KaratGold Coin (KBC) Brings Physical Gold Into the Age of Cryptocurrency

KaratGold Coin is a new cryptocurrency to most, but it offers a whole new case for inherent value. Bitcoin may be widely used, but without physical backing of any kind, it could conceivably go to zero someday. Meanwhile, KaratGold Coin is one of the most stable cryptocurrencies in the market, because of the robust mechanism that links its value to the value of physical gold. We’ll explain how all of this works and more, starting with the company that offered KBC to the market in the first place: Karatbars International.

Karatbars doesn’t simply sell gold bars like so many other companies out there. They primarily sell gold to be used as money, and for this purpose their products typically involve gold in very small quantities. Gold sold in large chunks is gold that’s too valuable for everyday spending purposes. But gold that is contained in CashGold (physical notes with an inset 0.1 gram of pure gold) can be traded for normal goods, like food and clothes, just like fiat currency.

It’s fiat currencies that inspired these products. Fiat currencies aren’t backed by anything, just the promise that the government that issues them can pay their debts. If the government fails, so does the fiat. Gold isn’t like that. It has value under any regime and in any culture. The problem is, gold is notoriously tricky to use online.

This is what motivated Karatbars International to create KaratGold Coin (KBC), a cryptocurrency offered up at an ICO in February 2018. KBC collected $100 million during its ICO, and has since then been one of the most stable cryptocurrencies in the space. Its stability comes primarily from the fact that KaratGold Coin’s value is tethered to CashGold notes, and the gold they contain.

Without a way to trade KaratGold Coin for CashGold, though, their relationship in value was in name only. That’s why Karatbars International devised a way to trade one for the other, using ATMs starting on July 4, 2019 (Gold Independence Day). Investors will be able to exchange 100 KBC tokens directly to 1g of pure gold, making it the first digital currency that is actually convertible to a truly valuable asset.

The online spending takes place through K-Merchant. K-Merchant is an app already integrated with thousands of online retailers. Users can buy KBC with Bitcoin BTC, Ethereum ETH, and various fiat currencies (or sell it for the same currencies), then transact with it through K-Merchant. The official plugin of K-merchant can be currently integrated into Woocommerce, Magento and PrestaShop powered online shops and enables one-click-payments with military-grade security. It’s the most digitally agile way to use gold yet conceived.

KBC holders can also use their KBC tokens to pay for functions on their IMpulse K1 Phones . The blockchain powered smartphones are fully integrated with the Karatbars digital product ecosystem. The owner of IMpulse K1 Smartphone, whose mass delivery is scheduled for September 2019, no longer has to worry about the privacy of calls, messages and stored data.

For years, investors of the internet age seemed to think that gold was being left behind. With no way to easily buy or sell it online, and virtually no way to spend it at all, gold was a store of value and little more. Today, with KBC, it’s a digital asset for a totally new audience. Reconsider gold, through KBC, today.

Looking For The Right Investment For Your Savings

Saving money is not something everyone can do. In fact, some people never learn how to save. For individuals who are interested in investing in their future, you must learn how to invest smartly. To get the most out of your money, long-term investment is going to be your best option. Below, you will discover a list of short-term investment options that have proven to be effective.

Savings Account

One of the biggest commitments you will make in your life is maintaining a savings account. If you are one of the lucky ones, your mom or dad opened a savings account in your name when you were young. This opportunity showed you how to put money away for the future. Unlike some other types of investments, a savings account is a lifelong option. It is guaranteed and comes with no risks.

Peer To Peer Lending

Peer to peer lending, known as P2P in the investment world, is a great investment for your savings. The experts at https://www.ocbc.com.my/personal-banking/investments/retirement.html highly recommend P2Ps to people looking for long-term investments. Depending on your financial status and the level of risks you are willing to accept, getting involved in peer to peer lending may earn you a hefty future. The process works by allowing individuals and companies to purchase loans from specific consumers. In this type of investment, you become the bank.

Money Market Account

If you have never heard of a money market account before, you are missing out on an opportunity to save money without all the risks. Opening a money market account has never been easier. In fact, you can open an account online at any financial institution website and start saving money immediately. Since little to no risk is involved in this type of investment, it is possible to secure a much higher rate of return as compared to other investment tools. It is also recommended to start EPF investment in Malaysia if at all possible.

Roth IRA

Just about every new and long-term investor is familiar with the Roth IRA. This account is specifically designed to save retirement money. You will have the option of utilizing the Roth IRA as a short- or long-term investment account. Roth IRAs are funded through taxes. Every time you receive a refund from the federal government, it will be deposited into your account. While this investment opportunity is a great way to save money, the process is gradual.

Certificates Of Deposit

Certificates of Deposit, better known as CDs, range anywhere from three months to five years. The length of the term really depends on the investor. For example, if you feel comfortable with someone else controlling your investment for a long period of time, the longer the range the better to secure the highest yield.

When you invest in a CD, you have the option of receiving interest payments each money or letting the interest accrue until maturity. The downside to CDs is penalties applied for early withdrawal. There may come a time when you need some emergency cash and consider pulling money out of your CD before it has time to mature. Doing so will earn you a penalty.

It’s Not Over Until the Whistle Blows: Is It Too Late to Invest in Stocks When You’re Older?

If you think you can invest $100 in stocks and make $100,000 when you are older, then it might be too late but in a regular stock index fund, you can make 8% or even more interest on a yearly basis. The stock market will not run off and leave you behind. If you can wait to buy a stock that is worth investing in and at the right price, then you are never too late to invest in a stock.

Determine your time-frame for drawing down on funds

If you are in your 20s or 30s, you may keep up to 80% of your investments in stock unless you want to retire early (50s, for instance). Experts suggest that if you are in your 40s or 50s, then you should invest up to 70% of funds saved, in stocks but make sure you have sufficient cash, stashed away. Nobody knows the trend most stocks will follow tomorrow, talk-less of a decade from now, hence you should avoid buying stocks based on ups and downs, but determine a time frame when you need to draw down on those stock funds, in order to provide for your retirement lifestyle.

Buying stock – tips for the 40-50 age groups

The 40s and 50s are the age group when most people start to think about retirement. If you have not saved much in your 40s, then you will need a more aggressive strategy to achieve your goals in investing in stock. Experts suggest that you will need to invest 70% or more of your portfolio in stock if you want to achieve your goals at retirement. For instance, If you save $1000 a month for the last 10 years, and earn 7% annually on stocks you would have accumulated more than $170,000 but when you double your monthly savings to $2000 a month and then earn 5% for the last 10 years of your retirement, then you would have probably earned more than $300,000 by the time you retire. You can learn more about making the most from your investment in Stock exchange through The Entrust Group self directed IRA professionals.

Buying stock –  Tips for those in the 60s and 70s

Many people will work into their 70s when they enjoy what they do. Since those in this age group need to pay for large expenses such as health care, experts suggest that they should balance their portfolio between stocks, bonds, cash, and some other investments. For those who have already retired, an investment of about 40% of their portfolio in stocks is advisable.

Conclusion

You need to be guided by your time horizon when considering your future investments especially stocks. Tapping into your investment portfolio or savings should be a critical factor when determining how much to invest in stocks. There are no age boundaries when it comes to investing in stocks, it pays to seek advice from investment professionals and portfolio managers.

What You Need to Know about Hotel Investing

Each year, many tourists go to the UK in order to see iconic places and attractions. It is no wonder that there is a boom that is observed in the hotel industries through the years. The UK hospitality sector is expected to exceed around £100 billion in revenue at the end of 2018 and there’s a 6% growth shown in the past five years. You can read more about the UK in this link here. In the future, more and more tourists are expected to stay so it is safe to say that the hotel industry will continue to thrive.

One of the main reasons why many investors go for hotel room investment is its low entry points. Investors can have a hotel room that starts at around £30,000 to £80,000. Hotel investing can be a more profitable and affordable opportunity compared to a buy-to-let property. A mortgage is not typically needed as a way to pay the investment. This is good news for people who have a bad credit standing and who are struggling to get a mortgage.

What Can You Get on a Hotel Investment?

In some occasions, an investor purchases a hotel room on a leasehold basis. The room is then sub-leased to the operator of the hotel. The operator will agree to pay a fixed amount of rent to the investor regardless of room occupancy. The operator is now free to use the rooms for meetings or vacations as part of the agreement. Even if the room is not occupied, the investor can still get revenues and this goes on for a fixed period of time.

Other investors are torn between buying a residential property and a hotel room. A residential property is a great idea if you want to see a capital growth in about a year or so. Meanwhile, if you want to have a guaranteed yield from rental investments, the better option will be investing in a hotel room. Although for people who have deep pockets, both the residential investment property and the hotel room investment can be a nice addition to their portfolios. You can check with a property consultant company such as Thirlmere Deacon Hotel Investments to see which one is the better option for you.

Is it Tedious to Invest in Hotel Rooms?

Many people hesitate to invest in hotel rooms because they think that the investment will take too much of their time. However, this is not true for many. Many hotels offer a “hands-off” experience that will not take too much effort in the part of the investor. As an investor, you can be sipping ice-cold lemonade in the beaches of Barbados while earning income from your hotel room.

The most important thing to remember is to invest in hotel properties that have good managers. It is much better if the property is already operational. However, a startup hotel investment is still a good venture because it requires lower entry investments compared to established ones. As long as there is a great team of experienced managers and operators, then you should be in good hands.

Are there Guaranteed Yields?

A good hotel operator with lots of experience can guarantee you an annual or a monthly yield. It all depends on the strategy of the management. An example is when the hotel operator buys hotels for about £1 million. He then splits the rooms and he might sell for £70,000 each.  The hotel operator can generate a total amount of £2 million with a profit of £1 million. He will be able to buy a new hotel using the profit and continue with this strategy for a long time. The yields that come from the profits are them paid to the investors.

What if the Unexpected Happens?

There might be times when hotels fold. This is why it is important to choose an investment vehicle with care. More often, investors choose a vehicle that includes off-plan properties that are never realized or never came to fruition. You can read more about off-plan properties in this link: https://en.wikipedia.org/wiki/Off-plan_property.  The money will never return and will just disappear like bubbles.

This is why a hotel that is already in operation for at least 3 years is a great option. They have repeat guests and customers. They already have a track record for inviting and attracting clients and tourists. These hotels are not dependent on the money that they make from their rooms. They can generate other sources of income that can include restaurants and resorts.

Conclusion

A UK hotel room is a good investment if there are great managers that operate it. An annual or even a monthly stream of income is possible if you do your research well. If you don’t know where to start, the good news is that there are a lot of professional investors that can guide you in the right way. You just have to search for them. Start getting a return on investments today by going into the right website.  

Why Options Trading Is the Real Key to Wealth Creation

Options are less risky while offering a greater chance of higher returns. Here’s why options trading is an important route to financial security.

Contrary to common assumptions, options trading can be safer than regular stock trading, and much, much more rewarding.

If options trading isn’t already a part of your personal finance and wealth management strategy, this article ought to get you excited about it

We’ll talk about how options work, including the risks and benefits, and show you why options trading is the real key to wealth creation.

The Hidden Risk of Traditional Investing

Traders who only use long-term stock trading and mutual funds in their investment plan are missing a key component of wealth creation: time.

Let’s assume you’ve given yourself 20 years to build a $5 million net worth. That’s about 7,300 days, and you need to make every one of them count.

Now, let’s assume you have $20,000 tied up in a stock. The stock is bringing in a 6% or 7% return every year. Not bad.

But each year your $20,000.00 is making only 6% or 7% is another year you can’t use options trading to make %20 or 30% (or more) using that same $20,000.

Did you know that 2 out of 5 workers believe they won’t be retiring until they’re 70? Maybe it’s because they don’t take this “time cost” into account.

How Options Trading Solves The Time Cost Problem

Let’s assume you’re looking at a $40 stock called “ABC.” You expect it to go up, so you buy 100 shares, investing a total of $4,000.

If it goes up to $50 in the next 60 days, your $4,000 grows to $5,000, for a 25% return and a $1,000 profit. Not bad.

But, let’s assume you’d bought 20 call option contracts on that same stock. If you buy 90-day options, this might cost you the same $4,000 (this cost is called your “premium”).

But if the stock goes up to $50 within 60 days, your 20 call option contracts could be worth $20,000.

That’s a 500% return on investment, compared to a 25% return on investment over the same time period.

How Options Trading Works

When you buy an options contract, you’re buying the right to buy (or sell) the underlying stock at a set price (strike price) within a specific time period (expiration date).

For example, let’s assume ABC stock is selling for $40 and you buy a 90-day call with a $45 strike price. You’ve literally bought a contract which allows you to buy 100 shares of ABC any time within the next 90 days, and at the price of $45.

Now, imagine if ABC goes from $40 to $50 in the first 60 days of your options contract. You now own a contract which allows you to buy a $50 stock for only $45 any time within the remaining 30 days.  This makes your call contract more valuable than it was when you bought it.

Now, you simply close the position by selling your call contract at a higher price than what you bought it for.

Of course, the risk is that ABC stock will either go down or remain under $45 until the 90 days of your contract is up. In this case, your contract will only allow you to buy the stock at $42 or even $39.

If the 90 days end and the stock price remains in this range, your contract expires worthless and you lose your $4,000 premium. Thankfully, you can use options trading to reduce this risk and increase your odds of winning.

Why Options Trading is Safer Than You Think

We just talked about a “call,” contract, which gives you the right to buy 100 shares of the underlying stock at your strike price.

However, you can also buy a “put” contract, which gives you the right to sell 100 shares of the underlying stock at the strike price. This way, your options contract becomes more valuable if the underlying stock price goes down.

By combining calls and puts, you can create a lower-risk options trading strategy.  For example, let’s assume you pay a $4,000 premium to buy 20 calls on ABC stock, which is selling for $40.  Your call contract period is 90 days, and your strike price is $45.

You pay another $4,000 to buy 20 put contracts with a $35 strike price and a 90 day expiration period. Now you’re in for $8,000 premium instead of a $4,000. But, you also have two scenarios where you can make money:

  • SCENARIO #1: ABC stock rises from $40 to $50. You net $20,000 from your 20 call contracts. After subtracting your $8,000 premium, you have $12,000 in profit.
  • SCENARIO #2: ABC stock falls from $40 to $30. You net $20,000 from your 20 put contracts. After subtracting your $8,000 premium, you have $12,000 in profit.

Notice that this strategy makes money whether the stock price goes up or down. Your only risk is that the stock will hover between your $45 call strike price and your $35 put strike price for the entire 90 days.

This would make both of your contracts worthless, and you’d lose your $8,000 premium.  But here’s why this shouldn’t scare you.

The Secret to Smart Options Trading: Probability

Successful options trading isn’t about winning all the time. It’s not even about winning most of the time. It’s about leveraging probability. This is why every options trader needs a smart trading plan.

Imagine having a coin that lands on heads 50% of the time. Every time it lands on heads, you make $12,000. Every time it lands on tails, you lose $8,000.

Flip that coin 100 times, and you’ll have a net $80,000. Flip it 1,000 times, and you’ll have a net $800,000. This is the mathematical power of probability. Again, it’s not about winning most of the time. It’s about leverage.

The beauty of options trading is that the wins are big enough to make up for the losses, and then some. So, if you can win even half the time, you’ll still do very, very well.

Ready to Start Options Trading the Smart Way?

By now, you know that you can create multiple scenarios where you can make money trading options. But we’ve just scraped the surface.

We haven’t talked about covered calls, binary options, advanced spreads or the power of selling calls and puts instead of buying them.

Imagine if you can could an options trading plan that wins even 60% of the time, or 70%. That’s why options trading needs to be a part of your investing and wealth management strategy.

If you’re ready to leverage the power of options trading, or discover more interesting ways to make money and build wealth, you’re in the right place.   

Just visit our blog for more articles on personal finance, investing, wealth creation and how to make money online.

 

Earn Yourself an Early Christmas Present: 5 Stocks to Buy Now

Bolster your portfolio and check out the stocks to buy now that offer a huge upside potential.

Another calendar year is upon us which means millions of people will begin the annual ritual of creating New Year’s resolutions.

One of the most popular resolutions is to make more money. Whether it’s through promotions at work or investments in the market, everyone wants to put add to their personal bottom line. Of course, one of our favorite ways to make money is to invest wisely in stocks.

But what stocks should you purchase? What stocks are going to be profitable in 2019 and beyond?

Read on, as we reveal our five favorite stocks to buy now. These are stocks with a focus on long-term growth for 2019 and for the foreseeable future.

1. Amazon (AMZN)

Our favorite set-it-and-forget-it stock is Amazon. This should come as a shock to no one as the stock has been a popular choice for investors for years.

Our enthusiasm for Amazon is well justified. The company is what Warren Buffett calls a “wide-moat,” which means it has it’s involved in numerous products and services that figure to be profitable for years.  

Amazon’s AWS cloud business earns over $1 billion annually.  Even better, Amazon Prime has 100 million subscribers paying $99 every year.  The $9.9 billion in subscription revenue is impressive, but what really matters is how much these consumers spend purchasing other Amazon products.  Statistics reveal these loyal consumers spend more on the site than they did before subscribing to Prime.

The company is led by an innovative CEO, Jeff Bezos, who positions them for continued success for the long haul.

2. CorVel (CRVL)

CorVel has a lot going for it.  The Irvine, California based company has an immense market, as they help companies control the costs of their insurance and workers compensation.

The financials are attractive too with improved revenue at a rate of 10% a year for the past decade.  And the company earned an impressive 24% on stockholders’ equity last year.

3.  Starbucks Corporation (SBUX)

You might think Starbucks has already experienced max-growth with a store seemingly on every corner.

But consider this: Starbucks is still largely under-developed in many countries. Currently, the largest grown is in the China/Asia Pacific region.  In China, for example, Starbucks opened 278 new stores between July and September this year.

Hedge fund icon Bill Ackman believes so strongly in Starbucks growth in 2019 he invested $900 million in the company in October.

4. Alibaba (BABA)

The future of the Alibaba stock price has been a hot topic in 2018.  In June, the China-based company’s stock rose to an all-time company high of $210 per share.

Since then, the company announced CEO Jack Ma is stepping down.  This comes as stocks in Chinese companies have taken a hit due to pressure from the US/China trade war.

Still, Alibaba is poised for fantastic revenue growth.  Already a $400 market cap company, the company projects final year revenue growth of 58%.  And analysts predict 40% growth in earnings in 2019, making the stock an excellent value buy.

5. Berkshire-Hathaway (BRK.B, BRK.B)

Berkshire-Hathaway has been a mainstay on top stock lists for decades.  It’s leader, Warren Buffett, turns profits like no other.

But the big concern with investors is how long Buffett, age 88, will help the company.  Surely, Buffett will step away in the not-too-distant future and many fear his departure could spell the end of the company’s long and successful run.

However, those who trade stocks for a living know the best way to value a company is to examine the current value of their future cash flows. Investors can remain confident in Berkshire-Hathaway whose future cash flow appears to be significant.

What’s more, Berkshire-Hathaway is structured similar to a mutual fund, with a diverse group of holdings but without the management fees.

Stocks to Buy Now: Wrapping It Up

You don’t have to wait until January to invest wisely.  These five companies are excellent stocks to buy now for 2019 growth and beyond.

Everyone’s financial situation is unique.  Analyze these investments carefully to determine if they are wise fits for your portfolio.

If you enjoyed this article, please check out more of our helpful investment content.

 

7 Best CFD Trading Tips to Trade Like a Pro

Interested in CFD trading? Avoid common mistakes by learning the best strategies. Discover our seven best CFD trading tips so you can trade with confidence.

While only 10% of Americans own 84% of stocks, there are lots of other ways to get involved with trading other than owning stocks. Forex, cryptocurrency, and CFD trading are just a few ways to seek out wealth other than the standard buying and selling of stocks. A contract for difference is a particular agreement that allows you to speculate on prices of assets over a period of time.

Here are five tips to ensure that you succeed with your next major CFD trade.

1. Be Patient

It’s vital for anyone who is learning something new to be patient with the learning process. Whether you’re learning to rollerskate or trade CFD, you’re going to stumble if you don’t learn the basics first.

When trading, you need to start by understanding everything you can about how foreign currency works. Get to know the playing field and move slowly at first.

Invest only small amounts of money for the first few months or even years if you don’t have time to invest in learning. Slow and steady investments will give you an understanding of how currency trading works, the kind of change that happens in markets, and where you fit in.

Markets spike and drop in extreme fashions but by and large, they tend to change fairly slow.

2. Adjust Your Expectations

When you’re CFD trading, don’t expect to win big on every trade. No one succeeds at everything on their first try, so why should trading be any different?

You need to practice trading before you can get the results that you’re looking for. Constant trading gives you the opportunity to win and lose. A few wins and a few losses will teach you more than any article you could read.

Losing money when you’re learning is an unappealing prospect to anyone. That’s why many of the biggest trading tools out there allow you to set up a demo account to play around with for a while. There are no consequences with a demo account and it costs you nothing to set up.

Learn more about trading tools by playing around with a variety of options. Sign up for a few free trials and see what works.

3. Become an Armchair Psychologist

While you might not think of yourself as a psychologist, the key to trading is to understand how the human mind works. CFD trading means that you’re going to be speculating on the rise and fall of markets. You need to think about what happens when a market changes and start to consider how people react when they see a market drop.

You also need to be skeptical of your own thinking.

There are times when you’re looking for a problem and merely get the confirmation bias that you were looking for when pieces come together. If you weren’t looking at facts and were thinking with your gut, it’s easy to have your fears or beliefs confirmed.

Some traders are liable to make a trade out of frustration when they feel like they’re going to get burned. This kind of acting out can lead to mistakes or losses. Even when it doesn’t, it reaffirms bad habits.

Always think before you act. Get to an understanding of why you chose any particular currency pair. Was it based on something in the news, an international development, or merely your gut?

Getting to the bottom of your psyche is key to making the best decisions.

4. Control Your Emotions

Related to the last point, you need to keep your emotions in check when making a trade. A losing streak drives you into depression and causes you to think that you’re not capable of making good judgments. You’re likely to act up and make trades that don’t make sense when you’re in this stat.

Level-headedness is your best friend when you’re dealing with a losing streak. Making smart choices means keeping control over how a trade makes you feel. Manage risk by managing your feelings.

It’s easy to get stressed out when you’re trading. There is a lot of quick decisionmaking that goes into CFD trading. When you see something drop, quick actions leads to high yields.

However, if you’re in a state where you’re about to make an irrational or stressed out decision, take a deep breath. Don’t cost yourself money because you made a stressful trade.

Figure out what’s stressing you out and get on top of it. Find a treatment for stress when trades don’t go your way. Some people go run a couple of miles while others go get a cup of coffee and think about their choices.

No matter what you need to do, be good to yourself and focus on how fruitful trading can be rather than how stressful it is at moments.

5. No Rewards Come Without Risks

Remember what you’re really doing. With CFD trading, you’re doing a lot of risky speculation. The reason you get into it is because of how rewarding those risks are.

In CFD trading, fortune favors the bold in the most literal sense. You need to be able to anticipate which way the market is going to go in the future. Your success depends on it.

Your trades won’t work 100% of the time but if you don’t make them carefully, you’ll end up disappointed at the results. CFD trades reward people who like to research, read up on markets, and pay attention to which direction the wind is blowing.

Set realistic goals and work to exceed them with every trade that you make. The best way to control your feelings when trading is to make sure your personal finances are in order.

CFD Trading is a Fun Challenge

If you’re not that excited about traditional stock exchanging, CFD trading offers serious excitement. It can give you a new way to look at the price of assets over time.

For another exciting way to build wealth, check out our guide on buying, selling, and trading cryptocurrency.

3 Methods for Successful Swing Trading

Swing trading is a valid method of trading stocks and making a profit, but it requires good money management, a willingness to put in the research, and the ability to accept the fact that you’re not always going to make a large profit on a trade. Understanding swing trading is easy, but executing your trades so you earn money takes study and research. Below are three methods to help you become a successful swing trader.

Manage Your Money

There’s an old saying that investing in the stock market is a lot like gambling, and there is an element of truth to this. However, you can control your money by engaging in smart money management. Keep track of your starting balance, work out an estimate of profit based on the past performance of the stock you plan to invest in, and don’t hold onto the stock once it has reached your planned profit.

A stock can keep increasing in value, but it can also decrease suddenly, leaving you with a loss. Losses are going to happen, and it’s never an easy thing to accept, but an occasional loss can be overcome by many profits. Plus, some losses can also be avoided by sticking to your plan and not pushing your luck.

Study Past Performance 

Stocks have a historic performance record that’s a good indicator of how they’ll perform in the future. There are no guarantees that the stock is going to keep performing as it has, but barring bad news from the company, you can reasonably assume that a stock will tend to perform within historic parameters going forward. By studying the historic performance, you can uncover patterns that tell you how to handle the stock for swing trading.

Don’t overlook the company behind the stock when you’re looking at what you should swing trade. The performance of a company is what drives the performance of the stock. Corporate ethos and operating procedures have a far greater influence than you might realize. Some people buy stock in corporations because they have a way of doing business that is unconventional yet successful over the long term. Alternately, they may buy stock because the company adheres to old-school operating principles that see a steady rate of return over time.

Don’t Seek Large Profits

Earning money on swing trading is more about making multiple small gains than a single large gain. Before you buy a stock, you have to figure out what your acceptable profit is for that trade. You also need to factor in the fees that come with executing a trade, then subtract that amount from your acceptable profit. You might be able to realize a profit that goes past your estimation, or you might not. It’s easier to expect multiple small profits over time as opposed to one large one and have a pleasant surprise in a large profit now and again.

These methods are part of what it takes to become a successful swing trader; don’t rush the trades, take the time to study the companies, and watch your money inflows and outflows. Slow but steady wins the race when it comes to short-term trading.