IEEE WCCI 2014

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Why You Should Online Trading Over Offline Trading

 

Trading in stocks has seen revolutionary changes in recent years and there are various online trading platforms which offer the users seamless experience in trading. However, there are still people who opt for the traditional method of trading as they have a wrong notion that the trading of shares online is not quite safe. First one should understand clearly what is offline trading and online trading.

Online trading

The online trading lets the individual trade on a platform without any support of a dealer or broker. You can easily buy shares, futures, currencies, etc on the go using CFD trading app or a laptop.  There are different trading platforms you can find online which offers excellent service that allows the trader to conduct trading without having any security concerns. But you should know which one serves your requirement. Read this post here to know all about the online trading.

Offline trading

In the case of offline trading, all the trading transactions are conducted with help of the broker. Every transaction would be routed through the broker. The broker would charge fees for the services rendered by him. The biggest problem a trader’s faces while opting for offline trading is that you are required to be in touch every day with the broker to execute the trade. If at all the broker is not available, then you will not be able to conduct the trade on that particular day.

Advantages of choosing online trading

Least expensive- Whenever you conduct trading transactions with broker’s help, you will end up paying a hefty sum as the brokerage fees.  However, whenever you trade using an online trading platform, you are not required to pay such a huge amount. You could save quite a lot of money and use that fund to buy more stocks.

Removes middlemen- Online trading eliminates the need of middlemen. For many years, broker’s played an important role and one could never trade without their help. But now with the online portals, one can sell or buy the securities with just a few clicks.

Full control- You have the ultimate control over deciding when to conduct the trading. You don’t have to depend on the availability of anyone. The trader has the entire control over the securities that he/she holds and can easily review the status of those securities. While in offline trading, the entire control lies with a broker who will be executing the trade for you.

 



Cryptocurrency trading using Robots

Cryptocurrency trading is one of the most prominent and fast-paced technologies which if not kept up with, will get the better of us. There should be extreme caution in dealing with these before participating and research should be done in depth before undertaking a venture like this that deals with a lot of money. There are different techniques that track the movement of the market very minutely every day to ensure a profitable venture for a better situation in regards to the investment. The checking up minute details is efficiently done with the help of trading bots, that have taken up the market by storm. They are more efficient and it taught properly with an effective and brilliant algorithm, it is very much possible to use them to earn humungous profits every day.

Trading bots

They are a software program that interacts with the market data and based on the algorithm written and the bot’s interpretation of market and the algorithm, it helps out with producing efficient profits. Based on the predefined rules, it checks the market data and proceeds with buying or selling without human intervention. Based on the nature of the conditions specified the bot analyses date and provides an immediate result. The trading bots use this data to do every kind of marketing possible without permitting situations that might incur losses.

Trading bots do their work based on the interpretation and reaction strategy. They check out the market data and monitor them for any anomalies in their content, and look for problems with the rate of the fluctuations in the market. Once it identifies the anomalies it interprets them according to its set of rules trying to figure out what the future of the market or that share price will be like. Once these details are obtained then the bot reacts accordingly. The bot will crosscheck the data along with any details given in the analysis it has done, and predict an appropriate result.

The problem is that the cryptocurrency market is so huge and so many loss stories have not been archived properly or recorded, so it is not possible to completely training the robot without getting to know the details properly before taking the action. This might lead to confusion and doubts regarding the details. A bot that has inspired many companies is Bitcoin trading bot and the basic working methodology is given in this post.

 

 



Economies Of Scale

Economies Of Scale

A business can be either small, medium or large in size.  Many of us are under the impression that a large-sized business is beyond the scope of good control and supervision.  Also, most think that large businesses cannot be run profitably for a longer period.  But there are financial benefits of operating a business on large-scale.  These benefits are known as ‘Economies of scale’.  Let us see the benefits one by one:

Purchase:  Large businesses make a large-scale purchase of raw materials.  Hence better discounts can be bargained easily.  Also, from the supplier’s point of view, a single large buyer will be preferred rather than numerous tiny buyers.

Marketing: Marketing of large business can be done at a low cost easily.  Large business will normally deal in wide range of products.  Hence individual effort for marketing each product is not necessary.  Consolidated marketing efforts at a lower cost can be done for all the products.

Administration:  Large-scale business can hire professional and experts.  They have a proper organizational structure.  Hence supervision can be made effectively.

Research:  Large corporates can afford to incur sizeable amount on research and development.  They can build good infrastructure for a research lab.  For example, a large-scale financial company can afford research on the creation of new apps like bitcoin trader.

Division of labor:  A large activity can be split into various smaller activities.  This is called the division of labor.  Since large firms have a strong labor force, a division of labor is possible.

Low cost of production:  Due to a better bargain in every aspect like purchase, hiring, maintenance, technology etc. the cost of production will be low in large businesses.  Hence, they can earn more profits.

Mechanization: Automation of processes can be easily done in large businesses.  Moreover, the purchase of costly equipment is feasible for a large business.

Low borrowing cost: Since large business houses have a good reputation, they will be preferred by lenders.  Since they repay the loans promptly, banks willingly offer interest concessions.

Creates ancillary industries and helps growth:  Large business support numerous ancillary industries in the surroundings which produce spares and tiny parts which is required by the large business.  This creates numerous employment opportunities.  Thus, large companies are the reason for the growth in an entire region.

Standardization and specialization:  Due to the division of labor, standardization and specialization are possible in every work.  This will result in the improvement of quality, speed, and efficiency.  Hence wastage and loss due to the poor quality of products will not be present.

 



A Comparison Between Men And Women In Online Trading

A Comparison Between Men And Women In Online Trading

Both Men and Women are eager to invest their money and make it double or triple the amount of money invested in a shorter span of time.  They are equally well aware of the investment opportunities and also finding out which will be the profitable one.   When compared to men, though the women are less in numbers entering in the online trading, attaining success rate is more for women than men.  The investment activities differ considerably among the men and women in whom men have their own actions plans in doing things whereas women have different ways of doing things or things getting done by them.  Both have different approaches of investing options and both of them learn from each other and their successful action plans.  Generally, men seem to have more confidence than women who are always focused on their goals.  Here is the comparison between men and women in case of online trading with various factors and they are as follows;

  • Interest: Depending upon their interest, investment plan varies among both the men and the women.  Women are much interested in the option which are safe and secure though men consider this with less importance.  Interest is the driving force behind the success of the individual in any field.
  • Raising funds: Men have more opportunities in raising funds either through assets, bank loans or any other financial instruments whereas women have fewer opportunities to raise funds and invest in online trading.
  • Risk taker: Women are a moderate risk taker and they feel less secure in online trading.  But men, who are a high-risk taker, will jump into any trading options which seem to be successful even when there is more risk involved in it.  They never mind to be a stock investor or bitcoin trader, their ultimate aim is to make the optimum profit.
  • Time: For any trading option, to choose a particular strategy or a trade needs time to decide which will yield a good return.  This time take to decide varies among men and women in whom women take much time in deciding the strategy to choose since they don’t want them to let it down and lose their hard-earned money.
  • Competition: Always there is stiff competition among men and women not only in business but also in trading.  Before, there was not much competition for men in those fields.  But increased education ratio among women and various welfare programmes especially for women have made them a strong competitor against men.
  • Better Investor: Though there are many factors differ among both the men and the women, whoever is involved in online trading can achieve success if they have profound knowledge in current changes, technology advances and so on.  Gradually updating themselves and being aware of the technologies will facilitate both men and women to be a better investor as well as a successful trader.

 



Start Up Your Own Online Business

Start Up Your Own Online Business

Now days starting your own business are quite an easy affair, thanks to the digital age. The modern society’s transition to a connected living has resulted in creating opportunities that one has never heard of.  An average person can take advantage of what the digital world has to offer. For instance, earlier, trading was considered as a career meant only for financial experts and who are highly experienced in the field. But now, with the introduction of trading robots, anyone can trade online and earn money. Learn more about it to expand your knowledge about online trading.

There are many people who are engaged in online business and are happily making a profit. Below mentioned are few tips one need to follow who has a dream to start up an online business.

Tips to follow

Know your niche- For decades, entrepreneurs have been conducting business online, so you would be facing quite a tough competition in the digital world.  Hence you need to find a product or service that will stand out from the crowd or a product from an underserved niche market.  Then you need to make it your center of online business.  Finding a niche is not quite hard. Write down your passion and the technologies, products, and trends that are linked to it. Conduct research to determine what will click in the market.

Give importance to networking- Content is important but it is not one of the biggest factors responsible for being successful. The human element is one of the important factors in the digital world because of the prominence of social media. Social media offers huge networking opportunities for businessmen.  It will enable you to reach the clients, customers, and readers across the world. By proactively using social media, one could easily build an audience whom you could engage with instantly, freely and repeatedly.

Marketing and self-promotion- You should not be timid or shy away or when it comes to self-promotion or marketing.  You need to do all possible things to bring your product and content in front of people.  The marketing approach should be aggressive and it should be the driving factor in developing your reputation and online income.

Aggressively diversify- Once you are established with your business and income stream, you could think of ways to expand it and diversify. It is dangerous only to be depended for a long period on one source of income.   For the survival of the online business, diversification is critical.

 

 

 



Mistakes To Avoid In Trading Stock Market

Mistakes To Avoid In Trading Stock Market

Trading with stocks is nothing but buying and selling stocks in the market based on the price changes. The hike and fall will happen in two ways either depending on the supply and demand or by the mistakes done by the traders. Once when a mistake arises while trading, the traders have many chances of getting a great loss. So, they should be very careful and keep on watching the trending market condition to avoid getting such a big downfall.

Let us have a full report on what the common mistakes usually are done by the traders and how it can be rectified and hope it will be definitely helpful for all the traders.

  1. Zero knowledge:

The main mistake every trader makes is blindly starting doing trading without having any knowledge about it. This is really a great blunder and it should be avoided by all the traders. The traders should gain knowledge about the trading methods and strategies before they step into this field. They can even get some advice from professional experts so that success can be achieved very easily and shortly.

  1. Copying:

Copying is the worst practice and it will always lead to failure. The traders usually copy what the strategies others use to get succeeded. But this is not at all fine and everyone should try to use their own tactics and techniques to achieve their goals. Copying most of the time will go wrong because the prediction of price changes in the market is very difficult. So, if a trader follows another trader and does one step forward, we cannot expect the same outcome for both of them.

  1. Advice from everyone:

Some traders ask advice from everyone and try to replicate it in every step we do in trading to succeed but this is not at all a good thing. It is not that all will give excellent advice and some persons really want us to fall in the market and so if we blindly follow them, the end result will be a great failure and there is no doubt in this and so try to follow the advice of experienced traders.

  1. Emotions:

Some traders feel very bad and emotional when they face a downfall in the market because the loss psychologically affects them. The traders should never take both the profits or loss into their minds and they have to be very calm and composed and accept whatever comes at the end.



Cryptocurrency Ecosystem to Eliminate Loophole’s

Cryptocurrency Ecosystem to Eliminate Loophole’s

In a society where positive crypto talks are revolving around with its amazing technology, Bitcoin is the future of tomorrows world. Is this a scam or not, well, in today market, there are many Bitcoin traders, they have examined the most popular cryptocurrency as an offshore tax avoidance. On a recent, study on the Bitcoin market, nearly $20 trillion is hidden from the government tax. However, we can see that the loopholes are closing now as the law started discovering them.

Crypto A tool for Loopholes

Canada has set to increase regulatory to eliminate the loopholes in the market. This year so far has been crypto regulation for many nations, they seem to be working tirelessly over the counter to sanitize the digital currency industry based on guidelines to govern the marketplace.

According to a Canadian Local newspaper, the government is looking into all possible ways to block or shut the use of prepaid credit cards and use of cryptocurrencies in supporting their money going into the wrong hands. This report confirms that this preplanned regulation would seal the country’s anti-money laundering laws.

Some have taken the advantage of anonymity that comes with some digital currency and others to carry these activities such as drugs purchase, money laundering, and some banned products from the dark websites. But the police and other security forces in the country has taken strict measures to catch hold of them red-handed, they have succeeded in apprehending these criminals.

Canada a country that is  Crypto friendly has proposed many regulations that would require all the digital market businesses to register with Canadian Financial WatchdogFintrac and all transactions should have a limit of $10,000 and anything above will be scrutinized.

The government guidelines show that it is compulsory for the prepaid credit card owners to carry out and check, verify their client’s information and to report any suspicious transaction immediately.

This strict guidelines will help the crypto users to trade in the market and will make them easier to monitor their crypto funds. Well, these regulations are not aiming at the exchanges and money transmitting business.

Changing Tax Rules

The Japanese, Finance minister has already proposed the idea of changing the country’s current capital gain policy, where it shows that crypto investors are facing taxes something around 15to 50percent. According to the Reuters report, the Finance Minister, Taro Aso, was attending the Upper House Budget Meeting, where a senator posed a question regarding the change of existing policy on the tax profits of cryptocurrency market. The Finance Minister did not oppose any change in the policy.

Bitcoin is already found its use in the market and will tap in the near future. It is inevitable where the percentage of wealth goes in the cryptocurrency ecosystem.




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