Choose the right type of trade!
There are several ways to trade and use equity in the market. Often beginners are faced with the question of what type of trade to choose: daily, short-term or long-term? Your choice will depend on the time and effort that you are willing to devote to trading.
Day traders only trade during the day and do not take any active positions during the night. Such trading can be difficult for beginners due to unstable intraday movements, and especially for those who decide to such trade without any prior experience and proper methods of technical analysis.
Short term trading
Short-term traders hold trading positions from several days to 2-3 weeks. Such traders are usually aimed at obtaining small or moderate profits, and initiate a large number of transactions for a certain period. If you are a beginner, it is always useful to try your hand at short-term trading first.
Long term trading
Long-term traders hold positions for at least six months. This trading method has several advantages. With a long-term investment, it is possible to reinvest your dividends over time, which will allow you to get even more profit.
Quick and profitable start of trading!
How to start trading?
- You need to have an account with our brokerage company
- It is important to understand market mechanisms
- Choose a trading account and fund it
- Keep a transaction log and study the results of their work
- Do not give in to emotions and do not deviate from the chosen strategy
To gain experience already during training, it is best to open a demo account – this is how you can safely learn the trading mechanism using virtual money.
Productive trading requires a deep understanding of the markets and various short-term profit strategies. To do this, traders use many trading strategies, such as:
Such traders try to make many small profits from small price changes throughout the day.
In this strategy, traders mainly use support and resistance levels to determine their buying and selling opportunities.
A strategy that usually captures trading opportunities due to increased volatility around news events.
High-frequency trading (HFT)
HFT uses sophisticated algorithms to exploit small or short-term market inefficiencies.