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BROKERS OF COMMODITIES, FUTURES, AND OTHER TRADEABLE ASSETS, SO THAT YOU CAN
LEARN ABOUT MARKETS, AND INVEST YOUR CAPITAL.

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CAN I TRUST THE GATE.IO CRYPTOCURRENCY PLATFORM?

Does anyone here use Gate.io for investments and trading? How has your
experience been? Are they secure?

IS BINANCE A GOOD CRYPTOCURRENCY EXCHANGE FOR BEGINNERS?

Hi all, I've never invested in cryptocurrencies before and wish to learn. I
found Binance, but just to make sure, should I be using this platform? If not,
do you have any other suggestions?

CAN U.S. CITIZENS USE GATE.IO FOR TRADING CRYPTO?

Hi, I'm currently staying in the U.S. Can I use Gate.io for trading?

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POPULAR COMPARISONS

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NEW AND PROMISING PRODUCTS

KUCOIN VS BINANCE

Crypto has seen explosive growth in recent years, and people are exchanging
cryptocurrency on a massive scale. Namely, cryptos have proven to be a great
option for a lot of people who have been thinking about getting into trading, as
it is very easy to start trading crypto. To start, all you need is an internet
connection and a reliable trading account. Due to the immense popularity of
crypto, there are hundreds of e-wallets to choose from, with each offering
unique features. However, as a beginner, it can be quite difficult to figure out
which wallet is the best fit for you, which is why we have prepared this review
article. In this comparison post, we will be reviewing Kucoin and Binance, which
are two popular online platforms that are used to trade cryptos. We will give
you a brief overview of each platform and how it works. In addition to that, we
will also review the two services based on their ease of use. So, let’s get to
it.

BINANCE VS COINSPOT

One of the most difficult financial markets to navigate in today's inflationary,
rising-rate environment is cryptocurrency. With digital tokens way below their
all-time highs, more crypto enthusiasts and novice investors are taking
advantage of the discount and pouring into their favorite virtual currencies, be
it Bitcoin or Dogecoin. But while many are weighing their buying decisions, the
next question becomes: Where should you your cryptos from anyway? The explosive
growth in the industry has led to the creation of a wide range of exchanges and
trading platforms either focused entirely on crypto or have complement their
current suite of products and services with cryptocurrency. By now, you might
have come across the Binance platform and the Coinspot app. But what is the
difference between the two websites anyway? So, from trading fees to deposit
methods, we look at the features and comb through the differences between
Binance and Coinspot. Which Cryptos Does Binance Offer? Binance offers its users
with 65 different cryptocurrencies. Some of the most popular digital tokens on
the platform consist of: Bitcoin (BTC)Ethereum (ETH)PAX Gold (PAXG)Harmony
(ONE)Orchid (OXT)Helium (HNT)Chainlink (LINK)Cardano (ADA)Stellar (XLM) What
Cryptos Does Coinspot Offer? Coinspot offers support for more than 150
cryptocurrencies. Some of the digital destination's offerings: Bitcoin
(BTC)Ethereum (ETH)BNB (BNB)USD Coin (USDC)XRP Ripple (XRP)Terra (LUNA)Cardano
(ADA)Solana (SOL)Avalanche (AVAX)Polkadot (DOT) Is it time to invest in the
treasure trove of cryptos, from LTC to XRP, on Binance or Coinspot? Missing
checkmarks?

GATE.IO VS BINANCE

Cryptocurrency is changing the world and is becoming more popular as the years
go on - but you already knew that. Of course, with the rising popularity of
crypto, the number of brokerages offering you the option to buy and sell cryptos
has also increased. Namely, Binance and Gate.io have become one of the leading
crypto exchanges, offering a solid experience for both short-term traders and
long-term investors. Although both of them are a solid choice and they are
available in the US, they slightly differ in their features. Continue reading to
learn more about the difference between Gate.io and Binance. Which Cryptos Does
Gate.io Offer? BTCETHUSDTUSDCCVCREQDOGEBTGLTC and others. Which Cryptos Does
Binance Offer? BTCETHADAUSDTUSDCSOLNEOLINKXLMNANOSHIBDOGEVETVTHO and others.

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THE ANSWERS TO ETORO'S TRADING KNOWLEDGE ASSESSMENT

DO YOU WANT TO HOP ON THE ETORO TRAIN? IF SO, DO YOU THINK YOU CAN ANSWER BASIC
QUESTIONS ABOUT THE FINANCIAL MARKETS AND PINPOINT ELEMENTARY FUNCTIONS OF
TRADING STOCKS, CRYPTOCURRENCIES, COMMODITIES, CFDS, AND ETFS? WITH RETAIL
INVESTORS BECOMING INTERESTED IN VARIOUS MARKETS, FROM STOCKS TO
CRYPTOCURRENCIES, MANY FOLKS ARE GETTING INVOLVED IN ETORO. BUT IT IS AN
EXCLUSIVE CLUB FOR THOSE WHO UNDERSTAND THE DIFFERENCE BETWEEN A MUTUAL FUND AND
AN EXCHANGE-TRADED FUND (ETF). SUFFICE IT TO SAY, IN ORDER TO OPEN AN ACCOUNT ON
ETORO—ONE OF THE TOP SOCIAL TRADING SIGNAL PROVIDERS—YOU NEED TO PASS A
KNOWLEDGE TEST. THE TEAM AT ETORO PUT TOGETHER ITS KNOWLEDGE ASSESSMENT BY USING
INFORMATION ESTABLISHED BY THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION
(ASIC), CYPRUS SECURITIES AND EXCHANGE COMMISSION (CYSEC), THE FINANCIAL CONDUCT
AUTHORITY (FCA), AND U.S. REGULATORY AUTHORITIES. ARE YOU TAKING PART IN ETORO'S
TRADING KNOWLEDGE ASSESSMENT? HERE IS THE CHEAT SHEET FOR THE CURRENT 2022
VERSION, WITH ANSWERS AND EXPLANATIONS, FOR YOUR USE. STILL DECIDING IF ETORO IS
THE RIGHT BROKER FOR YOU? READ OUR ETORO REVIEW TO HELP YOU DECIDE, OR ELSE SEE
THE BEST ONLINE STOCK TRADING PLATFORMS FOR BEGINNERS. TABLE OF CONTENTS ETORO’S
TRADING KNOWLEDGE ASSESSMENT BY COUNTRYETORO UK - FCA REGULATIONETORO EUROPE -
CYSEC REGULATIONETORO AUSTRALIA - ASIC REGULATIONETORO US - FINCEN REGULATION
ETORO’S TRADING KNOWLEDGE ASSESSMENT BY COUNTRY IN ORDER TO FIND THE CORRECT
ANSWERS FOR THE REGULATION USED BY THE COUNTRY YOU LIVE IN, BROWSE THE COUNTRIES
BELOW TO LEARN WHICH REGULATION YOU BELONG TO. IF YOU CAN'T FIND YOUR COUNTRY,
THEN ETORO ISN'T ALLOWED WHERE YOU LIVE, OR SEE THE FULL LIST OF COUNTRIES WHERE
ETORO IS AVAILABLE. FCA REGULATION AUSTRIABELGIUMBULGARIACROATIACYPRUSCZECH
REPUBLICDENMARKESTONIAFINLANDFRANCEGERMANYGIBRALTARGREECEHUNGARYICELANDIRELANDITALYLATVIALIECHTENSTEINLITHUANIALUXEMBOURGMALTATHE
NETHERLANDSNORWAYPOLANDPORTUGALROMANIASLOVAKIASLOVENIASPAINSWEDENUK CYSEC
REGULATION
ARGENTINAAUSTRALIABAHRAINCHILECOLOMBIAKUWAITMEXICOMALAYSIANIGERIAOMANPERUQATARSINGAPORESWITZERLANDTHAILANDUNITED
ARAB EMIRATESURUGUAY ASIC REGULATION AUSTRALIA FINCEN REGULATION USA ETORO UK -
FCA REGULATION 1. PLEASE MARK THE CORRECT STATEMENTS A. OPENING A TRADE WITH
$100 AND 20X LEVERAGE WILL EQUATE TO A $2000 INVESTMENT. - CORRECT ANSWERB. IF
THE EQUITY IN YOUR ACCOUNT FALLS BELOW THE REQUIRED MARGIN, A "MARGIN CALL" WILL
NOT LIQUIDATE YOUR TRADES.C. IF THE PRICE OF GOOGLE STOCK ON NASDAQ GOES UP, THE
PRICE OF YOUR CFD IN GOOGLE WILL GO DOWN. D. MY OPEN POSITIONS WILL REMAIN OPEN
WHEN THE STOP LOSS IS TRIGGERED.E. IF THE MARKET MOVES RAPIDLY AND GAPS THROUGH
THE STOP LOSS PRICE, THE TRADE WILL NOT BE CLOSED WHY? ALSO KNOWN AS AN
INVESTMENT MULTIPLIER, A $100 INVESTMENT CAN ALLOW THE TRADER TO TAKE A LARGE
POSITION WITH A 20X LEVERAGE, MEANING THAT THE INDIVIDUAL ACCOUNT CAN ACHIEVE
MASSIVE GAINS OR STEEP LOSSES. ETORO EUROPE - CYSEC REGULATION 1. PLEASE MARK
THE CORRECT STATEMENTS A. I DEPOSIT AND INVEST $1,000 TO OPEN A POSITION WITH
$12,000 (USING LEVERAGE OF 20X). IF THE MARKET MOVES 5% AGAINST MY POSITION,
I’LL LOSE MY INVESTMENT.B. IF THE PRICE OF GOOGLE’S STOCK RISES ON NASDAQ, THE
PRICE OF MY GOOGLE CONTRACT FOR DIFFERENCE (CFD) WILL GO DOWN.C. IF THE TOTAL
EQUITY (I.E., THE COMBINED VALUE OF POSITIONS AND AVAILABLE CASH) IN MY ACCOUNT
FALLS BELOW THE REQUIRED MARGIN, A “MARGIN CALL” WITH LIQUIDATE MY POSITIONS. -
CORRECT ANSWERD. MY OPEN POSITIONS WILL REMAIN OPEN EVEN WHEN A STOP LOSS IS
TRIGGERED.E. IF THE MARKET GAPS THROUGH MY STOP LOSS, MY POSITION WILL CLOSE AT
THE EXACT STOP LOSS LEVEL. WHY? IF THE EQUITY IN YOUR TRADING ACCOUNT DECLINES
BELOW A PREDETERMINED LEVEL, THE BROKER WILL DO ONE OF TWO THINGS: REQUEST MORE
CAPITAL BE DEPOSITED INTO THE ACCOUNT OR RUN A MARGIN CALL AND LIQUIDATE THE
INVESTMENT POSITION. ETORO AUSTRALIA - ASIC REGULATION 1. WHICH OF THE FOLLOWING
BEST DESCRIBES "GAPPING?" A. A TRADING STRATEGY DESIGNED TO PROFIT FROM FALLING
MARKETS.B. A MOVEMENT IN PRICE FROM ONE LEVEL TO ANOTHER IS USUALLY CAUSED BY A
MARKET EVENT THAT LEAVES A GAP IN THE CHART. - CORRECT ANSWERC. A TERM USED TO
DESCRIBE A TYPE OF ORDER.D. A NEW EVENT IS RELEASED EACH MONTH WITH INFORMATION
REGARDING A COUNTRIES TRADE DEFICIT. WHY? GAPPING HAPPENS WHEN THE PRICE OF A
STOCK OR SOME OTHER TYPE OF INVESTMENT OPENS ABOVE OR BELOW THE PREVIOUS
SESSION'S CLOSE WITHOUT ANY TRADING ACTIVITY IN BETWEEN. THERE ARE FOUR TYPES OF
GAPS THAT SEND SIGNALS TO TRADERS: COMMON (UNEVENTFUL), BREAKAWAY (HIGH
VOLUMES), RUNAWAY (FRENZY OR PANIC STATE OF INVESTORS), AND EXHAUSTING (THE END
OF AN UPTREND OR DOWNTREND). 2. TO REDUCE THE RISK OF TRADING LEVERAGED
PRODUCTS, WHICH OF THE FOLLOWING IS IMPORTANT? A. UNDERSTANDING HOW THE MARKET
OPERATES.B. KEEPING UP WITH GLOBAL NEWS EVENTS WHICH IMPACT FINANCIAL MARKETS.C.
MONITORING YOUR OPEN POSITIONS.D. ALL OF THE ABOVE. - CORRECT ANSWER WHY?
WHETHER YOU ARE A NEW TRADER OR A SEASONED INVESTOR, IT IS CRITICAL TO
UNDERSTAND THE RISKS OF TRADING ON LEVERAGE (BORROWED FUNDS TO INCREASE YOUR
TRADING POSITION). THE BEST WAY TO MITIGATE YOUR RISKS IS BY ATTAINING AS MUCH
INFORMATION AND KNOWLEDGE AS POSSIBLE. KNOWING THE BASICS OF HOW THE MARKET
FUNCTIONS, KEEPING AN EYE ON YOUR INVESTMENTS, AND WATCHING GLOBAL NEWS EVENTS
ARE JUST SOME OF THE MEASURES TO EMPLOY TO LIMIT YOUR RISKS. 3. WHAT BEST
DESCRIBES GOING "LONG" (BUY POSITION)? A. YOU MAKE MONEY IF THE PRICE MOVES
EITHER UP OR DOWN.B. IF THE PRICE DECREASES IN VALUE, YOUR POSITION MAKES A
PROFIT.C. IF THE PRICE INCREASES IN VALUE, YOUR POSITION MAKES A PROFIT. -
CORRECT ANSWERD. NONE OF THE ABOVE. WHY? A LONG BUY POSITION MEANS THAT YOU ARE
PURCHASING THE SECURITY WITH THE INTENT OF IT GOING UP AND THEN TURNING A PROFIT
WHEN IT GOES ABOVE YOUR ENTRY PRICE. 4. WHEN MARKETS ARE VOLATILE, WHICH OF THE
FOLLOWING BEST DESCRIBES TRADING LEVERAGES PRODUCTS? A. SAFEB. HIGHLY RISKY -
CORRECT ANSWERC. DANGEROUS FOR INEXPERIENCED TRADERS.D. BOTH 'A' AND 'C'. WHY?
LEVERAGE CONSISTS OF BORROWING CAPITAL FROM YOUR BROKER TO ACQUIRE A GREATER
STAKE IN A STOCK. WHEN VOLATILITY COMES TO THE FINANCIAL MARKETS, RESULTING IN
IMMENSE GAINS AND SHARP LOSSES, YOUR INVESTMENT BECOMES HIGHLY RISKY SINCE YOU
COULD EXPERIENCE A TREMENDOUS DECLINE. 5. WHICH OF THE FOLLOWING STATEMENTS BEST
DESCRIBES HIGH VOLATILITY? A. WHEN THE PRICE FLUCTUATES IN A VERY WIDE RANGE
WITHIN A SHORT PERIOD OF TIME. - CORRECT ANSWERB. WHEN THE PRICE FLUCTUATES IN A
VERY NARROW RANGE WITHIN A LONG PERIOD OF TIME.C. A TERM USED TO DESCRIBE A
PRICE DECREASE.D. NONE OF THE ABOVE. WHY? VOLATILITY IS BEST DESCRIBED AS AN
IMMENSE MOVEMENT IN INVESTMENT PRICES WITHIN A SHORT PERIOD. THERE ARE VARIOUS
SIGNALS TO MONITOR VOLATILITY: A STOCK HITS NEW HIGHS AND LOWS QUICKLY, MOVES UP
AND DOWN ERRATICALLY, AND RECORDS FAST GAINS AND STEEP FALLS. FOR SWING TRADERS,
THIS CAN YIELD SHORT-TERM PROFITS, BUT IT CAN ALSO FORCE NOVICE INVESTORS TO
BECOME TOO EMOTIONAL. 6. WHICH OF THE FOLLOWING STATEMENTS ARE TRUE? A. FOREX
AND CFD CONTRACTS ARE OVER-THE-COUNTER (OTC) DERIVATIVES. - CORRECT ANSWERB.
FOREX AND CFD'S ARE TRADED ON AN EXCHANGE.C. FOREX AND CFD CONTRACTS ARE NOT
OVER-THE-COUNTER (OTC) DERIVATIVES.D. FOREX AND CFD'S ARE STANDARDIZED FINANCIAL
PRODUCTS WITH RULES SET BY EXCHANGES. WHY? THE FOREIGN EXCHANGE MARKET IS THE
MOST POPULAR INTERNATIONAL OVER-THE-COUNTER MARKET WHERE CURRENCIES ARE
PURCHASED AND SOLD THROUGH A NETWORK OF BANKS. CONTRACT FOR DIFFERENCES (CFDS)
ALSO TRADE OTC THROUGH A NETWORK OF BROKERS THAT MAINTAIN THE MARKET'S SUPPLY
AND DEMAND AND ADJUST PRICES ACCORDINGLY (THEY ARE NOT FOUND ON A MAJOR EXCHANGE
LIKE THE NEW YORK STOCK EXCHANGE). 7. WHERE WOULD YOU PLACE A STOP LOSS (SL) FOR
A BUY (LONG) TRADE? A. ABOVE YOUR ENTRY PRICE.B. BELOW YOUR ENTRY PRICE. -
CORRECT ANSWERC. AT THE SAME RATE AS THE TAKE PROFIT. D. NOT PLACING AT ALL.
WHY? IF YOU ARE GOING LONG ON A TRADE, IT IS BEST TO PLACE A STOP-LOSS BELOW THE
MARKET PRICE. YOU WILL WANT A HIGHER PERCENTAGE DISTANCE AWAY. AT THE SAME TIME,
IF YOU ARE GOING SHORT, YOU SHOULD PLACE A STOP-LOSS ABOVE THE MARKET PRICE.
THIS IS HELPFUL IF YOU CANNOT KEEP WATCHING THE CNBC, BLOOMBERG, YAHOO! FINANCE,
OR MARKETWATCH TICKERS ALL DAY. 8. IT IS IMPORTANT TO PLACE A STOP LOSS ON A
TRADE BECAUSE? A. IT CAN LIMIT YOUR LOSS. - CORRECT ANSWERB. I CAN INCREASE YOUR
GAIN.C. IT GUARANTEES YOU WILL MAKE LOTS OF MONEY.D. NONE OF THE ABOVE. WHY? THE
MOST SIGNIFICANT BENEFIT OF EMPLOYING A STOP-LOSS ON A TRADE IS THAT IT HELPS
MANAGE YOUR LOSSES, WHICH CAN BE CRITICAL FOR INVESTORS WHO ARE TRADING ON
LEVERAGE. IT ALSO MITIGATES LOSS AVERSION BY AUTOMATICALLY EXITING A TRADE
INSTEAD OF HOLDING ONTO YOUR LOSING POSITIONS. ETORO US - FINCEN REGULATION
ACCORDING TO REGULATIONS PRODUCED BY THE UNITED STATES TREASURY'S FINANCIAL
CRIMES ENFORCEMENT NETWORK (FINCEN), THERE IS NO TRADING KNOWLEDGE ASSESSMENT.
THE PRIMARY REASON IS THAT THERE ARE LIMITATIONS ON THE ASSETS, NAMELY
CRYPTOCURRENCIES, THAT YOU CAN TRADE. CONCLUSION BY LEARNING THE QUESTIONS AND
ANSWERS ABOVE, YOU WILL BE SURE TO ACE YOUR ETORO TRADING ASSESSMENT AND IMPROVE
ON YOUR TRADING FOUNDATION.

Andrew Moran

PLATFORMS

SOLVED: WITHDRAW MONEY & CRYPTO FROM YOUR ETORO ACCOUNT

In today's online investing marketplace, there are many options at your
disposal, whether you are participating in copy trading or buying and selling
stocks. The world is your oyster. Of course, you might have some questions along
the way, which is perfectly fine, no matter your skill level. One of the most
popular web investing platforms is eToro. If you have ever combed through the
long list of social trading and investment hubs, you may have come across eToro.
If so, let's get to know the fundamentals of the eToro ecosystem, including
withdrawing your money and cryptocurrency from your eToro account. Looking to
withdraw money from your eToro investment account or bitcoin from your eToro
wallet? Not sure how to place a withdrawal request on eToro? We have compiled a
complete guide for these steps to ensure you know how to withdraw funds from
eToro. For more information, read our extensive eToro review. Is It Safe to
Withdraw Funds From eToro? Yes, it is most definitely safe on eToro to withdraw
funds. Your money can be taken out up to the value of the balance of your
account. The process consists of withdrawing money to the bank account you used
to deposit money. Plus, eToro is regulated by the Financial Conduct Authority
(FCA), Cyprus Securities and Exchange Commission (CySEC), and the Australian
Securities & Investments Commission (ASIC). Withdrawing Money From eToro Here is
a step-by-step breakdown of how to withdraw funds from eToro: Click on the
"Withdraw Funds" tab in the menu on the left side of your screen.Insert the
amount you want to withdraw in U.S. dollars.Fill in the electronic withdrawal
form.Hit "Submit," and the money will go to your credit card, PayPal, or bank
account. Withdraw crypto from eToro wallet On the eToro trading platform, you
can withdraw crypto to an external wallet. Here is the step-by-step process: Hit
the "Portfolio" button on your eToro account.Click on the cryptocurrency you
would prefer to transfer.On the list of open trades for that crypto, click on
the specific trade you would like to transfer.Visit the "Edit Trade" screenTouch
"Transfer to Wallet."Finally, click on "Transfer" to start the process. You will
also receive a notification that confirms your request has been submitted. A
"Pending Transfer" will appear on your eToro trade line. It should be noted that
you can cancel your request until the transfer is complete. Just keep looking
out for the status of your funds. eToro Withdrawal Fees How much does it cost to
withdraw money from eToro? All withdrawal requests come with a $5 withdrawal
fee. Plus, any withdrawals that are denominated in currencies other than the
U.S. dollar will be subject to a conversion fee. The website also has this
disclaimer regarding your bank transfer withdrawal: "Please note, you may be
charged by the funding provider involved in the transfer (intermediary bank,
receiving bank, or your credit card provider)." How much does it cost to
withdraw crypto from eToro? Cryptocurrency investors will face a crypto transfer
fee by eToro and a blockchain fee. This is a 0.5% fee. The minimum fee is $1 and
the maximum fee is $50. The fees apply to all the cryptocurrencies on the
platform: bitcoin, ether, XRP, litecoin, bitcoin cash, and XLM. eToro Withdrawal
Time How long does it take to withdraw money from eToro? Once your withdrawal
request has been completed, it would take several business days to see the funds
in your account. Depending on your bank or payment method, it could take up to
seven business days for your full eToro withdrawal to be completed. How long
does it take to withdraw crypto from eToro? The withdrawal time for your crypto
investment can take up to five business days. However, it might take a little
bit longer if the company asks for some additional verification documents. You
also need to factor in weekends and national holidays. Be sure to note that
there is a 60-day delay if you used a debit card for your crypto transactions.
eToro Withdrawal Limits Maximum withdrawal There is no maximum withdrawal amount
for your eToro account. Minimum withdrawal The minimum withdrawal amount is $30,
and you must have withdrawable funds available in your account. How to withdraw
money from eToro? The funds are withdrawn using the same method as you deposited
from, meaning that it is sent to the same account. Put simply, you can: Withdraw
funds from eToro to Paypal.Withdraw money from eToro to your debit card.Withdraw
funds from eToro to your bank account. How to withdraw crypto from your eToro
wallet? Can you withdraw crypto from eToro wallet? Yes, you can withdraw the
list of supported cryptocurrencies from the eToro trading platform to an
external wallet. This is done through the mobile application that is available
on Android and iOS devices. All you need is your username and password for
eToro's Money App. How long does it take to withdraw crypto from eToro? There
are two waiting periods for eToro users. The first is that if you funded your
account with a U.S.-based online banking source, you will need to wait seven
business days before you can start a transfer. The second is if you added money
to your account with a debit card, there will be a waiting period of 60 days
before you can begin a transfer. How to withdraw crypto from eToro wallet Visit
the "Portfolio" tab on your eToro account.Choose the crypto you would like to
transfer.When you see the list of open trades, pick the specific trade you wish
to transfer.Find yourself on the "Edit Trade" screen.Click "Transfer to Wallet"
Hit "Transfer" after you have reviewed the transfer's details. Troubleshooting
Reasons why you can’t withdraw funds from eToro There could be a couple of
reasons why you cannot withdraw your money from eToro: If you used a debit card,
you may only receive funds equal to the original deposit.If you are withdrawing
more than the original deposit, eToro may use a different payment method listed
on file or request bank wire transfer information.If the transaction is
complete, and it shows next to the status of your funds, you might need to
contact your bank for more information.Be sure to check your inbox or spam
folder for messages from the eToro team. Withdrawal problems are common, so do
not panic if your withdrawal request does not go through right away. How do I
reverse an eToro withdrawal? Here is a step-by-step breakdown of how to cancel
or reverse your withdrawal request: Visit the withdrawal request page or head to
the "Withdraw Funds" tab on your trading account.Hit the "Click Here" link when
the pop-up message appears, allowing you to see your withdrawal history.Click
the "Reverse" button that appears next to the withdrawal request.Confirm that
you are canceling the request.The funds will be returned to your account. It
should be noted that if "In Process" appears in your transaction status, you can
no longer cancel your request. Withdrawing Your Money is Easy as 1-2-3! Overall,
withdrawing your money from your eToro account is as easy as 1-2-3. If it wasn't
before, you know how to withdraw funds from eToro. You deposited your funds,
made a profit from your initial investment, and now you wish to cash out and
send your earnings to your bank account. Enjoy!

Andrew Moran

TRADING SERVICES

LEVERAGE ON AVATRADE: WHAT IT IS AND HOW TO CHANGE IT

As the financial markets continue to become democratized and far more accessible
than what they were even 20 years ago, investors - seasoned and novices alike -
enjoy a greater number of options at their disposal. From trading commodities
online to purchasing cryptocurrencies at an affordable rate, it is incredible to
see the birth of new trading platforms. But one outlet helped pave the way for
many of today's websites and armchair investors: Avatrade. Haven't heard it?
Let's get acquainted, particularly on a popular form of trading known as
leverage. Why Use AvaTrade? Avatrade was launched in Ireland in 2006 with the
objective of giving users an alternative to the major financial institutions.
Today, traders can utilize the Avatrade platform to trade stocks, commodities,
foreign exchange, CFDs, and AvaTrade cryptocurrencies. It is essentially a
one-stop-shop for seasoned and novice investors. But the primary question that
many have is this: Is AvaTrade safe? Avatrade is considered one of the safest
financial outfits since it is regulated in three tier-1 jurisdictions and three
tier-2 jurisdictions. Put simply, Avatrade is regulated by several substantial
entities, including: Central Bank of IrelandAustralian Securities and
Investments Commission (ASIC)Japanese Financial Services Agency (FSA)Financial
Sector Conduct Authority (FSCA) in South AfricaAbu Dhabi Global Market
Authorities Financial Services Regulatory Authority (ADGM – FSRA) The platform
also maintains something called AvaProtect. This is an insurance product on the
platform that allows you to ensure your trade for a specified period of time.
The company will refund you should you suffer any losses during this window. One
of the frequently discussed components of Avatrade is leverage. What is leverage
trading stocks anyway? What is Leverage Trading on AvaTrade? What is Leverage
Trading? Leverage trading, also known as margin trading, is when investors
borrow funds from a broker to open or add a position in an investment that is
greater than the capital you possess in your account. This means that traders
can exploit leverage for AvaTrade bitcoin trading, AvaTrade stocks, commodities,
and forex. Of course, there is risk involved. If your losses are accumulating,
the broker might trigger a margin call, and your holdings will be liquidated. In
a volatile environment, AvaTrade recommends its users to manage their leverage
wisely since it is easy that a position can move against you. And, yes, since
you are concentrating on leverage, do not forget about the other things, too.
For example, the AvaTrade spread for forex currency pairs! Does Avatrade offer
its clients leverage? Yes. The Avatrade maximum leverage offered on the platform
is 400 to 1. However, this ratio is lowered to a maximum of 30 to 1 if your
account is held within the European Union (EU). There are some rules, too. For
instance, Avatrade will require its retail traders to maintain equity of at
least 50 percent in certain trading and options accounts. Since there are
different leverage ratios, how do users adjust their leverage settings? When you
open a trade, you insert the leverage position you are willing to take on. So,
for Avatrade bitcoin leverage, you can trade up to two to one. How Much Leverage
Does AvaTrade Offer? The maximum leverage offered on AvaTrade is 400 to 1. But
if you are situated in the European Union, the maximum leverage is lowered to 30
to 1. If you want to get involved in AvaTrade Bitcoin leverage, you can receive
up to 25 to 1 for non-EU residents and 2 to 1 for EU residents. AvaTrade also
offers leverage for CFD trading of 33 to 1. Also, for stock index CFDs, it is 20
to1 and stock CFDs are 5 to 1. Suffice it to say, AvaTrade leverage in Canada or
AvaTrade U.S. margin is slightly different than AvaTrade leverage in Europe. How
to Change Leverage on AvaTrade First, in order to start trading leverage on
AvaTrade, you will need to have sufficient funds in your client account so you
can meet a margin call on AvaTrade. This is critical for both AvaTrade margin
requirements and to protect yourself from substantial losses. Now, on the
AvaTrade platform, you cannot alter the default leverage level of its products.
This could prove to be challenging for the less experienced investor since
preset leverage ratios could be too high for you. Is Leverage Right for You?
While leverage can be a great tool to increase your gains, it can also
exacerbate a downturn in your portfolio. The company even writes on the website:
"Leverage is a very complex financial tool and should be respected as such.
While it sounds fantastic in theory, the reality can be quite different once
traders come to realize that leverage doesn’t only magnify gains, but it also
magnifies losses." Unless you have the capital (and a little bit more) to
support your losses and to meet the AvaTrade margin, you should limit your
exposure to leverage — or, better yet, ignore it altogether.

PLATFORMS

WITHDRAWING FROM BITMART: LIMITS, FEES, ISSUES, AND HOW-TO

BitMart has become one of the most popular cryptocurrency exchanges today,
despite launching in 2017. Whether you are searching for the best exchange
tailored to your needs or you have joined the BitMart family and have some
questions to ask, we have compiled a guide on the basics. From wondering how to
withdraw USDT from BitMart to your bank account or curious about the withdrawal
fees on Bitmart, we have got you covered. How to Withdraw From BitMart Knowing
how to withdraw funds from BitMart is as easy as one-two-three. All it takes is
a few clicks. Here is a step-by-step breakdown of the process: Log in to your
BitMart account.Click "Withdraw" on the upper right corner or hit "Balances" on
the left side column.Whether you want to withdraw Bitcoin or Ether, hit
"Withdraw" for the cryptocurrency of your choosing.Insert the address and the
amount and click "Withdraw." But does BitMart have withdrawal issues for
transferring funds to your bank account? While BitMart does possess different
limits and fees for withdrawals, you can withdraw your Bitcoin in U.S. dollars.
Or, if you're ok facing withdrawal fees on BitMart, you can complete a wire
transfer out of Bitmart that costs $50. Wait a minute. That's it? Most
certainly! After you have incurred capital gains and losses, does the money go
to your wallet? It should be noted that BitMart is an exchange and not a wallet,
and users are urged to utilize a hardware wallet. Moreover, BitMart controls hot
and cold wallets: only 0.5% of the company's assets are stored in a hot wallet
for daily operations, while the remaining are placed in an offline wallet.
BitMart Withdrawal Fees BitMart does possess withdrawal limits, and some say
that BitMart fees are high. But you be the judge based on this list of the
withdrawal costs associated with some of the more popular virtual tokens around:
Bitcoin (BTC) 0.005 minimum withdrawal0.0005 BTC withdrawal fee Ethereum (ETH)
0.01 minimum withdrawal0.005 to 0.2 ETH withdrawal fee Tether (USDT) 10 minimum
withdrawal2 USDT withdrawal fee BitMart Token (BMX) 500 minimum withdrawal50 to
100 BMX withdrawal fee Stellar (XLM) 100 minimum withdrawal0.01 XLM withdrawal
fee EOS (EOS) 5 EOS minimum withdrawal0.2 EOS withdrawal fee Ripple (XRP) 0
minimum withdrawal0.2 XRP withdrawal fee Avalanche (AVAX) 2 minimum
withdrawal0.1 AVAX withdrawal fee Solana (SOL) 0.5 minimum withdrawal0.01 sol
withdrawal fee Cardano (ADA) 40 minimum withdrawal1 ADA withdrawal fee Dogecoin
(DOGE) 500 minimum withdrawal6 DOGE minimum withdrawal Ultimately, withdrawal
fees are routinely modified based on blockchain conditions. Moreover, if you're
ok facing withdrawal fees on BitMart, you could complete a bank wire transfer
that costs $50. Limits of Withdrawing From Bitmart For the most part, the
BitMart withdrawal time can take up to 12 hours to fully process. Plus, it can
take up to three business days for the transaction to clear. However, there are
circumstances whereby there might be some technical mishaps that could add to
the time, such as you can't withdraw from BitMart or a BitMart withdrawal is
restricted. When these withdrawal issues occur, knowing how long a BitMart
withdrawal takes could be anyone's guess. Because BitMart makes the tax filing
process as simple as possible, you do not need to worry about the website being
shut down by the authorities and your BitMart withdrawal getting greyed out. The
BitMart ecosystem facilitates tax filing to the Internal Revenue Service easy to
do. The Bottom Line Let's be honest: Every cryptocurrency exchange, trading
platform, or wallet will have its own series of restrictions, fees, and limits.
This is why it is important to equip yourself with the knowledge to ensure you
have selected the best avenue for your crypto needs. So, whether it is learning
how to cash out on BitMart or finding out how to withdraw XRP from BitMart,
always do your due diligence!

Andrew Moran

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IS THE YOKOHAMA TRADING PLATFORM IN SOUTH AFRICA LEGIT

WITH THE RISE IN POPULARITY OF ONLINE TRADING, MORE AND MORE ONLINE PLATFORMS
HAVE ARISEN, AND, UNFORTUNATELY, MANY SCAM PLATFORMS HAVE APPEARED AS WELL.
NAMELY, MANY QUESTION THE RELIABILITY AND SAFETY OF THE YOKOHAMA TRADING
PLATFORM SINCE IT HAS ADVERTISED ITSELF AS A TOP TRADING PLATFORM FOR BEGINNERS
IN SOUTH AFRICA. IN THIS YOKOHAMA TRADING INVESTMENT REVIEW, WE WILL COVER THE
RELIABILITY OF THIS PLATFORM AND WHETHER OR NOT IT IS A RELIABLE PLACE FOR FOREX
TRADING. CONTINUE READING TO LEARN MORE. YOKOHAMA TRADING PLATFORM REVIEW FEES
RELIABLE PLATFORMS DO THEIR BEST AT OFFERING THE LOWEST POSSIBLE FEES, ENSURING
THAT EVERY TRADER GETS A SATISFYING EXPERIENCE WHEN OPENING A POSITION ON THE
MARKET. UNFORTUNATELY, WITH YOKOHAMA TRADING, THIS ISN'T THE CASE. EVEN THOUGH
WE COULDN'T FIND THE EXACT FEES THE PLATFORM CHARGES PER TRANSACTION, THERE ARE
A LOT OF ONLINE REVIEWS SHAMING THE PLATFORM'S HIDDEN COSTS. IN SIMPLER TERMS,
THIS MEANS THAT YOU'LL GET PROMISED TO RETAIN MORE MONEY WITH EVERY TRANSACTION
UNTIL, LATER ON, YOU'LL FIND THAT A SIGNIFICANT PART OF YOUR BUDGET HAS BEEN CUT
BY HIDDEN FEES. SERVICES NBR TRADING YOKOHAMA OFFERS FINANCIAL SERVICES FOR
RETAIL INVESTORS IN SOUTH AFRICA. AT FIRST SIGHT, THE NBR YOKOHAMA TRADING
PLATFORM WILL LOOK LIKE A RELATIVELY SOLID BROKERAGE TO INVEST YOUR MONEY IN, AS
YOU'LL RECEIVE TONS OF OPTIONS FOR CFD TRADING ON STOCKS & SHARES ALL OVER THE
WORLD. THIS PLATFORM OFFERS TRADING BITCOIN, AND OTHER CRYPTOS, THOUGH WE WOULD
STRONGLY ADVISE AGAINST REGISTERING FOR TRADING HERE. SHOULD YOU USE THE
YOKOHAMA TRADING PLATFORM? NO, YOU SHOULDN'T USE THE YOKOHAMA TRADING PLATFORM.
THERE HAVE BEEN THOUSANDS OF ONLINE REVIEWS AGAINST THEM, PUTTING THEM ON A FAKE
FOREX BROKERS LIST YOU SHOULD AVOID. THE TRUTH IS THAT YOU SHOULDN'T WASTE YOUR
TIME WITH SUCH A PLATFORM, AS THERE HAVE BEEN MANY TRADERS WHO HAVE ALREADY BEEN
SCAMMED FOR THOUSANDS OF DOLLARS. NAMELY, THIS TRADING PLATFORM HIDES THE LACK
OF ITS AUTHENTICITY BEHIND THE NAME YOKOHAMA, WHICH IS A RELIABLE TIRE COMPANY
BASED IN TOKYO, JAPAN. ON THE OTHER HAND, THE YOKOHAMA TRADING PLATFORM HOLDS
THE NAME OF THIS REPUTABLE ORGANIZATION BUT IS A FRAUDULENT BROKERAGE WITH
OFFICES IN SOUTH AFRICA. THE PLATFORM DOESN'T HOLD ANY RELEVANT LICENSES FROM
RESPECTABLE LICENSING BODIES, NOR IS IT REGULATED UNDER THE LAW OF ANY
GOVERNMENT. THIS MEANS THAT YOU SHOULD AVOID THE YOKOHAMA TRADING PLATFORM AND
STICK TO THE BEST FOREX BROKERS IN SOUTH AFRICA. ALTERNATIVES TO THE YOKOHAMA
TRADING PLATFORM THERE ARE THOUSANDS OF FOREX TRADING & CFD BROKERAGE
ALTERNATIVES YOU CAN GO FOR OTHER THAN THE YOKOHAMA TRADING PLATFORM, SO THERE
REALLY IS NO EXCUSE FOR RISKING YOUR MONEY THERE. IF YOU'RE NOT SURE WHERE TO
START, WE WOULD RECOMMEND CHECKING OUT SOME OF OUR TOP SOUTH AFRICAN FOREX
BROKERS AND SEEING WHICH ONE OF THEM APPEALS TO YOU. A NOTE WE WOULD LIKE TO
MAKE IS THAT THERE ARE A LOT OF CRITERIA YOU SHOULD GO OVER BEFORE REGISTERING
AT A BROKER. FOR STARTERS, A REPUTABLE BROKER WILL DO ITS BEST TO OFFER TRADING
EDUCATION RESOURCES, AND OTHER MANY SERVICES YOU MIGHT FIND USEFUL, LIKE FOREX
TRADING AND TRADING BITCOIN. WE ALSO SUGGEST THAT YOU CONSIDER GOING WITH A
BROKERAGE THAT OFFERS AN APP DOWNLOAD, SO YOU CAN EASILY SEE YOUR PORTFOLIO AND
MANAGE YOUR TRADES FROM YOUR SMARTPHONE ON THE GO.

Brokereviews Staff

PLATFORMS

SOLVED - THE ANSWERS TO PLUS500’S TRADING KNOWLEDGE ASSESSMENT

For traders searching for a new trading platform that offers a broad array of
assets, perhaps Plus500 has been on your radar for a while. But what about
regulations? This is a common concern for investors who stray from the big banks
and well-known investment arenas. Well, for Plus500, you do not need to be too
concerned since it is a highly regulated global fintech and trading services
firm. Since its launch in 2008, the company has gathered authorization and
regulatory oversight by a wide range of organizations and institutions: Cyprus
Securities and Exchange Commission (CySEC)Australian Securities and Investments
Commission (ASIC)Israel Securities Authority (ISA)Seychelles Financial Services
Authority (FSA) Monetary Authority of Singapore (MAS) Remember, if you are in a
European country, most nations in the region will fall under CySEC regulation.
Knowledge Questions—Plus500CY regulation 1. When you make a deposit of AU$1,000
and the instrument leverage is 1:100, what is the maximum leveraged amount you
can trade with? AU$200AU$30,000AU$100,000 - correct answer Why? Because you put
down $1,000 and the leverage ratio is 1:100, you can only trade with $100,000.
2. You have set a stop loss on your position. If the market moves rapidly and
gaps through the price you have set, what will happen? If your share price gaps
lower and starts the trading session at $25, your stop-loss order will be
converted into a market order. Your position will then be closed at the next
available price, which is applied even if the security is trading way below your
stop-loss level. Knowledge Questions—Plus500AU regulation Important now: your
answers to the following questions will determine your eligibility to trade with
Plus500. 1. In order to avoid account balance falling below minimum margin
requirements, who is responsible for adding funds to your account? Plus500I am
responsible - correct answerMy bank Why? Although your trading platform might
trigger a margin call, it is ultimately your responsibility to add money to your
account when the balance slides below the minimum margin amount. 2. Where there
is unexpected news in the market, it will be more likely the market will Become
more volatile - correct answerRemain unchangedShut down Why? If there is one
thing that financial markets do not like, it is uncertainty, be it a
geopolitical fallout or a central bank instituting a policy out of left field.
3. What is a spread? The difference between the bid price and ask price -
correct answerWhen a company publishes its yearly reports Holding positions for
long time periods Why? Whether you are trading stocks or forex, the spread is
the difference between the two prices (bid and ask). The ask price will exceed
the bid price for an asset in the market. 4. You have set a ‘Guaranteed Stop’ on
your position with a guaranteed stop level. What will happen if the market gaps
through the price you have set? My position is guaranteed to be closed at my
guaranteed stop level - correct answerA stop loss cannot close my positionMy
position is not guaranteed to be closed at my guaranteed stop loss Why? Like a
stop-loss, a guaranteed stop is a kind of stop-loss that makes sure your
position is always closed at your pre-selected price. 5. When you buy a share
CFDs (Contract for Difference) You are entitled to the difference between the
open rate and close rate but you do not own the underlying asset - correct
answerYou own stocks directly in you name exactly as if you purchase shares from
a stock brokerYou have the same voting rights as a regular share holder Why?
With Contracts for Difference (CFD) trading, you are trading based on the
movement of the price. You will not take delivery of the asset you are buying
and selling on the open market. 6. If you take a short CFD position You expect
the price of instrument to fall - correct answerYou expect the price of
instrument to riseYou always have less risk than a long position Why? A common
strategy in the financial markets is by speculating that the price of a
security, be it stocks or commodities, will fall. This is known as
short-selling, or shorting. 7. The higher the leverage: The size of transaction
I will be able to be open will be larger - correct answerPrice changes have a
greater impact on profit lossSmaller fluctuations may cause faster automatic
closing of the transactionAll answers are correct Why? Leverage trading is a
popular speculative investment tool since you can initiate greater positions
than the capital you have deposited when you open an account on Plus500. In
fact, you only need to invest a small percentage of your position with a sizable
leverage ratio. Trade Today! Now that you have improved your investment
knowledge with Plus500 questions, you can begin your investment journey today,
whether it is adopting CFD gold trading or traditional index investing. As long
as you take a slow-and-steady approach as you familiarize yourself with Wall
Street or London, you can enjoy the fruits of the stock market.

Andrew Moran

DAY TRADING

BEST INDICATORS FOR FOREX DAY TRADING

In this brief article, we will be talking about the most profitable and accurate
indicators for day trading Forex so that the life of every day trader could be
made a little easier. A forex indicator is a technical indicator (i.e., measure)
that helps the trade examine the market's data. Forex indicators take many
things into account, including currency price, volume, and market performance.
With the help of the indicators mentioned in this article, you can make better
predictions about the behavior of the market in the future. This is exactly why
they're a hot topic among traders, as they're set-in-stone algorithms, many of
which have stood the test of time for decades on end. Thousands of day trading
strategies have been built on these indicators, and many of them have been
successful. So, at this point, it must be quite clear to you what signal and
forecast indicators are and why they are important for day trading. Now, with
that behind us, let's take a look at the best indicators for Forex day trading.
The Top Indicators Used in Day Trading When looking at the best indicators, it
is important to understand their workings and how exactly they will impact your
trading decisions. Let's look at the three best forex MT4 indicators with a
brief explanation of how they work and what they indicate. 1. Uptrend/Downtrend
By looking at this trend, you can get an idea about the market's current
momentum. Namely, analyzing all the historical highs and lows can be quite a
valuable piece of data for your day trading choices. Although the market
incentive isn't always right, more often than not, it's worth paying attention
to. Most experts regard it as being the simplest—yet the most accurate—forex
indicator. Relative Strength Index (RSI) If you've dabbled in forex trading in
the past, you've probably already heard of RSI—an oscillator that indicates
whether the market is overbought or oversold. With most assets, you can tell
that a market is overbought when the RSI value goes over 70. On the other hand,
when a market is oversold, the RSI value will drop below 30. Namely, the RSI
indicator alone may not prove to be the most important one for day trading, as
it can be easily influenced by sharp and sudden price changes, causing it to
give false signals on rare occasions. However, an experienced trader will be
able to look at the RSI index in combination with other important signals and
principles, like the 25k day trading rule, and effectively set themselves up for
a successful run in the forex market. Exponential Moving Average (EMA) The EMA
can be quite a beneficial day trading indicator and is primarily used in
conjunction with the RSI. Using these two chart indicators together often makes
for an accurate reading of the market, making day trading forex successfully a
much easier feat. Regarding the latter, the EMA works by weighting prices and
then giving a reading to gauge the market situation. Much like the RSI, the EMA
index can be influenced by sudden changes in market prices to give out an
inaccurate reading. Still, when used in conjunction with the RSI by a relatively
experienced trader, it can prove to be an excellent tool for forex day trading.

Filip Dimkovski

DAY TRADING

GUIDE TO DAY TRADING STOCKS FOR BEGINNERS

When the global economy was shut down due to the COVID-19 pandemic, millions of
people had nothing to do except watch CNBC, stare at their Robinhood trading
accounts, and speculate on bankrupt companies. Dave Portnoy of Barstool Sports
became the poster child for this activity, admitting that he would eventually
stop day trading when the economy reopened. Well, the time has come. Countries
are reopening, but are individuals abandoning their day trading strategies to
return to some semblance of normalcy? Not quite. It is still a popular
investment tool for many armchair traders who have developed a knack for finding
patterns and enjoying a portfolio that is in profitability territory. For those
who are entering this investment realm, there are many things you need to know
before diving into volatile stocks or installing the latest day trading software
on your computer. Suffice it to say, day trading is not as simple as "buy low
and sell high." What Is Day Trading? Day trading consists of buying and selling
an asset repeatedly within a trading session and then closing your positions by
the closing bell. Day traders can be institutional investors and retail traders
looking to generate a positive return by speculating on the movement of
exchange-traded funds (ETFs), futures, commodities, stocks under $5, forex,
CFDs, and more. Things to Do Before Trading With Real Money When investing in
the stock market, it is crucial to become acquainted with a wide range of
factors before you begin trading. This is critical as it will ensure you are
equipped with the knowledge to increase your day trading or swing trading
acumen. To help you out, ensure you do the following things: Learn the
Terminology So, what terminology should you know? Let's list off a few that are
imperative for day traders: Pattern Day Trader (PDT) This is an investor who
executes at least four trades of a security in a five-day period and holds a
minimum account balance of $25,000 (this is known as the over 25k day trading
rule). Bid/Ask Price The bid is the price investors are presently bidding at,
while the ask is the price traders are asking to sell the stock at. Float The
number of outstanding shares available to trade in the open market. Scaling A
day trader enters a position by partially scooping up shares at $4.75 and then
adding more shares at $4.99. Scalping The investor will profit off small
intraday price movements and turn a quick profit by trimming at the top. Learn
the Strategies Every day trader should utilize a strategy rather than buying and
selling on a whim. This could consist of monitoring charts, engaging in
technical analysis, or using specific tactics. Essentially, not using a strategy
is like walking around blind without a cane. So, what type of plan should you
incorporate into your overall day trading strategies? There are quite a few, but
only a few are popular, such as the following: Bullish flag pattern A bullish
flag formation can be located in stocks that enjoy impressive uptrends and flash
good continuation patterns. To help you spot this, read our beginner's guide to
candlestick charts. Pullback trading First, find an investment that maintains an
established upward trend. Second, spot a price decline from the trend. Third,
pick your entry point and hit the buy button on your list of volatile stocks.
Buy the rumor, sell the news Be it a war in Europe or disappointing corporate
earnings, you can garner a position in a stock or commodity ahead of the news
and then sell the asset when the developments come out. EMA indicator The
exponential moving average (EMA) indicator is an average price calculation over
a period that emphasizes the most current price data. Practice With Demo
Accounts Indeed, day trading can be challenging. If knowing how to pick stocks
for day trading was easy, everyone could do it and turn a quick profit. While
most day traders lose money, many are successful by sticking to a routine: wake
up early, study the markets, and remove emotion. That said, you can perhaps
maintain a pattern of profitability by practicing this investment strategy. The
best way to hone your craft is by opening a demo account or participating in a
trading simulator. This way, you are not using real money and can test out other
charts, strategies, and indicators. What You Will Need to Day Trade Ultimately,
there are three necessary things you will need to day trade properly and
successfully: 1. A Brokerage Account Before you begin day trading, you will need
a brokerage account, which you can determine by best order execution, platform
technology, or mobile app. To help you choose, read our Top 6 Forex Brokers for
Day Trading. 2. Finances And, of course, if you are a professional day trader,
you will need to fund your account with a minimum of $25,000. Is day trading
without 25k feasible? Yes, but you will need to make some adjustments. 3.
Strategy Next, pick your day trading strategy. Remember, it will not be your
eternal investment tactic. As time goes by—and you become more seasoned and
easily identify patterns—you will start utilizing different strategies. Should
You Day Trade Stocks as a Beginner? In the end, day trading can be a risky
endeavor. You are investing with large sums of capital and, if this becomes your
career, your earnings will depend on how well you do in the financial markets.
Put simply, you will need to understand your risk. Is this a daunting task?
Absolutely. At the same time, with enough practice and gathering as much
information as you can, you can build a fierce trading arsenal that will produce
tremendous results. Every day trader is still striving to improve by learning as
much as they can. The market is constantly evolving, and it is important you
evolve with it to be successful.

Andrew Moran

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