I’ll tell you upfront – even though I’m not trading yet I know exactly what I want o achieve. And to many my goals might not sounds reasonable at all. Like mentioned in my previous post, I will most likely be day trading on both – stock market and foreign exchange and I expect to get a minimum of 3% ROI per day for 20 days each month. So when you look at it like that....20*3 = 60% ROI per month. And this includes all commissions as well, only tax will go off from this sum.
Actually the total ROI would be even bigger, possibly up to 80% per month if we consider the fact that every day we will have 3% more money to play with.While these percentages might sound utopical and not too real – if you are a winning trader ( meaning you win with 2/3 of your trades, you have proper stop-loss limits etc) I do believe this is possible.
Some of you may now of course ask – If it is possible to earn 3% ROI from your investment each day then why aren’t we all millionaires? Justified question. To answer this there are couple of things you need to think about :
1. Everyone can’t always re-invest all the money he has earned. So lets say you earn ... 30% ROI each month, but you also need money for living...so you might end up just earning you monthly living money without re-investing it.
2. Trading on stock market and foreign exchange is not safe, everyone playing there have a great chance to lose all their money, especially if they don’t have enough knowledge and experiences (that’s what most of us lack). So instead of day trading many you might decide for yearly long investments that might bring you 20% ROI per year ( or lose the same amount ) or invest into 90% sure things where you earn like 5% or 10% per year – mutual funds might be a possibility here.
3. You know how to trade, when to trade, you know all about risk management, portfolio management etc, but you still don’t act upon your knowledge. This is rather common as well.
4. Not everyone are interested in day-to-day trading just like not everyone is interested in owning their own business or travelling a lot or...you get the point.
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Sunday, January 11, 2009
How Do I Set My Financial Goals
Friday, November 28, 2008
ForexGen | Research and Markets
Research and Markets: Directed Electronics, Inc. and the U.S. Audio and Video Equipment Manufacturing Industry Contains at Least 5 Years of Independently Researched Industry Statistics
has announced the addition of the "Directed Electronics, Inc. and the U.S. Audio and Video Equipment Manufacturing Industry" company profile to their offering.
The Directed Electronics, Inc. company report details the company's key financial data, business operations, technology and patent activities, financial benchmarks against the Audio and Video Equipment Manufacturing industry in the US, and that industry's pertinent information such as financial data, downstream industries, competitive landscape, upstream industries, and industry structure.
This company report provides a breadth of information on the company and its relevant industry in the US - Audio and Video Equipment Manufacturing industry, represented by the 6-digit NAICS code 334310. The report first presents the company data, and then presents industry data in a similar, logical flow for the reader to draw relevant comparisons. The complete understanding of the company and its industry allow for better forecasting of specific and industry-wide trends in times of economic uncertainty. This detailed information resource contains at least 5 years of independently researched industry statistics cross-referenced with the relevant U.S. and international economic indicators. All data have been verified to ensure the highest quality.
In this report, you will find company and industry data on the following major categories:
Executive Summary -- High level summary of the company and the relevant industry -- Revenue numbers for the past 3 years
Company Overview -- The company's operations, businesses, and products -- Employees, officers, locations (when relevant)
Company Financial Summary -- Yearly income statement, sales by segment, balance sheet, cash flow statement -- Financial ratios - calculations and detailed explanations -- Executive compensation summary
Company Patents and Technology -- US Patent and Trademark Office (USPTO) patent holdings and applications -- Patent classification listing for analyzing research and development trends
U.S. Industry and Comparison -- Industry financials from income statement to balance sheet -- Income statement benchmarks - Company against Industry
Industry Information -- Product market sizes - percentage of sales of each product category within the industry -- Pricing Distribution among Downstream Industries differentiated at producer, wholesale, retail, and freight categories -- Industry Concentration: HHI, number of companies, size distributions, top level market shares -- Major Players: company profiles and market size ranges -- Cost analysis: Materials and their percentage share of total material costs -- Upstream Industries and the cost allocations towards producer, wholesale, retail, and freight -- Labor and Compensation Structure: productivity indices, hourly wages, production hours, output index, HR structure -- Establishments: Trends, Employee Statistics, State by State numbers
Relevant References -- Complete list of the company's subsidiaries -- Industry trade associations and publications -- Industry 4-year financial statement
Company Revenue Preview
Directed Electronics, Inc. generated $401M, $438M, and $305M worth of revenue in the fiscal years ending approximately December 31, 2007, 2006, and 2005. In those respective years, the company's gross profit margins were 35.3%, 28.0%, and 32.5%.
Excel Datasheet
The data presented in the report is also included in an Excel file for further analysis and data manipulation. It includes all of the company's financial data presented in the report (income statement, balance sheet, cash flow statement, segment data, financial ratios), executive compensation, subsidiary listing, USPTO patent activities (dates, application numbers, abstracts), and links to SEC filings. This valuable resource provides the freedom and convenience to conduct further research into the company at your will, be it data-mining or integration into forecast models.
Report Summary
This 92-page research report provides an unparalleled breadth and diversity of information on Directed Electronics, Inc. and its relevant industry. The two-part presentation of data, company and industry, paints the most complete picture of the company and its business. The summary of the company's operations and structure, backed up by crucial financial numbers, allows one to quickly understand the company. And the inclusion of hard-to-find data such as sales by segment, patent activities, subsidiary listings, and executive compensation further enhance this research.
ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.
ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.
ForexGen serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.