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Backstage of exchange: about the complex things in simple words

08/29/2018
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  • trading
  • exchange
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Have you been wishing to try your hand at stock trading for long, but are afraid that it is too difficult? In fact, this is not so, the world of trading is much closer and clearer than it seems.

In order to start participating in trading, it is enough to open a trading account with the broker, transfer money to the broker and install a trading platform.

The choice of broker depends on what you are going to trade. It is quite normal to trade currency on the Forex market, Russian and foreign securities at the same time. The choice of trading platform, by and large, is reduced to MetaTrader 4 and MetaTrader 5. They are reliable and have a very wide range of functions.

Of course, no one is getting in over their heads, not learning to swim, so start trading without proper training is not necessary. But there is nothing complicated or terrible in this: after installing any trading platform, a novice trader will have a demo account on it, replenish it with virtual money and he will be able to study exchange instruments without risk for his real wallet within a month.

It is also important to understand that to start trading you will not need sky – high amounts of money: the size of the entrance ticket of the vast majority of brokers is 7-10 thousand rubles. There is an opinion that it is necessary to begin after all at least with 30 thousand, but it is absolutely not obligatory.

How to trade? First you need to decide who you want to become, a speculator or an investor. In the first case, it would be useful to study technical analysis, in the second – fundamental one. In the first case, you can earn a lot and quickly, in the second – slowly, but even more. The choice is yours.

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