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Let's Milk the Market - Spike Forecaster

Introduction to Trading

What is Trading?

Trading involves buying and selling financial instruments like stocks, currencies, commodities, and derivatives to generate profit from price movements.

Unlike long-term investing, trading often focuses on shorter timeframes and more frequent transactions to capitalize on market volatility.

Pro Tip: Start with demo accounts to practice without financial risk!

Key Markets for Beginners

Forex

Currency exchange market with high liquidity and 24/5 availability.

$6.6 trillion daily volume

Stocks

Shares of publicly traded companies that fluctuate in value.

50,000+ companies worldwide

Commodities

Physical goods like gold, oil, and agricultural products.

Essential raw materials

Indices

Baskets of stocks representing market segments or entire markets.

Diversified exposure

Trading Basics

Essential Trading Terminology

Bull/Bear Market:

Rising/falling market conditions

Leverage:

Using borrowed funds to increase trading position size

Spread:

Difference between buy and sell prices

Margin:

Collateral required to open leveraged positions

Stop Loss:

Order to limit potential losses

Take Profit:

Order to secure profits at a certain level

Liquidity:

How easily an asset can be bought or sold

Volatility:

Measure of price fluctuations

Risk Management

Effective risk management is crucial for long-term trading success.

Position Sizing

Never risk more than 1-2% of your account on a single trade.

This protects your capital from major losses

Stop Losses

Always use stop losses to protect your capital from significant drawdowns.

Essential for every trade

Risk-Reward Ratio

Aim for trades with a favorable risk-reward ratio (at least 1:2).

Higher rewards for lower risks

Trading Strategies

Technical Analysis

Study of price movements using charts and indicators.

  • Chart patterns (head and shoulders, triangles)
  • Support and resistance levels
  • Technical indicators (RSI, MACD, Moving Averages)
  • Trend analysis and identification
Best for: Short-term and day trading

Fundamental Analysis

Evaluation of economic factors affecting asset prices.

  • Economic indicators (GDP, inflation, employment)
  • Central bank policies and interest rates
  • Company earnings and financial health
  • Industry trends and market sentiment
Best for: Long-term investing strategies

Day Trading

Opening and closing positions within the same trading day.

  • Quick decision-making based on short-term movements
  • Requires active monitoring of markets
  • Focus on high-liquidity assets
  • Usually employs technical analysis and chart patterns
Difficulty: High - requires experience

Swing Trading

Holding positions for several days to capture 'swings' in price.

  • Less time-intensive than day trading
  • Combines technical and fundamental analysis
  • Focus on medium-term price movements
  • Can be suitable for beginners with limited time
Recommended for: Beginners with limited time

Test Your Knowledge

What is leverage in trading?

1/5

Broker Account Setup Guide

Deriv Account Setup

Deriv is a licensed and regulated broker offering a wide range of trading instruments and platforms. Follow these steps to set up your account:

1

Create Your Account

Visit Deriv.com and click "Sign up".

  • Enter your email address
  • Create a strong password
  • Choose your country and currency
  • Verify your email address
2

Complete Account Verification

Upload required documents for identity verification:

Proof of Identity

Passport, National ID, or Driver's License

Proof of Address

Utility bill or bank statement (under 6 months)

3

Choose Your Platform

Select from multiple trading platforms:

  • DTrader: User-friendly platform for beginners
  • DMT5: Advanced MetaTrader 5 platform
  • DBot: Automated trading with drag-and-drop interface
4

Make Your First Deposit

Fund your account using various payment methods:

Credit/Debit Cards

Bank Transfer

E-wallets

Cryptocurrency

Start Trading with Our Recommended Brokers

Why Choose Deriv?

Wide Range of Markets

Access to forex, stocks, commodities, synthetic indices and more.

200+ trading instruments

Multiple Platforms

DTrader, DMT5, DBot, and mobile applications.

5+ platform options

Regulated & Secure

Licensed in multiple jurisdictions worldwide.

25+ years experience

Why Choose Weltrade?

18+ Years Experience

Industry-leading platform with proven track record.

Trusted by thousands

Fast Withdrawals

Process withdrawals in just 30 minutes.

Lightning fast processing

Great Bonuses

Up to 100% deposit bonuses available.

Double your capital

Why Choose Exness?

Unlimited Leverage

Access to unlimited leverage for qualified traders.

Maximum trading power

Instant Withdrawals

Get your funds instantly with no delays.

Instant processing

Low Spreads

Competitive spreads from 0.0 pips.

Maximize your profits

Ready to Start Your Trading Journey?

Join millions of traders worldwide who trust our recommended brokers.

No credit card required. Start with free demo accounts.

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