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Direct market access describes a trading pattern which involves, a trade been placed online by you, and then your order is forwarded directly to the stock exchange for execution. You may be amazed to find out that this is not how online trading always works, but as a matter of fact DMA has only been made available for retail investors for a short period of time. In most markets, a large number of brokers don’t make use of it.
In the ancient way of placing a trade, you send an order to your broker by making use of a telephone and a then requests a quote from the market maker for that order. A market maker is a firm that is always ready to buy Or sell a stock: Its quote displays both a bid price and an offer price at all points in time and an aim to make profits from the difference between both of them. This difference is called the bid/offer spread or the bid/ask spread.
Learn how to trade by making use of Neural Networks
Recently there has been a lot of buzz around Neural Networks in the trading markets. Packed with extremely powerful computing ability and bandwidth neural networks have the potential to allow systems used in trading evolve and learn in real time. Let’s take a brief look at neural networks.
Definition of Neural Network
It is simply defined as a computation model that imitates the way the human brain functions by computing extremely large amounts of data entered into the network to predict the possible outcome.
In technical terms, neural networks used in trading are usually data analysis protocols containing a very large amount of processing modules all intertwined through estimated probabilities.
It can be used in machine learning and pattern recognition which is naturally adaptive. When used in the right way, neutral networks learn by examining the results from previous steps.
Automated Trading Systems have made it possible for traders and investors to computerize/automate the trading process (execution and monitoring of trades) using defined exit and money management rules. The major reasons why traders and investors are leaning towards to use of strategic automated trading systems is the fact that it rids most of the emotion that goes with trading since the trades placed automatically once the set down criteria is met.
This article will provide an expression to automated trading systems, as well as discuss important advantages and disadvantages of strategy automation.
Let go the stress of daily trading; long-term investment is the right route to a pleasant retirement.
When it comes to investing in your future, there are numerous dimensions you could take. Over 7000 publicly traded stocks to pick from, various types of investment mediums and countless opportunities to invest willingly or seek the financial assistance of a consultant. In summary, there’s no fixed analysis or route that investors are encouraged to follow in order to hit their retirement target safe for one: long-term investing.
Investing in the long-term avails a number of benefits that investors who hurriedly go in and out of the market, or day trade over the short-term, just can’t benefit of. There are nine reasons long-term investment is undoubtedly the smartest and lucrative path to hitting your retirement target.
January 2018, (Markets in Financial Instruments Directive) MiFID II was implemented in Europe and this has spurred up a debate about how MiFID II has impacted the Forex Market.
Before we talk more on the Impact of MiFID II on Forez Markets, it is monumental that we have a proper understanding of what the MIFID was and why it calls for a change. When the MiFID was first announced and introduced, the program brought about a major rift in the cash equity markets.
In 2007, the program started monitoring financial institutions in the UK and EU. At this time the Brexit occurred, and the MiFID was forced to adapt to changes.
The goal was to get rid of cross-border financial services barriers, just like other barriers thrown out alongside Eurozone and the creation of the common currency. The Aim was to develop a marketplace with the highest level of transparency, one that is not only balance but also safe for all.
Most importantly, more so than any other firm I have worked at, is the emphasis you must put on yourself. You are totally in control of the gain and losses in your trading. You need to be extremely goal oriented. This entails choosing a time of the day to trade where your concentration level should be 100%. No family distractions or day to day activities. You have to commence with the idea that been committed to trading is been carried out when your environment is serene, basically a calm and silent time.
From the bases powerful strategy and focus, this six-stage mechanism is put forward. These are; discipline, routine, principles, rules, control, and patience.
Involves the review of previous prices in order to be able to predict future prices. Technical analyst concentrate only on the exchange rate between two currencies, because they are of the opinion that it represents the true state of the market at any point in time. Price chats are used to arrange price fluctuation into patterns that can easily be recognized. Candlestick represents the fundamental price pattern which often used for technical analysis. A single candlestick represents a summary of all trading decisions by all forex traders during the period the candlestick was being developed. There are different reasons that guide the decisions taken during the formation of a candlestick, however, what is of paramount importance is that the net outcome is recorded in an open, close, high and low of a candlestick.
The product description in this website is purely for informational purposes and does not constitute an offer or a recommendation to buy or sell securities or financial instruments. All prices, figures and levels have an indicative value only and do not constitute in any manner a firm price offer.
BlackALGO may not be held responsible for the financial or other consequences that may follow the subscription to or acquisition of such products. Investors should conduct their own analyses of the risks involved and where necessary must consult their own legal, financial, tax, accounting or other professional advisers before committing themselves.
The simulations presented in this website result from estimations at a given time, on the basis of parameters selected by BlackALGO, and can in no way be considered as a guarantee of future performance. Furthermore, BlackALGO may not be held responsible for any errors contained in the data.
BlackALGO is NOT an asset management company.