Casual Trading is a newly developed variant of Financial trading, it consists of the same principles carried out in Trading Rooms but involves the use of trading platforms that can be operated from the trader's residence.
Casual Trading is a general name for all trading actions that are carried out by individuals without the use of a mediator, they can be found in Stock exchange, Foreign exchange, commodities and other markets.
General Trading markets
There are three major markets in Casual Trading. They are -- Stocks, Forex, and Commodities. First, there are stocks.
Stock marketstock trading or (equity trading) is trading of company stockand derivatives of company stock at an agreed price; both of these are securities listed on a stock exchangeas well as those only traded privately. Secondly, there is Forex. In foreign exchange (currency or forex or FX) market traders select a Currency Pair in which one currency is traded for another. It is by far the largest financial market in the world, with The average daily trade in the global forex and related markets estimated at US$3 trillion. [http://www.bis.org/publ/rpfx07.pdf Triennial Central Bank Survey] (April 2007), Bank for International Settlements.] In Forex it is common to use leveraging Leveraging which enables traders to generate large profits but considered quite risky for the inexperienced trader. Thirdly, there are commodities, which are things for which there is demand, but which is supplied without qualitative differentiation across a given market. Characteristic of commodities is that their prices are determined as a function of their market as a whole. Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, etc ( for a full list: http://en.wikipedia.org/wiki/List_of_traded_commodities of traded commodities see here) .
Casual Trading versus standard trading
The principal differences between casual trading and Floor trading are in the traders experience, volume and location. Professional traders usually carry out their trades from the [http://en.wikipedia.org/wiki/Trading_floor] and carry large volumes. Casual traders do not trade as a profession but as an addition to their everyday lives. They usually trade from their own homes or "day job" offices using an internet connection and a trading platform software
day trading software, which are monitored and regulated by the National Futures Association (NFA). 2. Stone Amey , [http://www.businessweek.com/technology/content/may2001/tc20010523_908.htm "The Darwinism of Day trading"] Businessweek online
3. [http://www.cftc.gov/ Commodity Futures Trading Commission]
4. Alex Frino, David Johnstone and Hui Zheng,
[http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VCY-4B3MTRT-3&_user=10&_rdoc=1&_fmt=&_orig=search&_sort=d&view=c&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=f71971323f6717c98b098f777353e0a1 The propensity for local traders in futures markets to ride losses: Evidence of irrational or rational behavior?] Sciencedirect research database.
5. [http://www.nfa.futures.org/ National Futures Association]
6. Egan, Jack. [http://www.nytimes.com/2005/06/19/business/yourmoney/19fore.html "Check the Currency Risk. Then Multiply by 100"] , The New York Times, June 19, 2005.
7. Vincent , Matthew . [http://www.ft.com/cms/s/0/3aa7a9ca-186c-11dd-8c92-0000779fd2ac.html?nclick_check=1 " FX marks the spot for more traders"] Financial Times online
* [http://www.newyorkfed.org/markets/foreignex.html Federal Reserve Bank of New York] Stock, Foreign Exchange and commodities related material.
Wikimedia Foundation. 2010.
Look at other dictionaries:
Yu-Gi-Oh! Trading Card Game — Duel Monsters redirects here. It is not to be confused with Duel Masters. Yu Gi Oh! Trading Card Game Yu Gi Oh! TCG logo Players 1 vs. 1, 2 vs. 2, 3 vs. 3, free for all (unofficial) 1 to 4 players Age range 8 and up Setup time … Wikipedia
Sierra Trading Post — Infobox Company | company name = Sierra Trading Post | company | company type = Private foundation = Reno, Nevada, U.S. (1986) founder = Keith Richardson location city = Cheyenne, Wyoming locations = 4 stores (2008) industry = Retail | num… … Wikipedia
Star Wars Trading Card Game — Infobox Game subject name = Star Wars Trading Card Game image link = image caption = designer = Richard Garfield publisher = Wizards of the Coast players = 2 ages = 6 and up setup time= under 1 minute playing time = 10 40 Minutes complexity = Low … Wikipedia
List of Acts of the Oireachtas — This is a list of Acts of the Oireachtas for the years 1922 to present.1922 19301922*Constitution of the Irish Free State (Saorstát Éireann) Act 1922:: Technically this was an Act of the Irish Constituent Assembly; the Oireachtas did not yet… … Wikipedia
David McSavage — (born David Andrews Jr.) is an Irish comedy writer and performer. He has performed at national and international comedy festivals such as the Kilkenny Comedy Festival, and appeared on Irish television comedy programmes, including The Savage… … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
Computers and Information Systems — ▪ 2009 Introduction Smartphone: The New Computer. The market for the smartphone in reality a handheld computer for Web browsing, e mail, music, and video that was integrated with a cellular telephone continued to grow in 2008. According to… … Universalium
Italy — /it l ee/, n. a republic in S Europe, comprising a peninsula S of the Alps, and Sicily, Sardinia, Elba, and other smaller islands: a kingdom 1870 1946. 57,534,088; 116,294 sq. mi. (301,200 sq. km). Cap.: Rome. Italian, Italia. * * * Italy… … Universalium
WorkChoices — The Workplace Relations Act 1996, as amended by the Workplace Relations Amendment Act 2005, or WorkChoices, which came into effect in March 2006, was the most comprehensive change to industrial relations in Australia in over a century. In 1904… … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium