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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (99046)11/17/2007 4:17:06 PM
From: Rocket Red  Read Replies (2) of 313022
 
More and more Canadian investors are logging onto trading sites and taking control of their portfolios and investments. Investor Economics reports that the value of online trading in Canada this year will reach more than $178 billion, up 19 per cent from last year.
The key to being successful in volatile markets is to stay involved with your portfolio, use all the tools and resources at your disposal, and change your investment strategies to coincide with changes in the market.
"People need to understand how the market works," says Ron De Appolonia, manager for Canada of the Online Trading Academy. "If you lose money, that's a wake up call that you've got to change strategies. Someone who changes tactics based on what the market is doing is going to be the profitable trader."
Online trading sites today have lots of information, reports, analyses and tools to help self-directed investors be as successful as possible in all types of markets.
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