What Should You Start Trading First? Stocks, Options, Commodities, Forex?
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Stocks, Options, Commodities or Forex?
It really comes down to personal preference. Personally, I started with the stock market and prefer it as a starting place for beginners.
Stocks have a lot more liquidity, they are easier to understand and it’s easier to get in/out of them.
Options are my second choice because you can leverage and make more from your money or trade larger stocks for fewer yields. Basically, it allows you to control more of the expensive stocks.
Posted at: http://tradersfly.com/2014/03/start-trading-first-stocks-options-commodities-forex/
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You are the man Sash. Veteran here and i am following a lot of your investment principles. i am in the planning stages of subscribing to your online program and am looking forward to really learning the chart readings as well.Thank you for your insights.
Hi Shasha, I just subscribed to your channel, I think I can learn a lot from your videos, good job buddy! I’ve got a question, I’ve read about someone on the internet who found his positions closed by his broker(without his approval) loosing more money than he invested....this scared me a little bit(I think he was using a margin account )
Now my intention is to invest in real stocks not CFD, FX or cryptos...I want to buy EQ for a long term investment (10y-15y).
Will I have to be worry of seeing my positions closed by my broker anyhow?
Ps: I’m planning to buy shares with my money and with my money ONLY. I’m not planning to use margin, leverage or other stuff which can increase the risk event further.
I would really appreciate if you would spend 1minute of your life to get back to me.
thank you Sasha.
oh wonderful! thank you for being there! what can you recommend books about forex trading? I'm having a hard time searching books about forex here in the Philippines. can I also read books about economics?
Саша, Я новенький в этом деле и пробую отыскать правильную и комфортную платформу, не подскажешь? И еще сколько средств мало необходимо чтоб заняться стоками? Спасибо.....надеюсь ты говоришь по руусски )
Hi Sasha, I would like to thank for offering those valuable information which really transform my trading skills to much better level than where I was
You have mentioned to stick with one type of stock. Do you mean price wise or industry or something else?
I would like to learn more, I'm just starting out, what else can you direct me towards to begin trading.
Whether that be more of your videos, a website, key terms to look up anything would really help. Thank you!
Thanks a lot for your very informative and helpful videos. I very much appreciate you sharing your knowledge and experience for free and in a professional way.
Ali ibn Abi Talib said: "Everything decreases with giving away except knowledge."
Good lesson. Personally I prefer trading options. Especially the QQQ. I prefer this because of liquidity. So many OI on different strike prices , the $1 increments, low premium and needing only a small .20 movement on the Q's to make a .10 profit on your position. With only 50 contracts this would be $500 profit before commissions. Yes it works I've done this many times over. And I've gotten my profit going against the grain. This is a short term strategy. If I'm in it for at lest a month I'm going with the trend.
Just an beginner starting out here and I can see that most of your strategies and condemnation boils down to psychology.
I did a lot of psychology and personnel development study and it boils down to the fact you should apply such skillet to all areas of your life and not just stocks.
I'd recommend checking out the you tube channel (Actualized).
Sasha, for an individual day/swing trader like yourself, what is the optimal number of monitors to work with? I would imagine that one is not enough (since the TC2000 software you're using does not allow for executing trades), however four monitors might be too many (as one might get distracted with too much information). Or maybe it's a good idea to buy one large monitor (like 34") with several-screen split feature? Many thanks.
Thank you Sasha so mush with the information, just been exposed to trading as i needed financial breakthrough but the way you explain it, trading is not a quick money making scheme as other people say it is, will start to learn was so confused where to start but you really illuninate things, which online brokers you could advice maybe start using thier Demos?
FX is just as liquid if not more than stocks bc so many are involved in the MAJOR currencies. Saying the stock market is more liquid is a blanket statement at best, especially if your trading a penny or low dollar stock with good size. Also the COST of starting in Stocks is generally more for new traders bc lack of capital vs cost of shares, margin, and day trading rules. I trade ALL markets in several different styles and the commodity Grain markets are the easiest IMHO. Startup is always important and ppl need to know whats the cost.
Forex - 2k to get started - Hard market to learn bc of conversions and even more difficult to master, fundamentally driven with large volatility at times, not the best for newbies imho. Easy to get into this market, even easier to wipe out your new account with 50-1 leverage.
Commodities - 10k to get started, long term fundamental drivers based on real supply and demand, easier to trade trending markets and you can choose less volatile commodities. Contract months and rules take awhile to learn but make you a better all around trader in any market. Agriculture/Livestock markets have long term seasonal trends and options allow for reduced exposure.
Stocks - 30k+ to begin as day trader (note I am counting the 25k rule factored in with some padding), little as $500 for a swing trader. Short term volatility can be immense on individuals with earnings, ipo, upgrades/downgrades moves. Fundamentally and speculative driven market. Swing trading can take a long time to become profitable on cheap non moving stocks. Good market for newbie investors thinking about active trading.
Hi. Sasha Evdakov
Be careful of the term "abundantly " Mainstream Christianity has used that term out of context for some 2000 years ,, Read slow and get the truth, abundance is not wealth !
..Jn:10:10: The thief cometh not, but for to steal, and to kill, and to destroy: I am come that they might have "life", and that they might have "it" LIFE! more "abundantly" Eternal life not wealth .. . Love your instructions on stock trade to prosper.. Eugene.. Teach me..
CAN YOU GIVE ME SOME ADVICE PLEASE
here is my problem I am completely new to the market my goal is to be financially independent and be able to support my family and trade from anywhere In the world so to describe how new I am. Well am a total beginner am still learning how to read charts. And candlesticks and symbols like usd/eur but I have been practicing on demo accounts I realize that binary options and stocks are easier and I also would like to learn penny stocks maybe commodities but which you think would be better for me as beginners ?and I think 300 dollars is the most I can start with and do you think trading on a laptop would be better because am using an iPad ? And am even planning to go to actual classes for trading but they told me it's around 300 and I don't even know if it's monthly or weekly. What should I do ?
+C JAY Quick tip. Noone's going to mentor you untill you start thinking how you can help them. If you find a good way to help(add value), you could even get some of the popular millionaires to mentor you(like I have)
Hi Sasha! Many thanks for your great videos. Just discovering but learning fast. To stick to types of stocks is an interesting viewpoint. I always thought investing Warren buffet style and I would need Millions. I have heard people with few thousands going big. What is your advice/trading strategy for someone with 2500$ like me? I would like to day trade or swing trade but i don't want to invest 1000$ in dvds, newsletters or books because that could give me great growth potential. If I would reach 8k I would then consider investing like that 1000$. How would you start if you had 2500$?
The best investments you can make with that kind of money is 1) clean up your dept 2) purchase amazing laptops 3) Start taking investors in your city out to coffee 4) investing in stocks after 1-2months of research
+Sasha Evdakov sry but i didn't got it , so wheres the answer :D
for someone start with 2000 $ , i love stocks ( and i began to learn about it ) but i think investing in stock with such amount will not make sense will not give a return , however forex is risky but leverage make it easy to make money so , what do you think or what is your advice to make money in stock with 1000 or 2000 $
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