Post
Topic
Board Trading Discussion
Topic OP
What factors do you consider when opening a trade position?
by
HawkTrader
on 07/11/2024, 20:54:56 UTC
I've seen quite a lot of guides out there that literally sounds like fiction when getting down to the real deal.

Some referencing a long list of "to-dos" and "not to-dos" which are practically impossible. Other shares varieties of market indicators to monitor; mostly not doable too.

There's practically one that intrigues me - "stick to what works for you".

But that's not all. We'll still need to:
1. Choose an exchange with high liquidity.
2. Choose an exchange that is cost-effective in terms of trading fee.

Right now, we've got the likes of Binance, Bitget and Bybit flexing top muscles with competitive fees.

Which do you prefer?