How much money can you make trading on exchange?

IQ option trading platform  __

What is trading?

Trading is a new way for traders to make money on the exchange. The essence of investing is to predict the rise and fall of a coin. Trading with high payouts is offered by Binomo broker.

Trading assumes a deposit.

Before you start trading, choose a trading instrument. The list of exchange-traded instruments includes currencies, stocks, precious metals, energy assets and coins. The last group of assets is the most interesting.

With the help of the moving average you can see the moment when the prices make a strong impulse in the direction of growth or decline, and the RSI signal will serve as a confirmation for entry. If the trend remains as it has been, the trader will close the trade on the plus side. It is when the price crosses the moving average and the 50 RSI line that a trade should be made in the appropriate direction.

Icons – Information Traders who like to trade on the trend are advised to take a closer look at the coins-index, the direction of which changes quite rarely, which allows you to earn on the strategy proposed above. Professionals advise to work on the timeframe M5 using the expiration time of 15 minutes.

Trading in financial markets offers unlimited opportunities to make money: you can make a benefit on the rise and fall in prices.

Trading currencies offers high earning potential for traders of any qualification. The coins market now resembles in the early noughties, when even the most primitive trading strategies brought tangible income. Today we will look at what opportunities trading currencies and how you can make money on it.

IQ option has the entire list of currencies

iq option list of cryptocurrencies

If long-term investments in cons is a strategy, which is stretched in time and probably will bring benefit only in some years,  it is possible to receive the income in a minute.

Technically, trading currencies are structured just like any others. The main difference has to do with the lack of regulation of the coin space. At the moment, many leading financial institutions consider currencies to be new, untested and unstable. As a result, trading currencies – remains largely outside of the investment and financial mainstream.

An platform gives an investor the right to buy or sell a coin at a predetermined price within a certain period. Importantly, a platform does not obligate you to buy or sell, but gives you the ability to make a trade at any point prior to the expiration date.

In traditional financial markets, platforms are used to limit risk and make benefits. When trading trading currencies, buyers hope that the price of the asset will rise or fall before the due date. Importantly, potential losses are limited to the amount of premium paid.

Key features of trading:

– Exchange contracts for coin trading technically do not differ much from the usual currency pairs or securities.

– Trading is characterized by high volatility and chaotic mobility, which creates a risk of large losses and the possibility of equally large benefits.

– After the deafening “collapse” that came at the beginning of 2018, the sequence of trading “bulls” strategy no longer works.

– The so-called “signals” or recommendations, which coin trading today, are often a fiction and a way to make money on the trust of beginners.

How to start trading?

Familiarity with market terminology, varieties, history of leading currencies:

  • Choosing a platform for trading currencies. It is desirable to register on several large platforms that have a positive reputation of responsible brokers.
  • Study of trading currencies with an assessment of the opportunities provided by the various platforms and functionality.
  • Choosing specific coin currencies to work with a preliminary analysis of the rate dynamics of each of the leading assets of this category.
  • Determining the optimal moment to enter trading on currency by opening an order and obligatory placing a stop loss.
  • Tracing the rate movement, while waiting for the appropriate moment for transaction completion.
  • Closing of a position on a benefitable point.

The first way to make money on this financial asset is to start issuing Bitcoin yourself. This will require special equipment worth at least 3000 USD and a lot of time to solve algorithms. The maximum you can get in this variant is an income of up to 20 USD per day. The second way to start direct trading of assets on the exchange market – given the value of 1 Bitcoin at the level of 1200-1300 USD, this kind of investment activity will require huge financial assets, but the income can amount to several thousand percent for a short period of time.

If you are determined that it is time to start trading coin currency, make every effort to be financially secure. Only risk what you can afford to lose, make a trading plan and stick to your strategy.

The pros and cons to coin trading

Trading platform allow you to speculate on the future price of an asset by paying a small premium. If your prediction comes in, you can buy or sell the asset at the strike price of the trading contract, meaning you make money.

If this does not happen, you will simply lose your premium. Thus, trading on coin currency is an ideal mechanism for gaining access to financial markets with low risk and high reward.

That being said, trading on currency is much more complicated than buying and selling traditional asset classes, so it is important that you know what you are doing before you part with your money.

Pros

  • There is no need to have a wallet to store currency, and there is no need to study other specialized information. Indeed, trading through a trding broker frees you from the need to study a lot of technical literature. All you need is the ability to analyze charts, acquired on Trading currency pairs.
  • A single trading platform allows you to trade all assets at once. Exchanges, in turn, provide the opportunity to trading only currencies.
  • The availability of leverage allows you to reduce the starting capital. When you trade currencies through trading brokers, you get the same leverage as you would with regular trading. For example, you can buy 1 bitcoin with only a fraction of its value.
  • Trading on currency through brokers that have been proven for years than to trade through exchanges. We will talk about the risks of trading through the latter in the following sections of this article.

Cons

  • Trading costs will usually be higher when compared to trading through exchanges directly. For example, different brokers have a bitcoin spread starting at $9.
  • Often the origin of the quotes is unknown, which may well be different from what you see on other exchanges. That said, in disputed situations, you probably won’t be able to prove anything.
  • In some cases there is no weekend trading.

If you compare the pros and cons to trading there are more pros and if you have long wanted to try yourself in currency trading then now is the right time. Currency trading is a benefitable business. The exchange rate of currencies can fluctuate by tens of percent per day, and therefore capital can increase daily as a result of successful transactions. The reward a coin trader receives for his work depends entirely on himself – how successful his investment strategy and successful transactions will be, the higher the income will be.

One of the most important tasks of an investor is to ensure safe storage of their investments. Web wallets are the most popular among novice users and active traders. They are usually offered on the websites of major currency exchanges, can store any currency purchased, and help quickly sell it or transfer it to other users. However, storing large sums of money in web wallets is not safe, as there is always the risk of hacker attacks that could result in assets being stolen.

You can try to use trading by registering on the IQ option or Ayrex.

The key to a successful career as a trading currencies is sufficient practice of making trades. Only experience combined with solid knowledge of the fundamentals gives you hope for stable profitability over a long period of time. However, to gain practical experience you need to make trades and the inevitable losses at first can be avoided by practicing for beginners in demo mode.

For many traders, a demo trading account is an absolute necessity. It not only allows them to understand how the platform works, but also allows them to use different settings and different reports. IQ Option also offers a demo account for beginners. Unlike other platforms, the demo account here is not limited in time. Users can use the platform and get used to it as much as they like, test trading strategies and new trading features.

When you choose the right coin exchange for you, you have to register on it. Usually, the procedure itself is quite simple and similar to registration on any website – you need to specify basic data about yourself and e-mail. Some exchanges allow you to use their services after that, but you have to go through KYC procedure for full-fledged trading.

IQ option trading platform __

Trading on coin currency in the demo mode online is exactly the same as trading on a real deposit. The same assets are available to the speculator and the same amount of compensation is offered, which is very convenient for further conversion to a real account. You will not have to change anything in your work in the market by switching from demo to real.

The web platform offers all popular technical indicators such as moving averages, Bollinger Bands, MACD and RSI. New features are added to the platform from time to time. Most recently, a feature called “Position Replenishment” has been added, which allows the trader to keep a trade open if it is close to a stop loss. Overall, the web platform is well designed and offers quite a bit of detail at a glance for trading on coin currency.

 

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