Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The amount of useful info is amazing around here so i would like to thank you all, but I would also need a quick advice...
I would like to start trading stock online. I know IB is among the best but I don't have that kind of money to invest so I was looking for an alternative, cheaper but still safe.
any suggestion?
thanks!
Can you help answer these questions from other members on NexusFi?
What is your capital that you can allocate ?
What is the amount of time you can allocate ?
What is your knowledge on various instruments ?
What is your IT knowledge ?
The reason for asking, sooner or later it's all about 'edge'.
Edge is an advantage on the broader participants in the market.
Your edge can be knowledge, skills, tools, etc...
I think you need to learn a lot first, there is a lot of information to be found here.
Try to avoid any 'get-rich-quick' schemes.. non of all of that works...
I always found myself to be pretty sharp and a quick learner but as I got into trading, it is a different beast.
I've been swing trading equities for about a year now and it's been a back and forth battle. More recently, I've gotten into daytrading the ES and again, it's a battle.
I've gone through countless books, hours and sim trading over the past several months. I suggest sim trading first and even if you do well for a few weeks, perhaps a few months is better to ensure consistency. Throwing down 5k after a reading a few books and videos is not a good way to get started.