I made a poll asking traders this simple question: "Let’s imagine - you have 10 000USD capital for trading or investing. How will you manage this sum?" with the options like: - I will trade in Forex - I will trade/invest in Stocks - I will trade/invest in Crypto - I will split my capital among different markets!
I’m very glad that 33% of traders picked the 4th option. They understand that trading in different markets provides more opportunities and lower risks. Of course, it is possible to trade only in Forex, Stock, or Crypto markets. But the diversification plays a very important role in trading.
I would like to share with you my portfolio and shortly explain how I trade in different markets.
I use auto trading (trading robots and copy trading) for Forex. This market is very good for auto trading because of good and cheap infrastructure. I started from Forex, but now I don't like it too much. It is not so good and simple for manual trading. It takes a lot of time and effort to search trading opportunities and monitor markets which are available 24/5. Robots and copy trading allow me to get trades in auto mode, and I don't need to spend time for active trading. Some interesting trades for the long run, yes. But day trading in Forex - no, thank you!
I invest in Crypto. This market was too good for active trading in 2017. It became not so good for trading in 2018. In 2019 it provided amazing buy opportunities for long term trading. Crypo is also a rather manipulated market, and I would like to use high timeframes to avoid weird movements.
Stocks trading is my love. I tried before trading stocks with CFD. But the real stock trading it is really another planet. I started trading in the real stock exchanges several months ago, and I think it is the best place for manual trading. There are thousands of markets where you can trade using different trading strategies, approaches, and styles.
Maybe you think it takes too much time for trading in several markets. If you plan your work properly, if you combine different tools and trading styles - it is possible to trade in different markets even if you are busy. I have a lot of work, but in spite of this fact, I could create a portfolio based on different markets and involve all tools which help me to manage this portfolio in a simple way.
Such an approach allows me to make my trading stable, and I don't risk too much. If the crypto market becomes boring, I don't care. I have trading opportunities in Forex and Stocks. If in Forex I face with drawdowns, I also don't care. I have crypto with good trades for the long run and Stocks where I use medium and long term trading.
I have the variant of the portfolio, which provides me everything I need for successful and stable trading in the long run.
And what about you? Please share your variant of portfolios in comments below this post.
Which trade copier do you use for Forex? Thank you
lgncosta
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Which trade copier and robot do you use or recommend checking?
alimannn
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ceesounds
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ty khoroshiy chuvak
markpatzelt
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I have been active in crypto for several years and have started to trade seriously just some months ago on a daily basis. I have considered to look also at stocks as I have a Ameritrade account (which has been dormant for several years). How would you recommend to pick the "stocks in play" - the ones that you choose day by day to consider for trading?
AMERICANHANDYMAN
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Do you invest in precious metals?
robharman
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Good afternoon i like trading stocks to ,do you ever look at a site called whalewisdom .com it s quite interesting for some themes and ideas to research further Cheers Rob
risNtol
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Metal+oil+forex，currently learning and watching the crypto market
xeaxada
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@risNtol, exactly the same, trading eith a cfd broker on oil, stocks and forex. Looking further to build some more capital and derivate a part to a crypto exchange
nuttydave
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How wonderful to read a real world investing scenario that evolves over time in a good way. I totally agree that trading Forex is very strenuous with the 24 hour timeframe and possibly large swings. Day trading stocks, as humdrum as it may seems, can easily net you over 100% a year with even a decent sized account. Plus you can sleep well at night. Mixing it up a bit, you can use options for more leverage if you expect big moves quickly. Massive leverage in Forex and futures is very tempting, but will usually burn you in the long run. Crypto is a world to itself. The biggest decision is whether you want to gamble or invest wisely.