in this article you will find out how to make money by trading online
What is online trading ?
Online trading is a popular investment method accessible to everyone on the web
online trading allows you to invest stocks , bonds, commodities and other financial instruments on the web
there are online platforms that allow you to buy and sell financial instruments
the most popular online trading platforms are:
- eToro
- Plus500
- AvaTrade
- IQ Option
How to start trading online?
To start trading online you must first choose a regulated trading platform.
the first thing you need to do is open an account with one of the licensed and regulated brokers who offer financial services
opening an account with an authorized broker allows you to be in good standing, to avoid having problems in terms of authorizations and not to suffer financial scams
regulated accounts allow you to have access to demo accounts, demo accounts are made available to brokers for users to practice in the market
a demo account allows you to do the standard operations of a normal account but with fictitious money
this allows any user to experiment and test strategies without risking real money
and once you have gained a good experience in the matter you can open a real money account and earn online
How do you trade?
To trade you must therefore register with a regulated broker , the most popular brokers are eToro , Plus 500 , AvaTrade and IQ Option
once you have registered on an online trading platform you can send buy and sell orders to the broker of the platform and operate on the securities of your choice
Is it possible to make money with online trading?
Making money with online trading is possible.
trading is an activity that requires a lot of time and effort, unlike what you read in online advertisements
online trading is not a game but it is a work activity and must be treated with the respect and professionalism with which every work activity is treated
indeed unlike a classic job with online trading you can not only earn a salary but you can also lose money
to earn with trading you also need to have a change of mindset, there are some limited beliefs that a person who wants to enter the world of online trading must eliminate
Here are 2 limiting beliefs to overcome before trading online
- trading requires huge capital
- only experts can trade
trading requires huge capital:
this is one of the most common beliefs is that to trade you need to have a huge starting capital
in reality you can do trading even with a few hundred euros , it always depends on the purchase cost of a position on the market
having a great capital facilitates trading because it allows you to hold positions even at a loss
but it is not necessary to have high capital to trade, $500 and $1,000 are sums of money that allow you to trade
certainly they do not allow you to take all positions and participate in the market with maximum potential, but technically they are enough
trading is an activity for experts:
Of course I agree with this statement, because trading is an activity that has several complexities,
the first complexity of trading is to understand the market and how market dynamics can impact the economy and share values
understanding these dynamics is not an easy thing for everyone, but it is also not an impossible thing
it must be remembered that all traders have started from scratch, and all traders have gone through a period in which they have had to practice and study the market
only later did they gain the experience needed to understand the market
but everyone can learn these activities if they invest the time and if they follow the right courses,
How Much Can You Earn With Trading?
with trading you can earn a salary ranging from $19,000 to $22,000 / year for an entry level figure who works in a company, which means a monthly salary between $1,300 and $1,600
also in a company traders have benefits such as health care, performance bonuses and generally a salary increase year after year
the income of a trader who works independently is much more difficult to establish a fixed income
many factors must be taken into consideration for an independent trader, factors such as skill, the assets to be traded, the market , the trading strategy, the risk appetite.
for information I recommend watching this video
How much do you earn with eToro?
the profit with eToro depends on the type of investment you make, generally a trader earns between $600 and $800 per month on eToro but these figures may vary due to different factors
the main factors are the trader’s skill, invested capital, trading strategy, risk appetite and trader experience
highly experienced traders can earn even several thousand euros per month
eToro also allows you to perform social trading activities
social trading is a form of trading that allows investors to observe and copy the behaviors and strategies of more experienced traders
How Much Can You Earn With Forex?
The earnings in Forex are variable and depend on several factors including the choice of the trading platform, the ability to invest according to the rules of the market , the ability to understand and apply the forex trading strategy.
The forex market is an international market where currencies are exchanged. Currency exchange rates are determined by market forces , which are based on trade, interest rates, and other factors.
The forex market is a market open 24 hours a day, characterized by high volatility, small profit margins and the possibility of generating high profits which allows investors to trade currencies at any time