Buying / selling Shares info

Out of context: Reply #4

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  • maikel0

    You can always ask Hedge, but if he's not around you can should do a little research into WHAT you want to buy/sell there are many financial products that you can profit from, depending on your risk appetite.

    My suggestion is to talk to your bank to see if they have any products or platforms. They will have a limited range of products but it will be simpler.

    To give a go as to how good or bad you are, you can try using a simulator. Most on-line trading platforms will allow you to use a simulation account to test strategies before using real money. You should use a simulator for at least 6 month before even trying to use the real deal. Otherwise you will have the same chances of winning that playing poker on any casino.

    I currently use several platforms and various products. The one I like best is provided by saxo bank. MCM isn't that good and Barclays have very little products in offer.

    One of the simplest products to trade or to understand are FXs - contracts for buying/selling currency highly leveraged. You can also make a lot of money with very little capital (or lose all in a couple of minutes).

    The best recommendation I can give you is to avoid fantasising about become millionaire overnight. It does happen, but kind of rarely. You can expect to make A LOT more money that keeping your money in the bank, tho.

    - If you want specific info, drop me a line.

    • +1 on last paragraph.monospaced
    • Learning that costed me a few thousands in losses : (maikel

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