Online Trading Guide

Online trading definition is a basic understanding of online trading processes. Since the invention of Internet people have beena able to do practically everything virtually. Due to the Internet online trading has become one of the most popular ways to trade as far as stock trading turned out to be as available to independent investors as possible. Online trading gives both beginners who've just had a single day trading course and advanced traders an opportunity to trade stocks, options, forex and futures all over the world without physical presence of a broker and with much lower commissions, because everything is done online .

Stock online trading is based on buying and selling stocks. Today stock online trading is the most popular method to trade owing to computers, because information on stocks was available only to brokers and you had to call a broker and pay brokerages for buying or selling stocks and now this information is widely available. Since this modifications occurred traders can control their investments with the help of Internet.

Stock option online trading is based on buying and selling options and very perspective financial products. This system gives traders a perfect chance to control and protect their stocks and generate their investment benefits as far as an option is an agreement to buy or to sell certain financial product. The main idea of stock option online trading is that an option you buy has its fixed price and time limitation.

Forex online trading is another speculative online business based on buying and selling foreign exchange, gaining profits due to rise and fall of currency rate, namely on the difference between the currency pairs price.

Futures online trading is another kind of online trading which is based on buying and selling financial products (commodities, labour, currency) by means of futures contracts. Such contract specifies a particular date (delivery date or final settlement date) in the future when a certain financial product should be bought or sold and this product's price.

Speaking about online trading it's necessary to say about safe online trading. It's obvious that in order to trade online you'll have to open your online account and choose online trading software. When you choose a certain website for your future account, you should search for information about a company you are going to fix upon and make sure that it has a trustworthy reputation. The same refers to choosing online trading software, platform and online trading portal.

In conclusion it's necessary to say that online trading is a perfect opportunity to trade and earn money but still it's obvious that online trading is not for everyone. That's why before you start trading, you should find out more about online trading pros and cons, online trading concepts and of course about online trading tips. Knowledge is a main key for your successful online trading, don't ever identify online trading with gambling because the results of such approach can be disastrous.

Ensure your finances are structured accordingly before you hit the trading floors online ... If debt free advice is required ... ensure you seek quality advice.

Dollar Drops on Asian Improved Data

The U.S. dollar started this Friday's trading session losing versus most of the 16 main traded currencies as reports in Asia didn't confirm mediocre forecasts and brought optimism towards the global economic recovery.

The dollar fell for a second day after touching the highest price in 2010 versus the euro earlier this week as bank lending improved in the South Pacific region and Japan's monthly retail sales advanced surprising forecasts and pushing Asian stocks up, indirectly affecting the greenback rates to lower levels.

EUR / USD climbed to 1.3595 as of 4:24 am GMT from an intraday price of 1.3456.

Euro Rebounds on Greek Crisis Comments, U.S. Home Sales

The euro had the sharpest gains today this week as speculations that Greece will be bailed out by public lenders associated with worse than expected real state data in the US were supportive for a corrective movement on the euro's charts.

The European single currency is going to end this week with one of the best performances since the beginning of 2010 as German officials mentioned that Greece may be helped financially by a public EU institution, allowing the euro to gain on grounds that the budget crisis in the southern European nation is near to an end. The euro was also helped by a decline in attractiveness for assets in the US, as the market sentiment fell significantly after an existing home sales report that brought figures much below forecasts was released, making the greenback one of the biggest lowers today in forex markets.

The comments on an eventual bailout for Greece were a breather for the euro, and the impact of US poor data allowed this rally to be extended according to analysts. In practical terms, the situation in the U.S. is still far better than in Europe.

EUR / USD traded at 1.3607 as of 18:06 GMT from a previous intraday rate of 1.3531.

Singapore's Dollar Gains on Asian and Domestic Economic Data

The Singapore dollar had one of the best weekly performances since the beginning of the year as optimism towards the domestic and regional economies improved, allowing the Singaporean currency to gain towards the weekend.

After Singapore's industrial production rose last month in the seasonally adjust annual rate as much as twice what forecasts suggested, the country's dollar rose, with several countries in Asia, as South Korea and Malaysia also contributing for the optimism growth in the region this week.

USD / SGD ended the week at 1.4086 from as high as 1.4125 during the week.

Canadian Dollar Benefits from Poor U.S. Data

The Canadian dollar pared some of the losses occurred this week as risk appetite rose significantly before the end of this Friday's session, allowing the loonie and other currencies tied to growth to outperform a weakened US dollar.

After a report in the U.S. showed a decrease in seasonally adjusted existing home sales figures, the loonie rose versus its US counterpart, also helped by an increase in risk appetite as the Asian economy produced better than expected data this Friday, allowing stocks and commodities to trade high before markets closed.

USD / CAD closed at 1.0513 from as high as 1.0675 this week.

Loonie's Rally Ends on Oil Drop

The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting also the loonie's advance.

The Canadian dollar ended today its longest winning streak in more than five years and pessimism rose in Europe, spreading later on to a global scale, which affected appeal for stocks and commodities in North America, markets with strong correlation with the loonie rates, making Canada's currency to step back towards parity with its US counterpart.

The positive aspect of today's retreat for the loonie, is that after such a strong advance, it wasn't the Bank of Canada which forced its currency down with statements or concrete measures to halt its rally, but, in fact, fundamental aspects of the international market scenario were behind the loonie's drop today, signaling that for the moment, the nation's central bank is not again its currency strong levels.

USD / CAD traded at 1.0166 as of 03:53 GMT from as low as 1.0071 this Thursday.

Recession's Return Sets Pound Down

The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week's session, setting the pound to plunge once again paring the advances earned during the middle of the week.

The economic situation in England is really having a hard time to pick up, and today, after Bank of England policy maker Andrew Sentance affirmed today that the United Kingdom may see itself back into negative economic growth, which could be understood that interest rate hikes aren 't in the BOE's plans for the next months, shunning investors from price pound assets. Another negative factor weighing on the sterling rates is that a growing budget deficit in the country is likely to lead the government to tighten its expenses, which may reflect on the British economic growth conditions.

Not only in the UK, but pessimism was the the rule this Friday in Europe as nobody has a direct answer to the Greek budget deficit question, setting traders back on their riskier bets. It looks like this year will not be a good one for the UK's economy, again.

GBP / USD closed the week at 1.5009 from 1.5263 on Thursday.

Dollar Ends Week Advancing on Uncertainties

The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week's trading session as multiple events worldwide set risk aversion to higher levels, as the news released today indicated negative surprises for financial markets' investors.

The Dow Jones Industrial Average fell for the first day in almost two weeks today, in a day were pessimist reigned and commodities and equities fell globally, bringing investors to guard their portfolio in safer assets available in the United States. The Great Britain pound declined after central bankers indicated that the country may plunge into recession again, and in the Eurozone, concerns regarding who is up to provide a bailout for Greece declined once again confidence for markets in the region.

Today's market seemed of those in the worst moments of the global crisis, when bad events were positive for the dollar as traders opted for safety. The growing cuts on European expenses and general uncertainty towards financial markets may lead the world to another phase of recession.

EUR / USD closed at 1.3527 from Thursday's rate of 1.3603.

Euro: Who Will Rescue Greece?

The European single currency declined sharply in a day of strong volatility this Thursday as neither Greek officials nor ECB officials have found a solution to solve Greece's budget deficit's issues, in a drama that have been lasting more than traders in the region could expect.

Today, after important European leaders from multiple nation's using the euro affirmed that a bailout for Greece would need the International Monetary Fund support, the euro declined versus most of the 16 main traded currencies in foreign-exchange markets, as persistent uncertainties regarding several Eurozone members growing budget deficit are continuing to affect the confidence towards assets in the region, as traders opt for safer bets regionally, as the Swiss franc, and globally, as the US dollar.

Everyday that passes by with Greece's budget crisis unsolved, will weigh more on the euro, as it evidences not only the financial complications in some Eurozone member countries, but also the European officials' inability to provide a feasible solution for the problem, making the euro even more unattractive.

EUR / USD traded at 1.3463 as of 01:46 GMT from a previous intraday rate 1.3519.

Canadian Dollar Retrieves Bullish Path

The Canadian dollar advanced for the first time this week this Tuesday, as markets with strong correlation with the loonie provided support for the currency to gain specially versus its US counterpart, but as well as important currencies globally.

After the loonie traded near parity with the greenback last week, the currency experienced a considerable fall as traders considered the rally excessive, specially after the crude oil ended the strongest rally in 2010 towards the end of last week's session, affecting Canada's dollar performance as it accounts for a good percentage of the Canadian exports' revenues. Pessimism in Europe regarding a week economic performance in Norway and Greece's budget deficit also contributed for the loonie's advance today.

The loonie seems to be have found its way back towards parity once again, as commodities as stocks rebounded today. European markets are, for the moment, unattractive, and, as the Fed signaled that rate hikes aren't coming so soon, the Canadian dollar is one of the best bets for the moment in forex markets.

USD / CAD traded at 1.0170 as of 04:01 GMT from as high as 1.0225 during Tuesday's session.

Euro Bleeds with Portugal Downgrade

The euro declined versus all of the 16 main traded currencies this Wednesday as Portugal started to raise concerns strongly, after an important financial agency cut its credit rating for the first time, showing that hard times are still to come for the Eurozone.

Fitch Ratings lowered Portugal's credit rating one step to AA-with a negative outlook, considering more credit rate cuts to come during this year or the next, if the southern European nation's doesn't find efficient methods to boost its economy and tighten its budget deficit , causing an immediate impact in the euro, allowing the greenback to touch the highest price versus the EU's single currency in 2010. Fitch's statements also brought risk aversion to strong levels today, allowing refuge currencies to be the best performers in forex markets today, including the Swiss franc and the Japanese yen.

Greece now has an "official" partner on its struggle to adjust its natonial accounts, and even if Portugal's economic difficulties are already well known by traders, the official credit rate cut by Fitchs certainly brought more pessimism to the region, making the euro to move towards the worst quarterly performer since 2008.

EUR / USD traded at 1.3325 as of 02:14 GMT from a previous intraday rate of 1.3427.

Greece, Portugal, Trichet, All Against the Euro

The euro continued to drop today versus its main trading partners currencies and is going to post another weekly decline as concerns regarding the region's growing budget deficit are still far from a solution, raising aversion towards assets in the region.

After Fitch Ratings downgraded Portugal's credit rating and concerns in Greece continued to haunt European markets, the euro declined to the lowest level in 10 months versus the US dollar, losing also versus most of the main 16 traded currencies in forex markets, as the economic outlook in virtually every corner of the world is currency better than those of some Eurozone members. European Central Bank President Jean-Claude Trichet made statements against an eventual IMF help towards any Eurozone members, referring himself to Greece, which is likely to recur towards the IMF for funding its plans of national budget readjustments.

The situation in the Eurozone is worsening by the day, and as government officials produce statements in opposite directions, the market sentiment towards the euro is going down, which is likely to set the single currency to new record lows in the following weeks.

EUR / USD traded at 1.3276 as of 21:35 GMT from a previous intraday rate of 1.3332.

Dollar Confirms Another Weekly Gain on EU Crisis

The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets overseas, affecting also risk driven markets negatively.

Despite the fact a French-German bailout plan for Greece was unveiled towards the end of this week, the EU couldn't revert a strong negative sentiment towards assets in the region, specially after Portugal has started to hit the headlines after it credit was downgraded by Fitch Ratings, which was expected to an extent, but the actual fact weighed on the currency's outlook anyways. The delay among government officials in Europe and the lack of efficiency to deal with the budget gap issues is making the euro one of the most unattractive currencies in the beginning of 2010 before the end of the year's first quarter next week, which allowed the dollar to perform well for another week versus the bloc's single currency.

Eurozone members budget deficit is certainly affect the euro's rate, but it's important to remember, that several of its main trading partner, as the US and UK, have also growing budget deficits, and the consequent problems in these regions may allow the euro to pare some of its losses at some point this year, specially versus the dollar, as US budget deficit concerns may rise in the following months.

EUR / USD closed at 1.3408 from an opening rate of 1.3524 in the beginning of the week.

Canadian Dollar Falls as Rally Slows

The Canadian dollar dropped versus 9 of most traded currencies this week on concern among speculators that its rally won't last.

The Canadian currency fell against the euro as European government's plans to help Greece bolstered confidence in the European currency. The currency slipped against the U.S. dollar after crude oil declined 0.7 percent for the third week. The loonie is closely tied with oil prices because Canada is one of the biggest exporters of the crude oil.

The race to parity between CAD and USD is slowing for a time. Analysts think that the currency should advance as the nation's economy improves, but it's just not apparent this week.

USD / CAD went up to 1.0264 this week after opening at 1.0161 on Monday. This growth follows last week's decline to 1.0059, minimum level since July 2008.

Dollar Down on Renewed Global Confidence

After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday's session losing versus important worldwide currencies, as risk appetite brought investors to purchase assets in higher-yielding markets.

The U.S. dollar became less attractive today as expectations regarding the global economic recovery in 2010 gained strength before reports that are likely to bring positive data in both North America and Europe, allowing the euro to gain versus the greenback after finally an agreement was made between Greece and the EU to solve the southern nation budget deficit crisis. A positive trend in commodity markets also boosted appeal for currencies tied to growth, specially in the South Pacific region.

According to analysts, we are expecting a new swing in the beginning of this week as uncertainty still plagues markets worldwide, and high volatility is expected for the next sessions, this time with a positive tone, if the forecasts are confirmed in the reports to be released this week.

EUR / USD traded at 1.3483 as of 04:21 GMT from as low as 1.3417 this Monday.

Online Stock Trading Guide

Everything You Need to Start Online Trading

Stock Market Facts: -

* 9,500,000 millionaires in Global.
* 98% of millionaires increase or create their wealth investing in the Stock Market.
* 80% of them started with nothing.
Whether you're a seasoned investor, day or swing trader, or sitting on the sidelines wondering what to do, there are billions of dollars being made and lost through online trading in the markets of the world every day. This is your chance to put some of that money into your pocket.

Every type of investments are based on three essential components:
• Money
obvious requirement for any investments and may dictate the direction of the others two elements.
• Mentality
deals with personality and the ability to handle various approaches.
• Method
involves all the pieces needed to put your money and your mentality to work in a market environment.

Our goal here is to provide you with solid information and articles that you can use to increase your personal wealth by making the right investments decision. We cannot do much about the amount of money but we can help you in the mentality and method that focuses on a trading philosophy in a market that offers huge opportunities.

Please keep in mind that we are not registered investment advisors, and our opinions are just that - opinions. Nevertheless, we've assembled, a great deal of information on the topics that we consider most important to amateur investors.

Making the right choices in online stock trading can make you wealthier than your wildest dreams!

Get ready for an in-depth education that won't take you weeks to get through. Our articles are timely, easy to read, and won't bog you down with big words and confusing concepts. We'll keep it light and easy so you can make the most out of your investment experience

Canadian Dollar Reaches Parity with U.S. Currency

The Canadian dollar reached parity with the greenback and traded at a higher level compared to its US counterpart today for the first time since July 2008 amid soaring prices for the crude oil, the main nation's export, on outlook for higher interest rates and because of rising prices for some commodities.

The Canadian currency, commonly referred to as the loonie, benefited from the increasing price for the crude oil, which reached the highest level since October 2008 today as the global economic recovery have led to expectations for the growing fuel demand. The country, being the biggest trading partner of the US, profited from the increasing US demand for such commodities as gold, copper, oil and wheat. The demand from the emerging markets, like China and India, is also improving the Canadian economy.

Analysts think that loonie's parity with the US currency will become a normal situation in the near future. Canada is the second biggest wheat exporter in the world and also has the biggest pool of oil reserves except the Middle East.

USD / CAD reached 1.0000 as of 19:14 GMT after opening at 1.0019 and reaching the lowest level of 0.9987 today. EUR / CAD trade at 1.3398 down from the opening price of 1.3497.

Fed Keeps Interest Rates Low, Will It Harm Dollar?

The U.S. dollar's advance may be held in check by the Federal Reserve's decision to continue keeping the interest rates low on signs that the inflation slowdown will continue for some time and the risk of increasing the borrowing costs too soon before the economy fully recovers.

The Fed lowered its 2010 and 2011 inflation forecasts, excluding food and energy (their estimations were already below 2009 levels). Yet the Fed officials are still looking for evidences of a robust recovery from the economic recession and they are ready to take any action needed to keep inflation under control. From the Fed officials' point of view the high unemployment and the tight credit are putting restraint on the economic rebound.

USD / JPY traded at 93.97 as of 9:45 GMT after it opened at 93.78 today. USD / CAD traded near 0.9986 down form the opening level of 1.0017.

Indian Rupee Falls as Importers Prefer Dollar

The Indian rupee fell as importers, particularly the nation's refiners, increased the buying of the US dollar to pay for increasingly costlier overseas purchases, utilizing the US currency's strength.

The stronger rupee may attract trader by decreasing the cost of overseas shipments, but for now gains in the greenback has made US currency more appealing for importers, who are looking for the ways to lower their expenditures as the prices for commodities, especially the crude oil, are rising worldwide. Banks are also purchasing the dollar to cover the short positions. Analysts expect the rupee to trade at 44.58 per dollar, compared with the previous estimate of 44.51.

The Indian currency's previous appreciation was caused by the outlook that the expanding economy and the increasing interest rates will attract foreign funds. The country's imports rose 66.4 percent in February compared to the previous year, while exports advanced 34.8 percent.

USD / INR trade at 44.41 as of 17:10 GMT up from the opening price 44.30. EUR / INR traded near 59.3749 by 17:15 GMT after opening at 59.4483.

China Lets Yuan Appreciate

The Chinese yuan gained on the prospect that the central bank will stop keeping the currency at current rate, removing the a 21-month-old peg, and allow it to appreciate, attempting to keep the inflation under control and also to make imports cheaper.

The People's Bank of China revealed its plan to sell the three-year bills to drain the cash from the financial system for the first time since 2008, causing the speculation that this may be followed by the increase in the benchmark interest rates, the first increase for more than two years. Twelve-month non-deliverable forwards have advanced previously to 6.6395 per dollar, reflecting bets that the Chinese currency will rise from the spot rate of 6.8256 by 2.9 percent.

Timothy F. Geithner, the U.S. Treasury Secretary, expressed his opinion that China can make its own decision on when to revalue the yuan. According to him:

This is China's choice, it's their judgment to make. I am confident that China will decide it's in their interest to resume the move to a more flexible exchange rate.

Yet there is remains the possibility that the US will blame China for currency manipulations, if China will try to hold the current price of its currency.

USD / CNY fell as low as 6.8249 today after opening at 6.8260 but went up to 6.8264 as of 21:10 GMT. EUR / CNY dropped today to 9.1056 by 21:15 GMT from the opening price of 9.1421.

Rand Rebounds After Falling on Concern for Power Funding

The rand dropped today for the third straight day as the speculation that the World Bank won't grant the loan for Eskom Holdings Ltd., Which would be used to fund the construction of the coal-fired Medupi plant, arose concern for economic expansion of the region and doubts about the capital inflows, but after its fall the currency rebounded.

Eskom Holdings Ltd. is the South Africa's state power utility, which provides about 95 percent of South Africa's electricity.

It is looking for the $ 3.75 billion loan for the construction of the 4,800-megawatt coal plant, which will likely become the fourth-largest in the world. The three U.S. lawmakers from the committees, overseeing the World Bank's policy and funding, demanded more environmental and social commitments related to the plant from Eskom. Pravin Gordhan, the South African Minister of Finance, announced last week that South Africa won't agree to any conditions for receiving the loan.

The South Africa's economy may experience severe consequences in case the region's power requirements won't be properly funded, as the result the rand may be hurt if the loan will be rejected. The loan may also be required to attract the foreign-currency inflows. The protests of the environmental activists may cause the UK, which have an influence on the important decisions of the World Bank, to halt the offer.

USD / ZAR dropped to 7.266 today as of 18:50 GMT after it opened at 7.273 and reached as high as 7.356. EUR / ZAR traded at 9.703 by 18:47 GMT after opening at 9.6979 and reaching its lowest level of 9.6718.

Canadian Dollar Resumes Its Rally to Parity After Falling

The Canadian dollar fell versus its U.S. counterpart after it have reached parity for the first time since July 2008 for a second straight day after the report that the Bank of Canada revealed its plans to increase the interest rate with a faster pace, but then erased its loses and is heading to parity again at present time.

Mark Carney, the Governor of the Bank of Canada, announced in the previous month his intention to increase the benchmark interest rate from a record low 0.25 percent by June 1st because the inflation was rising faster than expected. The Canadian currency looks strong over the long term, though, considering its history of gains against the greenback, as was proved when the loonie resumed its rally to parity.

USD / CAD traded at 1.0030 as of 19:00 GMT after opening at 1.0059 and rising to its highest level of 1.0104.

Pound Is Rising with U.K. Production

The Great Britain pound rebounded against the US dollar and the Japanese yen on the signs that the factory production in the UK surged in February by twice as much as the analysts predicted, to the highest since 2008, as the recent declines of the pound were helping the economy to recover.

Manufacturing output increased 1.3 percent compared to the month earlier and the index of the factory production jumped to 90.1, the highest level since December 2008. The pound declined earlier as the election polls left uncertainty about the strength of the winning party and its ability to deal with the budget deficit, helping the exporters and bolstering the economy. The yield on the benchmark two-year government bond declined today by 5 basis points to 1.159 percent.

Analysts say that, while the manufacturing and the economic recovery are growing in momentum, it is a long way before the production returns to its full strength and the economy fully recovers. Until then the manufactures may encounter harsh conditions and this year may be tough. The Bank of England kept its bond-purchase plan at 200 billion pounds ($ 304 billion) after the officials discussed today if the rebound is strong enough to continue.

GBP / USD closed at 1.5278 at April 8th after opening at 1.5239. GBP / JPY closed at 142.64 up from the opening price of 142.23. EUR / GBP traded near 0.8742