The Best Day Trading Stocks

Day Trader Stock Picks

The Best Day Trading Stocks

Day trading is the buying and selling of a stock in a short period of time. Day traders will hold a position for as short as a minute, or as long as an hour. Day traders will never hold a position overnight, hence the name. Day traders intend to sell their positions for just a few pennies more than what they bought them for. This requires day traders to “flip” positions several times a day.

The quick trade nature of day trading creates high commission costs for day traders. Commission costs can run as high as $100,000 in a single year. Day trading also carries a higher degree of risk than other types of investing. The combination of high commission costs and risks has prompted the National Association of Securities Dealers (NASD) to set forth guidelines as to who can participate in day trading. Before being allowed to day trade, a person must have their account approved for day trading by their brokerage house.

Day Trading Stock Picks

Day trading requires the use of short term indicators. Short term indicators will help a trader identify and anticipate short term fluctuations in a stock’s price. Stochastics are a common tool used for identifying short term moves. A stochastic is a complicated computer model which can indicate when a stock’s price is about to change direction. Stochastics are not foolproof and can often flash false signals.

The thing with day trading is you must be able to make a decision fast. If you sit there and think about it, you will likely miss the move. To be successful, you must act first and think second. Expect to make mistakes and lose money, especially when you are a beginner. For those who are inexperienced with day trading, I highly recommend subscribing to an online day trading service. Many of these services are operated by experienced day traders who offer their day trading programs for a fee.

Serious Futures Traders

Trading futures is serious business. The sheer amount of money involved should raise a caution flag for one interested in trading futures. Don't misunderstand what I am trying to say: the futures market offers very high potential for reward. That high potential comes with a high price tag in the form of risk. If a trade goes awry, one can easily lose everything.

Tools for Serious Futures Traders

Trading in the futures market should be an all or nothing venture. I don't mean all your money. I mean, if you aren't willing to give it everything you have, don't even try. Don't think you can simply buy a futures contract, walk away, check it upon expiration and make money. You must be willing to follow the market on a daily basis, and even several times a day in some cases. If you are going to be a serious futures trader you must be ready to commit to the market.

Once you have committed to becoming a successful trader there are tangible tools you must have. The first is an account with a futures broker. The National Futures Commission (NFA) is the regulating agency for futures brokers. Make sure the broker you use is registered with the NFA as a Futures Commission Merchant (FCM). You will also want a reliable broker that will be able to place trades when you need them to.

Real-time quotes are essential for serious traders. Futures exchanges offer real-time quotes for a fee. Instead of subscribing to the various exchanges, it would be easier to use a single quote service. Without access to real-time data, you will be at least 20 minutes behind the market with delayed quotes. Every serious futures trader follows a disciplined trading strategy. Trading strategies give you a blueprint for navigating the market. They will also help reduce the influence your emotions have when trading.

Swing Trade Systems

The majority of swing trading systems on the market are actually hybrids. They combine day trading and overnight swing trading positions. A swing entry is usually based on data that takes into account stock market prices and future indicators. Systems that utilize both of these strategies give people a far better chance of making effective trades.

Daisho is a hybrid system that has been used successfully by novice online traders and highly-trained professionals, alike. It is designed for trading e-minis on the S&P 500. However, the strategies employed by the Daisho system have been transferred into other systems that can be used for the NASDAQ 100, as well. There are also systems that employ slightly different strategies than Daisho, taking advantage of different trends and pivots in the market.

Buying Swing Trading Systems

Technology has forever altered the stock market. There are now millions of people who trade stocks and futures contracts over the Internet from their homes. The software designed for these independent traders continues to get better, so amateurs can now compete with the pros.

It is no surprise that online trading services are often the best places to find trading software and educational materials. A person should not place all of his faith into a swing trading system. He should first acquire the knowledge necessary to best utilize the program, and there are a number of companies that will allow him to learn the system before he buys the system. This means that an investor can spend some time online and quickly be armed with all of the tools necessary to succeed in swing trading.

Top 10 US Export Trade Surpluses by Country 2009

In his March 11, 2010 State of the Union Address, President Obama announced National Export Initiative goals to double U.S. exports and create 2 million jobs over the next 5 years.

During 2009, America’s recovery in international trade had already gained traction.

The U.S. trade deficit fell 37.4% to US$500.9 million from $800 million in 2008. America also generated trade surpluses with 142 of the 233 countries and territories that exchange exported and imported goods with the U.S. in 2009.

Top 10 U.S. Trade Surplus Amounts by Country

Listed below are the top 10 U.S. trade surplus amounts by trade partner country in 2009.

  1. Hong Kong … US$17.6 billion American trade surplus (up 15.9% from 2008)
  2. Netherlands … $16.2 billion (down 14.9%)
  3. Australia … $11.6 billion (down 2.5%)
  4. United Arab Emirates … $10.6 billion (down 26.6%)
  5. Belgium … $7.8 billion (down 32.7%)
  6. Singapore … $6.6 billion (down 48.8%)
  7. Brazil … $6.1 billion (up 148.9%)
  8. Panama … $4.1 billion (down 10.6%)
  9. Turkey … $3.43 billion (down 40.9%)
  10. Chile … $3.41 billion (down 12.5%).

Hong Kong imports were responsible for America’s largest trade surplus amount last year. Hong Kong imports of American aircraft and spacecraft, diamonds and computer processors contributed the most to America’s trade surplus.

Netherland’s top 3 imports that boosted U.S. trade profits the most were petroleum oils, medications as well as American aerospace products.

U.S. exports of aircraft and spacecraft resulted in a $1.5 billion trade surplus with Australia, followed by American gold shipments to the Land Down Under at $878 million.

United Arab Emirates paid $3.1 billion towards the U.S. trade surplus through imported aircraft and spacecraft purchases. The U.S. also had net sales for passenger vehicles to the UAE of $448.7 million.

Top 10 U.S. Fastest-Growing Trade Surplus Amounts by Country

Smaller trading partners dominate the list of top 10 fastest-growing contributors to America’s bottom line in international trade.

  1. Mayotte … US$1.1 million American trade surplus (up 2,602.2% from 2008)
  2. Heard Island and McDonald Islands … $7.1 million (up 2,282.7%)
  3. Marshall Islands …. $63.9 million (up 992%)
  4. Mongolia … $25.7 million (up 475%)
  5. Afghanistan … $1.4 billion (up 251.5%)
  6. Kenya … $373.8 million (185.7%)
  7. Niue … $1.2 million (up 173.8%)
  8. Brazil … $6.1 billion (up 148.9%)
  9. Uganda … $88.2 million (up 146.2%)
  10. Peru … $733.1 million (up 123.6%).

The tiny French island of Mayotte located between Mozambique and Madagascar had the greatest percentage gain in adding to America’s trade surplus by country. Leading the most profitable U.S. exports to Mayotte were paper, women’s cotton trousers and cotton seeds.

Described in the CIA World Factbook as Australia’s uninhabited and sub-Arctic islands, Heard Island and McDonald Islands racked up $6.5 million in charges for imported optical media from the U.S.

Previously owned by the U.S. and located between Hawaii and Australia, Marshall Islands imported $43.9 million worth of made-in-USA aircraft and spacecraft in 2009. Imported modems, switches, routers and similar communication equipment also posted major gains. Some areas in the Marshall Islands are used for U.S. missile tests.

Among better-known importing countries, Afghanistan importers were major buyers of American-made special purpose vehicles, larger passenger cars and parts for airplanes and helicopters.

Brazil is the most heavily populated country on either of the above lists. Top U.S. exports to Brazil that account for the greatest trade surplus contributions include American aerospace products, coal and computer parts and accessories.

Meeting National Export Initiative Goals by Country

From the world’s fifth-largest country Brazil (population 198.7 million) to uninhabited sub-Arctic territories, the U.S. made major gains in establishing trade balances in 2009.

The U.S. has established competitive advantages and demand for its exported products. American exporters are set to improve their trade balance report cards in 2010 as the global economy continues to improve.

Small Business Payroll Software

Small business payroll software is easy to install, easy to understand, and helps you avoid additional business costs in the form of accounting and human resource services. You don’t have to know a great deal about taxation codes, benefit programs, and unemployment contributions to use this software. Software developers created this software to compliment the many different POS solutions on the market today.

As the owner of a chain of shoe stores, my husband and I used to hire out our payroll services. We don’t have more than twenty employees at any given time between our four stores, but we didn’t think we could do the payroll ourselves. When we upgraded our cash registers and inventory management systems to a POS solution, we were surprised to learn we had also purchased small business payroll software.

Finding a POS Solution with Small Business Payroll Software

If your POS solution contains small business payroll software you can process employee payments from the convenience of your business computer. Software developers designed this software with the retail industry in mind. This software makes it easy to understand varying levels of taxation and federal tax requirements. With this software you can prints W2 and 1099 forms, as well as payroll checks, mailing labels, and check registry reports.

When we switched to payroll software we saved money, and gained control over our employee scheduling methods. We managed our four stores with one main system. We were even able to identify areas where we could save money on employee salaries and benefits packages. We couldn’t believe how easy this software was to learn and implement.