Online trading
The possibilities for making money on the Internet are simply amazing in their diversity; one of the options for such work is online trading, which allows you to make a profit by selling and buying various types of assets.
Online trading is trading in currencies, stocks or other instruments using special software and via the Internet.
A distinctive feature of this type of income is that to work you do not need to personally visit the office of a brokerage company.
All operations, from registration, identity confirmation and opening transactions themselves, are carried out exclusively online.
Online trading requires a minimum of equipment, and the software is provided completely free of charge.
Thanks to this type of income, you get a unique opportunity to master a new, highly profitable trader profession.
Key Points of Online Trading
1. Equipment and programs - it is best to start trading on a personal computer or laptop with a connection to the World Wide Web with a speed of at least 1 Mb/sec. Device parameters currently play virtually no role.
A processor with a power of 1 Gigahertz and 512 megabytes of RAM is sufficient for operation; more powerful parameters are welcome.
Trading is carried out after installing the trader’s terminal, but if desired, for trading you can also use web platforms that are available on the websites of some of the brokers.
You can use a mobile phone or smartphone as a backup device; there is also special software for them.
The trader's terminal itself is easiest to download from one of the brokers - http://time-forex.com/spisok-brokerov
2. Broker for trading - at the moment there is a fairly large selection of brokerage companies, each of them offers its own trading conditions, promotions and bonuses.
The main recommendation when making a choice is the length of time the company has existed and the number of traders who trust it. Large Forex brokers practically do not deceive their clients, but small DCs often resort to various tricks in order not to pay the due profit.
3. What to trade – the most popular option for online trading is currencies, so it’s best to start with currency pairs ; there are a lot of ready-made strategies and recommendations for this instrument.
4. Trading strategy - in Forex there are several walls of different strategies, but most traders work in several main areas - scalping, channels, breakout, lines and levels.
You will find a selection of strategies in the section Forex Strategies for online trading - http://time-forex.com/strategy
5. The amount of the initial deposit - there are many discussions and disputes around this issue, who says that you can only make money with $10,000, others claim that a couple of hundred is enough for them.
The secret of such a difference in judgments lies in the difference in the strategies used, for example, when using the scalping strategy with a deposit of $200 and a leverage of 1:500, you can double your deposit per day because you will be trading a volume of $100,000.
At the same time, having a deposit of 10,000 and a leverage of 1:10, you will also trade with the same volume, and you can easily earn the same $200, but the risk of losing your money will decrease tenfold.
6. Amount of earnings - as statistics say, on Forex it is almost impossible to consistently earn more than 20% of the amount invested monthly.
It is this indicator that serves as the main guideline for calculating possible profit. Internet trading will allow you to become absolutely independent of the time frame and place of work; you can trade on the stock exchange online - at home or in any place convenient for you. The sooner you start exploring this opportunity, the sooner you will achieve your goal.