Istock Dice
Online trading can be a tricky thing to get right, more so for new traders. One of the biggest problems that online traders face is knowing when to close a position. Closing a position requires decisive and confident decision making skills. The last thing you want to creep into your mind is superstition or gut feelings. You can retain profits effectively without missing out on future gains and reduce losses by simply knowing the best time to close your positions.

Whether you’re trading Forex, commodities, indices or stocks and shares, closing at the right time is vital for your quest to maximise your profits. Many traders, especially new kids on the block, tend to hang on to profitable positions for too long, getting worked up in the excitement of the markets going their way but before they know it, the market has swung, their greed has gotten the better of them and the profits have vanished.

Read more

HY Markets

If you’ve heard about people wheeling and dealing in stocks, shares and Forex markets online and you fancy taking a look at these investment opportunities yourself, you should head over to HY Markets. Unlike many online trading sites, you can trade Forex and shares online for just $50 at HY Markets, allowing anyone the chance to try their hand at trading, without the need to remortgage the house.

HY Markets is one of the internet’s leading online trading sites, offering a huge choice of currency pairs, commodities, stocks and indices that you can trade from your computer or from your mobile phone or other web-enabled mobile device, giving you total around the clock control of your investments.

Read more