The very root of trading for beginners starts with a clear understanding of the basic factors that influence market behaviour, and the forces of supply and demand. When supply and demand are not in sync this is when a price move is going to happen, if there are more willing buyers than there are sellers in the market, then a price will go up and vice versa.
With Cryptstacks, when you register for a live or demo account you will find many articles, videos, webinars and other educational tools that not only introduce you to the basics of crypto trading , but teach you how to build strategies, learn market analysis etc. We will guide you to start compiling a trading plan, define what is your trading style, seek out what you want as a trader, what you can absorb in terms of risk, establish your profit goals and the time you can devote to your trading.
How to perform a trade?
Choosing the right broker to trade with is the most essential of all your choices when it comes to online trading. We offer you a free demo account and many forms of educational information, alongside dedicated support from our customer support agents, should you require further services or help.
Open your online real account make a secure deposit, with 0 commissions. Now let’s execute your first trade.
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After you have conducted your research and, in case you need it, consulted with our support team, head over to the trading platform where you can open a position on the instrument of your choice. Take a look at the spread, and decide how many units you want to trade
Once you have opened a trade, you will need to monitor your investment and keep abreast of its performance. Should you see on a trading chart a decrease in the activity and the markets are trading against you, you should consider a sell
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Making changes to your portfolio from time to time is advised, you are constantly exposed to emerging markets, and you can decide to diversify your trades.
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Executing a withdrawal request is simple and easy and can be done via the platform.