What Should You Start Trading First? Stocks, Options, Commodities, Forex? | Forex
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What Should You Start Trading First? Stocks, Options, Commodities, Forex? ★ SUMMARY ★ 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. Why? 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/ ★ SHARE THIS VIDEO ★ https://youtu.be/EJ6DMqs5r94 ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! FREE 15 DAY TRIAL TO THE CRITICAL CHARTS -- http://bit.ly/charts15 GET THE NEWSLETTER -- http://bit.ly/stocknewsletter STOCK TRADING COURSES: -- http://tradersfly.com/courses/ STOCK TRADING BOOKS: -- http://tradersfly.com/books/ WEBSITES: -- http://rise2learn.com -- http://criticalcharts.com -- http://investinghelpdesk.com -- http://tradersfly.com -- http://backstageincome.com -- http://sashaevdakov.com SOCIAL MEDIA: -- http://twitter.com/criticalcharts/ -- http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: -- TradersFly: http://bit.ly/tradersfly -- BackstageIncome: http://bit.ly/backstageincome
Comments
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u should
be a sexy model on those magazines <3 -
Gоoоd
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I would say forex is more liquid then stocks it has a much larger daily average volume
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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?
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i am just starting this and i need help starting it you think you can help me out like is there any special company i should know about or ...?
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well explained. I myself prefer options
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Thank you for your suggestins
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Well done sir....thanks for taking the time to share your knowledge.....
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Why do you hold up things that have nothing to do with trading?
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from the title, i really thought you would be explaining the differences of the different trades.
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thanks for making the videos
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When you're first starting out, I'd avoid derivatives (options or futures for example). It's way more involved than just stock picking. Forex is a quick and easy way to lose a ton of $$$ as well if you don't understand it. Most FX brokers will give you more than enough leverage to hang yourself pretty quickly.
What should you start trading first ? There's only one answer. Stocks. Get used to doing your own analysis, whether technical or fundamental, get used to placing orders, using limit orders, "good till cancelled" orders, "one cancels the other" orders, placing stops etc... if you go with a decent broker, don't be afraid to call them and ask questions about the different orders you can place. We all started somewhere.
Then once you feel you have a grasp on how things work in the markets, THEN you can move on to more complex trading, like options, currencies and futures.
For the record, the Forex market is WAY more liquid than stocks, trading something like $4 TRILLION/day. You can trade Forex 24 hours a day, should you wish to. There are, in fact, many stocks that are actually, very illiquid. A quick scan reveals that there are almost 6000 tradeable stocks with volume less than 500,000/day. Stocks can't touch Forex for liquidity. -
My personal opinion; Stock options have the highest returns but also the highest risks. Forex is more stable, less prone to manipulation, also kinda boring, but open 24 hrs. Stocks are more fun.
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Do u know a good trading platform for Canada?
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You have great informative videos Sasha! keep up the great work you're doing...
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Hello I'm a 17 year old high school student and I want to start in Trading do have an email that I can ask question because even tho I watch some of you videos I still don't get it
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h there! thanks a lot for all your videos. im already a fan here. im investing in the philippine stockmarket. just started a month a ago. Im still learning thru your videos. thanks. God bless,
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Саша, Я новичек в этом деле и пытаюсь найти правильную и удобную платформу, не подскажешь? И еще сколько денег минимально нужно чтобы заняться стоками? Спасибо.....надеюсь ты говоришь по руусски )
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I am in Africa , what will be good for
haahahah