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Anonymous

15 Aug 2020

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General Investing

I am doing contra trading for the first time. What are the strategies that I can use for contra trading? Also, are they any apps that I can use to help me with the strategies?

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Dave Loh

15 Aug 2020

As with all trades, risk management is necessary to avoid big losses. Determine your risk tolerance and set a stop loss in case the market moves against you.

As for apps, you might wanna look at eToro, where you can “follow” the trades made by professional traders.

Hope I answered your question! (:

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