Forex binary trading is one of the best trading options you can ever consider. Trading forex will give you better returns and as well the level of risking your money is also low. Forex trading requires intense knowledge and also the trader must be much familiar with currency fluctuations. (more…)
Online Trading: Its History and Development
The online trading of financial securities is a natural use for the computer industry. The NASDAQ Stock Exchange, which is all electronic, goes back as far as 1971, though at that time networking technologies could not yet support the active buying and selling of stocks or other financial instruments.
However, the vast quantities of financial assets which can be bought and sold by millions of people around the world make the process much easier when tracked and facilitated by computers. Storing and manipulating such detailed data is their specialty.
Electronic Communications Networks
People who wished to make money by buying and selling securities, trading, had to depend on calling up their brokers, a frustrating situation. They had little control over the result. However, by the late 1980s, most stocks bought and sold on the NASDAQ exchange were traded over Electronic Communications Networks (ECN). However, only market makers and major traders could access the ECNs.
The Rise of Online Brokerages
By 1995, the Internet had become accessible to the general public, and new, low-cost brokerages such E-Trade and Ameritrade formed to take advantage of the ability to take customer orders online rather than over the telephone.
The High Tech Stock Boom
Internet stocks were starting to skyrocket to the sky, and many individuals believed they could make money on the ups and downs of financial securities. They used dedicated software platform such as Trade Station to access the market, analyze everything according to the numbers the service providing, using graphs and other visual support.
Some people found places offering similar services. They paid, and had access to information denied ordinary brokerage customers. There were similar services for those seeking to trade the trillion dollar Interbank foreign exchange markets.
Day Trading Became Popular
Stories of day trading using online trading to make fortunes buying Microsoft and Intel on dips and selling them on rises became as common in the 1990s as the stories of young people getting an idea for a website and turning it into a billion dollar business practically overnight. These day traders typically followed the technology companies whose products they knew and used. Therefore, the already volatile Cisco and Netscape company shares became popular for day traders.
In 1999, thinkorswim developed a terrific platform for options traders. Its platform included a wide selection of tools with which to analyze trades and perform research. TD Ameritrade bought it in 2009.
Now, online trading can take place on smartphones and tablets. The technology changes, but not the desire for traders to profit from their opinions.
Complicated This is the answer that no one wants to listen. There is not any simple answer to this question. One must understand that the risk with every trade varies dramatically and so is the amount to put in to the trade. One need to judge the minimum amount based…
Investing in gold while trading in binary option trading in Forex market is one of the most powerful and profitable combination. There are a lot of provisions for spot gold trading in Forex market. An experienced trader can enjoy his trade in binary option trading Forex, made in spot gold…
Forex trading means foreign exchange market, which is present in places where one currency can be traded for another, for instance dollar to euro. Forex around the world is considered the market with the most liquidity, which means that the exchange flows without significant value loss. (more…)
As fast as binary trading options are being popular, strategies and instruments are being popular more and more, and people are using it for trading successfully. Binary option trade can earn you up to 85% of profit on your invested money in very short time. (more…)
Everyone wants to try their skills in the Foreign Exchange trading market. The main reason behind this change is the fluctuations in the world economy. The major shut down the United States had inspired many to start trading. It is a kind of self-employment. You are your own boss. Also,…
This subject is mostly unheard and may be untouched, but there should be a discussion on the psychology a trader faces while he turns up for a trade. This may sound out of concern, but may help a lot, if all those emotions are understood. (more…)
Binary options and Forex both have become more popular in the trading world. The binary options offer high profits and returns and the Forex offers high risk and high returns. We have brought to you the comparison between two of them, taking all aspects in mind. Let us start…
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17th January 2014. The latest reports from the media of the United States of America revealed that the Office of the Comptroller of the Currency and the US Federal Reserve is investigating about the alleged Forex scam by the Citi Group. The two organizations of the US government have also…