Recessions are times when uncertainty and volatility are at all time highs. If you are a short term trader opportunities to make money are more frequent but they come with a risk. What if the market hasn't reached its bottom yet. For many investors that short this is a non-issue (because they make money when the market tanks). With increased volatility the opportunity to trade is more common. You will find good companies going on sale due to mass sell-offs in a certain industry. When this happens you will need a broker that can execute quickly and accurately. Watch out for brokers that break up your order into multiple smaller orders. These orders charge a commission each time they are executed. While your discount broker costs less per trade the fees add up as each small transaction is executed. In the end you could end up spending much more with a discount broker than with a traditional broker. Fortunately there are settings that allow you to sell in small batches or all at once. The batches sell more frequently but the all-at-once option lowers your trading cost. One downside to the all-at-once trading is that it requires more time to execute.
Trading in a market trending downward complicates things. For starters, it is very difficult to make money in the short run (using traditional stock trading techniques). Find an online broker that can provide tools that help you find companies with solid fundimentals. Also, advanced technical tools can help you discover if a stock is over-sold; providing you a great opportunity to make a quick return.
In the end your stock broker needs to provide you with the tools you need to make prudent investment decision
Matthew_Mitchell
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