Wait for Chinese Stocks to Settle
So far, 2008 has not been kind to Chinese-listed stocks on the benchmark Shanghai Composite Index (SCI), as the negative bias and downward selling pressure have remained intact. Since trading at a 52-week high of 6,124 in late October 2007, the SCI has been on a steady downtrend, declining to 3,348 on April 15, down 45%, including an 18% decline in the first quarter. With the SCI below key moving averages, a major correction and trend reversal have occurred. For traders and investors, we now need a base to form for the selling overhang to occur and then for buyers to re-enter the market.
Online Stock Broker – Make Market Trades At The Touch Of A ButtonDo you imagine yourself as a millionaire placing trades using an online stock broker and making big profits? “We who are in this race of riches should be encouraged to know that this changed world in which we live is demanding new ideas, new ways for doing things, new leaders, new inventions and new methods of gambling. Back of all this demand for new and better things, there is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it”.
“Right” Time To Invest Your MoneySome people asked me for advice. “When is it the right time for me to enter the market?” “Will the Singapore economy do well in these coming years?” “I DON’T think we should invest now. The market seems uncertain.” “I think we should invest now, because market price is low.
Extreme Penny Stock Trading For Quick And Big ProfitsIt was during the bear market of 2007 and 2008 I started to look at other ways to make money in the stock market. Whilst I always said there was nothing wrong with sitting in cash during bear markets I did realize there are profits out there during bear markets.
How to Trade Penny StocksPenny stocks are traded in over-the-counter market and you have to use a broker to acquire shares of penny stock. The main thing that you need pay attention to is having enough money in your account to cover the cost of the share and broker’s commission.
Tax Saving Strategies with Stock TradingIf you spend you days buying and selling stocks, then you are trader. If you are a trader, you save yourself a lot of money when it comes to paying taxes. As a trader, you can deduct all your investing expenses from your tax returns. These expenses can be newsletter subscription, home office and computer equipment.
What You Need To Know When Buying Penny StocksPenny stocks are stocks that one can buy under $5. These stocks are sold by smaller and/or new companies that are looking for funds to expand their operations, commence operations or just seeking money for basic operations.
Risks Associated With After Hours TradingIn the US, the highest volume of stock trading takes place in the New York Stock Exchange and NASDAQ. Traditionally, these markets are open from 9.30 a.m. to 4.00 p.m. Eastern Time. Nowadays after hours trading takes place but it used to be a benefit that only high net work individuals and institutional investors could avail of.
Facts About After Hours TradingIn the US stock market, the regular business hours are usually from 9.30 a.m. to 4.00 p.m.; and previously individual investors could buy and sell stocks only during the regular business hours of the stock exchanges.
10 Stock Trading Tips for Newbies!Here are some very good pointers for stock market trading. Learn the basics to avoid mistakes!