To trade online you need to select a broker who can execute trades and manage your account for you. Brokers offer a variety of account types and services so it is best to research which broker is the right fit for you dependant on your investing goals, educational needs and experience. Here we will take you through all the things you need to select the right broker for you. We even include an easy to use comparison table!
If you’ve never heard of a Stop Loss or Take Profit order or if you’re not sure how to use them order read on… These tools are essential to trading successfully as they help you exit the market at a predetermined price. Putting in Stop Loss and Take Profit orders should be done for every trade you make to ensure you control the outcome of a position by capping your losses at a price you are comfortable with.
To trade successfully you not only need the trading know how but to understand your own strengths and weaknesses when it comes to trading psychology. Acting rationally and containing your emotions is key to allow you to think quickly and clearly to make profitable trades. Trading psychology is different for each trader and based on personal reactions to risk and rewards and tendencies to be emotional.
If you want to learn all about trading you’ve come to the right place. Welcome to our Trading 101 series! Here we will teach you everything you need to get started in the world of trading. We will start off with the absolute basics and move on from there, so if you are a complete beginner or just want to learn more, don’t worry, we’ve got you covered.
Trading is something that anyone can do, young…old…from football fanatic to wine connoisseur…postal worker or politician. Seriously, anyone can give it a go. Here we will take you through some of the most attractive things about trading to motivate you!