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#most stock exchanges today use floor trading with human brokers.
ismdelhi01 · 1 year
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Courses On Stock Trading
Introduction to Stock Trading
The Introduction to Stock Trading course provides beginners with a comprehensive overview of the stock market and trading practices. Participants learn the fundamental concepts and terminology related to stocks and trading. The course covers topics such as how the stock market functions, the role of stock exchanges, and the different types of stocks available. Participants also gain insights into trading platforms and brokerage accounts, enabling them to navigate the trading process effectively.
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Technical Analysis
The Technical Analysis course is designed to equip participants with the skills needed to analyze stock price charts and identify potential trading opportunities. Participants learn about various technical indicators, chart patterns, and trend analysis techniques. They understand how to interpret support and resistance levels, moving averages, oscillators, and other technical tools. By the end of the course, participants will be able to make informed trading decisions based on technical analysis.
Fundamental Analysis
The Fundamental Analysis course focuses on evaluating the financial health and performance of companies to make trading decisions. Participants learn how to analyze financial statements, including balance sheets, income statements, and cash flow statements. They also understand how to assess key financial ratios, industry trends, and competitive positioning. Additionally, the course explores the impact of macroeconomic factors and news events on stock prices, enabling participants to make more accurate predictions.
Options Trading
The "Options Trading" course introduces participants to the world of options and teaches them how to incorporate these instruments into their trading strategies. Participants learn about the various types of options, including calls and puts, and gain an understanding of options pricing models. The course covers options trading strategies, including basic options trades, spreads, and hedging techniques. Participants also learn about managing risk associated with options trading and maximizing profit potential.
Risk Management and Psychology
The Risk Management and Psychology course emphasizes the importance of managing risk and maintaining a disciplined mindset while trading. Participants learn about different risk management techniques, including position sizing, stop-loss orders, and diversification. The course also focuses on the psychological aspects of trading, such as understanding and controlling emotions, developing discipline, and maintaining a trading journal. By the end of the course, participants will have a solid understanding of how to manage risk effectively and cultivate the right mindset for successful trading.
Overall, these courses provide a comprehensive foundation in stock trading, covering essential topics such as market analysis, technical and fundamental analysis, options trading, risk management, and trading psychology. Participants will gain the knowledge and skills necessary to make informed trading decisions and manage risks effectively in the dynamic world of stock markets.
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thecoroutfitters · 7 years
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To be blunt, forthright and direct, I loathe the finance industry.
I loathe financial advisors, I loathe mortgage brokers, I loathe mutual fund managers, I loathe investment bankers, I loathe regular bankers, I loathe commercial lenders, I loathe certified financial advisors, and I loathe certified financial planners.  Nearly every person employed in the world’s financial industry I hold contempt for.  And the reason is very simple.
They are, for the most part, immoral human beings.
This isn’t to say your financial advisor isn’t an honest person with your best interests at heart.  Nor is it to say your banker hasn’t helped you in the past, getting you favorable rates on your mortgage or auto loan.
But when you take finance professionals as a whole they are some of the most amoral, unethical people in the world and would gladly embezzle from their grandmother if it profited them.
We can point to things such as the 2008-2009 financial crisis where nearly every 1st world central bank bailed out their finance industries. We can point to the stereotypical “dude bro” who goes into Wall Street and inevitably manages to land in jail or goes rogue and costs his employer billions in unauthorized trades because of pure ego.
Or we can highlight the armies of “financial advisors” who claim to manage your retirement funds in your best interests, but upon closer inspection merely syphon off 2-5% of your investments every year and never provide a positive return on investment.
But the underlying reason for all these symptoms we witness among “finance professionals” is much simpler.  They’re lazy, and they’re egotistical.
Nobody goes into “finance” because they want to work hard or produce something of value society will willingly pay for.  They are not engineers or computer programmers or surgeons, willing to put forth the years of hard toil, effort, labor and studying to hone a skill that is high demand.
Will You Retire At 60, 70 or 90? Find Out Now!
However, nor are they humble enough to acknowledge and accept a lower income that comes with not putting forth the hard work required for a highly-compensated career.  These people want a high income with as little work as possible.
They want to “get rich quick.”  And what results is the millions of slimey, oily, dishonest “get quick rich” salesmen and women who enter the finance industry hoping to sell people mutual funds, get commission on putting together bad loans, or making it as a “day trader,” NONE of which produce or provide society with a penny of actual, tangible economic production.
But there is good news and it isn’t on the horizon.  It’s already here.  And truth be told we’ve had good news for the past 30 years, it’s just the finance industry has tried to suppress it or certainly doesn’t celebrate it.  And that good news is that your financial advisors, financial planners, brokers, and financial consultants are all, completely obsolete.
You don’t need them.  Nobody needs them.  And if there was any justice or sanity in the world, nearly every single financial professional would be laid off tomorrow and forced to work a real job at wages more in line with their actual abilities.
“You’re Fired!”
The obsolescence of the financial planning industry is due to three main reasons, one of which is historical, two of which are technological.
Finance professionals fail to beat the index.
Online trading
Roboadvisors
The first reason is the historical fact that finance professionals fail to do their job about 80% of the time.  What we mean by this is they fail to “beat the index,” meaning when they manage your money, 80% of the time they will not even be able to provide returns that beat the index (typically “the index” meaning the S&P 500).
This is an important point because today you, me, and everybody else can simply invest in “indexed funds.”  Nearly every mutual fund company out there offers indexed funds that track and mimic various indices around the world.  Plus there are “Exchange Traded Funds” (ETF’s) that also track indices around the world.
These two simple financial products means the average Joe on the street can invest in an index fund or ETF and…
WITHOUT A SINGLE DAY OF FINANCE EDUCATION…
beat out 80% of the PhD’s in finance.
In other words, you don’t need to pour over financial statements of companies or mutual funds in the hopes of finding a “good investment.”  Nor do you have to pay the fees, front end loads, back end loads, 12b-1 fees or managerial fees to a “mutual fund manager” to do that for you.
You simply invest in an index fund or ETF and you’re already beating the “pros” who all attended Harvard Business School.
The second reason for the finance industry’s obsolescence is online trading.  This technology has existed for almost two decades now and is nothing new or special.  If you can buy something on Amazon, then you can certainly do online trading.
But it is the classical replacing humans with robots that has taken what was traditionally the preserve of the wealthy and made it so the Average Joe can trade too.  In the olden days when you had physical buildings, hundreds of traders and runners screaming in the stock exchanges, and brokers replete with hickory desks in expensive marble downtown offices, that entire infrastructure and overhead would cost you around $85 per trade.
Now with computers and the internet you have a fraction of the traders on the floor, a laptop instead of an expensive broker sitting in a downtown office, and instead of a pricey downtown office building, you have a server room located in some cheap, far-flung field.  The average cost of an online trade today is around $10, likely less than what you spent on drinks last night.
But the third reason is the most interesting one. For while you may know that you should invest in an indexed fund and likely put your trades through an online brokerage, do you know which indexed funds to invest in based on your age?
Do you know the balance between stocks, bonds, and cash you should hold given you’re 45, plan to retire at 70, but have a life expectancy of 78, have $200,000 saved up now, and would like to live off of $45,000 a year when you retire?  Do you even know the math or the right questions to ask so that you can effectively plan your retirement?
Technology and index investing may have gotten rid of your need for a broker, but not a long term financial planner telling you precisely which indexed mutual funds you should invest in and when…until now.
Introducing the “roboadivsor.”
A “roboadvisor” is simply that.  An advisor that is not made of flesh and blood, but rather bits and bytes of code.  More specifically, software where you answer a battery of questions and it maps out a retirement plan for you.
You may be concerned at first saying, “how does software know me better than a flesh and blood human,” but the sad secret is most human financial advisors are not these mathematical, actuarial, psychological geniuses that had some kind of insight into your personal financial lives and goals.
The truth is they were merely using software themselves, asking you that same battery of questions, and plugging your answers into that program, telling you the results, and charging 1-5% of your balance every year for that.  Roboadvisors simply got rid of the advisor (and corresponding fees) and now has you answer those questions yourself.
When you tally up the savings, the cost of roboadvisors and indexed funds are now going below 1% of assets managed (compared to 2-5% with a traditional human being).  Roboadvisors are so new and the industry has yet to fully suss itself out, but you can expect to have an annual expense ratio of around .3% of assets managed.
Not 3%.  .3% POINT 3 %!  This is infinitely cheaper than the bricks and mortar, flesh and blood model that (once again) can’t even beat the index 20% of the time.  This doesn’t mean if you have a human financial advisor you like then you should get rid of him. There ARE good financial advisors out there.
But if you’re new to investing or want to take it into your own hands (not to mention, beat most of the pros) the tools and technology are out there that retirement planning is well within the abilities of your average man.
This article has been written by Chris Mills for Survivopedia.
from Survivopedia Don't forget to visit the store and pick up some gear at The COR Outfitters. How prepared are you for emergencies? #SurvivalFirestarter #SurvivalBugOutBackpack #PrepperSurvivalPack #SHTFGear #SHTFBag
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vegas-glitz · 5 years
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New York Inventory Trade - Why Is Anyone Shouting?
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Ah certainly, the New York Stock Trade, while it is really the epicenter of the trading universe, it appears to be like a little bit extra like an amusement park or a playground will not it? Shut your eyes and you can photo it, the hustle, the bustle, the screaming traders on the floor, the grown adult men perspiring by way of fits and button up shirts gesticulating like a wild pack of youngsters actively playing deal with soccer on an open discipline.
But why, in this modern day-working day and age, do traders and brokers still act like an angry mob? Will not we use computer systems for most trades these days anyway? Just isn't this the information age, an period dominated by sterile, prompt interaction? How did this madness begin? Why does it still go on? This short article will take a look at and explain the causes why Wall Avenue and many other investing pits resemble a riot after a soccer match more so than a accumulating of developed company majors seeking to amass a fortune for on their own and their consumers.
In the first area, there are a amount of trading exchanges and buying and selling pits, from the bond pits in Chicago to the Nikkei in significantly off Japan, but the most well-known trading trade in the globe, over and above a shadow of a question, exists at the intersection of Wall Road and Wide Road in Manhattan. The New York Inventory Exchange (NYSE) had existed due to the fact 1792 when the famed Buttonwood arrangement was signed by 24 New York brokers and businessmen. Most people feel of the Dow-Jones Exchange when they assume of the inventory marketplace. This is made up of thirty of the major corporations in the United States, from GE and McDonald's to Walmart.
The basic principle is easy people today use stockbrokers to get stocks, or percentages of ownership of a enterprise (and its profits or losses) in trade for hard cash. The dollars is and generally has flown around the area at a speedy and furious rate, and so has the action, that's why the complete hubbub. Basically these stocks are "auctioned" off to the best bidder who agrees to a obtain cost, so every broker is making an attempt to get their bid in and recognized ahead of the selling price of a stock rises. This is where the yelling originated, with brokers attempting to shout their rate and acceptance as loudly as possible in an endeavor to drown out and defeat the competing brokers to the purchase price tag that they want. Having a bid in a split second before at pennies per stock can signify the variation amongst hundreds of thousands of bucks of gain on one particular huge inventory order, so the immediacy and drive used can be comprehensible when so much is on the line.
Initially, the tenor of the space was additional gentlemanly, as revered businessmen and brokers traded shares at a realistic speed and prosperity simply moved amongst rich people today, from one particular household to one more. A Rockefeller may possibly obtain a piece of a Ford or a Vanderbilt's passions, knowing that these productive, rich males would deliver more wealth.
As America grew, although, and the American Aspiration was born, the typical people desired in on the motion. Right after the Industrial Revolution in The united states took spot in the late 1800's, a center course emerged, as manufacturing facility staff fought for a lot more of the corporation pie and at last received superior wages and doing the job problems. The concept that any American could get prosperous and get wealthy brief took root, and what better way than through the New York Stock Trade.
By the 1920's, many People were being investing in the inventory industry. The New York Inventory Trade was booming. Prompt millionaires were popping up all above the position. There was a total new stage of wealthy Us residents with ticker tape devices in their dwelling rooms supplying them instantaneous current market selling price updates. This is when the screaming and gesticulating commenced in earnest, as brokers have been overcome by prospective buyers, new clients and acquire orders. They screamed and hollered and waved their arms to get their orders in initial. The country's stance was constructive. The era was recognised as the Roaring Twenties, and its theme track was Blue Skies due to the fact all the things was coming up roses for most Individuals. Client credit rating was born to aid promote products being more than produced thanks to massive...inventory investments. The only issue was this full explosion of wealth was constructed on a household of cards nearly like a Ponzi scheme. Stocks had been getting bought for start off-ups providers that were not making income, they ended up just filling their coffers with financial commitment hard cash, and far too a lot of individuals have been downright leveraged in the inventory current market. For 9 decades, from 1920 to 1929, inventory price ranges went straight up with no close in sight.
That is till October 24 of 1929, improved known as Black Thursday. That was the day of the Terrific Stock Industry Crash that signaled the commencing of the Wonderful Depression, the greatest economic disaster the United States has at any time faced. The pits exploded with sounds as brokers screamed "promote, offer, provide," seeking to minimize losses right before it was much too late, but there have been no prospective buyers. Investors fled en masse, most of them were being bankrupt, broke and penniless.
However, the New York Stock Exchange persevered, and as with any trade or market, has experienced its turbulent ups and downs ever due to the fact. There have been a selection of peaks and valleys on the New York Inventory Trade over the several years. The most current crash happened in 2008 just after the housing bubble burst. The industry is still recovering. There have been many restrictions place in location to make the trading fairer and much more acceptable. Working day traders' trade from their home personal computer signaling buys and sells in an instantaneous. In simple fact, most trading is transacted by way of computers these times.
So why are developed men in satisfies nevertheless yelling, screaming and gesticulating like a five-yr outdated throwing a temper tantrum? That's the a person point that never ever appears to be to modify.
Simply because at its coronary heart, the New York Inventory Exchange is continue to an auction home procedure, and each solitary DOW trade occurs at the finish on that well known ground. Even if, you make a acquire on E*Trade, the trade is accepted and consummated on the floor of the New York Stock Exchange, facilitated by a broker. The screaming isn't really as needed, nor as widespread as in the previous, thanks to computer systems and technological improvements in conversation systems, but there are however brokers on the ground who have to triumph over their levels of competition to the punch. In point, hand alerts are much more crucial now to pit stockbrokers, so they can rapidly sign floor professionals who put in the actual purchase or offer buy. That clarifies all the mad gesticulating..
"Orders appear in by way of brokerage companies that are customers of the trade and move down to ground brokers who go to a unique location on the floor exactly where the inventory trades. At this place, acknowledged as the trading put up, there is a precise man or woman acknowledged as the specialist whose work is to match potential buyers and sellers."
By using wild clear gestures and screaming when essential, so the get can be listened to brokers are speaking with their individual companions these times not so much with the auctioneer. The sound and fury will get so solid at time, the outdated mass havoc rears its ugly head and to an outsider it appears as however a rugby scrum has broken out. In point, it simply just suggests that a massive quantity of trades are transpiring right right before your eyes, and to the detriment of your ears.
Likely there will occur a working day when all is silent at the New York Stock Exchange, but it definitely wouldn't be as entertaining. In all probability nevertheless, there will normally be human traders on the ground earning positive that their transaction goes by means of, and that will generally indicate yelling and hand indications. So now you know, the subsequent time you see a frenzied movie clip from the New York Inventory Trade, the brokers aren't working towards to come to be skilled wrestlers or politicians. They are not understanding how to guide a airplane down the runway, or imitate their most loved NFL Head Mentor on the sidelines of a near football activity. They are just making an attempt to make dollars or conserve income for their customers. If you change out to be 1 of people clients and it is really your money at stake, even if you only have a 401K or retirement fund, you could consider that these transactions are worth the shouting.
Source by Miriam B Medina
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