I’ve had a great experience investing with Acorns, so I thought I would share some tips on how you too can have success with Acorns. Acorns is an app that invests your spare change into a diversified investment portfolio.
For this post I wanted to share a strategy for investing in eToro that reduces risk and aims for longer term sustainable growth. With this strategy you don’t need to rely on copying people and instead are investing in a a huge portfolio of diverse assets.
This is a good strategy for those who don’t want to use eToro as a copy trading platform and instead trade on their own. You can open manual trades, but still rely on expert knowledge.
Practice Trading is where you use virtual money to trade under real market conditions. The platforms are usually identical to the real trading platform the only difference is the money you’re using is opening simulated positions and not real trades.
In my opinion, practice trading is the best way to learn about forex and trading. So i’ve put together 5 places where you can practice trade forex completely free. You don’t need to spend any money to use these platforms.
eToro is a copy trading network where investors and automatically copy the trades of guru traders. In return for sharing their trades, eToro rewards them with various perks including cash. eToro calls this program “Popular Investor”.
Becoming a popular investor on eToro can be a great way to earn a second income. Here is my step by step guide to becoming a popular investor on eToro.
Succeeding in forex is as much about reducing mistakes as it is making winning trades. Forex attracts a lot of new investors and traders. And many of them make basic mistakes, lose their money and never trade again. I hate seeing this – especially as it is entirely possible to make good money from forex.
So here is my guide on why you may lost your money trading forex. These are the top mistakes I see newer traders make.
Looking for something more than the measly returns you’re getting with your traditional investments? Looking to diversify into something new? I’ve put together different options for alternative investments.
These alternative investments do carry different degrees of risk and like all investments make sure you do your own research and never invest more than you can afford to lose. Continue reading
Getting into Bitcoin can be a little tricky. There are plenty of places to buy Bitcoin, but unfortunately they can’t all be trusted and many can be difficult to use. So i’ve put together a few options on what I think are the easiest places to buy Bitcoin online. While these sites may not be the best if you want to buy a couple million $ worth of bitcoin ;p, they are perfect for getting started with your first investment.
If you’re new to trading and investing, then one of the best ways to trade is copy trading. When you copy trade, you automatically copy the trades of a more experienced and profitable trader. It’s a good way to reduce risk and a great way to learn about trading.
Copy Trading has been getting more and more popular and now there are many different platforms. These are my top picks for 2018.
I prefer to use web based platforms over desktop or mobile apps for trading. I love having my entire workflow in chrome and there is nothing to install (and no need to worry about constant updates :/ )
Here’s my rundown on some of the different web trader platforms I use – the one’s I love and the one’s you should steer clear of.