By Charlie Brown

If you want to join the trading world, then you need a significant amount of capital, which is often difficult to get if you have bad credit. Trading is a great way to make money and expand your financial portfolio. You can trade in stocks and commodities to make more money. Bad credit is a limiting factor for many people because high street banks and some lenders are not willing to take the risk of issuing loans to people with bad credit. However, there are some lenders who specialize in giving loans for bad credit.

You probably have bad credit if you have experienced any of the following problems:

  • Declined loan applications with banks
  • County court judgments for debt
  • Arrears and defaulted payments
  • Bankruptcy
  • Individual voluntary arrangement to avoid bankruptcy
  • Bad credit history
  • No credit history
  • Self-employed with no accounts and no proof of income
  • Part time employment

These are the common credit problems that will probably prevent you access to the financing you need to start your trading business.

Borrowing options

There is no single type of bad credit loan that can deal with all the problems mentioned above. However, there are ranges of loans that can accommodate your form of impaired credit. Most bad credit loans often have higher costs in interest rates or require some form of security. Your personal circumstances and credit status will determine your borrowing options. First, you should know your credit rating then start shopping around for different borrowing options.

1. Guarantor loans (more…)

By Yvan Byeajee

2015-09-27_1212While a proven edge and a sound risk and money management technique are important, psychology is what glues everything together. The reason for that is rather simple: Trading is a very tough profession as it requires us to take quick and often counter-intuitive decisions. And most of the time the quality of these decisions is affected by myriads of factors based on our current mental state – are we sad, happy, anxious, depressed; are we hungry, tired, etc. These decisions will also involve all of our beliefs about money, certainty, failure, right and wrong, and so on. When you’re forced into making quick decisions, if you are incognizant and unaware of your inner states, the strongest thoughts, feelings, or emotions are going to prevail. So to succeed as a trader, we need a certain presence of mind and an awareness of our inner states.

I don’t believe we should attempt to control our emotions, as we often hear — if by this logic, “emotional control” suggests eliminating or suppressing emotions. Unfortunately people take such platitudes and fallacies take for granted. I have been trading for 8 years now and I still can’t figure out what it means to control emotions, or to trade without them. From personal experience, even though I’ve been trading for quite some time now, the emotions never go away completely. So, rather than “controlling them” we have to learn to sink beneath them. In other words, we don’t associate ourselves to them anymore. We become passive observers of our thoughts, feelings, emotions, in such a way that they do not impede our behavior anymore. By means of observation, we become detached from them!

The character of this conversation we’re constantly having with ourselves is by and large what engineers our results. Our worries and anxieties, self-doubts, and self-criticisms — they demand expression and they will find a way to do so when we interact with the markets. Thoughts are necessary and we couldn’t navigate our lives without them but this automaticity of being lost in thoughts; of identifying with them, and not knowing that we’re thinking is really the root cause of our mediocrity in the markets.

The good news is that there is hope, and introspection allows us to inquire about the nature of our mental occurrences. Doing what is difficult over what is easy is a skill that we can learn, and how we pay attention to the present moment largely determines our ability to cultivate and apply that skill. By that same token, it allows us to trade our set of rules efficiently, thus returning consistent results out of our trading operations. (more…)

By Nikolai Kuznetsov

The financial markets are now in sync across the globe to the extent that there is little that separates the level of services offers by various market participants. Regardless of this, service providers in the form of brokers, research, trading tools and platforms still continue to stream in a bid to getting a share of the cake.

So, why are there so many providers, yet the services offered are so similar in quality and quantity? Why not a just a few players since there is little that companies operating in this marketplace can use to differentiate themselves? And which are of the main features/factors that traders consider when choosing their broker? Which one stands out? These are some of the questions that circulate across the industry and to be a successful trader/investor they need a concrete answer.

Standout differences among brokers

According to research, most trading platforms are pretty the same, with a slight difference in loading and trade execution speed. There are also a few brokers that tend to be limited when it comes to additional services offering, while others simply luck enough trading tools and resources.

However, one of the most standout differences among most brokers according to various testimonials comes in the way of customer support. This is simply because most brokers ‘preach water while drinking wine’.


NOTE: Not everyone who claims to offer 24/7 support delivers

Traders are looking for a personal touch with regard to their relationship with their brokers and as such, they want a broker who makes them feel that the service provider has got their best interest at heart. Generally, every broker wants to make money and this fact has blinded some to focusing on selling rather than service delivery. When you come across a broker who asks you when and how much you plan to invest amongst the first 3-5 questions, then you should be wary of the service you are likely to receive from them in the future. (more…)

By Chris Ebert

One of the most confusing things that stock traders are likely to encounter in the options market is that options offer more than one right answer. There are usually several different ways of earning a profit with options, whereas there is only one way to earn a profit on a stock – trade the stock at the right time.

That’s the case with two option strategies that are popular during Bear markets: buying Puts and selling Calls. Which is better? The answer is relatively simple. Experienced option traders may wish to skip right to “The Answer” below. For everyone else, here is a little background that explains why that answer is so important.

Put Options for Bear Markets

In a bearish trading environment, where the overall trend for stock prices is in a downward direction, there are many ways to structure options in order to profit from the down-trend. Perhaps most easily understood is the purchase of a Put option.

Put Payout Diagram

Put options tend to increase in value as stock prices fall. The reason for the increase is quite simple; a standard Put option gives the owner of that option the right to sell 100 shares of stock at a pre-determined price. For example, the right to sell 100 shares of stock, at $50 per share, can become quite valuable if the stock price suddenly falls to $40. The pre-determined price remains constant throughout the life of the Put option, and is known as the strike price.

A standard Put option with, for example, a $50 strike price gives the owner of that option the right, but not the obligation, to sell 100 shares of stock for $50 per share. The beauty of the Put option is that the owner of the option is guaranteed a $50 sale price (the strike price of the Put option) if the stock price declines below $50, but is not obligated to sell the stock at $50 per share, for example if the share price climbed to $60.

Buy Now – There’s absolutely No Obligation!

The absence of an obligation is what makes options so powerful for their owners. The owner of an option contract is free to (more…)