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Want to Trade, So why Don’t You ?

With interest rates at historical lows, providing less returns on savings, in addition to the rise of the gig economy. Many are seeking more flexible ways to make extra money on top of there full-time careers. From sports betting, to buy-to-let homes,  being a uber driver or renting a room on Airbnb. We all want to find a route which allows us to diversify our income stream.

With potential to realistically average 20 – 40% (higher in some cases) annual return, Financial Trading in recent years has grown to be one of the favoured routes. This due to the fact that no hard labour is required, besides a few hours a week and a good internet connection. YouTube tutorials or low-cost courses enable anyone with the interest, to learn the basics and free demo accounts provided by brokers like Tradeview Markets provides the means to practice what has been learned.

So why do many who have the desire, and the means, never take the next steps required to fulfil there ambitions of expanding there short-term income streams?

Confidence

New traders often feel a sense of pressure to move forward before “they are ready”. From doing courses who encourage them to practice, and whilst practicing being sold trading accounts, many feel trapped in a never ending cycle where they feel a lack of support in the areas they need them most. Like building a strategy, knowing how to find opportunities, knowing when to exit a trade and managing risk throughout the process.

Commitment

A lack of tangible commitment also sees the initial interests and desires fade. With anything, not having skin in the game or something to look forward to ends the initial excitement and sees the would be trader quit, or always keep things on the back burner, “as life gets in the way”. However it doesn’t, the desires for extra income remain, but the lack of confidence along with the lack of commitment means your trading ambitions would have ended before they ever begun.

Are there solutions?

    1. Firstly if you want to trade, open a account, not a demo or a practice account (you will still have those), but a live trading account, which you will fund. This is the commitment to yourself. Low-interest rates will mean keeping funds dormant in your bank will give you non-existing gains, but also loses in the opportunities which are out there to be found via trading. Opportunities are created by uncertainty, and with Brexit, US/China trade war, we are seeing many generational opportunities in the markets.
    2. Doing the above gives you control. You made the commitment, now is time to gain    the support and education, rather than being sold the idea of help. Just by depositing doesn’t mean your capital is at risk. There is no risk of losses until you place a trade. You can close your account at anytime. Brokers want you to trade as that is where there commissions are derived. So funding and not trading will increase the chances of further support, in assisting you to gain the confidence and know-how before you begin live trading.
    3. Start trading. You’ve made a commitment to yourself and likely gained true confidence on how-to trade. Now it’s the time to risk the funds you’ve invested in hope of return you seek. If you chose not to, close the account, you would have gained a new skill, without losing any money in return.

Tradeview’s Eliman Dambell will hosting a weekly webinar series on the core areas of trading, starting Monday 17th June 2019.

These will be on:

  1. Principles of Trading
  2. Basics of technical analysis
  3. Understanding trading platform
  4. Risk Management

To be enrolled before then, all you need to do is open and fund your trading account with Tradeview by clicking the link below.

Join here

Any questions please email with the subject: June Webinars to edambell@tvmarkets.com

Eliman Dambell
Bussines Development
edambell@tvmarkets.com

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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

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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

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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