The Deceptive Ease of Online Trading

Since the advent of online trading, millions of people have decided to give it a try.

At first glance, nothing seems simpler than online trading; you can start trading on any exchange in just a few minutes.

However, this is only the case. Most newbies who start trading online quickly lose their deposits and then bombard their brokers with lawsuits.

Risk Disclosure "

on any website about stock trading In reality, online trading is subject to the same rules as trading on a real exchange.

Therefore, the requirements for a newcomer are the same as for an intern at an investment fund or hedge fund. To avoid becoming another victim, try following the advice of one of the well-known online traders, Apel Pesha:

• Take opening trades in the trading terminal seriously. Imagine using real money instead of numbers; it will make you think ten times before opening a new trade.

• Online trading is also trading. Therefore, it needs to be learned in the same way as real trading on the stock exchange.

• Critically evaluate your strengths; don't wait for the market to do it for you. Try to open only trades with minimal risk.

• Use all the opportunities that the trading platform provides you with – news feeds, indicators, pending orders, and most importantly, tools for fixing losses and profits.

• Don't forget that there are other ways to manage trades, not just through the trading platform, this will help you close a trade even without internet access.

The deceptive ease of online trading is the investor's main enemy. Virtual money on your computer screen is your money, and losing it will be just as painful as losing real money.

Try becoming an analyst first by making a forecast for several assets based on available news. Only then, if your forecasts come true, start opening trades.