Your Objective: become financially nimble .
Our Objective: Groom you with adequate knowledge and discipline.
The concept of investment had lost it sanctity.
TYPE OF TRADERS
Day Trading minutes to before day closes
Swing trading 2- 5 days – Lowest risk with highest gains
Position trading 4-8 weeks
Prices move in a cycle. Market never stop, only pause. Market is an unstructured entity.
STOCK MARKETS
NYSE is the largest stock market in the world. NASDAQ is the largest electronic stock market in the US.
“Market cap” is measured by an equity’s number of shares outstanding (shares available to the public not held by corporate insiders) multiplied by the price of a single share of stock.
Placing orders in 3 ways (soon)
INDEXES
Index DIJA – price weighted index of 30 American company NYSE composite Index – market value index with all NYSE issues. Standard & poor 500 – market capitalisation weighted index
- bench mark of American economy
NASDAQ 100 index – represented by its market capitalization in relationship to total market value of the index
Market movement
Think of how they attack
Bullish – upward trend – caused by greed
Bearish – downward trend – caused by fear
Setting yo business
How much time and money. Set ur goal. Broker Type of trader? Equipment – computer, internet
Slippage Order – filled at different rate.
Cure : limit orders
Margin account 50 percent margin
Your own money$25000, Broker lend u another $25000
Reasons for margin account
- more leverage, more money
- Sell stock short
Chasing a stock down [term] – refuse to admit the results, continuation of trade.