is basically why AI and ML are the future in any way you can imagine – Because it’s not limited to what the programmer writes in the code, but also it can adjust and act to things that aren’t inside its code and also, over time, will be smarter in handling situations only by itself.

OK let’s go back a bit

Scenarios? Ways to behave? WHAT??

Say we got a lifetime doctor’s records of some people. They are anonymous, of course, because we don’t care who they are. We only care about their DATA.

Now we want to find something, like, maybe, can we find cancer disease BEFORE the person knows it’s happening – or in other words – Can we predict cancer?

We can check – are they the cigarette smokers? If yes, how many had cancer?

This has been the way until now.

You probably can already guess why it’s not merely enough.

If they don’t smoke – does that mean they won’t have cancer? We already know it’s not true.

And sadly there’s a variety of cancers to almost every organ in the human body (cancer is when some cells of our own body stop dying unlike the other cells and the body starts to attack them. Basically, nature makes our body suicide from inside).
So what can we do if we want to predict cancer?

It’s simple – We take into consideration as many parameters we can. Like:

Age, gender, place of living, place of working, family history, doctors’ appointments, and medical record, food and drink habits, etc.

Those are the objective data.

We need also subjective data such as happiness in life, the scale of pressure, type of person, etc.

Once we have ALL this data for every person, we need to do 3 things:
1. Check which one of the parameters can, in fact, be some kind of prediction to cancer
2. Run a statistics machine learning algorithm (like Naïve Base)
3. Use the results to solve a worldwide problem
We wish, right?

Now we get on to the problems of artificial intelligence (AI) and ML:
1. Data
Data is extremely difficult to collect, and then to manipulate. In our example to get these data, we need to cooperate with medical services to get their clients’ data, create a questioner, and send it to all the clients and analyze the data. Though there is such cooperation around the world, it’s still not easy to also get subjective data.
1. Analyzing big data
Big data has become a known word around the world.

There was a time companies said they work with big data and clients threw the money at them.

But it’s not that simple. Every data you add for the algorithm to learn from – increases exponentially the time for the software to analyze…

Inefficient software may take a very LONG period of time to run.

Funny personal anecdote, our first AI software we developed to learn how to predict price changes in the stock market looked so genius at first, but after we started running that artificial intelligence and measuring the time it will take to finish, we saw it will take no less than 27,000,000,000,000,000 years from now(!!) Obviously, we couldn’t wait, and in future articles, I will explain how we lowered it to only a few hours running time.

Let me give you an example of the difference between Big Data and just simple data with a game:

I chose a number between 1-1000. You have to guess which one is it. But there’s a catch – you need to find the number in as little time possible. How would you do it?

Think about it for a second.

Got a solution?

If you guessed that you should ask me “Is it higher than 500?” and then according to my answer (If I chose the number “990”), the answer is yes. Then your next question will be “Is it higher than 750″… You get the point.

That’s easy, right?

What if you got a number with 80 digits? Then it might take a long long time until we break this number, maybe even months. And that’s only one running time. What if we need it to create strategies for trading and investing and we need it to go over millions of possible strategies?

It will take a lot of time.

As humans, we can’t really comprehend really big (or small) numbers. Like these two questions, I like to ask people once I talk about large numbers.
1. If 1 million seconds is 12 days, how much time is 1 billion seconds?
2. And, if your salary is $100,000 each month, how long will it take until you reach 1 billion dollars (say you can save all of it each month)?
You can easily calculate it, but it’s an intuition question, not a math one. Think for yourself, what’s your intuition answers are? The answers will be later on in this article.

So we’ve talked about what’s machine learning algorithm and a bit on big data problems.

Now, can we apply artificial intelligence to the financial markets?

In short, yes.

But it’s easier said than done.

It took us 3 and a half years of research and development until we finally reached a point we can trust our software.

Because other than the ML and big data problems, we face a whole different problem in the field of financial markets, since they act like in a chaotic environment it makes predicting a lot harder.

And, (and it’s the most important and) because of the spread whenever you enter a position you face an average of 56% against you.

That’s probably the time to say there are two kinds of players in the financial markets:
1. Investors – They invest their money for years ahead and they gain the average rate the market makes (around 8% a year). By the way, according to decades of studies, there’s one stock that if you’re an investor you should put all your money on, and that’s the S&P500 stock (Symbol SPY). In another post, I’ll prove this fact.
2. Traders – They usually use time limit (options) or profit/loss lines (if it reaches +X get out with a profit and if it reaches -Y get out in a loss)
We are on the traders’ side.

We want to gain more money, faster, and more chances of getting out in time.

But unlike investors who buy now and then forget about it, as traders we must beat not only the commissions our broker offers us but also the spread (the difference between the lowest price a seller is willing to sell and the highest price a buyer is willing to buy). The spread is usually set by the broker and it’s one of the best ways for a broker to gain profits.

So, we also know that like in gambling the house always wins, so as in the financial markets – the broker’s always gaining profits.

Back to our financial algorithm – we found a broker service that lets us collect the financial data, and we’re saving it. Now, we need to analyze it to find patterns. But how?

In an everyday changing environment, how can we rely on anything?

We solved that problem by relying on our algorithm on behavior analysis. We figure that even though the market can change, the forces that control it (the investors and traders) will stay the same (Obviously, they change too, but way slower).

So we’re talking about collecting on average millions of data and parameters a day for each stock. Once we try to collect 1000 stocks for a few years time you can imagine how much data is inside, so it’s just a matter of creating a super-fast unsupervised machine learning algorithm with only one rule: The most money you can make is the better – and let it run and find the best way to trade by itself.

Creating artificial intelligence

In conclusion, it is possible to create an automatic software or some artificial intelligence to trade for you in the financial markets, but it’s EXTREMELY difficult. You need to overcome many problems in serval fields in order to do it. And after you do it, it’s unlikely that you will let anyone use it.

But we’re different. We will let our subscribers use our algorithm for free, just to have a sense of how it works.

Subscribe now to get more information about artificial intelligence in the financial markets and to get informed once our algorithm is ready for outside users.

Our software will let you choose which assets you want to buy, and when – and it will tell you when to get out. Simple, yet important.

By the way, the answers to the question before are:
1. One billion seconds are 32 years
2. It will take 830 years to gain one billion dollars if your salary is 100K per month
Was that your intuition?

Sign up below to our newsletter for a free test drive on our trading algorithm! Find more about artificial intelligence.

Top Image Credit: Photo : iStock/MF3d
25th November 2018
Stop Loss Order – What is It?

2 min read

A Stop Loss is a type of closing order to automatically close a trade once prices hit a specific level in the market, normally for a loss It is one of the most popular tools for traders to minimize their risk

A Stop Loss order is automatic – so you don’t have to manually monitor your positions. This provides a certain level of control and comfort.

Experienced traders will testify that one of the keys to achieving success in financial markets over the long term is prudent risk management. Utilizing a stop loss is one of the most popular ways for a trader to manage their risk, around the clock.

What is a Stop Loss order?

A stop loss is a type of closing order. It allows the trader to specify a specific level in the market where if prices were to hit. The trade would be closed out by systems automatically, typically for a loss. This is where the name Stop Loss appears because the order effectively stops your losses.

In simple terms, Stop-Loss is an automatic order to buy or sell an instrument once its price reaches a specified level, commonly known as ‘the Stop Price’. The order is executed automatically, which saves you having to constantly monitor your deals. It also serves as protection from excessive losses.

When it comes to a market as volatile as a cryptocurrency, the hardest part is to reduce your losses. Many novice investors have quickly learned the importance of controlling losses. Some may have, sadly, had to learn it the hard way.

A stop-loss order is an order placed with a broker to sell a security when it reaches a certain price. They are designed to limit an investor’s loss on a position in a security. Most investors associate a stop-loss order with a long position. But it can also protect a short position. In this case, the security gets bought if it trades above a defined price.

How does a Stop Loss order work in practice?

The concept of a stop loss is quite flexible in terms of application in practice. In fact, there are a variety of applications to the concept of stop loss. Firstly, you can use it to keep a check on the risk of your trading positions. This is the basic role of a stop loss. Secondly, you can also apply this concept when the stock price is rising and use the concept of stop-profit or trailing stop losses to constantly keep upping your targets with inbuilt risk management.

The price at which a stop loss order is placed is a personal decision and depends on the trader’s risk tolerance. Traders should consider not setting their limit too low. Doing so would result in the orders getting filled too fast, even with normal market volatility. The price at which stop orders are placed should allow room for a currency pair to rebound in a favorable direction while providing protection from excessive loss.

What this means is that stop loss is not meant to eliminate all risk. The price should be set far enough into the ”loss” territory or at a place from where a return to profitability for that trade seems unlikely. A Stop Loss helps to manage your risk and keep your losses to an acceptable and controlled minimum amount.

How to set up a Stop Loss order

Setting a Stop Loss order is very easy. When you open a deal, you will see an option to ‘Add Stop-Loss’. Simply choose an amount you are willing to lose on the specific deal. Alternatively, set an exact in which the deal will automatically close.

The real challenge with Stop Loss is figuring out which rate to set, but with a bit of practice, you will discover that automatic orders are extremely useful.

Do stop losses provide complete protection?

They are one of the best ways to ensure your risk is managed and potential losses are kept to acceptable levels. Stop losses orders are great and can assist in a variety of ways including preserving your money, preventing your position to become worse or for guaranteeing profits. But they don’t provide 100% security.

They protect your account against adverse market moves, but they cannot guarantee your position every time. If the market becomes suddenly volatile and gaps beyond your stop level it’s possible your position could be closed at a worse level than requested. This is known as price slippage.

The advantages and disadvantages of the Stop Loss order

Novices will just bump the keyboard and hope their money is still there tomorrow. But not you. You’re ready to make some smooth love to the charts. Stop Loss order is an extremely important tool for traders. Experienced traders understand that Stop Loss orders are not a perfect solution. They should be used carefully because they can also limit potential profits by effectively closing a deal too soon.

The advantages: Stop order offers protection from excessive losses and enables better control of your account. It helps monitor multiple deals. Stop order is executed automatically, at any time and it’s easy to implement. And allows you to decide what amount you are willing to risk.

The disadvantages: Stop Loss order could result in deals closing too soon, hence limiting profit potential. Traders need to decide which rate to set, which could be tricky.

The bottom line

Having a losing position is certain, but you can control what you do when you are caught in that situation. The ultimate goal for online traders is to take advantage of price changes in order to profit. By carefully using Stop Loss order you can both minimize risks and maximize your profit potential.

Risk Disclosure (read carefully!)

8th November 2018
Investment Opportunities – How To Identify

It isn’t easy to find investment opportunities and anyone can fall into many traps while seeking that. Here is how to avoid them.

By Guy Avtalyon

Someone would say: We all know the basic words to successful investing: Buy low and sell high. But it isn’t so easy to find good investment opportunities.

What else or different you can tell us?

First of all, I have to tell you that investors need to have rules.

Otherwise, the common saying can be difficult to perform, especially when many of your friends and colleagues are doing the opposite. If you don’t have a solid structure and order you are predestined to fail.

Investing or trading is like a robotic work, without emotion and always strong adherent to your rules.

You can find more and more investment opportunities opening themselves up to the investors. But not all of them are good investment opportunities. In fact, so many opportunities have drawbacks. First, you can be confused and may not pick the right one. Second, you might want to pick too many. That is dangerous per se. You can end up running like a headless fly, monitoring too many stocks, with investing more than it is reasonable. Hence, you may neglect something very important for your investment goals and financial security. The consequence easily could be your empty bank account or you’ll end up in debts.
The following are things to look for when finding an investment opportunity. If some investment opportunity has most of these things or all of them, you are looking at one that is likely to bring you wealth.

For example, if you don’t see yourself owning stock in a company you are looking for in the next ten years, then you should stay away from investing in that company. Most of the money made in business investments come from owning stock in the company. Investors are leaving it alone until the value rises and reinvesting your dividends versus rapidly buying and selling your stock in a business. That is the so-called long-term viability.

You have to measure the risk involved in a market investment against the potential reward. A good ratio is one to three. After that, you should set up a maximum acceptable loss.

What is the first rule of investing?

BUY LOW!

Determine the baseline value for an investment or trade, and wait to buy it until the price is below what is reasonable. When the stock market declines and other investors panicked and start short selling, that is the best time to look for buying opportunities. Ideally, you want to purchase an asset after the price falls significantly, with the expectation that it will rise again in the future and produce a good return.

All rules of investing

The second rule of all investment is to SELL HIGH!

After the price rises dramatically it is time to consider selling an asset. This is often a time of stock market growth when many people are impatient to buy into a rising market. When some investment shows significant gains, this is the ideal time to cash out and lock in your return. You could gather the income into a secure investment or look for a new underperforming asset and try to repeat your success.

How to find investment opportunities?

The golden rule is to LEARN FROM YOUR LOSSES! Yes!

In trying to buy low and sell high, you are forced to make some mistakes. If it is easy to buy low and sell high, everyone would do it. Try not to lose sleep over it or give up investing altogether when you lose money on some investment. Maybe you just have to take a break for a while and later capture market returns with an index fund. Or you will learn to more carefully research investment before putting more than you can luxuriously afford to lose on the line. Your fears can’t be the limiting factor that mutes your potential. Let that storm be the fuel that moves you to success.

Where to find investment opportunities?

Use your fear to produce better outcomes!

You should have a list of the investments you have made in the past. Think about what you could do to produce better outcomes in the future. You can get colossal insight from physically writing down outcomes you would like to avoid. That can prevent you from making emotional investment decisions. If you have a financial planner or adviser or someone else who will look over your investment ideas, that adds gravely deeper layers of reliability and responsibility.

You have to have a plan to avoid later regrets!

Of course, that large loss can cause you to regret because of bad investment decision. There’s also the regret that comes from watching other investments got wings. When you have a good plan of inventorying and you analyze your investment options often, that can help avoid a negative result. Writing it down makes it easier to stick to a plan.

Ultimately, investing is about finding the lifestyle that you want to live. So, you can’t do that if never find good Investment opportunities.

Choosing wisely may produce enough wealth to allow you to retire sooner or walk away from an annoying job. All you need is to use logic and stick to a financial plan to successfully build wealth.

31st July 2018
How To Use Trading Platforms To Trade Or Invest

2 min read

You are interested in investing but don’t know where to start?

Online stock trading sites make it easier than ever to learn and invest in the comfort of your own home.

Online trading is the process of buying and selling financial instruments over the Internet.

With the introduction of the World Wide Web, almost all transactions can be carried out. Just with using a computer, including stocks, currencies, options, and futures.

The best way to start trading or investing is to use some of the platforms.

First of all, what is a ”trading platform”?

It is a software thanks which investors and traders can open, close, place trades, monitor accounts. And manage market positions through a financial intermediary.

Online trading platforms are often offered by brokers. Either for free or at a discount rate in exchange for keeping a funded account and/or making a specified number of trades per month.

Trading platforms come packed with real-time quotes, charting tools, news feeds, and even premium research.

Platforms may also be particularly created for specific markets, such as stocks, currencies, options, or futures markets.

When deciding between trading platforms, traders and investors should consider both the fees involved and features available.

So, you have to check a lot to find which one suits you the best.

Criteria for the best online trading platforms

There is no one best online stock broker because each one has different strengths and weaknesses.
It’s a thunderous time for online brokers. The players are mainly the same, but between significant cuts in commissions and a few major acquisitions, the competition is fierce.

Our mission is not to spotlight one or two or maybe five. We want to help you to learn how to use the chosen one.
And how to find the best one for your investing style.

New age platforms offer you advanced, unique features that can actually change the way of use to realize online trading.

The best online platform offers a mixture of functional usage combined with ease of use. It is here to help the investor in executing trading or investing. And to do it most effectively by utilizing strategies to maximize the return.

Most of the platforms have the equipment to analysis. And strategy and testing feature to test all buy and sell rules.

With a click of your mouse, you can access strategy reports with simulated results like profit versus loss, the annual rate of return, etc.

On them, you can modify your trading strategies without making losses.

The best trading platform should provide strong support to handle the transaction of heavy data and information traffic.

The trading platform connects your monitor to the markets. And ensures that you get the execution prices on every order type available without any slippage.

The trading platform always comes with fully automated real-time online streaming data from the market. In order to take advantage of the liquidity of the market.

A trading platform must offer more than one type of account either standard, institutional or mini.

The platform should come with different operating packages. It must have software to provide firewall protection. Of course, to preserve the security and integrity of your trading.

So you can perform your trading from home, office, laptop on the go or even from an internet cafe with equal simplicity.

The best online forex trading platform will make possible you to use the system without downloading any program. That kind of platform offers perfect mobility to the traders or investors.

The best platform should offer:

– Performance, Security, Simplicity, and Transparency
– Without slippages and without requites
– Prompt execution with the unlimited transaction amount
– The flexibility of placing complex orders including emergency orders
– Technical analysis for all accounts, demo or live
– Real-time margin and position monitoring
– Valid market news and an economic calendar
– Permanent margin requirements in all volatile market condition
– Spread on all major currency pairs with new trading technology
– Real-time charts and technical analysis based predictions with great visual representation
– Trading history and print out any reports

Mobile platforms

With advanced mobile platforms, you can operate even when you are away from your computer. It enables you to access and trade your forex account from anywhere with your mobile phone.

These platforms have easy to use interface and you can easily move from one screen to the next. You can place market and orders with simple steps and can have full reports including execution and open order.

Take care about costs.

So you have to spend a lot of time balancing price with what each platform offered.

Cost per transaction – Commissions are typically an investor’s biggest cost base. Many trades for as low as $4.95.

No matter what the price, transparency is key. You would like to see affordable pricing structures that were locked in for the long haul.

Costs for data, research, and tools – The best trading platforms have built quality market data like real-time quotes, educational resources, and stock-screening tools.

Some totally free of charge.

Account minimums – It isn’t fun to see your capital is getting smaller due to a tough market or bad strategy.
Even worse if you’re dinged by your broker’s minimum account balance requirement.

The bottom line

Put your trading skills to the test with some free demo account.

Submit trades in a virtual environment before you start risking your own money. Practice trading strategies before you’re ready to enter the real market.

Compete with thousands of traders and trade your way to the top!

Risk Disclosure (read carefully!)

17th July 2018
Trading Stocks Platform – How To Find The Best

2 min read

(Updated October 2021)

The best trading stocks platform must be available from the beginning of the signup process.

Trading stocks platform is simply software for trading, it’s a kind of online broker. It is very important for any investor. And the most powerful tool in your hands. Every trader has it’s own investment style of trading. An abundance of brokers’ offers allows individuals to choose what best fits their needs.

If you’re an active trader looking to try your hand at beating the markets, you probably have a good idea of what you want from a brokerage: low costs, premium research, innovative strategy tools, and a rich with features trading platform.

This era of trading stocks platform makes the world as high-risk/high-reward investing accessible to the wide public. Profitable investing takes time and hard work. It also requires you to use the best trading stocks platform that fits your investing goals, educational needs, and learning style.
If you are new investors, selecting the best trading stocks platform can make the difference between a great new income stream and an inevitable frustrating handover.

You have to know one thing, there’s no sure-fire way to guarantee investment returns. But there is a way to set yourself up for success by selecting the right trading stocks platform that best suits you. I’ll try to show you all the important things you should be looking for in your ideal brokerage on your path to find the best online broker.

For a starter, take a moment to focus on what is most important to you in a trading platform, before you start clicking on brokerage ads. You’ll be surprised!

Recognize your needs when choosing a trading stocks platform.

You must know them.

If you are a novice, you may prioritize things such as basic educational resources, large glossaries. Also, you might prefer easy access to support services. Maybe the ability to have practice trades before you start playing with real money is more important to you.

For example, an experienced investor, possibly someone who executed hundreds of trades already but is looking for a new trading stocks platform. Such will prioritize advanced charting capabilities, conditional order options, or the ability to trade derivatives, mutual funds, commodities, and fixed-income securities, as well as stocks.

And you have to be honest with yourself about where you are right now in your investing tour and where you want to go. Do you want to try your hand at day-trading but don’t know where and how to start? Maybe you like the idea of tailoring your portfolio, or you want to pay a professional to provide it done right?

For now, I suggest you start with this crucial deliberation as a way to determine which of the brokerage features would be the most important to you.

To help yourself to find and use the best trading stocks platform be honest when you are answering these questions.

a) How much do you already know?
b) What kind of trades will you want to execute?
c) Are you an active or passive investor?
d) What kind of help do you need?
e) Define your goals

Be brutally honest with yourself about how much time, energy, and effort you are willing to put into your investments. Your answers may change over time, no one can anticipate all their needs and goals for the rest of their life. Just start with where you are right now.

Pay attention to several things while finding the best trading stocks platform

* Does the brokerage website offers two-factor authentication
* Do they clearly explain how they use encryption or “cookies” to protect your account information and how they work?
* Try searching the web for reviews of the brokerage, using keywords like “insurance claim”, “fraud protection”, “customer support”, “chargebacks”, “easy withdrawal”
* Will the company reimburse you for losses resulting from fraud? etc.

And then test it!

Every brokerage should have a decent description of what kinds of tools and resources it is trading stocks platform offers. But sometimes the best way to evaluate platform quality is to give it a test drive. For brokers that allow you to open an free or demo account. It might be worth the effort to go through the signup process just to access and test the trading platform.

9th July 2018
India’s Top Court Refused To Lift Ban On Cryptocurrency Exchanges

1 min read

India’s top court has refused to grant any interim relief to cryptocurrency exchanges against the Reserve Bank of India’s (RBI) crackdown on them.

The RBI had directed all banks to wind up within three months any existing banking relationships with virtual currency exchanges and traders, was the decision on April 05. The ban kicks in from July 06.

In May, India’s top court had set the next date for the hearing of the case on July 20, two weeks after the ban would come into force. But the Internet and Mobile Association of India (IAMAI), which counts bitcoin exchanges as its members, subsequently approached the court for an early hearing, which took placed on July 03.

India’s Top Court Refused to lift

“This a win for the RBI and a big blow to virtual currency exchanges and traders. In our earlier request to the RBI as well, we had asked it to extend the deadline by a month after the July 20 hearing,” said Rashmi Deshpande, associate partner at Khaitan & Co.

Khaitan & Co is a law firm representing Kali Digital Eco-Systems, an Indian exchange planning to begin operations later this year.

“However, now that the ban will continue, the banking route for the exchanges and its users will be completely choked,” Deshpande added.

On May 17, during the previous hearing, the apex court had asked these exchanges to submit their representation against the central bank. The firms had engaged with the RBI during the last week of May and early June.

“We had submitted a detailed presentation that could have given RBI a clearer picture of what is blockchain, how the exchanges work, etc. But we hadn’t heard back from them yet,” said Nischal Shetty, founder, and CEO of WazirX, another Indian cryptocurrency exchange that has challenged the ban. “Today, the (India’s) supreme court has also directed the RBI to respond to those representations made by the firms in the next seven days.”

Focus on Bitcoin and Blockchain

The Narendra Modi government is in the final stages of finalizing the draft regulation on bitcoin and other currencies, according to a senior government official. That’s why despite India’s top court upholding the ban, the exchanges are hopeful.

“We have prepared a draft (on virtual currencies) that entails what parts of these businesses should be banned and what should be preserved. This should be discussed by the first week of July and we should wrap this up within in the first fortnight of July,” said Subhash Chandra Garg, secretary in the department of economic affairs, who is heading a committee on cryptocurrency regulation, told television news channel ET last month.

What to say?

All eyes are on the government and the next supreme court hearing on July 20. We will see. The truth is only one: crypto is spreading and nothing can stop that!

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Risk Disclosure (read carefully!)

9th July 2018