Investing, trading, and even vehicles for plain old saving, the Tradeback team will be taking a look at everything you might be interested in and recording our analysis.
While we don’t expect to see results similar to a top hedge fund, we are confident that they are ample sources of information available these days to enable those new to the markets to make a profit. The Tradeback team will record the decision making process behind every trade in detail.
What Will We Trade?
In today’s world there is an almost endless list of choices when it comes to trading.Social trading is one area we will be looking at. This is a new, exciting method of trading where we will follow an experienced and successful trader mirroring their trades. On eToro, our platform of choice, all the data on participating traders is available to analyse allowing you to see just who is currently performing well.
Past performance is not an indication of future results.
You can also copy trade more than just individuals. eToro now has a copy portfolio section where you can invest in a basket of traders who have a proven track record. This is ideal for those who want to get their portfolio up and running with a fast supply of profitable trades.
It also doesn’t have to be traders that you copy. There are bundles consisting of investments of a single category, such as cryptocurrency or renewable energy.
Many new traders will prefer to be picking their own trades rather than following another trader. Of course this is much more fun, even if it’s at the expense of some profit. Trading the markets as a self-trained individual is incredibly satisfying.
One of the most difficult decisions when starting out is choosing which market to trade.
- Stocks
- Exchange Traded Funds
- Cryptocurrency
- Indices
- Commodities
- Currencies
As you can see there is lots of choice. For the most part, there is little difference in difficulty between each, it is most important to choose which appeals most to you. You will be researching that market in-depth so it makes sense to be studying what interests you the most. The Tradeback team will be trading in all of these markets individually.
Analysis
This blog will be covering trades that were chosen using both fundamental and technical analysis. We hope to cover a wide range of trades detailing how we were able to reach a particular decision.For traders who are just beginning their journey in the markets, this will be a solid introduction to analysis. It will help you choose what kind of trader you want to be.
eToro Trading Platform
The eToro trading platform is a great place to learn to trade. We chose this site for both its simplicity and being able to join in on the social trading side. There is an active news feed where traders post and discuss their findings helping everyone to make the most of their research.Coming Soon
Later this week we will be examining the cryptocurrency markets to decide what the future holds for Bitcoin after a record-breaking 12 months. We will also be looking at what are the most promising alt coins in the industry.Cryptocurrency is the newest and most exciting market in the financial space right now. The prices are extremely volatile making it a perfect environment for trading. Those traders who do their homework properly stand a great chance of doing well.
Keep your eyes on the Tradeback news page over the next couple of days to see what the team has discovered and where they decided to invest.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.