What is the good Trading websites that can be trusted?

Pasay, Philippines
April 1, 2020 10:05am CST
How do you understand trading? What are the sites that is good for trading? When did you start to trade and how did you start on it? Did you earn afterwards? I've attended online seminar about trading although I would honestly tell that I don't understand at all that much. Now I am still confuse on how to start as I really want to do it at a small amount only.
2 people like this
3 responses
• Agra, India
1 Apr 20
None...it is just a matter of luck
2 people like this
• Pasay, Philippines
3 Apr 20
It can be risky though I still want to learn about this.
1 person likes this
• Agra, India
3 Apr 20
@Metatronik I hope you get the correct guidance
@porwest (112876)
• United States
3 Apr 20
@amitkokiladitya No luck involved in investing whatsoever. It's not anything like gambling. People who invest simply need to know what they are doing.
1 person likes this
@porwest (112876)
• United States
1 Apr 20
I use Ameritrade and eTrade, but not sure if these are available in the Philippines.
• Pasay, Philippines
1 Apr 20
So how is it so far? Are you earning well?
1 person likes this
@porwest (112876)
• United States
1 Apr 20
@Metatronik I am. But I have been doing it for many, many years. It's really best to know all of the ins and out of how the markets operate, what type of orders to use, and what other ways you can use to mitigate risk and reduce potential losses. For example, on a VERY basic level, one should know the difference between a long position and a short position. People should understand basic fundamentals that help and investor to determine what's a good price vs. a bad price for any stock. One should understand how to use P/E ratios to compare one company over another in the same sector. For example. Let's compare Walmart and Target. Walmart is trading at $114.96 and has a P/E of 22.16. Target trades at $94.81 and has a P/E of 14.95. Target is cheaper per share, but also cheaper based on the fact that it is trading at 15 times earnings while Walmart is trading at 22 times earnings. The P/E is more important than the actual price per share. But there are other fundamental factors to consider as well. There's not enough room here to fully explain everything. But there are probably a lot of books and other material online you could find to help you figure things out. I would recommend practicing trades on paper before actually putting any real money into the markets. It lets you know if you have the hang of things before you put real money to test with a stronger potential of losing it.
• Pasay, Philippines
3 Apr 20
@porwest Thanks for the tip, meaning did you still enroll for the trading or you just attend the free online seminar? Then you did on your own those tutorial?
1 person likes this
• India
11 Jul 20
So any luck so far?