5 websites blogs to follow for a beginner ‘retail’ trader.
This is a massive industry, and everyone wants your business.
#The foreign exchange market is the most actively traded market in the world. More than $5 trillion are traded on average every day
More people working from home want to speculate the markets, but where do you begin?
There are thousands of sites, brokerages, financial news, signal sites, analysts, opinion…opinion...opinion.
People may know the magic formula to success. Not me, sadly.
I have always believed the best performing trader is the person who does it his/her way through learning, trying, and changing. You need to adapt or lose your hard-earned money.
If you have no experience you need to take a look at some sites, It doesn’t mean you have to become an economist or technical wizard but you need to overcome some of the jargon. The analyst who uses the bigger words to show their worth often offer little.
So, my recommended sites for a novice.
Investopedia is an American website based in New York City that provides investing and finance education. More importantly it has a great search engine navigating you to your keywords.
The website provides high-quality information that traders can apply in their pursuit of profitable results. Their easy to understand Economic calendar is my preference.
Baby Pips is a one of the top viewed traders’ educational site and community established over a decade ago. It offers education at different stages of your knowledge base and has an excellent quiz section that helps you overcome the jargon. I think if you have never traded before you should check it out.
There are many well established financial news sites, I like this one for its overall content and seems unbiased.
Investing.com is a financial markets platform providing data, quotes, charts, financial tools, breaking news and analysis across 250 exchanges around the world. Full of adverts, so beware not to get lost.
Access to fundamental business news is available for interested traders online everywhere. However, trading based on the news is not for everyone, speed, availability and quick action is needed trade like this , we are here to help.