Now, Today I am gonna show how you can too earn some hundred-thousand dollars from the U.S stock Market...
Let us start then
.
Why U.S stock Market ..???
First of all Good Morning from India to everyone currently reading this as it is 9 a.m when I started making this post .. :)
The U.S market is obviously based on one of most famous currencies that is Dollar. Due to that and with some famous stocks are listed there too .. To invest in the U.S stock market as a foreigner was one big pain in the ass but ofcourse not now ..
The U.S. stock in my opinion is very attractive for me because of the oppurtunities you get there ...
That is I can trade big blue chip stock which are really easy to predict as there is plenty of data and news and analysis easily available on the internet which gives me the edge to predict the stock movement for short term (Usually I trade Good big stocks so that I know they remain long term bullish)...
To do this you need to be familiar on how to use Bitcoin or any other crypto-currencies (which I know you are)...
In this simple tutorial we will be using the examples of 2 websites both used by me and traded for profits almost weekly.. (I am busy in upcoming examinations as I am only a 17-year-old college student)
1 -) https://www.1broker.com
2 -) https://www.simplefx.com
Before Proceeding Read this ....
IMPORTANT - This tutorial is for educational purposes only I don't CIA or the FBI knocking on my doors . I don' think it is legal to do this but so is the same for the usage of cryptocurrencies but still they are flourishing to a $200B+ market . The thing is government will prevent everything that prevents them to make profit as this way a person doesn't really have to BUY the dollar and open a brokerage account causing them losses :)..
So The important note is done let's go ..
First is 1broker ..
1Broker
As you can see the time it is 12PM now because I left and resumed some college work I want to submit :)
.
The website is pretty cool to be honest and the fast execution of trades is good too ..
You can buy stocks here in the form of CFDs (if you don't what they are if will learn them over time) It is basically an Contract which let's you hold a asset for a time ..
For example let's say you wanna buy the Amazon stock (Currently $1125) ..
The problem with 1broker is which is why it is not recommended by me oppose to simplefx is it just never shows HOW much you can lose prior to the trade for example look at the image above . If I risk 1 Bitcoin and the Amazon stock's proce rises by only 5% which is from $1125 to $1180 and it can trade 5% only in a day trade as I monitered you earn 0.75 BTC........!!!! Yup 75% Pure profit along with your BTC risked it would be now 1.75 BUT if it loses 5% then you lose 0.75 BTC too which is -75% ..... Big lossses Big gains
.
Now you would ask this is horrible and it is highly risky but nooo...
I gave this as an example normally I only risk with 10% of my capital for example if I have 1 BTC I only risk 0.10 BTC and for which I only buy 0.01 Lot... If you think this is confusing let me explain with a screenshot ..
See now when I buy 0.01 Lot I would gain 0.0075 BTC if Stock rises by 5% (Same scenerio as assumed above) and if it falls by 5% I only lose 0.0075 out of the 0.10 I am willing to risk 0.0075 is nothing which means I can hold the postion for a long time even if tbe stocks goes by a WHOOPING -25% Which is highly unlikely as I first stated I only buy good stocks of great companies and I always buy them at the lowest i.e I always buy the dips..
So , There it is good for long term investors too
..
Also Speaking of longterm 1broker pays you divindend of the stocks too (Please google Dividend if you don't know)..
Check them out here :-
https://1broker.com/?c=en/content/dividend-calculator
Link to the android app
https://play.google.com/store/apps/details?id=io.onepool.onebroker
..
Now the other one is
Simplefx
As the name suggests it is actually pretty simple here.
The website is smooth and great and I all the details are similar like to 1broker (about buying and selling) You can adjust to how much you wanna risk and normally buy stocks for mid term that is 1 week or two from here ..
I don't think his website needs any tour or introduction you can just visit and the interface will tell you what do you. Everything is just i front of you and on the market days it has a 24/7 live support which is pretty cool and shows how much they care how about their project and customers and even just making a acccount can get you 0.1BTC (Around $680) monthly in your pocket you just need to follow them on facebook and predict the NFP US you can google what it is for what I understand It is justa report od number of jobs created in America that month and the report is public too :)
To end
So, is this a way to easy money ...?
Well as I have traded candlesticks charts for a while it is easy for me . The price action is clear . The data and report releases are easily available on the internet the price action if the big stocks are pretty clear and predictive as most of them are bullish for long term ... I have seen withdrawls of over 100+ BTC from a single account in a week .. It is in my opinion a skill which can be developed with experince and hard work and the money you lose you should consider as a payment to your education :)..
It can be risky but WHAT IS NOT ?? But I think if you give time to it you can develop the skill of managing risks , cutting loses and become profitable overtime ...
It is a journey to be honest ..
Good luck if you are gonna give it a shot ..
Follow and upvote for support.
Goodbye and Peace ..
Sounds new and interesting. Thanks for sharing
Welcome ...
Thanks for sharing this tutorial, it sounds worth learning, @cassillas5553!
Thank you for reading .. :)
img credz: pixabay.com
Nice, you got a 16.0% @minnowbooster upgoat, thanks to @cassillas5553
Want a boost? Minnowbooster's got your back!
Good post bro...👌👍
i like it.
Nearly everything you do is of no importance, but it is important that you do it.
- Mahatma Gandhi
Thanks for the share will try this out