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Factors to Consider when Choosing your Australia Forex Broker

Forex Australia like every other country is facilitated by forex brokers. As a burgeoning forex trading region, Australia is a base to many forex brokers. They have set up base…

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Forex Australia like every other country is facilitated by forex brokers. As a burgeoning forex trading region, Australia is a base to many forex brokers. They have set up base here in search of growth in their customer base and thus their bottom-line.

Their customers and prospective customers on the other hand, are searching for a convenient and simple way to access the forex market to trade and make their profits. The customers are also in search of a broker they can trust with their money and can also receive guidance from in the process of trading.

Further factors to consider when choosing a forex broker include:

Brokers licensed to work in Australia

Australia based forex traders need to ensure that the forex brokers they choose to open an account with are licensed to work in Australia. Licensed brokers are monitored and audited by an independent body known as ASIC that audits them and ensures that customer deposits are well protected.

Convenient banking options

As an Australia based forex trader you want a forex broker who offers you convenience when it comes to banking. As a customer, you want to use the broker who accepts deposits in AUD. This saves you time as you do not have to change your money to other currency to start trading.

This is also the same for when you withdraw your profits. You will need a broker who helps you withdraw your money in your preferred currency rather than one who will have you pay fees and lose value as you exchange your profits to a currency you can use locally.

Trading Platforms Provided

Different brokers provide different trading platforms. Some platforms are downloadable and accessed on your computer desktop while others are online based. As more people access the internet through their mobile devices some traders have developed mobile platforms for their clients to trade on.

Each platform is unique and different traders will prefer a particular trading platform over the other. As a new trader, one should try all platforms provided by the broker of their choice and choose one that serves their trading needs.

Trader training

Forex traders should choose forex brokers who will offer them basic training on trading. Brokers who offer training, do it through videos and self-published free eBooks which can be downloaded from their websites.

Forex brokers also provide self-training to their clients by allowing them to open demo accounts. Demo accounts are funded with virtual money which traders can use to learn or test the market with.

Leverage rates provided

Leverage is an important factor when it comes to forex trading. It enables you to enjoy a larger piece of the market than your capital allows. Different forex brokers offer different leverage rates. As much as leverage increases your chances for higher profits it also does the same for losses. It is therefore advisable for traders to use leverage sparingly at whatever level of expertise they are at.

A large number of currency pairs to trade

Different brokers offer different currency pairings. Before choosing your forex broker ensure that they offer a large number of currency pairs to trade. This ensures that traders have a higher liquidity and choices to put their money in.

Access to commodity markets

Expert level traders and those who want to diversify their investment also need to make sure that their choice of forex broker allows them access to the commodities markets. In addition to commodities, forex brokers should also provide access to decentralized currencies such as Bitcoin which have become highly popular and profitable to trade.

As a trader, ensure that you check out all this factors on the choice of forex broker that you make. In addition, ensure that they have a good reputation in the market and that you can trust them to handle your money. Forex brokers are an integral part of the market and extremely important to traders so choose wisely.

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Considerations to Make Before Choosing a Forex Broker Online

While the popularity of forex markets is growing exponentially, it comes with numerous risks. Before indulging in the forex realm, there are numerous considerations to make. First, understand that markets…

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While the popularity of forex markets is growing exponentially, it comes with numerous risks. Before indulging in the forex realm, there are numerous considerations to make.

First, understand that markets forex is the biggest globally so far. While it has shown massive potential for growth and gain, it can expose traders to huge losses.

Some of the factors you should consider prior to joining the forex market are; trading strategy, capital flexibility, and personal objectives.

The right forex broker is capable of propelling you towards forex trading success. Below are various things you should put into consideration before choosing an online forex broker.

1.     Legitimacy

As the forex market grows, many illegitimate forex brokers are taking advantage of the growth to swindle unsuspecting traders of their hard earned money. It is, therefore, important to do due diligence before signing contracts.

Ensure that the broker is duly registered with Futures Commission Merchant, and also regulated by CFTC (Commodity Futures Trading Commission.) Browse through their website for more financial statistics and information in regard to brokerage.

If you are not yet convinced, proceed to their parent organization’s website. Tread carefully if there is no convincing information. This will prevent you from losing your money.

2.     Foundation

The number of forex brokers online is increasing each day. This is enough reason to exercise great caution before committing yourself in any contract. Remember, forex brokers are often affiliated with big lending organizations or established banks.

This is attributed to the high leverage in the forex market. Many brokers provide approximately 100:1 leverage which usually translates to huge sums of money. Do your background check and conduct enough research to establish the organizations behind the brokerage. Find out how stable they are before signing any contracts.

3.     Accessibility

How accessible are they? Do their customer service numbers work? And if they do, how does the personnel interact with their customers? As it is with many companies, do due diligence on your forex broker before making any commitment.

Establish how effective they are when it comes to supporting their customers. Ensure they are competitive enough to handle and solve problems you may have whether they are general or technical.

Seek to find whether they have designated staffs particularly for handling customer complaints. Do not engage yourself if the broker appears to be lax in service delivery. Remember, sub-standard customer service is risky in the forex realm. It can result in huge losses which you want to avoid.

4.     Resources

Today, the average foreign exchange broker provides a wide range of services. The real trading is executed through their trading systems and this should be evaluated and assessed before the signing of any contracts.

Ensure that the system can compete with modern market standards which include actual time charts, live news, consolidated technical regulation tools, trading system support, and up to date market information.

Some brokers provide fundamental and technical evaluation, various trading tools, and economic calendars. Ensure that the broker provides you with a whole range of services in order to increase your chances of success in forex trading.

5.     Type of Account

Your trading requirements determine the type of account you choose. Do your research on the different accounts available prior to indulging in the forex market. When you finally decide to begin searching for a forex broker, ensure they provide various trading account types.

6.     Leverage Resilience

Forex markets come with increased leverage. It is the only market where traders have the potential to make huge amounts of money from limited investments. Even then, increased leverage does not always work for every trader.

High leverage increases the risks. If your investment capital is restricted, increased leverage enhances your opportunities. However, if you have huge investment capital, your leverage will decrease. Always ensure that the broker provides various options depending on a trader’s requirements.

Finally

The markets forex is always developing and as technology advances, it is certain to experience more growth. Additionally, there is huge forex trading profit potential in any global market. Even then, take time before indulging in forex trading. The above guide should help you choose a suitable forex broker.

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The Benefits of Exchange Traded Funds

If you have been looking to gain trading exposure in a certain market or industry in Singapore, diversify your investments or hedge against your risk then you are in the…

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If you have been looking to gain trading exposure in a certain market or industry in Singapore, diversify your investments or hedge against your risk then you are in the right place. This is because exchange traded funds can be an added asset to your portfolio.

Investors who not only make use of exchange traded funds but also include them as part of their strategy for investing get to enjoy many of the benefits they have to offer. Here are some of the benefits of exchange traded funds.

Offers Flexible Trading

Exchange traded funds trade in the same way as equities do in the stock market. Therefore they are flexible since they trade throughout market hours. Exchange trade funds are sold and bought during the day when the trading markets are open. In addition, the pricing of their shares tend to be continuous during the normal exchange hours. However, share prices may vary throughout the day depending on the underlying asset’s intraday value in the fund.

If you are investing in exchange traded funds you will be able to know within moments just how much you have received after selling shares as well as how much you bought them for. Exchange traded funds can either be sold on margin or short the good thing being that the prices are continuously updated during the trading day.

Provides Accountability

On a daily basis, the list of assets in the fund are published by the creator, company sponsor and designer of the exchange traded funds. Even though a good number of mutual funds publish such constituents, they do it on an irregular basis. Therefore, mutual funds are not well known for being transparent. However, this is not the same case with exchange traded funds which provide for accountability.

Lower Costs

The commissions on exchange traded funds tend to be lower since are able to make one transaction per trade. This is opposite of that of an index which requires you to have multiple trades as well as a basket of stocks. Additionally, managing fees for exchange traded funds are lower as compared to regular mutual funds and there are no load fees as well.

There are many other ways you can use if you want to keep investing costs at a minimal with exchange traded funds. However, it is important to note that all managed funds in Singapore as the rest of the world are bound to incur operating expenses regardless of the structure.

Can Be Purchased Via a Single Transaction

Just like indexes can follow certain sectors of the financial market so do exchange trades funds. However, you can purchase an exchange traded fund using a single transaction. What this means is that by doing so you will be buying a mini portfolio instead of a basket of stocks as you would with an index.

This will make your life much easier especially if you are targeting a specific price. In addition, with exchange traded funds you will get filled on your complete order instead of chasing each individual stock when trading with indexes.

They are Simpler

Exchange traded funds are not only simpler in structure but also easier to understand. However, this is with the exception of inverse and leveraged exchange traded funds which happened to be a tad bit intricate.

Therefore, if you want to mimic the return of investment on an underlying asset or particular index or if you want to invest in a specified industry in Singapore you should be happy to know that you are only one step away to get started in financial trading with exchange traded funds.

There are many benefits that may come with including exchange traded funds to your investing portfolio. You should consider an exchange traded fund as weapon that you should include in your investing strategy. Also remember that exchange traded funds can be virtually traded on any major currency, asset class and commodity in the world.

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How many trades do you really need to execute per month?

Have you ever assessed your trading performance? Do you really know the number of trades executed by you per month? Most probably the answer is NO. Majority of the novice…

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Have you ever assessed your trading performance? Do you really know the number of trades executed by you per month? Most probably the answer is NO. Majority of the novice traders are biased with the profit factors of the market. They are always trying hard to maximize their profit factor to earn more money. On the contrary, the experienced traders never overtrade the market. They are more concern about their investment. Even if you find 3- 5 good trades per month, it’s enough to secure your whole month earning. You can easily lead your dream life by following this simple principle.

So how many trades do we need to lead our lives? If we say four trades per month is enough to bring change to your life what would you say. In reality, four quality trade execution is enough to establish your presence in the professional trading network. In this article, we will tell the exact way to make money by focusing on the quality trades.

As a currency trader, you need to eliminate the noise from your life. Majority of the traders are frustrated with their trading performance. They simply forget the basic rules of investment, quality matter over quantity. The professional traders don’t trade all day long to ensure a high standard of living. Neither have they had a super accurate trading strategy. They are simply using the probability theory and trading the market with high-risk reward ratio. Even if you trade with 1:2 risk reward ratio, you can easily make a profit with 60% win rate. But sadly the new traders close their profitable trades too early. But when it comes to losing trades, they make their loss much bigger than expected. They simply trade the market with hope and emotions. But emotions have no place in spread betting industry.

Advanced technique

You need to know the advanced use of spread betting platforms. Those who consider trading as their full-time profession knows the perfect way to use their trading tools. They don’t sit in front of their screen all day long to find the best trades. On the contrary, the novice traders seem to guard the market. But if they knew about the pending features of the market, they could have easily made a huge profit. In order to ensure decent curve of your equity curve, you must use the technology in a very precise way.

Let’s say you have executed 4 trades in a month. Out of 4 trade, two of them are losers. You followed 1:2 risk reward ratio in each trade. For every loser, you lost 2% of your trading capital. So for the two losing trades, your account is down by 4%. But for every winner, your gain was 4%. So for the two winning trades, you secured 8% gain. So if we calculate the gross profit, you will still make 4% profit on that month even after losing two trades. This simple formula can help you to master the art of spread betting.

Trade management

Trade management skill is the most important thing you need to know as a currency trader. Those who are relatively new to the trading profession, don’t know the perfect way to manage their losing trades. They are always trying to recover their initial investment by increasing the risk size. On the contrary, the experienced traders don’t have any emotional attachment to the outcome of their trade. They know very well, their trading strategy works in the long run. You have to stick to your trading system to make consistent profit from this market. Being new to this industry doesn’t mean you will have to lose money like the 95% of the traders. If you can understand the language of the market and trade with managed risk, you are going to become a profitable trader within a very short period of time.

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Great Ways to Advertise Your Business Online

The internet is the largest market in the modern world. It has not only pushed entrepreneurship to new heights but also made business so competitive. Is your business struggling? The…

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The internet is the largest market in the modern world. It has not only pushed entrepreneurship to new heights but also made business so competitive. Is your business struggling? The best way to survive the current competition is to engage with online customers. It is estimated that over 80% of the Netherlands residents shop online. If you have a website, you need to think of strategies to drive traffic to your site. Here are some of the best ways to advertise and attract online customers to your business.

Social media ads

A study shows that over 90% of people living in the Netherlands have accounts in social media. People also spend a lot of time on social media. These platforms are powerful marketing tools when used correctly. These platforms now allow you to place ads that are visible to social media users. Social media ads are easy to create and post. However, make sure that you create unique and attractive ads.

Google ads

It’s every entrepreneur’s dream to make it on the first page of search engines like Google. Besides being ranked first on Google, you can now advertise your business on Google. These ads are visible when internet users are searching for products and services. However, the chances of your ad appearing in search engines depend on the Dutch AdWords you use. AdWords should include the most searched keywords such that on any related search, your Google ads will appear.

Geo-targeted advertising

While the internet provides a large market for your products or services, it may fetch little if you don’t target clients within your region. Geo-targeted advertising ensures that you reach out to potential clients within a given number of miles from your local business. This strategy is perfect to successfully compete with other local businesses.

Video advertising

There are different types of video advertising. As an entrepreneur, you can create a video to showcase your products or services. Videos work magic to boost site visitors. However, you need to post quality videos as there are other businesses creating competitive videos.

Search engine optimisation (SEO)

This is a powerful marketing strategy when running an online business. However, you need to hire a professional SEO expert to run your SEO campaign. The good thing about hiring SEO experts is that you concentrate on service delivery as the professional team works on marketing your business. SEO is a long-term strategy that can move your business to great heights within your region.

Are you starting a new business in the Netherlands? Are you introducing a new product or service in the market? You need to apply the best advertising method to create awareness. Keep up with technology by consulting a professional Dutch marketer in your region.

Image: pixabay

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British Government launches new cyber security export strategy

The internet has created tons of opportunity for new businesses and unfortunately, that includes the business of cyber terrorism. Email hacking and data breaches through websites occur frequently, keeping the…

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The internet has created tons of opportunity for new businesses and unfortunately, that includes the business of cyber terrorism. Email hacking and data breaches through websites occur frequently, keeping the rest of the cyber space on its toes. It is a global fight and the British government recognises the need to take the fight further.

With Brexit fast approaching, the government has had to carefully consider what industries and areas of expertise are promising enough to serve as growth export markets after the country leaves the EU. The Department for International Trade (DIT) has launched a new strategy to export the UK’s cyber security market.

According to Dr Liam Fox, the new strategy will position the 800 cyber security companies in the country to protect networks across the globe and provide security for high profile international buyers, who need something more than the level of security dedicated servers can provide.

What Exactly is the Cyber Security Export Strategy?

The DIT’s new strategy focuses on three levels of support:

First, DIT will serve as a trusted advisor connecting governments, CNI and financial services providers with UK companies that can provide the security solutions they need. In order to achieve this, the DIT will use its global offices while working closely with industry leading bodies, academia, trade and commercial experts, as well as other parts of government.

The target countries include India, which is considered to have potentially large opportunities; Japan where the government could use some help building capability for cyber security, especially as the Tokyo Olympics and Rugby World Cup are underway; the Gulf where the focus will be on central banks and other areas of the financial sector, as well as national infrastructure and government; the USA, who is a key partner with wide-reaching expertise; and Singapore, who serves as the South East Asian cyber-security hub.

Secondly, six key sectors have been identified as areas expected to have the highest security budgets since they happen to be prime targets for attackers. These include the financial services sector where spending on cyber security went up to £16.09 billion in 2016. Governments spent even more, with spending reaching £27.66 billion. Next on the list is healthcare, having spent £4.06 billion. Over the next three years, these figures are expected to explode, so there can be no better time than now for DIT’s strategy. The other target markets are automotive, infrastructure, and CNI.

Thirdly, the strategy is expected to help with marketing and branding around the globe. Smaller companies would have the support they need to secure cyber security contracts and anyone would be able to access DIT offices globally.

Export controls

In the area of export controls, there are concerns about cyber security companies selling to repressive regimes and companies who hide the end user. There are also concerns regarding how cyber security products can be potentially abused. The DIT’s export strategy document indicates the body’s intent to ensure that licensing decisions are timely, well-informed, and rigorous.

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Top 5 Mobile User Experience Nightmares and How to Avoid Them

With the number of mobile phone users globally expected to rise to 5 billion by 2019, it is paramount that businesses are at the top of their game when it…

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With the number of mobile phone users globally expected to rise to 5 billion by 2019, it is paramount that businesses are at the top of their game when it comes to mobile. Not only do you have the pressure of customers’ expectations but also you need to adhere to Google’s Mobile-First Index. With nearly 60% of all traffic coming from mobile devices and expectations for this number to continue to grow – should businesses prioritise the mobile experience over desktop?

The short answer is yes, the importance of mobile is essential when establishing your online presence. Yet, many sites continue to subject their consumers to mobile user experience (UX) nightmares that could easily be avoided. Here’s how:

  1. Page speed too slow

One of the most frustrating experiences for users is waiting for a page to load; in fact 53% of mobile users abandon sites that take longer than 3 seconds to load. A fast site provides a good user experience and a satisfying UX leads to a greater percentage of conversions.

Looking to limit the number of files required to download, keeping images at a low resolution and reducing the use of JavaScript are all valuable options when it comes to providing a faster mobile site speed.

  1. Different content across devices

The average household has 10 connected devices and this is predicted to increase by 2020. It’s paramount for sites to maintain consistency in their content across all devices, particularly as more and more of us are using multiple platforms for searching.

Say you’re browsing to purchase a new car. Early one morning, you start researching new cars on your laptop and find something you like. In the evening, whilst you relax on the sofa, you grab your mobile to relook at the car you had found earlier. However, what you saw and read on your laptop is different to what you see on your mobile.

This could be confusing for the customer. Inconsistency of content through different platforms could significantly disrupt the customer journey to conversion.

First of all it’s important to maintain good content balance on mobile sites, especially between having enough necessary information and not overloading the content which could require too much scrolling.

Some sites edit their content drastically from their mobile to desktop platforms. If you condense your information, ensure you’re consistent with the key detail of any product or service on all platforms rather than cutting or changing content dramatically.

Ensuring your mobile site is of a high quality and that it provides the best user experience could require additional funding. Should a redesign be needed to allow your site to be suitable for all devices, it could mean switching to a new content management system (CMS). Consider your budget or the loan alternatives available to you when looking to fund the improvements on your mobile website.

  1. Barriers when checking out

An example of a barrier a customer may experience when checking out online is if they’ve taken the step to purchase and clicked ‘checkout’, yet find themselves facing mandatory sign ups or returning customer logins to complete before they can purchase their goods. These barriers could stop the customer in their tracks and lead to them abandoning the transaction all together.

If the user is a returning customer, you are asking them to remember which email they used previously and the correct password. If your user is a new customer, you are asking them to decide whether they want to register their details with you. Either way, it unnecessarily stops the customer in their tracks from attaining their goal – buying your product or service.

As we mentioned earlier, over half of all traffic is now coming from mobile devices. With this in mind it may be worth allowing consumers the option to sign in as a guest to ease the process of purchasing from you. If they become a repeat customer, they are then more likely to sign up once they have got to know your brand better.

  1. Long and fiddly forms

When browsing on your mobile you are looking for quick and easy answers. How many times have you gone to fill in a form on your mobile that has frustrated you?

Whether that’s because the form is clunky, too long and because you haven’t got the time to fill it out, you decide to look elsewhere: or you experience scrolling problems, continually changing keywords from letters to numbers; or the field boxes are so tiny that your fingers keep pressing the wrong box. Forms that are too long and fiddly to complete could be putting your customers off and you could be losing potential conversions.

Try to keep forms as simple as possible by only requiring details that are really necessary and that will lead to the next step towards conversion. Consider implementing dropdowns for quick answers or checkboxes. To make it easier for the user use input type ‘number’ for fields that require phone numbers, this way the numerical keyword will pop up automatically.

  1. Scrolling to the menu

Your mobile is only a small screen in comparison to your desktop and can only display so much information, so it’s no wonder you’ll be scrolling down for far longer to find what you are looking for.

However, if you wish to navigate to a different part of the site, this could mean scrolling all the way back up to the top to access the menu. This can be annoying and repetitive for the customers.

This is a simple problem to solve and could provide a smoother user experience. Consider implementing a sticky menu, so no matter how the user scrolls or uses your site, the menu is always easily accessible. This could even be a smaller version of your main menu so your content still stands out on the page.

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5 Tips for choosing the perfect online trading platform

“If you want to choose an online trading platform, you need to think about what your individual needs are,” confirms a senior financial analyst at Wilkins Finance. There is a…

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“If you want to choose an online trading platform, you need to think about what your individual needs are,” confirms a senior financial analyst at Wilkins Finance. There is a great truth in his words as every online trader is different and utilises different tools to get the job done. The trick is not to utilise all the tools available on the platform but choose a few that suits your needs and learn to use them with precision and great accuracy.

Here are 5 tips to help you choose the perfect online trading platform to help you make trades with profit:

online trading platform

Access from technological devices

We live in a fast-paced world and in this day and age, you need to be able to access your personal applications from wherever you may find yourself. Having said that, it is beneficial for you to be able to access your online platform from not only your pc but your mobile device as well. An online trading platform that gives you the option to download a trading app on your tablet or Android phone will make your life much easier. This gives you the capability to stay up-to-date with all your trades at all times, even when you are travelling.

 

Information at your fingertips

When choosing an online platform, you would want to have all the information you need at your fingertips. The most reputable online platforms have tabs where you can view all the latest trading news and happenings. They also have a dedicated tab where you can view crucial information such as earnings per share, price per share, balance sheets and currency strengths.

 

Hidden costs

No one likes hidden costs. You want to know what you are paying for without having to wonder what it is for or how it will be used. When choosing an online trading platform, you wouldn’t want to have hidden costs creeping up on your trades either. The trading platform of your choice should have a calculator that shows you all the fees you will pay for making the trade. That way, you will know what costs you will incur before hitting the buy or sell button, thus giving you a clear picture of whether you might win or lose on the trade.

 

Diverse trading options

As a trader, you would know that you shouldn’t put all your eggs in one basket. You would want to trade a number of options such as Nasdaq and the London Stock Exchange. The platform of your choice should give you the option to do this. Think of it like this: If you would need to have a platform for each of your trading options, life can become quite hectic. But if you have all your trading ventures on one platform, you can keep an eye on each one of them without having to log out of one trading platform to go to another.

 

Tools of the trade

An online platform needs to give you access to a number of tools to make trading easier. One of the best tools a platform can offer is the stop-loss tool, which keeps you from losing all your money on an unsuccessful trade. Many traders like to receive notifications on their mobile devices if there is a change in the market or if there is an important update in the trading world.

There are a vast number of trading platforms in the world run by brokerage firms. However, you need to feel comfortable with all that the online trading platform of your choice has to offer. It needs to be user-friendly and enable you to customise it to suit your needs. You need to be able to make trades with the click of a few buttons and if there are any issues with the program, you need to be able to contact a technical team that can sort the issue of in a short period of time. Do your research before choosing!

With the above-mentioned tips, you can now choose your trading platform with confidence and start trading to make a profit with the capital you have worked so hard for.

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The pros and cons of online trading

“Online trading is on the rise!” a senior financial analyst from Wilkins Finance confirms.Every day there are new investors emerging and taking over the stock market. The competition is intensifying…

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“Online trading is on the rise!” a senior financial analyst from Wilkins Finance confirms.Every day there are new investors emerging and taking over the stock market. The competition is intensifying and so is the likely hood of various kinds’ of threats. The online stock trading emanates with benefits and as well as jeopardies. Some of the pros of online trading are as follow:

The stock markets are open 24/7

This gives the opportunity to the investor to work in their convenient hours. Yes, you can work at home at any time whenever you feel like.  Online trading can be done as a part-time job with day-today routines not being affected.

Online trading platforms

The brokerage firms provide a secure online trading platform to the investors, which mean that the investors do not have to worry about being scammed and their money will not be taken away. A secure connection is established between the investor and the firm which benefits each other.

Speedy transactions

With online trading, you can speedily carry out your transactions with the high internet speed available. Latest updates on stock can be viewed in a matter of seconds. Also, online trading firms offer investors an imposing set of tools providing valued information and helping to elevate the trades.

Real-time progress

The online sites provide real-time investment progress to the investor. Minute to minute changes in the market can be viewed. For example, companies such as Scottrade, offer investors access to streaming data. Investors get real-time quotes and also stock market news.

Beware of scams

However, there are negative aspects of online trading as well. New investors fall in a scam of fraudulent investment. They invest money through a brokerage firm. The firms first build their client’s trust by providing them incentives and profits but then unexpectedly they disappear from the market world. They are no longer there. The investors lose huge amounts of money. Hence a well-known, established brokerage firm needs to be contacted for investment.

Loss of funds

As the trade can be done in a matter of seconds by clicking a single button, many investors get hyped, they do not think much about the trade, and they are rushing to trade in eagerness without thinking upon it and ending up losing lots of funds.

Trading can become addictive

Online stock trading can be an addictive behavior. People invest in the trade and they, for example, get profit once. They will have positive reinforcement and associate trading with more money. For money, they will keep on trading more and more hoping to maximize their profits even though they might be in turn losing money. They may end up bankrupt due to this negative behavior. According to studies, this behavior is similar to gambling and is addictive.

Computerized trading

The online trading is carried out by the use of internet. If the internet connection is slow and a trade is made, but it processes slow. The rate might get changed in seconds and the investor’s money can get invested in something they didn’t opt for. The time lag can alter the losses and gains from a trade. Similarly, slow computer or hardware problem can occur which can show that the trade wasn’t completed making the investor trade again. The investor ends up capitalizing twice as much as they intended to do so. Make sure you know how to authenticate trades and review statements beforehand using an online investing system.

Trading news and updates

The service provider needs to provide the latest news of the market. If old news is presented, the investor might end up investing in a trade from history which will take a lot of time to process. The rate of the trade also might have fluctuated. In return, you will get something you have least expected from the trade. So real-time updates and stock quotes are needed for active trading.

Hence, it can be concluded that the pros of online stock trading outweigh the cons of online stock trading in a number of ways, as long as you have the knowledge about trading, since online trading can be a source of good income for people who can utilize their financial skills to operate in the market substantially.

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Considerations When Designing Your Trade Show Booth

I have always considered trade shows to be one of the best ways to promote my business and showcase our new and exciting products. Over the years I have had…

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I have always considered trade shows to be one of the best ways to promote my business and showcase our new and exciting products. Over the years I have had some great success at trade shows and throughout that time I have learned the best and worst ways to go about business, and how we can best attract an audience, and most importantly, sell our business, and our products.

One of the most important aspects of the trade show experience, and how you can really push for success, is the display booth which you decide upon. I must be honest, in the past I never really saw much value in spending money on a custom designed trade booth, and I used to use a stock display, white, and pretty lifeless. I bought a custom made display at ExpoMarketing after some friends suggested that I did, and the next trade show went amazingly well, convincing me of the power which the display can have. In terms of designing your display, there are some key considerations which you need to make, and from experience, here are my suggestions.

Colours

The common theme which runs throughout this design process is that the display which you decide upon should reflect your brand. Colours are key to this as it is the colours, as well as the logos of your business which people will remember and in terms of brand growth, these are the small details which you should be focussed on. Your display’s colours should represent those of your business and your products.

Space

A large display is only beneficial if you are able to fill it with quality, empty spaces are not appealing and large displays are not going to make you stand out any more than something smaller. The key to your display’s size is that it is functional and fit for purpose, that it gives visitors space to view the product without feeling claustrophobic and that it is sizeable enough of you to deal with customers and sales, separately from the people who are viewing your products.

Bells and Whistles

I have seen all manner of different displays throughout the years and what I have found is that those who want to add all kinds of lights, moving parts or ostentatious designs to their booths, are those who sell less. Firstly this is because if you decorate a display in such an eye-catching way, you need to be able to back this up with the quality of your products, in most instances, this is not the case. The second reason to avoid this is that it smacks of desperation and doesn’t give the message of a business who is taking things seriously. The example I would give here is Apple, think about their stores, clean, bright, spacious, fresh and simple product presentation at its fines. The reason that Apple do this is because their products are so good, if your products are great, just get them out there, without the necessary bells and whistles.

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