• Canny Trader

  • De: Jeff
  • Podcast

Canny Trader

De: Jeff
Ouça grátis

  • Sumário

  • Master the financial markets and learn to trade and invest. Each episode covers different trading instruments such as financial spread betting, stock trading, forex and CFD trading as well as successful strategies and ideas.
    Copyright 2021 Jeff
    Exibir mais Exibir menos
Finanças Pessoais Economia
Exibir mais Exibir menos
Episódios
  • Episode 6: Understanding the Advantages of Trading CFDs

    Episode 6: Understanding the Advantages of Trading CFDs
    Dec 30 2021
    A CFD is a Contract for Difference in which a product is exchanged without the physical thing being traded; thus, it is a derivative product in which trading occurs through price movements in selected shares and stocks. When trading CFDs, there are transaction expenses. The CFD value is calculated in relation to the underlying stock's price, and you benefit or lose money based on its movement. Advantages of CFD Trading Leverage CFDs are gaining popularity as a trading instrument due to their ability to be leveraged up to a 10:1 ratio; certain CFDs offer a higher leverage ratio of up to 20:1, depending on the type of CFD. This means that a modest float might produce significant outcomes when trading CFDs. However, trading results are frequently exaggerated; hence, a method that generates a given size loss over a year without leverage may be tripled with leverage. Leverage can magnify the effects of CFD trading on a linked leveraged amount. CFD with a short or long duration Many are familiar with the short or long term trading choices available in CFD trading. Many CFD brokers allow their clients to go short on the majority of CFDs, while others offer only a limited selection. Taking a short position in CFD trading can boost your trading success by allowing you to profit from both increasing and falling stock prices. As a result, you profit regardless of market performance; whether a bear or a bull market exists. Brokerage of CFDs While CFD brokerage incurs commissions, they are significantly less than those associated with conventional stock or share trading. Brokerage is a term that refers to the process of placing trades with a professional broker for a fee. Reduced time frames Leverage and shorting CFDs make it possible to trade in smaller changes depending on underlying stock prices, which means you can profit without keeping your CFDs for an extended period of time to earn a fair return. However, some fixed trading costs, such as the broker's commission, may be incurred. Automatic loss stop CFD trading is more advantageous than stock trading for the retail trader since CFD positions have an automatic stop loss option. This option enables you to automatically exit trading in order to halt your losses. Placement of evening orders Another advantage of CFD trading is the possibility to place orders in the evening after work, even if the market is closed. You are not need to constantly watch your trade orders once you have established your requirements online, such as placing CFD orders, stop loss orders, or other activities. CFD Types The most often traded CFDs are stock CFDs and share CFDs, which are traded on a variety of venues.
    Exibir mais Exibir menos
    3 minutos
  • Episode 6: CFD Trading Through Brokers

    Episode 6: CFD Trading Through Brokers
    Dec 11 2021
    Many people want to make a quick profit in today's unstable economy, and they believe the best way to do so is through the trading markets. There are numerous trading marketplaces to choose from, but you should conduct extensive study into your selected one before getting started; alternatively, it is best to work with trading specialists that act as commercial trading brokers, maintaining your accounts and advising you on trade selections. How to Begin To trade with professional trading brokers, you must first gain a basic understanding of trading, CFDs, pricing, associated risks, and associated processes. If you visit a trading broker's website, you'll find all of this information in their product and service information disclosure statement. They offer introductory online seminars for anyone interested in learning the fundamentals of CFD trading. Following that, you should open an account with the broker, which can be done in a matter of minutes online. There are no documents required, as verification is also conducted online using today's advanced technology. The account's funds There is no requirement to fund your account until you begin trading CFDs. Once you've logged in and registered your credit card details online, you can instantly begin trading CFDs. These typically take between one and three business days. You can also pay for your CFD trading with checks or direct cash payments, though both methods are strongly discouraged due to the lengthy clearance process and associated administration fees. Sources of CFD Trading CFD trading can be conducted from any computer connected to the Internet without the need for additional software, since the online broker site often includes all necessary tools on their cfd trading platforms online; you simply need to log in. Forex and CFD trading are now available via free broker apps on mobile devices such as the iPhone, iPod, iPad, Blackberry, and Android smartphone. Customers from other countries Most brokers with an internet presence cater to clients from all around the world for CFD trading. With a Power of Attorney, you can even designate another third party to trade CFDs on your behalf. Your Knowledge of CFDs Before trading CFDs, it is vital to get sufficient knowledge. Your professional broker house should have on-site educational materials that are both free and sufficient to aid you in this area. There are online courses and seminars available to assist you in gaining a better understanding of CFDs before you begin trading.
    Exibir mais Exibir menos
    2 minutos
  • Episode 5: 3 Simple Steps to Get Started with Spread Betting

    Episode 5: 3 Simple Steps to Get Started with Spread Betting
    Nov 10 2021
    If you've been looking around on how to start spread betting, then look no further. In this episode, I'll be showing you exactly what to do and what not to do when getting started. Speaking from my own experience, it can a very daunting task to find out where to begin, especially with all the information out there about financial spread betting. Here, I'll show you how to pick the right broker and more importantly, how to find the right guidance when you're learning how to start online financial spread betting. The first step on how to start spread betting is simply learning as much you can about it from the right person or people. They can either be from books, brokers, products, friends/family members who are traders or what I strongly recommend, financial spread betting seminar programs. They will essentially be your guidance and mentor in your spread betting pursuit. In my experience, having a trading mentor" gets you there much quicker than doing it on your own. A mentor will tell what works and what doesn't, saving you lots of time and grief. In trading, learning on your own is fine but going through mistakes can be quite costly, especially since spread betting is highly leveraged. So, look for a mentor who's been there, knows what they're doing and obviously has been very successful at it. In the long run, it will save you lots of money. With the advent of the internet, smart phones and tablets it's made it easier for people to trade anywhere at any time. There are literally thousands of online spread betting companies around the world and hundreds of trading mobile apps available. So how do you choose the right broker? This is where your mentor comes in, because with their experience they can give you some good recommendations. The benefit is that they would know all the pros and cons between different spread betting brokerage platforms, thus narrowing and making the choice easier for you. So, if you're learning how to start online financial spread betting without the help of a mentor in this area, you'll end up experimenting with multiple broker platforms and waste a lot of time. The final step is simply getting started and choosing your markets to trade. Again, this is where your mentor comes in as they'll be able to advise you on which market has been successful for them and which hasn't been. Whether your mentor has is more fundamental-based or technical-based, their knowledge and experience is absolutely crucial here. It's best to learn what's worked for them and do the exact same thing to see if you produce the same results. That's the key to success. Once you get the hang of it, you can start to move to the markets of your choice. At that stage, you'll likely come up with your own strategies and tactics on trading. Knowing how to start spread betting comes down to getting the right mentor and guidance. It may not be easy to find one at first but there's no reason not to look. There are many spread trading guides on the internet that can get you started or alternatively, attend a financial spread betting seminar near you. Getting the right mentor is the difference between a successful trader and an unsuccessful one.
    Exibir mais Exibir menos
    3 minutos
activate_samplebutton_t1

O que os ouvintes dizem sobre Canny Trader

Nota média dos ouvintes. Apenas ouvintes que tiverem escutado o título podem escrever avaliações.

Avaliações - Selecione as abas abaixo para mudar a fonte das avaliações.

Avaliações Audible.com.br

Avaliações na Amazon
Nenhuma revisão disponível