Trading Stocks from Home

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Trading Stocks from Home By www. profitabletradingtips.com

Transcript of Trading Stocks from Home

Page 1: Trading Stocks from Home

Trading Stocks from Home

By www.profitabletradingtips.com

Page 2: Trading Stocks from Home

http://profitabletradingtips.com/trading-investing/trading-stocks-from-home

Learn how to trade stocks online and you can make money trading

stocks from home.

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Today, using the internet, traders can access information, make decisions and take action

between sips of their cup of home brewed coffee.

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Online trading gives the home trader the same opportunities

as large institutional traders and investors.

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Traders can do minute by minute technical analysis of stocks in order to profit from

the short term inefficiencies in the market.

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Trading stocks from home starts with learning about stocks and

what drives their pricing.

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Besides understanding the fundamentals and technical

aspects of stock trading stocks from home requires adequate hardware and software as well

as a fast and secure internet connection.

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The last thing that you want to be is be stuck in a bad trade when the power goes off of

your internet connection fails.

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With these thoughts in mind here is a snapshot of trading

stocks from home.

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Your Dress Can Be Casual but Your Approach Needs to Be All

Business

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It is entirely possible to get up in the morning, go for a jog, take a

shower, eat breakfast and sit down at your trade station in a clean pair of running shorts and

a T-shirt.

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There is no dress code for trading stocks from home.

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However, don’t let the casual aspects of trading stocks from

home fool you.

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The same degree of fundamental and technical

analysis are needed for at home trading as for trading from an

office trade station.

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A good friend of this writer used to trade Forex online.

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One day he got a phone call from his girlfriend just as he placed a promising trade.

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He didn’t forget to place his buy and sell stops on the trade.

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However, he did not notice that the market was about to close.

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When he hung up from his phone call he realized that the

market had closed.

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He was trading stocks from home as a day trader.

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His strategy was to scalp profits from the normal up and down movements that occur during

the day.

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He had entered a buy order on a stock without considering any

trend longer than the next minutes to hour.

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Now he was stuck on a stock over the Labor Day weekend.

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If the stock gapped down on opening the next Tuesday he

would be toast.

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Luckily it gapped up as Lady Luck smiled him.

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He promptly closed the trade and said a little prayer as he pocketed handsome profits.

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If the gap had gone the other way he would have had to have

return to his day job as he would have lost all of his trading

capital.

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Trading stocks from home is still a business and you still need to

pay attention.

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That having been said the field is wide open for the home

trader.

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Trading defense stocks, penny stock trading, or trading any sector in which you have a

degree of expertise and the

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willingness to do homework can be profitable and you never have to leave the comfort of

your own home.