Scrapbooking, other interests

Welcome back fellow readers.  I thought it was about time to get the fingers on the keyboard again, as it has been a few months since I added content on  Share Trading – Part 2 post.

As I  wrote in my last post,  share trading  is serious, as you do have to keep your mind clear and concentrated on what you are doing,  also fun at the same time,  get enjoyment out of it.   Trading can be a career,  so you treat it like that. Nowadays with the Internet and Technology moving fast, you can do your own Trading at home. When placing trades or checking trades,  make   sure you do not have any interruptions, as lose of concentration can lead to :

*  Disappointment

*  Loss of money, assets

*  Angry outbursts,  crying

This is the Life * Not ever Trading again!!!!
These are just a few of  actions that can happen if you place a wrong trade or  forget to put your stops in. Times like these is when you make sure you have your Brokerage phone number handy, so you ring them and get out of the trade.   I  can vouch for this  as I have  first hand knowledge, having to get out of a couple of trades myself, last year. There were interruptions  when I was placing my trades,  I had to leave my computer, when I returned I checked and thought I knew where I was at,  pressed the Enter  Key,  and bham….. wrong amount entered!! So I quickly rang my Brokerage, ( this is when you have the phone number nearby),  and explained what had just happened and they put stops on the trade.  I was lucky, I had the trade stopped very quickly,   there was not a lot of money lost.

Share Trading -  Part 2,  I will touch on some areas  in particular  that you can Trade,  they are :-

Commodities/ Futures -   These include items such as  Indexes, Financials,Grains, Livestock,  Metals,

Energies and Softs.

Forex               -   These are your currencies =  Aus. Dollar, US Dollar, Japenese Yen, Euro, Swiss Franc,

British Pound, Canadian Dollar,  there are other currencies as well.

Options             -    An option is =  The right to Buy or Sell a Certain Stock at a Certain Price by a Certain

Time/ Date.   Buy is  a Call Option,   Sell is a Put Option.

Nanny in Vanuatu Successful traders  can have Lifestyles  that 95% of the population envy!!   All you need is a vision and believe in yourself,   things are possible!   Like traveling the World,  Toys-

Boats, Cars, material items,  Houses/  apartments  by the Beach!!  The Traders earn these luxuries,  by  putting in the hard yards for a few years then

benefit later on.   I am aware of this, as I know a very dear friend,  who

sacrificed   his family time early,  so now he is reaping the rewards, enjoying his family, and  travels the universe.    You too can have fun with Trading.

Well I will finish off here for this post  Share Trading – Part 2,    you can join me here in my next post,           see you……………………..

November 29th, 2009 at 3:15p11 and tagged , , , , , ,  | Comments & Trackbacks (1) | Permalink