Jump to content

Ideas on which markets to start day trading


Guest Morph

Recommended Posts

Guest Morph

I have returned to IG Trading after jumping in three years ago and losing £500 almost straightaway. I hasten to add this was totally my mistake being too bold and very naive! I want to give it another go and start day trading but start very small with the aim of gaining knowledge and increase funds at a much slower pace. Before I start can anyone recommend which markets to start trading on or markets more suitable for people like me wanting to day trade and learn slowly with the aim of gaining experience and knowledge. 

Link to comment

Hi @Morph,  I would suggest usdjpy to trade while keeping an eye on eurusd or FTSE to trade while keeping an eye on Dow.

Both dollar/yen and ftse are relatively stable markets (even with the brexit drama). Keeping an eye on the other asset at the same time will reveal correlations which will help with decision making.

I would also recommend looking at this free trading study guide;

https://drive.google.com/file/d/1UJBLRa9Sh0PZ0vL_wI9uDVbIRxVUdazE/view

Link to comment
Guest Morph

@TrendFollower, I have an investment portfolio so know a little about the markets & feel it is the right time to trade but trade more cautiously than couple of years ago.  I fancy starting with FX and use a sniper type approach getting in/out at haste whilst analysing candle movement/size 

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • The digital landscape is undergoing a profound transformation as attention, once a freely given commodity, is increasingly recognized as a valuable asset. Layer3 is at the forefront of this revolution, pioneering a new economy where attention can be owned, traded, and monetized   This innovative approach empowers individuals to monetize their engagement, providing unprecedented control over personal data. Simultaneously, advertisers benefit from transparent metrics that optimize campaign performance. Content creators are presented with diverse revenue avenues beyond traditional advertising, while the overall ecosystem experiences a more equitable distribution of value.   The implications of Layer3 extend across various sectors. Social media platforms, for instance, can leverage this technology to revolutionize user engagement and monetization strategies. Tokenomics play a crucial role in driving Layer3's economy, incentivizing participation and rewarding value creation. While challenges such as data privacy and market volatility exist, the potential benefits of Layer3 are immense   Anticipation is building as its native token $L3 is on Bitget Pre-market as users await its listing on the exchange. This milestone is expected to significantly increase the token's visibility and accessibility, potentially driving substantial growth and attracting new investors. As the countdown begins, the crypto community watches with keen interest, eager to see how Layer3 will perform in this new chapter.
    • I've been exploring the world of play-to-earn gaming recently, looking for something that's not just about endless grinding but actually offers a fun and rewarding experience. OGC really stood out to me because it combines gaming with a sense of community in a unique way. OGC isn't just a game; it's a platform where you can play, earn, and even help shape its future. You're not just a player; you're part of a community with a voice. The idea of earning crypto while playing games is exciting, but what makes OGC special is its focus on community involvement. Your feedback can directly influence the development of the game, which is a big deal. I've also heard that the OGC token is available for pre-market trading on Bitget. While I'm still getting to know the platform and its features, it's definitely something to keep an eye on. Has anyone else tried OGC? What has your experience been like? I'd love to hear your thoughts and any tips you might have.
    • I am anticipating the impact of this listing on Mongy. 
×
×
  • Create New...
us