Today Saturday, 31st October 2020
Howard Budgeting School

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Earn Online with Online Trading

Earn Online with Online Trading

If a few years ago the news could still surprise and be new, today no one would be surprised to hear that online trading is one of the most exploited forms of investment in the world and in the Belpaese. In fact, especially in times of economic and social crisis such as those in which we are living, where the average saver has the perception that he can easily earn much more than you could get from other tools such as Bots, online trading is a real mirage with daydreams: all brokers photograph perspectives of huge profits obtainable in a simple way and without even needing a real economic education. It is, however, as often happens, an embellished image of the reality of the facts, even if what has been said is certainly not entirely false.

One of the most popular forms of investment in 2020 was online trading

It is true in fact that with trading you can also earn considerable amounts of money online, and that the platforms available online are now simple, practical, fast and convenient precisely to make the experience the best, simplest and most profitable possible. However, it is false that it is not necessary an adequate financial preparation: of course, even inexperienced traders could get crazy gains by investing in this way, but it would be more like a beginner’s luck that in the long run would hardly resist in the face of complicated market movements. In short, there is no need for a doctorate in economics, but on the other hand, as with any investment, it is definitely better to inform and prepare carefully, in order not to waste time and money in an activity that could have been a success. In any case, forget about earning 5,000-10,000 euros a month as many agencies promise, and try to keep your feet on the ground and your head on the chart. In this sense, inexperience often plays bad jokes, and every year many traders underestimate these fundamental procedures by relying on their skills and luck. Nothing is more wrong when investing.

What often goes unnoticed is the very high percentage of risk usually inherent in this type of operation, which is why returns are so high and losses so frequent. Remember that no one on the financial markets will ever give you anything in this regard. For this reason, we always advise you to set a priori a percentage of your capital to invest around 10%, so that your back is covered even in case of bad choices. Also as always remember to practice initially on the demo account that now almost all brokers offer, so you can test your skills without risking losing real money, and realizing the real disadvantages and advantages of the selected instrument. In this sense it is also convenient to make a balance sheet at regular intervals of their operations, so as to understand the real income and choose how much time and effort to devote to online trading. Even in case of winnings it would be better to save what you earn, so as to create an extra capital derived from trading and finalized to it, which then even if lost would not affect the initial capital of the saver.

One of the most popular forms of investment in 2020 is online trading

In short, there are pros and cons as for every instrument, even if the high percentage of risk is scary because it risks losing everything to the untrained investor, but to tell the truth, we at now want to list the undoubted merits of online trading, such as commission and relatively low taxes, usually no additional costs to trade, immediate withdrawals and deposits, very advantageous trading conditions offered by brokers and the possibility not discounted to trade 24 hours a day every day of the week. Finally, it is certainly a very independent form of investment, a path from which an attentive and wise trader could get not only excellent earnings but above all a lot of experience, which if made profitable will lead to others and more earnings without the need to resort to banks, asset management companies or other intermediaries.


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