Day trading consists of the direct opening and closing of stock positions with major stock exchanges, either using a computer on the trading floor of a branch office of a day trading firm, or using one’s home or business computer to access an internet broker. The keyword in this definition is direct. In day trading, a trader has direct electronic access to NASDAQ market maker or NYSE specialists.

The market makers are NASD brokers and dealers who buy or sell NASDAQ stocks for the accounts of others, engage in the securities business for their own proprietary accounts. In essence, the market makers are stock merchants. One NASDAQ stock will have many market makers who are continuously trading in that stock and thus making a market for that stock. On the other hand, one NYSE stock will have one assigned NYSE specialist. The role of the NYSE specialist is to maintain a fair and orderly market in that security. The specialist may act either as a broker and execute orders for other securities brokers or as a dealer in a principal capacity when trading for his or her wo0n account. The specialist will take on the role of a principal infrequently in order to maintain stock marketability and counter temporary imbalances in the supply and demand of that security. Read the rest of this entry »

The day trader’s ultimate objective is to trade expensive and volatile stocks on the NASDAQ and NYSE markets in in increments of 1,000 shares or more, and profit from the small intra-day price movement. The day trader may make many trades in a single day, holding onto stocks for only a few minutes (or hours), and almost never overnight. Day traders are short-term price speculators. They are not investors, and they are not gamblers.

Day trading is not investing. The day trader’s time frame of analysis is rather short: one day. Their only intent is to exploit the stock’s intra-day price swings or daily price volatility. Unlike stock investors, day traders do not seek long-term value appreciation. Read the rest of this entry »

If you’ve searched around the Internet for different ways to make money online, there’s no doubt that you’ve come across the term “HYIP”. You might have just skipped it and paid it no mind, but if you’re reading this article right now, you must have questioned what the term encompasses. HYIP stands for “High Yield Investment Programs”, which covers all programs, offline and online, that are used to invest money to receive a higher yield than you would normally get at a bank.

But that doesn’t necessarily mean that it’s a safe and solid investment. Look to HYIPs as more like gambling than an investment, and only use money that you can afford to lose. HYIPs basically take the investments of their members and invest them as a whole into more standard investments, including stocks, high yield bonds, foreign exchange trading (FOREX), or other programs. It works almost like a loan to the creator of the HYIP in which they pay you back with the profits that they gain on your money, kind of like interest on your principle. Read the rest of this entry »

Before starting an e-commerce business better to choose a wise online payment processing gateway, because it will reflect a lot to your business. Not only should your Payment Gateway be useful in collecting money online, it should also offer you certain security features so that you do not experience fraud.

As an e-commerce businessman you need to select an online payment processing gateway service which will allow your website to accept credit cards securely and in real-time. Besides this it should be simple to use so that you and your customers both have a pleasant and satisfying experience.

Not only should your online payment processing gateway be useful in collecting money online, it should also offer you certain security features so that you do not experience fraud. Read the rest of this entry »

When you open a savings account at 1% - 2% interest, the bank takes that money and deposits it into a “sweep account” where they will then redirect it to other investments or loan it to the consumer (maybe you) at say, 9%. So they are “borrowing” (holding your savings) at 2% and earning at 9%. That means that with regard to your business the bank is earning that 7% spread. One of the concepts that we need to use in our daily lives is what the banks use every day; interest arbitrage.

Now, I have nothing against banks. I love banks. Without banks we would not be able to drive our beautiful cars to our beautiful homes. Banks give us the opportunity to obtain the things in life that elevate our standard of living. But beyond that, it is up to us to be smart and use the tools at hand to position our money to work for us not the bank. Read the rest of this entry »