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What is social trading a tradeview explination

What is Social Trading

In the contemporary trading space, the novel buzzword is ‘’Social trading’. And it is rightfully so, as many top analysts within the industry have suggested. The next phase in the evolution of social media is social trading. It’s a relatively new style of trading that uses the Internet’s capability to provide users with quick and continuous access to market information

Unlike technical and fundamental analysis, information is generated by other users in social trading, allowing beginners to execute trades without having to undertake their own assessments. 

In other words, you make financial decisions based on the data and assessments of others. The system allows you to seek or provide assistance to others in your trading space. Providing a never-before-seen social element to trade. It is a democratization of asset management that increases access and lowers costs.

Not only is social trading useful to both new and seasoned traders, but it also helps beginners learn faster.

Related: The Complete Social Trading Guide

Fundamentals of Social Trading

Users can share information with other members of their community in real-time. As one of the method’s fundamental benefits. It allows rookie investors to monitor and then imitate the trades made by professionals. 

This allows rookie traders to see how experienced traders conduct business. The rationale behind their trading decisions, and the trends they watch for. 

As a result, social trading enables newbies to learn quickly through a live setting. Not only that, but it may also allow them to trade with less risk.

It wasn’t uncommon in the past for new traders to lose some money as they were learning how to trade. While many saw these initial losses as the cost of their trading education. Social trading helps to potentially reduce such losses and accelerate one’s trading education.

A Good Example: The Best Teacher

To better comprehend what social trading is all about, imagine receiving relevant information on your investments on your Twitter or Facebook page. 

Let us take a look at a more detailed example:

A colleague of yours did research on a new product that a well-known pharmaceutical company is preparing to introduce. This will almost certainly cause their stock to increase in value. Indicating that the best moment to buy is most likely now. 

Another of your colleagues notifies you that one of their stocks is projected to decline in value. Owing to a political controversy involving another company. 

Because you hold the same stock, this might be a good moment to sell. 

The concept of social trading is based on a few basic tenets: 

–       Everyone should be able to invest in the stock market without having to pay high brokerage fees. 

–       Not everyone has the time to keep track of market movements in real-time. 

–       People should be able to choose what they put their money towards. 

–       Trading may be democratized, and knowledge may be easily shared globally, thanks to advanced social technology.

Based on these concepts, a few online services are allowing the general public to move beyond stock tips and instead profit from the success of some of the world’s most successful traders.

Why Successful Trader Share Their Trades

Imitation is often the sincerest form of flattery in finance, as it is in life. Investors may now share – and imitate – trading ideas easier than ever before.

Thanks to new technology and developments in social trading platforms and the Internet.  

Traders who allow others to imitate their strategies frequently may be compensated. With a small commission, each time copies them, the expert earns more. This is usually built into the technology of the social trading platform. 

This payment isn’t much in and of itself, but when a top trader has thousands of followers, it may add up to a nice monthly bonus. If they can persuade enough individuals to follow their trades. For example, traders may become a signal provider on Tradeview Forex using our Communi-Trader software 

Each trade performed by a live follower account earns signal providers a commission, while Tradeview Markets compensates signal providers based on the number of followers they accumulate.

Types of Social Traders

STP traders can be split into two categories:

Experienced: (also known as trade leaders or signal providers) are seasoned traders who have a track record that can be shown on their profile page. 

These traders perform their own financial analysis, which may be based on technical, and or fundamental analysis of various indicators and data. 

They create and test a trading strategy based on their analysis in order to determine its profitability, and after they identify the best approach, they execute it with their own money.

Investors (also known as trade followers or signal followers) are usually new traders or investors who don’t have enough time to complete their own research and analysis but want to invest their money and acquire exposure to a specific trading strategy or asset class. 

To do so, individuals can use a function called mirror trading to set up their account to automatically duplicate the trading action of Professional traders. 

Furthermore, they have the option of imitating only individual trades rather than the Expert’s whole portfolio. While investors may not have the time or technical skills to develop lucrative trading strategies, they should do their homework on the person they want to emulate. 

When investors entrust experienced traders with managing their funds. They should ensure that she/he has the ability to handle their funds according to their specific investment preferences. It is vital to remember that investors can still use a portion of their funds to perform their own research and trades.

Conclusion

In social trading, sharing information and learning from the best is only the first step. You can eventually imitate and collaborate with other like-minded people in a group for mutual profit. 

You will gain knowledge, trade, meet new friends, and earn money. The possibilities are unlimited when it comes to social trading. It may also considerably reduce the time it takes to progress from being a novice to an advanced trader. 

You’ll be able to make your own trades and even assist newcomers on their way to becoming seasoned traders before you realize it. You’ll learn how to interpret charts, make accurate predictions, and profit from the financial markets. 

However, you must never forget that there are risks. Losses are a part of the process, and if you aren’t watchful, they will infiltrate your everyday routine in a dreadful way. 

Nothing destroys a day like losing enough money to entirely wipe out the previous day’s gains. To ensure that this does not happen, you will need to learn a number of skills to improve your asset management. Fortunately for you, there is an entire community on TradeGATEHub you can learn from and rely on for information and ideas.

Many people who are interested in learning how to trade look for the best ways to learn how to trade. Learning how to trade for free is a challenge itself. This is how to do it

Best Free Ways to Learn How to Trade Online

I tried some of the most popular methods to find the best free ways to learn how to trade online. This is what I learned.

From learning how to cook a recipe to reverse engineering an entire website, the world wide web is full of tutorials, “How-to’s” and paid courses. Trading is no exception. If you’ve shown ANY interest in the matter there’s no doubt that you have been targeted for ads made by ‘gurus’ who say they make thousands a day, live a life of luxury, and tell you that you too can “Make It” with X amount of tips.

The catch is you have to buy their course.

And if you’re like the many others who don’t trust the gurus that sell an idealized lifestyle rather than an actual course. You’re probably looking for either legit instructors, or at least a free course.

And while there are people who are serious about teaching you how to trade, for this article we will talk about the free alternatives. Because you might just want to get an idea of what trading is before you actually take the next step.

And so the process of learning trading online for free begins

Just so you get an idea of the methodology used for the research in this article we focused on some of the basics

Learning how to trade online
  • Quality of learning content
  • The learning process (is there a clear and concise order to the course)
  • Tools provided (if any)

And when possible, we did some digging around to see if any people had previous learning experiences with these free methods.

But which courses did we pick? Well.. we ran a quick google search and looked at some of the top-ranking results, as they are probably what people are clicking on the most. That being said, we will review the following:

  • Baby pips
  • Learning services offered by brokers
  • TradeGATEHub – Social Trading
  • Searching on the internet and applying the “practice makes perfect” mantra
  • The “natural” way – Going off on your own

Before we get knee-deep into the article, keep in mind that you are going to have to learn some of the basics of economics – there is no need to get a degree in that area. You just need to learn the basics, probably to the point where you understand how a country’s economy works if you don’t know already.

Learning about the international market and what makes it move is the first step into trading.

This is usually something that courses won’t offer you, but the good news is that you’re always a few clicks away from discovering all sorts of information (isn’t the internet great?)

Baby Pips

Baby Pips does an amazing job of breaking down their lessons through digestible articles. Fun to read, phrases, and vocabulary that is not rigid.

Beginner users of Baby Pips have described it as useful, highly informative and that their use of humor makes learning fun. However, many who continued with the course – as well as others that had previous learning experiences – state that:

“The oversimplification made some ideas contradictory down the road, as they never really dove deep into the details.”

This brings up the notion that in the beginner lessons simplification is ideal, but as the course advances people should not only be encouraged to look for other learning material to form their own trading ideas but also practice with a demo trading account

What does Baby Pips’ educational content like?

Baby pips has over 300 lessons of which some seem repetitive and put together lazily at times. Some of the people who have taken their courses state that there are spelling/grammar errors. In turn, that makes them question the seriousness of the courses.

They don’t offer any tools for their users so it’s a “read the articles” type of situation.

Although it is a free course and being nitpicky about it might not seem justifiable, it is important to remember that people are looking for quality information.

One of the roughest reviews was “Baby Pips inflates your sense of self-confidence, so you feel ready to trade while doing almost nothing to help you develop an actual trading strategy.”

This brings the question: “Can you learn to trade with baby pips

And the answer is: Sure, you’ll learn a thing or two, especially if you’re starting from 0. But if we take a hard look at what’s being taught. We can say for sure that you won’t necessarily be ready to make profits trading if you take their full course.

OVERALL: Baby Pips is a great starting point. However, there are many things that they cannot teach you, but considering they give you free knowledge it is a great deal.

Learning Services Offered by Brokers

We tested two brokers’ learning services to get a feel of what the industry offered for educational content. The general experience was that most brokers are going to naturally offer their services by talking about them through their content. It’s to be expected, I mean, after all, it’s free content.

Some brokers have quality videos for their educational content. Their first few lessons, however, feel as though they are doing step by step how to create a Demo Account while throwing around some basic forex terms which you can find in a glossary.

To get the most out of these free lessons you should complement what you learn by trading on a demo account meanwhile. At first, you might feel like you are in an abyss from the lack of knowledge, but you will be able to visualize how much you’ve learned. Also learning the terminology will make your life easier when you want to do an accurate ‘How to‘ Google Search.

Are the tools they provide any good?

In most cases, you’ll be prompted to create an account right off the bat. Usually, your new account will come with a Demo. Most Demo accounts will be on the MetaTrader 4 and 5 platforms. If you want to learn the difference check out his article. 

One of the key characteristics to look for in a demo account is the delay time. Some brokers’ Demo accounts replicate real-time market data with a 15-minute delay. So while you will still learn you’re not going to have real-time access to market data. Tradeview Markets offers a free demo account with real-time market data. 

Finally, look to see if they have a community built around their brand. Social trading is one of the strongest tools you can use. More experienced traders are stockpiled with the knowledge that can give you a headstart. Some brokers have built great communities for their traders to be a part of. 

TradeGATEHub is a community for traders. From expert live trading sessions to discussion boards, users get a great look into what professional trading is all about.

Getting a look at their educational content 

There are many brokers whose educational content focuses on technical aspects. And yes, it’s quite important to learn how to read chart patterns, but few offer another important lesson. The psychology behind trading. 

Risks are a part of trading, that’s just true for all experts and beginner traders. For this reason, being carried away by emotion is easy. That’s why a lesson plan including emotional management through psychological tactics is one of the hidden gems you can find.

OVERALL: As with baby pips, you should understand that this type of free learning offers a limited experience. In most cases, it’s a marketing strategy to get more sign-ups. That’s not to say there isn’t some good quality content out there. 

TGH – TradeGATEHub

TradeGATEHub, a community for traders. TradeGATEHub offers a different kind of learning, learning directly from professionals in real-time. With live trading sessions, real-time stock analysis, and expert guest interviews. Your learning experience will be more hands-on. Just make sure you’re also learning the basics and understand the lingo.

TradeGATEHub presents educational content through a more dynamic learning system. Reflection and real-life examples are the key players, and being part of the community is not limited to beginner, intermediate or advanced learners. Anyone with any or zero training experience can benefit from joining the community.

One of the most interesting things about TradeGATEHub is the multiple live streams done every week where experts give their take on the market through their very own analysis. All this while in the comments section traders from different backgrounds share their experiences, their wins, and their losses. 

If you’d like to look at the TradeGATEHub community, the sign-up is free. And you can get instant access to one of the most complete free educational sources out there. 

TRadeGateHub

The Online Community (The Internet)

As of late, I’ve personally taken a liking to the community of Redditors. Sure there are trolls and people who half the time have no idea what they’re talking about. But hey, we all know people like this.

For those who have limited knowledge of the internet, or have never heard of Reddit before. Reddit is a great space where you can find like-minded individuals. So instead of mentioning another course, we decided to see what recommendations the Reddit community had to offer.

What kind of trading knowledge can you gather from the internet?

For the most part, the advice one can get on Reddit is guided towards books and tips on how to learn. You can find anything from recommendations telling people to learn to play poker and blackjack to master emotions, all the way to actual literature intended to teach you about the industry and how trading works.

In addition to being a place of learning, Reddit offers people a guided DIY, which for some is more beneficial.

Even if you do decide to take a course (free or paid) you should always try to learn and do research on your own. No matter how good a course is there are always gaps to fill, and no one – I mean no one – knows everything. So, branching off and exploring your own knowledge is key.

The internet is full of information. Unfortunately, most of it is unfiltered. so you’re going to have to double, triple, maybe even quadruple-check the information you get. But if you take the time to learn you’ll start to come across helpful information and trustworthy sources that will help you out in your trading journey.

Some trustworthy sources that you access include; Bloomberg, CNBC, Barron’s, Market Watch, and The Wall Street Journal. The analysis offered by these outlets is trusted by many professionals around the world. 

The Tools offered on the Internet

The internet has an infinite list of trading tools available. Again, like with the information you gather, you’ll get many recommendations. So it’s all up to you. I personally prefer third-party charts over those offered by MT4 and MT5  and Tradeview’s Live Demo Account. But don’t take my word for it, try out what you think will work best for you and choose on your own.

 There are some pointers that you should keep in mind when looking for trading tools

  • Accuracy – of charts and Demo account. You’ll ideally want to get a demo account that gives you free access to live trading data 
  • Ease of use – you don’t want to overly complicate your life, you just want a Demo account that can help you learn
  • Possibility of creating a real Live account with them – If you want to learn to trade, odds are you are going to open a live account. Choosing a platform to demo should be one that you’d consider doing business with.
practice makes perfect

Life – Making mistakes on your own, the ultimate learning experience.

They say that life gives you the ultimate learning experience. And with trading, there’s no doubt about that. You can spend all your days taking courses and practicing on a Demo Account. Once you get out there the real learning begins.

No matter how you choose to trade you will make a mistake or two, and that’s ok. If you are not risking more than you can afford to lose, mistakes – like in life – are just a part of trading.

Anytime you want to get started looking into a trading strategy make sure you’re not “trigger happy”. Educate yourself, learn to predict the markets, get your hands on a Demo Account. Mistakes on a demo account are free, unlike in real life.

OVERALL: Some people are self-starters; they pave their own way in life and that includes learning. Joining forums like Reddit that host communities is a pretty good idea in general, it gives you an idea of what others are thinking about and maybe you’ll get a different POV on certain events. However, if you want to learn how to trade on forums, you must be careful because you will most likely get a world of contradicting answers. No 2 people think the same so just keep that in mind when you look for others’ experiences. This takes us to my last thoughts.

Last thoughts

As much as I would have loved (sarcasm intended) to try and review every single free trading course the internet has to offer, I simply cannot. This review is a small sample size of all the ways you can learn to trade online for free. One main lesson is that trading isn’t the same for everyone, therefore learning to trade isn’t the same for everyone. You can purchase a course or go about learning on your own as long as you make sure you’re taught the basic and most important elements of trading:

  • What the market is and how it reacts to current events.
  • In basic Macroeconomics, you need to understand how a given country’s economy works.
  • Fundamental vs Technical Analysis
  • Reading charts will help you make price predictions
  • How to manage your emotions, this really can’t be taught but you can certainly receive tips on how to manage them and some exercises to practice.

Conclusion:

You should always look to enjoy what you do. Many get caught up with emotions while trading. People starting out tend to be too eager to plan for the long haul. Learn from your mistakes and learn continuously. Trading isn’t a get-rich-quick scheme so look for a way to enjoy the process.

Tradeview Editorial

Top 4 Tips to Trade Stocks from Home During Covid

As with many other aspects of life, the Coronavirus pandemic challenged the normality of the day-to-day lives of many professionals. This includes brokers and online traders, that’s why these tips to trade stocks from home are just what you needed.

The boredom of many forced them to turn to new hobbies, challenges, and even ways to make money. Since — for a moment during 2020 — unemployment is calculated to have reached 16% in the U.S alone.

So what did people do during the lockdowns, quarantines, and overall uncertainty?

From exercising to making TikToks, people found ways to distract themselves from the monotony. In some cases, they began Trading. In fact, during the first quarter of 2020. Trading volumes spiked far beyond 2019 numbers and online brokers saw a huge rise in business.  

But these businesses aren’t the only witnesses to the growth in trading. The average daily volume has seen a massive rise. In the following report by Piper Sandler, we can see how the volume in equity trading rose significantly.

Equities: Average daily volume
  • 2019: 7 billion
  • 2020: 10.9 billion
  • 2021 so far: 14.7 billion

Who Is Trading?

Many experts theorize that people started day trading to try to make up for lost income during the pandemic. Although financial advisors are insistent against doing so, people are willing to deal with the risks. 

But who are the risk-takers that are responsible for some of the biggest news in trading like the GameStop (GME) stock short squeeze, or Dogecoin’s rise in popularity?

The digital generation (or the generations impacted mostly by the digital age) made up mostly of the likes of Millennials, and Gen Z. Have fortified their use of digital tools in part to the pandemic. So it’s no surprise that communities like Wall Street Bets would come to host a large portion of traders that fall into these age groups.

As we know from the news Wall Street Bets is given the credit for the impressive rally of GME. As well as a look into what is now known as the ‘Meme Stocks’ movement. 

The Future of Trading From Home

Man trading stocks from his computer at home

There are many people involved in the stock market today. The creation of trading apps has enriched the capacity for the average Joe to participate in small trades. As a whole we can see what the masses can accomplish. Yet, not many actually know how the stock market works, nor truly comprehend the risk of trading.

These high volumes of trading that we’ve seen in the past two years have brought about some situations where average people have cashed out, but also where some have have experience losses. 

That being said it’s important to take into account some of the risks and opportunities involved with trading from home. Seeing as how there seems to be no sign that this growth in everyday traders will slow down any time soon. We can only expect this trend to keep rising and possibly staying.

Tips for Trading from Home During Covid-19

The first thing you want to do if you’re trading from home is to decide WHAT assets you’d like to trade.

One of your first instincts might be to dabble into a little bit of everything (Stocks, Crypto, Forex), and some financial advisors would actually advise keeping a diverse portfolio.

However, you should become an expert in the asset you’re trading. The industry, and keep up with the latest news from around the world that can affect your trades. It’s far too easy to want to do everything, catch the Fear Of Missing Out and make mistakes by overpaying for assets or picking entry points that are too high.

That’s why in this article, we will give some of the best tips for trading. From managing fear to analyzing risk. We will cover some of the most helpful do’s, don’ts, and examples of the basics before you make your first trades online

Tip 1: Choosing An Asset

Just as mentioned above, choosing the asset you want to trade is quite important and should align with your goals. Whether you want to trade trends occasionally, day trade regularly, or invest for the future (Investing vs trading) you’re going to choose different asset classes to trade. 

So the first question you should be able to answer is “What are my goals?”

If you’re thinking about short-term trades that pull a nice profit, you’re probably going to be interested in a more volatile assets. Whereas if you wanted to build over time, you’d look at a more stable choice.

Writing down what your long and short-term goals look like will help you make your decision and map out you’re trading plans.

Choosing Crypto:

Trading Stock markets from home  including bitcoin

Cryptocurrency has been a very attractive, newsworthy asset. For people who are just now starting to trade, the hype alone might be enough to get them into trading crypto. The technology (blockchain) and its use, is one of the main reasons why so many investors look to crypto as the next big thing

However, seeing the popularity of Dogecoin — an alt-coin with the purpose of making fun of other alt-coins through a popular meme. Has shed light on a new age of investing where opinions are divided on the matter.

But the fact of the matter is that if you want to trade crypto it’s a great idea to look for coins with stable growth. Many are very new and should be just starting to experience the growth stage. So you should be able to go back to their history and see just that.

If you choose to trade crypto keep an eye out for news that involves the big names in the industry. Bitcoin is the original and most popular cryptocurrency. Ethereum is very popular and is developing many more uses with its blockchain technology. Alt-coins are competing for attention and their uses can too be applied to other areas. 

Choosing Stocks:

Trading Stock markets from home rise once again

Stocks give traders options. Day traders look for specific patterns within volatile stocks that can turn a profit by buying and selling in key moments. While long-term investors looking to diversify a portfolio with multiple companies that have promising value into the future and a history of stable growth. 

When trading stocks you have the possibility to choose from trading; a couple of stocks, an index fund, an exchange traded fund, and other types of funds. Each has its own set of benefits and risks.

When you decide to trade stocks, not only do you have to choose how to trade them, but also choose stocks from a specific industry so that it’s easier to keep up with news from what’s going on.  

And it never goes without saying that it’s always wise to check out some stock trading tips and educate yourself before placing trades.

Trade Stocks With Tradeview, Get Access to U.S equity through Our MT5 Platform

Choosing Forex:

Forex is the largest financial market in the world. This makes it especially liquid and easy to trade, yet quite volatile. The immense volume of forex trading in a day causes rapid price fluctuations.

Like stocks, forex is dependent on domestic politics. So it’s important to keep up to date with political, social, and economic events. 

When it comes to deciding what to trade, there is no wrong or right answer. It all comes down to your personal preferences and your view on risk. Just make sure you’re comfortable and never risk more than what you can afford to lose.

Tip 2: Choosing a Trading Platform

Choosing a platform is like choosing a spouse or a business partner, you should think long-term. That being said, after choosing your preferred asset to trade. Your next step is to look for the right platform to trade what and how you want. 

Keep an eye out for trading fees and commissions, learning solutions, as well as reviews about the customer service. Making sure you’re with the right broker and the right platform can make or break your experience. Not all platforms are built the same. There are some that have features that will be more useful to you than others.

As easy as it sounds, it’s always a good idea to keep a checklist of the features that each platform that holds your interest has. Compare them against each other and decide what’s best for you.

Tip 3: Master Your Emotions

It’s easy to get carried away with emotions when you’re risking money. It’s hard to see a trade objectively because of this. It’s a mix of fear and ambition that can hurt our trade. If you let your emotions rule you, your chances of success drop significantly.

The fact that we’ve talked about developing a trader’s mentality and mastering emotions before just goes to show how important it is. 

Learning to manage your fears and control your ambition is imperative for trading. You don’t want to stay in a trade longer than you have to, and you don’t definitely don’t want to make rash decisions because you have the fear of missing out or the fear that the worst-case scenario will occur.

Covid-19 has had a huge psychological impact on people. In some cases, it has worsened symptoms of anxiety and obsessive-compulsive disorders. The case in point is that adding the impact of being locked into what already is an activity where emotions are flying high can be a recipe for disaster.

The stressors might be too much for some people to handle, but it’s the reality of trading. However, in most cases, you can fend off the effects of being lock-in through 

Although easier said than done; there are a few techniques that you can use to control your emotions when executing a trade.

  • Think of it as a point-based game (by using pips)
  • Become confident in what you’ve learned (assuming you took the time to educate yourself) and know when it’s time to pull out of a trade
  • Stick to your plan 
  • HAVE a plan
  • Don’t risk more money than you can afford to lose

Tip 4: Have a Plan

Like every other important decision in life, you should make goal-oriented plans. Trading can be a fun learning experience, but it can also cost you a lot of money. Besides making sure you’re not risking more than you can afford to lose, having a plan can save you a lot of headaches down the road.

Creating and Executing a trading plan is the most important thing you can do. The most important tip we can offer is to have a demo account to practice your trading strategy. Making mistakes and trying new things with a Demo account gives you a sense of peace knowing that you’re not actually risking your own money.

When you’re creating a trading plan the most important thing you’re going to want to get down is your entry strategy and your exit strategy. There are plenty of tips for trading from home, but these are going to let you know when it’s time to enter and exit your trades. So you make money or cut your losses at the best time.

Tradeview Editorial

How to buy stocks through online trading

How to Buy Stocks Online and The Benefits of Online Trading

Online trading beginners in the stock market, especially those who are not fortunate to have a mentor to guide them. Are always faced with the question of how to even start to trade. The numerous questions in the mind of how to go about trading.

The anxiety of trying to pick the winning stocks. This will only add to the feeling of trepidation for many rookie investors, young or old. We hope that this article will help to guide the beginner in getting a real start into the exciting world of stock trading and investing.

It may seem daunting at first, but buying stocks is quite a straightforward activity. Here are four steps to set the beginner investor on the right path:

 1. Select an online stockbroker

The easiest way to buy stocks is through an online stockbroker. After opening and funding the account, the investor can buy stocks through the broker’s app, platform or website in a matter of minutes.

Opening an online trading account is probably easier than setting up a bank account.

Opening an online brokerage account is probably easier than setting up a bank account. To open an account the investor completes an online account application. Provides proof of identification and residence and some other personal information. After approval, the account is open. The investor funds the account by transferring funds to the broker to credit to the trading account.

There are several important considerations for beginner investors in choosing a broker. An easy-to-use website and trading platform are crucial to success. Next, low costs will ensure that you are maximizing your investment each time you buy shares. Finally, a robust set of trading and research tools will help you find the best stocks to buy.

2. Research the stocks to buy

After funding and setting up a trading account, it is time to dive into the business of picking stocks.

Related: Choose the best stocks for beginners

A good place to start is by researching companies that you know from your experience as a consumer. While conducting research, it is best not to let the deluge of data and real-time market gyrations overwhelm your judgment process.

Keep the objective simple. Which is that the investor is looking for companies of which he or she wants to become a part-owner.

The legendary investor Warren Buffett famously said:

“Buy into a company because you want to own it, not because you want the stock to go up.”

Once you have identified some companies, it is time to do some additional research. Start with the company’s annual report — specifically management’s annual letter to shareholders. The letter will provide a general overview of what is happening with the business and provide context for the numbers in the report.

After that, most of the information and analytical tools needed to evaluate the business are available online.  Examples of information to consider are SEC (regulatory) filings, conference call transcripts, quarterly earnings updates, and recent news.

Most online brokers also provide tutorials on how to use analytical tools and even basic seminars on how to pick stocks. Some brokers will go to the extent of providing their clients a full information portal complete with a quality news feed as well as educational webinars conducted by trading experts and analysts. A fine example of such a portal is: www.TradeGATEHub.com

3. Decide on the Number of Shares to Buy

The investor should absolutely not feel any pressure to buy a certain number of shares or fill their entire portfolio with stock all at once. Consider starting small — really small — by purchasing just a single share to get a feel for what it is like to own individual stocks and whether there is an ability to ride through the rough patches with minimal loss of sleep. Positions can always be added on over time as confidence and experience grow.

 4. Optimize the stock portfolio

Although investing can be a pleasant experience. The market will of course be turbulent at times. This may mean that the stocks an investor or trader purchased are not performing.

But when things turn difficult, remember that every investor — even Warren Buffett — goes through rough patches. The key to coming out ahead in the long term is to keep the perspective.

The beginner investor should always remember that diversification can mitigate market volatility. But it’ll never truly go away.

Things that we should have control over, are our emotions (sometimes). When trading, for risk management, and management of investment cash. These are important aspects of investment management, which when mastered will probably result in a very successful investing career.                                                                                                                                           

Online Trading Platforms and Their Benefits

Online trading is the buying and selling of financial products on an online trading platform. Apart from shares, other examples of online investment products are:

Currency (forex) pairs, bonds, options, and futures.

Trading platforms are normally provided by brokers for their clients to trade on the market. From any location with internet connectivity. Online trading offers a number of benefits, such as the following:

Online trading is convenient

An online trading account can be opened anywhere in the world. The investor is not bound by time and place as long as there is an internet connection.

Hence, online trading is convenient and accessible from anywhere with no hassle. Investors feel safe trading from home, as opposed to having to go to the broker’s premises. 

Online trading is cheaper

The brokerage charges for online trading are much lower compared to the traditional telephone method.

This is because there is no longer the need (to pay) for somebody on the other side of the telephone to take and execute the orders. Therefore, the broker’s overhead costs are much lower, enabling it to charge its customers much less.

At any time, investments can be monitored

Online trading allows investors to buy or sell shares at their convenience. It offers advanced interfaces and the ability for investors to see how their portfolio is performing throughout the day. Calculations on gains or losses are displayed in real-time.

The investor has greater control

Online traders can trade whenever they wish to, as long as the markets are open. On the other hand in traditional trading. An investor is stuck until he or she contacts their broker. Or when the broker is able to place their order. Online trades are instant and confirmed on the spot. Thus eliminating the need to wait for manual confirmation and paper statements.

In conclusion, this is the best time for any beginner to take up online trading. Because technology has enabled the learning process to be much more efficient. Resulting in massive savings in time and money.  

Jin Yau

Country Manager
jyau@tvmarkets.com

The best stocks to trade as a beginner

Best Stocks for Beginners

From Disney to Apple, we present our point of view for the best stocks for beginners investors to buy.

Just over a year ago, the S&P 500, which is the benchmark index for US stocks. Reached a low point of 2,237 mainly due to Covid-19 but roared back to levels above 4,200 recently.

In other words, the share price of the 500 largest US companies increased more than 80% in the last 12 months. All this despite the Coronavirus still not being under effective control. 

Many equity fund managers and retail investors have been able to reap profits from this impressive run in the stock market. However, for beginners who are only now deciding to go into the stock market. The questions which are probably foremost in their minds are:

  • Has the stock market peaked?
  • Should I wait or should I proceed with investing just in case the stock market continues to shoot up?

The answer may be surprising, but according to experienced investors, it is ALWAYS a good time to invest.

This is because, in the long run, money invested in the stock market is likely to result in profits. In fact, the stock market has been going up consistently in the long run for decades

Although there may have been bear markets and periods of price consolidation which have lasted several years but each and every time the market has recovered and gone on to go higher. 

Important Factors to keep in Mind for Beginner Investors

Have a long term view: Even if the prices come down over an extended period of time, history has shown that the market will recover eventually.

Invest consistently 

An important aspect for considering the best stocks for beginners is to Leverage the power of compounding. Long-term, regular investments into the stock market, irrespective of its level will result in compounding returns. 

However, investing in the stock market can still be daunting for beginner investors, especially when losses are incurred at the very beginning of their investing venture. There is always the risk of losing money. However, if beginner investors invest consistently and persist in the long-term, they will most likely make a profit.

Related: Everything You Need to Know Before Trading Stocks on MT5

That means: Initially do not try to time the market 

The reason why investors looking for the best stocks for beginners should not try to time the market is that it is very difficult to predict. Even the most experienced and knowledgeable investors have to work hard to predict the stock market in the short term with accuracy and consistency.

Even then they will not always be right.  Investors have to accept the fact that it takes time and practice to develop the skills needed.

From identifying securities that may perform well over the long run to reacting positively to a short-term catalyst.  Anyone that says they know exactly how the stock market will perform tomorrow or the next day. Is leading you astray.

Although it is difficult to predict the stock market at first. It is useful to try to understand the nature of stocks and have an understanding of why stock prices would go up or down.

A big determinant of stock prices is the expected future earnings of the company. Therefore, an investment into the stock of a company is an investment into the future prospects of that company. 

Beginner investors should do research on and make a list of companies with business models they are able to understand. And have a good earnings track record and future potential.

For example:

This is not advice to buy or sell an investment, Apple (AAPL) or Amazon (AMZN) would likely be included in the list because both of these stocks are relatively straightforward investments.

Their businesses are mature and these companies provide the services which many investors would use themselves. The earnings of these companies are therefore visible and the historically competent management of the company and its businesses is probably going to continue.

As beginner investors gain more experience and knowledge of the markets, they might start to consider going into more speculative stocks which have higher potential returns but of course carry higher risk.

Stocks such as Tesla (TSLA) and Netflix (NFLX) have had very strong price growth of late, as have some other tech companies as these are considered to be stocks of companies that are very likely to experience high growth in the future.

Penny Stocks – a Word of Caution

In the quest for potential value and the best stocks for beginners, they inevitably stumble upon penny stocks. Penny stocks typically refer to stocks of small companies that trade for $5 or less. Some investors like to invest in penny stocks as they offer tremendous potential for growth, these stocks normally are highly speculative at best and may not even trade on recognized exchanges.

While these penny stocks may look cheap at 10 to 20 cents a share or less. A small company with a shaky track record can disappear overnight. Effectively wiping out all of the gains achieved in your portfolio as a whole.

Although 5,000 shares at $0.20 each can be bought with just  $1,000. It doesn’t mean this is better value than purchasing 15 to 20 shares of a stock priced at $60. What matters when it comes to making money in the stock market is not how many shares you own. It’s how much each share increases in value over time.

Best Tips for Beginner Investors

The best tip you can get as a beginner investor is to do your due diligence regarding Best Stocks for Beginner Investors. If you want to get into the investment business. Just like with any business, do your research, and seek advice from experts.

Open an account with an investment broker that gives you personalized service and is truly invested in helping you succeed.

There are plenty of options out there to open an account and start investing. However, as a beginner. It might be a good idea to open a demo account and get some practice and experience.

You can get into a social trading so that you can learn from experienced investors as you see their real moves and tactics.  TradeGATEHub sponsored by Tradeview Markets is a great starting point for news and information on the trading world.

Remember, the best way to learn to trade is by opening up a demo account and play around with the Best Stocks for Beginner Investors.

Jin Yau

Country Manager
jyau@tvmarkets.com

The ever growing poppularity of stck trading has brokers like Tradeview expanding their offer to meet their clients' needs

Why Stocks Are Now the Traders Choice

FX has long been the most popular trading product for novice and professional traders alike. Due to its low cost of entry, high margin availability, 24-hour market open. The ease of use on widely known platforms such as MT4. 

It has been the bread and butter of online brokers worldwide for over two decades. It has also been relatively easy to gain liquidity, but clients are stating this alone is not enough.  

Cast your mind back to the old British pubs where beer was the mainstay. Your best option of a meal there was a packet of pork scratchings. Then times changed, people wanted to eat as well as a drink so pubs added bar menu.

Pubs even made space for those wanting to sit and eat rather than drink. This kept them moving with the times and giving customers what they wanted. Online brokers offering just FX are the pubs of yesteryear and clients require more when choosing a broker.  

Indices and Commodities are still highly sought after but the growth market is stocks and here’s why:  

Technology has made information more freely available than ever before in our lifetime. With it has come to an array of blogs, social media experts, and readily viewable earnings and analysis on almost any listed company around the world.  This used to be limited to those institutional traders with a Bloomberg or Reuters terminal but not any longer.  

If you pair this with the ESMA leverage limitations on complex products (FX and Indices being limited from 200/400:1 down to 10/30:1).

Then the 5:1 leverage on stocks suddenly seems much more viable. Especially with the increased volatility in the markets, which is what every trader wants.  

Traders also want to feel part of a movement, especially so in this social media-driven environment so it’s almost a status symbol to say they own Tesla stock from last year or to have a stock portfolio when the news is full of stories of all-time highs in the stock market.

Traders also want to feel part of a movement, especially so in this social media-driven environment. So it’s almost a status symbol to say they own Tesla stock from last year. As well as have a stock portfolio, when the news is full of stories of all-time highs in the stock market.  

Related: The Complete Social Trading Guide

With this in mind, traders don’t really want to trade a CFD of stock. It’s not like having the real thing. It’s like renting a car rather than owning it, it just doesn’t quite feel right. 

They [the traders] want the option to listen in on the company’s AGM and cast their vote when required. Feel part of the companies they invest in, and even take dividends.  

Some brokers have started offering Shares but as CFDs. Few offer real shares.  

Tradeview is one of those few.

Tradeable on the world’s most widely used trading platforms via Metaquotes. With MT5 you can trade and hold your stock portfolio whilst simultaneously having the option of hedging positions using Indices or Commodities on the same platform. And you can trade on the move with Tradeview’s MT5 mobile app.

Bank of America recently quoted that. “global investors have put more money into stocks in the last 5 months than in the previous 12 years combined”. And inflows have proven this so now there is an easy option to take part in the stock market with a straightforward trading platform at an extremely competitive price.  

To find out more please click here to download a demo or live account and see for yourself  https://www.tvmarkets.com/en/ 

Adam Saward

Head of UK Business Development
asaward@tvmarkets.com

How to trade Forex with tradeview, chose from three account types

How to Trade Forex With Tradeview

The foreign exchange (forex) market is the largest financial market in the world. With a daily volume of 6.6 Trillion dollars, it surpasses the stock market, Crypto market, and the total amount of money in circulation in the United States. This may sound very exciting for someone that’s looking to earn some extra cash, or even thinking about making a living from trading

But the reality of trading can be difficult. It is estimated that 90% of traders LOSE money in the early stages of their trading experience. That’s different from what people usually hear, especially with all the online hype where people show a lavish lifestyle to sell courses that promise users they can “live it up” by making loads of money only working a few hours a day.

OPEN A DEMO ACCOUNT NOW AND LEARN TO TRADE WITH REAL-LIFE DATA

Requirements to Start Trading Forex (Opening a Live account).

First thing first, you have to choose a broker. In order to make this decision, you’ll have to check the broker’s regulation, evaluate how competitive their spreads are, as well as what trading platforms they use.

Once you have decided which broker is best for your needs,  you’ll need to fill out a form with your information. If you’re opening up an account with Tradeview you’ll need:

  • Primary Account Holder Information
    • Name
    • Passport
    • Country of Residence
  • Declaration of U.S. Citizenship or U.S. Residence for Tax purposes
  • Tax identification number
  • Employment Information
  • Net Worth
  • Annual Income
  • Source of Wealth
  • As well as list any trading experience you’ve had in the past

Here’s a video to make it even easier for you.

The Forex Industry

At this point, you might be thinking “Why does a forex broker need all my personal information?”. And the short answer is this: to comply with regulatory requirements.

The regulations on the industry are in place to protect account holders and brokers alike. There are different regulators around the world, each with its own set of rules. Tradeview Markets is licensed by different regulators in multiple jurisdictions such as:

  • Tradeview Ltd. –  Is licensed to carry on Securities Investment Business and is regulated by the Cayman Islands Monetary Authority (CIMA) as a Full Securities Broker-Dealer
  • Tradeview Europe Ltd. – Is licensed as a Category 2 Investment Service Company and is regulated by the Malta Financial Services Authority (MFSA).
  • Tradeview Asia Ltd. – Is licensed and regulated by the Labuan Financial Services Authority (FSA) .

Types of Trading Accounts

There are many types of accounts. The benefits that they offer can differ from broker to broker. The standard trading account typically gives the user access to standard lots of currency each worth $100,000.

That does not mean that $100,000 of capital is needed in order to trade.

Margin and leverage are used in forex trading for example at 100:1. That means that only $1,000 needs to be in the margin account for each standard lot that is traded.

Tradeview offers 3 account types; individual, joint, and corporate accounts. Each account can be opened either with access to the Innovative Liquidity Connector or an X Leverage Account.

OPEN YOUR ACCOUNT NOW

Forex Trading conditions in Tradeview Markets

Getting Started Trading Forex

The last steps in setting up your new forex trading account; once you have filled out all forms and submitted them to your broker, includes sending additional documents to verify your identity. Tradeview asks for proof of identity such as a government-issued ID and a utility bill to verify your address.

Once your account is verified and set up you can fund your account and begin trading. Just remember that trading forex has some risks and unlike what you might think, trading forex should be a little boring.

Make sure you never invest more than you can afford to lose, try to keep your emotions in check, and enjoy the experience of learning something new. If you’re a person who enjoys learning, educating yourself on how to trade can definitely be a great way to challenge yourself and try and make some money.

Forex surely has its challenges, that’s why many beginner traders opt to learn through demo accounts, that give you access to the forex market without having to actually risk hard-earned money. The process of opening a demo account is also simple and can be done in just a few minutes.

Opening a Demo Account

As mentioned beforehand, opening a demo account is a great way to start learning how to trade forex without actually putting your money at risk. Many brokers offer clients the ability to trade on their platforms through a demo account at no cost.

To open a demo account with Tradeview, all you need is to choose your platform, provide your name, and email address so that you can receive the demo software along with login credentials so you can start practicing your forex trading strategy.

OPEN A DEMO ACCOUNT NOW AND LEARN TO TRADE WITH REAL-LIFE DATA

You can go about learning to trade forex one of two ways. Self-education by reviewing videos on youtube, internet research or accessing any of the other myriad sources of information about the industry. 

There are also forums and groups you may join that cover  the industry, or you can use one of the learning services that brokers offer for free. Some people prefer to have an organized course to teach them step-by-step how to trade forex, while others would rather learn on their own, while many choose to combine elements of both.

It all comes down to you, just make sure you’re constantly learning, researching, and enjoying the process because as said before, trading forex is not a get-rich-quick scheme. There are many industry professionals that spend years developing their own strategy and even then occasionally lose.

Opening a Real (or Live) Account

Once you decide to open a Live account the process would be as follows:

So let’s suppose you did some digging around and after comparing brokers and the benefits they offer you decide on opening up an individual Live account with Tradeview Markets.

OPEN YOUR ACCOUNT NOW

The first step you will take will be heading over to tradeviewforex.com once there, you will have the options to choose between an Individual, Joint, or Corporate Account. 

Step 2: while filling out the application make sure you have all the necessary documents that we listed above to ensure that your account may be approved promptly. While filling out the application you will be asked to choose which platform you want to use. Only Tradeview users get access to the Innovative Liquidity Connector (benefits are listed in the table above).

Step 3: Once you have completed your application our team will review your documents and will contact you if any additional information is required. Once your application has been approved you will be able to fund your account and begin trading. 

Tradeview Editorial

Tradeview Analysis of Buying the dip with examples from Tesla and EVLO

Trading Lingo: ‘Buying the Dip’

Ever heard of “buying the dip”? In trading lingo, this means buying an asset after its value has fallen. The presumption is that the current lower price represents a bargain because the ‘dip’ is just a temporary blip and the asset will rebound and rise in value over time.

Tesla is a great example of one of the trendy stocks that recently suffered a dramatic correction after a 2020 rally–with the electric car maker’s shares on Monday, recorded losses of a third of its value for the third time in a year. The general sentiment amongst investors on Tuesday open is an opportunity presented to investors to buy the stock cheap – buying the dip.

Related: GameStop & Tesla: A famous investor looks for his new Big Short

Buying the dip on tesla gave many a desired profit
Tesla Stock Price – Source: Yahoo! Finance

This is my favourite long-term approach and I will be examining the three parameters that is generally used by top traders to grow small trading accounts.

According to data from Tradeview copy trade algorithm, most top traders prefer to buy the morning panic, buying the dip, or buying the bounce. These terms are all for the same technical trading idea. It’s one of the oldest trading strategies ever devised and that is because this approach gives you a greater chance of profiting from the trade and a higher return on risk. Whether you have a small account and can’t short, if you’re unable to short, or are part-time trading when working full-time and only having time for the first hour of the market open, this will be the ideal approach for you.

Parabolic Daily Chart:

According to internal surveys carried out within Tradeview Copy trade system, when looking for a stock dips to buy, most top traders want to see a parabolic daily chart to the upside, and not just any daily chart.

For a good example of what a parabolic upside daily chart looks like, see the chart below:

Parabolic daily chart as part of 'buying the dip' strategy
EVLO – Parabolic move

In the chart example above, EVLO was going straight up from mid-December 2020 to the end of January 2021, according to the daily candles. That’s a total of five weeks in a row. Although there were a few red days, it rallied for 11 days straight towards the end.

This type of chart setup, or pattern, is generally called parabolic daily chart. When a chart is set up like this, it indicates that there is a lot of emotional and greedy buying from traders. This is on top of large funds and investors pouring money into EVLO after JMP securities-initiated coverage on the stock with an outperform rating and announced a price target of $27 per share in mid-November.

So, while knowing the news and seeing the nice daily breakout are great, you do not want to be a bag-holding breakout buyer. Don’t buy breakouts, particularly in low-float penny stocks, as we’ve seen recently with stocks like HMHC.

High of the day fake out - parabolic daily chart

A lot of the time, these breakouts end up being a ruse. These floats will sometimes pop for 10 cents and then dump 30, 50 cents.

Yes, you could make money by buying breakouts. However, in most cases, the risk is not worth it.

That doesn’t seem like a good idea to our most profitable stock traders, particularly when you’re trying to build a small trading account.

During the survey, we found out that 80% of our most profitable stock traders prefer to buy the dips at the support levels on stocks with a solid parabolic daily chart, like EVLO. Now you must be wondering how exactly do they find that strong support levels to buy the bounce? This question brings us to the second criteria.

Draw Daily Support/Resistance Levels

The second criteria is to draw support/resistance levels on the daily chart. You can’t just buy any support/resistance level; the best levels are almost always going to show on the daily chart.

Draw Daily Support/Resistance Levels

So, using EVLO as an example of a parabolic daily chart, the resistance level on the daily chart is around 9.75. That’s a line of resistance dating back to the beginning of February 2019, and then in December 2020, this resistance was broken. As a result, when a resistance line is broken, it becomes support and vice versa.

As seen in the chart, EVLO broke the previous high of 9.75 early in December and rallied to a new high of 19.80. After reaching new highs, the stock began to fall and dipped to this level of 9.70. That is the dip most top stock traders look for.

NOTE: These daily levels of support and resistance are never the same to the cent. They represent a broad range of supply and demand.

High Short Interest

Remember the first criterion for this setup is the parabolic daily chart? When a stock goes parabolic, it means that it has rallied for a couple of days with no big pullback.

At the same time, if a stock rallies up to the moon, there are still funds and individuals who try to short it. And, indeed, a chart that looks like EVLO is theoretically extended and should be selling off.

The high short interest is number of shares outstanding that are actually sold short and must be bought back to cover the position. Short interest in a stock may be expressed as a percentage of total shares outstanding or as an amount. A short interest number indicates how many shares of a stock are actually short, while a short interest percentage indicates what percentage of all outstanding shares are still short.

The reason why a high short interest is beneficial to a long trader looking to buy the morning bounce is because you know whoever is heavily shorting these stocks will look to buy to cover. Short sellers buying to cover their positions, as well as new investors coming in to buy the stock at a lower price and bring in the kind of volume that you can take advantage of for a potential upside to a retest of the highs.

How to Check Short Percentage

The most up-to-date information about trade ideas can be found on Stock screener/scanner to show the morning’s short interest, mid-day momentum scanners, distance scanners and It’s even visible in the stock details.

 The following are some key guidelines according to Tradeview copy trade research:

  • Short interest of less than 10% indicates bullish sentiment.
  • When short interest exceeds 10%, bearish sentiment starts to emerge.
  • When short interest exceeds 20%, strong bearish sentiment emerges.
  • When short interest exceeds 30%, it may indicate that the bearish price cycle is nearing the end.
  • Short sellers can be exposed to the risks of a short squeeze or a temporary “dead cat bounce” if short interest exceeds 40%.

Key Takeaways

Higher success rate
Better Risk/Reward
Suitable for small accounts

Conclusion

This buy-the-dip strategy, as well as overnight swing strategy are the two main strategies our best performing traders deploy to develop small accounts. Patience is important in all of these setups, as is being okay with not trading if the setup isn’t perfect. Finding a stock that meets all three requirements won’t happen every day

Bankole Fadimiluyi

Business Development
bfadimiluyi@tvmarkets.com

Metatrader 4, a User Friendly Platform for your Benefit in the Market

Metatrader 4 also known as MT4 is an electronic trading platform that allows you to use automated programs for online trading in Forex, contract for differences, and future makers. It was released in 2005 and since then is widely used by online foreign traders.

Metatrader 4 will provide you with tools and resources that allow you to analyze prices, places, managed trades, and employ automated trading techniques. All orders placed on the platform will be filled at the best available rate; this rate could be the rate you click on or a substantial number of pips away. Keep in mind that is no certainty of the price and the price received is determined by the multiple financial institutions.

MetaTrader software from tradeview

The Metatrader 4 client terminal is supplied with MetaQuotes language 4 integrated development environments, this environment consists of the following parts: Metatrader 4 terminal, MetaQuotes Language 4, MetaEditor, and Strategy Tester.  With these tools, you use the developments of other programmers.

With the below tools, you can design your own expert Advisors, or also you can use the developments of other programmers. Once an expert is compiled, it shows up in the client terminal where it can be tested if you prefer to give it a try before you get it running right away.

Metatrader 4 combines a user-friendly, accessible interface with a wide range of various functions

you will be able to efficiently manage the set-up of trader´s financial instruments, data feeders, databases, among others. Nowadays, Metatrader 4 is one of the most powerful trading platforms, the server is capable of processing dozens of different financial instruments.

Related: Metatrader tips

Related: MT4 VS MT5

“Metatrader 4 has become a market standard, as it is the most trustworthy platform available and with its advanced features”

Traders need to be able to keep up with their accounts when they don’t have access to a desktop computer, now traders can use mobile terminals in daily activities which offer a convenient possibility and an indispensable working tool to monitor accounts anytime, anywhere.

Metatrader 4 has become a market standard, as it is the most trustworthy platform available and with its advanced features it’s a great option for new and experienced Forex traders. It’s a simple terminal that once is installed is ready to use; you just need to type some of your personal information to start trading.

Get the best client terminal in the market, its popularity proves that it has unique advantages, successful features and it gives excellent service to clients.

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What to Consider Before Committing to Trading Full Time

Trading full time is an exciting thought to consider. For profitable traders the thought of quitting their job and moving into full time trading as a career is very common. We delve into what you should consider as a trader before making a decision to trade full time.

Becoming a full time trader

Becoming a full time trader offers the benefit of being your own boss, working your own hours and doing whatever you want. Sure, it is an exciting thought. However, trading full time is a job, and should be considered as such.

The only difference between trading as a job, is that the risks are a lot higher for traders. Becoming a successful trader full time is not a common practice, in fact it is extremely difficult to become a long-term full-time trader. Let’s be honest, if it was that easy, everyone would be doing it.

So, before you decide to quit everything, and go all-in with trading full time, be sure to check that you are in fact a successful trader, with a proven track record ideally exceeding one year.

Consider the fact if you are profitable trading part time, then why change something that works for you? Trading full time comes with an added responsibility of feeling pressured to trade and manage your own time which requires unique discipline.

Special breed of mental fortitude

Full time trading takes a special breed of mental fortitude. You need to consider that not every day will be a good day. Do you revenge-trade when suffering a sizable loss? All these factors will play a part in your trading, especially when trading full time.

Trading full time sounds great, you are ready to jump into the deep end and become your own boss trading full time. However, you need a reasonable amount of risk capital, $1000 simply won’t cut it. Remember this is a full time job. You need adequate capital to ensure you can cover your risk appetite, cover potential losses and prevent blowing your account.

Trading full time is often glamourized by social media personalities who tell you trading full time is easy and you can make $1,000 per day. These people should not be trusted, and their advice should certainly be taken with a very large grain of salt.  Often, they are trying to sell you a trading system or some other form of training.  For many people this sort of information or trading education can be found for free.  I would encourage aspiring traders to visit www.tradegatehub.com , which is a trading community sponsored by Tradeview Markets.

Trading is a slow process

Trading is a slow process. Slow and steady wins the race. You won’t get rich overnight. Consider your options and if you are a successful part time trader, perhaps stick to that until you have built a comfortable nest egg as a safety net in case full time trading does not work out, and remember never trade money you cannot afford to lose.

Trading involves finances, emotional and mental strength. Luckily Tradeview Markets covers the rest. With over 5 different trading platforms and access to some of the most popular trading instruments in the industry, we have you covered.

Contact one of our account managers to assist you in setting up a demo account and check out our awesome spreads and Innovative Liquidity Connector.

If you decide to trade full time, we look forward to having you with us!

Ryan Boltman

Business Development
rboltman@tvmarkets.com

Tradeview Ltd. is not a portfolio manager or an investment advisor. This Market Report is for informational purposes only. Any statements made or opinions voiced in this Market Report do not constitute investment advice. The Tradeview Ltd. Market Report does not constitute a solicitation to buy or sell in the financial markets. Although the information contained in the Market Report comes from trusted sources, Tradeview Ltd. is not responsible for guaranteeing the accuracy, timeliness, completeness, or fitness of such sources. Tradeview Ltd. shall not be responsible for and disclaims all liability for any losses which may be suffered from access and use of the contents of the Tradeview Ltd. Market Report. Trading any financial instrument on margin, using leverage or otherwise involves considerable risk. Therefore, before deciding to participate in any style of trading, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Consulting with your investment counselor, attorney, accountant or other professional upon whom you rely for guidance as to the appropriateness of an investment in any style of trading is recommended.

Tradeview Ltd.

Is licensed to carry on securities investment business and is regulated by the Cayman Islands Monetary Authority (CIMA) as a full securities broker-dealer. Tradeview conducts business pursuant to the Cayman Islands Securities Investment Business Law (SIBL) and its activities fall under the direct supervision of the Investments and Securities Division of CIMA.
Headquarters: 5th Floor Anderson Square, 64 Shedden Road, Georgetown, Grand Cayman, Cayman Islands KY1-1002, BWI.
Website: www.tradeviewforex.com

Tradeview Asia Ltd.

Is licensed and regulated by the Labuan Financial Services Authority (FSA) as a Money Broker, registration number LL15870 licensed to facilitate transactions in foreign exchange pursuant to Labuan Financial Services and Securities Act 2010, the Labuan Companies Act 1990 and the Labuan Business Activity Tax Act 1990.
Headquarters: International Business Financial Centre at Office 5, Jamie Business Center I, Unit F10, First Floor, Paragon Labuan, Jalan Mustapha, 87000 Labuan F.T.
Website: www.tvmgloballtd.com

Tradeview Europe Ltd.

Is licensed as a Category 2 Investment Service Company and is regulated by the Malta Financial Services Authority (MFSA). The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. MFSA is a fully autonomous public institution and reports to Parliament on an annual basis. The MFSA is a member of the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the International Organization of Securities Commissions (IOSCO) and is a signatory of the Multilateral Memorandum of Understanding with other European regulatory Institutions. Tradeview is authorized to provide financial services across multiple asset classes and is passported in the EU/EEA under MiFID II (EU Markets in Financial Instruments Directive).
Headquarters: 157 Archbishops Street, Valletta VLT Malta 1440.
Website: www.tradeview.eu

Tradeview Financial Markets S.A.C Global

Is authorized to conduct business pursuant to and in compliance with the General Law of Companies (LGS) promulgated by the government of Peru. Tradeview Financial Markets S.A.C is registered with the National Superintendence of Public Registries (SUNARP), company number 13089531. Tradeview Financial Markets S.A.C provides financial services in selected OTC derivative markets in compliance with all applicable government regulations.
Headquarters: Los Mirtos 239 Urb. San Eugenio, Lince, Lima, Perú.
Website: www.tradeviewlatam.com