Showing posts with label Online trading in Nepal. Show all posts
Showing posts with label Online trading in Nepal. Show all posts

Wednesday, 6 March 2019

The Pros And Cons Of Stock Trading In 2019

History claims that the stock exchange has been a field that has served to be incredibly profitable for traders worldwide. With both companies and investors growing in number, this domain does see some volatility but is considered to be lucrative at the end of the day. However, while many notice the ups in the Stock Markets, they tend to turn a blind eye towards the downs! Losing money trading stocks can get very costly since the gains and returns are subject to an increase from the initial value. 

Stock Market In Nepal
With both benefits and risks on either end you have to decide if the risks are worth taking to see said benefits! 

Here are the pros and cons of the stock exchange: 

Advantages: 

1) As a stock trader, you have a vast variety ahead of you for investments. A number of corporate giants exist today for you to buy shares from. Companies like Google and FaceBook are some of the prominent bodies in the share trading game. So when these companies see a growth in value, which comes by often, the shares you own obtain a value as well. 

2) Stock markets in Nepal are known to be tremendously volatile and the growth seen on these grounds can be vast. So with a good amount of research done, you can bag great profits. 

3) Information related to shares is available online and traders can obtain knowledge easily. You can go through blogs and videos to learn how a particular company is functioning in the markets, its value and speculate potential increase in the same. 

Disadvantages:

1) The volatility involved in this domain has enough power to empty your account in a blink. Stock trades can get very erratic and you might end up losing all the money invested overnight. 

2) Any significant increase in Stock Market value can't be expected to happen immediately. Some stocks take time to see a value hike, and if you end up buying a share from a slow-growing company, you're in for a slow ride.

3) There is always a chance that a company goes bankrupt and you lose a lot of money. Companies even when they have peaked at one point of time, have the potential to lose things in a jiffy and end up going broke! 

The Stock Market In Nepal is a good trading opportunity for many, but without the right broker guiding, winning stock trades is hard! Sign up with WesternFX today and enhance your share trading skills with our experts by your side. Give us a call today to get started! 

Tuesday, 1 January 2019

Forex Trading - How A Professional Trader Sees The Market

As a novice trader, you are keen on figuring out the secret to take your trades higher than they usually reach. Professionals are always a motivation, and you strive to be like them. Ironically enough, the practices an expert follows aren't too complex! On the contrary, a pro trader tends to simplify processes and follows an organized approach. Below you will read the basics that govern the trades of a successful player in Forex trading in Nepal, and with right implementation, can help you reach the top too!

1) Trading Strategically:
A methodic approach is always better than an erratic one that relies on chance. Skill beats luck! A professional always follows a disciplined approach; be it in devising Forex Trading Strategies, implementing trading aides or even studying. You should do the same. When you follow a step-by-step procedure, you can cover more ground than when you run aimlessly. Maintain a trading journal, note down the activities you see and partake in everyday. Revise your approach promptly; make sure your methods aren't outdated. When you follow a strict set of rules, success is an inevitable outcome!
2) Not Clogging The Charts:
Indicators are meant to be used for speculating better, but this has to be done in calculated amounts. Several Forex traders clog their charts with various indicators under the presumption that doing so will help them narrow down on better profits. The outcome, however, will be contrary to the same. Only employ the indicators that your trade needs. Housing unnecessary elements in your Forex Trading Strategy will leave you blinded and clueless in the end! Similarly, place stops with intent and wisdom, instead of doing so randomly. Placing erratic stops will throw you out of a trade that has tremendous profit potential before you even make a move!
3) Life Outside Of Trades:
Lastly, live outside of trades. Don't get so invested in Forex that you forget to spend time with friends and family. Several players in foreign exchange let this pressure get to them, and this turns into an addiction. Take ample breaks, assign days when you will not trade no matter what, and spend that time fruitfully with your friends or family. This is what makes for a methodic approach.
Professionalism is achieved not through hard-work, but smart work. In today's competitive Forex markets, you will have to obey certain practices and follow them religiously! Top the markets of Forex Trading In Nepal get yourself the best broker's assistance! Call WesternFX today, and avail from our arsenal of superior FX solutions. Aided by our experts, you will see victory in no time!