Starting your first online business is a dream for many investors who want to make it their main or secondary activity later on. Nevertheless, this profession (or this activity) is not without risk. In fact, the trader can lose all his money in a click or two if the market does not move in the direction of his short term view. Especially if he uses leverage. That is why it is important to choose a good trading platform, reliable, so as not to get into trouble … Flowers with a gun.
By bertrand dubourg
What is online trading?
A trader who wants to invest in the online markets will sell and buy shares by placing open positions betting on rising or falling market prices. There are mainly two categories of traders:
- independent trader who performs this operation for himself;
- salaried trader who works for a financial institution;
Traders want to make profits as quickly as possible and develop different and varied strategies according to their beliefs in the markets. The trader speculates and seeks to take advantage of all market opportunities. In other words, there are 3 families of traders:
- swing trader : Who only want to increase their income with long term view. The swing trader usually has a good understanding of economics.
- day trader: Trader opens and closes his buy position in a day. It uses technical analysis and not fundamentals.
- scalping trader: Very short investment horizon. Here the trader takes a position for a few minutes or a few seconds.
Before getting serious about online trading
Choose a good broker like AvaTrade
An online broker should support you when you start trading online, especially through access to training simulators.
Manage Your Assets Wisely
The trader should devote a maximum of 2% of his capital to any position. This is called money management!
Know your market to start trading seriously
You can place yourself on:
- raw material
Train with AvaTrade
The AvaTrade trading platform allows traders to master their trading experience thanks to tutorials and videos specially designed to help them get off to a good start in the stock market.
Introduction to the AvaTrade trading platform
AvaTrade is a CFD broker that has been in existence since 2006 and has extensive experience in this specific market. AvaTrade provides a smooth and secure experience to its users. AvaTrade is an Irish trading site that currently has over 200,000 customers.
AvaTrade offers a copy trading setup for novice traders. Finally, the broker provides access to the widest choice of financial assets.
AvaTrade stands out as a quality institution that has a well-established reputation and its seriousness year after year by various financial supervisory authorities of many countries (REGAFI register, list of authorized intermediaries in the Financial Investment Advisers category on the ORIAS website) has been validated. , e.t.c.
If you want to move to a platform worthy of the name, it is better to favor a broker who offers you suitable tools such as:
- Trading platform with real time prices,
- technical analysis tools,
- efficient customer service,
- tutorials, etc.
You will need to choose your online broker based on the financial markets you wish to trade. In this AvaTrade provides access to over 1250 financial instruments.
AvaTrade: Trading Site with Advanced Tools
Traders on Avatrade have access to multiple platforms such as:
- metatrader 4
- metatrader 5
- automated trading
- social business
AvaTrade is well aware that brokerage fees are a factor to be taken into account when choosing the right trading platform. Most Internet users do not hesitate to challenge the transaction costs offered by various brokers (spreads, commissions, etc.). The platform therefore simplifies client billing by integrating their commissions into their spreads.
Things to remember about the benefits of AvaTrade
- reputed trading site
- Trading Education Articles & Tutorials
- Free Deposit and Withdrawal
- Wide choice of CFDs and financial underlyings