Sounds like you're describing martingale hedging, basically doubling your trades to make back losses. Honestly, it’s pretty risky and can blow your account fast if the market keeps going against you. With just $450, you'd only manage a few trades before it gets scary. I'd start with safer...
Why would a beginner focus on all of these, you should focus on one thing first master that, and then decide to try new things, if you deem the previous way of trading not good enough.
The potential is much higher in the crypto market, but that can go both ways. You can certainly make a lot more money in crypto though which is very alluring.
That is a very good point, but all of these talk about scamming the only thing they do is scare the newcomers to the market, I have been around in this market and I have not been scammed once, worked with 2 unregulated brokers too, no problem. Scamming is not that prevalent in this market anyway...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.