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TSR Trading Society- future millionaires unite! Watch

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    (Original post by Wienerwald)
    My trading activities are going quite well, so far never ended a month with losses. I am mainly focused on commodities and indicies. Sometimes FX comes into play, however I am usually less profitable at it. My trades usually have a time horizon of a few hours.
    any chance you can post your trades live? so we can learn how to trade / follow you. and post reasons for making certain trades..
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    (Original post by ebam_uk)
    any chance you can post your trades live? so we can learn how to trade / follow you. and post reasons for making certain trades..
    I may consider doing that during the upcoming summer. I will have more time for trading during that time.
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    Why do you think the euro didn't rally today? CAC 40 also dropped. My view is that market participants simply took their profits after the rally started by Macron's win in the 1st round of the French presidential elections.
    In addition, I believe we will see a gradual return to trading on fundamentals rather than on political uncertainity. It's very likely that more attention will be paid to the European Central Bank which propably perceives the temporary defeat of populism among euro-area countries as a green light to start taking more decisive steps in terms of monetary policy.
    My perception of the current situation might be wrong in the longer term but at the moment I do not really care about events that might occur a few months from now.


    Share your thoughts, I would really like to see a discussion evolve.

    Chris
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    Hi guys
    I want to get involved with trading as it is something I see myself doing in the future. Is there any point in starting with limited money (£200)? And how long would you say it'd take for me to learn how to trade
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    (Original post by Trapz99)
    Today's trades:
    Jeez, your position on Silver?! Did you not put on a stop loss?!
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    Just opened a long position on VIX future (16 AUG) SL: 11.00, TP: 13.00
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    (Original post by dakofsta)
    Hi guys
    I want to get involved with trading as it is something I see myself doing in the future. Is there any point in starting with limited money (£200)? And how long would you say it'd take for me to learn how to trade
    100% £200 is enough, please only risk what you would be willing to lose - a big part of trading is money management so never put a large proportion of that cash on a trade and always put a stop loss so that you don't hit margin call!

    Also try find a broker that fits your style of trading. If execution is important I would recommend Trading 212; if small spread is important, IG seems to be the best bet! At the end of the day, it's mostly just down to your own trading style and personal preference, so try out demo accounts on multiple brokers before you set up live accounts (though you will get a lot of sales calls, trying to get you to sign up to their live accounts)
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    (Original post by Arran1109)
    100% £200 is enough, please only risk what you would be willing to lose - a big part of trading is money management so never put a large proportion of that cash on a trade and always put a stop loss so that you don't hit margin call!

    Also try find a broker that fits your style of trading. If execution is important I would recommend Trading 212; if small spread is important, IG seems to be the best bet! At the end of the day, it's mostly just down to your own trading style and personal preference, so try out demo accounts on multiple brokers before you set up live accounts (though you will get a lot of sales calls, trying to get you to sign up to their live accounts)
    all fake news pls don't give such bad advice

    £200 is not enough, 20k minimum
    trading 212 and IG are not brokers, mere betting apps
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    (Original post by addingishard)
    all fake news pls don't give such bad advice

    £200 is not enough, 20k minimum
    trading 212 and IG are not brokers, mere betting apps
    20k minimum?! Maybe for professional traders, but retail traders almost never have 20k to risk! I'm sorry but that is just total nonsense. It just depends, like I say, on individual trading styles.
    If you're wanting to make a primary income for yourself then yes I would say min 10k starting. But if you're looking to make a secondary income and are willing to make mistakes and learn, then £200 is a more sensible amount to risk and wouldn't hurt too much if you made a few bad calls.

    I'm not sure how you can call CFD trading, betting apps. IG is the most used retail broker in the UK with CFD, Spread bet AND shares dealing accounts. None of those are gambling. They involve making informed decisions based on your strategy to determine whether the price of an asset will rise or fall. IQ options, is betting and I would never recommend that to anyone.

    Before you comment, I suggest you to proper research instead of branding everyone as though they should be making a primary income out of trading.
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    its a few months late as i just discovered this thread just now.

    i have bought a few companies that has exposure to US as i predict US economy to grow. if the tax cuts (as much as i disagree) passes through, expect US economy to grow stronger.
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    1000$ which is 750 pounds in four days 98%
    But it is in us stocks which are much better than UK stocks
    https://m.youtube.com/watch?t=143s&v=sdlYdTN51I0
 
 
 
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