Decide What Market to Trade
More markets are available for trading today than ever in the history of the world. The markets aren’t just available, but public access to them is easier than ever before.
With the advent of computers, high-speed Internet access and online electronic trading, you can sit home and trade stocks, commodities, bonds, currencies, futures, and options all around the world from the comfort of your home.
Day trading for those who work during the day
As high-speed Internet and access to the market became more readily available, day trading became very popular. It still attracts a lot of people who like the possibility of making quick money, not having to wait a year to possibly get a 6 percent return.
Unfortunately, most would-be day traders have to work a day job while they attempt to learn day trading. One answer to this problem is the spot forex market, which trades the fluctuations of the world’s currencies. This market trades 24 hours around the clock. Now, no matter your continent or work hours, you can enjoy day trading currencies in some market somewhere in the world.
Finding a bull market
In the olden days, people complained about the market being bad and felt financially enslaved to whatever the market was doing. “The market” they referred to was the stock market, often measured by the Dow 30 or the S&P 500.
Today, there’s no one “market” to which your financial future is bound. You have access to all types of markets that can move very different from the U.S. stock market. You have access to international markets, emerging markets, frontier funds, gold, oil, real estate, bonds, currencies, and more, all available to you in a few seconds with a simple keystroke.
Letting technology find the best trades for you
Computers not only give you quick access to placing orders in markets around the world, but they can also help you find the best trades in those markets. Scanning software programs have become increasingly sophisticated and inexpensive. Retail traders have access to incredibly powerful software that can scan tens of thousands of markets based on hundreds of possible criteria you define.
In a matter of minutes, you can have a list of markets that meet the criteria you set for fundamental and/or technical analysis. Today, the financial world is your oyster!