How to Trade Online: Guide to start Now [2022]

How to Trade? First, you need to open your account on a trading platform, then you need to decide which stocks to buy or sell. Hard? Absolutely not, but let’s go in order.

Why Trade Online? Many start out of passion or a challenge to themselves. However, most people start for a much simpler reason: because they want to make money!

Actually making money with online trading is not at all difficult as some think and everyone can succeed. At the same time, however, we must not think in any way that it is a game or a way to make easy money.

Learning how to trade online

Online trading is a serious investment activity that anyone can start but that requires a certain amount of commitment, time and determination.

Those who think of getting rich quickly thanks to the financial markets, without committing themselves, without studying and without dedicating some time to exercise will not only earn absolutely nothing but, most likely, will end up being the victim of some unscrupulous scammer and will be robbed.

How do you learn online trading? First, it takes study. There are many courses that try to explain trading but most of them do it in a completely theoretical way and without any kind of practical example. The worst part is that most of these courses are produced (and sold) by people who have never even tried trading.

These characters pose as great gurus capable of making millions with the financial markets but in reality they have never made any trades. And the millions, if they really earn them, they make them by selling the courses to the naive who want to become a trader.

It is evident that those who study on these courses not only do not learn anything but seriously risk losing money by applying these completely stoned (or at least theoretical) concepts. The normal (and overall limited) risks of online trading are multiplied by ignorance.

This section of OnlineTradingCourse.net was created to meet the needs of those who want to learn online trading and want to do it seriously, without spending a fortune.

In this section of the site, in particular, you can find a complete guide to all the trading strategies, the methods of technical and fundamental analysis and a review of the main trading indicators.

It is probably the most theoretical section of the site, recommended for those who want to have a complete view. It is not necessary to study everything at once, quite the contrary.

Learning with Demos

Online trading can only be learned by trading: those who want to learn in addition to studying our guide should immediately put the concepts learned into practice. How? With a good demo.

Demos have the advantage of allowing you to experiment with absolutely no risk because virtual money is invested. Those who want to learn techniques and strategies can do it very well with demos.

But be careful: the demo helps to refine the technique and not the trading psychology. The winning traders are not the ones who know the best techniques and strategies (beginners often think this) but they are the ones who are able to master their psychology best.

Anxiety, fear and greed can play tricks when trading the markets. They can prevent the trader from seizing great profit opportunities or they can push him to make blunders in a vain attempt to achieve even higher gains.

When trading in demos these emotions don’t come into play: basically you are using fake money and nobody cares about winning or losing. For this reason, those who intend to become a great trader should sooner or later switch to trading with real money.

No matter how much money: in the end the best online trading platforms allow you to start with very little money, there are platforms that allow you to start with just 10 euros, others where 100 or 250 euros are enough.

The amount is not important, if there is real money at stake then there are emotions. Even 10 euros is enough to start feeling the excitement of trading.

In short, it is possible to trade online with small amounts!

The Guide to start trading now

We have already explained that in this section of OnlineTradingCourse.net you can find a complete guide to all trading strategies and indicators. If you are really at the beginning and you are in a hurry to learn online trading, we can recommend an excellent introductory resource: the trading course developed by the ForexTB broker.

The course is completely free, you can download it for free by clicking here. In fact, you don’t even need to be a customer to download the course. This course has had hundreds of thousands of downloads.

Why this great success? Simple, because it is a course that really works, that is, it really helps those who have never done operations to start winning immediately. It is a completely practice-oriented course, with no frills and no theory: it clearly explains how you make money with online trading. Among other things, it also uses extremely simple language, also suitable for beginners who do not even know what trading is.

You can download the ForexTB course for free by clicking here

The ForexTB guide is not to be considered as an alternative to the one we publish on OnlineTradingCourse.net. It allows you to start trading successfully right away. It is a recommended step for those in a hurry to make winning trades, now.

Our course, on the other hand, can allow you to obtain a more complete preparation, even a little theoretical. These are two complementary guides. In any case, we have created the OnlineTradingCourse.net guide to help those who want to become traders: our goal is not to increase readers but to always provide the best resources. And if that makes us lose a visitor, never mind.

Among other things, we point out that those who decide to start trading online with ForexTB have the opportunity to be followed step by step by a true expert who provides precise information on the phone. Many beginners who study the ForexTB guide then begin to operate in demos with the same platform (there is an unlimited and unconstrained demo) and get help from the expert in the learning process.

ForexTB is particularly suitable for beginners as it is very easy to use and very intuitive. You can join ForexTB for free by clicking here.

Learn how to trade online by copying

There is also another method to learn online trading and it does not require, at least apparently, the need to study a guide. In fact, it is possible to learn trading simply by copying what the greatest do.

How you do it? Simple, thanks to a trading platform such as eToro which developed the world’s first Copytrading system (there are others but it is the only one that currently works).

The operation of Copytrading is simple: you can search for traders who have earned the most in the past and can be selected with a simple click to replicate all their operations.

In practice, it is possible to copy, in real time and at no cost, all the winning operations made by the largest traders.

This actually has a double advantage: on the one hand, you can get high profits right away, on the other you can learn by directly observing what the greatest are doing. This is also a complementary method to the study of the guide that we have published on OnlineTradingCourse.net: it allows you to start quickly (and successfully) but those who want to learn better the fundamentals, even theoretical, of online trading can return to our site to study better.

You can sign up for free on eToro by clicking here

Easy Money? Don’t exist

Those who approach the world of online trading for the first time are likely to suffer scams. It is useless to hide it, there are trading scams and it can be very painful to suffer them.

How are these scams made? In general, we can say that there are two main types of scams:

  • Unauthorized brokers
  • Methods to make easy money

In the first case, these are brokers who do not operate according to strict European regulations and therefore do not guarantee security. In theory they could also be reliable (for example, Australian brokers are usually quite reliable even if they are not licensed under European law) but in most cases they are hiding a scam.

For example, they can seemingly run smoothly and then block the withdrawal of accumulated profits. Or they can disappear overnight. In short, to be safe, it is much better to always work with authorized and regulated brokers.

Inexperienced aspiring traders are also exposed to another type of scam: the phantom systems for earning easy money.

What is it about? Systems that promise easy, safe and automatic earnings with online trading. The scammers promise that for a very small initial investment, very high profits can be achieved.

Without commitment, without study, without any knowledge. Those who fall into these traps not only lose the small initial investment (usually 250 euros) but are also convinced to repeat the investment over and over again, until they lose even very large sums. There are those who have been ruined by these scams.

Defending yourself is not difficult: just always remember that money is never easy. Neither with trading nor with any other system!

Some might say that with Copytrading it seems that money is easy. Absolutely not. Those who choose to copy the best on eToro must still strive to identify the best traders to copy. Furthermore, an almost daily effort is required to check that the copied traders are generating the expected profits.

In short, it is true that there is no need for specific trading skills but a high dose of commitment is still required. And then many traders use their eToro to learn (for real how to trade online).

So, let’s recap: trading is not easy money, but if we do a research on how much a beginner trader earns we can easily find that it is not cheap. But as long as you do things well and with the right tools.

Trade with Trading Strategies

The beginner who decides to start trading online often has a wrong idea of trading strategies: very often he thinks that these are extremely complicated procedures that only the most experienced traders are able to apply correctly.

Nothing could be more false: most of the trading strategies that work are simple and really affordable for anyone who decides to get serious.

You can learn more and discover the best ones by reading our guide to Trading Strategies.

Before continuing we must unfortunately note that most novice traders who fail with trading have excellent strategies available. The fact is that they don’t follow them with discipline.

Once you have chosen a strategy, discipline plays a fundamental role: if you are not disciplined you are not trading online, you are gambling and even with the best possible strategy you risk losing money.

Trade with Fundamental Analysis

Fundamental analysis is one of the most promising techniques for making reliable forecasts on market trends. Fundamental analysis deals, in practice, with establishing the correct price of a financial security (of any type) by referring to its intrinsic economic and financial characteristics.

For example, carrying out the fundamental analysis of a listed share means carefully examining the company’s financial statements to identify its strengths and weaknesses.

Fundamental analysis also studies all the events, microeconomic or macroeconomic, which may have an impact on the stock itself. Obviously, novice traders do not need to directly read the financial statements of the companies they want to trade on (although it would not be a bad idea, and they are also public) but they can rely on the analyzes made by the best experts.

The richest trader in the world (and also the third richest man in the world) Warren Buffett only works with fundamental analysis.

Trade with Technical Analysis

Technical analysis is a tool for making accurate predictions on the performance of a financial security simply based on observing the graph of the share price.

Technical analysis is based on the assumption that stocks move based on patterns (patterns) that can be easily identified and that can be used to make a reliable forecast.

Many beginners actually manage to do technical analysis because there are very easy patterns to learn.

Trade with Trading Indicators

Trading indicators are mathematical values, calculated on the basis of the prices of a financial security, which can be used to make accurate predictions. In addition to the actual indicators, there are also oscillators.

There are precise formulas to calculate the value of the indicators (we explain them in detail in our specific guide) but the best trading platforms make available, in real time, all the main indicators (for example, Metatrader does it).

You can learn more by reading our guide to Trading Indicators.

Best trading online brokers

Below, a complete summary with the best brokers for trading online:

Platform: etoro
Min. Deposit: 50€
License: Cysec
  • Social Trading (Copy the best)
  • Simple and intuitive
  • SIGN UP
    1star 1star 1star 1star 1star
    Platform: xtb
    Min. Deposit: 100€
    License: Cysec
  • Free demo
  • Free Course
  • SIGN UP
    1star 1star 1star 1star 1star
    Platform: iqoption
    Min. Deposit: 50€
    License: Cysec
  • Free demo without limitations
  • Minimum deposit low
  • SIGN UP
    1star 1star 1star 1star 1star
    Platform: ubrokers
    Min. Deposit: 250€
    License: Cysec
  • Free Training
  • Zero Commissions
  • SIGN UP
    1star 1star 1star 1star 1star
    Platform: trade
    Min. Deposit: 100€
    License: Cysec
  • Free demo
  • Free course trading
  • SIGN UP
    1star 1star 1star 1star 1star
    72.30% of retail CFD accounts lose money
    Platform: forextb
    Min. Deposit: 250€
    License: Cysec
  • Free trading course
  • Free trading signals
  • SIGN UP
    1star 1star 1star 1star 1star

    The brokers we have selected are safe, reliable, commission-free and can be used easily even by those who really start from scratch.

    how to trade online

    Trading Books

    List of best books to learn how to trade:

    1. Free ForexTB eBook (click here to download it for free)
    2. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy

    3. Long-Term Secrets to Short-Term Trading by Larry R. Williams
    4. The Intelligent investor by Benjamin Graham
    5. The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management: Psychology, Trading Tactics, Risk Management, and Record-keeping by Alexander Elder

    To learn more you can read our guide to the best online trading books.

    Conclusions

    Learning the basic techniques of online trading is not difficult at all: there is technical analysis and fundamental analysis. Beginner traders can easily apply excellent trading strategies. For those wishing to learn more about these topics, we also recommend downloading this truly excellent ebook for free.

    In most cases, beginners make mistakes not because they do not know the best strategies (with a good ebook like the one we have reported it is easy to learn) but because they lack the necessary discipline to apply them correctly.

    How to start trading?

    First of all, by choosing a serious and professional platform, with all the regulations to operate. Only in this way will we be safe from scams and will have the opportunity to start practicing with a free Demo account.

    Which platform is suitable for starting trading?

    All the best platforms regulated by Consob or CySec are easy to use and have a Demo account to take the first steps.

    What is the minimum deposit required to trade?

    Brokers usually require very low deposits, even with € 100 as in the case of ForexTB it will be possible to start investing.

    Where to study best before starting trading?

    Definitely choosing one of the recommended books to start trading online.

    Click to rate this post!
    [Total: 0 Average: 0]

    Leave A Reply

    Your email address will not be published.