What market to trade?

[tomhunter]

Hey

Im just woundering out of all the different markets how did you decide what to trade or start to learn about?

But also when people who dont use day trading software who "buy and hold" securities, are they considered positon traders or does something else define position traders?

Thanks

 

[neil]

Phew...the long road

Hey

Im just woundering out of all the different markets how did you decide what to trade or start to learn about?

But also when people who dont use day trading software who "buy and hold" securities, are they considered positon traders or does something else define position traders?

Thanks

You have a lot to learn and it will take time but it need not cost you. Use the "Search" and other links at the top of this page ("Knowledge lab" etc). Lots of info. here for free. Therefore, read other peoples opinions and ideas, use any demo. platforms that are available, experiment with trade time frames and keep reading. Pop back now and again with questions to clarify anything. Your biggest obstacle to success is yourself but you will not realise this until you put real money on the line.
Finally, try typing "position trader" into Google or this sites search facility.
Good luck and welcome to the site

 

[pssonice]

look for the whole amount of trades per day

this is the measuring scale to answer your question and find the market where u can trade wo kicked of by AHs

 

[tomhunter]

great help from bothe of you, i think ill start with looking at day trading forex or stocks.


Thanks

 

[damianoakley]

Hey

Im just woundering out of all the different markets how did you decide what to trade or start to learn about?

But also when people who dont use day trading software who "buy and hold" securities, are they considered positon traders or does something else define position traders?

Thanks

Hi Tom,

Personally, I chose to specialise in U.S. Stocks for the following reasons:

1) There is a vast choice ot different trading opportunities (approx. 10,000 stocks) meaning that I can really filter down to the very best trading opportunities every day.

2) U.S. Shares are cheaper to trade because broker commissions are lower and there is no stamp duty to pay.

3) The U.S. market does not open until 2:30pm GMT giving me a great degree of personal freedom as to when to set up my trades in the morning.


Hope all that makes sense and is useful !


Thanks

Damian

 

[tomhunter]

Hi Tom,

Personally, I chose to specialise in U.S. Stocks for the following reasons:

1) There is a vast choice ot different trading opportunities (approx. 10,000 stocks) meaning that I can really filter down to the very best trading opportunities every day.

2) U.S. Shares are cheaper to trade because broker commissions are lower and there is no stamp duty to pay.

3) The U.S. market does not open until 2:30pm GMT giving me a great degree of personal freedom as to when to set up my trades in the morning.


Hope all that makes sense and is useful !


Thanks

Damian

great cheers

 

[gc1]

Surely the best answer is whatever you can make a profit at (since few succeed in trading).

U.S. stocks do need a significant starting capital.

Stock index futures (either U.S., U.K or German) have lots of potential but need very fast trading decisions.

Forex can be good if you don't mind making very early morning starts.

 

[damianoakley]

Surely the best answer is whatever you can make a profit at (since few succeed in trading).

U.S. stocks do need a significant starting capital.

Stock index futures (either U.S., U.K or German) have lots of potential but need very fast trading decisions.

Forex can be good if you don't mind making very early morning starts.

Hi GC,

U.S. Stocks don't necessarily need a significant starting capital unless you are daytrading.

You can trade successfully using as little as $5,000, which in trading is a small capital base.


Thanks

Damian

 

[neil]

Hi GC,

U.S. Stocks don't necessarily need a significant starting capital unless you are daytrading.

You can trade successfully using as little as $5,000, which in trading is a small capital base.


Thanks

Damian

Tom is still at school so I doubt he has the dosh :!:
(Search other threads by him.)

 

[damianoakley]

Tom is still at school so I doubt he has the dosh :!:
(Search other threads by him.)

Hey - I would never fault anyone for starting too early !

By the time he's 20, he could be a master trader !

Best of luck to him,


Damian