Advertisement

Anonymous

15 Aug 2020

∙

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?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

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! (:

Reply

Save

Write your thoughts

Related Posts

I will do my first 25 trades using Kristal.AI and then subsequently use FSMone RSP in the long run. I’ll only be buying ETFs, how does this strategy sound?

I am a 18yo student looking to invest around $7000 (one time) in IWDA. I found out that SCB Trading Account is the cheapest but I do not reach the minimum age of 21. Should I use FSMone first and move to SCB when I'm 21?

I am a fresh graduate (Free from debt) started my full time job. I wanted to start investing to have side income instead of using my time to trade for money(part time tuition) can you please advise me how do I start investing?

Any recommendations for brokerages for trading other than TD Ameritrade? Because the waiting time is too long. Also, best is if there is a paper trading account to practise prior to actual trading. Any recommendations?

Many users are using Meta trader 4 for forex trading, however i am confused as i have seen other trading platforms eg. Oanda which also has MT4. How are they linked? Which broker is good for MT4?

Related Products

Moomoo Singapore

4.7

485 Reviews

From $0

MINIMUM FEE

0.03%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Saxo Markets

4.5

958 Reviews

Syfe Trade

4.9

127 Reviews

Related Posts

I will do my first 25 trades using Kristal.AI and then subsequently use FSMone RSP in the long run. I’ll only be buying ETFs, how does this strategy sound?

I am a 18yo student looking to invest around $7000 (one time) in IWDA. I found out that SCB Trading Account is the cheapest but I do not reach the minimum age of 21. Should I use FSMone first and move to SCB when I'm 21?

I am a fresh graduate (Free from debt) started my full time job. I wanted to start investing to have side income instead of using my time to trade for money(part time tuition) can you please advise me how do I start investing?

Any recommendations for brokerages for trading other than TD Ameritrade? Because the waiting time is too long. Also, best is if there is a paper trading account to practise prior to actual trading. Any recommendations?

Many users are using Meta trader 4 for forex trading, however i am confused as i have seen other trading platforms eg. Oanda which also has MT4. How are they linked? Which broker is good for MT4?

Advertisement