Trademonster

Free Trading Education & Practice in Real Time

Free Trading Education & Practice in Real Time

Do you Need Real Time in Your Online Trading Account?

A new trader should prepare him/herself by training in a demo or paperTrade account which allows him/her to execute trades in the market in real time without investing from his/her own pocket. With the advancements of the latest internet technology, many people around the world are gaining access to online trading platforms via their computer. The availability of high-speed internet connections at home has increased the popularity of trading online. Anyone with little or no knowledge of trading can start to learn by using demo / paperTRADE accounts and become an expert on the systems in no time. Earning money from trading using the internet has become very easy and risks reduced if you know how to do it properly.

In order to become a successful trader you need to take it seriously and practice hard with a paperTRADE account, study the experts, watch video tutorials and read educational materials. Its best if you can get all these in one package as it simplifies your learning and keeps a coherent voice in the teaching.

Seems good, but where can I find them?

Well, if you search on the web for the term paperTRADE account you are very close to it; in fact, just one click away. Just click, register for a free, no risk account and start paperTrading in the real market using preloaded, practice money in your account. The money is preloaded (,000 of fake dollars) by the system, not from your pocket. So don’t worry, trade as much as possible :). You can learn from many video tutorials, live support webinars and written education. The system even has built in help at every step, just click on any “?” in the system to learn more about that specific feature.

While there are many online trading platforms offering these type of services – free trading accounts – very few offer real time market information and execution. When it comes to education to help you Learn to Trade Options online training manuals there are archived webinars, written courses and more available for anyone interested in starting to trade or one who is already experienced but wants to refresh themselves on the latest trading features or delve into more complex strategies.
There are also many Trading video tutorials made and uploaded on youtube by experts. These are excellent places for you to start getting yourself ready for trading in the real market.

It is necessary for new traders to learn the trading basics properly if they want to save themselves from losing their hard earned dollars.

So if you are serious about trading, and not willing to end up losing your hard-earned money, you MUST start with a paperTRADE trading account, follow the simple instructions to register, watch the online videos and read the many tutorials to be ready to practice trading using the online trading platform. Where else can you get a feel for the market using ,000 and not have any risk?

Experts say, Practice…….Practice…….Practice! Learning to trade is no exception.  Don’t risk real money before you are comfortable with a trading platform, or even more…an idea!  Put your thoughts and strategies to test before entering the market with your hard-earned cash. It is that truth and simple.

 

Online Stock Trading and Option Trading can be risky for a new investor. Many firms offer practice accounts that should be used to test these strategies.

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Be the first to comment - What do you think?  Posted by admin - September 7, 2010 at 7:16 pm

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The THREE Must HAVE Pillars of Trading

The THREE Must HAVE Pillars of Trading

These three pillars are

 

i. The Psychology of Trading
ii. Money Management
iii. Trading Strategy

Let’s see how these essential pillars affect a trade:

 

i. The Psychology of Trading: The controller here is the mind. In trading everyone must be mentally very strong and capable of controlling emotional responses during trading. It applies when a trader in a condition where he losses certain amount of trading money or when a market drops. An expert trader knows how to find solution in any condition of stock market. He executes a trade when there’s possibility of profit from a running trade. Many people let their trade run on so-called autopilot software. Actually it is not true. Software helps traders to research current market and decide what to do. The greatest decider is the trader himself. It is a psychological game that traders play when trading in real platform.
ii. Money Management: Management of trading money is the most critical components of any successful trading plan. Many traders overlook this matter. If you fail to properly manage your risk, your odds of making money over the long-term will be diminished greatly. It is always important to have proper knowledge in managing money, especially in trading. Setting Stops, Position Sizing can help trader saving money with a minimum profit but saving from loss. Stops options are important when the trade move towards wrong direction. In fact everyone has a limit to amount of money one can handle in trading. One might have consistently made profit handling a capital of 10,000 dollars very easily but may not be able to make the same when it comes to an amount of 50,000 dollars. The risks increase when capital becomes bigger. One needs to gain enough ability before jumping into trading with larger capital.
iii. Trading Strategies: The Strategy of Online Trade bring all terms of trading together. All traders focus on their strategies before starting a trade online. Strategies are the backbones of a business. Seek Strategy considering all aspects into trading, set your goals and investments for each trade you are going to perform before you trade. Some online tools helps to do all research and set a strategy. You can take the benefit by using them during the initial setup of trading.

Online Stock Trading and Option Trading can be risky for a new for a new investor. Many firms offer practice accounts that should be used to test these strategies.

Be the first to comment - What do you think?  Posted by admin - at 3:44 pm

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Is this a good time to invest? How should I invest?

Is this a good time to invest? How should I invest?

The thing there is no right or wrong time to invest in market. Your investment decision should depend on the price of stock and strength of the stock. There is no exact definition for right stock. . Investing in companies whose stock prices are currently undervalued but the company has good growth potential in future would be called as investing in undervalued stocks and generally advisable.

Following are couple of ratios to find undervalued stocks but to take decisions for investment further analysis is important and these ratios don’t provide all information.

Low Price to Earnings (PE) ratio

PE ratio is one of the most important ratio on which most of the traders and investors keep watch. The PE ratio tells you whether the stock’s price is high or low relative to its earnings. The high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. but, the P/E ratio doesn’t tell us the whole story of the company. It’s more useful to compare the P/E ratios of one company to other companies in the same sector/industry and not in different sectors. PE ratio of less then 10 is generally considered as undervalued provided it has future growth potential. And in some scenarios PE of 10 to 15 can also be considered provided the company has high growth performance in past and expecting same in future. Generally stocks bought below 10 and kept invested for long term given more great returns.

Low Price to Book Value (PB)-

Basically PB ratio is mostly utilized by value investors to find real wealth when the stocks are at their lower prices. So investing in stocks having low PB ratio is to identify potential candidates for future growth. A lower P/B ratio could mean that the stock is undervalued. Book value – It is the total value of the company’s assets that share holders would receive if a company closed down. Like the PE, the lower the PB, the better the value of the stock for future growth. Some of the investors become quite wealthy by holding stocks for the long term of such companies whose growth is based on their businesses instead of market. If the stock’s price to book value is below 1 then it is considered as undervalued.

Earning Per share –

EPS shows how the company is profitable and growing. EPS of a company should keep increasing year after year. So the conclusion is to have a look for the past 4 to 5 years EPS and check the consistent incremental growth in the ratio.

Above three are most widely used ratios but decision based on only above is not advisable.

Experts also suggest opening multiple accounts because different accounts offer different kinds of specials. For example TradeMonster rates for Options Trading is exceptional, on the other hand TradeKing offers one of the cheapest rates for Stocks trading. Incidentally both of them have specials going on currently for new accounts. For more details on how to select a brokerage firm for your needs, check out Finding The Best Online Discount Stock Brokers

CompareBroker.com aims at helping Traders (Stocks, Equities, Options, IRA, Mutual Funds) to make smart investing decision in stock market. We partner with different online stock brokers and bring out their value proposition to consumers for a fair comparison.

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Be the first to comment - What do you think?  Posted by admin - at 11:01 am

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Should I Start Investing Now in the Stock Market?

Should I Start Investing Now in the Stock Market?

The thing there is no right or wrong time to invest in market. Your investment decision should depend on the price of stock and strength of the stock. There is no exact definition for right stock. . Investing in companies whose stock prices are currently undervalued but the company has good growth potential in future would be called as investing in undervalued stocks and generally advisable.

Following are couple of ratios to find undervalued stocks but to take decisions for investment further analysis is important and these ratios don’t provide all information.
Low Price to Earnings (PE) ratio –

PE ratio is one of the most important ratio on which most of the traders and investors keep watch. The PE ratio tells you whether the stock’s price is high or low relative to its earnings. The high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. but, the P/E ratio doesn’t tell us the whole story of the company. It’s more useful to compare the P/E ratios of one company to other companies in the same sector/industry and not in different sectors. PE ratio of less then 10 is generally considered as undervalued provided it has future growth potential. And in some scenarios PE of 10 to 15 can also be considered provided the company has high growth performance in past and expecting same in future. Generally stocks bought below 10 and kept invested for long term given more great returns.

Low Price to Book Value (PB)-

Basically PB ratio is mostly utilized by value investors to find real wealth when the stocks are at their lower prices. So investing in stocks having low PB ratio is to identify potential candidates for future growth. A lower P/B ratio could mean that the stock is undervalued. Book value – It is the total value of the company’s assets that share holders would receive if a company closed down. Like the PE, the lower the PB, the better the value of the stock for future growth. Some of the investors become quite wealthy by holding stocks for the long term of such companies whose growth is based on their businesses instead of market. If the stock’s price to book value is below 1 then it is considered as undervalued.

Earning Per share

EPS shows how the company is profitable and growing. EPS of a company should keep increasing year after year. So the conclusion is to have a look for the past 4 to 5 years EPS and check the consistent incremental growth in the ratio.

Above three are most widely used ratios but decision based on only above is not advisable.

Experts also suggest opening multiple accounts because different accounts offer different kinds of specials. For example TradeMonster rates for Options Trading is exceptional, on the other hand TradeKing offers one of the cheapest rates for Stocks trading. Incidentally both of them have specials going on currently for new accounts. For more details on how to select a brokerage firm for your needs, check out http://www.comparebroker.com – “Finding Best Online Discount Stock Brokers”. You will find the special offers going on from major online stock brokerage firms.

CompareBroker.com aims at helping Traders (Stocks, Equities, Options, IRA, Mutual Funds) to make smart investing decision in stock market. We partner with different online stock brokers and bring out their value proposition to consumers for a fair comparison.

Be the first to comment - What do you think?  Posted by admin - at 5:46 am

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