Tuesday, 29 August 2017

Psychology of trading profitably | SAS Online

August 29, 2017 0

Trading psychology is a key factor for the traders because they need to make their decision based on experience, judgments, and intuitions on certain occasions and they are all linked directly or indirectly with psychology. The psychology of a trader plays a key role or influence in the decision making abilities and strategies a trader usually employs to extract profits in the long run for his business. Therefore, particular emphasis must be given to the psychological emphasis of the trader to make sure he is implementing all the tricks of the trade properly and harvesting profits needed to drive the business.


The psychology of trading

Trading psychology and trait is an important aspect which has been covered before. The reason behind psychology being a key factor is the nature of the business. The nature of the business and the trading is such that the trader often faces a difficult situation in which he is forced to change the strategy and come up with something new. The volatile nature of the business makes it possible that strong psychological traits are exhibited by the traders in order to achieve success. This is where the part of psychology comes in as the decision-making process is entirely influenced by the psychology of a particular trader. Therefore, successful implementation of strategies and accomplishment usually requires the traders to have a good presence of mind. They must anticipate the situation properly before going on to a certain course of action.


Emotional stability is also a key factor which requires taking note of because sometimes emotions usually play a major role in the decision-making process of a businessman or a trader and this sometimes leads to disastrous results. Although psychology and emotions could not be strongly linked to each other their implication could have a strong correlation in finding out about the behavior patterns of the traders all around the globe. Therefore, strictly speaking there is no room for emotions in the trading business. Rather, one should have solid capabilities to handle pressure-cooker situation and make the most out of the situation only by staying calm and striking the iron when it is hot otherwise things might get very heated up.


Know what your fear

A successful trader must have a solid grasp of his fear. He simply cannot act in a way which will increase his risks of facing a fearful situation and that area would act as a benchmark for his activities. How does this work? If a trader knows that the instance of something happening will severely damage his wealth and reputation, the fear of it will not incline him to take that certain step and this piece of decision making could be termed as vital for some traders when situation get very boggy and requires the traders to remain conservative or defensive.


Another particular situation arises when the traders anticipating a loss tends to liquidate their assets completely and get the money out of the business which may be a completely different psychology. A trader must use his head not emotion and must not let fear take the better out of him. This is because the trader may also lose the opportunity to make some gain out of the market because volatility comes as a blessing for some traders. The psychology of risk taking must be present within all the traders and that risk should be constructive. A trader must know his limits and act according to the situation. He should neither be too conservative nor too aggressive. A successful trader must know how to balance the fear and hunger for success. He will also be able to balance out the aggressive and defensive nature of his strategies to make the most out of the business.


The other aspect related to fear involves giving too much emphasis or thought for a bad event which has taken place. Traders try to isolate themselves and think too much about the disaster rather than thinking progressively and taking strategies to get out of the situation. This may turn out to be very detrimental to the business and the trader must know how to tackle the distressful situation. He must not get into isolation or any kind of situation which makes it difficult for him to strike back rather he should focus on what could be done to bring the business back to its original position. As mentioned before, there should be no room for emotion and fear because they both are very harmful to the functioning of the business. This may not a very easy thing to implement in real life but with support from friends and family, a trader must know how to get rid of the difficult patch in his life and progress to something which carries more potential.


Control your greed

A trader must know how to control the greed in certain trading scenarios because greed may lead to trouble on occasions. Greed can always lead to the risk of a successful trader being blown out completely from a position of high rank. Although ambition is a very good thing for traders to have, greed is something which should be absent from the psychology of all the traders. Greed is something which potentially leaves devastating effects on the traders.


Now let us look at what makes greed a very violent thing. A trader who is greedy always develops in him the attitude “a little more could have been better “. This attitude never satisfies a trader who is greedy because no matter how much he makes he is always inclined to make more money. When you only pursue money keeping no strategy it always leads to trouble and this is what happens for traders who cannot control their greed.


A trader must successfully recognize whether this characteristic is present within him and completely try to get rid of it. The trader must develop in himself the ability to think rationally and create rational goals and objectives within his mind. He could then go for implementing the strategy. Another method involves, restricting a fixed target and keeping backup income plans about how much the trader is expecting in the worst case, neutral and best-case scenarios.


Trading rules are important

It is very important for the trader to play by the rules and have a psychology for respecting the rules of the game for earning profits. The approach taken by the traders in certain scenarios must be appropriate and within the rules. Often traders lack the attitude to play by the rules in times of unfavorable situation and this makes it very costlier for them. This attitude should be addressed by the trader and be taken rid of.


Stick to a trading plan

Different individuals have different methods of thinking and implementing their strategies. It is entirely up to an individual trader about what steps he should take to maximise his earnings. However, a trader must have a definite course of action or plan to achieve success in the highly fluctuating stock trading business. This psychology is absent in some traders who only seek to achieve the profit making aspect of the business and eventually suffers terrible losses. A successful trader should try to maximize his knowledge about his areas of interest. A stock trader interested in trading stocks about telecommunications should study relevant information and literature about that particular industry to keep him updated with the industry rules, regulations and guidelines. He will also find out about what actually is taking place which would make it much easier for the trader to design his own particular strategy.


A plan should be designed in such a way that it would educate the trader. A trader could achieve this objective by reading online articles, magazines related to his field of concentration and then grasp a hold of his areas of strengths and weaknesses. He could then develop a concrete plan which would help him to retain hold of over the business as well as keeping it profitable.


In addition, traders should go for trying out something new constantly and keep him completely updated with the industry information. Innovation is considered to be one of the key elements of success nowadays and a trader must try to introduce fresher strategies aligned with the trends of the industry. A trader could also review or assess the performance of their business periodically because this helps him to find out where he is making mistakes and this would lead to corrective mechanisms. Eventually, reducing mistakes would lead to an increase of his operating profits.


End note

A successful trader must know how to control his own psychology properly. Emotions can never be ruled out from humans. However, it can be minimized and successful trader must take note of this fact. A trader should develop in himself a competitive mind set which would help him to overcome all the odds and will make him psychologically strong.



 The trader should also develop in him the necessary skills and competencies required to flourish in the dynamic and voltaic stock trading business. His skills should be sharp enough to immediately induce a comment on seeing a particular piece of graph or chart.

Wednesday, 16 August 2017

Best Online Stock Broker

August 16, 2017 0
Best online stock broker involves a process which allows the individual investors and traders to buy and sell securities over an electronic network, usually with such a stock broking firm.
You will want to understand the differences in brokers as well as the type of investor you are before choosing a specific broker. Two types of brokers include discount brokers and full service brokers.



Discount brokers will charge a lower fee than a full service broker while providing minimum trading facility at a lower cost. This will generally allow for an investor trust the broker to make fast, real time decisions. Full service brokers provide multiple services apart from buying and selling shared. Many are bank subsidiaries providing a client with a savings account, demat account and online trading facility. Above all else, a full service broker will provide well established personal advice regarding market trends.

Best online stock Broker is someone who provides very competitive brokerage rates, with an excellent customer service. A online discount brokers is a stockbroker that does not offers investment advice to clients but carry out at cheapest cost. Internet has bought an explosion of online discount brokers that led individual with smaller capital to trade at a smaller fee

.
SAS Online offers trading at Rs 9 per-trade along with an exceptional proposal of unlimited trading plan. As per unlimited trading plan they offer unlimited trading equity at Rs 999 per month. What’s more, unlimited trading in MCX is at Rs999 per month and in currency is Rs 499 per month

Wednesday, 9 August 2017

Best Online Discount Brokers

August 09, 2017 0

Online Discount Brokers is someone who provides very competitive brokerage rates, with an excellent customer service. A online discount brokers is a stockbroker that does not offers investment advice to clients but carry out at cheapest cost. Internet has bought an explosion of online discount brokers that led individual with smaller capital to trade at a smaller fee.
SAS Online offers trading at Rs 9 per-trade along with an exceptional proposal of unlimited trading plan. As per unlimited trading plan they offer unlimited trading equity at Rs 999 per month. What’s more, unlimited trading in MCX is at Rs999 per month and in currency is Rs 499 per month.
Advantages of SAS Online
Advantages of working with a SAS Online's discount broker is that as the investor you can save a lot of money on transactions.
·         Unlike others, with SAS Online investors do not have to pay hefty amounts of money in commissions to brokers. These commissions might be a flat fee or they might be based on the volume of the trade.
·         By working with SAS Online's discount broker, an investor can save large amounts of money and increase profits.

·         Your investment is going to be safer than if you choose a small brokerage company that is relatively unknown.


Tuesday, 8 August 2017

Online Demat and Trading Account | SAS Online

August 08, 2017 0

If you want to buy or sell shares in the stock market,  you need an online demat and trading account.  An online demat and trading account helps you to place buy and sell orders for shares online. 

You will most likely need to open a account with any of the online brokers that will let you trade shares easily using its website or online trading platform. A web based online demat and trading account has 3 parts – a financial balance, an demat and trading account as likewise a demat account. 

The demat account will be used to store dematerialized shares in just the same way as a bank account is used to store your funds.  The  trading account will associate with the stock trade for exchanging securities on the web. You have to transfer funds from the bank account so that you can trade online using your trading account. Post transfer you can utilize these funds for purchasing and selling securities online.

Most banks these days give online trading facilities to any client who needs it. A trader can get to his internet trading account from anyplace he needs. All he needs is a computer and a net connection. Mobile applications likewise give access to demat and online trading account. 

Thursday, 3 August 2017

How to become a profitable stock trader?

August 03, 2017 0


















Stock Trading is today a buzzword in every household and office. People from all strata of the society are getting involved in stock trading. Everyone wants to gain some easy profit by trading stocks in the market. But is it really that easy? Perhaps it isn’t. Stock trading requires enormous amount of research, planning and strategizing before you can even earn minimal profits. Stock trading is like swimming or cycling, it can be very taxing at first, but once you get the flow it becomes easier and you can in fact make some good profits out of it.


Be Patient

If Tyler Darden was to say it, the three virtues of a successful online stock trading are patience, patience and patience. It is the most needed quality of a stock trader at any level of trading and in any situation. If you want to become a profitable stock trader this is the one thing that you cannot do without. You have to be persistent in pursuit of your goals and must not be affected by the tides going against you. You must be able to learn out of your mistakes and be ready to change your strategies if you find it necessary.


Do your research

The beginning of the career of a successful trader begins with educating oneself with the proper knowledge of the technical details in the field or else you might be left wondering what has a bull and a bear got to do in the stock market. One must research well before attempting anything in the real market. There are various virtual stock markets that can help you learn the basics of stock trading. The knowledge of the market conditions is also very important before you enter the market. You must be well-versed about the recent trends in the market and should know which stock has more credibility.


Plan your strategy

The next important step towards becoming a profitable trader is proper planning. Planning involves creating policies describing what sort of short-term strategies you would be using to achieve a long-term goal. This would be the foundation of your career for the foreseeable future because without a suitable plan you will most certainly find yourself at a loss. Detailed planning like what indicators you would be using and what settings of chart you would be referring during trading activities is necessary. You must also plan what would be the quantity and value of stocks you trade and the entry exit strategy. This would decide your profit or loss margin. It is very important that you make the plans based on your research and what you think would suit you best. You can achieve profit only when you stick to your plan with fervor almost characteristic of right wing radicals!


Keep yourself updated

To bring your plans and aspiration to fruition you must always be updated about the latest trends in the market. It is therefore extremely important that you invest not only your money but also your time in finding the right information. There are many information providers and analysts available online and otherwise for you to avail their services. It is always advisable that you consider and contemplate over the information by yourself before trading.If you have the right information about your stock which is updated and unsophisticated, then you can make calculated predictions which have more probability of yielding results. Make the best guess to gain the most. So it would be preferable that you are familiar with these information systems. It can come only after practice. Trading without proper knowledge and information is risky and in all chances you would be thrown out of the market before it even starts making any sense. Note that patience is very important here, as you will have to invest a lot of time in understanding how to correlate information with profit.


Follow the trend

A simple rule while trading is to follow the trend.Trends are strong indicators of what should be done. It is very dangerous to go against the trend. Traders often incur huge losses when going against the trend. Cautious exceptions can be made if you feel and know that the trends are going to change or reverse soon. In such cases you might make huge profits but remember that you are risking too much and if your predictions turn out to be wrong then losses would often be unimaginable.


Stick to your Stop Loss and Targets

Decide your stop loss price as well as your profit margin. Holding onto a stock thinking that the price will increase later on will only make you end up in more loss. It is therefore advisable to have a definite stop loss price. This is the price at which you will sell the stock no matter whatever you feel would happen next. Similarly you have to decide a profit margin at which you would sell your stock. Even if you feel that the prices are going to increase further, once you have reached the set profit margin you should sell your stock. This is a minimum risk policy as you decide what your loss or profit is. If you don’t adhere to your profit margin or stop loss price then you might end up in unfortunate situation. Also you should be careful about using your capital. If you are not economical while using your portfolio, your entire capital might get wiped off before you know it.


Keep your emotions at bay

Your emotions are an important factor that can make you or break you. Traders are often overwhelmed by emotions during market activities. So never ever underestimate the power of your emotions. Emotions can make you do things in seconds that thinking would take days. So do not trust your emotions while trading, it can get very treacherous. Greed is a very common emotion that can overcome you and your well researched plans. Whatever happens, a trader must be emotionally stable and should not waver away from his/her plans and strategies.

Becoming a profitable stock trader is a dream cherished by many and it is not difficult to realize this either. All it requires is patience and persistency. A trader never gives into emotions or prejudiced judgments. Successful stock trading evolves from following one trading style. Determination is always a pre-requisite to make profits in the long run. A trader must never enter the market in doubts. Greed and fear are perilous paths and must be avoided at all costs.


Do your research, plan your strategy, adhere to your plans, wait patiently for your moment and be the success you always wanted to be.


Online Discount Brokerage in India | SAS Online

August 03, 2017 0

















Brokerage is the fee charged by any broker for providing broking services and online brokerage is charged for online broking services. Discount brokers are the online stock brokers who offer extremely inexpensive online brokerage plans to both retail and institutional investors in India for using their online services

Discount brokers do not provide all the services provided by any traditional broker and hence they charge a brokerage that is at a discount to what is charged by traditional brokers. Usually charging price per trade is the norm. 

SAS Online, Zerodha & RKSV are pioneers in the online discount brokerage industry. A flat online brokerage may also be charged for the services provided that can be substantially lower than the amount charged by conventional brokers. 

SAS Online provides trading services at only Rs.9 per-trade coupled with an excellent proposal of providing unlimited trading plan. As per their unlimited brokerage plan SAS Online offers unlimited online trading in equity at just Rs.999 fixed pay per month. 

Wednesday, 2 August 2017

Online Stock Trading Brokers | SAS Online

August 02, 2017 0

Investing in stocks online, also frequently referred to as online stock trading brokers or simply trading online, refers to the action of placing purchase and/or sell orders pertaining to financial securities such as equities or shares by using the web-based registered online trading platforms provided by a registered best online stock broker

Stock brokers in India purchase and sell stocks through a stock exchange and charge a commission, called brokerage, for the services they provide. A broker, therefore, is basically a person who holds a license to trade in stocks through the stock exchange. He can be physically present on the trading floor or he can place trading orders by phone or nowadays even through a computer. Online stock trading brokers offer their stock trading services through an online portal.


 Online stock trading involves a process which allows the individual investors and traders to buy and sell securities over an electronic network, usually with such a stock broking firm.

You will want to understand the differences in brokers as well as the type of investor you are before choosing a specific broker. Two types of brokers include discount brokers and full service brokers.
Discount brokers will charge a lower fee than a full service broker while providing minimum trading facility at a lower cost. This will generally allow for an investor trust the broker to make fast, real time decisions. Full service brokers provide multiple services apart from buying and selling shared. Many are bank subsidiaries providing a client with a savings account, demat account and online trading facility. Above all else, a full service broker will provide well established personal advice regarding market trends.

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