Thread: How to start investing (my advice)

Investing is like religion – people have some strong opinions and may even belong to one of many “sects”.
There are the doomsday preppers who are convinced our financial system will collapse, so they stick all their money in gold and real estate. There are the optimistic and opportunistic day-traders with their Batcaves covered in wall-to-wall monitors. And there are the indexers, those that simply invest in everything in order to take advantage of the slow and steady increase in the overall value of the markets.
If you already belong strongly to one of the above camps, you may not find the investing resources on Money Under 30 useful. If, however, you have an open mind and are interested in learning simple strategies for successful lifelong investing – without any gimmicks – then read on.
My personal investing philosophy is quite simple: Create broad diversification through a mix of low-cost mutual funds and ETFs, while keeping it fun by holding individual stocks with up to 10 percent of my assets.
To start investing, you’ll need to make a few choices: Get it on https://immfx.com/accounts/account-types/

It’s a really good advice mate, I believe we should always be open to listen to all, but eventually we should follow what we feel right at mind. I always enjoy reading these type of stuff since it helps me understanding things much better.

To starting trade, we must have the knowledge to trade properly. to increase knowledge, we can use a demo account provided by the broker to execute trading according to money management to be applied by traders. Demo account is an appropriate means for traders in the develop forex business. demo account gives us a lesson on how to operate the platform as well as an analysis using indicators to trade. I use a demo forex account when starting a business in the TICKMILL. Now I've found my best way of trading is by using scalping. this method is very suitable for me to apply in this broker because this broker perovide me the spreads as low as 0.0 pips; no re-quotes, delays nor interventions; scalping, EAs and news trading allowed

In my view investment should be done in 2 reasons, firstly if we feel we are capable and have the ability to handle the pressure that’s applied by market and then comes good broker through which we can work with comfort and been relaxed, if we are not having these stuff on our table then we got to be better at avoiding trading since it makes no sense to risk it with broker that’s not reliable or even if we lack ability. I trade with OctaFX broker which is one of the most trustworthy and reliable companies in the world, so I never worry about investment while I am not an expert, but I keep on working on improvement so I feel comfortable.

My personal view is to make investment in a company that we can trust and rely upon; it’s just too risky to go with a broker that’s not trustworthy. I go only with TradeWiseFX, as they are offering magnificent 50% bonus on deposit, so investment with such benefits is always unbelievable and makes for trading ever easy for all especially beginners.