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RE: Trading Journal Day 25 - Limited Availability

in #steemleo • 5 years ago

I would love to get into trading, but even creating stop-loss orders confuses me a little (like why someone would want to do that opposed to just a limit order?)

I don't really like fiat but have been mucking around crypto exchanges a bit.. But I realise they are a totally dfferent ball game.

Would you have a suggestion for where to start? A free-to-play demo account that still acts true to life? There are so many options I don't know who has the better show...

5 years ago in #steemleo by
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     5 years ago 

    even creating stop-loss orders confuses me a little (like why someone would want to do that opposed to just a limit order?)

    I should do a post about order types. These work totally differently.

    Would you have a suggestion for where to start? A free-to-play demo account that still acts true to life? There are so many options I don't know who has the better show...

    This depends on what types of assets you want to trade. A demo account for equities with a legit market feed is a very rare bird. A demo account for forex is really easy to get. Different asset classes behave a lot differently though, and which is appropriate for you depends a lot on your strategies.

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