«Are there any major trading platforms which will be suitable for beginners? Want to know more about them... And what services do the provide, any bonuses?»
best markets for beginners to trade?
Duration: 7min 26sec Views: 18 861 Submitted: 3 years ago
Description: The most important thing when it comes to learning how to trade is to try and make things as simple as possible. This applies to the market that you are trading as well as the strategy that you will find. When we consider the simplest markets to trade we can automatically rule out the Options market, the CFD market, and also the binary opciones. These markets have a high degree of manipulation and are quite complex to try and understand. The forex market is what most of us see online as one of the best markets for beginners to trade but sadly this is far from the case. Forex while not as complex as other markets like Options, it also has a very high degree of manipulation. This means that it will be much harder for us to try and start making money with Forex. Think of it this way.... if you can start trading Forex with just $100 or even $300 imagine the kind of people that we are going up against. Also consider that Forex is where the big boys play. It is a trillion dollar market meaning that all of the big banks, institutions, and hedge funds are playing this arena. The futures market is more regulated than Forex and also has much less manipulation equaling the playing field. Also with Futures you can start with just $1,000 and even though that is much higher than Forex the Futures market is much higher leveraged so you can make much more with less.
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