Archive for August, 2010

The Different Types of Stock Market Trading

Wednesday, August 25th, 2010

The stock market is a place where long term securities are bought and sold. It is a market used to raise long term finances for the businesses and provides the businesses with the necessary liquidity.

There are different participants in a stock exchange and each one of them has their own objectives. They carry their share trading on the basis of their objectives. The different kinds of share trading which are in practice are intraday trading, swing trading, commodity trading etc. Trading can be done both on the equities as well as on commodities. Trading on commodities is known as commodity trading. Commodity trading includes trading of commodities like gold, crude, silver, nickel, lead etc. The Indian commodity market opens at 9:55 in the morning and functions till 11:30 in the night. The commodity trading is largely influenced by the change in price of the commodities in the international commodities market. In India a large number of investors do engage in commodity trading. Most of the large players in commodity trading are traders like jewelers etc. They see commodity trading as a tool to mitigate the risks of their business. In commodity trading the commodities are bought and sold in a lot or individually. The parties involved in commodity trading may sometime go for margin money and if the value of their security falls down then they cannot hold it for a longer period of time as they are in short of funds.

Intraday trading and swing trading are two tools of speculation. Swing trading is a practice where by the instrument is bought or sold at the end of volatility in price. So swing trading makes use of the volatility of the share price for a period of one week. Intraday trading is the most commonly used speculative tool in our stock exchanges. In intraday trading, the securities that are brought on that day are sold before the market closes for that day. So people who indulge in intraday trading are not real investors and they are really interested in making quick profits. Intraday trading can give you quick profits as well as the chances for loss making are many when compared to delivery trading. Most people who indulge in intraday trading end up making losses because they do not know anything about the stock exchanges and listening to others words them start intraday trading expecting quick profits. Most people who go for intraday trading use the margin money system and therefore they cannot hold their shares for a longer time due to the shortage of funds.

Preparing For Financial Services Interviews

Wednesday, August 11th, 2010

Preparing for any job interview can always be nerve-wracking and challenging, but if you revise sample questions and find out the sort of things you are likely to be asked on the day, you stand a much better chance of impressing your new employer. If you are taking your first steps into the world of financial services – whether as an accountant, finance manager or banker – you can naturally expect the interview to be tailored towards your suitability for the financial sector. This could mean anything from describing your own relevant experiences in previous jobs or positions to being presented with mathematical problems that test your numeracy skills.

Your interview is the time to sell yourself, so prepare to answer questions related to your relevant training, study plans and qualifications, as well as any knowledge you already have of the financial services industry that could prove handy in your new role. Your interviewer will also want to know about your core competencies, which could include strong analytical and numerical skills or the ability to communicate well. Last but not least, your personality is another major contributing factor to your success, especially if you’re applying for banking jobs that involve strong internal communication skills. Your employer needs to feel that you are sufficiently motivated and able to handle a pressurised environment.

There are more ways you can prepare for your interview than just thinking about what questions might come up. Your actions the night before can contribute significantly to your performance on the big day, and that includes making sure you go to bed at a reasonable time to feel well-rested and alert in the morning. You can also save time and anxiety on the day by preparing the clothes you want to wear the previous day, and eating a nutritious breakfast will help you avoid embarrassing problems such as your stomach rumbling during quieter moments of the interview. Make sure you know exactly where the interview is taking place too, even if that means printing off a map and visiting the area beforehand.