Author: Eminiacademy
Our education process has been refined over the past 7 years, and used by thousands of our student traders around the world. This process works for new and experienced traders with trading accounts of all sizes.
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CHOOSE A MARKET AND TRADING TIME FRAME
There are many different markets to trade, and the first step is choosing which one is right for you. Some of the most popular markets are stocks, e-mini futures, options, Forex, and digital currencies like Bitcoin.
Here are a few things to consider when choosing a market to trade:
- Capital available to trade: The amount of money you have to trade with will be an important factor when choosing a market. Some markets have minimum requirements set by brokers or governments (listed below), where other markets have no minimum requirements. It doesn’t matter if you’re trading with $500 or $500,000, there is a market for you. Some markets allow you to use leverage, where you can grow your account quicker. Leverage can also work against you, so it’s important to implement smart risk management strategies.
- Time available to trade: Once you decide which market you want to trade, then you decide how much time you want to commit to your trading business. There’s a wide range of time frames you can trade. Some people like to trade full-time, where others can only trade 30-60 minutes a month.
Choose A Market
There are pros and cons to each market, and it’s important to start with a market that can help you achieve your goals. Some trading education companies teach courses on every market under the sun, but our training programs are based on the markets that our team trades on a regular basis.
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