Questions regarding trading?

[drin101]

Hi,

Title says it all, I would like to discuss with someone who has knowledge and experience over trading and investing.

 

[Degen]

Hi,

Title says it all, I would like to discuss with someone who has knowledge and experience over trading and investing.
If you have some experience please PM me, I would like to ask a few questions over something that I cannot find answers for online.

Don't get scammed

 

[clark123]

what type of trading? I do forex when I have free time to play with money, shot pm.

 

[drin101]

Don't get scammed

thanks

 

[W1ckd]

Forex vs Crypto = Tomato, Tomatho in the eyes of the right mind.

Are these basic startup questions one can google?
Or do you have a potential strategy to materialize?

 

[drin101]

Forex vs Crypto = Tomato, Tomatho in the eyes of the right mind.

Are these basic startup questions one can google?
Or do you have a potential strategy to materialize?

I've been trading for a few years now, I just happened to find an interesting broker (Spectreai), and wanted to know more about it, it seems like an interesting broker without a broker, yes, without a broker.

 

[W1ckd]

My quick analysis:
Quick google into Spectre.ai seems that their reddit is dead, one post a month.
A Successful broker has much more social activity, even if thats a fake social acitivity, this one even does not have that.

My most trusted source : google shows:
low activity, shady posts, and questions in regards to the platform gives me a chilly feeling.

So your looking for a investment broker and not particular for trading experts themselves

 

[osake]

What kind of trading? Just remember diversification and know the tax implications for short-term trades vs. long-term trades (speaking about U.S., not sure of other countries).

There's a ton of strategies you can learn or follow, but find one that works for you and stay disciplined. What most new traders let get in the way are their emotions. Holding onto something longer than they should hoping something will change and incurring further losses. You will lose trades, but the goal is to minimize those losses.

I'd recommend watching a lot of videos on YouTube and reading a lot of difference sources (and fact checking) when just starting out so you have a solid understanding of everything. Get yourself an account through a legitimate broker and paper trade to practice. If you're successful paper trading try implementing those strategies into some small live trades. It's totally different when you're trading real money vs. paper trading but you'll get desensitized to it after a while.

 

[drin101]

My quick analysis:
Quick google into Spectre.ai seems that their reddit is dead, one post a month.
A Successful broker has much more social activity, even if thats a fake social acitivity, this one even does not have that.

My most trusted source : google shows:
low activity, shady posts, and questions in regards to the platform gives me a chilly feeling.

So your looking for a investment broker and not particular for trading experts themselves

I researched it too and it does seem fishy, but it got my attention since there is no broker and there is also an asset there called EPIC which is available 24/7 and has a payout up to 90%, it is supposedly based on real and historical movements of the EURO vs OTHER CURRENCIES. I found this all interesting and wanted to know if anyone here has ever traded with them or has atleast some knowledge over this broker

 

[drin101]

What kind of trading? Just remember diversification and know the tax implications for short-term trades vs. long-term trades (speaking about U.S., not sure of other countries).

There's a ton of strategies you can learn or follow, but find one that works for you and stay disciplined. What most new traders let get in the way are their emotions. Holding onto something longer than they should hoping something will change and incurring further losses. You will lose trades, but the goal is to minimize those losses.

I'd recommend watching a lot of videos on YouTube and reading a lot of difference sources (and fact checking) when just starting out so you have a solid understanding of everything. Get yourself an account through a legitimate broker and paper trade to practice. If you're successful paper trading try implementing those strategies into some small live trades. It's totally different when you're trading real money vs. paper trading but you'll get desensitized to it after a while.

I understand all of this, I just wanted to know if anyone has experience with that specific broker.

 

[Elvlin]

it's better you put more detail in the question. so people can answer here in the thread. it will avoid people pm you with purpose selling things or scam.
well my 2cent if you want to start trading, or investing. you should do extensive research on the subject (gold, stocks, crypto,etc).
Only trade or invest using cold money. Don't use your emotion, make sure to have concrete plan before trade or investing.

 

[SEOCOORDINATOR]

What kind ? Forex or crypto? I've a tight nit community of FX and crypto traders both killing it. I could connect if you'd like?

 

[drin101]

What kind ? Forex or crypto? I've a tight nit community of FX and crypto traders both killing it. I could connect if you'd like?

it's forex, it's a binary options platform, looks kind of sketchy, has some high payouts and 24/7 assets, but i heard that some people are legit making money there. platform is spectreai

 

[SEOCOORDINATOR]

Shoot me a DM man. I'll get their opinions