Unfortunately broker requires several thousand euros of initial deposit to start investing seriously via portfolios. Or maybe I’m missing smth and there are some investment method that can do with a smaller depo?
To tell the truth, normally the portfolios start at five-digit numbers of initial investment. So I don’t even know what to advise.
But I think that once they open new portfolios, they start with smaller amounts, around 1-2 thousands, sometimes a bit more than that.
When one can’t invest in portfolios or access professional asset management, one should start thinking about individual stock portfolio that he can control himself.
Well, I don’t really want to get obsessed with trading (I’m afraid trading stocks can take too much of my time that my family might want to get), but on the other hand there are only two solutions here that I see:
- I can keep saving money and invest when I have 10K on account
- I can invest now via some regular account here, not an investment portfolio.
Both solutions have some pros and cons.
oh, actually there is one more solution - wait for some new portfolios (thnx for letting me know about this option! but i think it might take a while of a waiting time and secondly, I might not want to invest in some new portflio because of its specifics)
I forgot to mention one more important thing that you might want to consider.
You see, traders that don’t really want to trade - they are the best traders in fact. They don’t hunt for emotions, they want to make money, that simple! And this is the best quality that a trader can posess.
So when I read you’ve said you don’t really want to get obsessed with trading, I thought but forgot to tell you - man, you might have a great career of an active daytrader ahead. LOL
Ahahah, dang, I knew something was wrong with me. So that’s the trick! I’ve got the capability to trade actively, but I don’t want to. What a pity!
Seriously, no, I don’t think I can cope with that. I’m a man of non-complicated decisions and step by step instrutions. I’m one of tbhose guys that read manuals LOL
Trading is a very complex think and thousands of factors got to be considered simultaneously. I simply don’t suit this kind of an activity.
I agree! You simply can’t succeed much in something you don’t LOVE DOING. If you don’t like active trading, you shouldn’t try. Better choose some asset manager (Trade.com or not, that doesn’t matter much) - and let them do the job.
I don’t mean to argue with your decisions.The freedom of choice is something that I strongly believe in.
Nevertheless, all that you say does not contradict my theory.
Active trading does not necessarily assume complex decisions and hyperinvolvement in the process. Vice vera! That can be a very simple strategy that you only need to follow. That simple!
The trouble with most of the traders that I know of is that they love to think they are very smart and active. They try to control everything and react fast on each market move. And that doesn’t work. Following one simple strategy can bring LOTS more money than investing tons of effort in struggling with the market. Did you ever try laying on the water surface? If you don’t struggle and brreath like you normally do - you float above the water. If you panic, do chaotic moves and STRUGGLE - you sink. The same thing happens with trading.
Huh, I like the analogy 
Even feel like registering a daytrading account with trade. com instead of regretting I’m not in their thematic portfolios.
Well, I have decided not to rush into portfolio investments with Trade.com. It’s because my relatively small capital and lack of experience.
No, I’m not going to do this. Trade.com absolutely suits me when it comes to CFD investing. I can profitably trade with various assets, such as indices, currency, stocks and crypto, etc using leverage. At least, I know how to do this.
It makes no sense. With $1k, I can do something with CFDs
You are absolutely right. Not a good idea to invest what you don’t really own.
CFD trading with this broker seems to be promising, so I will focus on it. As for investments with Trade.com, perhaps, I’ll get back to this once I learn more and have substantial capital.
As I told, I decided to delay portfolio investment with Trade.com, and instead, I jumped with both feet into CFD trading. Fortunately, the brokerage service didn’t ruin my expectations in this regard.
Even on the CFD section of the site, I had a feeling that everything there is expected to cater to high rollers willing to entrust big money to this broker. Out of four available CFD accounts, the only one (Silver) allows to get started with $100, the remaining three have higher entry thresholds ranging from $10,000 to $100,000.
This is a good way of managing my $1,000, I hope. Investing required more than this.
What do u trade exactly?
I have tried nearly everything the broker offers. I traded currency pairs, energies, indices, stocks, not to mention digital coins.
The broker comes up with relatively low leverage. You know that today there are a lot of brokers with higher leverages, hitting even 1:2000. As for much lower leverage with this broker, I personally don’t find it a downside. On the contrary, it gives the chance to consider trading to be smth else rather than a short-term speculative game. It focuses on serious investment. Lower leverages are a distinctive feature of top-notch investment, you know. So, even when trading currencies with this broker using the maximum leverage 1:30, I sometimes feel myself a high roller, haha.
Low leverage helps to calm down, bro. That’s what any trader needs.