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MoneyTotem

— trade smart and make a profit
MoneyTotem is an independent community of financial traders where anyone can learn about the world of financial trading, find a reliable brokerage company, and work out a profitable trading strategy in order to start earning online.
Online Trading News and Advice

What Is Online Trading?

Online trading is the process of buying and selling financial assets such as stocks, bonds, or commodities, for the purpose of achieving a positive net result in the long term. It is worth noting that online trading is not a form of gambling, rather entails precise risk-return relationships for market participation; everyone interested in online casions, in turn, is welcome to visit our partner community, Turboluck.com.

Profits Versus Risks

High profitability means that even just one successful trade can help you significantly increase your initial investment. One should, however, bear in mind that deal profitability is proportionate to the risk level. This means that all other things being equal, a specific trade with relatively lower profitability will also mean a higher likelihood of profitable movement of the underlying asset.

Growing and Falling Markets

Some financial instruments presented on this website will allow you to make a profit on the so called “bear market”, i.e. when the prices are falling. Placing bets on both decreases and increases of the underlying asset prices, one can expect a much more stable status of one’s trading account no matter what the market situation is.

24/7 Trading Opportunities

Currency markets provide 24/7 trading opportunities, thus expanding the range of potentially favorable market conditions for a trader to make use of. This also means that online trading can be easily combined with full-time work and other affairs, helping one get additional income and, thus, stabilizing one’s financial independence. It is important to note, though, that 24/7 trading opportunities are only there for instruments that are available for trade non-stop, i.e. currency pairs and commodity contracts.

Low Minimal Deposits

Most brokers today allow you to practise your trading skills with very small amounts of seed money – a number of companies will allow a minimum deposit of $5 and even $1. This is especially good for those who are new to trading and would like to avoid risking large sums of money while acquiring the basic trading skills. Once you have completed your initial training and feel more confident, you can then approach a broker that offers more professional trading instruments, but at the same time, also requires higher deposits.

What Are Trading Fees?

When trading, one needs to track the ever changing spreads, (the difference between the purchase price – ask, and the sale price – bid) in addition to focusing on the more important things, such as estimating the price movements of the traded asset. The good news is – the costs and fees information is available to the trader in advance; besides, when trading with the brokers presented on this website one is not required to pay extra commission or hidden transaction fees.

Comments: 4

  1. avatar
    Olivia Williams
    23/02/2017

    I just started trading on the financial market and so far I find it exciting, but I have few questions. I have quite a busy schedule, so how much time to you spend on a weekly basis to trade? Do you open your trades yourself or do you let your senior broker do it for you? The company I use to trade online is techoption.com, I’m quite happy with them, they actually explained how everything worked before I started trading. And my senior broker seems quite competent and professional, but I’m not sure if I should be more involved in trading process or if I should let him do his thing. please help 🙂

  2. avatar
    Sunil Kumar Saini
    14/09/2018

    This is nice Platform to learn and to earn – I seem it but If it is not learnt by trainer. No one will be able to earn. I wish learn pls help.

  3. avatar
    Sam
    21/12/2018

    It’s know that you should gain some knowledge to trade effectively. Binatex gives you such an opportunity as there is a lot of educational materials! Binatex made trading easier for me.

  4. avatar
    Administrator
    28/11/2019

    gold

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