Trading stocks involves finding good corporations with solid management teams, products and a strategy to make ample profits. The entire process of analyzing how these businesses fit into the global economy is being revolutionized with a number of powerful technologies. These 5 technologies change how the world is viewed, how the companies are valued and how the stocks are traded.
Faster, Smarter & Anywhere Money Making
Successful stock traders have key advantages over others. Although technology can’t predict the future, the huge technological advancements of the 21st Century with its digital currency revolution has allowed regular people to have a much better chance of predicting financial outcomes.
Technical traders want to be able to respond faster than others and have a variety of technologies to make this a reality (smart phone apps and HFT). These technologies allow people to succeed anywhere they are, just like the vape box mod. You don’t need to have a large vaping set up at home. You can accomplish your goals on-the-go. Together, these are five of the technologies, impacting the stock market.
1. Smartphone Apps
Smartphone apps allow you to trade stocks, bonds or Forex on a remote Caribbean beach while enjoy Piña Coladas. The best financial apps allow you to receive alerts, view charts and execute trades remotely.
2. High-Frequency Trading (HFT)
The top global banks have been continuously profitable for many, many quarters. Their secret? High-Frequency Trading (HFT) algorithms. The top traders can execute their trades in microseconds with HFT. Investopedia has reported that between “2009 and 2010, anywhere from 60% to 70% of U.S. trading was attributed to HFT.” HFT has become the norm.
3. Siri Trades
Did you know that Siri (the Apple artificial intelligence) can make restaurant and airline reservations? It is becoming downright scary. Of course, Siri might be used for trading stocks, sometime soon.
As cute as it is to ask Siri questions, some might also ask her for stock advice. Her picks would probably be better than throwing at a dart board.
4. Is BitCoin Bad?
What used to have a bad reputation has suddenly become an important commodity. Have you figured it out? Many top investors have decided to take this route within the market. Nothing has really changed with digital blockchain currencies, like BitCoin, except now this elite 1% own shares. You might want to get on board the BitCoin train before it leaves the station.
5. Web Bot is Good
Much of Western society is about psychology. The most successful stock traders understand the “herd mentality.” The Web Bot is an accumulation of analytics tracking keywords on the World Wide Web. It actually makes predictions, using the results of psycho history.
The concept is similar to Google Analytics. You can look up how often certain keywords are used online. When you do an overall analysis, you might be able to find hidden trends.
This is also how marketing works. Corporations already have a lot of information, accumulated from cookies placed on your home computer. This geo-location information allows them to recommend videos on YouTube, restaurants in your town or car insurance for your new SUV.
Some have argued that the WebBot (created by Clif High) has actually made a couple of successful predictions already. How similar will 2018 be like 2008? What does the WebBot say?
Combined Technology Provides Advantage
By combining all of these technologies, stock traders can gain a distinct advantage over the competition. The billionaires are already using these technologies to increase their speed, knowledge and ubiquitous stock trading acumen. The astute will invest in these technologies to level the playing field.Comments »