One of the most interesting and profitable classes today is an exchange game. The annual yield of traders with experience reaches several hundred percent of the funds placed on the trading account. Starting the game on the exchange yourself is not difficult. The main thing is the desire and of course the presence of a computer and access to the Internet. You can start with a small initial capital (no more than $ 100)
Whatever your choice is the stock exchange of shares or playing on the Forex exchange, the basic principle is not difficult: cheaper to buy – more expensive to sell; Sell more expensive – buy cheaper.
Despite the apparent simplicity, it must be remembered that in order to obtain stable income, it is necessary to understand the system by which markets work, whether it is a stock or forex, to master various analytical methods. When preparing for the game on the exchange, you need to take into account some mandatory stages. The first thing you need to decide is the market in which you will make transactions: currency (FOREX) stock (shares, indices) commodity (metals, oil) derivatives of financial instruments (CFD, futures contracts, etc.)
The specifics of trade in financial instruments is such that an ordinary citizen of any country can perform operations with European, American, Russian, Asian indices and promotions on various world exchanges, earning on fluctuations. But you should pay attention to the time of operation, for example, the foreign exchange market operates around the clock, and the Russian stock exchange at a strictly indicated time.
The second significant emphasis should be made to choose from the required size of the initial deposit. When opening an account or each replenishment, most brokers provide a bonus for a deposit. Its size must be chosen so that no more than 20% of the money account can be used in the transaction. This is a kind of insurance that allows you to wait out the drawdown (unwanted price change for you) without unpleasant consequences for your deposit.
Another important stage of the process is the forecasting of market fluctuations using technical analysis. To make a forecast for the further movement of exchange rates, indices and shares (to open positions and profit), graphs in the trading terminal allow. To study the methods of analysis, the game on the exchange is best studied in the courses provided by the brokerage company, which you have chosen to open a trading account. If you prefer the independent development of an exchange game, then you can study the relevant literature.
With a serious approach to the implementation of these stages, playing the currency or stock market can be the source of your main income.