The general securities licensing test required by FINRA is the Series 7 examination. Member firms who are part of the solicitation of securities which are not managed by other parties. If a representative only solicits securities such as mutual funds and variable annuities which are managed elsewhere, a Series 6 and Series 63 combined would fulfill the licensing requirements in that situation. The Series 7 licenses a representative or broker to solicit the sale of individual securities, such as stocks and bonds, as well as options, derivatives, and private placement. The only securities that a Series 7 does not license an individual to solicit are commodities futures, which require a Series 3. Continue reading...
In order to solicit orders for any type of security, a broker or representative must pass the Series 63 examination, in addition to the Series 6 or Series 7. These tests are administered by FINRA, the financial services industry self-regulatory organization (SRO), and serve as licensing requirements for financial services representatives and management in the field. The 6 and 7 deal with product and industry knowledge and theory, while the 63 covers state-specific laws and rules, along with an understanding of ethical and fiduciary responsibility. The Series 63 takes only 75 minutes, with 65 multiple choice questions. Continue reading...
Commodities Futures are one of the most highly traded securities in the world, and it is partially because nothing has to be delivered by the participants as in a spot-trading market. Futures can be purchased on margin, opening up large positions, long or short, and if a trader finds a place to exit before the settlement date of the contract, the trader will buy/sell to close his or her position, and the exchange will regard the trader’s position as flat, and nonexistent for all intents and purposes. Continue reading...
Discover how U.S. markets delivered mixed results with tech stocks leading gains and small-cap stocks struggling. Learn how AI trading robots optimize dip-buying strategies in volatile markets, offering smart risk management and high win rates. Read the full analysis now! Continue reading...
Navigate the future of trading with AI-driven strategies that blend technical and fundamental analysis to unlock new levels of precision and efficiency. Explore how automated trading systems from Tickeron are transforming the market, offering traders a sophisticated arsenal for optimizing returns and managing risks. Whether you're drawn to the meticulous analysis of financial health, the rapid dynamics of price action, or the comprehensive insight of combined FA&TA strategies, discover the path to trading success in an AI-enhanced world. Continue reading...
Explore this week’s dynamic market trends! Uncover insights on notable gains in commodities and cryptocurrencies, the performance of diverse sectors, and international market movements. Get the knowledge you need to navigate the complex investment landscape effectively. Continue reading...
Day trading involves buying and selling securities within the same trading day, requiring rapid decision-making and a deep understanding of market movements. This strategy relies heavily on technical analysis and effective risk management to capitalize on market volatility. Explore how Tickeron's AI robots enhance trading efficiency with real-time data and advanced analysis tools. Continue reading...
The financial markets experienced mixed performance during the week of September 2-6, with the Dow Jones gaining 1.05% and the Nasdaq 100 dropping by 0.77%. Rising volatility, particularly in the tech sector, signals growing uncertainty. Explore key trends shaping market dynamics and investor sentiment. Continue reading...
The world of options trading is intricate and can be highly rewarding for those who master it. Books remain a critical source of knowledge for both the novice and the seasoned trader, offering insights into complex strategies, risk management, and predictive analytics. In this exploration, we discuss six exceptional books that stand as pillars for anyone aiming to excel in options trading. Continue reading...
Dive into the future of trading with our latest exploration of cutting-edge AI and data analytics strategies. Learn how automated systems are transforming the investment landscape, offering a comprehensive toolkit for savvy traders. From assessing financial health to decoding market trends and blending analyses for precision trading, discover the secrets to maximizing your profits and minimizing risks in today's volatile markets. Join us on a journey through the advanced algorithms powering success in the financial world, brought to you by Tickeron's forefront of algorithmic AI trading technology. Continue reading...
Unlock the potential of stock chart patterns with real-time AI tools. Learn how traders leverage pattern recognition and AI-powered trading bots to make informed, timely decisions and maximize profits in the fast-paced world of stock trading. Continue reading...
Discover the power of AI in identifying stock chart patterns and optimizing trading strategies. Learn how real-time pattern recognition can significantly enhance trading decisions and profitability, with insights from experts like Timothy Sykes and Sergey Savastiouk. Explore the most critical stock patterns and leverage AI technology to stay ahead in the dynamic world of stock trading. Continue reading...
On May 6, 2010, investors around the world were shocked when the Dow Jones Industrial Average fell nearly 1,000 points in a matter of minutes. The market recovered just as quickly, finishing the day down a much lesser 348 points. The so-termed "flash crash" was caused by a trader's technical errors in entering order amounts, which caused a few stocks to post erroneous numbers (notably Procter & Gamble, which showed a 37% loss, before recovering to a 2% loss on the day). Continue reading...
A Channel Down pattern shows a clearly defined downtrend and describes the behavior of the price contained between downward sloping parallel lines. Lower lows and lower highs characterize this price pattern. This pattern is created via a lower trendline connecting the swing lows (1, 3, 5), and an upper channel line that joins the swing highs (2, 4, 6). A breakdown below a descending channel’s resistance line points to a continuation of the decline momentum, while a break out above the channel’s resistance line can show a possible trend change. Continue reading...
Unlock your investing potential with Tickeron's Stock Screener! Explore top picks in entertainment, gaming, petroleum, and more. Dive into personalized learning with our expert-guided lessons and master the essentials of AI trading tools to revolutionize your portfolio. Continue reading...
Discover key market insights across top sectors like healthcare, automotive, and tech with a spotlight on CVS Health, Toyota, Qualcomm, and more. Get the latest on stock trends driving these industry leaders. Continue reading...
The Federal Unemployment Tax Act was passed in 1939, and it set up trust funds for the purpose of providing unemployment insurance. Businesses, not individuals, are taxed to provide funds for the program. There are 53 state funds (including D.C., Puerto Rico, and the Virgin Islands), 4 federal accounts, and 2 associated with railroad retirement. The Federal Unemployment Tax helps states fund their own unemployment programs. Continue reading...
The Accounting Cycle includes all of the documentation that is collected and all of the controls and systems in place to ensure accurate accounting. The Accounting Cycle begins with the point of sale, with documentation for the transaction (invoice or receipt) and the internal expenses and inventory. There are conventions, controls and systems in place to account for and control the flow of information in a company at each stage of the process to ensure that accounts are as accurate as possible. The Accounting Cycle may refer to the length of time between trial balances, such as monthly, quarterly, or annually. Continue reading...
If your balance sheet is a relatively simple one, and you have very little or no debt, then it may be fine to simply use a trusted online resource. More complicated wills usually require the help of an attorney who can help you and guide you through the process. Be warned though: hiring an attorney will not be cheap, but it may very well be worth the cost in the long run. Do I Need Professional Help to Prepare a Will? How Much Does it Cost to Prepare a Will? Continue reading...