In the past, trading was an activity reserved only for professionals and a few individuals. Today, with the internet and the globalization of financial markets, it is quite possible to open a trading account from home. Trading online has become a hobby for many people looking to grow their capital in order to prepare for their future, or more modestly, supplementing their salary.
However, many apprentice traders embark on the adventure believing that trading online will bring them the wealth they are so craving. Outside of trading is a very complex activity that requires a lot of knowledge in finance and financial markets. If there are a few things that you want to get into online trading and you don’t know exactly where to start, there are a few things you can do in this guide. Also the Global CTB option is perfect there.
Online Trading: The Basics To Become A Trader
Before you jump headlong into trading, it is important to know the basics such as the functioning of financial markets or analyze the price of a financial asset, know how much money to invest etc.
Understand how markets work
A stock exchange is nothing more than a huge global network, also called: Market place . It allows the exchange of huge sums of money every day. In all, nearly 60,000 billion euros are traded each year. Much more than the value of all the goods and services present in the global economy. Financial assets are traded every day by these different financial centers around the world.
Understand the markets
The best-known financial asset is stocks. A share is a contract representing a share of a company. Generally, there is a larger a company, the greater the value of its share (its price). The more money a company generates, the more it can afford to invest in new projects to generate more and more money. These new projects will make it grow and the price of its share will increase at the same time.
