How hard is it to Learn to trade FX and CFDs with My Trading College
In a crowd of many trading websites and educational pages online that promise you easy and fast gains on the market, My Trading College is here to draw a different and more honest image. Namely, nothing in life comes easy, especially good things. And since the best things take time, you should learn how to use it wisely until you reach your trading goals and dreams. How can My Trading College help with that?
Well, this is a different kind of learning place that acknowledges all the different features that make us unique. They do not tend to create a one-fits-all solution. R
Learn About Yourself First
The number one priority of My Trading College is to help you learn about your own unique abilities. When you learn to recognize your strengths and weaknesses, you will also be able to define your trading goals and plans. This is one of the most important parts of a successful trading journey. Unfortunately, not many companies today are able to recognize that fact. Luckily, My Trading College is here to fill that void.
How do they do that, exactly? Well, My Trading College was created by the expert traders that were once like us – eager for knowledge and success on the market. Unfortunately, back then there was a clear lack of a trading academy that will be able to help clients reach their goals. As a result, many of them were left to fight or flight on their own, which is definitely the hard way to go in trading.
Now, however, My Trading College gathers around the most prominent clients from all over the world. Here, they provide them with the necessary tools and means to become the most successful traders they can be. In today’s hectic trading climate, companies like these are necessary to keep us grounded and give us something strong and permanent to rely on.
Personalized Courses for the Winners
Since this trading academy is eager to let your unique differences shine, their designers have created 3 different personalized courses that can help you achieve your trading goals. These courses were created specifically keeping in mind that the clients need someone reliable and patient to guide them on the journey to success and trading excitement.
- Turtle Course – are you a beginner trader, who is sometimes intimidated by so many new things that are available for learning on the market? Worry not, because this is the perfect course for you! With the Turtle course, you will be able to get acquainted with all the latest and basic market terms, strategies and assets which you can trade on the market. Also, this course consists of different guides and tutorials that will help you determine what is the best trading strategy for you.
- Shark Course – the Shark course is the next big thing in the world of trading education. It is perfect for intermediate traders, who are aware of the basics of trading but still have a lot to learn on their way of becoming pros. So, here you can learn a bit more about trading signals, the market psychology, as well as the many factors that contribute to your trading
- Whale Course – lastly, the Whale course allows you to go further and bigger than you have ever imagined. With this personalized package, you will finalize your learning journey with a bang. The lessons within this course are designed specifically to help you combat the obstacles you may encounter along the way during your trading, by applying the skills you have acquired through your studying.
What Can You Learn with My Trading College?
Listing the courses and a few details about them is simple. However, what does it mean in practice, exactly? What are the things and chapters you can learn about here, and how are they beneficial for you? In the following passages, we will introduce you to some of the basic things that you can learn and become a pro in with My Trading College.
What are CFDs, and why do so many new traders tend to start their successful trading careers with them?
CFD stands for Contract for Differences, It is a financial contract that works a bit differently than the other assets that you’ve heard of. The main advantage here is that you do not have to own the underlying asset. Rather, you can freely speculate on the value and price of it, as well as how it will change in the future. You are basing these speculations on many things and factors, from market trends to the latest movements and signals in the world of finance. Depending on how close you were in your prediction, you can acquire a significant amount of profit.
The main benefit of CFD trading is that it takes a lot of the pressure of off you. As we mentioned already, you are not owning the asset – you are just speculating on it. So, as a result, you are not directly affected by the many factors that are contributing to its value. They include anything from the current geopolitical situation to the weather reports for certain areas of the world where the asset comes from. You can learn about its performance in real-time, which is quite important. That way, in time you can also become able to assess the trends that are forming, and use them as a part of your winning trading strategy.
Currency Pairs (Forex) Trading
Currency pairs are traded on the Forex market, which stands for Foreign Exchange. The Forex market is the single most liquid market in the world, with a daily turnover of over $5 trillion. Also, there is another thing that makes it unique – the Forex market is always open. So, no matter where you are or what time zone you are in, you can access this market. Trade the latest currency pairs of your choice!
The most popular currencies that can be traded on the global markets include the US dollar (USD), the European euro (EUR), the British pound (GBP) and the Japanese yen (JPY). You can trade them in pairs. For example – the USD/EUR currency pair which is the most popular one in the world). Also, you can trade them separately. After all, they can stand alone with their values, that are represented in the form of indexes.
Commodities are goods that can be exchanged on the global markets. They usually represent one of the strongest parts of each country, which is why that country is best known for. For example, coffee in Brazil, tea in India and so on. Commodity trading is quite stable and sure since the commodities do not tend to run out. Gold and other precious metals have been around since the beginning of time. They are also used to predict how other assets on the markets will behave in the future.
What About Indices?
Lastly, My Trading College is including different assets that you can use to diversify your portfolio. That includes the indices, which are one of the most important and beneficial assets on the market today.
Unlike other assets and securities which can materialize in one way or another, look at an index as more of an idea. An index represents a method that
Those are the S&P 500 (Standard & Poor 500) which consists of 500 most successful companies in the global markets. Then, there is the Nasdaq Composite, which describes the assets on one of the most popular markets – the American stocks exchange based in New York City. Also, you may have heard about the Dow Industrial Average. This index describes 30 of the biggest blue-chip companies available for trading on the New York Stock Exchange (NYSE).
Is My Trading College the Best Choice for You?
As you can see, My Trading College is an open book. Their goal is simple but an important one. That is to educate people across the globe who wish to be successful in trading on the market. This environment is always improving and changing. So the innovations are visible on the My Trading College learning plans and courses. This way, the website is the only thing you will ever need if you wish to be the most proficient trader that you can be. The market awaits, are you ready for it?