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What are the best markets for beginners to trade?

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What are the best markets for beginners to trade. Francis Hunt, a technical analysis trader and coach comments. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date! Things that are familiar give you a degree of comfort so trading equities (shares) and big companies is not a false start. If starting out, steer clear of small caps and AIM shares which are highly speculative and importantly develop your emotion, system and strategy while doing this. Sticking to FTSE 250 companies is sound. Make sure you are not emotionally distressed or tired when trading. I have opened a trading account but how do I start picking which stocks to trade?
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Text Comments (10)
Khutso Seleke (3 months ago)
Lack of sleeping from immersing yourself will equal to bad trades. That i can attest to.
CRYPTO COMPARE (6 months ago)
Awesome!! love these guys advice.!!
Make4 (7 months ago)
These are really good for a refresh.
zhanezar (9 months ago)
thanks for putting these videos up
Alex Drastico (1 year ago)
"Steer away from 'M'(?) market"?..can't understand what he said and what he means by 'major'..
Bitminer (1 year ago)
A major is ANYTHING that dominates the field. So Templlarius covered Forex majors, Tony Xu covered stocks... As for Crypto the Majors would be the top 5-10 at most and nothing else. Things that have been around for a year or two at least (history wise) and have a good community and consistent development. Examples being BTC, Dash, Monero, Ethereum, Ripple, etc. Major commodities being primarily Oil, Nat-gas, etc. If you want to dobble outside of these things that's fine, even as a beginner, just know the risk is way higher as the market has less volume and general stablitity, be it because it's unproven (in crypto) or it's a small company with a weird niche with lots of competition (in stocks), or if it's just not as common of a commodity like (X)-plant which on a bad or good season can change dramatically as the primary production often resides in few countries and weather is not as controllable as warfare or the like (in regards to oil). I say fuck majors despite being new, as I'm extremely active and have absorbed this field, literally lived and breathed it for the last couple months, and that included (in the case of crypto) this recent crash. Literally had my account cut in 1/2, just saving it from 1/4 to 1/3 through some good trades, and now I'm already up 25% from my original deposits at the tippy top 2months ago. I learned my lessons to say the least, but no major could have saved me from that. That was just bad trading and being stupid and buying into the hype, despite me understanding it, as I bought the "it's different" meme which doesn't exist as products and value is nothing more than a spook and we're just trading fairy dust to be completely honest. I'm 80% in more minor things, but that's because I'm mostly in crypto. For Forex never divert from majors unless you really know a minor inside and out. For crypto, it depends, if you divert from majors you MUST study the company and keep up with the development on a daily basis and if the team seems shit, bail, as speculation is the name of the game. Stocks, it's really a throw-up in my book, I'm not bothering with stocks because I'm confident we're at the top with it (We'll blow before 24,000) and I don't want to have to fiddle with another market that's high-risk like I believe it is. It all depends though. To put it simply, majors in a crash go from 100% to 60-70% typically, minors go from 100% to 20-50% in most things from my observations. The same applies on the way up however from what I've learned. So it's just more volitle/risky generally, and more spooky as there's less information and volume.
templlarius (1 year ago)
Major as major currency pairs like: EUR/USD: The euro and the U.S. dollar. USD/JPY: The U.S. dollar and the Japanese yen. GBP/USD: The British pound sterling and the U.S. dollar. USD/CHF: The U.S. dollar and the Swiss franc.
Tony Xu (1 year ago)
Alex Drastico I would assume majors to be basically "blue chips" or stocks with great future potential/ relatively consistent growth outlooks. These shares provides an opportunity for new traders to understand the basics of the markets (breakouts, sell offs etc) while minimizing losses. They are also relatively safe and generally guarantee a sizeable profit.
Mike Dee (1 year ago)
Spot on advice
Chef.Brewer (1 year ago)
Good advice

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