2. DETERMINING MARKET SUITABILITY
A new trader has many things to think about as they
embark on a trading career. The most important
questions is figuring out are you interested in forex,
futures, options or something else.
3. DETERMINING MARKET SUITABILITY
Your starting balance is important when
determining what market suits your financial
situation. Brokers will require you to have 25k to
daytrade stocks and options.
4. DETERMINING MARKET SUITABILITY
If one is opening an account with less than that
amount then commodities/futures or forex is a
better option. For those who are averse to risk then
forex is a great market for the beginner because
you can open an account with less than a thousand
dollars and risk as little as 10 cents per trade which
is harder to do in other markets.