The chart is telling us that, although buyers are in long-term control, sellers are dominant at 150, willing to sell each time the price touches this level. While these are indeed challenging times, for the online trading community, the increased volatility has proven tempting for those looking to profit handsomely. Subscribe Now. If your trades are random and emotional, with lots of manual intervention, then there’s no fixed process for you to review. Could you have done better? ADVERTISEMENT. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. In this way, it’s possible to monitor the success of your strategy. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link. Alternatively, of course, there’s technical analysis, whereby you base your decisions off charts and previous price action, but again, you need a set of specific rules to enable you to trade with a consistent strategy. A take profit order is a type of limit order that specifies the exact price for traders to close out an open position for a profit, and if the price of the security does not reach the limit price, the take profit order will not be fulfilled. The countries on this list feature the best tourist destinationsin the world, including Bali’s volcanic locations, Singapore’s night safari,and the Grand Palace in Thailand. A volatile market certainly offers great scope for profit and new sources of revenue for those that are savvy enough to put their convictions to the test. It is calculated by calculating the price per share of the stock at a particular price and period in time. However, where people stand the chance to profit greatly from market volatility, there is also the possibility to make a loss, particularly for those that are new to online trading or who are still developing their understanding of the market. Although the global markets have been on a rollercoaster for some time with various geopolitical tensions, the market swings that we have witnessed since March have undoubtedly been unlike anything seen before. However, the uptrend may still be in place, since each time the price pulls back from the 150 level, the selling is weaker and the price makes a higher short-term low. All of the countries in Southeast Asia are in the tropics except for the northernmost areas of Myanmar, which is in the subtropics. Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. However, with the opportunity to make greater profits also comes the possibility to make a loss, so how has 2020 changed the online trading landscape and how can retail investors stay safe? By Anna Willems, Marketing Director, Mention A strong online presence matters. You’re basically looking for sufficient evidence that the uptrend is continuing. By setting a stop loss, you can fix your maximum risk on a trade, which is essential to preserving your capital and managing your overall risk limits. As more people take an interest and sign up to online trading platforms, providers will certainly look to increase or improve the risk management tools on offer to try and keep new users on board, and this could spell a new era for the online trading world. Good trade management can save a bad trade, while poor trade management can turn an excellent trade entry into a loser. This will not only improve your profitability, but will also significantly reduce your stress levels during the decision-making process. Some traders set their stop loss and target levels and let the trade run to its conclusion, while others manage their trades more actively, trailing stop losses, taking interim profits, or even adding to winning positions. Of course, the higher the price goes (or the longer it stays above 150), the more confident you can be that the breakout is valid, but the higher price you will need to pay. What if the price touches 150.10 for 10 seconds only? Economic conditions can also affect the performance of the stock markets. By Paddy Osborn, Academic Dean, London Academy of Trading. This means that people from those countries will invest in stocks of countries that are in good condition, and these investments will yield profits for them. The outcome of these events may well trigger further volatility. You also need to be honest with yourself, and face up to your bad decisions in order to learn from them. This island, … This is not to be considered as financial advice and should be considered only for information purposes. Once you’ve found a potential new trade set-up, the next step is to decide when to pull the trigger on the trade. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. The food in each Southeast Asian country isunique and cannot be replicated back home, so you’re sure to be in for aspecial experience. This will not incur any additional charges to you. Brunei. The List of Southeast Asian Nations by GDP provides a list of Southeast Asian nations … Not a day has gone by this year without the news prompting a change in the financial markets. A stock price represents the value of a particular stock of a particular entity, asset or another financial instrument. Another important factor that influences the direction of the stock market is the change in the global economy. Top golfers will have a strategy to get around the course in the fewest number of shots possible, and without this plan, their score will undoubtedly be worse. One such factor is the state of the economy. For example, during the global recession in 2020, the stock prices of many companies suffered a great deal and so did the profits of the company. Before executing any trades, you need to decide on your criteria for making your trading decisions. Although not yet widely available across the retail market, risk management tools are slowly becoming more prevalent and being offered by online traders as an extra layer of security for those seeking to trade in riskier climates. I could talk for days about in-trade management, since there are many different methods you can use, but the essential ingredient for every trade is a stop loss. All the countries in Southeast Asia are a part of ASEAN, except for East Timor. The key ingredient throughout is to fix specific and measurable rules (not rough guidelines that can be over-ridden on a whim with an emotional decision). For example, if the state of the economy is poor and the population is experiencing unemployment, then the economy will suffer and the stock prices will definitely take a hit. [1] These are the countries in Southeast Asia: The United Nations also includes the region of North-east India and Bangladesh traditionally, due to ethnicity similarities and culturally as part of Southeast Asia. I’d say not, so you need to set rules to define exactly how far the price needs to break above 150 – or for how long it needs to stay above 150 – for you to execute the trade. This clearly suggests that upward pressure remains, and there’s potential to profit from the uptrend if the price breaks higher. 2 South-East Asia Timor-Leste (East Timor), 10 South-East Asia East Timor (Timor-Leste), 11 South-East Asia Lao, People’s Democratic Republic, 14 South-East Asia Cocos (Keeling) Islands. Whether you’re negotiating a business deal, playing a sport or trading financial markets, it’s vital that you have a plan. It’s oftenoverlooked by travelers who look for the best Asian travel destinations.However, Southeast Asian countries have just as much to explore and experienceas the more popular countries like Japan and China.