Trading!? ....Know where to start :D Part 1

in trading •  7 years ago 

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Starting to trade is sometimes overwhelming because we don´t know where to start.

At first, the part of choosing a good broker platform is one of the biggest issues I think we have in this new adventure of ours.

I would like to share with you some trading platforms that I think are a really good place to start placing orders and start learning " how to be a better trader".

  1. Etoro- Etoro platform is a platform that has a demo version, I just use it in its demo version, I had some good winnings in the demo version, but I didn´t like it that much to invest real money. The coolest feature of Etoro is that you can follow and make in an automatic way the same trades of people that are better at trading than you. The thing that I didn´t like as much is that compare with the number 2 of this post, the spread is higher. You can buy ethereum and bitcion also.

2.PLUS500- PLUS500 is a platform as well, which has many categories to open positions. The spread is lower than Etoro and is also really cool to start when you know in some way what you are doing. Also, has a demo to get you started. There are several crypto options.

  1. Iqoption- Iqoption is a platform too but it has this Binary trading option that is really cool... if you enter at the right time an 80% of revenue is possible, IF YOU ENTER AT THE RIGHT TIME, also it has a FOREX categories and some times they make tournaments and things to make it more competitive in my opinion. And you can start trading with just $10 USDLLS, so I think that's a plus because really cheap to start on it. Also they have crypto options to invest.

Always remember to invest what you are willing to loose and do you research where you put your money and information. Hope this post would help you get started.

If you know of some other platform or you have any advice don´t forget to comment.

And as always, thanks for reading!

@kev321

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Hi @kev321, can you trade crypto on any of these platforms? I'm looking to upgrade from bittrex, at least in regard to trading capabilities.

Also, I'm a veteran trader and just interviewed a top trading coach today on the MSP Waves Music and Money show. I'll post a recording of the show in the next couple days if you are interested.

Hi, @scaredycatguide, yes it's possible to buy positions, the thing is that they just have the most popular. For example Ripple, Ethereum, Bitcoin and in some cases they have IOTA.

Cool, sure I´m interest @scaredcatguide!
I´ll be waiting for it :D

Ok, thanks man. Yeah I need to find something that is a bit more diverse with the offerings.

Hope this one could help you @scaredycatguide.

I just came across an add-in for chrome to use with Bittrex. Put the link in my post today. It pulls trading view charts into bittrex. Sooooo much better, prob gonna continue with bittrex now.

Thats sounds really good! Whats the name of the add-in?

uhm just use Bittrex and Kraken, stay in crypto

I´ve never use Kraken @ragetester is better than Bittrex?

Kraken has more crypto/fiat
Bittrex only crypto/crypto
I mostly trade at Bittrex, but withdraw to bank via Kraken

Cool @ragetester , the thing is that yesterday I made an account but I could operate neither find where to validate the Tier.

verifykraken.jpg
pretty straight forward... Get verified button

Thanks! @ragetester