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How to Start Trading Stocks And Become Very Successful At It

How to Start Trading Stocks And Become Very Successful At It

If you want to start trading stocks, this post is designed to help you not to make some very common mistakes that can affect you. Avoiding them will enable you to have a better experience.

As the economy is going down a stock trader’s life is getting harder. However, a great stock trader will always find a way to make money through none other way than stock trading. How could this even be possible? Like in everything else knowledge is power. The more you know about the trading market the easier it gets for you to make money from it.

That’s why even when the economy is not doing so well, a great stock’s trader will always know what to do and will also make sure that he or she is making profits on his or her invested money.To become a successful stock’s trader there’re several factors you’ll need to take into consideration. Until you do so you could be putting yourself into a lot troubles.

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When you’re trading stocks you’re actually investing your money into the companies. In fact, it means you own a tiny portion of those companies in which you’ve invested your money. When those companies make profits you do too, but when losses occur you lose as well.

However, your losses and the companies losses are somewhat different. When a company loses, that money is gone right away. But in your case as an investor, your money is not really lost until you decide to sell your shares. It’ll always be up to you to know whether or not you should sell. Some people will hold on and pray that the losing trend reverses and starts gaining some of their losses back, while many others would just accept the loss and sell the rest of their shares. It’s a decision you’ll always have to make on your own if you ever got caught up in a situation as such.

How to start trading stocks 

In order to be able to start trading stocks you’ll first have to open a brokerage account. It’s through this broker you’ll be able to execute your transactions. Whether it’s to buy or to sell your shares, your broker will be the middle man. The requirements are not much. You’ll have to be at least 18 or 21 years of age depending on the state where you live, which is very important. And you’ll also need to have a social security number which will be used as your ID number and for tax purposes.

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You may find it a little difficult to pick a broker because there are many of them. It’s extremely important that you pick the right one for your trading habit. All brokers are not created equal, they have their own characteristics. One may be the right one for you while another one is totally the opposite. When it comes to fee per transaction, it varies from broker to broker and those fees can significantly affect your portfolio.

Once you’ve been registered with your broker you can then fund your account in order to be able to start trading. There are different paths through which you can send money to your brokerage account. The fastest routes are via electronic transfer and wire fund transfer. Electronic transfer is free of charge, it’s just like a bank to bank transfer which you do on your own. However, a wire fund transfer will cost you a fee, some banks will charge you a fee of $ 25, but this fee varies depending on the bank. If you aren’t in a hurry, you can mail in your check or money order which won’t cost you any more than your mailing fee.

What should you do next to make sure you’ll be making profits?

If you don’t know anything about stocks trading the best thing to do is to sit down in front of your computer and start researching. Not conducting any research is one factor that’s causing so many traders to lose their hard earned money. You don’t want to be part of this group of people, for this reason you’ve got to conduct your research before you buy any stock.

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It’s not difficult at all, if you know what to look for. But if you don’t know anything about the market I’d suggest that you start by doing paper trading instead. Once you feel that you’re ready for the real thing you can move on and start using real money. There are many websites out there providing free paper trading platforms, they’re very helpful if you’re looking to learn the tricks. Wall Street Survivor is the one I used to utilize, it’s very easy to navigate through. You can take a look at it to see if you like it, if not you can always find many others through Google search.

If you do so, you should be able to perform better than many stock traders out there who are trading on luck. You may need a little luck sometimes, but your education is the secret to become successful trading stocks. You may have heard of several individuals who become millionaires from the stock market. If you take your time to read their stories you’ll see how much time they’ve spent into their education before they were able to attain such a goal.

Educate yourself, don’t rush to trade just because you want to. The more you know about the market the better it is for you. One day you too will be so successful from stock trading.

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Featured photo credit: ifloserswrotebooks.com via ifloserswrotebooks.com

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Last Updated on October 18, 2018

10 Benefits of Sleeping Naked You Probably Didn’t Know

10 Benefits of Sleeping Naked You Probably Didn’t Know

Sleeping is one of the most important things we do every night.

Getting the right amount of sleep has an untold number of health benefits and not getting enough sleep is a serious problem in many countries around the world.

So you should have heard of the many benefits of getting adequate sleep, but did you know that you can get additional benefits by sleeping naked?

Here are some benefits of sleeping in the nude:

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Video Summary

1. It is easier.

When you don’t have to worry about sleeping in clothes, things start to get easier. You don’t have to buy pajamas, which can save you money. You have less clothes to wash and less clothes to put away. You may have to clean your bed sheets more often, but not nearly as often as you’d have to wash your pajamas when you run out.

2. It forces you to be ready to go more often.

Some people get off of work, change into their pajamas, and use this as an excuse to stay home the rest of the evening. This can lead to a more sedentary lifestyle, which has been attributed to things like weight gain.[1] When you keep your regular clothes on, you tend to go out more often and that’s a good thing.

3. It can make you feel happier and more free.

Just imagine the feeling of laying in bed naked. You’re free of your pants and underwear. Women, you’re not wearing a constrictive bra. It’s just you sandwiched between two cool sheets. The feeling just makes you want to smile and it makes you feel more free. Everyone can use that kind of good feeling every now and then, and it may even help you be happier as a person.

4. Skin-on-skin contact is the best.

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    If you’re married, or living with your significant other, sleeping naked gives a greater chance of skin-on-skin contact, especially when it comes to cuddling. This kind of contact can also lead to a more active sex life. All of this releases copious amounts of oxytocin, which is the neurotransmitter that helps you feel those good feelings about your significant other.[2]

    5. It could lead to better sleep.

    Let’s revisit the scenario I described above. There are no drawstrings or clothes getting tangled in sheets. You don’t have to worry about shirts getting twisted. All of these distractions go away when you sleep naked and it may help you get better, deeper sleep. You don’t need science to tell you that better, deeper sleep only helps you be healthier.

    6. It can help your skin.

    For once your body gets to breathe. Your private parts, armpits, and feet are generally restricted all day and are often covered by multiple layers, even in the summer time. Give those parts a chance to air out and breathe. This can lower the risk of skin diseases, like athlete’s foot, that result from wet, restricted skin.[3]

    7. It helps you regulate your cortisol.

    Cortisol is a very strange chemical in the body but it can do a lot of damage. When you sleep naked, it helps keep your body temperature at the optimal ranges so your body can better create cortisol. If you sleep overheated your cortisol levels tend to stay high, even after you wake up. This can lead to increased anxiety, cravings for bad food, weight gain, and more terrible things.[4] Sleep naked so you can keep your body temperature down and sleep well so your body can properly produce and regulate cortisol.

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    8. It balances your melatonin and growth hormone.

    Continuing along that same vein, keeping your sleeping environment below 70 degrees (F) every night can help your body regulate its melatonin and growth hormone levels. These chemicals help the body do things like prevent aging and are essential to good health. When you sleep in clothes, your body heats up and prevents effective use of these hormones. In other words, sleeping with clothes on makes you grow old faster.

    9. It can keep your sex organs happier.

    For men, the cooler sleeping conditions allows your testes to remain at a cooler temperature. This helps keep your sperm healthy and your reproductive systems functioning as normal. For women, the cooler and more airy sleeping conditions can actually help prevent yeast infections. Yeast grows better in warm, moist conditions.[5] When it’s cooler and dryer, the growth of yeast is prevented.

    10. Sleeping in the summer is more bearable.

      Summertime is a tricky time to get good sleep. If you don’t have air conditioning, then you may find your bedroom a bit stuffy at night.

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      Shedding those bedtime clothes can help the bedroom feel more comfortable. You may even be able to turn the A/C off on those cooler nights, which can save you a few bucks on your electricity bill.

      Don’t wake up drenched in sweat again because your thermostat is downstairs and the hot air expands up to your bedroom where the thermostat can’t read the warm temperatures.

      Sleep well with your naked body!

      With these tips in mind, it’s time to start taking off your clothes at night!

      Of course, there are times where clothes are preferable. If you are ill or it’s cold outside, then you should sleep with clothes on to help you stay warm and prevent further illness. Otherwise, go commando!

      If you’re looking for more tips to sleep well and get up feeling energetic, I recommend you to check out this guide:

      Want to Feel More Energized Throughout the Day? Start With This

      Reference

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