Basic Terms and Tips on Swing Trading

For reference: day trading involves making multiple trades in a single day, while swing trading involves thorough technical analysis.

Day trading involves an independent broker without corporate backing with flexible schedules. These traders compete with high-frequency traders for advantages.

Meanwhile, swing trading spans from a few days to a few weeks. It demands much less time than day trading, which requires traders to quit their day jobs to find trading opportunities.

While both jobs are better with experience in technical analysis, only a swing trader requires formal education on finance.

Longer timeframes for keeping trades open result in higher profits with maximum leverage at double a person’s capital. However, keeping it open can also lead to more significant losses.

How can you swing?
In this article, you’re going to hear a lot of the word trend and its variety. A trend is the direction of an asset’s price, either upwards or downwards.

Trading requires skill to decipher when trends increase or decrease. This method entails predicting trends, which are the general direction of a particular asset.

Trendlines going upward or downward identify trends. As the name suggests, an upward slope means there’s an uptrend, while the opposite means there’s a downtrend.

Expecting assets to uptrend means you’re bullish on them. Think of a bull that strikes upwards with its horns, with you as the bull itself.

Meanwhile, if you expect assets to trend downwards, it means you’re bearish. Bears strike downward with its paws.

Whether you’re bullish or bearish will determine how you’ll buy and sell trades.

Going long is just another way to say you’re buying stock. If you purchase it, you can sell it for a higher value later to reap a profit.

If you go long, it describes having a bullish attitude towards an asset. The terms are interchangeable, although going long has more to do with the action than the opinion.

On the opposite end, shorting shows that a trader expects stocks to downtrend so they can sell it for a lower price later. This method entails selling first, anticipating a lower price, then for purchase in lower values.

In the same way, going long means you’re bullish, shorting means you’re bearish towards an asset.

So, Bullish or Bearish?
For more straightforward predictions, analyzing for swing trading should be held at times when markets are going nowhere. This way, you can use either technical or fundamental analysis, although fundamentals are more often for long-term investments like swing trading.

Fundamental analysis studies financial statements, management processes, and industries that determine an asset’s intrinsic value.

Stock screeners help day traders to filter stocks based on specific criteria, especially in technical analysis. Some quit their day jobs to use it in hopes of buying higher highs and higher lows quicker.

No Chart for the Long Run
However, no chart can determine a company’s actions in the long run. Fundamental analysis requires other kinds of research like industry analysis, economic conditions, and future profitability.

Swing traders can use a baseline, which is a number to measure how successful a business or an asset is. Companies use benchmarks like how many sales a product reached in a certain amount of time.

You can use a baseline to measure where the asset is going.

Swing traders, then, use risk/reward comparisons to minimize losses for their investments.

Calculate the ratio by how much you’re willing to lose vs. how much you want to make, whether the asset’s price reaches your target level. You can learn this further in technical analysis courses.

Of course, the minimum ideal is about 1:3 for risk/reward. 1:3 suggests you’re willing to risk $1 for the expectation to earn $3.

To limit losses on long positions, most investors use a stop-loss order. This order helps them buy securities if they reach a predetermined price – which is mostly the price you paid for the asset in the first place.

As an example, if a trader purchases 100 shares for $15 per trade and expects it to raise $45 in the next month, their stop-loss order will close as soon as it reaches the price.

Stop-loss orders can be adjusted, depending on your desired risk/reward ratio.

Refer to this article for when you reach the starting point of swing trading, right after you take a course and ask a stock expert. This way, you can look back and forth on the most common terms and methods you can use for swing trading!

Augmented Reality is the FUTURE…! But what is the FUTURE of Augmented Reality?

Augmented Reality(AR) is drastically going to change the way we learn, shop, and visualize everyday objects in the upcoming years. Major brands like IKEA and Amazon, to name a few, have implemented AR development into their businesses to have an upper hand over their competitors in trying to provide their customers with an interactive experience with their brand.

The Market capital for AR by 2022 is estimated to be around USD 160 billion (Statista AR/VR Market Size Prediction) due to the crucial upgrade it can incorporate within various industries like Education, Real estate, Healthcare, Retail, Manufacturing, Navigation, Automobile, Fitness, Entertainment & Infotainment and many more.

But what is stopping AR from gaining mainstream popularity among a lot of businesses in the market provided the plethora of advantages it has to offer? This blog briefly summarises the limitations of AR development in the market and provides a fitting solution.

Limitations of AR Development:
The major challenge for AR development in the market is because of a few factors that will slowly diminish as AR gains popularity in the future.

Awareness:
People have associated AR with gaming and aren’t educated enough to see a world full of possibilities and advantages that AR has to offer in other industries. This will only resolve when they see the real-time application of AR in other industries.

Cost and time:
AR development is not very convenient for a lot of businesses because it is a costly and time-consuming affair.

Dependency:
Creating and maintaining an AR app would require a dependency on developers, software and hardware during various steps of the process.

Lack of Proven Business Models:
A lot of businesses do not see the need for AR as they believe it might not give consistent and promising results when compared to conventional methods of branding and customer interactivity.

Acceptance:
It is going to be a while before people start accepting AR as a part and parcel of life just like the time when the internet and smartphones were introduced to the world.

Possibilities of AR Development:
The stigma associated with AR has blinded people from seeing the bright side of the technology. The advantages are endless and will help the business right from building a virtual concept of the product, training their employees, appealingly presenting their product, helping the user understand the product in a detailed way and make a wiser decision by enhancing interactivity.

Let us imagine you are a business owner and a sales representative from a firm that provides tailored AR development solutions for specific businesses, quotes you an upwards of USD 5000(excluding license fees) and about 200+ hours for the complete AR development and around USD 100 and 10+ hours every month as maintenance of the application.

By rationally thinking this through, you will reconsider AR development for your business due to the following:

– The high cost of development.

– Time-consuming process.

– High dependency on Developers.

– Migration between SDKs is not feasible.

– Cost of content creation.

– Is AR mandatory for my business?

You realize that AR is not mandatory for your business, but it is good to implement it because of the overwhelming response your business will receive from the audience for providing a unique and interactive purchase experience which will, in turn, boost sales and assure the loyalty of the customer.

You start wishing how all of this wouldn’t be so expensive and time-consuming, yet wouldn’t compromise on the quality of work.

We, at PlugXR, have the right solution for you.

Why PlugXR is Unique Platform?
PlugXR’s fastest and first-of-its-kind AR Creator Platform helps you to create immersive and detailed AR experiences with our easy drag and drop option without any coding skills. You surely would have landed on a few drags and drop AR platforms while you were researching an easier and efficient alternative for AR development. But what makes PlugXR stand apart as a one-stop end-to-end AR solution provider is mentioned below:

Every other drag and drop platform requires you to be dependant on a developer to create an AR app for the first time. We assure zero dependencies on a developer to create an app and maintain it further.

We make creating an AR app so much simpler by providing Play Store and App Store publish-ready files (.apk, .IPA and source code) in the platform instead of downloading Android Studio or XCODE to publish your AR app on Android and iOS. This eliminates both Hardware and Software dependancy.

Our cross SDK support feature lets you build an AR app on an SDK of your choice. Not just that, you could also shift from one SDK to another while building an app without losing any development done earlier. This feature offers you flexibility unlike any other platform and also completely rules out the dependency on the SDK provider as well.

PlugXR platform also supports the most advanced animations, call to actions, asset support(2D and 3D), images, particle effects and a lot more. Our asset converter helps in optimizing your assets to a format that is supported for AR development.

Since the PlugXR platform is a browser-based cloud platform, you can access it from anywhere with NO hardware dependency.

The Reports & Analytics feature helps you keep a real-time tab on the AR development process.

All these features collectively save you at least 50% of the cost and about 50-60% of the time as compared to other drag and drop platform providers in the market.

How does the PlugXR platform work?
The PlugXR Creator helps you build immersive AR experiences on market-leading SDKs like Vuforia, ARKit, and ARCore.

You can now create a new white-label app of your own (on Android, iOS or both), integrate into your existing app or the PlugXR app (on Android, iOS or both) or on WebAR (browser-based cloud experiences).

Your app can contain Marker-based AR (image tracking), Markerless AR (surface tracking) or WebAR (browser-based cloud application) experiences.

Right from creating an AR experience to publishing your app on Android or iOS, we have you covered. This only assures that we are standing true to our promise of providing you with an end-to-end AR solution.

Describe Best Way to Get a Personal Loan

When you apply for a personal loan it doesn’t take much time, it can be applied for in just a few easy steps. And you can be assured that your personal loan experience shall be positive.

It mostly works by providing you access to an amount of money that will cover your personal expenses, which you can pay back later over a period of time which may vary as per your choice. And you can use the money you borrowed for various purposes as per your need.

Here detailed below are a few personal loan facts that you can consider while you apply.

It all starts with comparison
You need to start by comparing the options you have and figuring out what type of loan will suit your needs. There are different types of personal loans available, and you need to apply for the one that will actually help you address your needs.

The loan amount: You need to decide on the amount you need. So, calculate the whole amount and then apply.
Terms of loans: You can avail from two different types of repayment options, one being short-term personal loan and a long-term personal loan.
Fees: Always check for the fees you need to pay for the charges need to process the whole loan.
Interest rate: Make sure that the loan interest rate is low enough. So, that you don’t end up paying a lot of personal loan interest. As bank loan interest rates vary from one another.
Repayment amount: Once you have decided on your loan amount and repayment tenure. It’s time you decide whether the repayable amount is affordable for you or not.
Check for your eligibility
When you make sure your eligibility before you apply, it will help you save some time from considering a loan that you can’t avail. You can check your eligibility on Sufinn.com. These are the most common factors that is considered for eligibility.

Your credit history and score
Your profession and employment status
Your monthly and yearly income
Your residential address
And lastly your age
Not just these, you also need to prove that the money you borrow shall be repaid by you without any problem. Only then can you be considered as an eligible candidate.

Finish filling the application
Now, you need to apply for a loan with Sugmya Finance by filling an application online at Sufinn.com. You need to upload the following documents along with your application, and make sure that your documents are relevant and not false.

A government ID
Proof of your income
Other financial documents
Tax identification number
Filling the online application will take you just a few minutes, so scan all the documents before you fill the application.

Wait for the pending approval
When you apply for a Personal loan online, be assured to receive an approval in no time. While other processes take a bit longer. But you need not worry. If you have applied with the right documents, then you can be sure to receive the approval.

Receive your fund
After the loan application is approved you will now receive the fund directly in your account and then you can use the money for the purpose you borrowed it for.

Repayment
Having used the funds, it’s time for you to figure out how you will be repaying the money. A few lenders like us work online, making it easier for you to repay the amount, wherein you can directly repay online through your bank on a monthly basis. While there’s also the option of paying back each month with cheques and money transfers.

Closing the loan
This is the last stage, in which your loan is finally closed after you have done your last payment. And always try to pay your loan off early, as it will take the stress off your shoulders.