Jump to content
  • 0

Demo account

Guest Massengo


3 answers to this question

Recommended Posts

  • 0

you are of course quite right @TrendFollower, the first steps are to do the basic learning first by going through the IG Academy or babypips.com (school) and then practicing and experimenting with the concepts on a demo platform all of which takes months before you are ready to realise this is much harder than first envisaged and then start perhaps looking for peer support.

Having already completed the above mentioned training then peer support on forums such as this is a good next step but not a good first step because until there is a grasp of the basic concepts the discussions bounce off rather than being absorbed and so only lead to confusion and frustration.

So best advice @Massengo is, as suggested in the first reply, do the ground work to gain the basic knowledge first and then join in the discussion with peers on the forum to help continue your development towards that of a successful independent trader.




Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 01/10/23 18:10
  • Posts

    • Sorry, I didn't get it... What's Dual investment? 
    • The crypto market appears to be showing signs of recovery, with significant improvements in the Sharpe Ratios of Bitcoin, BGB, and Ethereum, according to an article published on Friday.  The Sharpe Ratio, a measure used to understand the return of an investment compared to its risk, has seen a notable increase for both cryptocurrencies. Bitcoin's Sharpe Ratio has risen from -2.4 to 0.68, while Ethereum and BGB have also experienced a similar uptrend. This change signifies higher returns at lower risk, which is expected to attract more investors to the crypto market. In addition to the improved Sharpe Ratios, increased network activity and trading volume as shown on CEXs like Bitget, Binance, and a few DEXs are suggesting a healthier market state. The current trading prices of Bitcoin, reflect this overall positive market sentiment. As of Friday, Bitcoin was trading at $27,069.73, BGB at $0.454 and Ethereum at $1,677.89. These developments are significant as they indicate reduced risk in the crypto market. The increase in the Sharpe Ratios for Bitcoin, BGB, and Ethereum suggests that these cryptocurrencies are becoming less risky investments, which could potentially lead to an influx of new investors into the market.  Could this rise in Sharpe Ratios coupled with increased network activity and trading volume point towards a recovering and less risky crypto market?
  • Create New...