Decide What Market to Trade
More markets are available for trading today than ever before in the history of the world. Markets are not only available, but public access is easier than ever.
With the advent of computers, high-speed internet access, and online electronic trading, you can sit at home and trade stocks, commodities, bonds, currencies, futures and options all over the world from the comfort of your own home.
Day trading for those who work during the day
As high speed internet and market access become more easily available, day trading has become very popular. It still attracts a lot of people who like the possibility of making money quickly, and not having to wait a year for a 6 percent return.
Unfortunately, most potential day traders have to work a day job while trying to learn day trading. One solution to this problem is the spot forex market, which trades in the fluctuations of global currencies. This market is traded 24 hours around the clock. Now, regardless of continent or opening hours, you can enjoy daily currency trading in some markets somewhere in the world.
Finding a bull market
In the old days, people complained about the bad market and felt financially enslaved to everything the market does. The “market” they were referring to was the stock market, often measured by the Dow 30 or the S&P 500.
Today, there is not a single “market” to which your financial future is tied. You get access to all kinds of markets that can move very differently than the US stock market. Access international markets, emerging markets, frontier funds, gold, oil, real estate, bonds, currencies and more, all available to you in a matter of seconds with a simple click of a button.
Letting technology find the best trades for you
Not only do computers give you quick access to placing orders in markets around the world, but they can also help you find the best trades in those markets. Scanning software is becoming increasingly complex and inexpensive. Retailers have access to incredibly powerful software that can scan tens of thousands of markets based on hundreds of possible criteria you specify.
In a matter of minutes, you can have a list of markets that meet your criteria for fundamental and/or technical analysis. Today, the world of finance is your oyster!