I was thinking of these everytime and I never found any answer to it yet.
I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.
Trying to understand that 100v then for sure it is a typo or something in 100x leverage which it could blown up your entire balance even with some percentage price movement.
Speaking about on type of trades then it could be spot,future,derivatives which you would be adjusting basing up on what leverage you could take on.
Type of traders?
DayTrader
Scalper
Swing
Long term
So choose which one you would be suiting in.
For a beginner having lesser knowledge or doesn't have any knowledge about trading what type of trade do you compare him or her to adapt to first to start growing widely on trading