Investing online represents a risk that many Italians are still pale pale on. Certain of their work, expenses and earnings, most of us are unnaturally afraid to confront the world of trading. How can this be remedied? Today we recommend a series of options that ultimately concern a very clear password: simulation.
With the advent of the Internet, so-called banking trading was born: we discover together some details and see who to turn to for investment and indications on the possibilities of gain. We can say that it all started in the 90s, years in which the Internet began to spread all over the world, thus beginning to make the life of each of us easier. In various sectors the Internet has become a key player, the American banks have immediately exploited its potential, offering their customers telematic services starting from the possibility of knowing the situation of their account with a simple phone call without any payment and without having to make any type of operations.
This is where the first online brokers were born, a figure considered precious for many because, compared to the classic banks, they allowed to make transitions at much lower costs until the exchange of securities and securities, in short, with the advent of the Internet was born the so-called banking trading.
Trading is done electronically, through an online broker, that is a bank that "lends" its online platform to make the sale of financial instruments in order to increase its amount. Today, also known as TOL, online trading, is one of the most used transactions for buying and selling financial instruments through the internet.
It is therefore possible to buy or sell financial instruments such as shares, government securities, currencies, bonds, futures and much more with the advantage of benefiting from much lower costs at the level of commission required from the investor, the latter can inquire when he wants about the performance of a security purchased or the stock exchange more generally in order to be able to have more investment choices ahead of him.
As the profit could be insured, it is good to know that with bank trading the risk could be just around the corner; since it is speculation, however, we recommend that you rely on a specialized company regulated by Consob, in order not to run into fraud or various payment problems.
Online trading activity could develop an unconscious attachment among investors, given the absence of limits on the number of transactions available every day; thus, it leads to spend more and more time increasing the number of trades leading to the illusion of a real job but that, on the contrary, could lead to heavy losses of money.
As tradition has it, banks have the main function of depositing savings and investments, and today they are faced with a new reality to which they have had to adapt by force of things, somehow reviewing the offers reserved for their customers. It is obvious that the choice of bank to rely on for those who begin to enter the world of trading is very important and the choice sometimes has to be made depending on certain characteristics, such as offers, how to keep the current account, commissions, etc..
Among the best banks for online trading we surely find:
Paper trading is a very useful tool for those who want to understand financial and currency markets in depth. Ultimately, this is a simulated activity, with which you can test your knowledge of the markets and money management. The advantages are immediately obvious: without the risk of losing your capital, you'll have the chance to put aside a fair experience. And, we assure you, experience counts here.
It is obvious that a simulation meets us when it gives us the possibility to avoid errors that often derive from the extreme volatility of currencies (all newbies show a certain difficulty in recognizing certain inversion figures in the graphs in charge).
We assume that there are several online services that allow you to register to collect real-time historical prices of various currencies. Once you have this data you will need to keep track of your virtual investments through a simple excel leaves.
Opening a demo account with a broker means delivering your personal data is true; however it also means exploiting the potential that the trading platform makes available, as if it were on a real account.
How long is it recommended to use the virtual account before switching to a real account? At least 6/8 months. It takes several days to record data and virtually check how your investments would have gone if you had focused on one value rather than another. Choosing the broker to trade with is not trivial. We must be very careful at this stage because it will be a choice that will accompany you for a long time. You will have the burden of ensuring that it is:
Certainly, its characteristics should be accompanied by a series of technical peculiarities that can be summarized as follows. It should assure you of this:
So look to those who entrust you. Try to study all the options very well, and consider comments about the network and social networks. Make a list of pros and cons so that you can evaluate each Broker you have catalogued as a whole and specifically. We just wish you all the best in your work with trading platform simulation.
We are now trying to put our house in order and give you some concrete Paper Trading tips. By accessing these links, you can take advantage of simulative services that can certainly get you closer to the world of online investment. We will try to keep the list as up to date as possible. If you want to express your opinion on the services and tools that you find on this page you can do so safely by sending us a comment using the form at the end of the page.
Let's see together some simulators that allow you to do paper trading completely free of charge, so you can develop strategies without spending your money at the moment but opening demo accounts. It goes without saying that in addition to these important platforms there are also software made available by Italian companies, such as Fineco, and other systems to turn forex into a child's play.
Thanks to the development of mobile, applications have also grown to be able to practice or develop strategies of this kind, so you can "play" with markets and forex at any time of day. Among the apps dedicated to this type of online trading strategies, we can recommend downloading to Android tablets and mobile phones:
You can start the Paper trading period during which you can simulate your transactions. Almost all Forex brokers provide a virtual money sum (demo account) that you can use to trade without using real money, you will learn how the automatic trading platform works and you can evaluate which winning strategies you want to adopt.
Initially you can select companies that provide Forex trading information (Tradermade International and Mataf), which will help you understand how experienced analysts and traders interpret market movements and how they build their daily operations.
As already mentioned in other articles, starting trading with Forex (or binary options or trading) is very simple. Forex is the market with the highest number of transactions worldwide, the liquidity is very high, you can identify many advantages derived from trading with currency pairs (always eye on the exchange rate).
Want to start investing but are you still starting to take the first steps in online trading? One tool that can be used for you is the Exchange Traded Fund, which is what experts call ETF Trading. Let's try to understand what the advantages of this type of instrument which are is certainly as interesting as that of equities or other forum trading services.
The Relative Strength Index (RSI) is widely used by analysts who want to invest in trading, especially those who trade in Forex, the futures market and stock markets. Please note that this article can be converted into PDF and used as a practical eBook. After having carefully verified its application with Bollinger Bands, we see its functioning in other contexts as well.
Parabolic Stop and Reversal (Sar) refers to a trading system based on price and time. In the graphic aspect, it is represented by a succession of points above or below the prices, takes its name from the parabolic form that outlines in the graph. The succession of points of the Sar in the chart if it is built below prices means that it is in bullish trend, on the contrary if it is built above it is in bearish trend.
Let's start immediately with a nice definition. In financial jargon, the option is an asymmetric derivative instrument which, in simple terms, translates into a contract with a non-binding clause to buy or sell the security on which the option has been subscribed. The security in question - which may be a share, a pair of currencies, a commodity or another financial product - is called an "underlying instrument" and can be subject to a call or put option (also known as a put and call option).