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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 August 20, 2018

35 Anniversary Ideas to Bring You Closer Together

35 Anniversary Ideas to Bring You Closer Together

Every mature relationship has had a less-than-memorable anniversary. Maybe one of you forgot, or both of you got busy with work, kids, family issues, or something else. Whatever happened, the day came and went without fanfare. And neither of you seemed to notice or much care.

But for the health of any relationship, it’s important to make important days feel special. Anniversaries offer the wonderful opportunity to relive beautiful memories, practice gratefulness for your partner, and to show your love and strengthen your bond. Make this year’s anniversary with your significant other something special  — one that will bring you closer together.

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The best way to create a memorable anniversary is to do something new and different together as a couple. Stretch yourselves a bit.

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While boredom can silently kill a relationship, new experiences reinforce the shared bond you already have and create strong new memories. Just think back to the most significant memories you have right now with your spouse and imagine what new ones you can create!

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While you enjoy your chosen anniversary activity, be sure to keep a positive attitude and make your partner happy too on that day. Leave all arguments and day to day detail behind. Just celebrate your relationship. Whether you’re going to spend the day together at home, getting away, or having a wild and crazy new experience together, you can have your best anniversary yet!

If You’re Staying In

  1. Spend an evening with no technology, just the two of you and maybe a board game. It’s hard to keep ourselves away from our computers and smartphones long enough to have a meaningful conversation. Make a rule not to use your tech and you’ll rekindle your relationship!
  2. Make wine or beer together. If you enjoy drinking together, this is a fun activity to try together. Just remember to buy the necessary equipment ahead of time.
  3. Learn something new about each other. With an open mind, try asking some of the New York Times’ 36 questions that lead to love. They’ll help spark intimacy and will lead to some really honest moments.
  4. Have a lazy day. Breakfasts in bed, spend all day in bed talking and napping. Follow breakfast with champagne and dessert! If you feel like getting more active, cook together or play some games. Here’re some simple breakfast ideas for you.
    • Learn to dance at home. This is best for those active couples who work out together and also enjoy learning something new together. Just go on Youtube to find any music with dance tutorials and learn together.
    • Visit model homes or open houses and plan your dream home.
    • Have a special dessert – champagne and chocolate covered strawberries. Having an unusual treat makes a day feel extra special. If you want to make the dessert really special, try these tasty dessert recipes.
    • Create a playlist of your favorite songs as a couple. Choose songs that tell your story, and songs that you bonded over throughout your relationships. Here’re some love songs ideas for your inspirations.
      • Write your love story. Write it together or ave each of you write your own and then bring them together in an interesting, both sides of the story format.
      • Get a fondue pot. Fondue is a fun way to enjoy melted cheeses (for savory items) and melted chocolate (for sweeter treats).
      • Decorate! Turn your home into a dressed-up french cottage, a sophisticated restaurant, or simply with flowers. The different ambience will immediately change the feel of your home and make it feel like a staycation.
        • Talk about the future together. It might sound simple and everyday, but imagining how you want to spend your retirement together, or planning future trips can be exciting and romantic.

        If You Want to Get Away

        1. Take a day trip together to your favorite spot. If you live in a city, it can be incredibly refreshing to get away for an afternoon and drink in the outdoors.
        2. Go on a scenic drive and stop at a wine and cheese bar. Or, if you’re lucky enough to have lots of options where you live, try a brewpub. There are tons of small craft breweries with fantastic food options too.
        3. Go camping. Relatively affordable and, if the weather’s right, beautiful and romantic.
          • Take an overnight backpacking trip. For the more adventurous couples, backpacking is an even more intense way to challenge yourself physically while becoming one with nature.
          • Take a wine tasting tour. If you live on the West Coast or in the Northeast, take a drive to the nearest winery. Many offer relatively inexpensive tastings and deals if you purchase a certain amount.
          • Take a scenic train trip. Taking the train means less stress traveling: nobody has to drive, you don’t have to stop for breaks every few hours, and you can sleep if you need to!
          • Save up for a destination vacation. What better time than your anniversary to enjoy the beach at a beautiful resort?
          • Explore a new city. Whether you’re on a budget or have a lot saved up, you can have a great time just exploring an unfamiliar town.
          • Rent a cabin for a weekend away, in the woods or next to a lake or ocean. If you like the outdoors but can only take so much nature, try glamping.
            • Go on a retreat. Yoga retreats, meditation retreats, beautiful natural surroundings … they’re all the rage. Search for centeredness and calm with your partner.
            • Spend a day at a food festival. Many cities have fun and affordable food festivals, occasionally based on a theme. Check out your town’s (or a nearby city) calendar for inspiration!

            New & Exciting Experiences

            1. Go spelunking. Dark, damp, and utterly exciting!
            2. Go on a hot air balloon ride. Because the basket is relatively small, this can be a romantic and deeply personal – and yet thrilling –
              experience.
              • Try sky diving. If you and you S.O. are real thrill-seekers, sky diving can really push you to the edge!
              • Explore the underwater world by snorkeling or scuba diving. This may take you far away from where you normally live and work, which is an added bonus.
              • Experience white water rafting.
              • Drive or hike to the highest spot nearby for a new view of the world. America has tons of beautiful mountains where challenging hikes (or drives) can deliver breathtaking views.
              • Take a craft or cooking class. Up your craft skills or food  making skills, and enjoy something new!
                • Take a wine and painting class today. These classes are easily found these days and even a beginning painter can create a nice painting. Challenging but relaxing, fun, and you get to go home with some artwork!
                • Learn to salsa dance. Dancing is a fantastic way to actively get closer and coordinate physically with one another.
                  • Visit a nearby festival you’ve always wanted to go to. Have fun and let go with fellow audience-members!
                  • Spend the day at an amusement park together. Laugh and carry on like teenagers.
                  • Meet new people! At a restaurant, concert, or class, make it a point to meet new friends. Striking up conversation with someone you don’t know – but with whom you have shared interests – can be an adventurous and rewarding experience.

                  Whether your budget is big or small, and whether you have a little or a ton of time together, focus on each other. There are tons of options, in terms of location, level of physical activity, and cost. You can make the day special in a way that’s right for you!

                  Featured photo credit: Photo by Taylor L. Spurgeon on Unsplash via unsplash.com

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