Category: Reddit Post

GME 🚀

submitted by /u/XGramatik [link] [comments]

How Not To Become A Trader – Part 2 ‘I Have No Money’

Part 1 is here ‘I Have No Money’ When people hear the word “investments,” many mistakenly assume it refers to large sums of money that few can afford. While that can be the case, in reality, whether we’re talking about financial instruments like options or securities in the US, or spread betting or CFDs in the UK, many trading platforms (brokers) offer standard accounts with a minimum deposit of $100-$200. Pepperstone MT5 Can you make any money with such amounts, you ask? Let’s define what “any money” means to you. I have a live example for you – a trading account with balance of $200, and like me, trading CFDs. By trading minimal volumes and following risk management rules, lets say you earn $20 a month. Is that little or a lot? $20 = 10% monthly return = 120% (!) annual return. Which bank or hedge fund offers you that? But there are risks! – you might say. Undoubtedly. But where aren’t there? submitted by /u/FXgram_ [link] [comments]

AAPL

submitted by /u/XGramatik [link] [comments]

How Not To Become A Trader _Part 1 ‘I have no time’

https://preview.redd.it/0yt3fbbrls5d1.png?width=692&format=png&auto=webp&s=68de7ce6a1e5e1d56d152dcac34f8b455a1d459c There are many excuses we make for ourselves so as not to start doing something. In general, this applies to any business, but let’s use trading as an example. “I Have No Time” Ever feel like there’s just no time to get into trading? Between working your 9-to-5 and juggling family life, finding those precious hours to dive into the markets can seem impossible. But guess what? You’ve got more time than you think. A study from the Bureau of Labor Statistics found that the average American adult watches about two hours of TV every day. Add in another two hours for scrolling through social media. That’s FOUR HOURS that could be spent trading! Still think you don’t have time? Try this: do a personal time-tracking study. Seriously, track what you’re doing in 15- or 30-minute chunks throughout the day. You’ll probably discover some surprising time-sinks. Are you really playing with your kids for hours, or is dinner actually taking that long to cook? And let’s be honest, how many episodes of “Bridgerton” are you binging each night? By tracking your hours, you’ll see where you can squeeze in time for trading. You might realize you’re not as busy as you think. Notice when you have consistent free time. Some weeks might be crazier than others, and that’s okay. Find a trading approach that fits your schedule. If mornings are your only free time, day trading might not be your best bet. But if you have a steady routine, you can find a trading style that meshes well with your life. In the end, it’s all about making the most of your time. submitted by /u/FXgram_ [link] [comments]

Chris Weston: Is EURGBP the new political stability trade?

A ‘strong’ govt under Starmer vs the weak and fragmented political situation in the EMUs two biggest nations As Wu Tang said, “Cash Rules Everything Around Me” and fragmented doesnt feed well into that equation. submitted by /u/XGramatik [link] [comments]