Fidelity Active Trader Pro

Fidelity Active Trader Pro

Understanding how to use the Fidelity Active Trader Pro will make your life so much easier.  On top of that, you’ll be able to quickly find what you’re looking for.  So whether you’re margin trading, or just checking your portfolio you’ll find this tool very insightful.  In this article I’ll show you how to use Fidelity’s Active Trader Pro Platform in addition to showing you some of the features.

1. Requirements To Use Active Trader Pro:

Fidelity does require you have an open account with a total balance of $25,000 or greater OR place 36 or more trades in a rolling 12-month period.  If you meet these requirements you the platform should automatically be available.   However, if you call customer service and talk to a rep they are able to add this requirement for you.  You will have two different options.  There’s an online version (support by your browser) or you can download a copy as an application.  Personally, I’ve had poor experiences with the web based version from running very slow to having to restart the application due to stock data not being updated.

Links To Download Fidelity’s Trading Platform: 1. Active Trader Pro for PC  2. Active Trader Pro For Mac

2. Getting Started:

After you’ve completed the install, it’s time to login.  You should see an icon with the Fidelity logo called “Fidelity Active Trader Pro®”.  If you don’t see it try clicking the windows start button and type “Fidelity” in the search window.  It should pop-up (at this time I’d recommend right clicking on it and creating a shortcut for your desktop).  The first time opening the app may take a minute or two, so be patient.  You’ll be promoted to enter your username and password.  Once you login you should see something similar to the screenshot below. Now, you might be feeling a little overwhelmed, don’t worry you’re not the only one.

Fidelity Active Trader Pro Main Screen

Fidelity Active Trader Pro: Main Screen

3. Fidelity Active Trader Pro Menu:

At the top of the tool you’ll find the menu.  If you begin to browser through the different menus you’ll notice this is a fairly complex tool.  For this reason I’m going to focus on the basics that are important to every investor and I’ll cover the view I use.

  • LAYOUTS:  Lucky for you Fidelity has provide some pre-built layouts such as: Investor, Portfolio Monitor Technical Trends, Option Trader, ect.  Recommendation: Select one of the layouts that best describes your investment profile.  This is a great starting point and as you become more comfortable you can customize the layout to fit you.
  • ACCOUNTS:  Will have windows that give you more information about your accounts.  I have a number of different accounts with Fidelity including: a 401k plan, Roth IRA, Rollover IRA, Personal Brokerage Account and a Checking Account.  By using the Find Position in All Accounts I can a full list of my current holdings in a equity that is in both in my retirement and personal account.
  • TRADE & ORDERS:  If you’re wanting to make a quick trade you can do so by clicking Trade.  One of my favorite windows is the Trade Armor.  This allows you to only display one equity at a time, but if you own the stock (oh have at one point) you’re able to see a summarized view of the P&L.  In addition, you are able to make trades from this window.
Start Forex Trading Without An Investment

Start Forex Trading Without Investment & Day Trading Forex

Forex is an acronym of Foreign Exchange, and Forex Trading is the global business of trading of currencies from various countries against each other. The foreign exchange market also known as FX, currency market or Forex. All of the larger international banks are major participants in Forex trading.  So, is it really possible to start Forex trading without investment?  What about Day Trading Forex?  The answer to both of these is yes you can!

Typically Forex trading is performed by the brokers, in this business you have right to choose the currency pair that you expect to change in the value and trade accordingly. As a Forex trader, you have to place an order through broker then the broker passes the order to their partner in the Interbank Market and fills your place. In case, you close the trade the broker closes your position with the loss or profit during the trade.

Start Forex Trading Business? Why Should I?

No matter what is your actual business you can do it from home as part-time, if you know how to do business and survive in the market, start by day trading Forex. It requires practice and knowledge of different markets you want to work with.

Day Trading Forex is Easy With a 24-Hour Market

As a Forex trader, you can choose your own hours to work from the morning in Australia till the night in the United States. The Forex market never sleeps, so you can join Forex trading as a part-time business, but you must have some amount to invest. You can find your peak hours to do Forex trade according to your regional time.  Find out how to combat inflation!

Low transaction costs

The physical Forex markets require large amounts to invest to survive in the market, on the other hand, online Forex trading doesn’t require anything like this. You can make transaction cost under 0.1% under standard market circumstances, and the larger markets can bid as low as 0.07%, so it depends on your investment in this market.

No commissions

As a Forex trader, you don’t need to bear expenses like brokerage fees, exchange fees or government

fees. Most of the retail brokers compensate for their services, so they don’t require you the commission.

Just like other businesses, day trading Forex also has scammers who are just like a black sheep in this field.

Before you start Forex trading, you need to avoid them, following tips helps you to avoid from Forex scam or fraud.

Google the product and research for it: If you see a new product that offers high-profit, search about it in Google, for example: write “product name scam” if the results yield with too many results don’t go with it.

If it looks too good: Websites that offers high-profit, keep in mind there’s no easy money in this market.

Scamming websites usually have one page with big/blinking $ sign and serious explanations.

Demo account: As a beginner you need to care for the demo accounts. You must ask from the people who have experienced the field to start a demo account.

Check the people on LinkedIn: LinkedIn is the world’s largest professional network with a wide audience. People who looks new to the Forex and from whom you might have scam risk then they can be searched out on LinkedIn. By checking their linked profiles you will know that whether they are trusted or not.

The Potential Value In Fitbit Inc

My Current Position In Fitbit Inc.

I’ve been watching Fitbit Inc (symbol: FIT) over the last couple of years.  During that time I’ve bought and sold shares of Fitbit here and there.  During August of 2017 I began getting more serious and started purchasing shares fairly regularly.  As of January 30th, 2018 I currently own 7,630 shares of Fitbit.  With 1,930 in retirement accounts and the remaining 5,700 in my personal brokerage account.  I have just $40k invested in Fitbit. with their current share price of $5.22.  I’m currently averaging a cost basis per a share of $6.11 (I’m down just around $6,800).  I plan to add an additional $5k over the next month to put my total original investment just above $50k.

Stock Profit Calculator

Stock Profit Calculator That Allows You To See Different Scenarios

Current Financial Situation of Fitbit, Inc.

There were a few things to call about about the latest earnings report for the fiscal Q3 ending on September 30th, 2017.

Highlights From Fitbit’s Q3 FY17 Financial Report

  • $659 million in cash, with current assets totaling $1.23 billion
  • $564 million in current liabilities
  • $392 million in revenue, with $174 million and -$27 million in gross profit and operating income respectively
  • -$113 million in net income
  • Operating cash flow was $5.5 million, net change in cash for Q3 FY17 was -$38 million.

There’s a few important things to call out from Fitbit’s Q3 FY17 Financial Report

  1. Has a very strong cash position, with operating cash flow remaining positive.
  2. R&D spend remained at $84 million contributing to the lower net income

The Long Term Strategy Of Fitbit

If Fitbit is able to enter into the healthcare side of things.  I believe there is a lot of potential for this company.  During FY18 I’ll be looking for YoY sales increases and their plan for expanding their services.  I still believe that Fitbit is undervalue at it’s current price.  With the market cap just under $1.3 billion, this company has a lot of room to go, if they can prove to the market their value.