Hi fellow Pippers.
The past few weeks I’ve been playing around with trading and decided to join plus500. I have been toying around on the demo part of their website whilst reading through pip school. To give you an idea of my activity on plus500, I work a six day week allowing me to trade from 6pm GMT Mon-sat and all day Sunday. I have dreams of one day in the future being able to leave my job and trade full time, but for now its just a hobby with and basically a training course. As I mentioned earlier I have been going through the pip school very carefully but there are some thing that I’m struggling to pick up which I understand as it is a lot to take in and will almost certainly take more than two weeks to find my feet. I plan to complete the pip school section and then retake it to improve on the sections I’m weak in/did not pick up well. So far on demo my luck has been 50/50 earning big on trades then losing the majority on the next few.
the questions I have for any more experienced traders are as followed:
- Based on my activity, which is the best type of trade for me at the moment? (short in and out trades, full day trades, week trades etc.) ?
- Can anyone recommend any better trading platform to use or is plus500 suitable for me?
- Once I do decide I am ready to go live what is a good initial balance to begin with?
- is it best to place orders before the market opens based on research or is it better to trade whilst the markets are live?
I look forward to hearing all your tips and tricks!
Thanks guys :13:
Craig.
P.S this website is epic!!