Approximately all exchanges are offering online trading facility To day online trading is passion, so many people doing online trading with out guidance and proper knowledge, and also they loosing money and Time  this points  make you  a better online trader  this points derived from my own experience from past 10years

 1)First  you have to maintain your broker/sub-broker  address and phone numbers with you.

 2) You should know about your trading terminal order punching, order book,(buy/sell order book, stop loss order )

 3)don’t confuse similar pronunciation stock ticker(stock name)Ex-unitech-    ultratech,uniontech ,gvk-tajgvk  Grasim-gasim

 4) maintain different market watches for equity segment ,derivatives segmentOne of my client had buy future trade instead   of   equity stock

5) Don’t share your stock market online trading passwords, usernames with other personsAnd don’t  do  online  trade in internet café and public places(One of my client forget to logout his terminal in a café, he got loss $4000 in a single day)

 6) Don’t follow rumors un-known persons phone calls,e-mails&sms. Some people maintaining    trading people database and they targeting to speculation and trap the people

 7) Avoid phone-trading (call trading)   with out observation of market. 

 8) Maintain stop loss order for high volatile stock, maintain stop loss when you are going to out of the trading screen one client made loss $600 at his lunch time 

 9) Avoid panic withdraw from trades

 10) Don’t take over exposure form your money

 11) Money management is the heart of online trading, don’t put your 100% capital in a single time or single trade, and maintain and prepare good portfolio  

Welcome For Great Comments

- About the Author: this telika ramu from india iam professional stock market trainer from past 10years iam maintaing  to websites www.telikaramu.hpage.com www.stockmarketeducations.com Article Source

When you first start trading the forex market finding a broker is unlikely to be a major concern; aren’t all brokers the same anyway? Lets face it if you can find a trading strategy that you are comfortable with and become consistently profitable then that is the battle won, right? Unfortunately it isn’t that easy and the shame of it is that there are too many so-called brokers out there who want to rip you off.

Where Does This Mentality Come From?

The retail forex industry has been brought up on the fact that FX is worth $2 Trillion in volume every single day (in reality only a fraction of this comes from private speculators, the vast majority is generated by large banks and multinational corporations). This is quite a lure especially when we are reminded at how this figure completely dwarfs the stock market, and we’ve all heard how much you can make from stocks. Now add the statistic into the mix that between 90 and 95% (probably closer to 99%) of all retail speculators lose money and you have a bevy of firms climbing all over themselves to get their hands on this cash. Forex is billed as the way to become mega rich, leave your job and live the life you’ve always wanted but if it was that easy everyone would be doing it!

How do Retail Brokers Position Themselves?

To answer this question we need to briefly explain some market dynamics. The forex market is completely decentralised. This means that, unlike centralised exchanges such as the NYSE and LSE, there is no central location where each transaction can be traced and recorded nor do currencies have specialist market makers responsible for providing quotes for the entire market. Instead, the entities that act as market makers for the currency market are the World’s largest banks. These banks carry out transactions between each other on a regular basis, hence the term ‘interbank market‘. In order for you to deal directly with these large banks you need to establish credit relationships with them which takes a vast amount of money and consequently most people cannot afford to do this. So this is where the retail brokers come in; they connect you with the large banks. Because they are representing many clients they have enough equity to establish credit relationships and deal with these banks, supposedly on your behalf.

This Position is Open to Exploitation

Retail Forex Brokers are the middleman between you and the interbank market so every time you place an order to buy EURUSD for example, your broker alters their currency holding positions with their large bank partners to reflect this. Rightly so your broker charges a fee for this service which usually comes in the form of spread (the difference between the bid and the ask). The spread they offer you is slightly larger than the spread they are offered in the interbank market so your broker can make a small profit on every trade you make. Everything sounds all well and good so far, agreed?

Now let me ask you a question: suppose you work in Las Vegas as a runner placing bets at sports books for several clients. Now you’ve been doing this for a while and you recognise that some of your clients are good at picking winners and some are good at picking losers. If you could make a little extra on top of your fee for running by doing the opposite of the clients who consistently lose bets would you do it? Now suppose that 99% of your clients lose money over a long enough period of time so all you have to do is bet against them all and you will make a fortune! Sometimes around the really big sporting events you get so busy you can’t place your clients’ bets and your bets quickly enough so you figure you’ll make sure you get in with good odds and then sort out your clients once you are done, meaning they get slightly or sometimes much worse odds than you. This mindset is greedy and unfortunate and you won’t have many friends but at least you would make a good retail forex broker!

Sorry to use a gambling analogy here (trading should never be confused with gambling) but it does explain the problem quite nicely. All you have to do to apply it to our situation is switch out a few words: Las Vegas is the interbank market, runner becomes retail broker, sports book becomes large bank, bets become client trades, running fee becomes spread, big sports events are big news items and the difference between the odds you get and the odds your client gets is the slippage you hand out.

Isn’t This Slightly Cynical?

Yes the analogy used is slightly cynical; it is not the case that every broker out there is guilty of these ‘bucket shop’ tactics (rest assured that every brokerage will deny it however) but it is far too common. Even bank traders can experience slippage at volatile times but the degree to which it occurs at the retail level is unacceptable. Furthermore you cannot use volatility as a defence when you begin to hound profitable traders with constant re-quotes, accusations of illegal scalping (no such thing even exists!) and forced account closure. And what about a brokerage going bankrupt without returning your funds? Is it any wonder that this article is questioning the honesty of some retail brokerages?

What About Regulation?

The retail market is still fairly young and therefore loosely regulated. However, there are two organisations that police the sector and they are beginning to step in and protect the consumer on a more regular basis. These organisations are the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Of the two the CFTC is most heavily involved in the regulation of fraud, manipulation and abusive trade practices in the retail forex sector. The CFTC.gov website is an excellent source of information on customer protection and on-going legal disputes against brokers and other entities.

Lets Talk About the Positives

It’s not all bad out there; certain firms do offer very attractive and honest services. Let us summarise some of the attributes you should consider looking for in a broker:

1. NFA and CFTC registered

2. No dealing desk, ECN style brokers

3. Variable spreads that reflect the volatility at interbank level

4. Firms that charge commission rather than a flat spread (the thinking here is the more you trade the more they make so it is in their interest to see you make profitable trades and continue to trade happily with them — less likely to be on the other side of your trades)

5. Friendly and efficient customer service

6. The offer to insure your capital in a secure bond (will protect client funds in the event of a broker’s bankruptcy)

7. Limit entries (your broker allows you to enter the market with a specified ‘chase factor’ of a few pips. If your order is not filled within the acceptable ‘chase factor’ your order is either partially filled or not filled at all — prevents ridiculous slippage at times of high volatility)

8. A good reputation within the industry (check independent sites for user reviews)

9. No BS marketing that focuses on the multi millions you will make within months of opening your account (these firms prey on inexperienced traders and gamblers who have no chance of being profitable)

10. Realistic and modest margin/ leverage (firms that offer leverage over 100:1 are encouraging you to trade big and lose you account to them quickly – you may wish to look out for a broker who offers you a choice of margin requirements)

Of course not all of these attributes can be classed as ‘golden rules’. If something is perceived as attractive then it is open to exploitation. For example, ECN brokers are becoming very popular and this has lead to several firms advertising an ECN service when they don’t really have the technology to provide one.

Do Your Due Diligence

I know it can seem tedious but researching your chosen broker is definitely time well spent. At the very least you should spend time browsing a broker’s website. You may like to make a list of things you like the sound of and things you don’t (remember, if something sounds too good to be true then it probably is). Contact their customer support and put these issues to their representatives and see if you are offered a satisfactory response (also a great test of their customer service dept. and general professionalism). I would also seriously suggest checking the CFTC website and browsing forums, discussion boards, blogs and user review websites for any information. My last suggestion here is that you share your good and bad experiences within trading communities. Although you will probably never hear about it your efforts will save your fellow trader his/ her time, money and probably a few grey hairs.

http://itshrunk.com/cb2b28

- About the Author:

Article Source

There are people making money every single day playing on the penny stock market. Though to be honest those that are successful are not playing at all. They are using their skills and know how to accurately decide when to invest or sell a particular stock. Most people don’t have the ability to do that. That is why the average person does not play the stock market but works with a stock broker to make decisions.

Download Penny Stock Prophet Right Now

1. What Is Penny Stock Prophet System?

The Penny Stock Prophet created an algorithm to analyze the penny stock market to identify what stocks were going to do. Then the program was used to identify what stocks were about to increase in value and about how high it would rise before it would start to fall in value. The system used the algorithm, instead of a stock broker, to become a millionaire using the predictions to successfully trade penny stock. The algorithms predictions were not dead on all the time, but enough that the Prophet was able to become a wealthy and successful penny stock trader.

2. How Does Penny Stock Prophet Work?

First the knowledge gained from the algorithm was shared with Penney Stock Prophet’s friends and family. The advice about the stocks was used to make money trading Penny Stocks. Then the Prophet started a newsletter, Penny Stock Prophet, where the information provided by the algorithm is offered in the form of stock recommendations. The Prophet’s stock recommendations provide the information about the stock, the best point to buy the stock and where it would be a good idea to sell. People receiving and using the daily stock alerts started making money. The system advice or stock recommendations have a proven track record of being accurate.

3. Is It worth Joining To Receive Stock Alerts?

There is a one time cost to joining and receiving the stock alerts. There is a money back guaranty with the membership. If an individual using the information and stock tips has not made a profit more than the cost of the membership in eight weeks than the membership fee is one hundred percent refunded. That is a simple, straight forward and clear guaranty. Make a profit or don’t pay for the advice. They key here is that the information needs to be used. There is no point of joining unless there is the ability to buy Penny Stocks right away. If disposable cash is available to purchase Penny Stocks then there is a profit to be made.

Download Penny Stock Prophet Right Now

Article Source:http://www.articlesbase.com/day-trading-articles/stock-market-stock-picking-robot-1759832.html

Right now traders all from all over the world are lining up to buy Richard Samuels Forex Neutrino. I have never seen the forex community so excited by a new system, but when you really think about it, it’s pretty obvious why everyone is so excited.

You see, Richard spent years studying the real masters of Wall Street and their secret trading methods. Master traders like the secrative Billionare Forex Mogul Bruce Kovner, the former NYC taxi cab driver who borrowed $3000 and turned it into a multibillion dollar fortune.

Richard Dennis, who’s meager $300 investment grew to a $150million + fortune.

and John Henry, considered one of the greatest systems developers and traders of all time. Henry was an Arkansas farmer before he took to the forex markets, now he owns the Boston Red Sox and his own NASCAR team.

==> Visit Official Forex Neutrino Signals Website

Look, the multi trillion dollar forex market is one of the last truly level playing fields out there. Where else have you heard of $300 investments growing into 9 figure fortunes.

Where else could a college drop out taxi cab driver borrow $3000 from his credit card, and become one of the ten richest men in New York City.

Only in the Forex Market.

Richard Samuels years of study lead him to develop Forex Neutrino, and we are lucky enough that he has decided to share it with all of us.

==> Visit Official Forex Neutrino Signals Website

Forex Nuetrino, the system that turned a $5000 account into a $71,293 accoount with over 95% winning trades.

Forex Neutrino is a 100% Automatic system that does all of the work for you. You can trade part time from home. Heck, you can even run Forex Neutrino while your at your job and let it pile up the profits for you until the day arrives that you can tell your boss “take this job and shove it”.

And with trades like the one I just saw that $17,390 in a single day for Richard, well, that day won’t be too long in coming.

You need to be fast though, because Richard is only making 600 copies of Forex Neutrino available at the introductory rate of $97. One those first 600 copies are gone, he’s going to raise the price to $197, or worse yet remove it from the market all together.

The New Year has just gotten under way. Don’t let this opportunity pass you buy. Sieze the day and make 2010 the successful year you deserve it to be.

==> Visit Official Forex Neutrino Signals Website

Forex Neutrino is the only system available to the public that puts you on the same playing field as the biggest billionare traders in the world. With only 600 copies available, and nearly 65,000 people getting this email right now, I can gaurantee you that Forex Neutrino is not going to be available for very long.

If you want to have the same advantage that the world’s richest Forex traders enjoy, you need to act quickly before Forex Neutrino is gone forever.

Rob Trader – Forex Expert http://tradingtoollist.co.cc/

Article Source:http://www.articlesbase.com/day-trading-articles/1-million-reasons-why-you-need-forex-neutrino-1743162.html