Which market and trading platform has an easier learning curve with regards to trading?
- Thread starter moyes
- Start date
Stocks are easiest to master I think. Though it is not easy at all to make money out of the markets. I just say it is slightly easier than Futures or worse Forex markets. As professional trading platform you can consider Sterling Trader Pro. They also have a lot of built-in features.
they are all the same......spot forex is definitely the worst because it is not regulated, and brokers are worse than dacoits....stay away from spot.
any sort of trading has a very steep learning curve.......i have been at it for over 30 years but still cannot trade to save my life.
any sort of trading has a very steep learning curve.......i have been at it for over 30 years but still cannot trade to save my life.
talk about day trading.
easy - don't have
hard - also don't have
very hard - Index futures
very very hard - forex due to limited day range
very very very hard - CFDs due to horrific bid-offer spread
- options (more variables to consider)
Trading platform - avoid IB unless you want to spend days/weeks learning how to use it.
Try other platforms where can use it within an hour.
IB offers the greatest number of products for trading.
easy - don't have
hard - also don't have
very hard - Index futures
very very hard - forex due to limited day range
very very very hard - CFDs due to horrific bid-offer spread
- options (more variables to consider)
Trading platform - avoid IB unless you want to spend days/weeks learning how to use it.
Try other platforms where can use it within an hour.
IB offers the greatest number of products for trading.
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the problem today is that everyone has the same information- like technical analysis- instantly available on line.......it was not the case 30 years ago when i started trading.......most people 30 years ago, did not know the meaning of pullbacks, H&S and technical analysis stuff . today it is common knowledge and available free on line.
the best training from any where in the world is now available literally at one's fingertips , if you are willing to pay for the advanced stuff.
most of the traders all very knowledgeable and smart
so to get an edge over the competition is now difficult and like my fellow ETian said it is not easy to make money in trading. for me it is impossible but HEY! do not let that discourage you.....have low expectations however and focus on the freedom that trading provides in your life rather than the money
None of the above.
Event contracts is the least complex to learn.
Just answer Yes or No to trade.
Predefined risk, the price you pay per contract is the most you can lose.
Smaller sized contracts of 1 contract = $20.
But, do you have what it takes to beat the casino ?
you wanted feedback.....it is critical that you understand the difference between weak breakouts and strong ones.........fade the weak ones and enter with trend ,wrt to the strong ones.
took me ages to differentiate the two.
it is difficult when you have to make unemotional judgements.
took me ages to differentiate the two.
it is difficult when you have to make unemotional judgements.
The endgame is not supposed to to be only easier learning curve but high probability to achieve your 1st million (or financial freedom or whatever freedom). My opinion is based on my own experience and people around me (including people known to trusted people around me).
High probability to success and achieve your 1st million using retail level knowledge (books) is stock with swing/position trading.
Next probability to success using retail level knowledge is futures/CFD/forex with swing trading. With CFD/forex, your probability to achieve your 1st million is higher than futures because those CFD/forex online prop firms offer scalability of account size including drawdown too, unlike futures online prop firms.
Never dive into options so cannot comment that.
Day trading is the hardest regardless of instruments by using retail level knowledge. Please avoid that. Your best chance to success is either joining real prop firm or learn from real current or ex-real-prop traders if you able to.
I do not comment regarding the platform because I do not what you need.
My comment regarding stock maybe out of the question but I decided to include it because I feel like to.
High probability to success and achieve your 1st million using retail level knowledge (books) is stock with swing/position trading.
Next probability to success using retail level knowledge is futures/CFD/forex with swing trading. With CFD/forex, your probability to achieve your 1st million is higher than futures because those CFD/forex online prop firms offer scalability of account size including drawdown too, unlike futures online prop firms.
Never dive into options so cannot comment that.
Day trading is the hardest regardless of instruments by using retail level knowledge. Please avoid that. Your best chance to success is either joining real prop firm or learn from real current or ex-real-prop traders if you able to.
I do not comment regarding the platform because I do not what you need.
My comment regarding stock maybe out of the question but I decided to include it because I feel like to.
Learning to trade is a difficult and involved process that takes a lot of time and effort. Learning to behave as a disciplined, professional can be more difficult yet...and often is. If you want to enter the fray then you need to make the serious commitment toward study, understanding, testing and formulating a viable trade plan based on that work. Questions involving "easier" will not be helpful to your development. Once you have done what is needed to get a good grasp, then you can remove anything not necessary toward preserving your edge.....i.e. KISS
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CASH markets, with tight bid\ ask; none of that is in your question.
But since i like sarcasm, trade max size in your leveraged choice$\that way you will remember the big losses + have an occasional thrill.
WHEN all else fail try cash markets.
And remember what they say in chicago ''the smarter you are the longer it takes''
Good question moVes but all your initial choices were wrong to learn to trade -invest; but good for thrills\ chills\ spills\...................................................................