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When should I buy, when should I sell, how do I know which to buy. Detailed answers but put simply please. Thanks a lot.

2007-08-28 02:28:29 · 6 answers · asked by Anonymous in Business & Finance Investing

6 answers

Read some books. Lots of books.

Subscribe to at least one Financial Magazine (eg. What Investment) and take the Sunday Times weekly.

Register with a web site that will let you run a 'virtual' portfolio (i.e. practise 'buying' & 'selling' without using real money).

Once you have done all that for a few months, you might consider taking the FT daily.

To buy & sell individual shares, you will need a few thousand (minimium transaction needs to be about £1,000 or dealing costs start to dominate) .. and unless you know what you are doing, be prepared to loose the lot within 6 months.

I suggest you put your first £7000 (each year) into a Stocks & Shares ISA & start by investing in a Tracker Fund ..

NB> Avoid Currency Trading and Spread Betting like the plague (untill you have money to waste).

2007-08-28 02:37:21 · answer #1 · answered by Steve B 7 · 0 0

Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.
Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.
However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?
The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.
Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/03f02
It's probably the best way to learn how to win with binary option

2015-01-24 11:00:21 · answer #2 · answered by Anonymous · 0 0

If you want to make money with binary options then this detailed educational articles and strategy guides. Go here https://tr.im/45EKf
These will teach you to efficiently trade financial assets and increase your winning probabilities. You can implement these strategies at binary options brokers. The idea is to always choose legit and reputable brokers to avoid being scammed

2016-02-15 09:29:23 · answer #3 · answered by Anonymous · 0 0

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

2014-12-18 14:33:33 · answer #4 · answered by ZOBEL 3 · 0 0

I notice from your profile that you are a bit of a gambler, but successful investment is not about gambling: it is about skill and good risk management. Take a look at a website called www.finysis.net, which provides some useful e-books and software for the budding financial analyst.

2007-08-30 22:44:50 · answer #5 · answered by ROCK 3 · 0 0

best buyng what (shares , futures , option , bonds).
it depends if u want to invest or trade on a specific time frame basis.
let me know

2007-08-28 02:57:24 · answer #6 · answered by giulio_marini2000 2 · 0 0

Contact a broker office...

2007-08-28 02:31:36 · answer #7 · answered by Anonymous · 0 0

fedest.com, questions and answers