SIX STEPS and the IRREFUTABLE LAWS of the MARKET Every Investor and Trader MUST KNOW to Succeed
Step 1:
A move begins with the sponsors (smart traders) who have insider knowledge as it relates to a particular stock or market. This information will move a market up or down depending on the insiders' information. These buyers are smart, very smart, and recognize trading/investment opportunities very early in the markup cycle.
Step 2:
Days, weeks, or sometimes months after a move has started, there is a brief mention in the electronic media (radio, cable, TV) or on one of the internet chat boards that a market has moved. The public hears for the first time and begins to get interested, but does not buy.
Step 3:
A blurb of information appears in print media. The move also begins getting more exposure on blogs and internet message boards. The public starts paying a little more attention, and will buy a little bit.
Step 4:
Wall Street and LaSalle Street brokers go into full hype mode and hawk the market to their customers. The public begins buying in greater volume.
Step 5:
A full-blown front-page article appears about the particular stock or market in one of the major financial newspapers, magazines, or financial websites. This is often six months after the fact and after a market has shown its greatest appreciation. There is often heavy public buying, even a possible frenzy, as all media, brokers, and so-called "gurus" start to tout the market.
Step 6:
As step 5 gets underway, the sponsors or smart traders begin to move out of the market and take their profits off the table.
The finale: The move ends, the market falls, and investors lose money.
Showing posts with label Stocks and Shares. Show all posts
Showing posts with label Stocks and Shares. Show all posts
When to sell penny stocks?
When to sell penny stocks?
Penny Stocks can be a very effective way to provide you with a secondary income. They can be used to create passive income because they do not require you to be constantly watching over them. The problem that most people have when it comes to stocks is - not knowing the right time to sell.
Penny Stocks can rise very quickly but they can also fall quickly too. The reason that most investors hold onto a stock is because the fail to separate their emotions from their actions.
All of your penny stocks buying and selling should, of course, be based on sound research both of the market and the companies’ recent history. How the company is doing in terms of profitability, whether they are just about to, or have just announced profits, losses or new patents, discoveries and products, can all affect your decision on whether, or not, to buy.
Knowing the right time to sell your penny stocks however can sometimes seem, as much an art as a science, although getting it wrong can be fatal. Many people seem to put all their research efforts into knowing what penny stocks to buy and when to buy them.
Investors seem to forget about researching to sell stocks. Instead, they let their emotions take control and sell at the wrong time. Investors selling at the “wrong time” fall into two categories. These categories are, The Runners and The Sitters.
The Runners like to take profit way too early. They see their Penny Stocks rise a little and sell because they don’t want to “risk too much”. I’ve seen it time and time again; these people set out to earn a 25% Return on Investment and end up taking profit at 1%. Someone who takes profit twice at 25% earns a lot more than someone who takes profit twice at 1%. Usually, as soon as they sell a penny stock, it will rise even further and they’ll be wondering why they sold so early.
The Sitters are the heavily emotionally involved in their penny stocks. They are gamblers at heart and just do not want to let go of a losing position because “it could bounce back any day now”. When they do let go of their Penny Stocks - there is virtually nothing left. The sitters like to sit on a losing position. They like buying but dislike selling.
Do you want to be a Runner or a Sitter? Well, I hope you are neither. You want to be a winner. A winner will separate their emotions from their investment thinking and will also research when buying and also when selling. They will buy and they are not afraid of selling.
There is great deal of profit to be made from trading in Penny Stocks. But you have to know not only what to buy but also how long to keep it and when the best time to sell. The answer, as with most things in the world of finance, is good information and research. But that doesn’t end when you buy. Find out why your penny stocks are rising and this will put you in a much better position to know when to sell.
Penny Stocks can be a very effective way to provide you with a secondary income. They can be used to create passive income because they do not require you to be constantly watching over them. The problem that most people have when it comes to stocks is - not knowing the right time to sell.
Penny Stocks can rise very quickly but they can also fall quickly too. The reason that most investors hold onto a stock is because the fail to separate their emotions from their actions.
All of your penny stocks buying and selling should, of course, be based on sound research both of the market and the companies’ recent history. How the company is doing in terms of profitability, whether they are just about to, or have just announced profits, losses or new patents, discoveries and products, can all affect your decision on whether, or not, to buy.
Knowing the right time to sell your penny stocks however can sometimes seem, as much an art as a science, although getting it wrong can be fatal. Many people seem to put all their research efforts into knowing what penny stocks to buy and when to buy them.
Investors seem to forget about researching to sell stocks. Instead, they let their emotions take control and sell at the wrong time. Investors selling at the “wrong time” fall into two categories. These categories are, The Runners and The Sitters.
The Runners like to take profit way too early. They see their Penny Stocks rise a little and sell because they don’t want to “risk too much”. I’ve seen it time and time again; these people set out to earn a 25% Return on Investment and end up taking profit at 1%. Someone who takes profit twice at 25% earns a lot more than someone who takes profit twice at 1%. Usually, as soon as they sell a penny stock, it will rise even further and they’ll be wondering why they sold so early.
The Sitters are the heavily emotionally involved in their penny stocks. They are gamblers at heart and just do not want to let go of a losing position because “it could bounce back any day now”. When they do let go of their Penny Stocks - there is virtually nothing left. The sitters like to sit on a losing position. They like buying but dislike selling.
Do you want to be a Runner or a Sitter? Well, I hope you are neither. You want to be a winner. A winner will separate their emotions from their investment thinking and will also research when buying and also when selling. They will buy and they are not afraid of selling.
There is great deal of profit to be made from trading in Penny Stocks. But you have to know not only what to buy but also how long to keep it and when the best time to sell. The answer, as with most things in the world of finance, is good information and research. But that doesn’t end when you buy. Find out why your penny stocks are rising and this will put you in a much better position to know when to sell.
How to open a trading account to trade Stock in Singapore.
How to open a trading account to trade Stock in Singapore.
1)Opening an stock trading account step by step guide
a) You have to go to CDP at SGX center, shenton way to open a CDP account if you need it urgently if not proceed to b as first step.
It take less than a day(can be an hour time) to open an account with CDP.
b) Then go to your choosen stockbroking firms to open an account for stock trading.
(I would suggest you open another account with a less popular brokerage like DMG or AMFraser if you are choosing poems as it has a huge client base and the server failed quite a few times before. )
The following document you needed to bring along.
* Identification card (for citizens and permanent residents)
* Passports (for non-Singaporeans) & Malaysian IC for Malaysians
* Work and re-entry permits (for foreigners working in Singapore)
* Bank account number
* CPF investment account number (if applicable)
* CDP account number (if applicable)
If you use step b directly, you would have to typically wait one to two weeks to trade. Your stockbroker will send you the ID and pin subsequently.
Go to the stock broking firm website to check on their commission charges but it is more or less the same across Singapore. Do take note that the minimum brokerage commission for a trade is $25.
To find out more information, go to http://www.cdp.com.sg/main/index.shtml
1)Opening an stock trading account step by step guide
a) You have to go to CDP at SGX center, shenton way to open a CDP account if you need it urgently if not proceed to b as first step.
It take less than a day(can be an hour time) to open an account with CDP.
b) Then go to your choosen stockbroking firms to open an account for stock trading.
(I would suggest you open another account with a less popular brokerage like DMG or AMFraser if you are choosing poems as it has a huge client base and the server failed quite a few times before. )
The following document you needed to bring along.
* Identification card (for citizens and permanent residents)
* Passports (for non-Singaporeans) & Malaysian IC for Malaysians
* Work and re-entry permits (for foreigners working in Singapore)
* Bank account number
* CPF investment account number (if applicable)
* CDP account number (if applicable)
If you use step b directly, you would have to typically wait one to two weeks to trade. Your stockbroker will send you the ID and pin subsequently.
Go to the stock broking firm website to check on their commission charges but it is more or less the same across Singapore. Do take note that the minimum brokerage commission for a trade is $25.
To find out more information, go to http://www.cdp.com.sg/main/index.shtml
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